$163,500
SOLD FEB 22, 2022

11418 S Elk Run Ln Spokane, WA 99224

2.29 Acres
$71,397 Price per Acre
99,752 Sq Ft Lot

Recently Sold

27% Below List Price

61 Days on Market

Highlights

  • Golf Course View
  • Cul-De-Sac
  • High Speed Internet
  • Oversized Lot
  • Landscaped with Trees

About This Lot

As of February 2022

Beautiful hillside lot at the end of a cul-de-sac located in the desirable, gated community of the Ridge at Hangman Phase VIII. There are not many lots left, and this is one of the finest of them with elevated views of the golf course and valley. Bring your own builder, and build as you choose, with no timelines on completion. Geotechnical survey already completed and available to buyer. Power and gas at the property line, private water association and fire safety system throughout- all you need to do is put in septic and you're ready to go. Gorgeous, private setting with access to walking trails and high elevation views. Only 12 minutes to the airport, downtown Spokane or the hospitals, yet far enough away to experience the close-in country feel, wildlife and beautiful scenery.

Last Agent to Sell the Property

Delsah Ihrig

REAL Broker LLC License #141060 Listed on: 11/12/2021

Last Buyer's Agent

Sandi Snyder

Amplify Real Estate Services License #118461

Amplify Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,648

Lot Details

  • 2.29 Acre Lot
  • Cul-De-Sac
  • Oversized Lot
  • Irregular Lot
  • Hillside Location
  • Landscaped with Trees

Property Views

  • Golf Course
  • Mountain

Utilities

  • Underground Utilities
  • Gas Available
  • Private Water Source
  • High Speed Internet

Community Details

  • The Ridge At Hangman Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 34282.4611

Property Details

Property Type

Land

Est. Annual Taxes

$1,648

Lot Details

0

Listing Details

  • Sub Type: Land
  • Access: Pvt Rd, Paved
  • Class: Lots & Land
  • Lvt Date: 11/12/2021
  • Common Interest Community: No
  • Geo Address Line: 11418 S Elk Run Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/13/2021 3:19:50 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Subdivision/Development: The Ridge at Hangman
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1.64

Utilities

  • Utilities: Gas Av Prop L, Pwr Av Prop L, Undergrd Util
  • Power Company: Inland Pwr
  • Water System: Priv Wtr, Wtr Av Prop L

Schools

  • School District: Spokane Dist 81
  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 2.29
  • Estimated Lot Sq Ft: 99752
  • Lot Information: View, Treed, Hillside, Culdesac, Oversized, Irreg, Plan Unit Dev, CC & R
  • Lot View: Golf, Mountain
  • Parcel Number: 34282.4611
  • Multiple Parcels: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 7, 2022
Sold by
Omalley Kelly K
Bought by
Klaameyer Thomas James and Klaameyer Jennifer Faris
Seller's Agent
Delsah Ihrig
REAL Broker LLC
Buyer's Agent
Sandi Snyder
Amplify Real Estate Services
List Price
$225,000
Sold Price
$163,500
Premium/Discount to List
-$61,500
-27.33%
Current Estimated Value
$223,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,000
Avg. Annual Appreciation
5.78%
Original Mortgage
$113,500
Interest Rate
2.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2020
Closed on
Jan 8, 2021
Sold by
Hangman Corporation
Bought by
Malley Kelly K O
Seller's Agent
Brian Smith
Windermere Manito, LLC
Buyer's Agent
Brian Smith
Windermere Manito, LLC
List Price
$119,000
Sold Price
$113,050
Premium/Discount to List
-$5,950
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.02%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $163,500 First American Title
Warranty Deed $113,000 Wfg National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,000 New Conventional
Closed $725,000 New Conventional
Closed $113,500 New Conventional
Previous Owner $2,700,000 Stand Alone First
Previous Owner $0 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $163,500 -16.2% --
01/12/2022 01/12/22 Pending -- -- --
12/20/2021 12/20/21 Price Changed $195,000 -13.3% --
11/12/2021 11/12/21 For Sale $225,000 +99.0% --
01/08/2021 01/08/21 Sold $113,050 -5.0% --
01/04/2021 01/04/21 Pending -- -- --
10/07/2020 10/07/20 For Sale $119,000 -- --
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,648 $180,410 $180,410 --
2024 $1,648 $180,410 $180,410 --
2023 $1,257 $161,500 $161,500 $0
2022 $1,112 $140,000 $140,000 $0
2021 $1,024 $90,000 $90,000 $0
2020 $1,078 $90,000 $90,000 $0
2019 $1,018 $89,100 $89,100 $0
2018 $1,183 $89,100 $89,100 $0
2017 $1,157 $89,100 $89,100 $0
2016 $1,075 $89,100 $89,100 $0
2015 $1,087 $89,100 $89,100 $0
2014 -- $110,000 $110,000 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202125090

Spokane Association of REALTORS®

APN: 34282.4611