NOT LISTED FOR SALE

11516 S Fairway Ridge Ln Spokane, WA 99224

Estimated Value: $746,000 - $1,141,442

2.1 Acres
$471,958 Price per Acre
91,476 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $155,000

Est. 539% increase in value since last sale

Current estimated payment $6,122/month

9 Days on Market

Highlights

  • Golf Course View
  • Oversized Lot
  • Home fronts a stream
  • Freeman Elementary School Rated A-
  • Cul-De-Sac
  • High Speed Internet

About This Lot

As of August 2021

Bring your own builder and create your dream home. 2.1 acres of slopped land with beautiful views overlooking Hangman Golf Course. A private, gated community with country living close to Spokane and the airport. Paved roads weave throughout this 900 acre planned development with miles of hiking trails. This lot already has a perc test complete for a conventional septic system. High Speed Internet recently upgraded for all your work needs. Power & electricity available at lot line and water is affordable through the HOA water system. Lot is situated next to common area increasing your view plus your privacy. Visit ridgeathangman.com for CCR's. Choice of Freeman, Liberty or Spokane schools. Buyer's agent to verify.

Last Agent to Sell the Property

Mary Marr

Windermere Manito, LLC License #107481 Listed on: 07/13/2021

Windermere Manito, LLC

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,384

Lot Details

  • 2.1 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Cul-De-Sac
  • Oversized Lot

Property Views

  • Golf Course
  • Mountain

Utilities

  • Private Water Source
  • Perc Test On File For Septic Tank
  • High Speed Internet

Community Details

  • Ridge At Hangman Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 34285.4513

Property Details

Property Type

Land

Est. Annual Taxes

$1,384

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views, Cul-De-Sac, Oversized Lot, Plan Unit Dev, CC & R
  • Lot Size Acres: 2.1
  • Road Frontage Type: Private Road, Paved Road
  • View Type:Pond View: Golf Course, Mountain(s)
  • Co List Office Phone: 509-747-1051
  • MLS Status: Sold
  • Subdivision Name: Ridge at Hangman
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Stream

Utilities

  • Utilities: Natural Gas Available, Pwr Av Prop L
  • Sewer: Appr Perc Tst
  • Water Source: Private

Lot Info

  • Parcel Number: 34285.4513
  • Lot Size Sq Ft: 91476
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1383.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 10, 2021
Sold by
Watkins James E and Tourtellot Timothy G
Bought by
Smith Jared and Smith Kasi
Seller's Agent
Mary Marr
Windermere Manito, LLC
Buyer's Agent
MISC MISC
NON MLS
List Price
$159,500
Sold Price
$155,000
Premium/Discount to List
-$4,500
-2.82%
Current Estimated Value
$991,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,111
Avg. Annual Appreciation
55.62%

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 9, 2021
Sold by
Abosein Ladan and Gilbert E R
Bought by
Watkins James E and Tourtellott Timothy G
Seller's Agent
Kathy Bixler
Coldwell Banker Tomlinson
Buyer's Agent
Alisha Crowell
Spokane Home Buyers
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.54%

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jun 19, 2019
Sold by
Hangman Corporation A Washington Corp
Bought by
Abosein Ladan and Gilbert Robert E
Seller's Agent
Brian Smith
Windermere Manito, LLC
Buyer's Agent
Kathy Bixler
Coldwell Banker Tomlinson
List Price
$114,000
Sold Price
$109,000
Premium/Discount to List
-$5,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Smith Jared $155,000 First American Title
Watkins James E $115,000 Vista Title & Escrow
Abosein Ladan $109,000 Wfg Natl Ttl Co Of Eastern W
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jared $823,875
Previous Owner Hangman Corporation $2,700,000
Previous Owner Hangman Corporation $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $155,000 -2.8% --
07/22/2021 07/22/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $159,500 +38.7% --
03/11/2021 03/11/21 Sold $115,000 -4.2% --
01/11/2021 01/11/21 For Sale $120,000 +10.1% --
06/24/2019 06/24/19 Sold $109,000 -4.4% --
01/15/2019 01/15/19 For Sale $114,000 -- --
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 $8,663 $917,800 $207,500 $710,300
2024 $8,663 $207,500 $207,500 --
2023 $1,410 $190,000 $190,000 $0
2022 $1,360 $140,000 $140,000 $0
2021 $1,384 $110,000 $110,000 $0
2020 $1,458 $110,000 $110,000 $0
2019 $1,041 $78,750 $78,750 $0
2018 $1,103 $78,750 $78,750 $0
2017 $1,083 $78,750 $78,750 $0
2016 $1,128 $78,750 $78,750 $0
2015 $1,112 $78,750 $78,750 $0
2014 -- $78,750 $78,750 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Marr

    Seller's Agent in 2021

    Mary Marr

    Windermere Manito, LLC

    (509) 315-6811

    86 Total Sales

    Mary Marr
    Section Image
  • Kathy Bixler

    Seller's Agent in 2021

    Kathy Bixler

    Coldwell Banker Tomlinson

    (509) 879-4493

    143 Total Sales

    Kathy Bixler
    Section Image

  • M

    Buyer's Agent in 2021

    MISC MISC

    NON MLS

  • Alisha Crowell

    Buyer's Agent in 2021

    Alisha Crowell

    Spokane Home Buyers

    (509) 389-7324

    20 Total Sales

    Alisha Crowell
    Section Image
  • Brian Smith

    Seller's Agent in 2019

    Brian Smith

    Windermere Manito, LLC

    (509) 979-1020

    80 Total Sales

    Brian Smith
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202118791

Spokane Association of REALTORS®

APN: 34285.4513

Washington Spokane County Spokane 99224

11516 S Fairway Ridge Ln, Spokane, WA

This home is located at 11516 S Fairway Ridge Ln, Spokane, WA 99224 since 13 July 2021 and is currently estimated at $991,111. 11516 S Fairway Ridge Ln is a home located in Spokane County with nearby schools including Freeman Elementary School, Freeman Middle School, and Freeman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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