NOT LISTED FOR SALE

1223 W Cherrywood Ct Spokane, WA 99218

Estimated Value: $532,000 - $688,000

5 Beds
3 Baths
3,433 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $261,400 $76 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,567/month

70 Days on Market

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • 3 Fireplaces
  • Northwood Middle School Rated A-
  • 4-Story Property
  • Separate Formal Living Room

About This Home

As of August 2017

Fairwood Park Rancher**Culdesac upgraded home features many elegant improvements. Granite tops in kitchen and all baths. Neutral carpet and paint. Incredible covered deck for year round use with views of forested private common area. Three fireplaces to enjoy. Two storage sheds. Extended garage. Very quiet street in the desirable community of Fairwood. Mead Schools.

Last Agent to Sell the Property

Angela Heit

Flat List RE License #18124 Listed on: 04/21/2017

Last Buyer's Agent

Steve Hagen

Keller Williams Realty Coeur d License #M8429

Keller Williams Realty Coeur d

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1974

Lot Details

  • 9,840 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • 4-Story Property
  • Composition Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 3,433 Sq Ft Home
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with entrance to outdoor space
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Free-Standing Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Schools

  • Brentwood Elementary School
  • Northwood Middle School
  • Mead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Halls are 32 inches wide or more
  • Storage Shed

Community Details

  • Fairwood Park #2 Subdivision
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 36072.0636

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,544

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Accessibility: Doors 32+, Hallways 32+
  • Class: Residential
  • Style Of Construction: 4 Level
  • Year Built: 1974
  • Lvt Date: 04/21/2017
  • Geo Address Line: 1223 W Cherrywood Ct
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/3/2017 6:35:52 PM
  • Geo Zoom Level: 15
  • Sr High: Mead
  • Jr High: Northwood
  • Subdivision/Development: Fairwood Park #2
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 3433
  • Price Per Sq Ft: 76.14
  • Bathrooms: 3
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1731
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 2
  • First Floor Family Room: 2
  • First Floor Fireplace: 2
  • Second Floor Estimated Sq Ft: 925
  • Second Floor Bedrooms: 3
  • Basement: Partial, Finished, Fam/Rec Rm, Outside Entr
  • Estimated Basement Sq Ft: 777
  • Basement Percent: 50
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Basement Fireplace: 1
  • Special Features: Wood Flr
  • Design: Rancher
  • Dining Room: Formal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Outside Ent, Formal LR
  • Features: Breakers, 200 AMP
  • Fireplace: Gas, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Trash Comp, Pantry
  • Primary Bedroom: Wlkin Clst, Full Bath, 2nd Flr
  • Number of Family Rooms: 3
  • Number of Fireplaces: 3
  • Stove: Wood Burn, Gas

Exterior Features

  • Exterior: Stn Accent, Wood
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: Whitworth

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Do Not Use - StS, Gas Hot Wtr, Cable Internet

Schools

  • School District: Mead
  • Elementary School: Brentwood
  • Middle School: Northwood
  • High School: Mead
  • School District: Mead
  • Elementary School: Brentwood

Lot Info

  • Acres Mol: 0.23
  • Estimated Lot Sq Ft: 9840
  • Loc Dir E W: W
  • Loc Numberblk E W: 12
  • Loc Numberblks N S: 121
  • Estimated Lot Dimension Depth: 120
  • Estimated Lot Dimension Front: 90
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Culdesac
  • Parcel Number: 36072.0636
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 3544
  • Assessor Parcel Number: 36072.0636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 26, 2017
Sold by
Smith Rod A and Smith Lori L
Bought by
Williams Paul F and Williams Lynn R
Seller's Agent
Angela Heit
Flat List RE
Buyer's Agent
Steve Hagen
Keller Williams Realty Coeur d
List Price
$249,900
Sold Price
$261,400
Premium/Discount to List
$11,500
4.6%
Current Estimated Value
$585,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,172
Avg. Annual Appreciation
10.07%
Original Mortgage
$392,100
Interest Rate
3.91%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 14, 2003
Sold by
Bundy Paul F and Bundy Bettina D
Bought by
Smith Rod A and Smith Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2001
Sold by
Burger Frank F
Bought by
Bundy Paul F and Bundy Bettina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.97%

Purchase Details

Closed on
Feb 26, 2000
Sold by
Burger Carol L
Bought by
Burger Frank F
Source: Public Records

Range of Values:

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Average Value
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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
Williams Paul F $261,400 Inland Professional Title Ll
Smith Rod A $182,000 Transnation Title Insurance
Bundy Paul F $154,900 Spokane County Title Co
Burger Frank F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Paul F $708,000
Closed Williams Paul F $708,000
Closed Williams Paul F $547,500
Closed Williams Paul F $392,100
Previous Owner Smith Rod A $325,000
Previous Owner Smith Rod A $145,600
Previous Owner Bundy Paul F $120,000
Closed Smith Rod A $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $261,400 +4.6% $76 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $249,900 -- $73 / Sq Ft
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 $5,368 $519,200 $100,000 $419,200
2024 $5,368 $526,000 $95,000 $431,000
2023 $4,651 $496,300 $55,000 $441,300
2022 $4,821 $502,400 $55,000 $447,400
2021 $3,991 $346,800 $50,000 $296,800
2020 $3,851 $319,000 $50,000 $269,000
2019 $3,261 $273,000 $42,000 $231,000
2018 $3,733 $266,700 $38,000 $228,700
2017 $3,544 $254,400 $38,000 $216,400
2016 $3,487 $243,400 $38,000 $205,400
2015 $3,226 $230,300 $38,000 $192,300
2014 -- $214,900 $38,000 $176,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201715081

Spokane Association of REALTORS®

APN: 36072.0636