NOT LISTED FOR SALE

1510 W Velvet Ln Spokane, WA 99208

Five Mile Prairie Neighborhood

Estimated Value: $481,000 - $504,446

4 Beds
3 Baths
2,100 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $262,500 $125 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,152/month

52 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • 3 Car Attached Garage
  • Prairie View Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Dual Closets

About This Home

As of August 2018

Recently Remodeled 4 bedroom 3 bath Home on Five Mile with a 3 car garage. The very desirable open concept home has beautiful bamboo floors throughout the main floor living area. Huge Kitchen with massive Island boasts newer stainless steel appliances including built in Microwave. Living room has beautiful Cathedral Ceilings, Gas Fireplace and open to the kitchen. Large Master suite with full tub and shower. Newer bathroom down with granite vanity and tile floors. Fully fenced back yard.

Last Agent to Sell the Property

Lori Sowl

Kelly Right Real Estate of Spokane License #23913 Listed on: 06/02/2018

Last Buyer's Agent

Natalie Ward

Amplify Real Estate Services License #121217

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 2005

Lot Details

  • Back Yard Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof
  • Wood Siding
  • Hardboard

Interior Spaces

  • 2,100 Sq Ft Home
  • Gas Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Schools

  • Mead High School

Utilities

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

Community Details

  • Association fees include wtr/swr/garb
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 26244.1503

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,445

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pvt Rd
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 2005
  • Lvt Date: 06/02/2018
  • Geo Address Line: 1510 W Velvet Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/2/2018 3:16:47 PM
  • Geo Zoom Level: 15
  • Sr High: Mead
  • Year Renovated: 2017
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2100
  • Price Per Sq Ft: 125
  • Bathrooms: 3
  • Bedrooms: 4
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Lndry
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Bathrooms: 1
  • Special Features: Wood Flr, Cath Cling, Nat Wdwrk, Vinyl Wn Fr, Multi Pn Wn
  • Design: Contemp
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt
  • Features: 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave, Washer, Dryer
  • Primary Bedroom: Dbl Clst, Full Bath, 1st Flr
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C

Condo/Co-op/Association

  • Amenities: Cable TV
  • Condo/PUD Maintenance Fee Pays: Wtr/swr/garb

Schools

  • School District: Mead
  • High School: Mead
  • School District: Mead

Lot Info

  • Loc Dir E W: W
  • Loc Numberblk E W: 15
  • Loc Numberblks N S: 7000
  • Lot Information: View, Fncd Bk Yd, Spr Sys, CC & R
  • Lot View: Territorial
  • Parcel Number: 26244.1503
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 2444.60
  • Assessor Parcel Number: 26244.1503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 27, 2018
Sold by
Schroeder Michael L
Bought by
Green Monica L and Lopez Travis R
Seller's Agent
Lori Sowl
Kelly Right Real Estate of Spokane
Buyer's Agent
Natalie Ward
Amplify Real Estate Services
List Price
$265,000
Sold Price
$262,500
Premium/Discount to List
-$2,500
-0.94%
Current Estimated Value
$507,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,536
Avg. Annual Appreciation
9.85%
Original Mortgage
$240,384
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 17, 2012
Closed on
Oct 11, 2012
Sold by
Gehring Andrew J and Clouse Jennifer K
Bought by
Schroeder Michael Lance
Seller's Agent
Cami Flaget
Realty One Group Eclipse
Buyer's Agent
Lori Sowl
Kelly Right Real Estate of Spokane
List Price
$180,000
Sold Price
$158,500
Premium/Discount to List
-$21,500
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$142,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Lanzce G Douglass Inc
Bought by
Gehring Andrew J and Gehring Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,780
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Green Monica L $262,500 Ticor Title Co
Schroeder Michael Lance $158,780 First American Title Ins Co
Gehring Andrew J $193,900 Stewart Title Of Spokane
Lanzce G Douglass Inc -- Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Monica L $75,000
Open Green Monica L $244,000
Closed Green Monica L $240,384
Closed Green Monica L $240,384
Previous Owner Schroeder Michael Lance $142,500
Previous Owner Lanzce G Douglass Inc $38,780
Previous Owner Gehring Andrew J $155,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $262,500 -0.9% $125 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $265,000 +67.2% $126 / Sq Ft
10/18/2012 10/18/12 Sold $158,500 -11.9% $77 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $180,000 -- $87 / 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 $4,510 $457,200 $120,000 $337,200
2024 $4,510 $461,800 $110,000 $351,800
2023 $4,036 $467,700 $110,000 $357,700
2022 $3,485 $450,100 $110,000 $340,100
2021 $3,312 $305,900 $54,000 $251,900
2020 $3,023 $263,400 $44,000 $219,400
2019 $2,302 $205,300 $44,000 $161,300
2018 $2,445 $186,200 $44,000 $142,200
2017 $2,278 $174,800 $44,000 $130,800
2016 $2,344 $173,300 $44,000 $129,300
2015 $2,228 $169,600 $35,000 $134,600
2014 -- $167,800 $35,000 $132,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Sowl

    Seller's Agent in 2018

    Lori Sowl

    Kelly Right Real Estate of Spokane

    (844) 535-5974

    2 in this area

    60 Total Sales

    Section Image
  • Natalie Ward

    Buyer's Agent in 2018

    Natalie Ward

    Amplify Real Estate Services

    (509) 998-3949

    2 in this area

    78 Total Sales

    Section Image
  • Cami Flaget

    Seller's Agent in 2012

    Cami Flaget

    Realty One Group Eclipse

    (509) 998-7398

    45 Total Sales

    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201818347

Spokane Association of REALTORS®

APN: 26244.1503

Washington Spokane County Spokane 99208 Five Mile Prairie

1510 W Velvet Ln, Spokane, WA

This home is located at 1510 W Velvet Ln, Spokane, WA 99208 since 02 June 2018 and is currently estimated at $492,112, approximately $234 per square foot. This property was built in 2005. 1510 W Velvet Ln is a home located in Spokane County with nearby schools including Prairie View Elementary School, Northwood Middle School, and Mead Senior 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.

Nearby Homes