NOT LISTED FOR SALE

1516 E Cambridge Ln Unit 1516 E Cambridge Spokane, WA 99203

Lincoln Heights Neighborhood

Estimated Value: $396,814 - $421,000

2 Beds
2 Baths
1,390 Sq Ft
$400/mo HOA Fee

Last Sold March 31, 2023

Last sale price $375,000 $270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,963/month

Highlights

  • Back to Public Ground
  • Secluded Lot
  • Jetted Tub in Primary Bathroom
  • Hamblen Elementary School Rated A-
  • Traditional Architecture
  • Solid Surface Countertops

About This Home

As of March 2023

Experience the epitome of luxury and leisurely living in the prestigious Harvard Park community. Indulge in a culinary masterpiece with the gourmet kitchen featuring sleek granite counters and new refrigerator, wall oven, and never used dishwasher. The cozy living room with a gas fireplace provides a warm and inviting ambiance perfect for relaxation. The oversized primary suite boasts a spacious walk-in closet and lavish amenities that are usually found in homes twice the price. Each bedroom has its own private deck, offering breathtaking views of the lush landscaping. Enjoy the serenity of your surroundings as the Association takes care of all the maintenance tasks including landscaping, gardening, pool upkeep, and snow removal. Sit back, relax and revel in the ultimate comfort of your new luxurious home. New railings, water heater, washing machine, main floor windows and slider, new AC in July 2022.

Last Listed By

Jennifer Clemens

Keller Williams Spokane - Main License #23035852 Listed on: 02/21/2023

Keller Williams Spokane - Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1981

Lot Details

  • Back to Public Ground
  • Level Lot
  • Sprinkler System

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 1,390 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Formal Dining Room
  • Home Security System

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Schools

  • Hamblen Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 35332.4405

Community Details

Overview

  • Association fees include wtr/swr/garb, comm elem maint, grounds maint
  • Harvard Park Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Amenities

  • Community Deck or Porch

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,470

Year Built

Built in 1981

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • HOA YN: Yes
  • Sub Type: Condo
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1981
  • Lvt Date: 02/21/2023
  • Common Interest Community: No
  • Geo Address Line: 1516 E Cambridge Ln
  • Geo Primary City: Spokane
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/21/2023 7:14:54 PM
  • Geo Zoom Level: 20
  • Sr High: Ferris
  • Jr High: Chase
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Subdivision/Development: Harvard Park
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 1390
  • Price Per Sq Ft: 269.78
  • Bathrooms: 2
  • Bedrooms: 2
  • First Floor Bathrooms: 0.75
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Bedrooms: 2
  • Second Floor Bathrooms: 1
  • Special Features: Wood Flr, Alum Wn Fr, Vinyl Wn Fr, Multi Pn Wn
  • Design: Traditional
  • Dining Room: Formal
  • Family/Recreation Room: 1st Flr, Off Kit, Outside Ent
  • Features: Sec Alarm, Breakers, 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Disposal, Microwave, Pantry, Washer, Dryer, Hrd Surface Counters
  • Primary Bedroom: Wlkin Clst, Full Bath, 2nd Flr, Jetted Tub
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Cedar, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Oversized
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Comm Pool, Cable TV, Deck, Cable Internet
  • Condo/PUD Features: Pets
  • Condo/PUD Maintenance Fee Pays: Wtr/swr/garb, Comm elem maint, Grounds Maint

Schools

  • School District: Spokane Dist 81
  • Elementary School: Hamblen
  • Middle School: Chase
  • High School: Ferris
  • School District: Spokane Dist 81
  • Elementary School: Hamblen

Lot Info

  • Acres Mol: 0.04
  • Estimated Lot Sq Ft: 1920
  • Lot Information: Spr Sys, Level, Secluded, Comn Grnd, Plan Unit Dev, CC & R
  • Monthly Assessment: 400
  • Parcel Number: 35332.4405
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 3470.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 24, 2023
Sold by
Wagner Kay K Le
Bought by
Talseth Vera Helene and Lang Bruce Zelner
Seller's Agent
Jennifer Clemens
Keller Williams Spokane - Main
Buyer's Agent
Kimberly Dailey
John L Scott, Inc.
List Price
$375,000
Sold Price
$375,000
Total Days on Market
0
Views
1
Current Estimated Value
$409,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,454
Avg. Annual Appreciation
1.83%
Original Mortgage
$197,000
Outstanding Balance
$192,710
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$197,013

Purchase Details

Closed on
Mar 10, 2014
Sold by
Renfro Joshua M and Renfro Britta J
Bought by
Wagner Kay K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2010
Sold by
Larson Larry A and Tobin Susan S
Bought by
Renfro Joshua M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2005
Sold by
Turner Peggy J
Bought by
Larson Larry A and Tobin Susan S

Purchase Details

Closed on
Sep 4, 2002
Sold by
Sletager Janice R
Bought by
Turner Peggy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.37%

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
Talseth Vera Helene -- Ticor Title
Wagner Kay K $170,000 Spokane County Title Co
Renfro Joshua M -- Pacific Northwest Title
Larson Larry A $175,000 Transnation Title
Turner Peggy J $110,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talseth Vera Helene $197,000
Previous Owner Wagner Kay K $136,000
Previous Owner Renfro Joshua M $170,000
Previous Owner Turner Peggy J $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $375,000 0.0% $270 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $375,000 -- $270 / 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
2024 $3,512 $353,800 $105,000 $248,800
2023 $3,470 $361,300 $80,000 $281,300
2022 $3,130 $354,700 $75,000 $279,700
2021 $2,924 $245,700 $45,000 $200,700
2020 $2,939 $237,900 $45,000 $192,900
2019 $2,399 $200,600 $32,000 $168,600
2018 $2,600 $186,800 $25,000 $161,800
2017 $2,321 $169,800 $25,000 $144,800
2016 $2,538 $181,700 $25,000 $156,700
2015 $2,279 $159,600 $25,000 $134,600
2014 -- $148,500 $25,000 $123,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202311630

Spokane Association of REALTORS®

APN: 35332.4405