NOT LISTED FOR SALE

1605 W Velvet Ln Spokane, WA 99208

Five Mile Prairie Neighborhood

Estimated Value: $495,504 - $576,000

3 Beds
2 Baths
2,560 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 1605 W Velvet Ln, Spokane, WA 99208 and is currently estimated at $534,376, approximately $208 per square foot. 1605 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2019
Sold by
Guier Kelley
Bought by
Guier Thomas
Current Estimated Value
$534,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$98,255
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$417,254

Purchase Details

Closed on
Oct 5, 2005
Sold by
Lanzce G Douglass Inc
Bought by
Guier Thomas E and Guier Kelley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

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.

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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.

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First American

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Quantarium

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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
Guier Thomas -- None Available
Guier Thomas E $220,045 Stewart Title Of Spokane
Lanzce G Douglass Inc -- Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guier Thomas E $115,000
Closed Guier Thomas E $110,000
Source: Public Records

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 $4,345 $444,800 $110,000 $334,800
2023 $3,845 $450,400 $110,000 $340,400
2022 $3,294 $428,700 $110,000 $318,700
2021 $3,133 $289,300 $54,000 $235,300
2020 $2,880 $250,900 $44,000 $206,900
2019 $2,477 $220,900 $44,000 $176,900
2018 $2,625 $200,000 $44,000 $156,000
2017 $2,443 $187,500 $44,000 $143,500
2016 $2,499 $184,800 $44,000 $140,800
2015 $2,384 $181,500 $35,000 $146,500
2014 -- $179,600 $35,000 $144,600
2013 -- $0 $0 $0
Source: Public Records

Map

Washington Spokane County Spokane 99208 Five Mile Prairie

1605 W Velvet Ln, Spokane, WA

Homes for Sale in Spokane, WA

This home is located at 1605 W Velvet Ln, Spokane, WA 99208 and is currently estimated at $534,376, approximately $208 per square foot. 1605 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.

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