NOT LISTED FOR SALE

1611 W Velvet Ct Spokane, WA 99208

Five Mile Prairie Neighborhood

Estimated Value: $526,000 - $584,000

5 Beds
3 Baths
2,600 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $486,000 $187 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,439/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Separate Formal Living Room
  • Cul-De-Sac
  • Prairie View Elementary School Rated A-
  • No HOA
  • 3 Car Attached Garage

About This Home

As of August 2022

Big and Beautiful on the Prairie located on a quiet cul-de-sac. This spacious 5 bedroom, 3 bath home in the highly desired Mead school district has more than enough space for your imagination. Light & bright kitchen with room for all to gather features eating bar & large stainless fridge. Large main floor primary bedroom complete with en-suite full bath & walk-in closet. Other bedrooms are good-size. New carpet throughout basement with large family room complete with wet bar. A perfect space for those movie/game nights and it has you covered with a brand new roof in 2022. Large deck overlooking newly curbed oversized backyard with fire pit area perfect for entertaining or enjoying a quiet sunset. Plenty of room for pool, garden or sport court to make lasting memories. Room for all your toys with a 3 car garage. Includes GFA Heat, Central air & a large garden shed for storing your mower & garden tools. Big space equals big value. Schedule your showing today!

Last Agent to Sell the Property

Ron McIntire

Choice Realty License #24248 Listed on: 07/01/2022

Choice Realty

Last Buyer's Agent

Mindy Muglia

REAL Broker LLC License #22017296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Schools

  • Prairie View Elementary School
  • Northview Middle School
  • Mead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 26244.1404

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 2005

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: Front garden flower pot
  • Style Of Construction: Split Entry
  • Year Built: 2005
  • Lvt Date: 07/01/2022
  • Common Interest Community: No
  • Geo Address Line: 1611 W Velvet Ct
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/2/2022 1:18:54 AM
  • Geo Zoom Level: 15
  • Sr High: Mead
  • Year Renovated: 2022
  • Jr High: Northview
  • Allow Public Comments: No
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2600
  • Price Per Sq Ft: 186.92
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1322
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 1274
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 0.75
  • Basement Family Room: 1
  • Special Features: Cath Cling, Skylight, Vinyl Wn Fr, Multi Pn Wn
  • Design: Contemp
  • Dining Room: Eat Bar, Informal
  • Family/Recreation Room: Bsmt, Wet Bar, Formal LR
  • Features: Breakers
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Pantry, Washer, Dryer
  • Primary Bedroom: Wlkin Clst, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Off St Prkg
  • Garage Size: 3

Utilities

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

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Mead
  • Elementary School: Prairie View
  • Middle School: Northview
  • High School: Mead
  • School District: Mead
  • Elementary School: Prairie View

Lot Info

  • Acres Mol: 0.26
  • Estimated Lot Sq Ft: 11326
  • Loc Dir E W: W
  • Loc Numberblk E W: 16
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Culdesac
  • Parcel Number: 26244.1404
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 4000
  • Assessor Parcel Number: 26244.1404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 26, 2022
Sold by
Welch Michael K and Welch Larissa K
Bought by
Doan Huy V and Doan Nancy T
Seller's Agent
Ron McIntire
Choice Realty
Buyer's Agent
Mindy Muglia
REAL Broker LLC
List Price
$490,000
Sold Price
$486,000
Premium/Discount to List
-$4,000
-0.82%
Current Estimated Value
$553,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,292
Avg. Annual Appreciation
3.87%
Original Mortgage
$313,200
Outstanding Balance
$300,662
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$245,365

Purchase Details

Closed on
Apr 16, 2019
Sold by
Welch Michael A and Welch Larissa K
Bought by
Welch Michael and Welch Larissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,953
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2010
Sold by
Tregellas Brandon J and Tregellas Serina J
Bought by
Welch Michael A and Welch Larissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,512
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2005
Sold by
Summerhill Llc
Bought by
Lanzce G Douglass Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,767
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2005
Sold by
Lanzce G Douglass Inc
Bought by
Tregellas Brandon J and Tregellas Serina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,767
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
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
Doan Huy V -- First American Title
Welch Michael -- Fidelity National Ttl Of Or
Welch Michael A $255,280 Spokane County Title Co
Lanzce G Douglass Inc -- Stewart Title Of Spokane
Tregellas Brandon J $193,440 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doan Huy V $313,200
Previous Owner Welch Michael $42,600
Previous Owner Welch Michael $269,580
Previous Owner Welch Michael $258,953
Previous Owner Welch Michael A $250,512
Previous Owner Tregellas Brandon $50,907
Previous Owner Tregellas Brandon J $183,767
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $486,000 -0.8% $187 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $490,000 -- $188 / 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 $5,087 $514,600 $120,000 $394,600
2024 $5,087 $521,000 $110,000 $411,000
2023 $4,501 $527,800 $110,000 $417,800
2022 $3,921 $502,100 $110,000 $392,100
2021 $3,721 $343,800 $54,000 $289,800
2020 $3,408 $297,100 $44,000 $253,100
2019 $2,919 $260,400 $44,000 $216,400
2018 $3,081 $234,800 $44,000 $190,800
2017 $2,858 $219,500 $44,000 $175,500
2016 $2,939 $217,400 $44,000 $173,400
2015 $2,828 $215,400 $35,000 $180,400
2014 -- $213,100 $35,000 $178,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron McIntire

    Seller's Agent in 2022

    Ron McIntire

    Choice Realty

    (509) 951-7653

    6 in this area

    166 Total Sales

    Ron McIntire
    Section Image

  • M

    Buyer's Agent in 2022

    Mindy Muglia

    REAL Broker LLC

    (509) 385-2357

    1 in this area

    10 Total Sales

    Mindy Muglia
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202218683

Spokane Association of REALTORS®

APN: 26244.1404

Washington Spokane County Spokane 99208 Five Mile Prairie

1611 W Velvet Ct, Spokane, WA

This home is located at 1611 W Velvet Ct, Spokane, WA 99208 since 01 July 2022 and is currently estimated at $553,292, approximately $212 per square foot. This property was built in 2005. 1611 W Velvet Ct 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.

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