NOT LISTED FOR SALE

1612 W Velvet Ct Spokane, WA 99208

Five Mile Prairie Neighborhood

Estimated Value: $519,000 - $584,000

5 Beds
3 Baths
2,604 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $303,475 $117 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,488/month

9 Days on Market

Highlights

  • Cul-De-Sac
  • 3 Car Attached Garage
  • Dining Room
  • Prairie View Elementary School Rated A-
  • Walk-In Closet
  • Community Deck or Porch

About This Home

As of June 2018

Light & bright 5 Mile Prairie home w/ 5 beds, 3 baths & TWO full sized kitchens! Updates incl. NEW plank flooring & Karistan Stain Resistant carpets, slate GE appliances, 50 gal water heater, RO water filter system & softener. Central A/C, Gas fireplc. “Smart” tech updates: Ring Pro Door Bell, Nest 3 thermo (w/ Alexa), security sys w/cameras. 1/4 acre lot w/, sprinkler sys, solar floodlights, lg patio. Fenced backyard w/ 3 locking gates. On a quiet cul-de-sac. HOAs $170/mth: wtr-swr-grbg- comm.

Last Agent to Sell the Property

Whitney Little

Faira.com LLC License #121317 Listed on: 05/02/2018

Co-Listed By

Chris McQuillan

Faira.com LLC License #103634

Last Buyer's Agent

Shauna Johnson

Professional Realty Services License #118989

Professional Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Split Level Home
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Unfinished Basement

  • Laundry in Basement
  • Rough in Bedroom

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26244.1407

Community Details

Overview

  • Built by Lanzce Douglass
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Amenities

  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,555

Year Built

Built in 2005

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 2005
  • Lvt Date: 05/02/2018
  • Geo Address Line: 1612 W Velvet Ct
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/2/2018 7:50:17 PM
  • Geo Zoom Level: 15
  • Sr High: Mead
  • Year Renovated: 2014
  • Jr High: Northwood
  • Property Sub Type: Detached

Interior Features

  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1330
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Unfinished, RI Bdrm, Lndry
  • Estimated Basement Sq Ft: 1274
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Cath Cling, Skylight
  • Dining Room: Informal
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Microwave, Pantry
  • Primary Bedroom: Wlkin Clst, Full Bath
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas
  • Power Company: Avista
  • Water Company: Summerhill

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Gas Hot Wtr

Schools

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

Lot Info

  • Acres Mol: 0.25
  • Estimated Lot Sq Ft: 10890
  • Loc Dir E W: W
  • Lot Information: Level, Culdesac, Plan Unit Dev, CC & R
  • Monthly Assessment: 170
  • Parcel Number: 26244.1407
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Building Info

  • Builder Name: Lanzce Douglass

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
May 31, 2018
Sold by
Eldridge Ted A and Eldridge Pamela J
Bought by
Johnson Kim E
Seller's Agent
Whitney Little
Faira.com LLC
Buyer's Agent
Shauna Johnson
Professional Realty Services
List Price
$299,000
Sold Price
$303,475
Premium/Discount to List
$4,475
1.5%
Current Estimated Value
$540,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,721
Avg. Annual Appreciation
8.16%
Original Mortgage
$180,475
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Sargent Kyle and Sargent Amy L
Bought by
Eldridge Ted A and Eldridge Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,563
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2009
Sold by
Sargent Kyle
Bought by
Sargent Kyle and Sargent Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2007
Sold by
Northwest Renovators Inc
Bought by
Sargent Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2007
Sold by
Varavina Loudmila and Varavina Lydmila
Bought by
Northwest Renovators Inc

Purchase Details

Closed on
Apr 11, 2007
Sold by
Summerhill Llc
Bought by
Lanzce G Douglass Inc

Purchase Details

Closed on
Dec 16, 2005
Sold by
Lanzce G Douglass Inc
Bought by
Varavina Lydmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,180
Interest Rate
6.27%
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
Johnson Kim E $303,475 Ticor Title Co
Eldridge Ted A $232,030 Stewart Title Of Spokane
Sargent Kyle -- Pacific Northwest Title
Sargent Kyle $210,000 Spokane County Title Co
Northwest Renovators Inc $172,277 Spokane County Title Co
Lanzce G Douglass Inc -- Stewart Title Of Spokane
Varavina Lydmila $225,900 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kim E $400,000
Closed Johnson Kim E $175,000
Closed Johnson Kim E $180,475
Previous Owner Eldridge Ted A $197,600
Previous Owner Eldridge Ted A $224,563
Previous Owner Sargent Kyle $188,000
Previous Owner Sargent Kyle $189,000
Previous Owner Varavina Lydmila $45,180
Previous Owner Varavina Lydmila $180,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $303,475 +1.5% $117 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $299,000 -- $115 / 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 $4,555 $463,200 $120,000 $343,200
2024 $4,555 $466,400 $110,000 $356,400
2023 $4,658 $472,400 $110,000 $362,400
2022 $4,071 $519,600 $110,000 $409,600
2021 $3,825 $353,500 $54,000 $299,500
2020 $3,484 $303,800 $44,000 $259,800
2019 $2,331 $207,900 $44,000 $163,900
2018 $2,475 $188,500 $44,000 $144,500
2017 $2,734 $209,900 $44,000 $165,900
2016 $2,808 $207,700 $44,000 $163,700
2015 $2,445 $186,200 $35,000 $151,200
2014 -- $187,400 $35,000 $152,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    Whitney Little

    Faira.com LLC

    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Chris McQuillan

    Faira.com LLC

    Section Image
  • Shauna Johnson

    Buyer's Agent in 2018

    Shauna Johnson

    Professional Realty Services

    (509) 868-9382

    51 Total Sales

    Shauna Johnson
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201816164

Spokane Association of REALTORS®

APN: 26244.1407

Washington Spokane County Spokane 99208 Five Mile Prairie

1612 W Velvet Ct, Spokane, WA

This home is located at 1612 W Velvet Ct, Spokane, WA 99208 since 02 May 2018 and is currently estimated at $540,196, approximately $207 per square foot. This property was built in 2005. 1612 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.

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.

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