NOT LISTED FOR SALE

1851 W Summit Pkwy Spokane, WA 99201

West Central Neighborhood

Estimated Value: $794,000 - $875,000

2 Beds
4 Baths
2,031 Sq Ft
$406/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $314,197 $155 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,610/month

93 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Great Room
  • North Central High School Rated A-
  • Back to Public Ground
  • 1-minute walk to Herbert M. Hamblen Conservation Area

About This Home

As of April 2013

Vertical Living at its finest. This four level townhome has a greatroom with an outside terrace on the top floor with beautiful views of the Downtown skyline and Spokane River. An easy 10-minute walk to shops and restaurants.

Last Agent to Sell the Property

Greg Benner

Coldwell Banker Tomlinson License #3705 Listed on: 08/24/2012

Last Buyer's Agent

Rick Richard

John L Scott, Inc. License #9517

John L Scott, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 2012

Lot Details

  • Back to Public Ground
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $160 Monthly HOA Fees

Property Views

  • Water
  • City
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,031 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Alley Access
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25134.7105

Community Details

Overview

  • Association fees include accounting, wtr/swr/garb, comm elem maint, comm elec/gas, grounds maint, management
  • Built by Greenstone
  • Kendall Yards Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,496

Year Built

Built in 2012

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Sub Type: Res/Site Blt
  • New Construction: Yes
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: 3 Story
  • Year Built: 2012
  • Geo Match Code: 1
  • Geo Matched Method: 1
  • Geo Quality: 0.9
  • Geo Update Timestamp: 4/5/2013 9:15:42 PM
  • Geo Zoom Level: 15
  • Subdivision/Development: Kendall Yards
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Total Approx Sq Ft: 2031
  • Price Per Sq Ft: 154.7
  • Number of Stories: 3
  • Bathrooms: 4
  • Bedrooms: 2
  • First Floor Bathrooms: 0.5
  • First Floor Family Room: 1
  • Second Floor Bedrooms: 2
  • Second Floor Bathrooms: 2
  • Third Floor Bathrooms: 1
  • Third Floor Family Room: 1
  • Special Features: Wood Flr, Vinyl Wn Fr, Multi Pn Wn
  • Design: Contemp, Townhse
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: 1st Flr, Off Kit, Outside Ent, Great room
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Blt in R/O, Grll Top Rng, Gas Rng, D/W, Disposal, Microwave
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 2nd Flr
  • Number of Family Rooms: 2

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp, Flat

Garage/Parking

  • Garage Parking: Attached, Under Hse, Opener, Alley Access
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Cable Internet, DSL
  • Condo/PUD Features: Pets, Maint Assmt
  • Condo/PUD Maintenance Fee Pays: Accounting, Wtr/swr/garb, Comm elem maint, Comm elec/gas, Grounds Maint, Management

Schools

  • School District: Spokane Dist 81

Lot Info

  • Loc Dir E W: w
  • Loc Numberblk E W: 18
  • Loc Numberblks N S: 5
  • Lot Information: View, Spr Sys, Level, Bus Rt, Comn Grnd, Plan Unit Dev, Zero lot line, CC & R, Surveyed
  • Lot View: City, Territorial, Water
  • Monthly Assessment: 160
  • Parcel Number: 25134.7105
  • Site Improvements: Pub Sewer, Pub Wtr, Gas Avail-St

Building Info

  • Builder Name: Greenstone

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 25134.7105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Mar 28, 2013
Sold by
North Gorge Residential Partners Llc
Bought by
Ferraro Angelo S and Ferraro Elisa H
Seller's Agent
Greg Benner
Coldwell Banker Tomlinson
Buyer's Agent
Rick Richard
John L Scott, Inc.
List Price
$284,990
Sold Price
$314,197
Premium/Discount to List
$29,207
10.25%
Current Estimated Value
$824,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,404
Avg. Annual Appreciation
7.91%
Original Mortgage
$251,357
Outstanding Balance
$177,584
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$647,017
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferraro Angelo S $314,478 Inland Professional Title Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Angelo S $251,357
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2013 04/04/13 Sold $314,197 +10.2% $155 / Sq Ft
11/25/2012 11/25/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $284,990 -- $140 / 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 $1,496 $691,400 $150,000 $541,400
2024 $1,496 $694,100 $150,000 $544,100
2023 $743 $792,700 $75,000 $717,700
2022 $886 $776,500 $75,000 $701,500
2021 $901 $554,700 $75,000 $479,700
2020 $935 $477,700 $75,000 $402,700
2019 $901 $421,400 $75,000 $346,400
2018 $1,048 $392,200 $75,000 $317,200
2017 $825 $322,400 $60,000 $262,400
2016 $843 $318,300 $60,000 $258,300
2015 $861 $312,000 $60,000 $252,000
2014 -- $303,600 $60,000 $243,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Greg Benner

    Coldwell Banker Tomlinson

    Section Image
  • Rick Richard

    Buyer's Agent in 2013

    Rick Richard

    John L Scott, Inc.

    (509) 879-4422

    1 in this area

    61 Total Sales

    Rick Richard
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201221663

Spokane Association of REALTORS®

APN: 25134.7105

Washington Spokane County Spokane 99201 West Central

1851 W Summit Pkwy, Spokane, WA

Not Listed for Sale

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