NOT LISTED FOR SALE

Estimated Value: $700,000 - $840,000

0.38 Acre
$2,093,403 Price per Acre
16,553 Sq Ft Lot

Last Sold June 07, 2013

Last sale price $50,750

Est. 1,467% increase in value since last sale

Current estimated payment $4,959/month

253 Days on Market

About This Lot

As of June 2013

An unbelievable value in prestigious Legacy Ridge! Bring your own builder or use one of ours...this beautiful hillside lot, with territorial views and a level building site, would be a perfect location for your dream home. With its gated entry, community parks, miles of walking trails and vast open spaces, Legacy Ridge offers something for everyone, including quick, easy access to I90, shopping and golf!

Last Agent to Sell the Property

Tracy Penna

Windermere North License #100098 Listed on: 07/22/2012

Last Buyer's Agent

Rebecca Usai

John L Scott, Spokane Valley License #104035

John L Scott, Spokane Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $715

Lot Details

  • 0.38 Acre Lot
  • Property fronts a private road
  • Oversized Lot
  • Hillside Location

Schools

  • Greenacres Middle School
  • Central Valley High School

Additional Features

  • Territorial Views
  • Phone Available

Community Details

  • Legacy Ridge Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 55164.0207

Property Details

Property Type

Land

Est. Annual Taxes

$715

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views, Hillside, Oversized Lot, Plan Unit Dev, CC & R
  • Lot Size Acres: 0.38
  • Road Frontage Type: City Street, Private Road, Paved Road
  • View Type:Pond View: Territorial
  • Co List Office Phone: 509-323-2100
  • MLS Status: Sold
  • Subdivision Name: Legacy Ridge
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Natural Gas Available, Phn Av Prop L, Pwr Av Prop L, CTV Av Prop L
  • Sewer: Public Sewer, Sewer Available
  • Water Source: Public, Available

Schools

  • Elementary School: Greenacres
  • High School: Central Valley
  • Middle Or Junior School: Greenacres

Lot Info

  • Parcel Number: 55164.0207
  • Lot Size Sq Ft: 16450

Tax Info

  • Tax Annual Amount: 715
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2014
Sold by
Aspen Homes & Development Llc
Bought by
Usai Giorgio and Usai Rebecca
Current Estimated Value
$795,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,300
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2012
Closed on
May 30, 2013
Sold by
Bankey Jamie M and Bankey Traci M
Bought by
Aspen Homes & Development
Seller's Agent
Tracy Penna
Windermere North
Buyer's Agent
Rebecca Usai
John L Scott, Spokane Valley
List Price
$49,900
Sold Price
$50,750
Premium/Discount to List
$850
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.19%
Original Mortgage
$286,186
Interest Rate
3.38%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 12, 2005
Sold by
Legacy Ridge Development Inc
Bought by
Bankey Jamie M and Bankey Traci M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Usai Giorgio $373,677 First American Title Ins Co
Aspen Homes & Development $51,030 First American Title Ins Co
Bankey Jamie M $71,250 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Usai Giorgio $293,650
Closed Usai Giorgio $59,000
Open Usai Giorgio $472,000
Closed Usai Giorgio $69,425
Closed Usai Giorgio $326,400
Closed Usai Giorgio $336,300
Previous Owner Aspen Homes & Development $286,186
Previous Owner Bankey Jamie M $53,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $50,750 +1.7% --
04/01/2013 04/01/13 Pending -- -- --
07/22/2012 07/22/12 For Sale $49,900 -- --
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 $7,912 $784,300 $210,000 $574,300
2024 $7,912 $772,150 $194,250 $577,900
2023 $6,484 $759,350 $194,250 $565,100
2022 $6,592 $705,950 $183,750 $522,200
2021 $6,039 $496,700 $95,000 $401,700
2020 $5,366 $449,800 $75,000 $374,800
2019 $4,926 $429,600 $62,500 $367,100
2018 $5,502 $398,600 $55,000 $343,600
2017 $5,020 $370,200 $50,000 $320,200
2016 $4,936 $353,800 $50,000 $303,800
2015 $4,926 $346,900 $50,000 $296,900
2014 -- $50,000 $50,000 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201221294

Spokane Association of REALTORS®

APN: 55164.0207