NOT LISTED FOR SALE

2516 S Cherry Ln Spokane, WA 99223

Lincoln Heights Neighborhood

Estimated Value: $861,000 - $1,047,563

4 Beds
2 Baths
3,478 Sq Ft
$275/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $590,000 $170 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,883/month

108 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Craftsman Architecture
  • Horses Allowed On Property
  • 3.43 Acre Lot
  • Secluded Lot

About This Home

As of February 2019

Wonderful 1912 Craftsman farmhouse on 3.43 acres! Teak flrs on main flr, oak, fir & maple on stairs & upper lvl, all new windows, 90% eff. gas furnace, newer A/C unit, new well pump, huge redwood deck, 40x60 grg w/sep electrical, carriage house/barn & sep shop! Kitchen w/granite c-tops, open to small fam rm, blt ins in dining rm, mn flr office, huge walk in closets in bdrms (for 1912) open space in bsmt to finish for rec room, 2 bdrms (non egress)plus laundry in lwr lvl! Super charming!

Last Agent to Sell the Property

Mollie Sweat

Coldwell Banker Tomlinson License #13013 Listed on: 10/02/2018

Coldwell Banker Tomlinson

Last Buyer's Agent

John Nielsen

Coldwell Banker Tomlinson License #133407

Coldwell Banker Tomlinson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 1912

Lot Details

  • 3.43 Acre Lot
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Asbestos Siding

Interior Spaces

  • 3,478 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Territorial Views
  • Security Lights

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Bathrooms
  • Jetted Tub in Primary Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Schools

  • Lincoln Heights Elementary School
  • Chase Middle School
  • Ferris High School

Horse Facilities and Amenities

  • Horse Setup
  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Programmable Thermostat
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Water Softener
  • Internet Available
  • Cable TV Available

Additional Features

  • Shop
  • Barn

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35263.0141

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,951

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1912
  • Lvt Date: 10/02/2018
  • Common Interest Community: No
  • Geo Address Line: 2516 S Cherry Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/2/2018 4:37:44 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Year Renovated: 2017
  • Jr High: Chase
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3478
  • Price Per Sq Ft: 169.64
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1314
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • First Floor Fireplace: 2
  • Second Floor Estimated Sq Ft: 850
  • Second Floor Bedrooms: 4
  • Second Floor Bathrooms: 1
  • Basement: Full, Part Fin, Lndry
  • Estimated Basement Sq Ft: 1314
  • Basement Percent: 100
  • Basement: Yes
  • Special Features: Wood Flr, Nat Wdwrk, Vinyl Wn Fr
  • Design: Craftsman
  • Dining Room: Formal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: 1st Flr, Off Kit, Outside Ent, Formal LR, Den or Office
  • Features: Sec Lights, Breakers, 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, Gas Rng, D/W, Disposal, Kit Island
  • Primary Bedroom: Wlkin Clst, 2nd Flr, Jetted Tub
  • Number of Family Rooms: 1
  • Number of Fireplaces: 2
  • Stove: Gas

Exterior Features

  • Exterior: Asbestos
  • Out Buildings: Shop, Barn, Horse Setup
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking, Opener, Off St Prkg, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm., Hi Eff Furn (>90%)
  • Power Company: Avista
  • Water Company: Well

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Wtr Sftnr, Gas Hot Wtr, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Lincoln Heights
  • Middle School: Chase
  • High School: Ferris
  • School District: Spokane Dist 81
  • Elementary School: Lincoln Heights

Lot Info

  • Acres Mol: 3.43
  • Estimated Lot Sq Ft: 149410
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 48
  • Loc Numberblks N S: 25
  • Estimated Lot Dimension Depth: 645
  • Estimated Lot Dimension Front: 230
  • Lot Information: View, Spr Sys, Treed, Level, Secluded, Oversized, Horses Allowed
  • Lot View: Territorial
  • Parcel Number: 35263.0141
  • Site Improvements: Pub Sewer, Swr Conn, Well Installed

Tax Info

  • Tax Database Id: 1
  • Taxes: 4951
  • Assessor Parcel Number: 35263.0141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Feb 4, 2019
Sold by
Davis Dan and Davis Sarah A
Bought by
Byrne John and Mcvie Terri L
Seller's Agent
Mollie Sweat
Coldwell Banker Tomlinson
Buyer's Agent
John Nielsen
Coldwell Banker Tomlinson
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$958,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,141
Avg. Annual Appreciation
7.60%
Original Mortgage
$400,000
Outstanding Balance
$351,672
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$606,469
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
Byrne John $590,000 Vista Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrne John $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $590,000 -5.6% $170 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $625,000 -- $180 / 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 $9,391 $930,500 $271,500 $659,000
2024 $9,391 $900,700 $271,500 $629,200
2023 $9,340 $950,200 $271,500 $678,700
2022 $8,342 $920,240 $227,140 $693,100
2021 $7,640 $623,920 $151,620 $472,300
2020 $6,937 $544,490 $129,690 $414,800
2019 $4,057 $325,800 $117,900 $207,900
2018 $4,951 $340,000 $117,900 $222,100
2017 $4,556 $316,000 $117,900 $198,100
2016 $4,422 $301,000 $117,900 $183,100
2015 $4,300 $295,700 $117,900 $177,800
2014 -- $286,400 $117,900 $168,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mollie Sweat

    Seller's Agent in 2019

    Mollie Sweat

    Coldwell Banker Tomlinson

    (509) 879-4492

    2 in this area

    161 Total Sales

    Mollie Sweat
    Section Image
  • John Nielsen

    Buyer's Agent in 2019

    John Nielsen

    Coldwell Banker Tomlinson

    (509) 991-3672

    2 in this area

    38 Total Sales

    John Nielsen
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201825394

Spokane Association of REALTORS®

APN: 35263.0141

Washington Spokane County Spokane 99223 Lincoln Heights

2516 S Cherry Ln, Spokane, WA

This home is located at 2516 S Cherry Ln, Spokane, WA 99223 since 02 October 2018 and is currently estimated at $958,141, approximately $275 per square foot. This property was built in 1912. 2516 S Cherry Ln is a home located in Spokane County with nearby schools including Lincoln Heights Elementary School, Chase Middle School, and Ferris 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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