NOT LISTED FOR SALE

2601 E Cherry Tree Ln Spokane, WA 99203

Rockwood Neighborhood

Estimated Value: $723,000 - $1,019,000

3 Beds
3 Baths
3,131 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $695,900 $222 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,767/month

95 Days on Market

Highlights

  • Active Adult
  • Great Room
  • 2 Car Attached Garage
  • Gated Community
  • Den
  • Eat-In Kitchen

About This Home

As of December 2020

Custom built Lexington home move-in ready in Gated Grapetree, a 55+community. Great room boasts, lots of natural light, high ceilings & gas fireplace w/ marble front. Wood trim throughout, nat'l hickory floors and carpet. Maple cabinetry, granite countertops & top of the line SS appliances. Gas forced air, AC. Master bedroom features walk-in california closet & large custom built dresser. Spacious daylight walk-out lower level family rm, full bath, 3rd bdrm & tons of storage space. Laundry off insulated finished 2 car garage.

Last Agent to Sell the Property

Linda Roach

Coldwell Banker Tomlinson License #3642 Listed on: 08/18/2020

Coldwell Banker Tomlinson

Last Buyer's Agent

Stephanie Peterson

Windermere City Group License #117683

Windermere City Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 2014

Lot Details

  • 0.29 Acre Lot
  • Sprinkler System

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stone Exterior Construction
  • Hardboard

Interior Spaces

  • 3,131 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Family Room with entrance to outdoor space
  • Dining Room
  • Den
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Basement with some natural light

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 35284.4012

Community Details

Overview

  • Active Adult
  • Association fees include accounting, fire & liab, wtr/swr/garb, comm elem maint, grounds maint, management
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Amenities

  • Building Patio
  • Community Deck or Porch

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,717

Year Built

Built in 2014

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Pvt Rd, Paved
  • Class: Residential
  • Excluded Items: Washer/Dryer/TVs - All Negotiable
  • Style Of Construction: 1 Story
  • Year Built: 2014
  • Zone: RES
  • Lvt Date: 08/18/2020
  • Common Interest Community: No
  • Geo Address Line: 2601 S Cherry Tree Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/18/2020 4:40:24 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 3131
  • Price Per Sq Ft: 222.26
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1578
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Outside Entr
  • Estimated Basement Sq Ft: 1553
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Wood Flr, Nat Wdwrk, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, Outside Ent, Great room, Den or Office
  • Features: Sec Alarm
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Disposal, Microwave
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Stn Accent, Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Sat Dish, Deck, Patio, Gas Hot Wtr, Cable Internet, DSL
  • Condo/PUD Features: Pets, Gated
  • Condo/PUD Maintenance Fee Pays: Accounting, Fire & Liab, Wtr/swr/garb, Comm elem maint, Grounds Maint, Management
  • Seniors Only: Yes

Schools

  • School District: Spokane Dist 81
  • Elementary School: Hutton
  • Middle School: Sacajawea
  • High School: Ferris

Lot Info

  • Acres Mol: 0.29
  • Estimated Lot Sq Ft: 12522
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 21
  • Loc Numberblks N S: 26
  • Lot Information: Spr Sys, Plan Unit Dev, CC & R
  • Monthly Assessment: 330
  • Parcel Number: 35284.4012
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 4717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Schultz Edward C and Schultz Elaine L
Bought by
Schultz Edward Carl and Schultz Elaine Louise
Current Estimated Value
$896,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.12%
Mortgage Type
Credit Line Revolving
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
Schultz Edward Carl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schultz Edward Carl $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $695,900 0.0% $222 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $695,900 -5.9% $222 / Sq Ft
08/18/2020 08/18/20 For Sale $739,900 -- $236 / 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 $8,211 $921,900 $150,000 $771,900
2024 $8,211 $828,800 $150,000 $678,800
2023 $7,918 $818,800 $140,000 $678,800
2022 $7,280 $810,800 $132,000 $678,800
2021 $6,123 $515,500 $80,000 $435,500
2020 -- $405,650 $86,350 $319,300
2019 -- $395,000 $84,700 $310,300
2018 -- $391,400 $74,800 $316,600
2017 -- $380,900 $71,500 $309,400
2016 -- $345,100 $66,000 $279,100
2015 -- $57,000 $57,000 $0
2014 -- $35,000 $35,000 $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: 202020683

Spokane Association of REALTORS®

APN: 35284.4035