NOT LISTED FOR SALE

2908 S Sommer Ln Spokane Valley, WA 99037

Estimated Value: $516,000 - $568,000

5 Beds
3 Baths
1,279 Sq Ft
$427/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $277,000 $217 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,367/month

About This Home

As of November 2017

Well maintained large rancher on a quiet culdesac with many updates! 5 bedrooms & 3 baths with an in-law set up downstairs w/ outside entrance & Murphy bed. Large fenced backyard with plenty of room to play & for garden area. 2 decks off the back. Theater/family room downstairs. Newer paint & carpet. Main floor utilites. Oversize 2 car garage with storage. PUD has walking trail & park with pickle ball court & gazebo. Very clean and move-in ready! Desirable School District.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Nov 27, 2017
Sold by
Anglesey Craig D and Anglesey Carrie
Bought by
Powell David W and Powell Taylor
Seller's Agent
David Graesser
Windermere North
Buyer's Agent
Steven Silbar
John L Scott, Inc.
List Price
$289,000
Sold Price
$277,000
Premium/Discount to List
-$12,000
-4.15%
Current Estimated Value
$546,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,024
Avg. Annual Appreciation
8.52%
Original Mortgage
$268,690
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2012
Closed on
Aug 16, 2013
Sold by
Wilkes Charles A and Wilkes Mitzi
Bought by
Anglesey Craig D and Anglesey Carrie
Seller's Agent
Joe Mann
John L Scott, Inc.
Buyer's Agent
David Graesser
Windermere North
List Price
$229,900
Sold Price
$218,000
Premium/Discount to List
-$11,900
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$210,724
Interest Rate
4.28%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2006
Sold by
Wilkes Charles A
Bought by
Wilkes Charles A and Wilkes Mitzi

Purchase Details

Closed on
Oct 14, 2005
Sold by
Wilkes Mitzi
Bought by
Wilkes Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
Gregerson Michael and Gregerson Terrie L
Bought by
Thompson Rex D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2004
Sold by
Thompson Leeann G
Bought by
Thompson Rex D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1996
Sold by
Hatfield Paul A and Hatfield Denise M
Bought by
Gregerson Michael and Gregerson Terrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,920
Interest Rate
8.03%
Mortgage Type
Balloon
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
Powell David W $277,000 Spokane County Title Company
Anglesey Craig D $218,280 Spokane County Title Co
Wilkes Charles A -- Transnation Title
Wilkes Charles A -- Transnation Title
Wilkes Charles A $215,000 Transnation Title
Thompson Rex D $172,000 Spokane County Title Co
Thompson Rex D -- Spokane County Title Co
Gregerson Michael $134,900 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell David W $80,000
Open Powell David W $266,000
Closed Powell David W $268,690
Previous Owner Anglesey Craig D $36,475
Previous Owner Anglesey Craig D $210,724
Previous Owner Wilkes Charles A $28,200
Previous Owner Wilkes Charles A $186,000
Previous Owner Wilkes Charles A $30,000
Previous Owner Wilkes Charles A $193,500
Previous Owner Thompson Rex D $172,000
Previous Owner Gregerson Michael $107,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $277,000 -4.2% $109 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $289,000 +32.6% $114 / Sq Ft
08/21/2013 08/21/13 Sold $218,000 -5.2% $86 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
06/28/2012 06/28/12 For Sale $229,900 -- $91 / Sq Ft

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 $5,073 $490,300 $120,000 $370,300
2024 $5,073 $474,500 $95,000 $379,500
2023 $3,919 $464,600 $95,000 $369,600
2022 $3,868 $408,400 $85,000 $323,400
2021 $3,635 $285,800 $60,000 $225,800
2020 $3,416 $272,600 $60,000 $212,600
2019 $3,138 $261,300 $50,000 $211,300
2018 $3,380 $234,200 $50,000 $184,200
2017 $3,194 $225,000 $50,000 $175,000
2016 $3,142 $215,900 $50,000 $165,900
2015 $2,973 $200,700 $40,000 $160,700
2014 -- $200,700 $40,000 $160,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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