NOT LISTED FOR SALE

38114 N Sheets Rd Elk, WA 99009

Estimated Value: $168,000 - $684,000

0.26 Acre
$1,638,462 Price per Acre
11,326 Sq Ft Lot

Last Sold January 29, 2020

Last sale price $20,000

Est. 2,030% increase in value since last sale

Current estimated payment $2,296/month

311 Days on Market

About This Lot

As of January 2020

Build your year round home on Reflection Lake. Low Association fees and private water hook-up. Private lake access. 28 minutes to Spokane. Direct, quick route to schools. Owner Financing available with 20% down. Seller has paid off water hook up fees.

Last Agent to Sell the Property

Kaya Kennedy

Keller Williams Spokane - Main License #121313 Listed on: 12/22/2018

Keller Williams Spokane - Main

Last Buyer's Agent

Kaya Kennedy

Keller Williams Spokane - Main License #121313 Listed on: 12/22/2018

Keller Williams Spokane - Main

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $170

Lot Details

  • 0.26 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Property is zoned RCV

Schools

  • Riverside Middle School
  • Riverside High School

Utilities

  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 49202.0414

Community Details

Overview

  • Reflection Lake Community Subdivision

Recreation

  • Waterfront Owned by Association

Property Details

Property Type

Land

Est. Annual Taxes

$170

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.26
  • Road Frontage Type: Private Road, Gravel
  • Water Body Name: Reflection Lk
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Subdivision Name: Reflection Lake Community
  • Master Plan Zoning: RCV
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Lake, Own Assoc

Utilities

  • Utilities: Power
  • Sewer: See Remarks
  • Water Source: Private

Schools

  • Elementary School: Riverside
  • High School: Riverside
  • Middle Or Junior School: Riverside

Lot Info

  • Parcel Number: 49202.0414
  • Lot Size Sq Ft: 11326

Tax Info

  • Tax Annual Amount: 170
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Markham Homes Inc
Bought by
Bersagel Benjamin
Current Estimated Value
$426,000

Purchase Details

Listed on
Dec 22, 2018
Closed on
Jan 1, 2020
Sold by
Harley C Douglass Inc
Bought by
Markham Homes Inc
Seller's Agent
Kaya Kennedy
Keller Williams Spokane - Main
Buyer's Agent
Kaya Kennedy
Keller Williams Spokane - Main
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.70%

Purchase Details

Closed on
Feb 6, 1997
Sold by
Middleton Michael
Bought by
Harley C Douglass Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500
Interest Rate
7.66%
Mortgage Type
Seller Take Back
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
Bersagel Benjamin $32,000 None Available
Markham Homes Inc -- Wfg Insurance
Harley C Douglass Inc $6,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harley C Douglass Inc $4,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold $20,000 -42.9% --
10/29/2019 10/29/19 Pending -- -- --
12/22/2018 12/22/18 For Sale $35,000 -- --
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 $452 $60,000 $60,000 --
2024 $452 $56,000 $56,000 --
2023 $252 $28,000 $28,000 $0
2022 $184 $28,000 $28,000 $0
2021 $183 $16,000 $16,000 $0
2020 $180 $15,000 $15,000 $0
2019 $172 $15,000 $15,000 $0
2018 $170 $13,000 $13,000 $0
2017 $166 $13,000 $13,000 $0
2016 $169 $13,000 $13,000 $0
2015 $198 $15,000 $15,000 $0
2014 -- $15,000 $15,000 $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: 201828194

Spokane Association of REALTORS®

APN: 49202.0414