NOT LISTED FOR SALE

Estimated Value: $295,000 - $404,320

2 Beds
1 Bath
864 Sq Ft
$428/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $395,000 $457 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,449/month

4 Days on Market

Highlights

  • 1.86 Acre Lot
  • Building Patio
  • Landscaped with Trees
  • 2 Car Attached Garage
  • Cooling Available
  • Dining Room

About This Home

As of March 2022

A dream to have a peaceful spot of land with a newer home this close to everything. Two-bedroom, one-bath home conveniently located and on almost two acres of land just minutes from I-90, Hwy 195, Fairchild and Spokane. Home features one-level living with open living room/kitchen and roomy primary bedroom. Attached 1-1/2 car garage. Sit on your patio and enjoy the deer, turkey and other wildlife that pass through this tranquil area. Excellent potential for expansion or a shop, just bring your imagination. Private well and septic. All appliances included. Water heater, pressure tank and washer and dryer are all nearly new. Come and see this property before it's gone!

Last Agent to Sell the Property

Bob Travis

Windermere Manito, LLC License #27148 Listed on: 02/14/2022

Windermere Manito, LLC

Last Buyer's Agent

Ken Husby

Professional Realty Services License #139194

Professional Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 2004

Lot Details

  • 1.86 Acre Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Metal Roof
  • T111 Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • Cheney Elementary And Middle School
  • Cheney High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic System

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 25353.0611

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 2004
  • Lvt Date: 02/14/2022
  • Common Interest Community: No
  • Geo Address Line: 3940 W 40th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/15/2022 1:49:16 AM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Jr High: Cheney
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 864
  • Price Per Sq Ft: 457.18
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 864
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Slab
  • Design: Rancher
  • Dining Room: Informal
  • Kitchen Appliances: Blt in R/O
  • Primary Bedroom: 1st Flr

Exterior Features

  • Exterior: T-111
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating/Cooling: Elec
  • Power Company: Inland
  • Water Company: Well

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Cheney
  • Elementary School: Cheney
  • Middle School: Cheney
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Cheney

Lot Info

  • Acres Mol: 1.86
  • Estimated Lot Sq Ft: 81021
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 39
  • Loc Numberblks N S: 40
  • Lot Information: Treed, Level
  • Parcel Number: 25353.0611
  • Site Improvements: Septic Sys, Well Installed
  • Multiple Parcels: No

Tax Info

  • Taxes: 2143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 7, 2022
Sold by
Nisbet and Vicki
Bought by
Ellis Family Trust
Seller's Agent
Bob Travis
Windermere Manito, LLC
Buyer's Agent
Ken Husby
Professional Realty Services
List Price
$379,900
Sold Price
$395,000
Premium/Discount to List
$15,100
3.97%
Current Estimated Value
$405,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,095
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Feb 23, 2004
Sold by
Burke Michael V and Burke Kristine K
Bought by
Nisbet Tom H and Nisbet Vicki J
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
Ellis Family Trust $395,000 First American Title
Nisbet Tom H -- Spokane County Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $395,000 +4.0% $457 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $379,900 -- $440 / 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 $2,768 $287,000 $127,900 $159,100
2024 $2,768 $269,960 $109,460 $160,500
2023 $2,247 $274,860 $99,460 $175,400
2022 $2,144 $262,260 $99,460 $162,800
2021 $1,968 $167,400 $35,000 $132,400
2020 $1,908 $155,100 $35,000 $120,100
2019 $1,541 $131,800 $35,000 $96,800
2018 $1,629 $120,100 $35,000 $85,100
2017 $1,443 $116,700 $35,000 $81,700
2016 $1,395 $109,000 $35,000 $74,000
2015 $1,461 $109,800 $35,000 $74,800
2014 -- $109,800 $35,000 $74,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202211304

Spokane Association of REALTORS®

APN: 25353.0611