NOT LISTED FOR SALE

Estimated Value: $1,554,000 - $1,884,486

0.87 Acre
$1,962,638 Price per Acre
37,897 Sq Ft Lot

Last Sold May 12, 2014

Last sale price $177,500

Est. 862% increase in value since last sale

Current estimated payment $10,632/month

103 Days on Market

Highlights

  • Water Views
  • Oversized Lot
  • Cul-De-Sac
  • 0.87 Acre Lot

About This Lot

As of May 2014

The signature lot at Legacy Ridge in the “Estates”. This home site features THE “Legend Tree” see attached article. This home site features 270 degree views from Downtown Spokane to the Coeur d’Alene Mountain Range and stunning views of Liberty Lake mountains which make this an amazing place to build your custom home. One of the largest lots (0.87ac) in the development, it sits at the end of a private cul-de-sac and lends itself to a daylight walkout rancher or multi-story home to capture all of the panoram

Last Agent to Sell the Property

Rebecca Usai

John L Scott, Spokane Valley Brokerage Phone: 509-844-3737 License #104035 Listed on: 01/08/2014

John L Scott, Spokane Valley

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,523

Lot Details

  • 0.87 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Oversized Lot
  • Open Lot
  • Irregular Lot

Property Views

  • Water
  • Golf Course
  • City
  • Mountain

Utilities

  • Phone Available

Community Details

  • Legacy Ridge Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 55153.1002

Property Details

Property Type

Land

Est. Annual Taxes

$1,523

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views, Open Lot, Cul-De-Sac, Oversized Lot, Irregular Lot, Plan Unit Dev, CC & R
  • Lot Size Acres: 0.87
  • Road Frontage Type: Private Road, Paved Road
  • View Type:Pond View: City, Golf Course, Mountain(s), Water
  • Attribution Contact: Phone: 509-844-3737
  • Co List Office Phone: 509-924-4200
  • MLS Status: Sold
  • Subdivision Name: Legacy Ridge
  • Master Plan Zoning: R-1
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Natural Gas Available, Phn Av Prop L, Pwr Av Prop L, CTV Av Prop L, Underground Utilities
  • Sewer: Public Sewer
  • Water Source: Public, Available

Lot Info

  • Parcel Number: 55153.1002
  • Lot Size Sq Ft: 37680

Tax Info

  • Tax Annual Amount: 1522.69
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Apr 15, 2014
Sold by
Palmer James E and Palmer Sondra Lee
Bought by
Tan Living Trust and Tan Julie Anne
Seller's Agent
Rebecca Usai
John L Scott, Spokane Valley
Buyer's Agent
MISC MISC
NON MLS
List Price
$239,500
Sold Price
$177,500
Premium/Discount to List
-$62,000
-25.89%
Current Estimated Value
$1,707,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,529,995
Avg. Annual Appreciation
22.03%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Tan Living Trust $177,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Living Trust $1,000,000
Closed Tan Winston Lee $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2014 05/12/14 Sold $177,500 -25.9% --
04/21/2014 04/21/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $239,500 -- --
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 $15,934 $1,553,700 $356,500 $1,197,200
2024 $15,934 $1,558,700 $345,000 $1,213,700
2023 $13,067 $1,516,700 $330,000 $1,186,700
2022 $12,710 $1,426,800 $330,000 $1,096,800
2021 $11,372 $938,000 $190,000 $748,000
2020 $9,945 $836,300 $190,000 $646,300
2019 $8,760 $766,100 $150,000 $616,100
2018 $10,236 $743,600 $129,600 $614,000
2017 $9,726 $719,400 $129,600 $589,800
2016 $9,560 $687,300 $129,600 $557,700
2015 $1,540 $108,000 $108,000 $0
2014 -- $108,000 $108,000 $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: 201410585

Spokane Association of REALTORS®

APN: 55153.1002