NOT LISTED FOR SALE

Estimated Value: $658,000 - $888,007

2.83 Acres
$270,230 Price per Acre
123,275 Sq Ft Lot

Last Sold January 29, 2018

Last sale price $125,000 $27 Per Sq Ft

Est. 511% increase in value since last sale

Current estimated payment $4,838/month

42 Days on Market

Highlights

  • 2.83 Acre Lot
  • Secluded Lot
  • Landscaped with Trees
  • Property is near public transit

About This Lot

As of January 2018

Incredible opportunities like this don't come very often! This 2.8 acre parcel is ready to go with a well, septic, gated - paved driveway, power, and level building site. NO HOA's! Great privacy AND only minutes to Freeway, Downtown Spokane, Airport, Fairchild Airforce Base, Cheney, Riverside State Park, and Indian Canyon Golf Course. Property clean up underway - call for details.

Last Agent to Sell the Property

Jennifer Clemens

Keller Williams Spokane - Main License #23035852 Listed on: 11/16/2017

Keller Williams Spokane - Main

Last Buyer's Agent

Joel Oakland

REAL Broker LLC License #125725

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,841

Lot Details

  • 2.83 Acre Lot
  • Secluded Lot
  • Oversized Lot
  • Landscaped with Trees

Location

  • Property is near public transit

Utilities

  • Well
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 25224.0308

Property Details

Property Type

Land

Est. Annual Taxes

$7,841

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Treed, Secluded, City Bus (w/in 6 blks), Oversized Lot
  • Lot Size Acres: 2.83
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Phn Av Prop L, Pwr Av Prop L
  • Sewer: Septic Installed, See Remarks
  • Water Source: Well, See Remarks

Schools

  • Elementary School: Buyer to Verify
  • Middle Or Junior School: Buyer to Verify

Lot Info

  • Parcel Number: 25224.0308
  • Lot Size Sq Ft: 121968

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Jan 22, 2018
Sold by
Story Isaac B and Story Brooke M
Bought by
Wheeler Beet and Wheeler Jill
Seller's Agent
Jennifer Clemens
Keller Williams Spokane - Main
Buyer's Agent
Joel Oakland
REAL Broker LLC
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$764,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,297
Avg. Annual Appreciation
27.37%

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jul 10, 2014
Sold by
Alsbrooks Heidi L Lestyan and Alsbrooks John G
Bought by
Story Isaac B and Story Brooke M
Seller's Agent
Erik Mortvedt
Coldwell Banker Tomlinson
Buyer's Agent
Laura Beckman
Coldwell Banker Schneidmiller
List Price
$439,900
Sold Price
$435,000
Premium/Discount to List
-$4,900
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.83%
Original Mortgage
$391,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Newlun Neil M and Newlun Deanne M
Bought by
Alsbrooks Heidi L Lestyan and Alsbrooks John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2003
Sold by
Mcvicars Robert D and Mcvicars Sue E
Bought by
Newlun Neil M and Newlun Deanne M

Purchase Details

Closed on
Mar 1, 1998
Sold by
Canyon Greens Llc
Bought by
Mcvicars Robert D and Mcvicars Sue E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Wheeler Beet $125,000 First Amer Title Ins Co
Story Isaac B $435,000 First American Title Ins Co
Alsbrooks Heidi L Lestyan $385,280 Pacific Northwest Title
Newlun Neil M $310,000 First American Title Ins
Mcvicars Robert D $31,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Bret $312,000
Open Wheeler Bret $672,000
Previous Owner Story Isaac B $388,300
Previous Owner Story Isaac B $391,500
Previous Owner Alsbrooks Heidi L Lestyan $265,000
Previous Owner Mcvicars Robert D $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $125,000 -10.7% $27 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $140,000 -67.8% $30 / Sq Ft
07/24/2014 07/24/14 Sold $435,000 -1.1% $109 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $439,900 -- $110 / 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 $7,841 $820,200 $151,000 $669,200
2024 $7,841 $776,100 $126,000 $650,100
2023 $6,580 $781,000 $126,000 $655,000
2022 $6,390 $781,000 $126,000 $655,000
2021 $6,290 $544,700 $91,000 $453,700
2020 $1,544 $124,700 $124,700 $0
2019 $1,308 $111,800 $111,800 $0
2018 $1,172 $86,000 $86,000 $0
2017 $5,319 $435,000 $117,000 $318,000
2016 $5,279 $417,400 $117,000 $300,400
2015 $4,798 $364,100 $117,000 $247,100
2014 -- $364,100 $117,000 $247,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201727385

Spokane Association of REALTORS®

APN: 25224.0308