NOT LISTED FOR SALE

501 N Ridgemont Ln Spokane Valley, WA 99037

Estimated Value: $500,000 - $770,411

3 Beds
2 Baths
1,832 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $525,000 $287 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,188/month

Highlights

  • RV Access or Parking
  • Territorial View
  • Double Oven
  • 0.63 Acre Lot
  • Solid Surface Countertops
  • Oversized Lot

About This Home

As of October 2020

PBL

Last Agent to Sell the Property

Steve Jones

Windermere Valley License #121627 Listed on: 09/21/2020

Windermere Valley

Last Buyer's Agent

Brenda McKinley

Windermere Valley License #129183

Windermere Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,838

Year Built

  • Built in 2017

Lot Details

  • 0.63 Acre Lot
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 1,832 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • The community has rules related to covenants, conditions, and restrictions
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 45134.3403

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,838

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Paved, Pvt Rd
  • Class: Residential
  • Excluded Items: Garage/Shop Fridge & Freezer, Washer/Dryer
  • Style Of Construction: 1 Story
  • Year Built: 2017
  • Lvt Date: 09/21/2020
  • Common Interest Community: No
  • Geo Address Line: 501 N Ridgemont Ln
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/21/2020 5:52:14 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 1832
  • Price Per Sq Ft: 286.57
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1832
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Special Features: Mn Flr Util, Cath Cling, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Eat Bar, Informal
  • Fireplace: Gas
  • Kitchen Appliances: Gas Rng, Dbl Ovens, D/W, Refrig, Disposal, Microwave, Pantry, Kit Island, Hrd Surface Counters
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Fiber Cement
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking, Shop Area, Opener, Off St Prkg, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Vera
  • Water Company: Vera

Condo/Co-op/Association

  • Amenities: Patio, Gas Hot Wtr

Schools

  • School District: Central Valley
  • Elementary School: Progress
  • Middle School: Greenacres
  • High School: Central Valley

Lot Info

  • Acres Mol: 0.63
  • Estimated Lot Sq Ft: 27632
  • Loc Dir E W: E
  • Loc Numberblk E W: 168
  • Loc Numberblks N S: 5
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Open, Oversized, CC & R
  • Lot View: Territorial
  • Parcel Number: 45134.3403
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 4838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Sep 17, 2020
Sold by
Smith Jason and Smith Lorri
Bought by
Ingalls John and Ingalls Makayla
Seller's Agent
Steve Jones
Windermere Valley
Buyer's Agent
Brenda McKinley
Windermere Valley
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$652,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,853
Avg. Annual Appreciation
5.01%
Original Mortgage
$472,500
Outstanding Balance
$421,212
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$245,976

Purchase Details

Closed on
Oct 11, 2017
Sold by
Cjb Group Llc
Bought by
Smith Jason and Smith Lorri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,370
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2016
Closed on
Jan 25, 2017
Sold by
Air Patrol Investments Llc
Bought by
Cjb Group Llc
Seller's Agent
Zac Scott
Avalon 24 Real Estate
Buyer's Agent
Steve Jones
Windermere Valley
List Price
$309,900
Sold Price
$367,758
Premium/Discount to List
$57,858
18.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$241,867
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ingalls John $525,000 First American Title
Smith Jason $367,757 First American Title
Cjb Group Llc $74,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingalls John $472,500
Previous Owner Smith Jason $55,000
Previous Owner Smith Jason $343,000
Previous Owner Smith Jason $349,370
Previous Owner Cjb Group Llc $241,867
Previous Owner Cjb Group Llc $37,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $525,000 0.0% $287 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $525,000 +42.8% $287 / Sq Ft
03/02/2017 03/02/17 Sold $367,758 +18.7% $210 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
10/12/2016 10/12/16 For Sale $309,900 -- $177 / 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 $7,567 $709,200 $107,000 $602,200
2024 $7,567 $716,700 $96,000 $620,700
2023 $6,214 $719,900 $96,000 $623,900
2022 $5,722 $655,900 $96,000 $559,900
2021 $5,515 $444,700 $66,000 $378,700
2020 $4,838 $396,100 $66,000 $330,100
2019 $4,293 $366,900 $57,600 $309,300
2018 $4,425 $314,100 $57,600 $256,500
2017 $764 $54,000 $54,000 $0
2016 -- $16,960 $16,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202022470

Spokane Association of REALTORS®

APN: 45134.3403