NOT LISTED FOR SALE

503 W Meadow Ridge Ln Spokane, WA 99208

Estimated Value: $751,000 - $964,250

3 Beds
3 Baths
3,337 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $1,000,000 $300 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $5,282/month

58 Days on Market

Highlights

  • Territorial View
  • 2 Fireplaces
  • Solid Surface Countertops
  • Northwood Middle School Rated A-
  • Separate Formal Living Room
  • Den

About This Home

As of May 2023

Stunning one level home on 1.12 acre lot hidden in an exclusive gated community. Only 5-6 residents, in the Mead schools & just minutes to Whitworth College, St George's, Costco & Kalispel Country Club! This approx 3400 sq ft, 3 bed, 3 bath rancher sits on a park-like property with views of the Little Spokane River Valley in its backdrop and gorgeous sunsets to the west! High quality construction throughout, Anderson windows, wood floors & an open great room plan with tons of natural light! Updated kitchen w/ granite counters, Island, double ovens, eating space, large pantry, vaulted ceilings & adjoining family room with gas fireplace. Master suite with walk-in closets, double sinks & walk-in shower. Oversized sunken living room with fireplace. Spacious laundry room w/bonus space. Multi teared deck out back is incredible for entertaining or just enjoy the amazing territorial views of painted rocks hiking area. 3 car attached garage w/ bonus shop space and lots of extra built-in storage!

Last Agent to Sell the Property

Jack Morse

Windermere North License #24465 Listed on: 11/08/2022

Last Buyer's Agent

Jack Morse

Windermere North License #24465 Listed on: 11/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,570

Year Built

  • Built in 1983

Lot Details

  • 1.12 Acre Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Stone Exterior Construction
  • Hardboard

Interior Spaces

  • 3,337 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Den
  • Territorial Views

Kitchen

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

Bedrooms and Bathrooms

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Schools

  • Verify Elementary School
  • Northwood Middle School
  • Mead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 36064.9135

Community Details

Overview

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

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,570

Year Built

Built in 1983

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1983
  • Lvt Date: 11/08/2022
  • Common Interest Community: No
  • Geo Address Line: 503 W Meadow Ridge Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/8/2022 7:00:46 PM
  • Geo Zoom Level: 15
  • Sr High: Mead
  • Jr High: Northwood
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3337
  • Price Per Sq Ft: 299.67
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 3337
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 3
  • First Floor Family Room: 2
  • First Floor Fireplace: 2
  • Special Features: Mn Flr Util, Wood Flr, Cath Cling, Wood Wn Fr
  • Design: Rancher
  • Family/Recreation Room: 1st Flr, Off Kit, Formal LR, Den or Office
  • Features: Breakers, 200 AMP
  • Fireplace: Gas, Wood
  • 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 Family Rooms: 2
  • Number of Fireplaces: 2

Exterior Features

  • Exterior: Stn Accent, Hardboard, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 3

Utilities

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

Condo/Co-op/Association

  • Amenities: Deck, Patio

Schools

  • School District: Mead
  • Elementary School: verify
  • Middle School: Northwood
  • High School: Mead
  • School District: Mead
  • Elementary School: verify

Lot Info

  • Acres Mol: 1.12
  • Estimated Lot Sq Ft: 48787
  • Loc Dir E W: W
  • Loc Numberblk E W: 5
  • Loc Numberblks N S: 130
  • Lot Information: View, Spr Sys, Treed, Level, Oversized, CC & R
  • Lot View: Territorial
  • Monthly Assessment: 50
  • Parcel Number: 36064.9135
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 6570
  • Assessor Parcel Number: 36064.9135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
May 2, 2023
Sold by
Bouten Frank J and Bouten Sharon L
Bought by
Strahl Robert Js and Strahl Shannon B
Seller's Agent
Jack Morse
Windermere North
Buyer's Agent
Jack Morse
Windermere North
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Views
45
Current Estimated Value
$843,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,437
Avg. Annual Appreciation
-6.71%

Purchase Details

Closed on
Apr 25, 2016
Sold by
Bouten Frank J and Bouten Sharon L
Bought by
Bouten Frank J and Bouten Sharon L

Purchase Details

Closed on
Apr 12, 2016
Sold by
Bouten William O
Bought by
Bouten William O and Bouten Joseph M

Purchase Details

Closed on
Mar 25, 2016
Sold by
Bouten Joseph M
Bought by
Bouten Sharon L

Purchase Details

Closed on
Mar 21, 2016
Sold by
Bouten Jeanne M
Bought by
Bouten Sharon L

Purchase Details

Closed on
Mar 19, 2016
Sold by
Bouten William O
Bought by
Bouten Sharon L

Purchase Details

Closed on
Mar 9, 2016
Sold by
Bouten Timothy M
Bought by
Bouten Sharon L

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bouten Frank J and Bouten Sharon L
Bought by
Bouten Frank J and Bouten Sharon L
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
Strahl Robert Js -- First American Title Insurance
Bouten Frank J -- None Available
Bouten William O -- None Available
Bouten Sharon L -- None Available
Bouten Frank J -- None Available
Bouten Sharon L -- None Available
Bouten Frank J -- None Available
Bouten Sharon L -- None Available
Bouten Frank J -- None Available
Bouten Frank J -- None Available
Bouten William O -- None Available
Bouten Sharon L -- None Available
Bouten Frank J -- --
Bouten Sharon L -- --
Bouten Frank J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $1,000,000 -13.0% $300 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $1,150,000 -- $345 / 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 $9,116 $932,920 $206,920 $726,000
2024 $9,116 $896,800 $196,800 $700,000
2023 $6,522 $668,640 $170,840 $497,800
2022 $6,522 $706,540 $170,840 $535,700
2021 $6,122 $534,240 $130,840 $403,400
2020 $5,844 $486,140 $125,840 $360,300
2019 $5,460 $459,510 $115,010 $344,500
2018 $5,740 $411,760 $88,760 $323,000
2017 $5,413 $390,160 $88,760 $301,400
2016 $4,788 $335,340 $65,940 $269,400
2015 $4,501 $322,540 $65,940 $256,600
2014 -- $341,640 $65,940 $275,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202225136

Spokane Association of REALTORS®

APN: 36064.9135