508 E Elm Rd Spokane, WA 99218
Country Homes NeighborhoodEstimated Value: $326,487 - $376,000
3
Beds
1
Bath
1,400
Sq Ft
$247/Sq Ft
Est. Value
Highlights
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
- Dining Room
- Northwood Middle School Rated A-
About This Home
As of January 2021This is the home you've been looking for, location is everything and and in mead school district, this upgraded rancher's got it all. Quiet neighborhood with a private feel yet close to shopping and transportation. Perfect for working from home or remote school learning. With a spacious, fully finished basement with 3rd bedroom and egress window all appliances including washer and dryer are included in sale as well. It has a huge backyard with a detached garage, its a great place to relax or entertain family and friends. Don't miss out on this beautiful home!
Last Agent to Sell the Property
Manuel Salinas III
Coldwell Banker Tomlinson License #140692 Listed on: 11/13/2020
Last Buyer's Agent
Alana Madrano
Professional Realty Services License #136747
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,600
Year Built
- Built in 1943
Lot Details
- 7,350 Sq Ft Lot
- Back Yard Fenced
- Sprinkler System
Parking
- 1 Car Detached Garage
Home Design
- Composition Roof
- Hardboard
Interior Spaces
- 1,400 Sq Ft Home
- 2-Story Property
- Dining Room
Kitchen
- Stove
- Gas Range
- Free-Standing Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number 36173.0602
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2020
Closed on
Jan 5, 2021
Sold by
Lyman Jared
Bought by
Lane Richard Thomas
Seller's Agent
Manuel Salinas III
Coldwell Banker Tomlinson
Buyer's Agent
Alana Madrano
Professional Realty Services
List Price
$265,000
Sold Price
$265,000
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,122
Avg. Annual Appreciation
6.24%
Original Mortgage
$215,710
Outstanding Balance
$194,682
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$151,440
Purchase Details
Closed on
Nov 12, 2009
Sold by
Masters Raymond L and Masters Rhiannon E
Bought by
Lyman Jared
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,320
Interest Rate
4.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2007
Sold by
Giessen David C and Giessen Nancy J
Bought by
Masters Raymond L and Masters Rhiannon E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 22, 2005
Sold by
Saunders Larry and Saunders Marilyn K
Bought by
Masters Raymond L and Masters Rhiannon E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,810
Interest Rate
5.73%
Mortgage Type
FHA
Similar Homes in Spokane, WA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lane Richard Thomas | $265,000 | Vista Title & Escrow | |
| Lyman Jared | $122,900 | First American Title Ins Co | |
| Masters Raymond L | -- | Transnation Title Ins Co | |
| Masters Raymond L | $77,000 | Pacific Nw Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lane Richard Thomas | $215,710 | |
| Closed | Lane Richard Thomas | $215,710 | |
| Previous Owner | Lyman Jared | $98,320 | |
| Previous Owner | Masters Raymond L | $91,000 | |
| Previous Owner | Masters Raymond L | $80,000 | |
| Previous Owner | Masters Raymond L | $75,810 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/11/2021 01/11/21 | Sold | $265,000 | 0.0% | $189 / Sq Ft |
| 11/26/2020 11/26/20 | Pending | -- | -- | -- |
| 11/13/2020 11/13/20 | For Sale | $265,000 | -- | $189 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,600 | $351,000 | $70,000 | $281,000 |
| 2023 | $2,939 | $336,300 | $60,000 | $276,300 |
| 2022 | $2,824 | $315,500 | $55,000 | $260,500 |
| 2021 | $2,109 | $181,300 | $45,000 | $136,300 |
| 2020 | $1,934 | $158,200 | $45,000 | $113,200 |
| 2019 | $1,691 | $139,800 | $35,000 | $104,800 |
| 2018 | $1,792 | $126,400 | $35,000 | $91,400 |
| 2017 | $1,672 | $118,400 | $35,000 | $83,400 |
| 2016 | $1,727 | $119,000 | $35,000 | $84,000 |
| 2015 | $1,688 | $119,000 | $35,000 | $84,000 |
| 2014 | -- | $108,400 | $35,000 | $73,400 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Manuel Salinas III
Coldwell Banker Tomlinson
(408) 791-5428
-
Buyer's Agent in 2021
Alana Madrano
Professional Realty Services
(509) 730-4822
Map
Source: Spokane Association of REALTORS®
MLS Number: 202024863
APN: 36173.0602
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Information is deemed reliable but not guaranteed.
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