NOT LISTED FOR SALE

508 E Elm Rd Spokane, WA 99218

Country Homes Neighborhood

Estimated Value: $335,000 - $359,000

3 Beds
1 Bath
1,400 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $265,000 $189 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,236/month

13 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Dining Room
  • Northwood Middle School Rated A-

About This Home

As of January 2021

This 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

Coldwell Banker Tomlinson

Last Buyer's Agent

Alana Madrano

Professional Realty Services License #136747

Professional Realty Services

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,600

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1943
  • Lvt Date: 11/13/2020
  • Common Interest Community: No
  • Geo Address Line: 508 E Elm Rd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/17/2020 1:22:26 AM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 1400
  • Price Per Sq Ft: 189.29
  • Number of Stories: 2
  • Bathrooms: 1
  • Bedrooms: 3
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full, Finished, Lndry
  • Basement: Yes
  • Basement Bedrooms: 1
  • Special Features: Wood Flr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, Refrig, Microwave, Washer, Dryer
  • Number of Family Rooms: 1
  • Stove: Gas

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C

Schools

  • School District: Mead

Lot Info

  • Acres Mol: 0.17
  • Estimated Lot Sq Ft: 7350
  • Lot Information: Fncd Bk Yd, Spr Sys
  • Parcel Number: 36173.0602
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

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
Current Estimated Value
$350,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,535
Avg. Annual Appreciation
5.78%
Original Mortgage
$215,710
Outstanding Balance
$193,808
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$148,618

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $3,600 $355,400 $75,000 $280,400
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

  • M

    Seller's Agent in 2021

    Manuel Salinas III

    Coldwell Banker Tomlinson

    Section Image

  • A

    Buyer's Agent in 2021

    Alana Madrano

    Professional Realty Services

    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202024863

Spokane Association of REALTORS®

APN: 36173.0602

Washington Spokane County Spokane 99218 Country Homes

508 E Elm Rd, Spokane, WA

This home is located at 508 E Elm Rd, Spokane, WA 99218 since 13 November 2020 and is currently estimated at $348,456, approximately $248 per square foot. This property was built in 1943. 508 E Elm Rd is a home located in Spokane County with nearby schools including Evergreen Elementary School, Northwood Middle School, and Mead Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes