$350,000
SOLD DEC 5, 2024

515 S Silver Lake Ave Medical Lake, WA 99022

3 Beds
2 Baths
1,456 Sq Ft
0.25 Acres

Recently Sold

$240 Per Sq Ft

1% Above List Price

23 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Yard
  • Landscaped with Trees
  • No HOA
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of December 2024

Great home on a quiet street in Medical Lake. Estate sale, and the family has done some painting, changing of fixtures, etc. New fridge and stove. It is all about the quiet area for this home! Huge backyard backing up to approximately 265 acres owned by Eastern Washington Bible Camp. Seller says that the town of Medical Lake has first option to purchase the ground if the camp ever sells.

Last Agent to Sell the Property

Randy Wells

Windermere City Group License #40391 Listed on: 09/17/2024

Windermere City Group

Last Buyer's Agent

Kevin Russell

Kelly Right Real Estate of Spokane License #52425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $620

Year Built

  • Built in 1986

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,456 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Utility Room

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Medical Lake Middle School
  • Medical Lk High School

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 14173.2902

Home Details

Home Type

Single Family

Est. Annual Taxes

$620

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1986
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Treed
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck
  • Co List Office Phone: (509) 323-2323
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Reso Interior Features: Utility Room, Alum Wn Fr
  • New Construction: No
  • Reso Structure Type: Two Story
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Built-In Range/Oven, Dishwasher, Refrigerator
  • Basement YN: No
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Site

Utilities

  • Heating: Electric, Baseboard

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Medical Lake
  • High School: Medical Lk
  • Middle Or Junior School: Medical Lake

Lot Info

  • Parcel Number: 14173.2902
  • Lot Size Sq Ft: 10990
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 620
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Nov 25, 2024
Sold by
Reis Barbara J and Zapp Michelle
Bought by
Brown Dylan and Brown Makayla
Seller's Agent
Randy Wells
Windermere City Group
Buyer's Agent
Kevin Russell
Kelly Right Real Estate of Spokane
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Views
69
Current Estimated Value
$355,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,120
Avg. Annual Appreciation
1.88%
Original Mortgage
$339,500
Outstanding Balance
$336,699
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$18,421

Purchase Details

Closed on
Oct 3, 2018
Sold by
Reis Francis F
Bought by
Reis Barbara J and Reis Francis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,730
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $350,000 None Listed On Document
Warranty Deed $350,000 None Listed On Document
Interfamily Deed Transfer -- Amrock
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $339,500 New Conventional
Closed $339,500 New Conventional
Previous Owner $495,000 Credit Line Revolving
Previous Owner $155,730 New Conventional
Previous Owner $156,000 Unknown
Previous Owner $17,000 Stand Alone Second
Previous Owner $138,400 Unknown
Previous Owner $29,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $350,000 +1.4% $240 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $345,000 -- $237 / 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 $3,146 $331,600 $80,000 $251,600
2024 $3,146 $202,200 $70,000 $132,200
2023 $344 $339,600 $70,000 $269,600
2022 $426 $329,600 $60,000 $269,600
2021 $436 $227,400 $34,000 $193,400
2020 $396 $173,100 $30,000 $143,100
2019 $378 $153,300 $30,000 $123,300
2018 $397 $140,900 $28,000 $112,900
2017 $1,508 $136,900 $28,000 $108,900
2016 $315 $133,700 $28,000 $105,700
2015 $452 $125,200 $28,000 $97,200
2014 -- $125,200 $28,000 $97,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202423037

Spokane Association of REALTORS®

APN: 14173.2902