NOT LISTED FOR SALE

Estimated Value: $962,000 - $1,058,000

4 Beds
4 Baths
4,655 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $457,000 $98 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $6,455/month

139 Days on Market

Highlights

  • City View
  • Separate Formal Living Room
  • Den
  • Moran Prairie Elementary School Rated A-
  • Great Room
  • Formal Dining Room

About This Home

As of May 2013

VIEWS VIEWS AND MORE VIEWS! This daylight rancher offers the perfect hideaway! Enjoy a large designer kitchen, hardwood floors & main floor top of the line master suite. Finished lower level has 2 family rooms plus a theater room. Space to expand into the unfinished 2nd lower level. Enjoy executive layout perfect for entertaining. Bring your creativity for this unfinished space or enjoy the BEST of VIEWS in Spokane!!

Last Listed By

Melissa Murphy

Prime Real Estate Group License #24076 Listed on: 11/29/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,140

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Sprinkler System
  • Hillside Location

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Stone Exterior Construction
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Separate Formal Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Basement with some natural light

Home Security

  • Home Security System
  • Security Lights

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Moran Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34022.4702

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,140

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Excluded Items: Washer & Dryer
  • Style Of Construction: 1 Story
  • Year Built: 1998
  • Geo Address Line: 5524 S Southview Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/8/2013 7:17:19 PM
  • Geo Zoom Level: 16
  • Sr High: Ferris
  • Jr High: Chase
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number of Stories: 1
  • Bathrooms: 4
  • Bedrooms: 4
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2.5
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Unfinished, Daylight, Fam/Rec Rm, Outside Entr
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Special Features: Mn Flr Util, Wood Flr, Cath Cling, Nat Wdwrk, Bay Wind, Wood Wn Fr
  • Design: Rancher
  • Dining Room: Formal, Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Outside Ent, Great room, Formal LR, Den or Office
  • Features: Sec Lights, Sec Alarm, Breakers, 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Grll Top Rng, Dbl Ovens, D/W, Trash Comp, Microwave, Kit Island
  • Primary Bedroom: Full Bath, Dbl Sinks, Garden Tub
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Stone, Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Off St Prkg
  • Garage Size: 3

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable TV, Gas Hot Wtr

Schools

  • School District: Spokane Dist 81
  • Elementary School: Moran
  • Middle School: Chase
  • High School: Ferris
  • School District: Spokane Dist 81
  • Elementary School: Moran

Lot Info

  • Acres Mol: 0.34
  • Estimated Lot Sq Ft: 15007
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 52
  • Loc Numberblks N S: 55
  • Lot Information: View, Fncd Bk Yd, Spr Sys, Hillside, Culdesac
  • Lot View: City, Territorial
  • Parcel Number: 34022.4702
  • Site Improvements: Pub Sewer

Tax Info

  • Tax Database Id: 1
  • Taxes: 5140
  • Assessor Parcel Number: 34022.4702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2012
Closed on
May 1, 2013
Sold by
Cohen Lawrence J and Cohen Virginia V
Bought by
Palm James G and Palm Susan M
Seller's Agent
Melissa Murphy
Prime Real Estate Group
Buyer's Agent
Ned Duffy
Kelly Right Real Estate of Spokane
List Price
$475,000
Sold Price
$457,000
Premium/Discount to List
-$18,000
-3.79%
Total Days on Market
139
Current Estimated Value
$1,014,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,962
Avg. Annual Appreciation
6.83%
Original Mortgage
$411,300
Outstanding Balance
$285,093
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$729,869

Purchase Details

Closed on
May 10, 1999
Sold by
Paras Construction Inc
Bought by
Hunton Edward A and Hunton Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 8, 1998
Sold by
Glenmaire Investment Company
Bought by
Paras Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.17%

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
Palm James G $457,280 First American Title Ins Co
Hunton Edward A $367,500 Pacific Nw Title
Paras Construction Inc -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm James G $411,300
Previous Owner Cohen Lawrence J $251,720
Previous Owner Cohen Lawrence J $288,000
Previous Owner Hunton Edward A $294,000
Previous Owner Paras Construction Inc $288,000
Closed Cohen Lawrence J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2013 05/07/13 Sold $457,000 -3.8% $98 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $475,000 -- $102 / 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
2024 $9,283 $899,100 $180,000 $719,100
2023 $8,954 $923,800 $198,000 $725,800
2022 $8,116 $890,200 $198,000 $692,200
2021 $7,332 $605,000 $104,500 $500,500
2020 $7,109 $564,800 $104,500 $460,300
2019 $6,686 $541,500 $104,500 $437,000
2018 $6,943 $479,200 $85,000 $394,200
2017 $6,493 $452,900 $85,000 $367,900
2016 $6,628 $454,100 $85,000 $369,100
2015 $6,113 $422,900 $85,000 $337,900
2014 -- $332,000 $85,000 $247,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201225265

Spokane Association of REALTORS®

APN: 34022.4702