$300,000
SOLD JAN 10, 2025

603 E Lake St Medical Lake, WA 99022

4 Beds
2 Baths
1,758 Sq Ft
6,200 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

17% Below List Price

84 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Shed
  • Corner Lot
  • Tankless Water Heater
  • Forced Air Heating System

About This Home

As of January 2025

Clean, Move-in Ready, Quiet Small Town Living.... 4 bed/2 bath home.. Newer High Eff Gas Furnace and Newer On Demand water heater. Updated vinyl framed windows. Corner lot. EZ access to I-90, FAFB, Airport and All Amenities ... only 15 minutes to Spokane. All appliances stay. Estate sale... Rough-in family room in basement. Great equity potential with this home...

Last Agent to Sell the Property

Tom Clark

Coldwell Banker Tomlinson License #30836 Listed on: 08/26/2024

Coldwell Banker Tomlinson

Last Buyer's Agent

Jill Connelly-Olson

Kelly Right Real Estate of Spokane License #73292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1979

Lot Details

  • 6,200 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Siding

Interior Spaces

  • 1,758 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Medical Lake Middle School
  • Medical Lk High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Medical Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14181.2209

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Level, Corner Lot
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Tankless Water Heater
  • Co List Office Phone: (509) 413-1956
  • MLS Status: Sold
  • Subdivision Name: Medical Lake
  • Architectural Style: Contemporary
  • Reso Interior Features: Vinyl
  • New Construction: No
  • Reso Structure Type: Split Entry
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: See Remarks, Hi Eff Furn (>90%)
  • Heating: Gas Hot Air Furnace, Forced Air, See Remarks, Hi Eff Furn (>90%)

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 14181.2209
  • Lot Size Sq Ft: 6200
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Jan 9, 2025
Sold by
Ramsey Wendy M and Ramsey Patrick D
Bought by
Horne David Dean and Horne Rielly Erin
Seller's Agent
Tom Clark
Coldwell Banker Tomlinson
Buyer's Agent
Jill Connelly-Olson
Kelly Right Real Estate of Spokane
List Price
$360,000
Sold Price
$300,000
Premium/Discount to List
-$60,000
-16.67%
Views
74
Current Estimated Value
$313,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,652
Avg. Annual Appreciation
6.89%
Original Mortgage
$294,566
Outstanding Balance
$293,298
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$20,615

Purchase Details

Closed on
Apr 27, 2021
Sold by
Ramsey Janet R
Bought by
Ramsey Patrick D and Ramsey Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3%
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 $300,000 Vista Title
Warranty Deed $300,000 Vista Title
Interfamily Deed Transfer -- Spokane County Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,566 FHA
Closed $294,566 FHA
Previous Owner $75,000 New Conventional
Previous Owner $9,500 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $300,000 0.0% $171 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $300,000 -14.3% $171 / Sq Ft
10/10/2024 10/10/24 Price Changed $350,000 -2.8% $199 / Sq Ft
08/26/2024 08/26/24 For Sale $360,000 -- $205 / 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 $2,628 $272,400 $70,000 $202,400
2024 $2,628 $281,300 $70,000 $211,300
2023 $2,198 $276,300 $65,000 $211,300
2022 $150 $261,200 $60,000 $201,200
2021 $156 $188,600 $25,000 $163,600
2020 $141 $165,200 $25,000 $140,200
2019 $138 $146,000 $25,000 $121,000
2018 $145 $122,000 $25,000 $97,000
2017 $154 $114,100 $25,000 $89,100
2016 $159 $111,100 $25,000 $86,100
2015 $235 $111,100 $25,000 $86,100
2014 -- $111,100 $25,000 $86,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202421881

Spokane Association of REALTORS®

APN: 14181.2209