NOT LISTED FOR SALE

7405 N Adams Rd Spokane, WA 99217

Estimated Value: $535,000 - $743,000

4.77 Acres
$140,949 Price per Acre
207,781 Sq Ft Lot

Last Sold November 23, 2016

Last sale price $125,000

Est. 438% increase in value since last sale

Current estimated payment $4,200/month

128 Days on Market

About This Lot

As of November 2016

Amazing East Valley Parcel. This five acre (MOL) is heavily treed and very flat. Property has power on site, well on site, and a HUGE pond. Several outbuildings already occupy the property. Once had a home on it but has been removed. County records show a septic field, buyer to verify. Well has not been tested. Property is gated on the front and mostly fenced around the perimeter. Feels very private when you're on the property. Has a variety of expensive trees all around. Don't miss this!

Last Agent to Sell the Property

Brandon Marchand

Keller Williams Spokane - Main License #23628 Listed on: 05/19/2016

Keller Williams Spokane - Main

Last Buyer's Agent

Cindy Carrigan

REAL Broker LLC License #21027304

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $709

Lot Details

  • 4.77

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Well
  • Sewer Not Available

Additional Features

  • 4.77 Acre Lot
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 46262.9085

Property Details

Property Type

Land

Est. Annual Taxes

$709

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Treed, Level, Secluded, Open Lot, Fencing
  • Lot Size Acres: 4.77
  • Road Frontage Type: City Street, Gravel
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Other Structures: Shed(s), See Remarks

Utilities

  • Utilities: Power, See Remarks
  • Sewer: None
  • Water Source: Well

Schools

  • Elementary School: Otis Orchards
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 46262.9085
  • Lot Size Sq Ft: 207781

Tax Info

  • Tax Annual Amount: 708.89
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Nov 16, 2016
Sold by
Strong Michael M and Strong Janice L
Bought by
Adams Ray C and Adams Brenda J
Seller's Agent
Brandon Marchand
Keller Williams Spokane - Main
Buyer's Agent
Cindy Carrigan
REAL Broker LLC
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%
Current Estimated Value
$672,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,325
Avg. Annual Appreciation
22.35%
Original Mortgage
$93,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2013
Sold by
Benton William V
Bought by
Strong Michael M and Strong Janice L
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Adams Ray C $125,000 First American Title Ins Co
Strong Michael M $55,520 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Ryan C $350,091
Closed Adams Ray C $350,800
Closed Adams Ray C $358,500
Closed Adams Ray C $370,500
Closed Adams Ray C $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $125,000 -3.1% --
09/24/2016 09/24/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $129,000 -- --
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 $5,839 $616,740 $182,940 $433,800
2024 $5,839 $648,380 $200,480 $447,900
2023 $5,731 $641,570 $181,170 $460,400
2022 $5,663 $635,800 $175,400 $460,400
2021 $4,801 $411,640 $80,440 $331,200
2020 $4,495 $368,930 $80,130 $288,800
2019 $3,040 $248,040 $55,240 $192,800
2018 $3,080 $234,440 $55,240 $179,200
2017 $803 $57,240 $55,240 $2,000
2016 $785 $57,140 $55,240 $1,900
2015 $831 $58,140 $55,240 $2,900
2014 -- $94,040 $55,240 $38,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Marchand

    Seller's Agent in 2016

    Brandon Marchand

    Keller Williams Spokane - Main

    (509) 991-6146

    514 Total Sales

    Brandon Marchand
    Section Image
  • Cindy Carrigan

    Buyer's Agent in 2016

    Cindy Carrigan

    REAL Broker LLC

    (509) 844-3664

    369 Total Sales

    Cindy Carrigan
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201617911

Spokane Association of REALTORS®

APN: 46262.9085

Washington Spokane County Spokane 99217

7405 N Adams Rd, Spokane, WA

This home is located at 7405 N Adams Rd, Spokane, WA 99217 since 19 May 2016 and is currently estimated at $672,325. 7405 N Adams Rd is a home located in Spokane County with nearby schools including Otis Orchards School, East Valley Middle School, and East Valley High School & Extension.

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.

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