$88,500
SOLD OCT 26, 2021

7516 N Walnut St Spokane, WA 99208

Five Mile Prairie Neighborhood
0.58 Acre
$152,586 Price per Acre
25,265 Sq Ft Lot

Recently Sold

49% Below List Price

160 Days on Market

Highlights

  • 0.58 Acre Lot
  • Territorial View
  • Oversized Lot
  • Prairie View Elementary School Rated A-

About This Lot

As of October 2021

Build your dream home in the desirable Panorama Terrance neighborhood. This is an oversized lot stretching from Walnut to Cedar with many possibilities. There is a choice of building envelopes. Option one provides the best view and is accessed from the top of the lot off of Walnut. The sewer easement requires the building envelope to be pushed to the northern edge of the ridge, potentially requiring a complete steel girder system. The second building envelope still captures very nice views to the North. Access is off of Cedar and would require a switchback driveway with the house sitting backed up to the lower aspect of the ridge.

Last Agent to Sell the Property

Elizabeth Boykin

Keller Williams Spokane - Main License #121821 Listed on: 04/01/2021

Keller Williams Spokane - Main

Last Buyer's Agent

Lacie Gimeno

Coldwell Banker Tomlinson License #129306

Coldwell Banker Tomlinson

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $538

Lot Details

  • 0.58 Acre Lot
  • Oversized Lot

Schools

  • Mead #354 Middle School
  • Mead High School

Additional Features

  • Territorial Views
  • Phone Available

Community Details

  • Panorama Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26251.0216

Property Details

Property Type

Land

Est. Annual Taxes

$538

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views, Oversized Lot, CC & R
  • Lot Size Acres: 0.58
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Subdivision Name: Panorama Terrace
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Natural Gas Available, Phn Av Prop L, Pwr Av Prop L, CTV Av Prop L
  • Sewer: Public Sewer, Sewer Available
  • Water Source: Public, Available

Schools

  • Elementary School: Prairie View
  • High School: Mead
  • Middle Or Junior School: Mead #354

Lot Info

  • Parcel Number: 26251.0216
  • Lot Size Sq Ft: 25106
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 537.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Oct 18, 2021
Sold by
Savvywisdom Llc
Bought by
Gomez Catalan Jose J and Goemz Catalan Brianna
Seller's Agent
Elizabeth Boykin
Keller Williams Spokane - Main
Buyer's Agent
Lacie Gimeno
Coldwell Banker Tomlinson
List Price
$175,000
Sold Price
$88,500
Premium/Discount to List
-$86,500
-49.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$70,800
Outstanding Balance
$64,982
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$38,068

Purchase Details

Listed on
Jan 22, 2021
Closed on
Jan 26, 2021
Sold by
Watts Darren and Philon Kersti
Bought by
Savvywisdom Llc
Seller's Agent
Elizabeth Boykin
Keller Williams Spokane - Main
Buyer's Agent
Elizabeth Boykin
Keller Williams Spokane - Main
List Price
$65,000
Sold Price
$72,000
Premium/Discount to List
$7,000
10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.66%

Purchase Details

Listed on
Dec 6, 2019
Closed on
Feb 26, 2020
Sold by
Stamper Randall L and Stamper Conni L
Bought by
Watts Darren and Philon Kersti
Seller's Agent
Todd Spencer
Coldwell Banker Tomlinson
Buyer's Agent
Elizabeth Boykin
Keller Williams Spokane - Main
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.01%
Original Mortgage
$37,500
Interest Rate
3.6%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $88,500 First American Title Ins Co
Warranty Deed $72,000 First American Title Ins Co
Warranty Deed $50,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,800 Purchase Money Mortgage
Previous Owner $37,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Price Changed $99,000 -2.9% --
04/01/2025 04/01/25 Price Changed $102,000 -15.0% --
03/14/2025 03/14/25 For Sale $120,000 +35.6% --
10/26/2021 10/26/21 Sold $88,500 -6.8% --
09/08/2021 09/08/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $95,000 -4.0% --
06/17/2021 06/17/21 Price Changed $99,000 -26.7% --
05/19/2021 05/19/21 Price Changed $135,000 -12.9% --
04/19/2021 04/19/21 Price Changed $155,000 -11.4% --
04/01/2021 04/01/21 For Sale $175,000 +143.1% --
02/01/2021 02/01/21 Sold $72,000 +10.8% --
01/25/2021 01/25/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $65,000 +30.0% --
02/28/2020 02/28/20 Sold $50,000 0.0% --
12/06/2019 12/06/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $50,000 -- --
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 $874 $97,500 $97,500 --
2024 $874 $88,500 $88,500 --
2023 $803 $88,500 $88,500 $0
2022 $708 $88,500 $88,500 $0
2021 $538 $48,750 $48,750 $0
2020 $643 $55,250 $55,250 $0
2019 $460 $40,500 $40,500 $0
2018 $537 $40,500 $40,500 $0
2017 $533 $40,500 $40,500 $0
2016 $553 $40,500 $40,500 $0
2015 $537 $40,500 $40,500 $0
2014 -- $40,500 $40,500 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2025

    Olivia Bone

    Keller Williams Spokane - Main

  • E

    Seller's Agent in 2021

    Elizabeth Boykin

    Keller Williams Spokane - Main

  • L

    Buyer's Agent in 2021

    Lacie Gimeno

    Coldwell Banker Tomlinson

  • T

    Seller's Agent in 2020

    Todd Spencer

    Coldwell Banker Tomlinson

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202113417

Spokane Association of REALTORS®

APN: 26251.0216

Washington Spokane County Spokane 99208 Five Mile Prairie

7516 N Walnut St, Spokane, WA

This home is located at 7516 N Walnut St, Spokane, WA 99208 and is currently priced at $88,500. 7516 N Walnut St is a home located in Spokane County with nearby schools including Prairie View 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.

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