NOT LISTED FOR SALE

8401 N Palm Place Spokane, WA 99208

Five Mile Prairie Neighborhood

Estimated Value: $461,000 - $490,000

4 Beds
2 Baths
2,264 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $464,000 $205 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,956/month

30 Days on Market

Highlights

  • 2 Car Attached Garage
  • Building Patio
  • Forced Air Heating and Cooling System
  • Prairie View Elementary School Rated A-
  • Walk-In Closet
  • Dining Room

About This Home

As of July 2022

This immaculate Five Mile beauty sits in a prime, sought after location on a generous lot nestled up to green space and no neighbors to the south. Features include a gas fireplace, utilities which are conveniently located on the main floor as well as stainless steel appliances. Other features include the oversize 2 car garage which includes the spacious attached storage room. This 4 bdrm/ 2 bath is roughed in for a 3rd bathroom downstairs. Home is lovingly cared for and ready for it’s next owner!

Last Agent to Sell the Property

Lisa Dillon

Coldwell Banker Schneidmiller License #115761 Listed on: 05/17/2022

Last Buyer's Agent

Rich King

Keller Williams Spokane - Main License #128097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,002

Year Built

  • Built in 2007

Lot Details

  • 9,583 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Composition Roof
  • T111 Siding
  • Hardboard

Interior Spaces

  • 2,264 Sq Ft Home
  • Gas Fireplace
  • Dining Room

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Rough-In Basement Bathroom
  • Basement with some natural light

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 26244.2710

Community Details

Overview

  • Property has a Home Owners Association
  • Panorama Place Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,002

Year Built

Built in 2007

Lot Details

0

Listing Details

  • HOA YN: Yes
  • Sub Type: Res/Site Blt
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 2007
  • Lvt Date: 05/17/2022
  • Common Interest Community: No
  • Geo Address Line: 8401 N Palm Pl
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/17/2022 9:24:39 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Subdivision/Development: Panorama Place
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2264
  • Price Per Sq Ft: 204.95
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1336
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Basement: Part Fin, RI Bath, Daylight, Fam/Rec Rm
  • Estimated Basement Sq Ft: 928
  • Basement Percent: 90
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Family Room: 1
  • Special Features: Cath Cling, Vinyl Wn Fr
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, D/W, Refrig, Microwave, Pantry
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard, T-111
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: City of Sp

Condo/Co-op/Association

  • Amenities: Deck, Patio

Schools

  • School District: Mead
  • School District: Mead

Lot Info

  • Acres Mol: 0.22
  • Estimated Lot Sq Ft: 9583
  • Lot Information: Fncd Bk Yd, Spr Sys, Level
  • Parcel Number: 26244.2710
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr, Gas Avail-St

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Schrum Matthew
Bought by
Schrum Kailey
Current Estimated Value
$478,724

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 11, 2022
Sold by
James Barker Bradley and James Lynne Stacie
Bought by
Schrum Matthew and Schrum Kailey
Seller's Agent
Lisa Dillon
Coldwell Banker Schneidmiller
Buyer's Agent
Rich King
Keller Williams Spokane - Main
List Price
$525,000
Sold Price
$464,000
Premium/Discount to List
-$61,000
-11.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%
Original Mortgage
$371,200
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 30, 2019
Sold by
Kim Tracy Richard and Kim Tracy
Bought by
Baker Bradley James and Baker Stacie Lynne
Seller's Agent
Mike Graham
Plese Realty LLC
Buyer's Agent
Dan Hilton
Hilton Real Estate, Inc.
List Price
$299,950
Sold Price
$305,000
Premium/Discount to List
$5,050
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$289,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2008
Sold by
Hayden Enterprises Inc
Bought by
Tracy Richard and Tracy Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Schrum Kailey $313 None Listed On Document
Schrum Matthew -- Ticor Title
Baker Bradley James $305,000 None Available
Tracy Richard $199,085 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schrum Matthew $371,200
Previous Owner Barker Bradley James $290,000
Previous Owner Baker Bradley James $289,750
Previous Owner Tracy Richard $168,120
Previous Owner Tracy Richard $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $464,000 -3.1% $205 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $479,000 -3.6% $212 / Sq Ft
05/23/2022 05/23/22 Price Changed $496,900 -5.4% $219 / Sq Ft
05/17/2022 05/17/22 For Sale $525,000 +72.1% $232 / Sq Ft
05/07/2019 05/07/19 Sold $305,000 +3.1% $135 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $295,950 -1.3% $131 / Sq Ft
03/07/2019 03/07/19 For Sale $299,950 -- $132 / 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 $4,002 $405,800 $120,000 $285,800
2024 $4,002 $409,600 $110,000 $299,600
2023 $3,707 $414,600 $110,000 $304,600
2022 $3,390 $413,300 $110,000 $303,300
2021 $3,198 $295,400 $54,000 $241,400
2020 $3,018 $263,000 $55,000 $208,000
2019 $2,705 $241,300 $55,000 $186,300
2018 $2,809 $214,000 $55,000 $159,000
2017 $2,692 $206,700 $55,000 $151,700
2016 $2,703 $199,900 $55,000 $144,900
2015 $2,363 $179,900 $55,000 $124,900
2014 -- $178,300 $55,000 $123,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Dillon

    Coldwell Banker Schneidmiller

    (509) 701-7422

    1 in this area

    75 Total Sales

    Section Image
  • Rich King

    Buyer's Agent in 2022

    Rich King

    Keller Williams Spokane - Main

    (509) 703-8187

    1 in this area

    174 Total Sales

    Section Image
  • Mike Graham

    Seller's Agent in 2019

    Mike Graham

    Plese Realty LLC

    (509) 993-4606

    53 in this area

    78 Total Sales

    Section Image

  • D

    Buyer's Agent in 2019

    Dan Hilton

    Hilton Real Estate, Inc.

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202215802

Spokane Association of REALTORS®

APN: 26244.2710

Washington Spokane County Spokane 99208 Five Mile Prairie

8401 N Palm Place, Spokane, WA

This home is located at 8401 N Palm Place, Spokane, WA 99208 since 17 May 2022 and is currently estimated at $475,757, approximately $210 per square foot. This property was built in 2007. 8401 N Palm Place 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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