NOT LISTED FOR SALE

8505 N Lehman Rd Spokane, WA 99217

Estimated Value: $354,069 - $805,000

10 Acres
$52,402 Price per Acre
435,600 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $215,000

Est. 144% increase in value since last sale

Current estimated payment $3,371/month

7 Days on Market

Highlights

  • Mountain View
  • Landscaped with Trees
  • Level Lot

About This Lot

As of March 2023

10 acres of wide open spaces and views of Mt. Spokane! Just minutes off Bigelow Gulch east of Argonne you can find this grassy piece of land ready for all your building wants and needs. There is a shop on the property with power at the property. Public water and natural gas are across the street and a driveway that leads to the 24x36x12 shop and RV dump station. This property also is fenced on three sides.

Last Listed By

Brandon Marchand

Keller Williams Spokane - Main License #23628 Listed on: 01/07/2023

Keller Williams Spokane - Main

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,596

Year Built

  • 2023

Lot Details

  • 10 Acre Lot
  • Level Lot
  • Open Lot
  • Landscaped with Trees

Schools

  • Pasadena Park Elementary School
  • Centennial Middle School
  • West Valley High School

Additional Features

  • Mountain Views
  • Shop

Listing and Financial Details

  • Assessor Parcel Number 46204.9088

Property Details

Property Type

Land

Est. Annual Taxes

$5,596

Year Built

2023

Lot Details

0

Listing Details

  • Sub Type: Land
  • Access: Rt of Way, Pub Rd
  • Class: Lots & Land
  • Lvt Date: 01/07/2023
  • Common Interest Community: No
  • Geo Address Line: 8505 N Lehman Rd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/8/2023 12:05:36 AM
  • Geo Zoom Level: 15
  • Sr High: West Valley
  • Jr High: Centennial
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Price Per Sq Ft: 0.49

Exterior Features

  • Out Buildings: Shop

Schools

  • School District: West Valley
  • Elementary School: Pasadena Park
  • Middle School: Centennial
  • High School: West Valley
  • School District: West Valley
  • Elementary School: Pasadena Park

Lot Info

  • Acres Mol: 10
  • Estimated Lot Sq Ft: 435600
  • Lot Information: Treed, Level, Open, Bus Rt
  • Lot View: Mountain
  • Parcel Number: 46204.9088

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Mar 7, 2023
Sold by
Reeves Ruby and Reeves David
Bought by
Leeson Jaelene A and Leeson David S
Seller's Agent
Brandon Marchand
Keller Williams Spokane - Main
Buyer's Agent
Sarah Roy
eXp Realty, LLC
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Total Days on Market
7
Views
86
Current Estimated Value
$524,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,023
Avg. Annual Appreciation
50.48%
Original Mortgage
$172,000
Outstanding Balance
$106,658
Interest Rate
6.13%
Mortgage Type
Balloon
Estimated Equity
$417,365

Purchase Details

Closed on
Sep 29, 2011
Sold by
Rosenbaum Jack E
Bought by
Reeves Ruby and Reeves David

Purchase Details

Closed on
Jul 24, 1970
Sold by
Falls City Development Company and Wolff Alvin J
Bought by
Rosenbaum Jack E and Rosenbaum Sherry J

Range of Values:

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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
Leeson Jaelene A -- Wfg National Title
Reeves Ruby -- Inland Professional Title Ll
Rosenbaum Jack E $30,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leeson Jaelene A $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $215,000 -6.5% --
01/14/2023 01/14/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $230,000 -- --
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
2024 $5,596 $217,230 $201,230 $16,000
2023 $1,822 $196,110 $176,210 $19,900
2022 $1,993 $183,280 $168,380 $14,900
2021 $1,332 $102,050 $88,650 $13,400
2020 $1,346 $92,790 $79,890 $12,900
2019 $1,002 $74,370 $61,470 $12,900
2018 $923 $56,330 $43,030 $13,300
2017 $973 $61,470 $61,470 $0
2016 $1,033 $61,480 $61,480 $0
2015 $1,013 $61,480 $61,480 $0
2014 -- $61,480 $61,480 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202310358

Spokane Association of REALTORS®

APN: 46204.9088