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11924 East 2nd Lane

11924 East 2nd Lane, Spokane, WA 99206
Property in Spokane Valley
Sold May 01, 2023
$577,472
$435,000 by Guardian Mortgage Corp.
Mortgage Due May 01, 2053
Sold Dec 31, 2020
$1,710,000
$1,196,000 by Global Cu
Mortgage
11924 East 2nd Lane in Spokane, WA was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 11924 East 2nd Lane has 1,972 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,084 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 548 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11924 East 2nd Lane sold most recently in May 1, 2023 for a total of $577,472. If you work out the math, that's approximately a cost of $229.16 per sqft. Before that, the property was also sold for $1,710,000 in Dec 28, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,578 in taxes each year. The initial year of tax delinquency occurred in 2023. 11924 East 2nd Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $396,500. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $321,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 548
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,084
  • Total Building Area: 2,520
  • Gross Building Area: 2,520
  • Building Area: 1,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,972
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHORT PLAT SHP-2018-0017
  • Land Acres: 0.094
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: 21-25-44: ALTERED SHP-2018-0017 LOT 8 (AFN 6891427).

Ownership

  • Current Owner : KANDOLA SANDEEP
  • Current Owner 2: KANDOLA MANDEEP
  • Previous Owner : WHITENER REAL ESTATE LLC
  • Owner Before Previous Owner: TCF PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Central Valley School District
  • Census Tract: 012801

Zoning

  • Zoning: C

Geography

  • Parcel: 45211.3708
  • Lot: 8
  • Meridian: SEC 21 TWN 25 RNG 44
  • Municipality: SPOKANE VAL FRMRLY PTN OF 1400
  • Latitude: 47.6554
  • Longitude: -117.244

    Address

  • Full Address: 11924 E 2nd Ln
  • Address - House Number: 11924
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ln
  • State: WA
  • City Name: Spokane Valley
  • Carrier Code: C028
  • 4-Digit Zip Code: 6244
  • Zip Code: 99206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,578
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 0144

    Appraisal Valuation

  • Standard Deviation: 0.1399
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 83
  • Final Value: 531,070
  • High Value: 605,375
  • Low Value: 456,765

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: GUARDIAN MORTGAGE CORP.
  • First Open Lien Mortgage Recording Date: May 01, 2023
  • First Open Lien Mortgage Loan Amount: $435,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $396,500
  • Market Land Value: $75,000
  • Market Improvement Value: $321,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,500
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $321,500

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Transaction ID: 11905835322
  • Current Sale Price: $577,472
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7281636
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Dec 28, 2020
  • Previous Sale Amount: $1,710,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARDIAN MORTGAGE CORP.
  • First Mortgage Transaction Date: May 01, 2023
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GLOBAL CU
  • Previous Mortgage Transaction Date: Dec 31, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Spokane Valley



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Frequently Asked Questions

What neighborhood is 11924 East 2nd Lane located in?
The 11924 East 2nd Lane is a located in the neighborhood of Spokane Valley in Spokane Valley, Spokane.
What is the average sales price for listings in 11924 East 2nd Lane?
The average sales price for units in 11924 East 2nd Lane is $0 currently.

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