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1406 West Elmwood Court

1406 West Elmwood Court, Spokane, WA 99218
Property in Spokane
Sold Apr 11, 2012
$425,280
$229,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2050
Sold Dec 07, 2011
$507,780
Local assessors in Spokane, WA have categorized 1406 West Elmwood Court as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 27,590 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1406 West Elmwood Court has a total of 4,948 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 2,484 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 977 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1406 West Elmwood Court sold most recently in Mar 22, 2012 for a total of $425,280. If you work out the math, that's approximately a cost of $66.56 per sqft. Before that, the property was also sold for $507,780 in Dec 1, 2011. 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 $7,522 in taxes each year. 1406 West Elmwood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $864,100. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $804,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,484
  • Garage Type: Attached
  • Garage Square Area: 977
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,590
  • Total Building Area: 6,389
  • Gross Building Area: 6,389
  • Building Area: 4,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,948
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRWOOD PARK
  • Land Acres: 0.633
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: FAIRWOOD PARK #2 L4 B2 AND AN UNDIVIDED 1/17TH INT IN COMMON AREA AKA LT 12 BLK 2 AUDITOR DOC 7805100348

Ownership

  • Current Owner : ROBERTS PRESTON K
  • Previous Owner : CARTUS FINANCIAL CORPORATION
  • Owner Before Previous Owner: MCCUNN M GREGORY
  • Owner Before Previous Owner 2: MCCUNN JANA N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Mead School District
  • Census Tract: 010506

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 10E
  • Parcel: 36072.0704
  • Block: 2
  • Lot: 4,12
  • Meridian: SEC 07 TWN 26N RNG 43E
  • Municipality: MEAD
  • Latitude: 47.7701
  • Longitude: -117.426

    Address

  • Full Address: 1406 W Elmwood Ct
  • Address - House Number: 1406
  • Street Direction: W
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ct
  • State: WA
  • City Name: Spokane
  • Carrier Code: C015
  • 4-Digit Zip Code: 3015
  • Zip Code: 99218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,522
  • Tax Rate Code Area: 1280

    Appraisal Valuation

  • Standard Deviation: 0.1376
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 83
  • Final Value: 956,140
  • High Value: 1,087,793
  • Low Value: 824,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $229,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $864,100
  • Market Land Value: $60,000
  • Market Improvement Value: $804,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $864,100
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $804,100

    Sales

  • Current Sale Contract Date: Mar 22, 2012
  • Current Sale Recording Date: Apr 11, 2012
  • Current Sale Transaction ID: 1017269982
  • Current Sale Price: $425,280
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6083298
  • Previous Sale Recording Date: Dec 07, 2011
  • Previous Sale Contract Date: Dec 01, 2011
  • Previous Sale Amount: $507,780
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY FIRST MORTGAGE SERVICES L
  • First Mortgage Transaction Date: Apr 11, 2012
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2042

About Fairwood



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1604 W. Forest Hills Dr. #1604 W. Forest Hills Dr., Spokane, WA, 99218 Listing by Manager

Frequently Asked Questions

What neighborhood is 1406 West Elmwood Court located in?
The 1406 West Elmwood Court is a located in the neighborhood of Spokane in Fairwood, Spokane.
What is the average sales price for listings in 1406 West Elmwood Court?
The average sales price for units in 1406 West Elmwood Court is $0 currently.

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