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1520 East Heritage Lane

1520 East Heritage Lane, Spokane, WA 99208
Property in Spokane
Sold Sep 21, 2020
$755,000
$510,000 by Finance Of America Mortgage Ll
Mortgage Due Oct 01, 2035
Sold Sep 10, 2004
$749,000
$333,700 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2034
1520 East Heritage Lane in Spokane, WA was first built in 2002 and is 22 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 ranch/rambler style. It is a single story home. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1520 East Heritage Lane has 5,310 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. The basement is 2,651 sqft and has been categorized as a full basement. In total, the area measurement of the land is 70,567 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 1,329 sqft. There are a total of 5 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 A. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1520 East Heritage Lane sold most recently in Sep 11, 2020 for a total of $755,000. If you work out the math, that's approximately a cost of $113.72 per sqft. Before that, the property was also sold for $749,000 in Sep 3, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,542 in taxes each year. 1520 East Heritage Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,047,400. If we break it down further, the land itself was valued at $145,500. Improvements to the property, however, were assessed at a total of $901,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: A
  • 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: Full basement
  • Basement Area: 2,651
  • Garage Type: Attached
  • Garage Square Area: 1,329
  • Parking Space Count: 5
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 70,567
  • Total Building Area: 6,639
  • Gross Building Area: 6,639
  • Building Area: 5,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,310
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLS 1ST
  • Land Acres: 1.62
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LEGACY HILLS 1ST ADDITION LT 1 BLK 1

Ownership

  • Current Owner : AYALA REINALDO JOSE
  • Current Owner 2: AYALA BEVERLY RUTH
  • Previous Owner : GODON QUIN W
  • Owner Before Previous Owner: JOHNSON MATTHEW
  • Owner Before Previous Owner 2: FELLER JOHNSON LINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mead School District
  • Census Tract: 010507

Zoning

  • Zoning: UR

Geography

  • Assessors Map Reference: 12B
  • Parcel: 37283.0301
  • Block: 1
  • Lot: 1
  • Meridian: SEC 28 TWN 27N RNG 43E
  • Municipality: MEAD
  • Latitude: 47.8086
  • Longitude: -117.387

    Address

  • Full Address: 1520 E Heritage Ln
  • Address - House Number: 1520
  • Street Direction: E
  • Address - Street Name: Heritage
  • Address - Suffix Type: Ln
  • State: WA
  • City Name: Spokane
  • Carrier Code: R046
  • 4-Digit Zip Code: 8568
  • Zip Code: 99208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,542
  • Tax Rate Code Area: 1280

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 82
  • Final Value: 1,042,550
  • High Value: 1,197,369
  • Low Value: 887,731

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $1,047,400
  • Market Land Value: $145,500
  • Market Improvement Value: $901,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,047,400
  • Assessed Land Value: $145,500
  • Assessed Improvements Value: $901,900

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11788667990
  • Current Sale Price: $755,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6970840
  • Previous Sale Recording Date: Sep 10, 2004
  • Previous Sale Contract Date: Sep 03, 2004
  • Previous Sale Amount: $749,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 10, 2004
  • Previous Mortgage Loan Amount: $333,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2034

About Spokane



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Frequently Asked Questions

What neighborhood is 1520 East Heritage Lane located in?
The 1520 East Heritage Lane is a located in the neighborhood of Spokane in Spokane, Spokane.
What is the average sales price for listings in 1520 East Heritage Lane?
The average sales price for units in 1520 East Heritage Lane is $0 currently.

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