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2701 South Thierman Lane

2701 South Thierman Lane, Spokane, WA 99223
Property in Spokane
Sold Jun 11, 2021
$1,600,000
$135,000 by Key Bank Na
Mortgage Due Jul 01, 2051
Sold Aug 15, 2017
$199,900
$812,427 by Washington Trust Bank
Mortgage Due Sep 01, 2048
2701 South Thierman Lane in Spokane, WA was first built in 2018 and is 6 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 5 full bathrooms. There are 6 partial bathrooms. 2701 South Thierman Lane has 5,190 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 2,595 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 66,647 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 1,164 sqft. There are a total of 4 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 unknown. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heat pump. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2701 South Thierman Lane was last sold in May 27, 2021 for $1,600,000. According to our calculations, that's $251.81 per sqft. Prior to that sales transaction, the property was sold for $199,900 in Aug 9, 2017. Current property owners are expected to pay $15,732 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 2701 South Thierman Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,602,250. To break that down further, the land itself was valued at $307,950. While improvements to the property were assessed at a total of $1,294,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 19
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,595
  • Garage Type: Attached
  • Garage Square Area: 1,164
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 66,647
  • Total Building Area: 6,354
  • Gross Building Area: 6,354
  • Building Area: 5,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 5,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORGAN MURPHY ESTATES
  • Land Acres: 1.53
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: MORGAN MURPHY ESTATES PUD LT 9 BLK 5

Ownership

  • Current Owner : KING BRENT J
  • Current Owner 2: LIU YANGYANG
  • Previous Owner : LLOYD THOMAS C
  • Owner Before Previous Owner: PARAS HOMES LLC

Neighborhood

  • School District Name: Spokane Public Schools
  • Census Tract: 013401

Zoning

  • Zoning: RCV

Geography

  • Parcel: 35254.0510
  • Block: 5
  • Lot: 9
  • Meridian: SEC 25 TWN 25N RNG 43E
  • Municipality: SPOKANE
  • Latitude: 47.6297
  • Longitude: -117.313

    Address

  • Full Address: 2701 S Thierman Ln
  • Address - House Number: 2701
  • Street Direction: S
  • Address - Street Name: Thierman
  • Address - Suffix Type: Ln
  • State: WA
  • City Name: Spokane
  • Carrier Code: R012
  • 4-Digit Zip Code: 5057
  • Zip Code: 99223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,732
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 0480

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 82
  • Final Value: 1,452,828
  • High Value: 1,667,985
  • Low Value: 1,237,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $135,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $1,602,250
  • Market Land Value: $307,950
  • Market Improvement Value: $1,294,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,602,250
  • Assessed Land Value: $307,950
  • Assessed Improvements Value: $1,294,300

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11838369565
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7086992
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Contract Date: Aug 09, 2017
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON TRUST BANK
  • Previous Mortgage Transaction Date: Aug 15, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $812,427
  • Previous Mortgage Term: 372
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2048

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2701 South Thierman Lane located in?
The 2701 South Thierman Lane is a located in the neighborhood of Spokane in Spokane, Spokane.
What is the average sales price for listings in 2701 South Thierman Lane?
The average sales price for units in 2701 South Thierman Lane is $0 currently.

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