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520 West 5th Street

520 West 5th Street, Medical Lake, WA 99022
Property in Spokane
Sold Jun 03, 2021
$370,000
$362,598 by Penrith Home Loans Llc
Mortgage Due Jul 01, 2051
Sold Oct 15, 2002
$139,900
$137,738 by Wells Fargo Home Mtg Inc
Mortgage Due Nov 01, 2032
520 West 5th Street in Medical Lake, WA was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split foyer style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 520 West 5th Street has 1,932 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 9,369 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 528 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 average. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 520 West 5th Street was last sold in Jun 3, 2021 for $370,000. According to our calculations, that's $150.41 per sqft. Prior to that sales transaction, the property was sold for $139,900 in Oct 9, 2002. Current property owners are expected to pay $2,948 in taxes per year. The property on 520 West 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $382,100. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $317,100. 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. 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.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: 1971
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Split foyer
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,369
  • Total Building Area: 2,460
  • Gross Building Area: 2,460
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,932
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEG SW COR B10 RR ADD
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: 18 24 41 MED LK TRS BEG SW COR B10 RR ADD TH S275FT TH E 125FT TH N275FT TH W125FT EXC N200FT

Ownership

  • Current Owner : HOLLAND SHAPHAN JOEL
  • Current Owner 2: HOLLAND BRITTNEY
  • Previous Owner : JOHNSON THOMAS A
  • Previous Owner 2: JOHNSON HELEN A
  • Owner Before Previous Owner: REMENDOWSKI DAVID
  • Owner Before Previous Owner 2: REMENDOWSKI TERRI L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Medical Lake School District
  • Census Tract: 013900

Zoning

  • Zoning: R-1

Geography

  • Parcel: 14182.0037
  • Block: 10
  • Meridian: SEC 18 TWN 24 RNG 41
  • Municipality: MEDICAL LAKE
  • Latitude: 47.5782
  • Longitude: -117.689

    Address

  • Full Address: 520 W 5th St
  • Address - House Number: 520
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Medical Lake
  • Carrier Code: R004
  • 4-Digit Zip Code: 8417
  • Zip Code: 99022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,948
  • Tax Rate Code Area: 0160

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 79
  • Final Value: 440,030
  • High Value: 512,771
  • Low Value: 367,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $362,598
  • First Open Lien Mortgage Lender: PENRITH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $362,598
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $382,100
  • Market Land Value: $65,000
  • Market Improvement Value: $317,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,100
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $317,100

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11836805757
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7083648
  • Previous Sale Recording Date: Oct 15, 2002
  • Previous Sale Contract Date: Oct 09, 2002
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENRITH HOME LOANS LLC
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $362,598
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Oct 15, 2002
  • Previous Mortgage Loan Amount: $137,738
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2032

About Medical Lake



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Frequently Asked Questions

What neighborhood is 520 West 5th Street located in?
The 520 West 5th Street is a located in the neighborhood of Spokane in Medical Lake, Medical Lake.
What is the average sales price for listings in 520 West 5th Street?
The average sales price for units in 520 West 5th Street is $0 currently.

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