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15901 East Sprague Avenue

15901 East Sprague Avenue, Veradale, WA 99037
Property in Spokane Valley
Sold Nov 20, 2020
$15,443,500
$11,582,000 by Arbor Commercial Funding Llc
Mortgage
Sold Jan 26, 2006
$150,000
Local assessors in Veradale, WA have categorized 15901 East Sprague Avenue as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 72,210 square feet.

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 detached garage for those who need a place to park their vehicle. The garage on the property is 2,706 sqft. There are 9 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. Lots of wood were used in the construction of the exterior walls of the home. 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, 15901 East Sprague Avenue sold most recently in Nov 2, 2020 for a total of $15,443,500. If you work out the math, that's approximately a cost of $407.37 per sqft. Before that, the property was also sold for $150,000 in Jan 23, 2006. 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 $46,886 in taxes each year. 15901 East Sprague Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,186,700. If we break it down further, the land itself was valued at $288,840. Improvements to the property, however, were assessed at a total of $4,897,860. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Business/Commerical Units Count: 36
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 2,706
  • Parking Space Count: 9

    Dimensions

  • Lot Size Square Feet: 72,210
  • Lot Size Frontage Feet: 0
  • Total Building Area: 37,910
  • Building Area: 37,910

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VERA
  • Land Acres: 1.658
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: VERA THE W 65.9 FT OF TRACT 31 EXC: N 30 FT ALSO EXC: S 25 FT TOG W/ THE E 1/5 OF TRACT 30 EXC: S 25 FT ALSO EXC: THAT PTN LYG W OF THE FOLLOWING DESCRIBED LINE: BEG AT A PT ON THE W LN OF THE E1/2 OF SD TRACT 30 55 FT N OF THE CENTER LN OF ST RD NO

Ownership

  • Current Owner : APPLEWAY ROSEWOOD APARTMENTS LLC
  • Previous Owner : CASTRO DAVID M
  • Previous Owner 2: DAVID M CASTRO LIVING TRUST
  • Owner Before Previous Owner: CHALICH GEORGE
  • Owner Before Previous Owner 2: CHALICH JERI
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 013002

Zoning

  • Zoning: C

Geography

  • Subdivision Tract Number: 31,30
  • Parcel: 45133.1463
  • Block: 31
  • Latitude: 47.6582
  • Longitude: -117.191

    Address

  • Full Address: 15901 E Sprague Ave
  • Address - House Number: 15901
  • Street Direction: E
  • Address - Street Name: Sprague
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Spokane Valley
  • Carrier Code: R008
  • 4-Digit Zip Code: 5020
  • Zip Code: 99037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,886
  • Tax Rate Code Area: 0144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $11,582,000
  • First Open Lien Mortgage Lender: ARBOR COMMERCIAL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $11,582,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $5,186,700
  • Market Land Value: $288,840
  • Market Improvement Value: $4,897,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,186,700
  • Assessed Land Value: $288,840
  • Assessed Improvements Value: $4,897,860

    Sales

  • Current Sale Contract Date: Nov 02, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11801843735
  • Current Sale Price: $15,443,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6998426
  • Previous Sale Recording Date: Jan 26, 2006
  • Previous Sale Contract Date: Jan 23, 2006
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARBOR COMMERCIAL FUNDING LLC
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $11,582,000
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Spokane Valley



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 15901 East Sprague Avenue located in?
The 15901 East Sprague Avenue is a located in the neighborhood of Spokane Valley in Spokane Valley, Veradale.
What is the average sales price for listings in 15901 East Sprague Avenue?
The average sales price for units in 15901 East Sprague Avenue is $0 currently.

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