PROPERTY DESCRIPTION:
This is a beautiful property situated on the east side of Silver Lake in Spokane, WA. Live in a peaceful and friendly community and bask in the beauty of nature, not only in Silver Lake but also in the nearby lakes which can be reached in just a few miles drive.
Valued at more than $35,000, you can get this property for only $17,500 cash price– save up to 50% off retail. Seller financing offered with at least $7,000 down. Read on for more information.
This property is surrounded by other single-family homes, a great view of Silver Lake, other nearby lakes, nature attractions and many more. Launch your boat at the Silver Lake Public Boat Launch, go boating, camping or fishing and enjoy the beautiful scenery. It’s truly a spot you don’t want to miss out if you love being near a lake and all of its benefits.
Here is a 360° street view of the site property:
Property Info:
Property has many options. Contact the County and see what’s possible.
AREA INFORMATION:
About Spokane County, WA:
Spokane County is situated east of the Cascade Range and on the western slope of the Coeur d'Alene Mountains next to the Idaho border. It has ranked in the middle of other counties in terms of land area, which was 1,763.79 square miles in 2010 and the fourth-most populous county in Washington State with a population of 471,221.
Spokane County is known as the financial, cultural, and retail center for a large area of Washington, Idaho, and western Montana known as the “Inland Northwest.” The city of Spokane is the county seat and the second largest city in the state following Seattle.
About Silver Lake, WA:
Silver Lake is a community that falls under the jurisdiction of Cheney, five miles to the south although it is located just outside Medical Lake. It is one of the four lakes that comprise what is referred to as the Four Lakes community.
People can definitely find a lakeside paradise at Silver Lake, which is only 20 minutes southwest of Spokane. Silver Lake offers fun water activities for people who visit. The shoreline is shaded by stately pines, making one forget they are close to the city instead of at a far-distant wilderness campsite. The lake is close to Fairchild Air Force Base, making it a favorite recreation spot for the families of personnel stationed at the base.
Here are some places to visit in Silver Lake, WA:
Enjoy activities in Silver Lake, WA such as:
Option 1 - Pay in Full:
Purchase Price: $17,500 cash
+Deed Preparation/Closing/Recording: $500
Total Due: $18,000
Option 2 – Seller Financing (No Credit Checks):
Purchase Price: $20,000
+Deed Preparation/Closing/Recording/Loan Docs: $500
Down Payment | Interest | Monthly Payment | Term Length | Total Due Today |
$7,000 | 12% | $289.18 | 60 months | $7,580.00 |
$8,000 | 11% | $260.91 | 60 months | $8,580.00 |
$9,000 | 10% | $233.72 | 60 months | $9,580.00 |
$10,000 | 8% | $202.76 | 60 months | $10,580.00 |
These prices are before the monthly service charges. These fees will be an additional $30/month for loan servicing and liability insurance, 1/12 of the yearly tax bill per month (approx. $20). The total due today reflects the down payment as well as a one-time closing/recording fee of $500 due upon agreement acceptance, as well as a 4-month reserve for taxes. You may pay off the property at any time with no pre-payment penalty.
**Buyer is responsible for verifying all information with the County as to what can and can't be done with the property. Buyer will need to work with the County to attain the proper permits if needed. Buyer will also need to confirm the availability of any utilities needed or serviced on the property. Seller makes no warranties or representations about the land, its condition, or what can be built on the property.
PROPERTY ADDRESS: S Freeman Dr, Medical Lake, Spokane, WA, USA, 99022