PROPERTY DESCRIPTION:
Check out this large property about 6 miles due north of Fairchild AFB. This is a rural property that has many options. There are large estate homes and smaller homes nearby, along with small farms, agricultural centers, and other commercial properties. This is truly one of those opportunities that don’t come along very often…over 10 acres for under $30k!!!!
This 10-acre parcel is valued at more than $48,000. Buy this property today and you can get it for only $24,000 (cash price) – that’s 50% savings for you!
This property is probably best suited for:
This property is situated within the perimeter of W Bowie Rd and N Brooks Rd, approximately 17.8 miles west of Spokane, WA, approximately 10 miles north of downtown Medical Lake, WA and about 38 miles southeast of the Spokane Reservation.
More Information about the Property:
There are similar properties which were listed and have sold for over $48,000:
Property is sold as-is with no warranties or guarantees. Buyer responsible to verify all information with the proper authorities.
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 Medical Lake, WA:
Medical Lake is a city in Spokane County, Washington, United States. It is located approximately 4.9 miles west of Four Lakes, WA; approximately14.4 miles southwest of Spokane, WA; about 8 miles south of the Fairchild Air Force Base and about 13.8 miles southwest of the Spokane International Airport.
Medical Lake is surrounded by lakes, nearby airports and many conservation areas. It was said that many tourists come to Medical Lake, WA for various outdoor recreation activities like boating, fishing, lakeside viewing, and camping.
Quick Facts about Medical Lake, WA: (from Bestplaces.net)
ECONOMY - Recent job growth is Positive. Medical Lake jobs have increased by 1.76 percent.
POPULATION - As of 2014, Medical Lake's population is 4,942 people. Since 2000, it has had a population growth of 34.88 percent.
TRANSPORTATION - Average Commute time is 23 minutes. The National Average is 26 minutes.
REAL ESTATE - The median home cost in Medical Lake is $190,400. Home appreciation the last 10 years has been 11.93%. It's a good time to buy in Medical Lake since Home Appreciation is up 2.3% in the last 12 months.
Option 1 - Pay in Full:
Purchase Price: $24,000 cash
+Deed Preparation/Closing/Recording: $500
Total Due: $24,500
Option 2 – Seller Financing (No Credit Checks):
Purchase Price: $27,000
+Deed Preparation/Closing/Recording/Loan Docs: $500
Down Payment | Interest | Monthly Payment | Term Length | Total Due Today |
$10,000 | 12% | $378.16 | 60 months | $10,580.00 |
$11,000 | 11% | $347.88 | 60 months | $11,580.00 |
$12,500 | 10% | $308.08 | 60 months | $13,080.00 |
$15,000 | 8% | $243.32 | 60 months | $15,580.00 |
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: W Bowie Rd, Medical Lake, Spokane, WA, USA, 99022