Discover a rare opportunity to own a substantial 10.85 acres of raw land on the stunning 486-acre Silver Lake, located in the serene area of Medical Lake. This beautiful and oversized secondary lot offers you the chance to build your dream retreat surrounded by natural beauty and tranquility. With deeded lake access through a neighboring parcel, you'll enjoy the perks of waterfront living without the direct waterfront premium. This remarkable piece of land is ideal for those looking to embrace a serene lifestyle or develop a unique investment opportunity with three buildable parcels surrounded by new waterfront construction. Don’t miss out on this exceptional chance to own a large piece of paradise on Silver Lake. Close to schools, grocery and shopping in Medical Lake, and less than 20 min to downtown Spokane, Cheney, Airway Heights / Fairchild AFB and GEG Airport.
Property Details
Property Features
Listing Office:
Office Name: Prime Real Estate Group
Office Phone: (509) 218-4663
Listing Agent: Chelsea McFarland
Exterior Features
Exterior Information:
Waterfront: Beach, See Remarks
View: Water
Lot Features
Lot Information:
Lot: Views, Level, Rolling/Hilly, Oversized Lot
Lot Size: 10.85 Acres
Other
Directions Information:
Directions: West on I-90, Cheney/Four Lakes exit, Right on Medical Lake 4 Lakes Road, take for 4 miles and turn left on Freeman Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $325,000
Tax Information:
Annual Amount: $2,344
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Medical Lake, WA.
This property is $120K less than the Median Sold Price in Medical Lake, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SARMLS
MLS Number: #202421321
Listing Office:
Office Name: Prime Real Estate Group
Office Phone: (509) 218-4663
Listing Agent: Chelsea McFarland
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:56:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 12, 2000
May 12, 2000Home Sold
$137,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,344
$220,000
2020
$2,239
$199,400
2018
$1,970
$162,400
2017
$1,940
$158,600
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,690
Per Month
Principal & Interest
$1,623
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,041
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Hallett Elementary School
524 N Hallett St
Distance between this listing and this school1.06 miles
Public District Grades PK-5
8
/10
Michael Anderson Elementary School
400 W Fairchild Hwy
Distance between this listing and this school4.50 miles
Public District Grades PK-5
5
/10
Snowdon Elementary School
6323 S Holly Rd
Distance between this listing and this school6.01 miles
Public District Grades PK-5
Nearby Schools
7
/10
Medical Lake Middle School
1010 E Lake St
Distance between this listing and this school0.73 miles
Public District Grades 6-8
3
/10
Cheney Middle School
740 W Betz Rd
Distance between this listing and this school5.49 miles
Public District Grades 6-8
5
/10
Westwood Middle School
6120 S Abbott Rd
Distance between this listing and this school8.13 miles
Public District Grades 6-8
Nearby Schools
6
/10
Medical Lake High School
200 E Barker St
Distance between this listing and this school1.34 miles
Public District Grades 9-12
6
/10
Cheney High School
460 N 6th St
Distance between this listing and this school6.02 miles
Public District Grades 9-12
3
/10
Three Springs High School
520 4th St
Distance between this listing and this school6.47 miles
The neighbors living near this home have an average income of $57,104. The most common annual income of people living in Medical Lake, WA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9508 S Freeman Dr
What is the listing price of this property?
The listing price of 9508 S Freeman Dr property is $325,000.
What type of property is this?
The property 9508 S Freeman Dr is land located in Medical Lake, Washington, 99022.
Is this property for sale now?
Active Listing: 9508 S Freeman Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,344 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 12, 2000 for $137,500. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 9508 S Freeman Dr in Medical Lake, WA and zip code 99022 in the Freemans Silver Lake neighborhood. This home sits on a 10.85 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $325,000.
While more than 1 listings in Medical Lake, WA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of homes for sale in Medical Lake, WA decreased by 18.2% between October 2024 and November 2024. Listings spent 24 days on the market in November 2024, and had a median list price of $445,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Motocross
Motocross
College Football
Figure Skating
GameStop
Express/Express For Men
Kmart
Sonic
Bob Evans
Jimmy Johns
Jeep
Kia
Buick
Country
New Country
Oldies