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38715 Madison Rd

Elk, WA 99009

3 bd 1 ba 1,190 sqft Built 1960 Lot 786,258 sqft single_family
Most recent sale
$470,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 10, 2025 Price changed $515,000 SpokaneREALTORS
Aug 20, 2025 Listed $525,000 SpokaneREALTORS
Jul 27, 2022 Sold $470,000 MLS #202216196
Jun 13, 2022 Price changed $485,000 MLS #202216196
May 21, 2022 Listed $499,900 MLS #202216196
Nov 15, 2019 Sold $255,000 MLS #201923200
Dec 5, 1977 Sold $29,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $274,100 $163,250 $437,350 $4,052
2025 $274,100 $163,250 $437,350 $3,478
2024 $199,400 $118,750 $318,150 $3,158
2023 $178,300 $91,150 $269,450 $2,503
2022 $164,300 $80,550 $244,850 $2,539
2021 $164,300 $80,550 $244,850 $2,381
2020 $103,000 $66,350 $169,350 $1,729
2019 $95,500 $66,350 $161,850 $1,618
2018 $82,600 $66,350 $148,950 $1,694
2017 $78,600 $66,350 $144,950 $1,605
2016 $75,000 $52,080 $127,080 $1,441
2015 $73,100 $52,080 $125,180 $1,477
2014 $71,000 $67,080 $138,080 $1,629
2013 $71,000 $63,860 $134,860 $1,603
2012 $77,100 $63,860 $140,960 $1,540
2011 $77,100 $63,860 $140,960 $1,485
2010 $78,200 $63,860 $142,060 $1,330
2009 $66,200 $63,860 $130,060 $1,147
2007 $69,500 $46,880 $116,380 $1,061

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,190 sqft
Lot size
786,258 sqft
ZIP code
99009
City
Elk
Street
Madison Rd
Coordinates
48.00725, -117.24361

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,737
Gross rental yield
6.99%
Implied cap rate
4.54%
Trend-extrapolated value

Frequently asked questions

When did 38715 Madison Rd last sell?
38715 Madison Rd most recently sold on Jul 27, 2022 for $470,000.
What is the current tax assessment for 38715 Madison Rd?
The most recent total assessment for 38715 Madison Rd (year 2026) is $437,350 with $4,052 in property tax.
How does 38715 Madison Rd's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $470,000.
When was 38715 Madison Rd built?
38715 Madison Rd was built in 1960.
How does 38715 Madison Rd compare to others on Madison Rd?
We track 8 other properties on Madison Rd. Browse the list under "Other properties on Madison Rd" to compare beds, baths, and sale history.
What are the property facts for 38715 Madison Rd?
38715 Madison Rd is a 3 bed, 1 bath, 1,190 sqft, 786,258 sqft lot single_family.
Is 38715 Madison Rd a flip candidate?
No — 38715 Madison Rd does not appear in our flips dataset.
Is 38715 Madison Rd a tax-appeal candidate?
No — 38715 Madison Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.9%
Implied 1-yr
+31.4%
2026 Q3
$530.7K
2026 Q4
$552.6K
ZIP 99009 — Median Price History + Forecast

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