NOT LISTED FOR SALE

10720 N Lookout View Ln Newman Lake, WA 99025

Estimated Value: $1,406,159 - $1,440,000

5 Beds
6 Baths
5,787 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,475,000 $255 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,236/month

30 Days on Market

Highlights

  • Water Views
  • RV Access or Parking
  • Contemporary Architecture
  • Barn
  • 10.58 Acre Lot
  • Secluded Lot

About This Home

As of July 2024

Discover serenity with this single owner home nestled in a gated community in the heart of Newman Lake with spectacular views of the city, mountain, and lake. Cathedral ceilings throughout the entire home and huge windows fill this home with a generous amount of natural light. Radiant heated floors are efficient in keeping the entire house warm and feeling cozy. Multiple kitchens, laundry rooms, and master bedrooms offer a perfect in law setup. Additionally, the home has a cedar sauna, multiple water features & a grand sunroom. The placement, layout and landscape were all carefully thought out and truly a labor of love. Paved road with year-round maintenance, peace and complete privacy makes this the perfect place to raise a family. Come see today!

Last Agent to Sell the Property

Anna Oukrainets

Live Real Estate, LLC License #132466 Listed on: 05/10/2024

Live Real Estate, LLC

Last Buyer's Agent

Erin Reasor

Avalon 24 Real Estate License #140299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,802

Year Built

  • Built in 2005

Lot Details

  • 10.58 Acre Lot
  • Property fronts a private road
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • Hillside Location
  • Landscaped with Trees

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • RV Access or Parking

Property Views

  • Water
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Brick or Stone Veneer
  • Stucco

Interior Spaces

  • 5,787 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Bay Window
  • Utility Room
  • Radiant Floor

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Furnace
  • Hot Water Provided By Condo Association
  • Water Softener
  • High Speed Internet

Additional Features

  • Patio
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 66182.9032

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Community Deck or Porch
  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,802

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Year Built: 2005
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Views, Sprinkler - Automatic, Treed, Level, Secluded, Hillside, Oversized Lot, CC & R
  • Lot Size Acres: 10.58
  • Road Frontage Type: City Street, Private Road
  • View Type:Pond View: City, Mountain(s), Territorial, Water
  • Reso Association Amenities: Sauna, Deck, Patio, Water Softener, Hot Water
  • Co List Office Phone: (509) 455-5483
  • MLS Status: Sold
  • Architectural Style: Rancher, Contemporary
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Utility Room, Cathedral Ceiling(s), Natural Woodwork, Window Bay Bow, Central Vaccum, In-Law Floorplan
  • New Construction: No
  • Reso Structure Type: Two Story
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Finished, Daylight, Rec/Family Area, Laundry, Walk-Out Access
  • Appliances: Double Oven, Dishwasher, Refrigerator, Disposal, Trash Compactor, Microwave, Pantry, Kit Island, Washer, Dryer
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Stone Veneer, Stucco
  • Other Structures: Barn(s)

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Slab/Strip, RV Parking, Workshop in Garage, Oversized

Utilities

  • Cooling: Central Air, See Remarks
  • Heating: Gas Hot Air Furnace, Electric, Heat Pump, Radiant Floor, See Remarks

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Schools

  • Elementary School: East Farms
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 66182.9032
  • Lot Size Sq Ft: 460865
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 7802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 16, 2024
Sold by
Cherkashina Svetlana and Cherkashin Petr
Bought by
Constanzer Drew K and Constanzer Elizabeth
Seller's Agent
Anna Oukrainets
Live Real Estate, LLC
Buyer's Agent
Erin Reasor
Avalon 24 Real Estate
List Price
$1,699,999
Sold Price
$1,475,000
Premium/Discount to List
-$224,999
-13.24%
Views
13
Current Estimated Value
$1,418,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,280
Avg. Annual Appreciation
-3.14%
Original Mortgage
$775,000
Outstanding Balance
$765,814
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$652,906

Purchase Details

Closed on
Apr 7, 2016
Sold by
Cherkashina Svetlana
Bought by
Cherkashina Svetlana and Cherkashin Peter

Purchase Details

Closed on
May 7, 2004
Sold by
Cherkashina Peter
Bought by
Cherkashina Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Constanzer Drew K $1,475,000 Wfg National Title Insurance C
Cherkashina Svetlana -- None Available
Cherkashina Svetlana -- Pacific Nw Title
Cherkashina Svetlana $123,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Constanzer Drew K $775,000
Previous Owner Cherkashina Svetlana $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $1,475,000 -13.2% $255 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $1,699,999 -- $294 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,205 $1,410,560 $262,060 $1,148,500
2024 $8,205 $985,160 $212,060 $773,100
2023 $8,196 $994,860 $195,060 $799,800
2022 $7,884 $994,860 $195,060 $799,800
2021 $7,669 $710,480 $148,480 $562,000
2020 $7,597 $670,900 $128,500 $542,400
2019 $7,223 $642,030 $122,130 $519,900
2018 $7,721 $634,630 $122,130 $512,500
2017 $7,008 $584,520 $113,820 $470,700
2016 $6,298 $533,020 $113,820 $419,200
2015 $6,684 $540,370 $139,870 $400,500
2014 -- $540,370 $139,870 $400,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anna Oukrainets

    Seller's Agent in 2024

    Anna Oukrainets

    Live Real Estate, LLC

    (509) 724-8987

    22 Total Sales

    Anna Oukrainets
    Section Image
  • Erin Reasor

    Buyer's Agent in 2024

    Erin Reasor

    Avalon 24 Real Estate

    (208) 755-4550

    43 Total Sales

    Erin Reasor
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202416056

Spokane Association of REALTORS®

APN: 66182.9032

Washington Spokane County Newman Lake 99025

10720 N Lookout View Ln, Newman Lake, WA

This home is located at 10720 N Lookout View Ln, Newman Lake, WA 99025 since 10 May 2024 and is currently estimated at $1,418,720, approximately $245 per square foot. This property was built in 2005. 10720 N Lookout View Ln is a home located in Spokane County with nearby schools including East Farms School, East Valley Middle School, and East Valley High School & Extension.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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