NOT LISTED FOR SALE

12611 NE Newman Lake Dr Newman Lake, WA 99025

Estimated Value: $872,000 - $1,186,000

0.58 Acre
$1,771,410 Price per Acre
25,265 Sq Ft Lot

Last Sold November 25, 2014

Last sale price $134,000

Est. 667% increase in value since last sale

Current estimated payment $6,317/month

74 Days on Market

About This Lot

As of November 2014

Great waterfront lot in sought after Newman Lake. The original house was burned out. House was removed. All that remains are original footings to the previous house, and one bedroom was some stick framing. Great location to build a dream home on the water. Buyer to verify all utilities that are at property, HOA's, property lines, property taxes, rebuilt feasibility, septics, water etc. Sold "as is"

Last Agent to Sell the Property

Kirk Holding

Realty Northwest License #24806 Listed on: 04/17/2014

Last Buyer's Agent

Kirk Holding

Realty Northwest License #24806 Listed on: 04/17/2014

Property Details

Property Type

  • Land

Lot Details

  • 0.58 Acre Lot
  • Lake Front

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 56112.0209

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • Lot Size Acres: 0.58
  • Road Frontage Type: City Street
  • Water Body Name: Newman Lk
  • Co List Office Phone: 509-362-1581
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Lake

Utilities

  • Utilities: Phn Av Prop L, Power
  • Sewer: See Remarks
  • Water Source: Public

Lot Info

  • Parcel Number: 56112.0209
  • Lot Size Sq Ft: 25261

Tax Info

  • Tax Annual Amount: 5410
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Mayer Maureen A
Current Estimated Value
$1,027,418

Purchase Details

Closed on
Dec 17, 2013
Sold by
Miley Jay A and Miley Jennifer K
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 23, 2005
Sold by
Peterson Darrell E and Peterson Kimberly F
Bought by
Miley Jay A and Miley Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 5, 1998
Sold by
Peterson Kimberly F and Peterson Darrell E
Bought by
Peterson Darrell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.61%

Purchase Details

Closed on
Oct 5, 1998
Sold by
Peterson Keith V
Bought by
Peterson Darrell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.61%

Purchase Details

Closed on
Jun 28, 1995
Sold by
Peterson Darrell E
Bought by
Peterson Keith
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mayer Maureen A $134,000 Spokane County Title Co
Jpmorgan Chase Bank National Association $267,000 Spokane County Title Co
Miley Jay A $465,000 Spokane County Title Co
Peterson Darrell E -- Pacific Nw Title
Peterson Darrell E -- First American Title Ins Co
Peterson Keith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayer Maureen A $222,694
Closed Mayer Maureen A $250,000
Previous Owner Miley Jay A $466,000
Previous Owner Miley Jay A $93,000
Previous Owner Miley Jay A $372,000
Previous Owner Peterson Darrell E $85,000
Previous Owner Peterson Darrell E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $134,000 -37.0% --
06/30/2014 06/30/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $212,850 -- --
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 $9,142 $993,600 $312,000 $681,600
2024 $9,142 $940,170 $261,870 $678,300
2023 $8,836 $940,170 $261,870 $678,300
2022 $8,025 $910,870 $261,870 $649,000
2021 $7,682 $607,150 $175,750 $431,400
2020 $7,703 $578,250 $172,250 $406,000
2019 $7,277 $532,030 $169,030 $363,000
2018 $5,568 $388,770 $178,070 $210,700
2017 $5,403 $379,870 $178,070 $201,800
2016 $2,525 $178,070 $178,070 $0
2015 $2,485 $169,960 $169,960 $0
2014 -- $229,680 $229,680 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201415402

Spokane Association of REALTORS®

APN: 56112.0209