NOT LISTED FOR SALE

1607 N Potomac River Ln Spokane Valley, WA 99016

Greenacres Neighborhood

Estimated Value: $492,141 - $507,000

5 Beds
3 Baths
2,174 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $192,000 $88 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,088/month

56 Days on Market

Highlights

  • Contemporary Architecture
  • Separate Formal Living Room
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Great Room
  • Eat-In Kitchen

About This Home

As of February 2014

WOW! Must see to appreciate all of the upgrades in this awesome 5 bed, 3 ba, Riverwalk Beauty! Tot updted open kit inclds SS applncs, new countertops & tile bcksplash, deep sink, new lighting & flring. All new bamboo flring in livrm, din rm, kit,& hallway. Stone tile in both baths, travertine in entry & new paint in & out. Huge fnced bckyrd w/btfl lrge stamped concrete patio! Full fin bsmt w/lrg fam rm, updtd bath, 2 egress bdrms, & laundry. Walk or ride your bike to the Cennential Trail & Spokane River!

Last Agent to Sell the Property

Sheri Tilton

RE/MAX of Spokane License #46884 Listed on: 12/21/2013

Last Buyer's Agent

Whitney Schumacher

Keller Williams Spokane - Main License #99642

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1999

Lot Details

  • 8,413 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 2,174 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • Greenacres Elementary And Middle School
  • Central Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55083.2716

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Amenities

  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,292

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Excluded Items: Kids playground set
  • Style Of Construction: Split Entry
  • Year Built: 1999
  • Geo Address Line: 1607 N Potomac Ln
  • Geo Primary City: Greenacres
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/8/2014 9:22:36 PM
  • Geo Zoom Level: 15
  • Sr High: Central Valley
  • Year Renovated: 2012
  • Jr High: Greenacres
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2174
  • Price Per Sq Ft: 88.32
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1239
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 935
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Wood Flr, Cath Cling, Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Great room, Formal LR
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Kit Island
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: T-111
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: Consolidat

Condo/Co-op/Association

  • Amenities: Cable TV, Sat Dish, Deck, Gas Hot Wtr, Cable Internet, DSL

Schools

  • School District: Central Valley
  • Elementary School: Greenacres
  • Middle School: Greenacres
  • High School: Central Valley
  • School District: Central Valley
  • Elementary School: Greenacres

Lot Info

  • Acres Mol: 0.19
  • Estimated Lot Sq Ft: 8413
  • Loc Dir E W: E
  • Loc Numberblk E W: 191
  • Loc Numberblks N S: 16
  • Lot Information: Fncd Bk Yd, Level, Plan Unit Dev, CC & R
  • Parcel Number: 55083.2716
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Mawn Thomas E
Bought by
Hobson Bryce K and Hobson Kimberyl A
Current Estimated Value
$500,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,695
Outstanding Balance
$234,488
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$266,297

Purchase Details

Listed on
Dec 21, 2013
Closed on
Feb 19, 2014
Sold by
Lyghts Manda A and Lyghts Corey B
Bought by
Mawn Thomas E
Seller's Agent
Sheri Tilton
RE/MAX of Spokane
Buyer's Agent
Whitney Schumacher
Keller Williams Spokane - Main
List Price
$197,500
Sold Price
$192,000
Premium/Discount to List
-$5,500
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$188,522
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2010
Sold by
Silbert Jan and Silbert Laura M
Bought by
Lyghts Manda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,220
Interest Rate
4.52%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2010
Sold by
Lyghts Corey
Bought by
Lyghts Manda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,220
Interest Rate
4.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 1999
Sold by
Homestead Construction Inc
Bought by
Silbert Jan and Silbert Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,974
Interest Rate
7.24%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Hobson Bryce K $317,000 Ticor Title Company
Mawn Thomas E $192,000 Spokane County Title Co
Lyghts Manda A $171,780 Spokane County Title Co
Lyghts Manda A -- Spokane County Title Co
Silbert Jan -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobson Bryce K $264,695
Previous Owner Mawn Thomas E $188,522
Previous Owner Lyghts Manda A $169,220
Previous Owner Silbert Jan $115,974
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2014 02/21/14 Sold $192,000 -2.8% $88 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
12/21/2013 12/21/13 For Sale $197,500 -- $91 / 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 $5,292 $475,600 $90,000 $385,600
2024 $5,292 $480,700 $85,000 $395,700
2023 $4,812 $485,700 $85,000 $400,700
2022 $4,509 $485,700 $85,000 $400,700
2021 $4,194 $322,000 $56,000 $266,000
2020 $3,558 $274,700 $53,000 $221,700
2019 $3,127 $246,500 $50,000 $196,500
2018 $3,439 $227,500 $45,000 $182,500
2017 $3,054 $203,700 $45,000 $158,700
2016 $2,929 $188,600 $40,000 $148,600
2015 $2,835 $178,900 $35,000 $143,900
2014 -- $172,300 $35,000 $137,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sheri Tilton

    Seller's Agent in 2014

    Sheri Tilton

    RE/MAX of Spokane

    (509) 280-3000

    12 in this area

    138 Total Sales

    Sheri Tilton
    Section Image
  • Whitney Schumacher

    Buyer's Agent in 2014

    Whitney Schumacher

    Keller Williams Spokane - Main

    (509) 251-0670

    5 in this area

    118 Total Sales

    Whitney Schumacher
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201327911

Spokane Association of REALTORS®

APN: 55083.2716

Washington Spokane County Spokane Valley 99016 Greenacres

1607 N Potomac River Ln, Spokane Valley, WA

This home is located at 1607 N Potomac River Ln, Spokane Valley, WA 99016 since 21 December 2013 and is currently estimated at $500,785, approximately $230 per square foot. This property was built in 1999. 1607 N Potomac River Ln is a home located in Spokane County with nearby schools including Greenacres Elementary School, Greenacres Middle School, and Central Valley High School.

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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