NOT LISTED FOR SALE

1607 S Newer Ln Unit 1607 S Newer Spokane Valley, WA 99037

Estimated Value: $396,000 - $515,000

3 Beds
3 Baths
2,592 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $318,559 $123 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,994/month

54 Days on Market

Highlights

  • RV Access or Parking
  • Gated Community
  • Secluded Lot
  • Active Adult
  • Back to Public Ground
  • Park or Greenbelt View

About This Home

As of October 2020

Beautiful and spacious 3 bed 3 bath home in a 55+ gated community. Located close to shopping and entertainment in quiet residential neighborhood. Excellent floor plan that lives like a rancher with a bonus lower level. Main level includes master suite with bathroom and walk-in closet, plus additional bedroom, bathroom, living room, fireplace, dining area, kitchen, laundry, and a lovely deck overlooking green space. Lower level includes a spacious guest suite with bedroom, bathroom, living room, ample storage, and hobby workspace. Easy entry from the attached two car garage. Efficient gas heat, dryer, and fireplace. Central air. HOA provides all outdoor maintenance plus club house, scheduled activities, and onsite RV/Boat parking available. Small pets allowed. Ready to move in with new carpeting and professional cleaning.

Last Agent to Sell the Property

Suzette McGoldrick

Key Properties License #2815 Listed on: 07/24/2020

Key Properties

Last Buyer's Agent

Tiffany Ferraro

Amplify Real Estate Services License #120093

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,340

Year Built

  • Built in 2002

Lot Details

  • 3,786 Sq Ft Lot
  • Back to Public Ground
  • Cul-De-Sac
  • Fenced
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Park or Greenbelt Views

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Grab Bars
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 45261.5419

Community Details

Overview

  • Active Adult
  • Association fees include accounting, fire & liab, comm elem maint, grounds maint, management
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Additional Features

  • Community Deck or Porch
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,340

Year Built

Built in 2002

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Accessibility: Grab Bars
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 2002
  • Lvt Date: 07/24/2020
  • Common Interest Community: Yes
  • Geo Address Line: 1607 S Newer Ln
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/24/2020 10:50:24 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Total Approx Sq Ft: 2592
  • Price Per Sq Ft: 122.9
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1296
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1.75
  • First Floor Fireplace: 1
  • Basement: Full, Part Fin, Daylight, Fam/Rec Rm, Workshop
  • Estimated Basement Sq Ft: 1296
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Cath Cling, Nat Wdwrk, Skylight, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Formal, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Great room
  • Features: Breakers
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Disposal, Pantry, Washer, Dryer
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

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

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Vera

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Gas Hot Wtr, Cable Internet
  • Condo/PUD Features: Grnd Level, Pets, Gated
  • Condo/PUD Maintenance Fee Pays: Accounting, Fire & Liab, Comm elem maint, Grounds Maint, Management
  • Seniors Only: Yes

Schools

  • School District: Central Valley
  • Middle School: Evergreen
  • High School: Central Valley

Lot Info

  • Acres Mol: 0.09
  • Estimated Lot Sq Ft: 3786
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 155
  • Loc Numberblks N S: 17
  • Lot Information: Spr Sys, Level, Secluded, Open, Culdesac, Comn Grnd, Plan Unit Dev, CC & R, Fenced
  • Lot View: Park
  • Monthly Assessment: 230
  • Parcel Number: 45261.5419
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 3340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 16, 2020
Sold by
Chartier Michael and Estate Of Richrd Robert Charti
Bought by
Pounds Robert B and Naff Kathleen J
Seller's Agent
Suzette McGoldrick
Key Properties
Buyer's Agent
Tiffany Ferraro
Amplify Real Estate Services
List Price
$335,000
Sold Price
$318,559
Premium/Discount to List
-$16,441
-4.91%
Current Estimated Value
$450,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,707
Avg. Annual Appreciation
7.24%
Original Mortgage
$254,847
Outstanding Balance
$226,260
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$224,006

Purchase Details

Closed on
Mar 16, 2005
Sold by
Carlson Charles G and Carlson Mathilda
Bought by
Chartier Richard Robert and Chartier Frances Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Richardson Homes Inc
Bought by
Carlson Charles G and Carlson Mathilda
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
Pounds Robert B $318,559 First American Title
Chartier Richard Robert $165,000 First American Title Ins
Carlson Charles G -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pounds Robert B $254,847
Previous Owner Chartier Richard Robert $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold $318,559 +3.1% $123 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $309,000 -3.1% $119 / Sq Ft
08/21/2020 08/21/20 Price Changed $319,000 -3.3% $123 / Sq Ft
08/05/2020 08/05/20 Price Changed $329,900 -1.5% $127 / Sq Ft
07/24/2020 07/24/20 For Sale $335,000 -- $129 / 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 $4,507 $401,200 $95,000 $306,200
2024 $4,507 $423,500 $90,000 $333,500
2023 $4,043 $468,800 $90,000 $378,800
2022 $3,747 $423,600 $75,000 $348,600
2021 $3,631 $291,500 $55,000 $236,500
2020 $3,340 $272,200 $55,000 $217,200
2019 $2,892 $246,000 $40,000 $206,000
2018 $3,317 $234,700 $40,000 $194,700
2017 $3,039 $218,800 $40,000 $178,800
2016 $2,978 $207,800 $40,000 $167,800
2015 $2,869 $196,700 $40,000 $156,700
2014 -- $187,500 $40,000 $147,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202019386

Spokane Association of REALTORS®

APN: 45261.5419