$1,500,000
SOLD JUL 22, 2021
5 Beds
4 Baths
5,412 Sq Ft
11.38 Acres

Recently Sold

$277 Per Sq Ft

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Mountain View
  • Northwood Middle School Rated A-
  • 11.38 Acre Lot
  • Ranch Style House

About This Home

As of July 2021

This home is located at 18508 N Gala Ln, Colbert, WA 99005 and is currently priced at $1,500,000, approximately $277 per square foot. This property was built in 2017. 18508 N Gala Ln is a home located in Spokane County with nearby schools including Brentwood Elementary School, Northwood Middle School, and Mead Senior High School.

Last Agent to Sell the Property

Julianne Lease

Realty One Group Eclipse License #106256 Listed on: 06/03/2021

Realty One Group Eclipse

Last Buyer's Agent

Tom Parrish

Keller Williams Spokane - Main License #103887

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,665

Year Built

  • Built in 2017

Lot Details

  • 11.38 Acre Lot
  • Level Lot
  • Partial Sprinkler System
  • Hillside Location
  • Landscaped with Trees

Property Views

  • Mountain
  • Territorial

Home Design

  • Ranch Style House
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 5,412 Sq Ft Home
  • Wet Bar
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Formal Dining Room
  • Radiant Floor

Kitchen

  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Basement

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

Parking

  • 4 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Well
  • Septic System

Additional Features

  • Shop
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 27241.9102

Community Details

Overview

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

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,665

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pvt Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 2017
  • Lvt Date: 06/03/2021
  • Common Interest Community: No
  • Geo Address Line: 18508 N Gala Ln
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/3/2021 11:13:19 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2020

Interior Features

  • Total Approx Sq Ft: 5412
  • Price Per Sq Ft: 277.16
  • Bathrooms: 4
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 2751
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2.5
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Estimated Basement Sq Ft: 2661
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 3
  • Basement Bathrooms: 1
  • Basement Family Room: 2
  • Basement Fireplace: 1
  • Special Features: Mn Flr Util, Wood Flr, Vinyl Wn Fr, Cent Vac, In-Law Setup
  • Design: Rancher
  • Dining Room: Formal, Informal, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Outside Ent, Wet Bar
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, Fr Stnd Rng, Dbl Ovens, D/W, Refrig, Disposal, Microwave, Pantry, Kit Island, Hrd Surface Counters
  • Primary Bedroom: Wlkin Clst, Full Bath, Dbl Sinks, 1st Flr, Garden Tub
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Stn Accent, Fiber Cement
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Detached, RV Parking, Opener, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Radiant-Flr, Cent A/C, Hi Eff Furn (>90%)
  • Power Company: Inland
  • Water Company: Well

Condo/Co-op/Association

  • Amenities: Deck, Patio

Schools

  • School District: Mead

Lot Info

  • Acres Mol: 11.38
  • Estimated Lot Sq Ft: 495713
  • Loc Dir E W: W
  • Loc Numberblk E W: 5
  • Loc Numberblks N S: 190
  • Lot Information: View, Part Spr Sys, Treed, Level, Hillside, CC & R, Horses Allowed
  • Lot View: Mountain, Territorial
  • Parcel Number: 27241.9102
  • Site Improvements: Septic Sys, Well Installed

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 27241.9102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 15, 2021
Sold by
Kosa David and Kosa Phyllis
Bought by
Peak Vincent
Seller's Agent
Julianne Lease
Realty One Group Eclipse
Buyer's Agent
Tom Parrish
Keller Williams Spokane - Main
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,590,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,529
Avg. Annual Appreciation
1.14%
Original Mortgage
$1,100,000
Outstanding Balance
$1,005,410
Interest Rate
2.96%
Mortgage Type
VA
Estimated Equity
$564,812

Purchase Details

Listed on
Feb 15, 2019
Closed on
Aug 20, 2019
Sold by
Ferguson Kelley and Ferguson Tracy
Bought by
Kosa David and Kosa Phyllis
Seller's Agent
Teresa Jaynes
Windermere City Group
Buyer's Agent
DJ Johnson
Tomlinson Sotheby's Intrntl RE
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.86%

Purchase Details

Closed on
May 14, 2018
Sold by
Ferguson Kelley and Ferguson Tracy B
Bought by
Gerguson Bill

Purchase Details

Closed on
Mar 16, 2017
Sold by
G & E Development Llc
Bought by
Ferguson Kelley and Ferguson Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,562
Interest Rate
4.3%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 Vincent Peak A Single Man
Warranty Deed $950,000 Vista Title & Escrow Llc
Quit Claim Deed -- None Available
Warranty Deed $132,975 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $1,100,000 VA
Previous Owner $537,562 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $1,500,000 0.0% $277 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $1,500,000 +57.9% $277 / Sq Ft
08/22/2019 08/22/19 Sold $950,000 -3.6% $176 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/13/2019 06/13/19 Price Changed $985,000 -1.0% $182 / Sq Ft
03/22/2019 03/22/19 Price Changed $995,000 -9.5% $184 / Sq Ft
02/15/2019 02/15/19 For Sale $1,100,000 -- $203 / 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 $14,665 $1,292,130 $204,330 $1,087,800
2024 $14,665 $1,456,150 $192,550 $1,263,600
2023 $14,042 $1,503,250 $190,550 $1,312,700
2022 $11,382 $1,552,450 $190,550 $1,361,900
2021 $10,190 $968,750 $134,450 $834,300
2020 $9,777 $881,800 $130,000 $751,800
2019 $7,149 $651,500 $130,000 $521,500
2018 $1,908 $145,400 $115,000 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202116600

Spokane Association of REALTORS®

APN: 27241.9102