NOT LISTED FOR SALE

2020 W Gibbs Rd Spokane, WA 99224

Estimated Value: $390,000 - $547,085

4 Beds
1 Bath
2,000 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $475,000 $238 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,270/month

25 Days on Market

Highlights

  • Barn
  • Wood Burning Stove
  • Ranch Style House
  • RV Access or Parking
  • Territorial View
  • No HOA

About This Home

As of September 2022

Live close in on acreage with a horse set up! This home has been well cared for. Just a few minutes drive to the grocery store, Latah Bistro and Chaps. Close to downtown Spokane for Broadway shows and fine dining! This Farmhouse has a large kitchen for family gatherings. Master bedroom with bath and laundry. Wood floors. Fireplace and wood stove. 3 out buildings including a shop with lots of room, a second extra-large building to store equipment or R.V. and a Garage. Bring all the toys! Chicken coop, garden area and hay barn with paddock! Additional 10 acres (mol)of land is available for purchase.

Last Agent to Sell the Property

Lori Sowl

Kelly Right Real Estate of Spokane License #23913 Listed on: 07/28/2022

Last Buyer's Agent

Susan Denny

Windermere City Group License #131883

Windermere City Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1947

Lot Details

  • 9 Acre Lot
  • Fenced
  • Level Lot
  • Partial Sprinkler System
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Dining Room
  • Territorial Views
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Storage Shed
  • Shop

Schools

  • Liberty Elementary School
  • Liberty High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horse Setup
  • Hay Storage

Utilities

  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24244.9026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,355

Year Built

Built in 1947

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Gravel
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1947
  • Lvt Date: 07/28/2022
  • Common Interest Community: Yes
  • Geo Address Line: 2020 W Gibbs Rd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/28/2022 11:22:36 AM
  • Geo Zoom Level: 15
  • Sr High: Liberty
  • Allow Public Comments: Yes
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2000
  • Price Per Sq Ft: 237.5
  • Bathrooms: 1
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1200
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Fireplace: 1
  • Basement: Partial, Finished
  • Estimated Basement Sq Ft: 700
  • Basement: Yes
  • Basement Bedrooms: 2
  • Special Features: Mn Flr Util, Wood Flr
  • Design: Rancher
  • Dining Room: Informal, Eat Bar
  • Features: 200 AMP
  • Fireplace: Masonry
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Trash Comp, Washer, Dryer
  • Primary Bedroom: Full Bath, 1st Flr
  • Number of Fireplaces: 1
  • Stove: Wood Burn

Exterior Features

  • Exterior: Vinyl
  • Out Buildings: Shop, Barn, Stge Shd, Hay, Horse Setup
  • Roof: Comp

Garage/Parking

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

Utilities

  • Heating/Cooling: Oil

Schools

  • School District: Liberty
  • Elementary School: Liberty
  • High School: Liberty
  • School District: Liberty
  • Elementary School: Liberty

Lot Info

  • Acres Mol: 9
  • Estimated Lot Sq Ft: 373744
  • Loc Dir E W: w
  • Loc Numberblk E W: 20
  • Loc Numberblks N S: 112
  • Lot Information: Part Spr Sys, Treed, Level, Fenced
  • Lot View: Territorial
  • Parcel Number: 24244.9026
  • Site Improvements: Septic Sys, Well Installed

Tax Info

  • Tax Database Id: 1
  • Taxes: 1354.89
  • Assessor Parcel Number: 24244.9026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 13, 2022
Sold by
Flaig Amy M
Bought by
Lamp Amanda
Seller's Agent
Lori Sowl
Kelly Right Real Estate of Spokane
Buyer's Agent
Susan Denny
Windermere City Group
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
3
Current Estimated Value
$532,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,048
Avg. Annual Appreciation
3.93%
Original Mortgage
$380,000
Outstanding Balance
$364,239
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$166,733
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
Lamp Amanda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamp Amanda $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $475,000 -5.0% $238 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $500,000 -- $250 / 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 $3,986 $480,590 $216,590 $264,000
2024 $3,986 $475,200 $214,800 $260,400
2023 $3,152 $452,520 $171,220 $281,300
2022 $1,355 $387,040 $168,640 $218,400
2021 $1,353 $258,630 $94,030 $164,600
2020 $1,397 $229,480 $85,480 $144,000
2019 $692 $209,980 $76,480 $133,500
2018 $2,395 $195,280 $76,480 $118,800
2017 $1,975 $168,430 $51,730 $116,700
2016 $1,699 $157,230 $51,730 $105,500
2015 $1,751 $153,230 $51,730 $101,500
2014 -- $145,300 $48,600 $96,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Sowl

    Seller's Agent in 2022

    Lori Sowl

    Kelly Right Real Estate of Spokane

    (844) 535-5974

    59 Total Sales

    Section Image
  • Susan Denny

    Buyer's Agent in 2022

    Susan Denny

    Windermere City Group

    (509) 951-0035

    49 Total Sales

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202220182

Spokane Association of REALTORS®

APN: 24244.9026

Washington Spokane County Spokane 99224

2020 W Gibbs Rd, Spokane, WA

This home is located at 2020 W Gibbs Rd, Spokane, WA 99224 since 28 July 2022 and is currently estimated at $494,021, approximately $247 per square foot. This property was built in 1947. 2020 W Gibbs Rd is a home located in Spokane County with nearby schools including Liberty Elementary/Junior High School and Liberty 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.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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