NOT LISTED FOR SALE

20407 N Newport Rd Colbert, WA 99005

Estimated Value: $509,000 - $592,000

4 Beds
3 Baths
2,392 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $480,000 $201 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,439/month

26 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Main Floor Primary Bedroom
  • Colbert Elementary School Rated A-
  • RV Access or Parking
  • 2 Fireplaces

About This Home

As of November 2022

Something for everyone in this close in, ready to go 2.25 acre homestead w/large 3 bay barn/shop w/an oversized horse stall! Just bring animals, your green thumb, or your garage toys! Gorgeous flat, dry property, with stunning pines and back pasture; fully fenced and gated w/cross fence. Deer-proof fenced garden, root cellar and darling addt’l fenced animal enclosure w/connected shelter. Farmhouse has updated kitchen w/granite and SS appliances. Main floor master suite and attached office/bonus space. Large rec room downstairs w/several multiple use rooms in basement with walkout. Brand new 50-year roof and new mini-split heat and A/C system! 2nd 1-bedroom septic system for possible ADU! And if that’s not enough - this gem is in Whitworth Water District and the top-rated Mead School District! Wonderful neighborhood of homes on acreage, only 9 minutes to Costco! Close to Wandermere shopping and Hwy 395! Priced to sell!

Last Listed By

April DeNike

Live Real Estate, LLC License #83034 Listed on: 09/15/2022

Live Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 1970

Lot Details

  • 2.24 Acre Lot
  • Back and Front Yard Fenced
  • Oversized Lot
  • Level Lot
  • Garden

Home Design

  • Split Level Home
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room with entrance to outdoor space
  • Den
  • Dryer

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • 3 Bathrooms

Basement

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

Parking

  • 1 Car Attached Garage
  • Carport
  • Workshop in Garage
  • RV Access or Parking

Schools

  • Colbert Elementary School
  • Mountainside Middle School
  • Mt Spokane High School

Horse Facilities and Amenities

  • Horse Setup
  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heating Available
  • 200+ Amp Service
  • Septic System
  • Internet Available

Additional Features

  • Storage Shed
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 37151.0152

Community Details

Overview

  • No Home Owners Association

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,236

Year Built

Built in 1970

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 1970
  • Lvt Date: 09/15/2022
  • Common Interest Community: No
  • Geo Address Line: 20407 N Newport Rd
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/15/2022 4:05:02 PM
  • Geo Zoom Level: 15
  • Sr High: Mt Spokane
  • Year Renovated: 2022
  • Jr High: Mountainside
  • Allow Public Comments: No
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2392
  • Price Per Sq Ft: 200.67
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 4
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Fam/Rec Rm, Lndry, Outside Entr
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 2
  • Basement Fireplace: 1
  • Special Features: Vinyl Wn Fr, Multi Pn Wn
  • Family/Recreation Room: Bsmt, Outside Ent, Den or Office
  • Features: 200 AMP
  • Fireplace: Wood
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Microwave, Kit Island, Dryer, Hrd Surface Counters
  • Primary Bedroom: Dbl Clst, 3/4 Bath, 1st Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 2

Exterior Features

  • Exterior: Hardboard
  • Out Buildings: Barn, Stge Shd, Horse Setup
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Carport, Slab, RV Parking, Shop Area
  • Garage Size: 1

Utilities

  • Heating/Cooling: Elec
  • Power Company: Avista
  • Water Company: Whitworth

Condo/Co-op/Association

  • Amenities: Deck, Patio, Other Intrnet/See Remarks

Schools

  • School District: Mead
  • Elementary School: Colbert
  • Middle School: Mountainside
  • High School: Mt Spokane
  • School District: Mead
  • Elementary School: Colbert

Lot Info

  • Acres Mol: 2.24
  • Estimated Lot Sq Ft: 97574
  • Loc Dir E W: E
  • Loc Numberblk E W: 36
  • Loc Numberblks N S: 204
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Level, Oversized, Horses Allowed, Garden
  • Parcel Number: 37151.0152
  • Site Improvements: Septic Sys, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 4236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 27, 2022
Sold by
Madsen Randy L and Madsen Rebecca J
Bought by
Gilchrist James Todd and Gilchrist Saudia Maria
Seller's Agent
April DeNike
Live Real Estate, LLC
Buyer's Agent
Crystal Delaney
eXp Realty, LLC
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Total Days on Market
26
Views
22
Current Estimated Value
$547,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,603
Avg. Annual Appreciation
5.41%
Original Mortgage
$480,000
Interest Rate
6.7%
Mortgage Type
VA

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 6, 2020
Sold by
Brown Ilknur
Bought by
Madson Randy L and Madson Rebecca J
Seller's Agent
Ilknur Brown
Coldwell Banker Tomlinson
Buyer's Agent
MISC MISC
Edwards Real Estate Group
List Price
$410,000
Sold Price
$387,500
Premium/Discount to List
-$22,500
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$290,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2015
Closed on
Nov 13, 2015
Sold by
Blain Construction Company Inc
Bought by
Brown Ilknur
Seller's Agent
DAN MCGUIRE
Kelly Right Real Estate of Spokane
Buyer's Agent
Laurie Allen
REAL Broker LLC
List Price
$245,000
Sold Price
$219,900
Premium/Discount to List
-$25,100
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Original Mortgage
$201,373
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 13, 2015
Closed on
Nov 5, 2015
Sold by
Brown Kevin A and Brown Ilknur
Bought by
Brown Ilknur
Seller's Agent
DAN MCGUIRE
Kelly Right Real Estate of Spokane
Buyer's Agent
Laurie Allen
REAL Broker LLC
List Price
$245,000
Sold Price
$219,900
Premium/Discount to List
-$25,100
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,373
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2014
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Blaine Construction Company Inc

Purchase Details

Closed on
Jan 23, 2014
Sold by
Bowe Curtis and Bowe Candace
Bought by
The Bank Of New York Mellon Trust Compan

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
Gilchrist James Todd -- --
Madson Randy L $387,500 Wfg National Title Co
Brown Ilknur $219,900 First American Title Ins Co
Brown Ilknur -- First American Title Ins Co
Blaine Construction Company Inc $136,150 Stewart Title
The Bank Of New York Mellon Trust Compan $151,854 Nextitle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilchrist James Todd $491,950
Closed Gilchrist James Todd $480,000
Previous Owner Madson Randy L $290,625
Previous Owner Brown Ilknur $217,000
Previous Owner Brown Ilknur $201,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $480,000 +0.2% $201 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $479,000 -4.0% $200 / Sq Ft
09/15/2022 09/15/22 For Sale $499,000 +28.8% $209 / Sq Ft
10/22/2020 10/22/20 Sold $387,500 -3.1% $162 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/04/2020 08/04/20 Price Changed $399,900 -2.5% $167 / Sq Ft
07/29/2020 07/29/20 For Sale $410,000 0.0% $171 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $410,000 +86.4% $171 / Sq Ft
11/20/2015 11/20/15 Sold $219,900 -10.2% $92 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $245,000 -- $102 / 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
2024 $4,650 $456,700 $85,000 $371,700
2023 $4,205 $462,500 $85,000 $377,500
2022 $4,236 $459,800 $85,000 $374,800
2021 $3,398 $319,200 $65,000 $254,200
2020 $3,391 $302,200 $65,000 $237,200
2019 $2,830 $254,020 $61,120 $192,900
2018 $3,210 $242,120 $58,120 $184,000
2017 $3,047 $231,320 $58,120 $173,200
2016 $1,784 $131,220 $43,520 $87,700
2015 $2,853 $217,700 $42,400 $175,300
2014 -- $210,900 $42,400 $168,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Spokane Association of REALTORS®

MLS Number: 202222728

Spokane Association of REALTORS®

APN: 37151.0152