NOT LISTED FOR SALE

20423 N Little Spokane Dr Colbert, WA 99005

Estimated Value: $619,000 - $676,000

3 Beds
1 Bath
2,566 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $100,000 $39 Per Sq Ft

Est. 536% increase in value since last sale

Current estimated payment $3,986/month

69 Days on Market

Highlights

  • River Front
  • Home fronts a pond
  • Workshop
  • Colbert Elementary School Rated A-
  • 3 Fireplaces
  • Den

About This Home

As of May 2015

Amazing location almost 300 feet of frontage on the Little Spokane River makes this home a great find. The home sits on an acre and a half and features 3 bedrooms, 1 bathroom and a great rear deck that overlooks the river. Several other outbuildings on the property. Bring your toolbox and build equity.

Last Agent to Sell the Property

Tom Hormel

RE/MAX Inland Empire License #21030532 Listed on: 02/06/2015

RE/MAX Inland Empire

Last Buyer's Agent

Tom Hormel

RE/MAX Inland Empire License #21030532 Listed on: 02/06/2015

RE/MAX Inland Empire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156

Year Built

  • Built in 1942

Lot Details

  • 1.5 Acre Lot
  • Home fronts a pond
  • River Front
  • Oversized Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Property Views

  • Water
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,566 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room
  • Den
  • <<builtInRangeToken>>

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Partially Finished Basement

  • Workshop
  • Basement with some natural light

Outdoor Features

  • Shop

Schools

  • Colbert Elementary School
  • Mountain Side Middle School
  • Mt Spokane High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • 200+ Amp Service
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 37161.9019

Home Details

Home Type

Single Family

Est. Annual Taxes

$156

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1942
  • Geo Address Line: 20423 N Little Spokane Dr
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/20/2015 7:27:45 PM
  • Geo Zoom Level: 15
  • Sr High: Mt Spokane
  • Year Renovated: 1963
  • Jr High: Mountain Side
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2566
  • Price Per Sq Ft: 38.97
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1590
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • First Floor Fireplace: 3
  • Basement: Partial, Unfinished, Daylight, Workshop
  • Estimated Basement Sq Ft: 966
  • Basement: Yes
  • Special Features: Mn Flr Util
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr, Off Kit, Outside Ent, Den or Office
  • Features: 200 AMP
  • Fireplace: Gas, Wood
  • Kitchen Appliances: Blt in R/O
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 3

Exterior Features

  • Body of Water Name: Little Spokane River
  • Exterior: Wood
  • Frontage: Primary
  • Out Buildings: Shop
  • Roof: Comp
  • Waterfront Property: Riverfrt, Pond

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Elec, Forced Air, Htpump, Cent A/C
  • Power Company: Avista

Schools

  • School District: Mead
  • Elementary School: Colbert
  • Middle School: Mountain Side
  • High School: Mt Spokane
  • School District: Mead
  • Elementary School: Colbert

Lot Info

  • Acres Mol: 1.5
  • Estimated Lot Sq Ft: 65340
  • Lot Information: View, Level, Oversized
  • Lot View: Territorial, Water
  • Parcel Number: 37161.9019
  • Site Improvements: Septic Sys, Well Installed

Tax Info

  • Tax Database Id: 1
  • Taxes: 156
  • Assessor Parcel Number: 37161.9019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
May 18, 2015
Sold by
Bledsoe Helen B
Bought by
Little Spokane Drive Riverfront Llc
Seller's Agent
Tom Hormel
RE/MAX Inland Empire
Buyer's Agent
Tom Hormel
RE/MAX Inland Empire
List Price
$225,000
Sold Price
$100,000
Premium/Discount to List
-$125,000
-55.56%
Current Estimated Value
$636,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,084
Avg. Annual Appreciation
20.21%
Original Mortgage
$198,240
Outstanding Balance
$153,980
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$495,982
Source: Public Records

Range of Values:

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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
Little Spokane Drive Riverfront Llc $100,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Spokane Drive Riverfron $90,000
Closed Little Spokane Drive Riverfront Llc $50,300
Closed Little Spokane Drive Riverfron $50,000
Closed Little Spokane Drobe Riverfront Llc $50,000
Closed Little Spokane Drive Riverfront Llc $40,000
Closed Little Spokane Drive Riverfront Llc $75,000
Open Little Spokane Drive Riverfront Llc $198,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2015 05/19/15 Sold $100,000 -55.6% $39 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $225,000 -- $88 / 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 $5,674 $588,500 $177,500 $411,000
2024 $5,674 $558,700 $112,500 $446,200
2023 $5,252 $541,800 $112,500 $429,300
2022 $5,020 $575,900 $106,000 $469,900
2021 $4,452 $419,700 $96,000 $323,700
2020 $4,215 $376,800 $96,000 $280,800
2019 $4,327 $390,600 $96,000 $294,600
2018 $2,231 $167,200 $91,500 $75,700
2017 $2,953 $224,100 $91,500 $132,600
2016 $2,986 $221,900 $91,500 $130,400
2015 $2,867 $218,830 $88,130 $130,700
2014 -- $213,630 $88,130 $125,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201511834

Spokane Association of REALTORS®

APN: 37161.9019