NOT LISTED FOR SALE

20721 W South Bank Rd Nine Mile Falls, WA 99026

Estimated Value: $1,207,398 - $1,403,000

7 Beds
6 Baths
7,542 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $665,000 $88 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,938/month

139 Days on Market

Highlights

  • RV Access or Parking
  • 10.07 Acre Lot
  • Wood Burning Stove
  • Lakeside High School Rated A-
  • Mountain View
  • Contemporary Architecture

About This Home

As of July 2018

Executive home on 10 private, treed acres just northwest of Spokane. This elegant 7 Bd, 6 bath luxurious home offers many high-end features, including gleaming hardwood floors, solid wood doors and upgraded mill work, granite counter tops. Apartment over the garage. Full finished basement with theatre room. AWESOME 40' x 60' shop w/ 14' door and additional lean-to. Property borders an extensive area of treed, undeveloped land for extra privacy. ATV for miles. 35 mins to airport, 20 mins. to Indian Trail.

Last Agent to Sell the Property

Alisha Krause

Professional Realty Services License #113859 Listed on: 02/21/2018

Professional Realty Services

Last Buyer's Agent

Cindy Hedin

Coldwell Banker Tomlinson License #35182

Coldwell Banker Tomlinson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,112

Year Built

  • Built in 2007

Lot Details

  • 10.07 Acre Lot
  • Secluded Lot
  • Level Lot
  • Partial Sprinkler System
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stone Exterior Construction
  • Hardboard

Interior Spaces

  • 7,542 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Formal Dining Room
  • Den
  • Mountain Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bedroom on Main
  • Primary Bedroom located in the basement
  • Walk-In Closet
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 3 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Water Softener
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • Building Patio
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 07125.9042

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,112

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Easement, Gravel
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 2007
  • Lvt Date: 02/21/2018
  • Geo Address Line: 20721 W South Bank Rd
  • Geo Primary City: Nine Mile Falls
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane County
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/30/2018 1:24:59 AM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 7542
  • Price Per Sq Ft: 88.17
  • Bathrooms: 6
  • Bedrooms: 7
  • Estimated First Floor Sq Ft: 3212
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 3.5
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 1118
  • Second Floor Bedrooms: 2
  • Second Floor Bathrooms: 1
  • Second Floor Family Room: 1
  • Basement: Finished, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Estimated Basement Sq Ft: 3212
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 2
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Wood Flr, Cath Cling, Vinyl Wn Fr, Cent Vac, In-Law Setup
  • Design: Contemp
  • Dining Room: Formal, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, 2nd Flr, Off Kit, Outside Ent, Great room, Den or Office
  • Features: Sec Alarm
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, Dbl Ovens, D/W, Refrig, Disposal, Microwave, Pantry, Kit Island
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, Bsmt, 1st Flr, 2nd Flr, 3rd Flr
  • Number of Family Rooms: 3
  • Number of Fireplaces: 1
  • Stove: Wood Burn

Exterior Features

  • Exterior: Stn Accent, Hardboard
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Carport, RV Parking, Shop Area, Opener, Oversized
  • Garage Size: 3

Utilities

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

Condo/Co-op/Association

  • Amenities: Deck, Patio, Wtr Sftnr, DSL

Schools

  • School District: Nine Mile Falls
  • School District: Nine Mile Falls

Lot Info

  • Acres Mol: 10.07
  • Estimated Lot Sq Ft: 438649
  • Loc Dir E W: w
  • Loc Numberblk E W: 207
  • Loc Numberblks N S: 188
  • Lot Information: View, Part Spr Sys, Treed, Level, Secluded
  • Lot View: Mountain
  • Parcel Number: 07125.9042
  • Site Improvements: Pvt Sewer, Swr Conn, Septic Sys, Well Installed, Irrigation

Tax Info

  • Taxes: 9112.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Raymond Reyes
Bought by
Thorpe Victoria Ann
Current Estimated Value
$1,280,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$612,646
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$667,954

Purchase Details

Closed on
May 14, 2020
Sold by
Reyes Raymond F
Bought by
Reyes Raymond F and Thorpe Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jul 16, 2018
Sold by
Thorpe Victoria
Bought by
Reyes Raymond F
Seller's Agent
Alisha Krause
Professional Realty Services
Buyer's Agent
Cindy Hedin
Coldwell Banker Tomlinson
List Price
$679,900
Sold Price
$665,000
Premium/Discount to List
-$14,900
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$115,183
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2015
Sold by
Kaler Duane S and Kaler Julie A
Bought by
Hays Richard D and Hays Shawn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2010
Sold by
Sterling Savings Bank
Bought by
Kaler Duane S and Kaler Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Mahanov Peter V and Mahanov Tatyana
Bought by
Sterling Savings Bank

Purchase Details

Closed on
Oct 3, 2006
Sold by
Makhanov Peter V and Makhanov Tatyana
Bought by
Mahanov Peter and Mahanov Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.75%
Mortgage Type
Construction
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
Thorpe Victoria Ann $313 First American Title
Reyes Raymond F -- Ticor Title Company
Reyes Raymond F -- First American Title Ins Co
Reyes Raymond F $665,000 First American Title Ins Co
Hays Richard D $505,000 First American Title Ins Co
Kaler Duane S $420,280 Stewart Title Of Spokane
Sterling Savings Bank $442,050 First American Title Ins
Mahanov Peter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorpe Victoria Ann $650,000
Previous Owner Reyes Raymond F $560,000
Previous Owner Reyes Raymond F $115,183
Previous Owner Reyes Raymond F $450,000
Previous Owner Hays Richard D $404,000
Previous Owner Kaler Duane S $336,000
Previous Owner Mahanov Peter $610,000
Previous Owner Mahanov Peter $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $665,000 -2.2% $88 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $679,900 +34.6% $90 / Sq Ft
06/05/2015 06/05/15 Sold $505,000 -3.8% $67 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $525,000 -- $70 / 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 $11,529 $1,465,450 $116,450 $1,349,000
2024 $11,529 $1,277,750 $116,450 $1,161,300
2023 $9,429 $1,079,440 $109,740 $969,700
2022 $9,429 $1,085,200 $115,500 $969,700
2021 $7,745 $732,610 $38,710 $693,900
2020 $8,367 $677,330 $31,930 $645,400
2019 $7,637 $628,830 $31,930 $596,900
2018 $9,112 $682,630 $31,930 $650,700
2017 $6,374 $492,030 $31,930 $460,100
2016 $8,012 $589,330 $60,630 $528,700
2015 $7,816 $553,430 $60,630 $492,800
2014 -- $539,130 $58,430 $480,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201812141

Spokane Association of REALTORS®

APN: 07125.9042