M
Seller's Agent in 2022
Mike Apele
Choice Realty
25612 E Olympic Ave Newman Lake, WA 99025
Otis Orchards-East Farms NeighborhoodEstimated Value: $475,000 - $503,000
4
Beds
2
Baths
1,856
Sq Ft
$266/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Main Floor Primary Bedroom
- Community Pool
- Contemporary Architecture
- No HOA
- Oversized Lot
About This Home
As of June 2022Come see this stunning meticulously maintained 4-Bdrm/2-Bth home with an amazing shop, HUGE fenced backyard, above ground pool, dog run, and prime location situated equidistantly between Liberty Lake, Otis Orchards, Newman Lake, & Post Falls. You can beat it at this incredible price and you won't find a nicer home with this much space and so many amenities. The insulated shop is heated by pellet stove and features a dog door to the fenced dog run behind the shop. Seller will be including rollup metal door for lean-to behind shop, along with brand new LVP flooring that they had planned to use to update kitchen, upstairs hallway, upstairs living room, and stairway between upstairs and downstairs. Shop available for viewing with accepted offer. Come see this place before it's gone...you will not be disappointed!
Last Agent to Sell the Property
Mike Apele
Choice Realty License #110029 Listed on: 05/01/2022
Last Buyer's Agent
Natalie Voigt
Keller Williams Spokane - Main License #TY18025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,275
Year Built
- Built in 1984
Lot Details
- 0.53 Acre Lot
- Back Yard Fenced
- Oversized Lot
- Level Lot
- Open Lot
- Irrigation
- Landscaped with Trees
Home Design
- Contemporary Architecture
- Split Level Home
- Composition Roof
- Wood Siding
Interior Spaces
- 1,856 Sq Ft Home
- 2-Story Property
- Dining Room
Kitchen
- Free-Standing Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 2 Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
- Laundry in Basement
Parking
- 2 Car Detached Garage
- Workshop in Garage
- Garage Door Opener
- RV Access or Parking
Outdoor Features
- Storage Shed
- Shop
Schools
- East Farms Elementary School
- East Valley Middle School
- East Valley High School
Utilities
- Cooling Available
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Septic System
- High Speed Internet
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 56363.1606
Community Details
Recreation
- Community Pool
Additional Features
- No Home Owners Association
- Community Deck or Porch
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2022
Closed on
Jun 8, 2022
Sold by
Franks Jeffrey D and Franks Marissa
Bought by
French Justin and French Marena
Seller's Agent
Mike Apele
Choice Realty
Buyer's Agent
Natalie Voigt
Keller Williams Spokane - Main
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,583
Avg. Annual Appreciation
-1.81%
Original Mortgage
$19,982
Outstanding Balance
$19,169
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$465,805
Purchase Details
Listed on
Sep 13, 2019
Closed on
Oct 31, 2019
Sold by
Cre Newark Llc
Bought by
Franks Jeffrey D and Morris Marissa
Seller's Agent
Noah Ullah
Realty One Group Eclipse
Buyer's Agent
Bo Apele
Professional Realty Services
List Price
$295,000
Sold Price
$278,000
Premium/Discount to List
-$17,000
-5.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.53%
Original Mortgage
$194,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2019
Sold by
First Interstate Bank
Bought by
Cre Newark Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,750
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 1, 2019
Sold by
Inland Capital Fund Llc
Bought by
Cre Newark Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,750
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 27, 2019
Sold by
Cantrell Marc D
Bought by
Cre Newark Llc and Iknland Capital Fund Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,750
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 3, 2008
Sold by
Cantrell Joanna Jo
Bought by
Cantrell Marc Douglas
Purchase Details
Closed on
Dec 22, 2003
Sold by
Cantrell Marc D
Bought by
Cantrell Marc D and Cantrell Joanna J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 1997
Sold by
Cantrell Alice L and Childers Alice L
Bought by
Cantrell Marc D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
8.15%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| French Justin | -- | Vista Title And Escrow Llc | |
| Franks Jeffrey D | $278,000 | First American Title Ins Co | |
| Cre Newark Llc | -- | None Available | |
| Cre Newark Llc | -- | None Available | |
| Cre Newark Llc | -- | None Available | |
| Cantrell Marc Douglas | -- | None Available | |
| Cantrell Marc D | -- | Pacific Nw Title | |
| Cantrell Marc D | -- | Pacific Nw Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | French Justin | $19,982 | |
| Open | French Justin | $499,550 | |
| Previous Owner | Franks Jeffrey D | $194,000 | |
| Previous Owner | Cre Newark Llc | $25,750 | |
| Previous Owner | Cre Newark Llc | $177,778 | |
| Previous Owner | Cantrell Marc D | $132,000 | |
| Previous Owner | Cantrell Marc D | $78,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2022 06/16/22 | Sold | $515,000 | +3.0% | $277 / Sq Ft |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 05/01/2022 05/01/22 | For Sale | $499,900 | +79.8% | $269 / Sq Ft |
| 11/01/2019 11/01/19 | Sold | $278,000 | -0.7% | $150 / Sq Ft |
| 10/09/2019 10/09/19 | Pending | -- | -- | -- |
| 10/04/2019 10/04/19 | Price Changed | $279,900 | -3.1% | $151 / Sq Ft |
| 09/26/2019 09/26/19 | Price Changed | $289,000 | -2.0% | $156 / Sq Ft |
| 09/13/2019 09/13/19 | For Sale | $295,000 | -- | $159 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 | $4,275 | $434,200 | $95,000 | $339,200 |
| 2024 | $4,275 | $436,800 | $85,000 | $351,800 |
| 2023 | $3,599 | $436,300 | $80,000 | $356,300 |
| 2022 | $3,580 | $365,500 | $75,000 | $290,500 |
| 2021 | $3,327 | $261,400 | $55,000 | $206,400 |
| 2020 | $2,714 | $198,800 | $50,000 | $148,800 |
| 2019 | $2,464 | $183,400 | $45,000 | $138,400 |
| 2018 | $2,441 | $169,300 | $40,000 | $129,300 |
| 2017 | $2,345 | $163,300 | $40,000 | $123,300 |
| 2016 | $2,184 | $153,600 | $35,000 | $118,600 |
| 2015 | $2,261 | $154,000 | $35,000 | $119,000 |
| 2014 | -- | $149,100 | $35,000 | $114,100 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2022
Natalie Voigt
Keller Williams Spokane - Main
-
Noah Ullah
Seller's Agent in 2019
Noah Ullah
Realty One Group Eclipse
(509) 401-8381
23 Total Sales
-
B
Buyer's Agent in 2019
Bo Apele
Professional Realty Services
Map
Source: Spokane Association of REALTORS®
MLS Number: 202214861
APN: 56363.1606
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.
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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