NOT LISTED FOR SALE

3403 E Bridle Trail Rd Colbert, WA 99005

Estimated Value: $865,031 - $973,000

5 Beds
4 Baths
5,626 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $820,000 $146 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,810/month

2 Days on Market

Highlights

  • Horses Allowed On Property
  • Colonial Architecture
  • 2 Fireplaces
  • Colbert Elementary School Rated A-
  • Secluded Lot
  • Separate Formal Living Room

About This Home

As of August 2021

Grand two-acre Colonial estate, in the highly sought-after Summerwood neighborhood! Appreciate summers again with the beautiful in-ground pool, lush, mature landscaping and spacious back deck. Boasting over 5600 square feet of living space, this home is an entertainer's dream! Main floor features an open kitchen with slate floors, an industrial Garland Restaurant 6-burner kitchen range, formal and informal dining, two living rooms, PLUS a large office. Walk up the impressive staircase to find the primary suite, massive laundry room and two bedrooms connected to a jack-and-jill bathroom. The full daylight basement contains two additional massive bedrooms, another living area, a separate gym space, and all of the storage one could dream of! Containing two parcels, this corner lot has power accessible and is ready for you to build your ideal shop or barn complex. Bring your whole family, your friends and your horses, and transform this estate into your dream home! Don't forget to check the 3D tour!

Last Listed By

Taci VanLeuven Riddle

eXp Realty, LLC License #123348 Listed on: 07/09/2021

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,761

Year Built

  • Built in 1987

Lot Details

  • 1.98 Acre Lot
  • Back Yard Fenced
  • Secluded Lot
  • Corner Lot
  • Oversized Lot
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Composition Roof
  • Hardboard

Interior Spaces

  • 5,626 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Separate Formal Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Dual Closets
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Basement

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

Home Security

  • Home Security System
  • Security Lights

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • 400 Amp
  • Gas Water Heater
  • Septic System
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 37223.0716

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Deck or Porch

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,761

Year Built

Built in 1987

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: Washer/dryer
  • Style Of Construction: 2 Story
  • Year Built: 1987
  • Lvt Date: 07/09/2021
  • Common Interest Community: No
  • Geo Address Line: 3403 E Bridle Trail Rd
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/9/2021 5:37:34 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 2015

Interior Features

  • Total Approx Sq Ft: 5626
  • Price Per Sq Ft: 145.75
  • Bathrooms: 4
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1958
  • First Floor Bathrooms: 0.5
  • First Floor Family Room: 2
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 1750
  • Second Floor Bedrooms: 3
  • Second Floor Bathrooms: 2
  • Basement: Finished, Daylight, Fam/Rec Rm, Outside Entr, Workshop
  • Estimated Basement Sq Ft: 1918
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 0.75
  • Basement Family Room: 1
  • Basement Fireplace: 1
  • Special Features: Cent Vac
  • Design: Colonial
  • Dining Room: Formal, Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Outside Ent, Formal LR, Den or Office
  • Features: Sec Lights, Sec Alarm, Breakers, 400 AMP
  • Fireplace: Gas, Wood
  • Kitchen Appliances: Gas Rng, Dbl Ovens, D/W, Refrig, Disposal, Pantry, Kit Island, Hrd Surface Counters
  • Primary Bedroom: Dbl Clst, Full Bath, Dbl Sinks, 2nd Flr, Garden Tub
  • Number of Family Rooms: 3
  • Number of Fireplaces: 2

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Shop Area, Opener, Off St Prkg
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Hi Eff Furn (>90%)
  • Water Company: Whitworth

Condo/Co-op/Association

  • Amenities: Pool-In Gr, Spa or Hot tub, Sat Dish, Deck, Gas Hot Wtr, Cable Internet

Schools

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

Lot Info

  • Acres Mol: 1.98
  • Estimated Lot Sq Ft: 86249
  • Loc Dir E W: E
  • Lot Information: Fncd Bk Yd, Spr Sys, Treed, Secluded, Corner, Oversized, CC & R, Horses Allowed
  • Monthly Assessment: 20
  • Parcel Number: 37223.0716
  • Site Improvements: Septic Sys, Pub Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Schmidt Daniel R and Schmidt Elizabeth J
Bought by
Johnson Eric and Teed Monica
Total Days on Market
2
Current Estimated Value
$927,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$362,260
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$565,248

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 3, 2021
Sold by
Craig Gary L and Craig Margaret A
Bought by
Schmidt Daniel R and Schmidt Elizabeth J
Seller's Agent
Taci VanLeuven Riddle
eXp Realty, LLC
Buyer's Agent
Bernice Tobeck
Citibrokers, LLC
List Price
$725,000
Sold Price
$820,000
Premium/Discount to List
$95,000
13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

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
Johnson Eric $900,000 Ticor Title
Schmidt Daniel R $820,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Eric $365,000
Previous Owner Craig Gary L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $820,000 +13.1% $146 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $725,000 -- $129 / 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 $7,761 $766,400 $135,000 $631,400
2023 $7,628 $850,300 $125,000 $725,300
2022 $6,888 $839,300 $114,000 $725,300
2021 $5,742 $542,700 $95,000 $447,700
2020 $5,513 $494,200 $95,000 $399,200
2019 $5,202 $470,400 $95,000 $375,400
2018 $5,994 $455,100 $95,000 $360,100
2017 $5,766 $440,900 $95,000 $345,900
2016 $5,582 $417,800 $75,000 $342,800
2015 $5,323 $409,300 $75,000 $334,300
2014 -- $389,000 $75,000 $314,000
2013 -- $0 $0 $0
Source: Public Records

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Source: Spokane Association of REALTORS®

MLS Number: 202118583

Spokane Association of REALTORS®

APN: 37223.0716