NOT LISTED FOR SALE

38015 N Sheets Rd Elk, WA 99009

Reflection Lake Neighborhood

Estimated Value: $519,000 - $698,000

6 Beds
3 Baths
3,840 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $260,000 $68 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,835/month

95 Days on Market

Highlights

  • Water Views
  • Secluded Lot
  • Workshop
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of March 2021

Beautiful home with secondary lake frontage to Reflection Lake! This home features 6 large bedrooms, 3bathrooms, and a full unfinished basement. 17ft high ceilings, stunning stained glass windows, and a 3 sided wrap-around deck! There is also complete access to the dock and lake! Only a 30 minute commute to Spokane! The community offers (4) parks and beach areas for you and your guests use! Paddle around the lake, or just enjoy the scenery!

Last Listed By

Melissa Murphy

Prime Real Estate Group License #24076 Listed on: 10/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Back and Front Yard Fenced
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Hillside Location

Parking

  • Off-Street Parking

Property Views

  • Water
  • Mountain

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Indoor Grill
  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Workshop
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Septic System
  • Satellite Dish

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 49202.0306

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,776

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pvt Rd, Gravel
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1980
  • Lvt Date: 10/19/2020
  • Common Interest Community: No
  • Geo Address Line: 38015 N Sheets Rd
  • Geo Primary City: Elk
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/19/2020 8:41:30 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 3840
  • Price Per Sq Ft: 67.71
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 6
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Second Floor Bedrooms: 4
  • Second Floor Bathrooms: 1
  • Basement: Partial, Unfinished, Lndry, Outside Entr, Workshop
  • Basement: Yes
  • Special Features: Wood Flr, Cath Cling, Bay Wind
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, Grll Top Rng, D/W, Refrig, Disposal
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, 1st Flr
  • Number of Fireplaces: 1
  • Stove: Wood Burn

Exterior Features

  • Body of Water Name: Reflection Lk
  • Exterior: T-111
  • Frontage: Secondary
  • Roof: Comp
  • Waterfront Property: Sec Lot

Garage/Parking

  • Garage Parking: Off St Prkg
  • Garage Size: 0

Utilities

  • Heating/Cooling: Forced Air, Htpump
  • Power Company: Inland
  • Water Company: Reflection

Condo/Co-op/Association

  • Amenities: Sat Dish, Deck

Schools

  • School District: Riverside
  • Elementary School: Riverside
  • Middle School: Riverside
  • High School: Riverside

Lot Info

  • Acres Mol: 0.28
  • Estimated Lot Sq Ft: 12197
  • Lot Information: View, Fncd Frt Yd, Fncd Bk Yd, Hillside, Rolling, Bus Rt
  • Lot View: Mountain, Water
  • Parcel Number: 49202.0306
  • Site Improvements: Septic Sys, Pvt Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Feb 23, 2021
Sold by
First Horizon Bank
Bought by
Heath Daniel
Seller's Agent
Melissa Murphy
Prime Real Estate Group
Buyer's Agent
Andrew Graham
Avalon 24 Real Estate
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Total Days on Market
95
Current Estimated Value
$619,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,902
Avg. Annual Appreciation
23.29%
Original Mortgage
$208,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2020
Sold by
Lee Alec A and Lee Shirley M
Bought by
First Horizon Bank

Purchase Details

Closed on
Jul 30, 2003
Sold by
The Chase Manhattan Bank Na
Bought by
Lee Alec A and Lee Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2001
Sold by
Young Michael E and Young Wilma J
Bought by
The Chase Manhattan Bank Na

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
Heath Daniel $260,000 First American Title Ins Co
First Horizon Bank $226,778 None Available
Lee Alec A -- Pacific Nw Title
The Chase Manhattan Bank Na $162,798 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heath Daniel $300,000
Closed Heath Daniel $208,000
Previous Owner Lee Alec A $25,000
Previous Owner Lee Alec A $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $260,000 -13.3% $68 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $299,900 0.0% $78 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
11/26/2020 11/26/20 Price Changed $299,900 -18.7% $78 / Sq Ft
10/28/2020 10/28/20 Price Changed $369,000 -7.5% $96 / Sq Ft
10/19/2020 10/19/20 For Sale $399,000 -- $104 / 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 $4,776 $602,600 $62,000 $540,600
2023 $4,317 $544,900 $34,000 $510,900
2022 $3,997 $552,400 $34,000 $518,400
2021 $3,886 $402,000 $26,000 $376,000
2020 $3,372 $333,500 $25,000 $308,500
2019 $2,829 $285,200 $25,000 $260,200
2018 $3,216 $285,200 $25,000 $260,200
2017 $2,988 $272,200 $25,000 $247,200
2016 $2,753 $245,200 $25,000 $220,200
2015 $2,729 $233,400 $25,000 $208,400
2014 -- $233,400 $25,000 $208,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Spokane Association of REALTORS®

MLS Number: 202023818

Spokane Association of REALTORS®

APN: 49202.0306