NOT LISTED FOR SALE

40224 N Newport Hwy Elk, WA 99009

Estimated Value: $416,007

-- Bed
1 Bath
2,520 Sq Ft
$165/Sq Ft Est. Value

About This Home

This home is located at 40224 N Newport Hwy, Elk, WA 99009 and is currently estimated at $416,007, approximately $165 per square foot. 40224 N Newport Hwy is a home located in Spokane County with nearby schools including Riverside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Kemp Ronald and Kemp Kathryn
Bought by
Budget Storage Solutions 1 Llc
Current Estimated Value
$416,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,974
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Estimated Equity
$109,804

Purchase Details

Closed on
Sep 21, 2005
Sold by
Tibbetts Norma J
Bought by
Kemp Ronald and Kemp Kathryn

Purchase Details

Closed on
Mar 18, 2003
Sold by
Murray Robert L and Murray Linda L
Bought by
Tibbetts Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Budget Storage Solutions 1 Llc $400,000 Vista Title And Escrow
Kemp Ronald $185,000 First American Title Ins Co
Tibbetts Norma J $120,000 --
Tibbetts Norma J $120,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budget Storage Solutions 1 Llc $300,000
Previous Owner Tibbetts Norma J $95,000
Source: Public Records

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 $2,935 $369,590 $94,090 $275,500
2024 $2,935 $368,290 $94,090 $274,200
2023 $2,163 $278,790 $94,090 $184,700
2022 $1,769 $220,650 $47,050 $173,600
2021 $1,831 $187,620 $23,520 $164,100
2020 $1,871 $183,520 $23,520 $160,000
2019 $1,793 $179,620 $23,520 $156,100
2018 $2,004 $176,620 $23,520 $153,100
2017 $1,773 $160,410 $14,110 $146,300
2016 $1,878 $166,310 $14,110 $152,200
2015 $2,084 $177,510 $14,110 $163,400
2014 -- $182,210 $14,110 $168,100
2013 -- $0 $0 $0
Source: Public Records

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