NOT LISTED FOR SALE

40268 Morgan Rd Loon Lake, WA 99148

Estimated Value: $250,000 - $358,000

2 Beds
1 Bath
880 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $148,000 $168 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,753/month

136 Days on Market

Highlights

  • Beach Front
  • RV Access or Parking
  • Secluded Lot
  • Deeded Waterfront Access Rights
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of August 2018

Updated Loon Lake cabin with filtered lake view. Large, level corner lot of .54 of an acre on a paved county road. 1 large bd + loft bd, 3/4 ba w/large deck. Updates include: vinyl siding, windows & window coverings, granite counters and laminate floors. Public water & sewer & Avista power all installed. Part of the Morgan Park Beach Assoc. $76 per year gives you deeded lake access that includes docks, boat launch, picnic area and sandy beach. Plenty of room to park RV's or to build a shop!

Last Agent to Sell the Property

Ann Hinand

Tamarack Realty License #88678 Listed on: 03/18/2018

Last Buyer's Agent

Gregg Patterson

Amplify Real Estate Services License #27328

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 2002

Lot Details

  • 0.54 Acre Lot
  • Beach Front
  • Secluded Lot
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Territorial

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 0663400

Community Details

Overview

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

Amenities

  • Community Deck or Porch

Recreation

  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,190

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 2002
  • Lvt Date: 03/18/2018
  • Common Interest Community: Yes
  • Geo Address Line: 40268 Morgan Rd
  • Geo Primary City: Loon Lake
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/18/2018 8:44:06 PM
  • Geo Zoom Level: 15
  • Subdivision/Development: Morgan Park
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 880
  • Price Per Sq Ft: 168.18
  • Number of Stories: 2
  • Bathrooms: 1
  • Bedrooms: 2
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 0.75
  • Second Floor Bedrooms: 1
  • Special Features: Nat Wdwrk, Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Eat Bar
  • Features: Breakers
  • Primary Bedroom: 1st Flr

Exterior Features

  • Body of Water Name: Loon Lk
  • Exterior: Vinyl
  • Frontage: Secondary
  • Out Buildings: Stge Shd
  • Roof: Metal
  • Waterfront Property: Sec Lot, Beach Acc, Own Assoc, Deeded Access Rights

Garage/Parking

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

Utilities

  • Heating/Cooling: El Wall Unit
  • Power Company: Avista
  • Water Company: StevensPUD

Condo/Co-op/Association

  • Amenities: Sat Dish, Deck, Do Not Use - StS

Schools

  • School District: Loon Lake
  • School District: Loon Lake

Lot Info

  • Acres Mol: 0.54
  • Estimated Lot Sq Ft: 23522
  • Lot Information: View, Level, Open, Corner, Oversized, CC & R
  • Lot View: Territorial, Water
  • Parcel Number: 0663400
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 1190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2018
Closed on
Aug 6, 2018
Sold by
Tefft Marilyn L
Bought by
Arnzen David Victor
Seller's Agent
Ann Hinand
Tamarack Realty
Buyer's Agent
Gregg Patterson
Amplify Real Estate Services
List Price
$165,000
Sold Price
$148,000
Premium/Discount to List
-$17,000
-10.3%
Current Estimated Value
$294,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,123
Avg. Annual Appreciation
10.22%
Original Mortgage
$133,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2015
Sold by
Rusca Denis M and Rusca Marsha Jo
Bought by
Tefft James R and Tefft Marilyn L

Purchase Details

Closed on
Jun 28, 2012
Sold by
Rusca Denis M and Rusca Marsha Jo
Bought by
Rusca Denis M and Rusca Marsha Jo
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
Arnzen David Victor $148,000 Stevens County Title Co
Tefft James R $100,000 None Available
Rusca Denis M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnzen David Victor $161,094
Closed Arnzen David Victor $167,000
Closed Arnzen David Victor $133,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $148,000 -1.3% $168 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $149,900 -9.2% $170 / Sq Ft
03/18/2018 03/18/18 For Sale $165,000 -- $188 / 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 $1,550 $206,087 $50,000 $156,087
2023 $1,500 $207,436 $50,000 $157,436
2022 $1,433 $181,599 $50,000 $131,599
2021 $1,646 $174,822 $50,000 $124,822
2020 $1,420 $174,822 $50,000 $124,822
2019 $1,142 $142,410 $50,000 $92,410
2018 $1,189 $109,478 $40,000 $69,478
2017 $1,085 $110,862 $40,000 $70,862
2016 $948 $110,435 $36,000 $74,435
2015 -- $110,435 $36,000 $74,435
2013 -- $114,435 $40,000 $74,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201813348

Spokane Association of REALTORS®

APN: 0663400