NOT LISTED FOR SALE

Estimated Value: $595,000 - $653,379

5 Beds
3 Baths
3,570 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $625,000 $175 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,860/month

44 Days on Market

Highlights

  • RV Access or Parking
  • Colonial Architecture
  • Great Room
  • 1.27 Acre Lot
  • 2 Fireplaces
  • Workshop

About This Home

As of January 2024

Picturesque home situated on over an acre lot located in the highly sought after Ponderosa neighborhood. This spacious home is ideal for entertaining with an elegantly updated kitchen that flows to the great room, formal & informal dining, formal living room and main floor utilities. Sizeable kitchen features granite countertops, custom cabinets and stainless steel appliances. The welcoming great room presents a statement fireplace, wood floors and floor-to-ceiling windows to take in the views. Primary bedroom ensuite offers dual walk-in closets, large bathroom and double vanity. Second story includes the primary ensuite, 3 spacious bedrooms and a full bathroom. Basement offers additional den/rec room with secondary fireplace, bonus workshop or non-conforming bedroom and ample storage space. The property displays a park-like setting with treed privacy, covered patio, additional shop with lean-to, RV parking and 2 car attached garage. Nestled just minutes from Dishman Hills trails.

Last Agent to Sell the Property

Kristina Carlson

eXp Realty, LLC Branch License #130567 Listed on: 11/09/2023

eXp Realty, LLC Branch

Last Buyer's Agent

Jenna Wynand

Realty One Group Eclipse License #114081

Realty One Group Eclipse

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,436

Year Built

  • Built in 1969

Lot Details

  • 1.27 Acre Lot
  • Fenced
  • Oversized Lot
  • Partial Sprinkler System
  • Landscaped with Trees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,570 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Formal Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Dual Closets
  • Walk-In Closet
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Basement

  • Recreation or Family Area in Basement
  • Workshop

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Shop

Schools

  • Pondersoa Elementary School
  • Horizon Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 44052.0207

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,436

Year Built

Built in 1969

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: Washer & Dryer
  • Style Of Construction: 2 Story
  • Year Built: 1969
  • Lvt Date: 11/09/2023
  • Common Interest Community: No
  • Geo Address Line: 4505 S Farr Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/10/2023 10:45:12 PM
  • Geo Zoom Level: 15
  • Sr High: University
  • Year Renovated: 2018
  • Jr High: Horizon
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 3570
  • Price Per Sq Ft: 175.07
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1225
  • First Floor Bathrooms: 1
  • First Floor Family Room: 2
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 1120
  • Second Floor Bedrooms: 4
  • Second Floor Bathrooms: 2
  • Basement: Finished, Fam/Rec Rm, Workshop
  • Estimated Basement Sq Ft: 1225
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Family Room: 1
  • Basement Fireplace: 1
  • Special Features: Mn Flr Util, Wood Flr, Nat Wdwrk, Bay Wind
  • Design: Colonial
  • Dining Room: Formal
  • Family/Recreation Room: Bsmt, 1st Flr, Great room
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Pantry, Hrd Surface Counters
  • Primary Bedroom: Dbl Clst, Wlkin Clst, 3/4 Bath, Dbl Sinks, 2nd Flr
  • Number of Family Rooms: 3
  • Number of Fireplaces: 2

Exterior Features

  • Exterior: Brk Accent, Wood
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking, Shop Area, Opener
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: District 3

Condo/Co-op/Association

  • Amenities: Patio, Wtr Sftnr, Gas Hot Wtr

Schools

  • School District: Central Valley
  • Elementary School: Pondersoa
  • Middle School: Horizon
  • High School: University
  • School District: Central Valley
  • Elementary School: Pondersoa

Lot Info

  • Acres Mol: 1.27
  • Estimated Lot Sq Ft: 55500
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 97
  • Loc Numberblks N S: 45
  • Estimated Lot Dimension Depth: 300
  • Estimated Lot Dimension Front: 185
  • Lot Information: Part Spr Sys, Treed, Oversized, Fenced
  • Parcel Number: 44052.0207
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 4436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jan 26, 2024
Sold by
Martin Frank D and Martin Jean A
Bought by
Lee Justin and Law Amanda
Seller's Agent
Kristina Carlson
eXp Realty, LLC Branch
Buyer's Agent
Jenna Wynand
Realty One Group Eclipse
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
111
Current Estimated Value
$613,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,405
Avg. Annual Appreciation
2.09%
Original Mortgage
$593,750
Outstanding Balance
$584,414
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$60,951

Purchase Details

Closed on
Aug 7, 2019
Sold by
Sutton Gary L and Sutton Sharon
Bought by
Newsom Kristoffer Samuel and Newsom Veronica Jade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,350
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2016
Closed on
Jan 10, 2017
Sold by
Handwerk Beth L and Handwerk Hans E
Bought by
Martin Frank D and Martin Jean A
Seller's Agent
Alejandro Ventura
Keller Williams Spokane - Main
Buyer's Agent
Jonathan Poehlman
Kelly Right Real Estate of Spokane
List Price
$375,000
Sold Price
$353,500
Premium/Discount to List
-$21,500
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$300,450
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lee Justin $625,000 First American Title Insurance
Newsom Kristoffer Samuel $187,000 First American Title Ins Co
Martin Frank D $353,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Justin $593,750
Closed Martin Frank O $408,565
Previous Owner Newsom Kristoffer Samuel $154,350
Previous Owner Martin Frank D $150,000
Previous Owner Martin Frank D $300,450
Previous Owner Handwerk Hans E $175,000
Previous Owner Handwerk Hans E $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $625,000 0.0% $175 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/07/2023 12/07/23 Price Changed $625,000 -0.8% $175 / Sq Ft
11/16/2023 11/16/23 Price Changed $630,000 -3.1% $176 / Sq Ft
11/09/2023 11/09/23 For Sale $650,000 +83.9% $182 / Sq Ft
01/19/2017 01/19/17 Sold $353,500 -5.7% $99 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $375,000 -- $105 / 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
2025 $6,193 $621,960 $155,360 $466,600
2024 $6,193 $605,110 $116,310 $488,800
2023 $4,436 $476,100 $100,000 $376,100
2022 $4,416 $480,000 $87,000 $393,000
2021 $4,394 $378,700 $66,000 $312,700
2020 $4,500 $396,200 $66,000 $330,200
2019 $4,104 $370,000 $60,000 $310,000
2018 $4,577 $340,400 $55,000 $285,400
2017 $3,697 $278,800 $55,000 $223,800
2016 $3,436 $250,800 $55,000 $195,800
2015 $3,315 $243,800 $55,000 $188,800
2014 -- $244,500 $55,000 $189,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202324306

Spokane Association of REALTORS®

APN: 44052.0207