NOT LISTED FOR SALE

4511 E Russell Rd Colbert, WA 99005

Estimated Value: $402,000 - $600,000

3 Beds
2 Baths
3,292 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $440,000 $134 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,924/month

5 Days on Market

Highlights

  • Secluded Lot
  • No HOA
  • Building Patio
  • 1 Fireplace
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of October 2023

Welcome to this 3-bedroom, 2-bathroom ranch-style home nestled on a sprawling 5-acre flat parcel, on Whitworth water, in desirable Colbert, WA. This property and home have so much possibility! The home itself features a spacious, single-story layout, designed with easy living in mind. The 3 bedrooms 2 baths offer ample space for daily routines. A traditional kitchen awaits your personal touches, providing a fantastic opportunity to create your dream culinary space. Step outside to the open land that is perfect for those with a green thumb, the property could be transformed into a lush personal oasis, or utilized for a variety of other purposes, from hobby farming to building additional structures. In need of some updates, this property presents a unique opportunity for the visionary buyer ready to put their stamp on and create their dream homestead. This is an estate sale.

Last Agent to Sell the Property

Kathy Bonnett

Kelly Right Real Estate of Spokane License #3890 Listed on: 09/03/2023

Last Buyer's Agent

Kathy Bonnett

Kelly Right Real Estate of Spokane License #3890 Listed on: 09/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1978

Lot Details

  • 4.69 Acre Lot
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Hardboard

Interior Spaces

  • 3,292 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Storage Shed

Schools

  • Riverside Elementary And Middle School
  • Riverside High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 37022.0208

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1978

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Dirt, Gravel, Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1978
  • Lvt Date: 09/03/2023
  • Common Interest Community: No
  • Geo Address Line: 4511 E Russell Rd
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/3/2023 9:15:28 PM
  • Geo Zoom Level: 15
  • Sr High: Riverside
  • Jr High: Riverside
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3292
  • Price Per Sq Ft: 133.66
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1646
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Unfinished
  • Estimated Basement Sq Ft: 1646
  • Basement: Yes
  • Design: Rancher
  • Dining Room: Eat Bar, Informal
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Patio

Schools

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

Lot Info

  • Acres Mol: 4.69
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Dimension Depth: 640
  • Estimated Lot Dimension Front: 345
  • Lot Information: Spr Sys, Treed, Level, Secluded, Oversized
  • Parcel Number: 37022.0208
  • Site Improvements: Septic Sys, Well Installed, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 3400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2023
Closed on
Oct 6, 2023
Sold by
Waldo Leala M
Bought by
Mcgill Nicholas Alexander and Mcgill Isabel Louise
Seller's Agent
Kathy Bonnett
Kelly Right Real Estate of Spokane
Buyer's Agent
Kathy Bonnett
Kelly Right Real Estate of Spokane
List Price
$440,000
Sold Price
$440,000
Views
55
Current Estimated Value
$500,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,074
Avg. Annual Appreciation
10.26%
Original Mortgage
$207,000
Outstanding Balance
$203,532
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$328,290
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
Mcgill Nicholas Alexander $440,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Nicholas Alexander $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $440,000 0.0% $134 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
09/03/2023 09/03/23 For Sale $440,000 -- $134 / 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 $3,391 $434,080 $176,180 $257,900
2024 $3,391 $428,010 $160,110 $267,900
2023 $3,435 $428,530 $144,730 $283,800
2022 $3,193 $440,200 $158,800 $281,400
2021 $2,950 $305,700 $86,900 $218,800
2020 $3,210 $318,720 $116,420 $202,300
2019 $2,721 $275,450 $88,350 $187,100
2018 $2,841 $252,720 $80,820 $171,900
2017 $2,618 $239,320 $80,820 $158,500
2016 $2,566 $229,430 $76,130 $153,300
2015 $2,508 $215,330 $76,130 $139,200
2014 -- $210,900 $73,500 $137,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202321300

Spokane Association of REALTORS®

APN: 37022.0208