NOT LISTED FOR SALE

5004 S Kip Ln Spokane, WA 99224

Latah Valley Neighborhood

Estimated Value: $351,000 - $413,000

2 Beds
3 Baths
1,533 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $275,000 $179 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,553/month

36 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Corner Lot
  • Sacajawea Middle School Rated A-
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of November 2020

Beautiful Qualchan Hills Open Concept Home! This Upgraded, Light & Bright Home features 2 Bedrooms and 2 1/2 Bathrooms, Nice Kitchen with Gas Range, Granite Counters, Stainless Steel Appliances & Pantry. Enjoy the Gas Fireplace, Central AC, Main Floor Utilities, Newer Roof (2018), Vinyl Siding, Corner Lot, 2 Car Garage & Extra Guest Parking close to home. The Large Master Suite has a Walk-in Closet & Views!! There is a Nice Deck & Big Backyard ($200.00 mo HOA dues cover all lawn care). This Maintenance Free Gated Community is also Close to Hangman Valley Golf Course!!

Last Agent to Sell the Property

Eric Peterson

Keller Williams Spokane - Main License #50426 Listed on: 08/22/2020

Keller Williams Spokane - Main

Co-Listed By

Patty Gaines

Keller Williams Spokane - Main License #23987

Last Buyer's Agent

Whitney Schumacher

Keller Williams Spokane - Main License #99642

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 1993

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,533 Sq Ft Home
  • 2-Story Property
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34061.0807

Community Details

Overview

  • Association fees include wtr/swr/garb, comm elem maint, grounds maint
  • The community has rules related to covenants, conditions, and restrictions

Additional Features

  • Community Deck or Porch
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,156

Year Built

Built in 1993

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: Washer & Dryer
  • Style Of Construction: 2 Story
  • Year Built: 1993
  • Lvt Date: 08/22/2020
  • Common Interest Community: No
  • Geo Address Line: 5004 S Kip Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/22/2020 3:21:55 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Total Approx Sq Ft: 1533
  • Price Per Sq Ft: 179.39
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 2
  • First Floor Bathrooms: 0.5
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Bedrooms: 2
  • Second Floor Bathrooms: 2
  • Basement: Crawl
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Traditional
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Features: 200 AMP
  • Fireplace: 0 Clearance, Gas
  • Kitchen Appliances: Gas Rng, D/W, Refrig, Disposal, Microwave, Pantry
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, 2nd Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

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

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm.
  • Power Company: Inland Pow
  • Water Company: HOA

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Cable Internet
  • Condo/PUD Features: Maint Assmt, Gated
  • Condo/PUD Maintenance Fee Pays: Wtr/swr/garb, Comm elem maint, Grounds Maint

Schools

  • School District: Spokane Dist 81
  • Elementary School: Mullan
  • Middle School: Sacajawea
  • High School: Lewis & Clark

Lot Info

  • Acres Mol: 0.11
  • Estimated Lot Sq Ft: 4792
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 7
  • Loc Numberblks N S: 49
  • Lot Information: Spr Sys, Level, Corner, CC & R
  • Lot View: Mountain, Territorial
  • Monthly Assessment: 200
  • Parcel Number: 34061.0807
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 3156.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Nov 9, 2020
Sold by
Smith Scott A and Smith Kelsey R
Bought by
Harvey Allisha
Seller's Agent
Eric Peterson
Keller Williams Spokane - Main
Buyer's Agent
Whitney Schumacher
Keller Williams Spokane - Main
List Price
$286,500
Sold Price
$275,000
Premium/Discount to List
-$11,500
-4.01%
Current Estimated Value
$383,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,192
Avg. Annual Appreciation
6.99%
Original Mortgage
$220,000
Outstanding Balance
$196,120
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$187,072

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 9, 2018
Sold by
Cre Newark Llc
Bought by
Smith Scott A and Smith Kelsey R
Seller's Agent
Bruce Baldwin
Windermere Real Estate/Cornerstone
Buyer's Agent
Bryce Crooks
Keller Williams Spokane - Main
List Price
$264,900
Sold Price
$262,000
Premium/Discount to List
-$2,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$267,633
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 6, 2018
Sold by
Cre Newark Llc
Bought by
Smith Scott A and Smith Kelsey R
Seller's Agent
Bruce Baldwin
Windermere Real Estate/Cornerstone
Buyer's Agent
Bryce Crooks
Keller Williams Spokane - Main
List Price
$264,900
Sold Price
$262,000
Premium/Discount to List
-$2,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,633
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 31, 2017
Sold by
Fannie Mae
Bought by
Cre Newark Llc
Seller's Agent
Eric Tucker
John L Scott, Inc.
Buyer's Agent
Bruce Baldwin
Windermere Real Estate/Cornerstone
List Price
$144,900
Sold Price
$120,000
Premium/Discount to List
-$24,900
-17.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
604.37%
Original Mortgage
$112,320
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2015
Sold by
Reiber Brandon and Reiber Heather
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 7, 2006
Sold by
Carlson Josh L and Carlson Mary H
Bought by
Reiber Brandon and Reiber Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,120
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 24, 2001
Sold by
Butt Ted W and Butt Tiffany
Bought by
Carlson Josh L and Carlson Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
7.41%
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
Harvey Allisha $275,000 Ticor Title Company
Smith Scott A -- New Title Company Name
Smith Scott A $262,000 Inland Professional Title Ll
Cre Newark Llc -- None Available
Federal National Mortgage Association $251,801 First American Title Ins Co
Reiber Brandon $161,400 Pacific Nw Title
Carlson Josh L $93,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey Allisha $220,000
Previous Owner Smith Scott A $267,633
Previous Owner Smith Scott A $267,633
Previous Owner Cre Newark Llc $112,320
Previous Owner Reiber Brandon $129,120
Previous Owner Carlson Josh L $74,400
Closed Carlson Josh L $13,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2020 11/10/20 Sold $275,000 0.0% $179 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/22/2020 09/22/20 Price Changed $275,000 -4.0% $179 / Sq Ft
08/22/2020 08/22/20 For Sale $286,500 +9.4% $187 / Sq Ft
04/10/2018 04/10/18 Sold $262,000 -1.1% $157 / Sq Ft View Prior Sale
03/06/2018 03/06/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $264,900 +120.8% $159 / Sq Ft
11/16/2017 11/16/17 Sold $120,000 -17.2% $72 / Sq Ft View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $144,900 -- $87 / 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 $3,771 $367,300 $100,000 $267,300
2024 $3,771 $380,000 $100,000 $280,000
2023 $3,425 $375,300 $80,000 $295,300
2022 $3,231 $350,000 $70,000 $280,000
2021 $3,378 $284,000 $62,000 $222,000
2020 $3,157 $255,600 $60,000 $195,600
2019 $2,603 $217,700 $55,000 $162,700
2018 $2,143 $153,900 $40,000 $113,900
2017 $2,005 $146,600 $40,000 $106,600
2016 $2,021 $144,600 $40,000 $104,600
2015 $2,047 $143,300 $40,000 $103,300
2014 -- $147,000 $40,000 $107,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Peterson

    Seller's Agent in 2020

    Eric Peterson

    Keller Williams Spokane - Main

    (509) 710-3928

    1 in this area

    202 Total Sales

    Eric Peterson
    Section Image

  • P

    Seller Co-Listing Agent in 2020

    Patty Gaines

    Keller Williams Spokane - Main

    (509) 951-0228

    1 in this area

    204 Total Sales

    Patty Gaines
    Section Image
  • Whitney Schumacher

    Buyer's Agent in 2020

    Whitney Schumacher

    Keller Williams Spokane - Main

    (509) 251-0670

    3 in this area

    118 Total Sales

    Whitney Schumacher
    Section Image

  • B

    Seller's Agent in 2018

    Bruce Baldwin

    Windermere Real Estate/Cornerstone

    Section Image
  • Bryce Crooks

    Buyer's Agent in 2018

    Bryce Crooks

    Keller Williams Spokane - Main

    (509) 638-2826

    1 in this area

    61 Total Sales

    Bryce Crooks
    Section Image
  • Eric Tucker

    Seller's Agent in 2017

    Eric Tucker

    John L Scott, Inc.

    (509) 990-3223

    8 in this area

    158 Total Sales

    Eric Tucker
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202020954

Spokane Association of REALTORS®

APN: 34061.0807

Washington Spokane County Spokane 99224 Latah Valley

5004 S Kip Ln, Spokane, WA

This home is located at 5004 S Kip Ln, Spokane, WA 99224 since 22 August 2020 and is currently estimated at $383,192, approximately $249 per square foot. This property was built in 1993. 5004 S Kip Ln is a home located in Spokane County with nearby schools including Mullan Road Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

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