NOT LISTED FOR SALE

5012 S Lincoln Way Spokane, WA 99224

Latah Valley Neighborhood

Estimated Value: $674,000 - $846,000

5 Beds
4 Baths
2,863 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $705,000 $246 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,535/month

35 Days on Market

Highlights

  • City View
  • 1 Fireplace
  • Den
  • Contemporary Architecture
  • Great Room
  • 3 Car Attached Garage

About This Home

As of March 2024

Welcome to this exquisite, newer construction masterpiece crafted by Black Construction in 2022. This modern 2-story home offers an unparalleled combination of luxury and functionality. As you step inside, you're greeted by a spacious open floor plan that seamlessly integrates the living, dining, and kitchen areas. The modern kitchen is a chef's dream, featuring high-end stainless steel appliances, a walk-in pantry, and quartz countertops throughout. The flooring is adorned with a harmonious blend of luxury vinyl planks (LVP) and elegant tiles, creating an atmosphere of sophistication. Ascend the stairs to the second floor, where the primary suite awaits. With vaulted ceilings and ample natural light, the primary suite provides a serene retreat. The en-suite bathroom is a spa-like oasis, featuring a large mud-set shower, a double sink vanity, and an oversized walk-in closet. Step outside to the stamped concrete covered patio, where the ambiance is perfect for outdoor entertaining. Don't miss this opportunity!

Last Agent to Sell the Property

Luke Kuhn

eXp Realty, LLC Branch License #23025403 Listed on: 01/04/2024

eXp Realty, LLC Branch

Co-Listed By

Kristina Carlson

eXp Realty, LLC Branch License #130567

Last Buyer's Agent

Kyle Krug

John L Scott, Inc. License #123315

John L Scott, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,893

Year Built

  • Built in 2022

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,863 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Room
  • Den
  • City Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • 200+ Amp Service
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Overlook At Qualchan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 34062.6206

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,893

Year Built

Built in 2022

Lot Details

0

Listing Details

  • HOA YN: Yes
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: Alarm System
  • Style Of Construction: 2 Story
  • Year Built: 2022
  • Lvt Date: 01/04/2024
  • Common Interest Community: Yes
  • Geo Address Line: 5012 S Lincoln Way
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/4/2024 6:42:57 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Subdivision/Development: Overlook at Qualchan
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2863
  • Price Per Sq Ft: 246.25
  • Number of Stories: 2
  • Bathrooms: 4
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1113
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 0.5
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 1750
  • Second Floor Bedrooms: 4
  • Second Floor Bathrooms: 3
  • Second Floor Family Room: 1
  • Basement: Crawl
  • Special Features: Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: 1st Flr, 2nd Flr, Great room, Den or Office
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, D/W, Refrig, Disposal, Microwave, Pantry
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 2nd Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Fiber Cement
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm.
  • Power Company: Inland
  • Water Company: City of Sp

Schools

  • School District: Cheney
  • School District: Cheney

Lot Info

  • Acres Mol: 0.2
  • Estimated Lot Sq Ft: 8712
  • Lot Information: View, CC & R
  • Lot View: City
  • Parcel Number: 34062.6206
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 27, 2024
Sold by
Demianew Robert A and Demianew Beverly J
Bought by
Mears Neill B and Scouton Jenifer A
Seller's Agent
Luke Kuhn
eXp Realty, LLC Branch
Buyer's Agent
Kyle Krug
John L Scott, Inc.
List Price
$709,000
Sold Price
$705,000
Premium/Discount to List
-$4,000
-0.56%
Views
184
Current Estimated Value
$732,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,685
Avg. Annual Appreciation
2.29%
Original Mortgage
$634,500
Outstanding Balance
$624,504
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$105,199

Purchase Details

Listed on
May 24, 2022
Closed on
Sep 20, 2022
Sold by
Demianew Robert A and Demianew Beverly J
Bought by
Demianew Robert A and Demianew Beverly J
Seller's Agent
Alison Taylor
P3 Realty, LLC
Buyer's Agent
Josie Krahn
Windermere Liberty Lake
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.77%

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 25, 2022
Sold by
Black Construction Llc
Bought by
Demianew Robert A and Demianew Beverly J
Seller's Agent
Alison Taylor
P3 Realty, LLC
Buyer's Agent
Josie Krahn
Windermere Liberty Lake
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
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
Mears Neill B $705,000 First American Title Insurance
Demianew Robert A -- --
Demianew Robert A -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mears Neill B $634,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $705,000 -0.6% $246 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $709,000 0.0% $248 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $709,000 -5.5% $248 / Sq Ft
07/26/2022 07/26/22 Sold $750,000 -3.2% $262 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $775,000 -6.1% $271 / Sq Ft
06/21/2022 06/21/22 Price Changed $825,000 -2.9% $289 / Sq Ft
05/24/2022 05/24/22 For Sale $850,000 -- $297 / 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 $6,893 $708,300 $135,000 $573,300
2024 $6,893 $690,000 $100,000 $590,000
2023 $5,976 $675,800 $100,000 $575,800
2022 $167 $681,500 $75,000 $606,500
2021 $167 $14,500 $14,500 --
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Luke Kuhn

    eXp Realty, LLC Branch

    (509) 998-6661

    2 in this area

    8 Total Sales

    Luke Kuhn
    Section Image
  • Kristina Carlson

    Seller Co-Listing Agent in 2024

    Kristina Carlson

    eXp Realty, LLC Branch

    (509) 596-9520

    4 in this area

    347 Total Sales

    Kristina Carlson
    Section Image
  • Kyle Krug

    Buyer's Agent in 2024

    Kyle Krug

    John L Scott, Inc.

    (509) 951-8792

    11 in this area

    190 Total Sales

    Kyle Krug
    Section Image
  • Alison Taylor

    Seller's Agent in 2022

    Alison Taylor

    P3 Realty, LLC

    (509) 995-9454

    18 in this area

    20 Total Sales

    Alison Taylor
    Section Image

  • J

    Buyer's Agent in 2022

    Josie Krahn

    Windermere Liberty Lake

    (208) 704-7176

    1 in this area

    64 Total Sales

    Josie Krahn
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202410304

Spokane Association of REALTORS®

APN: 34062.6206

Washington Spokane County Spokane 99224 Latah Valley

5012 S Lincoln Way, Spokane, WA

This home is located at 5012 S Lincoln Way, Spokane, WA 99224 since 04 January 2024 and is currently estimated at $732,685, approximately $255 per square foot. This property was built in 2022. 5012 S Lincoln Way is a home located in Spokane County with nearby schools including Windsor Elementary School, Westwood Middle School, and Cheney High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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