NOT LISTED FOR SALE

Estimated Value: $505,000 - $573,957

5 Beds
3 Baths
2,462 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $378,500 $154 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,261/month

4 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Horses Allowed On Property
  • 1.18 Acre Lot
  • Oversized Lot

About This Home

As of July 2020

Gorgeous rancher on 1.18 acres in Newman Lake! This spacious 1 story home w/ finished basement offers 5 bdrm, 3 bath & updates throughout. Enjoy BBQing year round under the covered back patio. This property has it all - fenced garden, chicken coop, HUGE shop w/ space for all your toys, lean-to w/ horse stalls, fenced pasture, view of surrounding mountains, newer roof, tankless water heater, AC, RV parking & so much more! Don’t miss this gem!!

Last Agent to Sell the Property

Brynn Rea

Redfin License #113892 Listed on: 06/11/2020

Redfin

Last Buyer's Agent

Michael Stinger

eXp Realty, LLC Branch License #102670

eXp Realty, LLC Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,812

Year Built

  • Built in 1978

Lot Details

  • 1.18 Acre Lot
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Landscaped with Trees

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,462 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Off-Street Parking
  • RV Access or Parking

Schools

  • East Farms Elementary School
  • East Valley Middle School
  • East Valley High School

Horse Facilities and Amenities

  • Horse Setup
  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Gas Available at Street
  • Tankless Water Heater
  • Septic System
  • Internet Available

Additional Features

  • Shop
  • Barn

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 56364.0423

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,812

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1978
  • Lvt Date: 06/11/2020
  • Common Interest Community: No
  • Geo Address Line: 5022 N Chase Rd
  • Geo Primary City: Newman Lake
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/11/2020 7:04:54 PM
  • Geo Zoom Level: 15
  • Sr High: East Valley
  • Year Renovated: 2018
  • Jr High: East Valley
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2462
  • Price Per Sq Ft: 153.74
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1262
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 1200
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr, 2nd Flr
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave, Washer, Dryer
  • Primary Bedroom: 3/4 Bath, 1st Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Wood
  • Out Buildings: Barn, Horse Setup, Shop
  • Roof: Comp

Garage/Parking

  • Carport Size: 0
  • Garage Parking: Attached, Detached, RV Parking, Shop Area, Off St Prkg, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Elec, Forced Air, El Wall Unit, Cent A/C
  • Power Company: Avista
  • Water Company: Moab Irr

Condo/Co-op/Association

  • Amenities: Patio, Tankls Wtr Htr, Cable Internet

Schools

  • School District: East Valley
  • Elementary School: East Farms
  • Middle School: East Valley
  • High School: East Valley
  • School District: East Valley
  • Elementary School: East Farms

Lot Info

  • Acres Mol: 1.18
  • Estimated Lot Sq Ft: 51401
  • Loc Dir E W: E
  • Loc Numberblk E W: 263
  • Loc Numberblks N S: 50
  • Lot Information: View, Fncd Bk Yd, Treed, Level, Oversized, Fenced, Horses Allowed
  • Lot View: Mountain, Territorial
  • Parcel Number: 56364.0423
  • Site Improvements: Septic Sys, Pub Wtr, Gas Avail-St

Tax Info

  • Taxes: 3811.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 17, 2020
Sold by
Vandenbrink Gabrielle and Vandenbrink Luke
Bought by
Wells Nathaniel B and Wells Tara Nicole
Seller's Agent
Brynn Rea
Redfin
Buyer's Agent
Michael Stinger
eXp Realty, LLC Branch
List Price
$350,000
Sold Price
$378,500
Premium/Discount to List
$28,500
8.14%
Current Estimated Value
$544,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,739
Avg. Annual Appreciation
6.79%
Original Mortgage
$302,800
Outstanding Balance
$270,292
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$262,328

Purchase Details

Closed on
Jun 21, 2018
Sold by
Rana Investments Llc
Bought by
Vandenbrink Gabriell and Vandenbrink Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,300
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 19, 2015
Sold by
Briggs Brian K and Briggs Deborah M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 18, 1996
Sold by
Bockstruck Tracy T and Bockstruck Karen R
Bought by
Briggs Brian K and Briggs Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,086
Interest Rate
8.25%
Mortgage Type
FHA
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
Wells Nathaniel B $378,500 Vista Title And Escrow Llc
Vandenbrink Gabriell $290,000 Ticor Title Co
Jpmorgan Chase Bank National Association $139,650 Servicelink
Jpmorgan Chase Bank National Association $163,530 Spokane County Title Company
Briggs Brian K $123,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Nathaniel B $302,800
Previous Owner Vandenbrink Gabriell $281,300
Previous Owner Briggs Brian K $122,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $378,500 +8.1% $154 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $350,000 +20.7% $142 / Sq Ft
10/02/2018 10/02/18 Sold $290,000 +5.5% $118 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $274,900 -- $112 / 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 $4,513 $457,180 $122,880 $334,300
2024 $4,513 $461,920 $112,520 $349,400
2023 $4,945 $499,120 $112,520 $386,600
2022 $4,474 $511,720 $112,520 $399,200
2021 $3,986 $316,800 $66,800 $250,000
2020 $3,812 $286,910 $61,710 $225,200
2019 $3,580 $275,170 $51,570 $223,600
2018 $2,873 $201,970 $51,570 $150,400
2017 $2,747 $193,970 $51,570 $142,400
2016 $2,584 $184,680 $51,580 $133,100
2015 $2,670 $184,680 $51,580 $133,100
2014 -- $181,780 $51,580 $130,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202016995

Spokane Association of REALTORS®

APN: 56364.0423