505 E Gem Ln Colbert, WA 99005
Dartford Neighborhood
6
Beds
4
Baths
4,146
Sq Ft
5
Acres
Highlights
- Horses Allowed On Property
- RV Access or Parking
- Mountain View
- Midway Elementary School Rated A-
- 5 Acre Lot
- Separate Formal Living Room
About This Home
As of November 2021Enjoy main floor living in this beautiful daylight rancher with acreage in Colbert. This 4100+ square foot home includes: 6 beds, 4 baths, 4-car garage, 40’x40’ insulated shop, and RV parking. The main floor features 4 beds, 2 baths, laundry, a beautiful kitchen, informal and formal dining rooms, living room, and tons of natural light. This home boasts a master suite with a private deck, attached bathroom with a double vanity, and a walk-in closet. Walk downstairs into the daylight basement where there is another living room, 2 beds with a potential master suite, mudroom, bath, and ample storage throughout. Step out onto your back deck and enjoy the beautiful setting provided by nearly 5 acres of fully fenced prime land with private paved road access. With a 4-car attached garage and a 40’x40’ insulated shop this home is a car enthusiasts dream. The 40’x40’ deluxe shop offers a car lift, 200 AMP, an office, bathroom, gas heat and A/C. Conveniently located just minutes away from schools, parks, and shopping.
Last Buyer's Agent
Jennifer Gilbert-Smith
RE/MAX Leading Professionals License #18825
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,109
Year Built
- Built in 1991
Lot Details
- 5 Acre Lot
- Back and Front Yard Fenced
- Corner Lot
- Oversized Lot
- Open Lot
- Sprinkler System
- Landscaped with Trees
Property Views
- Mountain
- Territorial
Home Design
- Brick Exterior Construction
- Composition Roof
- Hardboard
Interior Spaces
- 4,146 Sq Ft Home
- 1-Story Property
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Great Room
- Family Room Off Kitchen
- Family Room with entrance to outdoor space
- Separate Formal Living Room
- Formal Dining Room
- Den
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- 4 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Recreation or Family Area in Basement
- Basement with some natural light
Parking
- 4 Car Attached Garage
- Workshop in Garage
- Garage Door Opener
- RV Access or Parking
Outdoor Features
- Storage Shed
- Shop
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Forced Air Heating and Cooling System
- Pellet Stove burns compressed wood to generate heat
- Heat Pump System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Private Sewer
Community Details
- Building Patio
- Community Deck or Porch
Listing and Financial Details
- Assessor Parcel Number 37173.9085
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Nov 3, 2021
Sold by
Novelli Gerry and Gerry Novelli Revocable Living
Bought by
Hazard Cori and Hazard Cordell Marcus
Buyer's Agent
Jennifer Gilbert-Smith
Leading Advantage Realty
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,763
Avg. Annual Appreciation
5.64%
Original Mortgage
$828,800
Outstanding Balance
$763,124
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$220,016
Purchase Details
Closed on
Jul 12, 2011
Sold by
Novelli Gerry L and Nelson Gerry L
Bought by
Gerry Novelli Revocable Living Trust
Purchase Details
Closed on
Apr 8, 2011
Sold by
Honkala Randolph A and Honkala Renee C
Bought by
Nelson Gerry L
Purchase Details
Closed on
Jan 28, 2005
Sold by
Mitchell Jeffrey D
Bought by
Honkala Randy A and Honkala Renee C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2001
Sold by
Smith Michael Duane
Bought by
Schlabach John J and Land Management Trust
Purchase Details
Closed on
Dec 12, 1997
Sold by
Trail Jeffery A and Trail Kammy R
Bought by
Smith Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
8.99%
Similar Homes in Colbert, WA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | Ticor Title Company | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $457,280 | First American Title Ins | |
| Warranty Deed | $367,000 | First American Title Ins | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $239,900 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $828,800 | VA | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $40,000 | Commercial | |
| Previous Owner | $30,000 | Commercial | |
| Previous Owner | $340,000 | Unknown | |
| Previous Owner | $140,000 | Credit Line Revolving | |
| Previous Owner | $147,000 | Purchase Money Mortgage | |
| Previous Owner | $191,920 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $800,000 | 0.0% | $193 / Sq Ft |
| 11/05/2021 11/05/21 | Sold | $800,000 | 0.0% | $193 / Sq Ft |
| 11/05/2021 11/05/21 | For Sale | $800,000 | 0.0% | $193 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | For Sale | $800,000 | -- | $193 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 | $9,601 | $906,960 | $188,560 | $718,400 |
| 2024 | $9,601 | $952,160 | $168,360 | $783,800 |
| 2023 | $7,585 | $916,720 | $159,520 | $757,200 |
| 2022 | $7,321 | $836,820 | $159,520 | $677,300 |
| 2021 | $6,398 | $607,180 | $116,280 | $490,900 |
| 2020 | $6,014 | $541,380 | $96,280 | $445,100 |
| 2019 | $5,705 | $518,260 | $89,960 | $428,300 |
| 2018 | $6,198 | $472,360 | $89,960 | $382,400 |
| 2017 | $5,896 | $452,560 | $89,960 | $362,600 |
| 2016 | $6,041 | $454,060 | $89,960 | $364,100 |
| 2015 | $4,073 | $419,260 | $89,960 | $329,300 |
| 2014 | -- | $408,270 | $85,570 | $322,700 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Kyle Krug
John L Scott, Inc.
(509) 951-8792
6 in this area
194 Total Sales
-
Buyer's Agent in 2021
Jennifer Gilbert-Smith
RE/MAX
(253) 653-9033
2 in this area
66 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202122370
APN: 37173.9085
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