NOT LISTED FOR SALE

5111 E Russell Rd Colbert, WA 99005

Estimated Value: $585,000 - $656,000

4 Beds
3 Baths
2,378 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $585,000 $246 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,588/month

36 Days on Market

Highlights

  • Territorial View
  • Family Room Off Kitchen
  • Dual Closets
  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Private and secluded, this beautiful home rests in a country like setting with gorgeous views and abundant wildlife. This 4bd/3ba features a formal dining and/or office, formal living, family room, and main floor laundry/mud room. The home has a new roof and is freshly painted and carpeted throughout. Whether sitting on the wrap around porch or the backyard patio with a lovely garden waterfall, this has 7.8 acres for the family that loves wide open spaces. There are lots of windows to take in the view from every room. Don't miss the opportunity to live in a secluded peaceful setting and still be close to shopping, schools and town.

Last Agent to Sell the Property

Christine Sitton

John L Scott, Spokane Valley License #92969 Listed on: 04/04/2023

John L Scott, Spokane Valley

Last Buyer's Agent

Calista Wallick

Kelly Right Real Estate of Spokane License #21016622

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 7.8 Acre Lot
  • Open Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,378 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Territorial Views
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Dual Closets
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 37021.9067

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Gravel
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1991
  • Lvt Date: 04/04/2023
  • Common Interest Community: No
  • Geo Address Line: 5111 E Russell Rd
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/4/2023 8:50:48 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2378
  • Price Per Sq Ft: 246.01
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 4
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Bedrooms: 4
  • Second Floor Bathrooms: 2
  • Basement: Crawl
  • Special Features: Mn Flr Util, Bay Wind, Vinyl Wn Fr
  • Family/Recreation Room: 1st Flr, Off Kit, Outside Ent
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Washer, Dryer
  • Primary Bedroom: Dbl Clst, Full Bath, 2nd Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Deck, Gas Hot Wtr

Schools

  • School District: Riverside

Lot Info

  • Acres Mol: 7.8
  • Estimated Lot Sq Ft: 339768
  • Loc Dir E W: E
  • Loc Numberblk E W: 43
  • Loc Numberblks N S: 233
  • Lot Information: View, Treed, Open, Bus Rt
  • Lot View: Territorial
  • Parcel Number: 37021.9067
  • Site Improvements: Septic Sys, Pub Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jun 7, 2023
Sold by
Bowman Laurie
Bought by
Lawson Christopher P and Lawson Sarah K
Seller's Agent
Christine Sitton
John L Scott, Spokane Valley
Buyer's Agent
Calista Wallick
Kelly Right Real Estate of Spokane
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Views
25
Current Estimated Value
$614,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,022
Avg. Annual Appreciation
1.89%
Original Mortgage
$400,000
Outstanding Balance
$389,382
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$224,640
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Lawson Christopher P $585,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Christopher P $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $585,000 -1.7% $246 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $595,000 0.0% $250 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $595,000 0.0% $250 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $595,000 -- $250 / 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 $4,518 $550,240 $199,240 $351,000
2024 $4,518 $571,700 $182,800 $388,900
2023 $4,208 $552,500 $164,000 $388,500
2022 $4,183 $540,200 $167,800 $372,400
2021 $3,803 $394,940 $114,640 $280,300
2020 $3,770 $374,800 $130,400 $244,400
2019 $3,278 $332,400 $101,400 $231,000
2018 $3,421 $304,700 $93,400 $211,300
2017 $3,248 $297,400 $93,400 $204,000
2016 $3,015 $270,000 $88,400 $181,600
2015 $3,014 $259,200 $88,400 $170,800
2014 -- $258,800 $85,900 $172,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202313306

Spokane Association of REALTORS®

APN: 37021.9067