NOT LISTED FOR SALE

512 E Rhea Rd Colbert, WA 99005

Dartford Neighborhood

Estimated Value: $889,000 - $1,155,000

5 Beds
3 Baths
3,460 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $750,000 $217 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,881/month

15 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Secluded Lot
  • Midway Elementary School Rated A-
  • 4.89 Acre Lot
  • Traditional Architecture

About This Home

As of July 2020

Gorgeous home on close in acreage in the Mead School District! Enjoy the classic country setting w/fenced horse pastures. Home is in perfect condition. Features covered porches, large kitchen w/island, commercial refrigerator and adjoing fam rm. Stately, separate formal living area. Incredible shop w/huge office/guest area in rear. Includes horse shelter & original 1893 homestead cabin. This one is a MUST see!

Last Agent to Sell the Property

Jolene Barrington

REAL Broker LLC License #80249 Listed on: 05/30/2020

Last Buyer's Agent

Tim Tonani

John L Scott, Inc. License #119124

John L Scott, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,663

Year Built

  • Built in 1983

Lot Details

  • 4.89 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Partial Sprinkler System
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Breakfast Bar

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Storage Shed
  • Shop

Schools

  • Meadow Ridge Elementary School
  • Mountainside Middle School
  • Mt Spokane High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horse Setup
  • Horses Allowed On Property

Utilities

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

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 37202.9065

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,663

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Pvt Rd
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1983
  • Lvt Date: 05/30/2020
  • Common Interest Community: No
  • Geo Address Line: 512 E Rhea Rd
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/30/2020 6:25:26 PM
  • Geo Zoom Level: 15
  • Sr High: Mt Spokane
  • Year Renovated: 2010
  • Jr High: Mountainside
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 5
  • First Floor Bathrooms: 0.5
  • Second Floor Bedrooms: 3
  • Second Floor Bathrooms: 2
  • Basement: Full, Finished, Fam/Rec Rm
  • Basement: Yes
  • Basement Bedrooms: 2
  • Special Features: Wood Flr, Vinyl Wn Fr
  • Design: Traditional
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Wet Bar, Formal LR, Den or Office
  • Primary Bedroom: Wlkin Clst, 2nd Flr

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached, Shop Area, Opener, Off St Prkg
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Inland P&L
  • Water Company: Private

Condo/Co-op/Association

  • Amenities: Sat Dish, Deck, Gas Hot Wtr

Schools

  • School District: Mead
  • Elementary School: Meadow Ridge

Lot Info

  • Acres Mol: 4.89
  • Estimated Lot Sq Ft: 193842
  • Loc Dir E W: E
  • Loc Numberblk E W: 10
  • Loc Numberblks N S: 186
  • Lot Information: Fncd Bk Yd, Cross Fncd, Part Spr Sys, Treed, Level, Secluded, Open, Culdesac, Oversized, Fenced, Horses Allowed
  • Parcel Number: 37202.9065
  • Site Improvements: Septic Sys, Well Installed

Tax Info

  • Tax Database Id: 1
  • Taxes: 4663
  • Assessor Parcel Number: 37202.9065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jul 27, 2020
Sold by
Carr Steven B and Carr Danelle P
Bought by
Lipsky Noah J and Lipsky Melanie L
Seller's Agent
Jolene Barrington
REAL Broker LLC
Buyer's Agent
Tim Tonani
John L Scott, Inc.
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
Current Estimated Value
$975,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,461
Avg. Annual Appreciation
5.13%
Original Mortgage
$510,400
Outstanding Balance
$453,597
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$521,864

Purchase Details

Closed on
Oct 18, 2005
Sold by
Vasiliou Chris M and Vasiliou Amanda E
Bought by
Carr Steven B and Carr Danelle P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2005
Sold by
Taylor Gregory L and Taylor Susan E
Bought by
Vasiliou Chris M and Vasiliou Amanda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 1998
Sold by
Hiner John E and Shirley Hiner M
Bought by
Taylor Gregory L and Taylor Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.88%
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
Lipsky Noah J $750,000 First American Title
Carr Steven B $395,000 Transnation Title
Vasiliou Chris M $367,000 First American Title Ins
Taylor Gregory L $222,000 Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipsky Noah J $510,400
Previous Owner Carr Steven B $316,000
Previous Owner Vasiliou Chris M $293,600
Previous Owner Taylor Gregory L $133,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $750,000 0.0% $217 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/30/2020 05/30/20 Price Changed $750,000 +7.1% $217 / Sq Ft
05/30/2020 05/30/20 For Sale $700,000 -- $202 / 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 $8,995 $863,450 $184,650 $678,800
2024 $8,995 $891,830 $165,030 $726,800
2023 $8,806 $942,400 $156,300 $786,100
2022 $7,823 $972,100 $156,300 $815,800
2021 $5,096 $483,030 $114,330 $368,700
2020 $4,663 $419,130 $94,330 $324,800
2019 $4,379 $397,280 $87,780 $309,500
2018 $4,867 $370,480 $87,780 $282,700
2017 $4,394 $336,780 $87,780 $249,000
2016 $4,168 $312,680 $87,780 $224,900
2015 $4,071 $313,780 $87,780 $226,000
2014 -- $285,850 $79,850 $206,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jolene Barrington

    REAL Broker LLC

    3 in this area

    28 Total Sales

    Jolene Barrington
    Section Image
  • Tim Tonani

    Buyer's Agent in 2020

    Tim Tonani

    John L Scott, Inc.

    (509) 370-9161

    2 in this area

    51 Total Sales

    Tim Tonani
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202016356

Spokane Association of REALTORS®

APN: 37202.9065

Washington Spokane County Colbert 99005 Dartford

512 E Rhea Rd, Colbert, WA

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