NOT LISTED FOR SALE

Estimated Value: $734,000 - $864,000

3 Beds
4 Baths
3,542 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $660,000 $186 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,016/month

24 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • 7.53 Acre Lot
  • Midway Elementary School Rated A-
  • City View
  • Jetted Tub in Primary Bathroom

About This Home

As of November 2021

The world needs more front porches like this one! Warm up in the winter next to the gas fireplace in either living room. Sit on the front porch in the summer enjoying the lush green yards and garden. Control your underground sprinkler system with a touch on your smart phone. This home on acreage is situated in the perfect location; walk to the Northside Aquatic Center or drive to the theater in under 10 minutes! This home has main flooring living with a basement. The basement is partially finished and can easily be made to fit anyone's needs. Shop is heated and insulated plenty of room to work on projects and store your toys! Home is generator ready. RV hook up is in place for guests. Seller wants this one sold ASAP! Call your agent for a showing today and bring us your offers!

Last Listed By

Lisa Jordan

Arcadia Realty License #26676 Listed on: 09/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,756

Year Built

  • Built in 1999

Lot Details

  • 7.53 Acre Lot
  • Cul-De-Sac
  • Cross Fenced
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Garden

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof

Interior Spaces

  • 3,542 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Home Security System
  • Security Lights

Parking

  • 2 Car Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic System
  • Internet Available

Additional Features

  • Shop
  • Horses Allowed On Property

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 37202.9083

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,756

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1999
  • Lvt Date: 09/07/2021
  • Common Interest Community: No
  • Geo Address Line: 517 E Rhea Rd
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/8/2021 1:24:32 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3542
  • Price Per Sq Ft: 186.34
  • Number of Stories: 1
  • Bathrooms: 4
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1807
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 3
  • First Floor Family Room: 2
  • First Floor Fireplace: 1
  • Basement: Full, Part Fin
  • Estimated Basement Sq Ft: 1735
  • Basement Percent: 50
  • Basement: Yes
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Vinyl Wn Fr, Multi Pn Wn
  • Design: Rancher
  • Dining Room: Formal, Informal, Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Outside Ent
  • Features: 200 AMP, Breakers, Sec Alarm, Sec Lights
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, D/W, Refrig, Disposal, Microwave, Kit Island, Washer, Dryer
  • Primary Bedroom: Dbl Clst, Full Bath, 1st Flr, Jetted Tub
  • Number of Family Rooms: 3
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Fiber Cement
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Detached, RV Parking, Shop Area, Opener, Off St Prkg, Oversized
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Htpump
  • Power Company: Inland
  • Water Company: well

Condo/Co-op/Association

  • Amenities: Deck, Gas Hot Wtr, Cable Internet

Schools

  • School District: Mead

Lot Info

  • Acres Mol: 7.53
  • Estimated Lot Sq Ft: 328007
  • Loc Dir E W: E
  • Loc Numberblk E W: 510
  • Loc Numberblks N S: 186
  • Lot Information: Fncd Bk Yd, Cross Fncd, Spr Sys, Level, Open, Culdesac, Oversized, Surveyed, Horses Allowed, Garden
  • Lot View: City, Territorial
  • Parcel Number: 37202.9083
  • Site Improvements: Septic Sys, Well Installed, Pub Wtr

Tax Info

  • Taxes: 4756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 4, 2021
Sold by
Geisler Edward E and Stosalovich Marilyn J
Bought by
Sherwood Kristin and Sherwood Kristopher
Seller's Agent
Lisa Jordan
Arcadia Realty
Buyer's Agent
Jodi Hoffman
John L Scott, Spokane Valley
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%
Total Days on Market
24
Current Estimated Value
$784,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,537
Avg. Annual Appreciation
5.09%
Original Mortgage
$485,000
Outstanding Balance
$448,444
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$336,093

Purchase Details

Closed on
Dec 11, 2006
Sold by
Geisler Edward E
Bought by
Geisler Edward E and Stosalovich Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1998
Sold by
Tomlinson Black North Inc
Bought by
Norris Kevin F and Norris Doris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8%

Purchase Details

Closed on
Oct 28, 1988
Sold by
Parker Vivian M
Bought by
Norris Kevin F and Norris Doris J

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
Sherwood Kristin $660,000 First American Title Ins Co
Geisler Edward E -- First American Title Ins
Norris Kevin F -- First American Title Ins
Geisler Edward E -- First American Title Ins
Geisler Edward E -- Spokane County Title Company
Geisler Edward E $49,000 Spokane County Title Company
Norris Kevin F -- Transamerica Title Ins Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherwood Kristin $485,000
Previous Owner Geisler Edward E $16,772
Previous Owner Geisler Edward E $268,000
Previous Owner Geisler Edward E $248,405
Previous Owner Geisler Edward E $245,000
Previous Owner Geisler Edward E $188,630
Previous Owner Geisler Edward E $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $660,000 -5.0% $186 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $695,000 +5.3% $196 / Sq Ft
09/18/2021 09/18/21 Off Market $660,000 -- --
09/18/2021 09/18/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $695,000 -6.7% $196 / Sq Ft
09/07/2021 09/07/21 For Sale $745,000 -- $210 / 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
2024 $7,740 $766,820 $185,020 $581,800
2023 $6,116 $737,190 $175,390 $561,800
2022 $5,421 $673,990 $175,390 $498,600
2021 $4,756 $450,620 $129,120 $321,500
2020 $4,351 $390,920 $109,120 $281,800
2019 $4,107 $372,420 $103,120 $269,300
2018 $4,490 $341,620 $103,120 $238,500
2017 $4,287 $328,520 $103,120 $225,400
2016 $4,361 $327,220 $103,120 $224,100
2015 $4,322 $333,290 $104,390 $228,900
2014 -- $317,730 $93,330 $224,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Spokane Association of REALTORS®

MLS Number: 202121866

Spokane Association of REALTORS®

APN: 37202.9083