NOT LISTED FOR SALE

5508 N Radium Ln Spokane, WA 99217

Estimated Value: $589,000 - $718,000

3 Beds
2 Baths
2,027 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $498,831 $246 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,041/month

14 Days on Market

Highlights

  • Secluded Lot
  • Great Room
  • 3 Car Attached Garage
  • Territorial View
  • Den
  • Eat-In Kitchen

About This Home

As of March 2021

This elegant Paras Rancher is centrally located in the gated community of Valley Springs, just west of Argonne and north of Upriver Drive. It's close to Centennial Trail, and only a short drive to downtown Spokane or Spokane Valley shopping. With over 2,000 square feet, this 3 bed, 2 bath home has plenty of elbow room! The Camille boasts a spacious design with an open kitchen, oversized dining room, large great room, and an additional den. It has a tandem 3-car garage, and covered front and rear patios. Fantastic master suite with very large mud-set shower and enormous walk-in closet. This new construction is ready for your personal touch! Set up a showing today.

Last Listed By

Fred Jakubek

Coldwell Banker Tomlinson License #50048 Listed on: 09/17/2020

Coldwell Banker Tomlinson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,091

Year Built

  • Built in 2021

Lot Details

  • 8,229 Sq Ft Lot
  • Secluded Lot
  • Partial Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stone Exterior Construction
  • Hardboard

Interior Spaces

  • 2,027 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room
  • Den
  • Territorial Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Programmable Thermostat
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36364.1105

Community Details

Overview

  • Built by Paras Homes LLC
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,091

Year Built

Built in 2021

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Sub Type: Res/Site Blt
  • New Construction: Yes
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 2021
  • Lvt Date: 09/17/2020
  • Common Interest Community: No
  • Geo Address Line: 5508 N Radium Ln
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/17/2020 11:37:06 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2027
  • Price Per Sq Ft: 246.09
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 3
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Crawl
  • Special Features: Mn Flr Util, Cath Cling, Vinyl Wn Fr, Multi Pn Wn
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: 1st Flr, Off Kit, Outside Ent, Great room, Den or Office
  • Features: 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, Gas Rng, D/W, Disposal, Microwave, Pantry, Kit Island
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Stn Accent, Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm., Hi Eff Furn (>90%)
  • Power Company: Inland
  • Water Company: Pasadena

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Cable Internet

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.19
  • Estimated Lot Sq Ft: 8229
  • Loc Dir E W: E
  • Loc Numberblk E W: 67
  • Loc Numberblks N S: 55
  • Lot Information: View, Part Spr Sys, Secluded, CC & R
  • Lot View: Territorial
  • Monthly Assessment: 50
  • Parcel Number: 36364.1105
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Building Info

  • Builder Name: Paras Homes LLC

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 36364.1105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Mar 8, 2021
Sold by
Paras Homes Llc
Bought by
Mehlert Ronald L and Guthrie Mehlert Karen
Seller's Agent
Fred Jakubek
Coldwell Banker Tomlinson
Buyer's Agent
Melissa Tetreault
REAL Broker LLC
List Price
$489,900
Sold Price
$498,831
Premium/Discount to List
$8,931
1.82%
Total Days on Market
14
Current Estimated Value
$640,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,931
Avg. Annual Appreciation
5.37%
Original Mortgage
$399,064
Outstanding Balance
$361,774
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$258,197

Purchase Details

Listed on
Sep 17, 2020
Closed on
Mar 1, 2021
Sold by
Pbh Development Llc
Bought by
Paras Homes Lc
Seller's Agent
Fred Jakubek
Coldwell Banker Tomlinson
Buyer's Agent
Melissa Tetreault
REAL Broker LLC
List Price
$489,900
Sold Price
$498,831
Premium/Discount to List
$8,931
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,064
Outstanding Balance
$361,774
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$258,197

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
Mehlert Ronald L $498,831 Vista Title And Escrow Llc
Paras Homes Lc -- Vista Title And Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehlert Ronald L $399,064
Previous Owner Paras Homes Llc $387,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $498,831 +1.8% $246 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $489,900 -- $242 / 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 $7,091 $614,000 $115,000 $499,000
2023 $6,688 $606,800 $100,000 $506,800
2022 $6,269 $587,300 $100,000 $487,300
2021 $1,305 $65,000 $65,000 $0
2020 $733 $55,000 $55,000 $0
2019 $714 $55,000 $55,000 $0
2018 $683 $45,000 $45,000 $0
2017 $673 $45,000 $45,000 $0
2016 $681 $45,000 $45,000 $0
2015 $698 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202022311

Spokane Association of REALTORS®

APN: 36364.1105