NOT LISTED FOR SALE

5512 N Canal Rd Newman Lake, WA 99025

Otis Orchards-East Farms Neighborhood

Estimated Value: $460,950 - $490,000

4 Beds
2 Baths
2,144 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $470,000 $219 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,829/month

26 Days on Market

Highlights

  • Horses Allowed On Property
  • Contemporary Architecture
  • Territorial View
  • RV Access or Parking
  • Secluded Lot
  • Cathedral Ceiling

About This Home

As of September 2024

Stunning split-level home on a spacious corner lot! This beautifully remodeled in 2024, new roof, new Central AC, new furnace & hot water heater 4-bedroom 2 bathroom. Gourmet kitchen butcher block and granite counter tops perfect for the entertainer this home is move in ready and enjoy under $500K It offers everything you've been searching for situated on 0.52 acres 3 car garage electric car hook for a tesla, RV hook up 30 amp in the garage, central AC plenty of room for all your toys and RV. fabulous territorial views, minutes to beautiful hiking trails, few short minutes to Idaho. Don't miss this exceptional property it's the perfect place to call home.

Last Agent to Sell the Property

Marcy Martin

R.H. Cooke & Associates License #25019107 Listed on: 07/17/2024

Last Buyer's Agent

Taylor Potts

Amplify Real Estate Services License #24013289

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 1993

Lot Details

  • 0.52 Acre Lot
  • Fenced Yard
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Landscaped with Trees

Parking

  • 4 Car Attached Garage
  • Alley Access
  • Off-Site Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Hardboard

Interior Spaces

  • 2,144 Sq Ft Home
  • Woodwork
  • Cathedral Ceiling
  • Bay Window
  • Territorial Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • East Valley Middle School
  • East Valley High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Programmable Thermostat
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 56363.1704

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,737

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1993
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Views, Fenced Yard, Treed, Level, Secluded, Open Lot, Oversized Lot, Horses Allowed
  • Lot Size Acres: 0.52
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Cable TV, Sat Dish, Deck
  • Co List Office Phone: (509) 327-2282
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Cathedral Ceiling(s), Natural Woodwork, Window Bay Bow, Vinyl
  • New Construction: No
  • Reso Structure Type: Split Entry
  • Master Plan Zoning: res
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry, Walk-Out Access
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Kit Island
  • Basement YN: Yes
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, RV Parking, Off Site, Alley Access, Oversized

Utilities

  • Cooling: Central Air, Hi Eff Furn (>90%)
  • Heating: Gas Hot Air Furnace, Forced Air, Prog. Therm., Hi Eff Furn (>90%)

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: East Farms
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 56363.1704
  • Lot Size Sq Ft: 22648

Tax Info

  • Tax Annual Amount: 3737.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 3, 2024
Sold by
Salsby Kent
Bought by
Valkenaar Brad E and Burwell Erin J
Seller's Agent
Marcy Martin
R.H. Cooke & Associates
Buyer's Agent
Taylor Potts
Amplify Real Estate Services
List Price
$474,500
Sold Price
$470,000
Premium/Discount to List
-$4,500
-0.95%
Views
35
Current Estimated Value
$476,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,488
Avg. Annual Appreciation
1.34%
Original Mortgage
$475,000
Outstanding Balance
$469,918
Interest Rate
6.73%
Mortgage Type
VA
Estimated Equity
$6,570

Purchase Details

Closed on
Feb 19, 2020
Sold by
Estate Of Byron K Salsby
Bought by
Salsby Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Valkenaar Brad E $475,000 Ticor Title
Salsby Kent $245,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valkenaar Brad E $475,000
Previous Owner Salsby Kent $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $470,000 -0.9% $219 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $474,500 -- $221 / 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 $3,634 $361,100 $95,000 $266,100
2024 $3,634 $367,100 $85,000 $282,100
2023 $3,557 $375,400 $80,000 $295,400
2022 $3,540 $360,900 $75,000 $285,900
2021 $3,254 $255,200 $55,000 $200,200
2020 $2,942 $217,200 $50,000 $167,200
2019 $2,656 $199,300 $45,000 $154,300
2018 $2,612 $182,400 $40,000 $142,400
2017 $2,518 $175,000 $40,000 $135,000
2016 $2,345 $166,300 $35,000 $131,300
2015 $2,386 $163,500 $35,000 $128,500
2014 -- $166,400 $35,000 $131,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marcy Martin

    R.H. Cooke & Associates

    Section Image
  • Taylor Potts

    Buyer's Agent in 2024

    Taylor Potts

    Amplify Real Estate Services

    (509) 768-3566

    1 in this area

    8 Total Sales

    Taylor Potts
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202419863

Spokane Association of REALTORS®

APN: 56363.1704

Washington Spokane County Newman Lake 99025 Otis Orchards-East Farms

5512 N Canal Rd, Newman Lake, WA

This home is located at 5512 N Canal Rd, Newman Lake, WA 99025 since 17 July 2024 and is currently estimated at $476,488, approximately $222 per square foot. This property was built in 1993. 5512 N Canal Rd is a home located in Spokane County with nearby schools including East Farms School, East Valley Middle School, and East Valley High School & Extension.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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