NOT LISTED FOR SALE

5616 S Ravencrest Dr Spokane, WA 99224

Latah Valley Neighborhood

Estimated Value: $475,000 - $640,000

3 Beds
2 Baths
3,000 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $531,038 $177 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,536/month

30 Days on Market

Highlights

  • Mountain View
  • Family Room Off Kitchen
  • Eat-In Kitchen
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Building Patio

About This Home

As of October 2023

Here is your new home in the highly sought after Eagle Ridge Community. This Greenstone home was built in 2014 and boasts numerous upgrades, including Luxury Vinyl Plank (LVP) flooring, exquisite granite countertops adorned by a pebbled backsplash in the kitchen, tastefully painted cabinetry, and a suite of stainless-steel appliances. Step onto the rear deck conveniently situated adjacent to the kitchen dining area for views of awesome sunsets. The open-concept family room is a centerpiece and features a gas fireplace. The main level Primary Suite is highlighted by a walk-in closet meticulously crafted by California Closets. Additionally, the main floor encompasses two more bedrooms and a complete bathroom. The lower level offers an expansive 1,500 unfinished square feet with room for at least two more egress bedrooms, and the rough plumbing for an additional bathroom is already in place. There is also a walk-out slider leads to the lower patio. This home is located near Whispering Pines Park.

Last Agent to Sell the Property

Tim Olsen

John L Scott, Spokane Valley License #130602 Listed on: 08/09/2023

John L Scott, Spokane Valley

Last Buyer's Agent

Melissa Murphy

Prime Real Estate Group License #24076

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 2014

Lot Details

  • 7,708 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $47 Monthly HOA Fees

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Hardboard

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Rough-In Basement Bathroom
  • Basement with some natural light

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34063.4621

Community Details

Overview

  • Eagle Ridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 2014

Lot Details

0

HOA Fees

$47 per month

Listing Details

  • HOA YN: Yes
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 2014
  • Lvt Date: 08/09/2023
  • Common Interest Community: No
  • Geo Address Line: 5616 S Ravencrest Dr
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/9/2023 7:42:39 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Subdivision/Development: Eagle Ridge
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3000
  • Price Per Sq Ft: 177.01
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1500
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Unfinished, RI Bath, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Estimated Basement Sq Ft: 1500
  • Basement Percent: 100
  • Basement: Yes
  • Special Features: Cath Cling, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: 1st Flr, Off Kit, Outside Ent
  • Features: Breakers
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, D/W, Refrig, Disposal, Microwave, Pantry, Kit Island, Washer, Dryer, Hrd Surface Counters
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Hi Eff Furn (>90%)

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio

Schools

  • School District: Cheney
  • School District: Cheney

Lot Info

  • Acres Mol: 0.18
  • Estimated Lot Sq Ft: 7708
  • Lot Information: Fncd Bk Yd, Spr Sys, Bus Rt, Plan Unit Dev, CC & R
  • Lot View: Mountain, Territorial
  • Monthly Assessment: 47
  • Parcel Number: 34063.4621
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 4,600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Bakay Kateryna V and Seville Steven
Bought by
Ravencrest Llc and Bakay
Current Estimated Value
$560,608

Purchase Details

Listed on
Aug 9, 2023
Closed on
Oct 3, 2023
Sold by
Kolokoff Valerie Ruth
Bought by
Seville Steven R and Bakay Kateryna V
Seller's Agent
Tim Olsen
John L Scott, Spokane Valley
Buyer's Agent
Melissa Murphy
Prime Real Estate Group
List Price
$535,000
Sold Price
$531,038
Premium/Discount to List
-$3,962
-0.74%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$477,934
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2014
Closed on
Dec 12, 2014
Sold by
Ponderosa Ridge Homes Llc
Bought by
Kolokoff Valerie Ruth
Seller's Agent
Jim Lister
Windermere Manito, LLC
Buyer's Agent
Ric Lake
Windermere City Group
List Price
$284,900
Sold Price
$284,000
Premium/Discount to List
-$900
-0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$227,200
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2012
Sold by
Genstar Land Company Northwest Llc
Bought by
Ponderosa Ridge Homes Llc
Source: Public Records

Range of Values:

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

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
Ravencrest Llc $313 None Listed On Document
Ravencrest Llc $313 None Listed On Document
Seville Steven R $531,038 First American Title Insurance
Kolokoff Valerie Ruth $284,000 Inland Professional Title
Ponderosa Ridge Homes Llc $880,280 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seville Steven R $477,934
Previous Owner Kolokoff Valerie Ruth $227,200
Previous Owner Ponderosa Ridge Homes Llc $18,000,000
Previous Owner Ponderosa Ridge Homes Llc $729,000
Previous Owner Ponderosa Ridge Homes Llc $18,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $531,038 -0.7% $177 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $535,000 +88.4% $178 / Sq Ft
12/16/2014 12/16/14 Sold $284,000 -0.3% $188 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $284,900 -- $189 / 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 $5,222 $499,000 $115,000 $384,000
2024 $5,222 $522,400 $115,000 $407,400
2023 $4,639 $523,900 $110,000 $413,900
2022 $4,381 $528,700 $105,000 $423,700
2021 $4,175 $361,900 $62,000 $299,900
2020 $4,016 $330,300 $60,000 $270,300
2019 $3,799 $327,100 $40,000 $287,100
2018 $3,991 $297,700 $40,000 $257,700
2017 $3,494 $284,200 $40,000 $244,200
2016 $3,478 $271,400 $40,000 $231,400
2015 $540 $40,000 $40,000 $0
2014 -- $40,000 $40,000 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Olsen

    Seller's Agent in 2023

    Tim Olsen

    John L Scott, Spokane Valley

    (509) 999-8100

    1 in this area

    135 Total Sales

    Tim Olsen
    Section Image
  • Melissa Murphy

    Buyer's Agent in 2023

    Melissa Murphy

    Prime Real Estate Group

    (509) 220-0128

    9 in this area

    302 Total Sales

    Melissa Murphy
    Section Image
  • Jim Lister

    Seller's Agent in 2014

    Jim Lister

    Windermere Manito, LLC

    (509) 216-2222

    60 in this area

    151 Total Sales

    Jim Lister
    Section Image

  • R

    Buyer's Agent in 2014

    Ric Lake

    Windermere City Group

    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202320155

Spokane Association of REALTORS®

APN: 34063.4621

Washington Spokane County Spokane 99224 Latah Valley

5616 S Ravencrest Dr, Spokane, WA

This home is located at 5616 S Ravencrest Dr, Spokane, WA 99224 since 09 August 2023 and is currently estimated at $560,608, approximately $186 per square foot. This property was built in 2014. 5616 S Ravencrest Dr is a home located in Spokane County with nearby schools including Windsor Elementary School, Westwood Middle School, and Cheney High School.

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.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes