NOT LISTED FOR SALE

5716 N Malta St Newman Lake, WA 99025

Otis Orchards-East Farms Neighborhood

Estimated Value: $417,000 - $473,000

3 Beds
2 Baths
1,970 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $435,000 $221 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,728/month

19 Days on Market

Highlights

  • RV Access or Parking
  • Great Room
  • Oversized Lot
  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2022

Beautifully updated Newman Lake area home with oversized lot of approximately .29 acres! Very open floor plan with great room, including 3 bedrooms, 2 baths. Many updates include new vinyl windows, new interior doors/trim, newer roof, recent exterior paint a recently finished lower bathroom that is amazing! Within the lower level another office or 4th bedroom is underway; finish to your specifications. Gas furnace and central A/C. Nicely landscaped front and back yards with full sprinkler system. Back yard has a new large composite deck for those summer barbeques; many nice brick hardscapes including a relaxing fire pit; garden shed and large fenced in garden area. Keep your RV within the fully fenced back yard with additional RV parking and potential shop space.

Last Agent to Sell the Property

Jason Malone

Windermere North License #30208 Listed on: 07/23/2022

Last Buyer's Agent

Kirk Fisher

Kelly Right Real Estate of Spokane License #18731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,428

Year Built

  • Built in 1992

Lot Details

  • 0.29 Acre Lot
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Storage Shed

Schools

  • East Farms Elementary School
  • East Valley Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Septic System
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56362.0903

Community Details

Overview

  • No Home Owners Association

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,428

Year Built

Built in 1992

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: TV, white storage racks in garage, chicken coop
  • Style Of Construction: Split Entry
  • Year Built: 1992
  • Lvt Date: 07/23/2022
  • Common Interest Community: No
  • Geo Address Line: 5716 N Malta St
  • Geo Primary City: Newman Lake
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/23/2022 6:29:53 PM
  • Geo Zoom Level: 15
  • Sr High: East Valley
  • Jr High: East Valley
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 1970
  • Price Per Sq Ft: 220.81
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1016
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full, Part Fin, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 954
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Bathrooms: 0.75
  • Basement Family Room: 1
  • Special Features: Cath Cling, Skylight, Vinyl Wn Fr
  • Design: Traditional
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr, Great room
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Washer, Dryer
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Family Rooms: 2

Exterior Features

  • Exterior: T-111
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking, Shop Area, Opener
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm.
  • Power Company: Avista
  • Water Company: Irr Dis 19

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Gas Hot Wtr, Cable Internet

Schools

  • School District: East Valley
  • Elementary School: East Farms
  • Middle School: East Valley
  • High School: East Valley
  • School District: East Valley
  • Elementary School: East Farms

Lot Info

  • Acres Mol: 0.29
  • Estimated Lot Sq Ft: 12870
  • Loc Dir E W: E
  • Loc Numberblk E W: 255
  • Loc Numberblks N S: 57
  • Estimated Lot Dimension Depth: 130
  • Estimated Lot Dimension Front: 99
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Oversized, Fenced, Garden
  • Parcel Number: 56362.0903
  • Site Improvements: Septic Sys, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 3428
  • Assessor Parcel Number: 56362.0903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Bright Dale Bailey
Bought by
Bright Matthew D
Current Estimated Value
$440,245

Purchase Details

Listed on
Jul 23, 2022
Closed on
Sep 23, 2022
Sold by
Michael Ballard and Michael Gary
Bought by
Ballard Gary Michael
Seller's Agent
Jason Malone
Windermere North
Buyer's Agent
Kirk Fisher
Kelly Right Real Estate of Spokane
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Original Mortgage
$326,250
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2022
Closed on
Sep 15, 2022
Sold by
Krebs Jordan D and Krebs Stephanie E
Bought by
Bright Dale Bailey and Ballard Gary Michael
Seller's Agent
Jason Malone
Windermere North
Buyer's Agent
Kirk Fisher
Kelly Right Real Estate of Spokane
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2012
Closed on
Feb 22, 2013
Sold by
Swartz Douglas S and Swartz Deborah S
Bought by
Krebs Jordan D and Krebs Stephanie E
Seller's Agent
Julia Marcyes
Julia Sells Homes, LLC
Buyer's Agent
Jake Senescall
eXp Realty, LLC Branch
List Price
$154,900
Sold Price
$148,500
Premium/Discount to List
-$6,400
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$151,530
Interest Rate
3.34%
Mortgage Type
New Conventional
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
Bright Matthew D $313 None Listed On Document
Ballard Gary Michael -- Vista Title And Escrow Llc
Bright Dale Bailey -- Vista Title And Escrow Llc
Krebs Jordan D $148,780 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballard Gary Michael $326,250
Previous Owner Bright Dale Bailey $326,250
Previous Owner Krebs Jordan D $117,100
Previous Owner Krebs Jordan D $134,000
Previous Owner Krebs Jordan D $151,530
Previous Owner Swartz Douglas S $139,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $435,000 -1.1% $221 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $440,000 +196.3% $223 / Sq Ft
02/28/2013 02/28/13 Sold $148,500 -4.1% $75 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
07/14/2012 07/14/12 For Sale $154,900 -- $79 / 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 $3,948 $389,700 $90,000 $299,700
2024 $3,948 $401,200 $80,000 $321,200
2023 $3,603 $405,400 $80,000 $325,400
2022 $3,429 $366,000 $80,000 $286,000
2021 $3,144 $245,800 $55,000 $190,800
2020 $2,907 $214,400 $50,000 $164,400
2019 $2,622 $196,500 $40,000 $156,500
2018 $2,574 $179,500 $40,000 $139,500
2017 $2,369 $165,200 $40,000 $125,200
2016 $2,192 $154,200 $40,000 $114,200
2015 $2,246 $152,900 $35,000 $117,900
2014 -- $153,700 $33,000 $120,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Malone

    Seller's Agent in 2022

    Jason Malone

    Windermere North

    (509) 879-3448

    4 in this area

    149 Total Sales

    Jason Malone
    Section Image
  • Kirk Fisher

    Buyer's Agent in 2022

    Kirk Fisher

    Kelly Right Real Estate of Spokane

    (208) 661-4663

    2 in this area

    55 Total Sales

    Kirk Fisher
    Section Image

  • J

    Seller's Agent in 2013

    Julia Marcyes

    Julia Sells Homes, LLC

  • Jake Senescall

    Buyer's Agent in 2013

    Jake Senescall

    eXp Realty, LLC Branch

    (509) 993-7918

    122 Total Sales

    Jake Senescall
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202220009

Spokane Association of REALTORS®

APN: 56362.0903

Washington Spokane County Newman Lake 99025 Otis Orchards-East Farms

5716 N Malta St, Newman Lake, WA

This home is located at 5716 N Malta St, Newman Lake, WA 99025 since 23 July 2022 and is currently estimated at $440,245, approximately $223 per square foot. This property was built in 1992. 5716 N Malta St 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.

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