NOT LISTED FOR SALE

6312 E Rae Ln Colbert, WA 99005

Estimated Value: $959,010 - $1,268,000

5 Beds
4 Baths
4,001 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $468,000 $117 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $6,240/month

10 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Ranch Style House
  • Colbert Elementary School Rated A-
  • Territorial View
  • Jetted Tub in Primary Bathroom

About This Home

As of May 2016

Gorgeous setting on 10 treed acres, just 1 mile E. of NorthWest Christian Schools, Colbert Campus, 4001 sf finished on Two levels w/4 car garage, Total of 5 bedrooms, 4 bath, Formal Din. rm, kitchen+ eating area nook, and new tile on floors kitchen, gas range, Hardwood in living and dining. FULL kitchen on both levels, Den on MF. Exterior deck views to the West, patio & hot tub area and large garden shed, fenced with water. 10 acres, square and treed. This is a very nice setting and has room for a shop.

Last Agent to Sell the Property

James Greenup

Windermere North License #11572 Listed on: 04/01/2016

Windermere North

Co-Listed By

Yogi Naresh

Windermere North License #118765

Last Buyer's Agent

Kevin Russell

Kelly Right Real Estate of Spokane License #52425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 2002

Lot Details

  • 10 Acre Lot
  • Partial Sprinkler System
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 4,001 Sq Ft Home
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Formal Dining Room
  • Den
  • Territorial Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom

Partially Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Basement with some natural light

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage
  • Off-Street Parking
  • RV Access or Parking

Schools

  • Mead High School

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Programmable Thermostat
  • 400 Amp
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 37243.9057

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Sauna

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,254

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Paved
  • Class: Residential
  • Year Built: 2002
  • Lvt Date: 04/01/2016
  • Geo Address Line: 6312 E Rae Ln
  • Geo Primary City: Colbert
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/17/2016 6:34:54 PM
  • Geo Zoom Level: 15
  • Sr High: Mead
  • Year Renovated: 2016
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 4001
  • Price Per Sq Ft: 116.97
  • Bathrooms: 4
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 2366
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • Basement: Partial, Finished, Daylight, Fam/Rec Rm, Outside Entr
  • Estimated Basement Sq Ft: 1635
  • Basement Percent: 69
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 2
  • Special Features: Mn Flr Util, Vinyl Wn Fr, Cent Vac, In-Law Setup
  • Design: Rancher, Traditional
  • Dining Room: Formal, Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Outside Ent, Great room, Den or Office
  • Features: 400 AMP
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, D/W, Refrig, Microwave, Pantry
  • Primary Bedroom: Wlkin Clst, Full Bath, Dbl Sinks, 1st Flr, Jetted Tub

Exterior Features

  • Exterior: Stone, Vinyl
  • Out Buildings: Barn
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Under Hse, RV Parking, Off St Prkg, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Htpump, Cent A/C, Prog. Therm.
  • Power Company: Avista

Condo/Co-op/Association

  • Amenities: Spa or Hot tub, Sauna, Sat Dish, Deck, Patio, Do Not Use - StS, Gas Hot Wtr

Schools

  • School District: Mead

Lot Info

  • Acres Mol: 10
  • Estimated Lot Sq Ft: 436036
  • Loc Dir E W: E
  • Loc Numberblk E W: 63
  • Loc Numberblks N S: 179
  • Lot Information: View, Part Spr Sys, Treed
  • Lot View: Territorial
  • Parcel Number: 37243.9057
  • Site Improvements: Septic Sys, Well Installed, Pvt Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 5254
  • Assessor Parcel Number: 37243.9057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 13, 2016
Sold by
Fedchun Pavel and Fedchun Alevtina
Bought by
Kulpit Michael William and Kulpit Virginia Richardson
Seller's Agent
James Greenup
Windermere North
Buyer's Agent
Kevin Russell
Kelly Right Real Estate of Spokane
List Price
$460,000
Sold Price
$468,000
Premium/Discount to List
$8,000
1.74%
Current Estimated Value
$1,062,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,253
Avg. Annual Appreciation
9.05%
Original Mortgage
$368,000
Outstanding Balance
$293,430
Interest Rate
3.71%
Mortgage Type
VA
Estimated Equity
$768,823

Purchase Details

Closed on
Aug 17, 2000
Sold by
Guillot Gerald J and Guillot Julia R
Bought by
Fedchun Pavel and Fedchun Alevtina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.16%
Mortgage Type
Seller Take Back
Source: Public Records

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
Kulpit Michael William $468,000 First American Title Ins Co
Fedchun Pavel -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulpit Michael William $368,000
Previous Owner Fedchun Pavel $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $468,000 +1.7% $117 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $460,000 -- $115 / 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 $7,826 $796,950 $240,050 $556,900
2024 $7,826 $775,410 $208,510 $566,900
2023 $7,348 $792,900 $186,500 $606,400
2022 $6,701 $810,500 $186,500 $624,000
2021 $5,621 $533,060 $115,060 $418,000
2020 $5,955 $536,060 $115,060 $421,000
2019 $5,212 $473,160 $105,060 $368,100
2018 $5,748 $437,860 $105,060 $332,800
2017 $5,381 $412,760 $105,060 $307,700
2016 $5,280 $396,560 $105,060 $291,500
2015 $4,894 $377,560 $105,060 $272,500
2014 -- $364,860 $105,060 $259,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Greenup

    Windermere North

    Section Image
  • Yogi Naresh

    Seller Co-Listing Agent in 2016

    Yogi Naresh

    Windermere North

    (509) 919-0338

    29 Total Sales

    Yogi Naresh
    Section Image

  • K

    Buyer's Agent in 2016

    Kevin Russell

    Kelly Right Real Estate of Spokane

    (509) 362-3560

    33 Total Sales

    Kevin Russell
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201614792

Spokane Association of REALTORS®

APN: 37243.9057

Washington Spokane County Colbert 99005

6312 E Rae Ln, Colbert, WA

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