NOT LISTED FOR SALE

7118 E Peone Rd Mead, WA 99021

Estimated Value: $408,000 - $585,003

3 Beds
2 Baths
2,252 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $325,000 $144 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,178/month

104 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Wood Burning Stove
  • Horses Allowed On Property
  • Mountain View
  • Contemporary Architecture

About This Home

As of February 2020

One of a kind Peone Prairie horse ranch on 4.88 acres just minutes into town! This picturesque property offers over 2200 sq ft of space including 4 bedrooms and 2 baths, a family room, music room, great room w/pot belly stove, cover front and back porch, large hay barn, vintage barn with saddle room and storage w/loft, garden area and is fully fenced and ready for your touch. Many antiques in the home are included and will stay with the home and its rich history. Call today for more information

Last Agent to Sell the Property

Scott Smith

Windermere Coeur d'Alene Realt License #115451 Listed on: 09/25/2019

Windermere Coeur d'Alene Realt

Last Buyer's Agent

Brandon Marchand

Keller Williams Spokane - Main License #23628

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1900

Lot Details

  • 4.88 Acre Lot
  • Cross Fenced
  • Fenced Front Yard
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Irregular Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned Ag

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Detached Garage
  • Workshop in Garage
  • RV Access or Parking

Outdoor Features

  • Storage Shed
  • Shop

Schools

  • Orchard Prairie Elementary School
  • Mountainside Middle School
  • Mt Spokane High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horse Setup
  • Horses Allowed On Property
  • Hay Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • 200+ Amp Service
  • Private Water Source
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 36124.9005

Community Details

Overview

  • Greeb Bluff Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,178

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved, Gravel
  • Class: Residential
  • Excluded Items: See List
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1900
  • Zone: Ag
  • Lvt Date: 09/25/2019
  • Common Interest Community: No
  • Geo Address Line: 7118 E Peone Rd
  • Geo Primary City: Mead
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/25/2019 11:13:17 PM
  • Geo Zoom Level: 15
  • Sr High: Mt Spokane
  • Jr High: Mountainside
  • Subdivision/Development: Greeb Bluff
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2252
  • Price Per Sq Ft: 144.32
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 3
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Family Room: 2
  • First Floor Fireplace: 2
  • Second Floor Bedrooms: 1
  • Basement: Partial, Unfinished
  • Basement: Yes
  • Special Features: Mn Flr Util, Nat Wdwrk, Wood Wn Fr
  • Design: Contemp
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr, Off Kit
  • Features: 200 AMP
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, Refrig, Kit Island
  • Number of Family Rooms: 2
  • Number of Fireplaces: 2
  • Stove: Wood Burn

Exterior Features

  • Exterior: Wood
  • Out Buildings: Shop, Barn, Stge Shd, Hay, Horse Setup
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking, Shop Area, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Elec, El Wall Unit
  • Power Company: Avista

Condo/Co-op/Association

  • Amenities: Deck, Patio

Schools

  • School District: Mead
  • Elementary School: Orchard Prairie
  • Middle School: Mountainside
  • High School: Mt Spokane
  • School District: Mead
  • Elementary School: Orchard Prairie

Lot Info

  • Acres Mol: 4.88
  • Estimated Lot Sq Ft: 212573
  • Loc Dir E W: E
  • Loc Numberblk E W: 68
  • Loc Numberblks N S: 116
  • Lot Information: View, Fncd Frt Yd, Cross Fncd, Treed, Level, Open, Rolling, Bus Rt, Oversized, Irreg, Fenced, Horses Allowed
  • Lot View: Mountain, Territorial
  • Parcel Number: 36124.9005
  • Site Improvements: Septic Sys, Pvt Wtr, Irrigation

Tax Info

  • Taxes: 2178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Feb 11, 2020
Sold by
Townsend Bryan R
Bought by
Byrne Anh N
Seller's Agent
Scott Smith
Windermere Coeur d'Alene Realt
Buyer's Agent
Brandon Marchand
Keller Williams Spokane - Main
List Price
$4,500,000
Sold Price
$325,000
Premium/Discount to List
-$4,175,000
-92.78%
Current Estimated Value
$506,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,251
Avg. Annual Appreciation
7.91%
Original Mortgage
$308,750
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 1997
Sold by
Wood Jack D
Bought by
Wood Jack D and Wood Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,300
Interest Rate
7.74%
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
Byrne Anh N -- Ticor Title Company
Byrne Anh N $325,000 Ticor Title Company
Wood Jack D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrne Anh N $65,000
Open Byrne Anh N $314,250
Closed Byrne Anh N $308,750
Previous Owner Wood Jack D $113,841
Previous Owner Wood Jack D $45,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $325,000 -7.1% $144 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
11/06/2019 11/06/19 Price Changed $350,000 -22.2% $155 / Sq Ft
09/26/2019 09/26/19 Price Changed $450,000 -90.0% $200 / Sq Ft
09/25/2019 09/25/19 For Sale $4,500,000 -- $1,998 / 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 $4,584 $433,240 $211,240 $222,000
2024 $4,584 $446,800 $187,600 $259,200
2023 $4,166 $447,700 $177,600 $270,100
2022 $3,897 $447,700 $177,600 $270,100
2021 $3,731 $322,560 $114,460 $208,100
2020 $3,339 $274,730 $83,530 $191,200
2019 $2,178 $179,830 $71,530 $108,300
2018 $2,433 $171,630 $71,530 $100,100
2017 $2,309 $163,530 $71,530 $92,000
2016 $2,292 $156,630 $71,530 $85,100
2015 $2,196 $153,330 $71,530 $81,800
2014 -- $153,330 $71,530 $81,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201924161

Spokane Association of REALTORS®

APN: 36124.9005