NOT LISTED FOR SALE

7311 N Garfield Rd Spokane, WA 99224

Estimated Value: $558,000 - $699,300

2 Beds
1 Bath
1,912 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $500,000 $262 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,869/month

47 Days on Market

Highlights

  • Barn
  • 30 Acre Lot
  • Ranch Style House
  • Horses Allowed On Property
  • Mountain View
  • Walk-In Closet

About This Home

As of November 2020

Come check out this 1959 farm house, remodeled in 2019. This property rises up to give a commanding view of surrounding acres w/room to grow. The basement has a furred in bath & outside entry. Some very impressive outbuildings are: Large indoor riding arena which is 175 x 100 on the outside with an inside 95 x 74 arena w/13 horse stalls & plenty of room for hay. The shop is 40 x 30. Property is fenced & crossed fenced. Besides in the stalls and barn, there are 6 paddocks. There is an outside jumping arena.

Last Agent to Sell the Property

Warren Schick

Real Estate Marketplace NW,Inc License #73955 Listed on: 08/19/2020

Last Buyer's Agent

Kathi Pate

Windermere Manito, LLC License #27304

Windermere Manito, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1959

Lot Details

  • 30 Acre Lot
  • Cross Fenced
  • Fenced Front Yard
  • Level Lot
  • Property is zoned S Fam

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • Dining Room
  • Mountain Views
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Bathroom

Parking

  • 2 Car Garage
  • Workshop in Garage

Outdoor Features

  • Storage Shed
  • Shop

Farming

  • Barn

Horse Facilities and Amenities

  • Horse Setup
  • Horses Allowed On Property

Utilities

  • Propane Stove
  • Heating System Uses Gas
  • Well
  • Septic System

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 16261.9005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,308

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1959
  • Zone: S Fam
  • Lvt Date: 08/19/2020
  • Common Interest Community: No
  • Geo Address Line: 7311 N Garfield Rd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/19/2020 4:51:09 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 1912
  • Price Per Sq Ft: 261.51
  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 1011
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Partial, Part Fin
  • Estimated Basement Sq Ft: 501
  • Basement Percent: 89%
  • Basement: Yes
  • Special Features: Wood Flr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Features: Breakers
  • Kitchen Appliances: Refrig, Pantry
  • Primary Bedroom: Wlkin Clst, 1st Flr
  • Stove: Propane

Exterior Features

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

Garage/Parking

  • Garage Parking: Shop Area
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas
  • Power Company: Inland

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Reardan/Edwall

Lot Info

  • Acres Mol: 30
  • Estimated Lot Sq Ft: 1306800
  • Lot Information: View, Fncd Frt Yd, Cross Fncd, Level, Fenced, Horses Allowed
  • Lot View: Mountain
  • Parcel Number: 16261.9005
  • Site Improvements: Septic Sys, Well Installed

Tax Info

  • Taxes: 2308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Nov 20, 2020
Sold by
Speirs Kathy
Bought by
Oleksak David G and Cooper Kristina D
Seller's Agent
Warren Schick
Real Estate Marketplace NW,Inc
Buyer's Agent
Kathi Pate
Windermere Manito, LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$646,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,075
Avg. Annual Appreciation
6.67%
Original Mortgage
$400,000
Outstanding Balance
$358,371
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$324,994
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
Oleksak David G $500,000 Spokane County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleksak David G $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $500,000 -4.8% $262 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $525,000 -- $275 / 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 $5,488 $633,000 $174,500 $458,500
2024 $5,488 $621,750 $146,250 $475,500
2023 $4,892 $621,750 $146,250 $475,500
2022 $4,430 $621,750 $146,250 $475,500
2021 $2,603 $241,430 $75,630 $165,800
2020 $2,470 $224,730 $70,630 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202020734

Spokane Association of REALTORS®

APN: 16261.9082