NOT LISTED FOR SALE

81 Terrace Ave Newport, WA 99156

Estimated Value: $836,000 - $1,249,000

0.22 Acre
$4,487,886 Price per Acre
9,400 Sq Ft Lot

Last Sold June 22, 2021

Last sale price $302,000

Est. 227% increase in value since last sale

Current estimated payment $5,753/month

7 Days on Market

Highlights

  • Lake Front
  • Docks
  • Oversized Lot

About This Lot

As of June 2021

Diamond Lake low bank gentle sloping waterfront lot in West Bay. Public sewer and water installed at the lot with minimal connection fees. Low cost PUD electricity and fiber optic cable at the property line. No CCRs. Rigid ramp and 8' x 30' aluminum pontoon dock included. 2 majestic cedar trees. Ownership also includes the 2nd Class Shorelands providing ownership of the waterfrontage and into the lake. Lot faces to the SSE. West Bay is a no-wake zone. Silty lake bottom. Sandy beach. Pleasant view facing the bay and West end of the lake. The lot dimensions are irregular - 75' at the road. 50' at the high water mark. 42' ff frontage at the lake.

Last Agent to Sell the Property

Richard Bockemuehl

CENTURY 21 Beutler & Associates License #34076 Listed on: 04/19/2021

Last Buyer's Agent

Mike Crowley

Spokane Home Buyers License #12461

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,638

Lot Details

  • 9,400 Sq Ft Lot
  • Lake Front
  • Shore Act
  • Oversized Lot
  • Open Lot
  • Irregular Lot
  • 443002529074
  • Property is zoned R10

Property Views

  • Water
  • Mountain
  • Territorial

Schools

  • Newport Middle School
  • Newport High School

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 443002529016

Community Details

Overview

  • Newport Summer Homes Subdivision

Recreation

  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$1,638

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views, Open Lot, Oversized Lot, Irregular Lot
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Mountain(s), Territorial, Water
  • Water Body Name: Diamond Lk
  • Co List Office Phone: 509-321-1122
  • MLS Status: Sold
  • Subdivision Name: Newport Summer Homes
  • Master Plan Zoning: R10
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Lake, Dock, Shore Act, See Remarks

Utilities

  • Utilities: Phn Av Prop L, CTV Av Prop L, See Remarks
  • Sewer: Public Sewer, Sewer Connected
  • Water Source: Public, City Water/Connected

Schools

  • Elementary School: Newport
  • High School: Newport
  • Middle Or Junior School: Newport

Lot Info

  • Parcel Number: 443002529016
  • Lot Size Sq Ft: 9400
  • Additional Parcels Description: 443002529074

Tax Info

  • Tax Annual Amount: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 16, 2021
Sold by
Markofski Chris
Bought by
Crowley Katherine
Seller's Agent
Richard Bockemuehl
CENTURY 21 Beutler & Associates
Buyer's Agent
Mike Crowley
Spokane Home Buyers
List Price
$295,000
Sold Price
$302,000
Premium/Discount to List
$7,000
2.37%
Current Estimated Value
$987,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,335
Avg. Annual Appreciation
31.22%

Purchase Details

Closed on
Jul 20, 2009
Sold by
Moritz Robert L
Bought by
Markofski Chris and Markofski Patty
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crowley Katherine $302,000 --
Markofski Chris -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $302,000 +2.4% --
04/26/2021 04/26/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $295,000 -- --
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
2024 $7,025 $830,080 $216,000 $614,080
2023 $7,025 $815,734 $210,600 $605,134
2022 $1,027 $210,000 $210,000 $0
2021 $1,236 $215,233 $175,000 $40,233
2020 $1,310 $124,000 $124,000 $0
2019 $1,267 $124,000 $124,000 $0
2018 $1,393 $124,000 $124,000 $0
2017 $1,290 $124,000 $124,000 $0
2016 $1,209 $124,000 $0 $0
2015 $1,310 $0 $0 $0
2013 $1,310 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Bockemuehl

    Seller's Agent in 2021

    Richard Bockemuehl

    CENTURY 21 Beutler & Associates

    (509) 951-4390

    100 Total Sales

    Richard Bockemuehl
    Section Image
  • Mike Crowley

    Buyer's Agent in 2021

    Mike Crowley

    Spokane Home Buyers

    (509) 951-9710

    54 Total Sales

    Mike Crowley
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202114222

Spokane Association of REALTORS®

APN: 443002-52-9016

Washington Pend Oreille County Newport 99156

81 Terrace Ave, Newport, WA

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