NOT LISTED FOR SALE

8320 N Canal Ln Newman Lake, WA 99025

Estimated Value: $653,000 - $812,000

4 Beds
4 Baths
2,525 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $690,000 $273 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,494/month

6 Days on Market

Highlights

  • Barn
  • Spa
  • Primary Bedroom Suite
  • Greenhouse
  • Covered RV Parking
  • Fruit Trees

About This Home

As of October 2021

Sitting on over an acre in beautiful Newman Lake Washington, this 4 bedroom (1 is non-egress)/4 bathroom rancher with a full walkout basement comes with a huge 32' x 36' shop with 3 stalls, meticulously maintained lawn, landscaping, and garden, concrete patio with grill station and built-in firepit, and so much more! Located so close to Spokane Valley and Post Falls, you'll have access to shopping schools, and a multitude of outdoor recreational activities! The home includes updated kitchen appliances, granite countertops throughout, wood floors, a main floor master suite with a walk-in closet, a second living quarters in the basement, and updated bathrooms. The gorgeous backyard, combined with the home's serene setting makes it perfect for relaxing, entertaining, or working on any kind of project in the shop. You won't want to miss out on this rare opportunity that this quiet Newman Lake neighborhood has to offer!

Last Agent to Sell the Property

Joel Elgee

Coldwell Banker Schneidmiller Realty License #DB30193 Listed on: 08/18/2021

Last Buyer's Agent

Amber Leigh

Windermere Valley/Liberty Lake License #SP52264

Windermere Valley/Liberty Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1991

Lot Details

  • 1.1 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Open Lot
  • Sloped Lot
  • Front and Back Yard Sprinklers
  • Fruit Trees
  • Lawn
  • Garden
  • Property is zoned RT, RT

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,525 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Territorial Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Covered RV Parking

Outdoor Features

  • Spa
  • Outdoor Water Feature
  • Fire Pit
  • Greenhouse
  • Gazebo
  • Shed
  • Rain Gutters

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Available
  • Septic System
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56243.0402

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,509

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Site Built < 2 Acre
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Road Surface Type: Paved, Gravel
  • Inclusions: greenhouse, shed
  • Subdivision Name: N/A
  • Directions: Follow E Trent Ave, L on N Starr Rd, R on E Lincoln Dr, R on N Canal Ln
  • Year Built: 1991
  • General Property Description:Lot Acres2: 1.1
  • General Property Description:Lot Type 1: Residential
  • Legal and Taxes:Zoning2: RT
  • Legal and Taxes:Tax Year2: 2020
  • View:Territorial: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • General Property Description:Building Style: Single Level
  • General Property Description:New Construction: No
  • Property Subject to:Homeowners Assoc: None
  • Property Subject to:Flood Zone: Unknown
  • Common Walls:No Common Walls: Yes
  • Sewer:Septic System: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Bsmt:Full Size: Yes
  • Percent Basement Finished: Yes
  • Basement Walkout: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood4: Hardwood
  • Other Structures:Shed: Yes
  • Rooms per Level:_one_st Fl Bdrm(s): 1
  • Fuel:Gas: Yes
  • Flooring:Stone2: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Greenhouse: Yes
  • General Property Description:Total SqFt2: 2525.0
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range/Oven - Elec, Microwave, Dishwasher
  • Has Basement: Finished, Walk-out
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Flooring: Wood, Stone, Carpet
  • Interior Amenities: Cable Internet Available, Cable TV, Central Air, Dryer Hookup - Elec, Fireplace, Gas Fireplace, Washer Hookup
  • Living Area: 2525.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • ResoLivingAreaSource: Assessor
  • Rooms per Level:Bsmt Bath: 2
  • Interior Features:Central Air: Yes
  • Interior Features:Dryer Hookup - Elec2: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Washer Hookup: Yes
  • Other Rooms:Mst Bdrm Suite: Yes
  • Appliances Dishwasher: Yes
  • Appliances:RangeOven - Elec: Yes
  • Rooms per Level:_one_st Fl Bath: 2
  • Interior Features:Cable TV: Yes
  • Interior Features:Cable Internet Available: Yes
  • Interior Features:Gas Fireplace: Yes

Exterior Features

  • Lot Features: Open Lot, Sloped, Cul-De-Sac
  • View: Territorial
  • Common Walls: No Common Walls
  • Construction Type: T1-11, Frame
  • Exterior Features: Fencing - Partial, Fire Pit, Fruit Trees, Garden, Gazebo, Landscaping, Rain Gutters, RV Parking - Covered, RV Parking - Open, Sprinkler System - Back, Sprinkler System - Front, Water Feature, Lawn
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn Size, Barn(s), Greenhouse, Shed(s)
  • Roof: Composition
  • Lot Features:Open: Yes
  • Lot Features:Sloping: Yes
  • Exterior Features:Garden: Yes
  • Exterior Features:Landscaping: Yes
  • Exterior Features:Lawn: Yes
  • Exterior Features:Rain Gutters: Yes
  • Exterior Features:Water Feature: Yes
  • Construction:Frame: Yes
  • Exterior Features:Sprinkler System - Back: Yes
  • Exterior Features:Sprinkler System - Front: Yes
  • Exterior Features:Fencing - Partial: Yes
  • Exterior Features:Fruit Trees: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Exterior Features:Fire Pit: Yes
  • Exterior Features:Gazebo: Yes
  • Exterior:T1-11: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Description:Garage Type2: Att Garage
  • General Property Description:Garage Stall2: 2 Car
  • Exterior Features:RV Parking - Open: Yes
  • Exterior Features:RV Parking - Covered: Yes

Utilities

  • Heating: Natural Gas, Forced Air, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Septic System
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Fireplace2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Kitchen Amenities:Counter Type: Granite
  • Kitchen Amenities:Kitchen Peninsula: Yes

Schools

  • Junior High Dist: East Valley - 361

Lot Info

  • Lot Size Sq Ft: 47916.0
  • Additional Parcels Description: 56243.0402
  • Parcel #: 56243.0402
  • Zoning: RT

Tax Info

  • Tax Annual Amount: 4508.59
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 6, 2021
Sold by
Strathdee Mary J and Ruebush Diane
Bought by
Helms Clarence E
Seller's Agent
Joel Elgee
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Amber Leigh
Windermere Valley/Liberty Lake
List Price
$675,000
Sold Price
$690,000
Premium/Discount to List
$15,000
2.22%
Current Estimated Value
$739,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,625
Avg. Annual Appreciation
1.76%
Original Mortgage
$355,000
Outstanding Balance
$323,727
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$415,898

Purchase Details

Closed on
Nov 30, 2018
Sold by
Ruebush Timothy
Bought by
Ruebush Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2017
Sold by
Phillips Lena Y and Phillips Victor Jeff
Bought by
Strathdee Mary J and Ruebush Diane
Source: Public Records

Range of Values:

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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
Helms Clarence E -- None Listed On Document
Ruebush Diane -- First American Title Ins Co
Strathdee Mary J $345,000 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helms Clarence E $355,000
Previous Owner Ruebush Diane $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $690,000 +2.2% $273 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $675,000 -- $267 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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 $6,683 $669,500 $110,000 $559,500
2024 $6,683 $670,500 $110,000 $560,500
2023 $6,141 $668,200 $110,000 $558,200
2022 $4,573 $668,200 $110,000 $558,200
2021 $4,509 $366,300 $75,000 $291,300
2020 $4,356 $337,000 $65,000 $272,000
2019 $3,910 $302,500 $55,000 $247,500
2018 $2,954 $202,400 $50,000 $152,400
2017 $2,810 $195,300 $50,000 $145,300
2016 $3,500 $189,800 $50,000 $139,800
2015 $2,702 $182,400 $45,000 $137,400
2014 -- $182,400 $45,000 $137,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 21-8609

Coeur d

APN: 56243.0402