NOT LISTED FOR SALE

8507 S Sagewood Rd Spokane, WA 99223

Estimated Value: $1,577,000 - $1,831,000

5 Beds
5 Baths
6,359 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $950,000 $149 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,781/month

99 Days on Market

Highlights

  • RV Access or Parking
  • 18.53 Acre Lot
  • Wood Burning Stove
  • Freeman Elementary School Rated A-
  • Mountain View
  • Contemporary Architecture

About This Home

As of November 2016

One of a kind masterpiece designed by Moritz Kundig on 18+ acres. 2 master suites. Chef's kitchen with concrete counters, Sub-Zero refrigerator & gas range. Great room, formal living room, den & office. Formal & informal dining. Multiple decks with spectacular views. Attached 3 car garage plus additional 900 sq ft insulated shop with bath & radiant heat in the floor. Orchard, garden hot tub & waterfall. Heating coils in the driveway. 20,000 amp generator. 15 minutes to downtown & hospitals, restaurants.

Last Agent to Sell the Property

Suzy Dix

Windermere Manito, LLC License #13922 Listed on: 08/09/2016

Windermere Manito, LLC

Last Buyer's Agent

Mary Marr

Windermere Manito, LLC License #107481

Windermere Manito, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,825

Year Built

  • Built in 1978

Lot Details

  • 18.53 Acre Lot
  • Secluded Lot
  • Oversized Lot
  • Sprinkler System
  • Landscaped with Trees

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 6,359 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Propane Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Radiant Floor

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Indoor Grill
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 5 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

Home Security

  • Home Security System
  • Security Lights

Parking

  • 4 Car Garage
  • RV Access or Parking

Outdoor Features

  • Storage Shed
  • Shop

Schools

  • Freeman Elementary And Middle School
  • Freeman High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 400 Amp
  • 200+ Amp Service
  • Well
  • Water Softener
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 34135.0127

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,825

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1978
  • Lvt Date: 08/09/2016
  • Geo Address Line: 8507 S Sagewood Rd
  • Geo Primary City: Spokane
  • Geo Quality: 1
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/10/2016 1:14:04 AM
  • Geo Zoom Level: 15
  • Sr High: Freeman
  • Year Renovated: 2002
  • Jr High: Freeman
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 6359
  • Price Per Sq Ft: 149.39
  • Number of Stories: 2
  • Bathrooms: 5
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 3159
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1.75
  • First Floor Family Room: 1
  • First Floor Fireplace: 2
  • Second Floor Estimated Sq Ft: 1600
  • Second Floor Bedrooms: 4
  • Second Floor Bathrooms: 2
  • Basement: Partial, Finished, Daylight, Fam/Rec Rm, Outside Entr
  • Estimated Basement Sq Ft: 1600
  • Basement: Yes
  • Basement Bathrooms: 0.5
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Cath Cling, Nat Wdwrk, Skylight, Wood Wn Fr
  • Design: Contemp
  • Dining Room: Formal, Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Outside Ent, Great room, Formal LR, Den or Office
  • Features: Sec Lights, Sec Alarm, 200 AMP, 400 AMP
  • Fireplace: Propane
  • Kitchen Appliances: Blt in R/O, Grll Top Rng, Gas Rng, Dbl Ovens, D/W, Refrig
  • Primary Bedroom: Wlkin Clst, Full Bath, Dbl Sinks, 1st Flr, 2nd Flr, Jetted Tub
  • Number of Family Rooms: 2
  • Number of Fireplaces: 2
  • Stove: Wood Burn

Exterior Features

  • Exterior: Cedar, Wood
  • Out Buildings: Shop, Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Detached, RV Parking, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Elec, Forced Air, Propane, Radiant-Flr, Cent A/C
  • Power Company: Inland

Condo/Co-op/Association

  • Amenities: Spa or Hot tub, Sat Dish, Deck, Patio, Wtr Sftnr

Schools

  • School District: Freeman
  • Elementary School: Freeman
  • Middle School: Freeman
  • High School: Freeman
  • School District: Freeman
  • Elementary School: Freeman

Lot Info

  • Acres Mol: 18.53
  • Estimated Lot Sq Ft: 807167
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 60
  • Loc Numberblks N S: 85
  • Lot Information: View, Spr Sys, Treed, Secluded, Oversized, CC & R, Surveyed
  • Lot View: Mountain, Territorial
  • Parcel Number: 34135.0127
  • Site Improvements: Septic Sys, Well Installed

Tax Info

  • Tax Database Id: 1
  • Taxes: 15824.7
  • Assessor Parcel Number: 34135.0127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2017
Sold by
Grosen Elizabeth A
Bought by
Grosen Elizabeth A and Stebbins Thomas C
Current Estimated Value
$1,741,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$84,743
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,521,788

Purchase Details

Listed on
Aug 9, 2016
Closed on
Nov 18, 2016
Sold by
Garabedian Hrair A and Garabedian Hilda P
Bought by
Grosen Elizabeth A
Seller's Agent
Suzy Dix
Windermere Manito, LLC
Buyer's Agent
Mary Marr
Windermere Manito, LLC
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$760,000
Outstanding Balance
$386,037
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,220,494
Source: Public Records

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Range of Values:

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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
Grosen Elizabeth A -- None Available
Grosen Elizabeth A $950,000 Spokane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grosen Elizabeth A $100,000
Open Grosen Elizabeth A $387,000
Open Grosen Elizabeth A $760,000
Previous Owner Garabedian Hrair $400,000
Previous Owner Garabedian Hrair A $235,000
Previous Owner Garabedian Hrair $391,500
Previous Owner Garabedian Hrair $417,000
Previous Owner Garabedian Hrair A $250,000
Previous Owner Garabedian Hrair A $0
Previous Owner Garabedian Hrair $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $950,000 -4.5% $149 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $995,000 -- $156 / 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
2024 $12,933 $1,366,960 $465,360 $901,600
2023 $16,132 $1,534,360 $450,360 $1,084,000
2022 $14,269 $1,639,060 $450,360 $1,188,700
2021 $13,005 $1,054,030 $359,930 $694,100
2020 $13,074 $1,004,280 $288,580 $715,700
2019 $12,356 $955,800 $242,900 $712,900
2018 $12,987 $946,500 $242,900 $703,600
2017 $16,510 $1,227,010 $234,710 $992,300
2016 $15,825 $1,127,650 $202,650 $925,000
2015 $16,883 $1,221,050 $202,650 $1,018,400
Source: Public Records

Agents Affiliated with this Home

  • Suzy Dix

    Seller's Agent in 2016

    Suzy Dix

    Windermere Manito, LLC

    (509) 994-9300

    157 Total Sales

    Suzy Dix
    Section Image
  • Mary Marr

    Buyer's Agent in 2016

    Mary Marr

    Windermere Manito, LLC

    (509) 315-6811

    88 Total Sales

    Mary Marr
    Section Image
  • Mary Frances Gence

    Buyer Co-Listing Agent in 2016

    Mary Frances Gence

    Windermere Manito, LLC

    (509) 990-1993

    52 Total Sales

    Mary Frances Gence
    Section Image

  • K

    Buyer Co-Listing Agent in 2016

    KIRSTIN MILLER/STAFF

    RE/MAX Inland Empire

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201622842

Spokane Association of REALTORS®

APN: 34135.0127

Washington Spokane County Spokane 99223

8507 S Sagewood Rd, Spokane, WA

This home is located at 8507 S Sagewood Rd, Spokane, WA 99223 since 09 August 2016 and is currently estimated at $1,741,756, approximately $273 per square foot. This property was built in 1978. 8507 S Sagewood Rd is a home located in Spokane County with nearby schools including Freeman Elementary School, Freeman Middle School, and Freeman High School.

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