NOT LISTED FOR SALE

8507 S Sagewood Rd Spokane, WA 99223

Estimated Value: $1,601,000 - $1,868,000

5 Beds
5 Baths
6,359 Sq Ft
$276/Sq Ft Est. Value

Last Sold November 21, 2016

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

Est. 85% increase in value since last sale

Current estimated payment $10,339/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
$1,753,587

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
$84,150
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,657,606

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
7.10%
Original Mortgage
$760,000
Outstanding Balance
$373,091
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,368,665
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
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
2025 $12,933 $1,308,790 $514,890 $793,900
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

    142 Total Sales

    Suzy Dix
    Section Image
  • Mary Marr

    Buyer's Agent in 2016

    Mary Marr

    Windermere Manito, LLC

    (509) 315-6811

    84 Total Sales

    Mary Marr
    Section Image
  • Mary Frances Gence

    Buyer Co-Listing Agent in 2016

    Mary Frances Gence

    Windermere Manito, LLC

    (509) 990-1993

    53 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 $1,753,587, approximately $275 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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