NOT LISTED FOR SALE

XXXX N Jermain Ln Colbert, WA 99005

Estimated Value: $373,000 - $409,000

5 Acres
$75,048 Price per Acre
226,948 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $160,000

Est. 144% increase in value since last sale

Current estimated payment $2,212/month

252 Days on Market

Highlights

  • Horses Allowed On Property
  • Secluded Lot
  • High Speed Internet
  • Midway Elementary School Rated A-
  • Landscaped with Trees
  • Level Lot

About This Lot

As of June 2023

Just over 5 acres in Mead School District, with high producing well (17 GPM), power installed and ready for you to build. Private property with partial clearing for your home right off Jermain Lane. Easy access to property, with driveway already installed to building site. Easy access to either highway 2 or highway 395, close to the "Y" and 25-30 minute drive to downtown Spokane.

Last Agent to Sell the Property

Jeremy Thomas

Kelly Right Real Estate of Spokane License #23034229 Listed on: 09/12/2022

Last Buyer's Agent

Kevin Appleton

Source Real Estate License #128703

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,333

Lot Details

  • 5.21 Acre Lot
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Landscaped with Trees

Schools

  • Meadow Ridge Elementary School
  • Mountainside Middle School
  • Mt Spokane High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Underground Utilities
  • Perc Approved Septic
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 37044.9112

Property Details

Property Type

Land

Est. Annual Taxes

$1,333

Lot Details

0

Listing Details

  • Sub Type: Land
  • Access: Pub Rd, Gravel
  • Class: Lots & Land
  • Zone: R
  • Restrictions: Dbl MH Apprv
  • Lvt Date: 09/13/2022
  • Common Interest Community: No
  • Geo Address Line: Xxxx N Jermain Ln
  • Geo Match Code: 3
  • Geo Matched Method: 2
  • Geo Primary City: Colbert
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/14/2022 2:49:52 AM
  • Geo Zoom Level: 17
  • Sr High: Mt Spokane
  • Jr High: Mountainside
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Estimated Well Gallons Per Minute: 17
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 0.71

Utilities

  • Utilities: Pwr Installed, Undergrd Util
  • Sewage System: Appr Perc Tst
  • Water System: Well Installed

Schools

  • School District: Mead
  • Elementary School: Meadow Ridge
  • Middle School: Mountainside
  • High School: Mt Spokane
  • School District: Mead
  • Elementary School: Meadow Ridge

Lot Info

  • Acres Mol: 5.21
  • Estimated Lot Sq Ft: 226948
  • Lot Information: Treed, Level, Secluded, Rolling, Bus Rt, Oversized, Horses Allowed
  • Parcel Number: 37044.9112
  • Multiple Parcels: No

Tax Info

  • Taxes: 1333.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Jun 16, 2023
Sold by
Wendt Brandon and Wendt Amanda
Bought by
Wagner Brandon D and Wagner Kao O
Seller's Agent
Jeremy Thomas
Kelly Right Real Estate of Spokane
Buyer's Agent
Kevin Appleton
Source Real Estate
List Price
$210,000
Sold Price
$160,000
Premium/Discount to List
-$50,000
-23.81%
Views
57
Current Estimated Value
$391,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,000
Avg. Annual Appreciation
58.31%
Original Mortgage
$128,000
Outstanding Balance
$85,726
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$315,274

Purchase Details

Closed on
Apr 5, 2021
Sold by
Tumlinson Travis and Tumlinson Heidi
Bought by
Wendt Brandon and Wendt Amanda

Purchase Details

Closed on
Oct 7, 2020
Sold by
Rose Tina M and Estate Of James F Thiel
Bought by
Tumlinson Travis and Tumlinson Heidi

Purchase Details

Closed on
Sep 2, 1992
Sold by
Jermain Matt
Bought by
Austin Dennis J and Austin Laurie M
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
Wagner Brandon D -- Wfg National Title
Wendt Brandon $150,000 First American Title
Tumlinson Travis $112,500 First American Title Ins Co
Austin Dennis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Brandon D $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $160,000 -13.5% --
05/22/2023 05/22/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $185,000 -7.5% --
04/16/2023 04/16/23 Price Changed $200,000 -4.8% --
09/12/2022 09/12/22 For Sale $210,000 -- --
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 $1,649 $160,600 $160,600 --
2023 $1,371 $145,890 $145,890 $0
2022 $1,320 $148,000 $148,000 $0
2021 $819 $75,200 $75,200 $0
2020 $720 $62,460 $62,460 $0
2019 $675 $59,260 $59,260 $0
2018 $537 $39,170 $39,170 $0
2017 $751 $55,960 $55,960 $0
2016 $767 $55,960 $55,960 $0
2015 $740 $55,460 $55,460 $0
2014 -- $60,840 $60,840 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202222669

Spokane Association of REALTORS®

APN: 37044.9112