8 months on rocket

5407 N Chase Rd, Newman Lake, WA, 99025

$589,900

Home List Price

$7,005*

Closing Credit

2 Bedrooms
2 Baths
1,415 SqFt
$417/SqFt
House
Schools Nearby

Location

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5407 N Chase Rd, Newman Lake$589,900

Buyer Closing Credits

$7,005*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached, Carport, Slab/Strip, RV Parking, Workshop in Garage, Oversized
Garage4 spaces
Year Built1984
HeatingGas, Forced Air
CoolingCentral Air
ViewTerritorial
MLS #202320440
Lot Size4.52 Acres
StatusActive

About 5407 N Chase Rd

Opportunity of a life time! Check out this almost 5 acre property in a great location of Otis Orchards. The property features a home that is a 2 bed & 2 bath, huge steel framed shop (60x32) with new 12x10 garage doors, RV pad with it's own utilities, separate barn, car port, and storage sheds! Large animals and horses welcome, with fence on 3 sides. Perfect investment opportunity as well! Build on the property and/or rent it and have monthly income.

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher
  • Year Built: 1984
  • Stories: 1
  • Living Area: 1,415 SqFt

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Lee Arnold

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Utility Room, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Deck

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached, Carport, Slab/Strip, RV Parking, Workshop in Garage, Oversized

Lot Features

Lot Information:

  • Lot: Views, Fencing, Sprinklers, Level, Oversized Lot
  • Lot Size: 4.52 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East Valley High School, Public District Grades 9-12
  • East Farms School, Public District Grades PK-8
  • Continuous Curriculum School, Public District Grades KG-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,900
  • Price Per SqFt: $417/SqFt

Tax Information:

  • Annual Amount: $3,305
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newman Lake, WA.

Med. Sold Price

$477.5K

Med. Price/SqFt

$235

Avg. Days On Market

18

# of Sold Homes

3

5407 N Chase Rd vs Newman Lake

263 DAYS ON ROCKET

+245 Days

$589,900

+$112.4K More

$417/SqFt

+$182 More

KEY TAKEAWAY

This property is $112.4K more than the Median Sold Price and $182/SqFt more than other homes in Newman Lake, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202320440

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Lee Arnold

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 3:10:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,305$241,400
2020$3,174$218,780
2018$2,884$184,250
2017$2,841$179,050

History based on county public records data.

Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-6565678
5
/10
  • East Farms School

  • 26203 E Rowan Ave

  • 0.13 miles

  • Public District Grades PK-8

school-card-donut-6565679
6
/10
  • Continuous Curriculum School

  • 16924 E Wellesley Ave

  • 5.74 miles

  • Public District Grades KG-8

High School

school-card-donut-6565680
3
/10
  • East Valley High School

  • 15711 E Wellesley Ave

  • 6.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,595. Most Newman Lake, WA residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5407 N Chase Rd

What is the listing price of this property?

The listing price of 5407 N Chase Rd property is $589,900.

What type of property is this?

The property 5407 N Chase Rd is a house located in Newman Lake, Washington, 99025.

Is this property for sale now?

Active Listing: 5407 N Chase Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5407 N Chase Rd are:
East Farms School: GreatSchools Rating 5/10
Continuous Curriculum School: GreatSchools Rating 6/10
East Valley High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,305 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5407 N Chase Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5407 N Chase Rd is 1,415 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5407 N Chase Rd is 1984.

Rocket HomesWashingtonSpokane CountyNewman Lake990255407 N Chase Rd

This home is located at 5407 N Chase Rd in Newman Lake, WA and zip code 99025. This 1,415 square foot home, which was built in 1984, sits on a 4.52 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 16, 2023 and is currently priced at $589,900.

In April 2024 more than 2 listings in Newman Lake, WA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. The inventory of homes for sale in Newman Lake, WA between March 2024 and April 2024 increased by 46.2%. Listings spent 18 days on the market in April 2024, and had a median list price of $477,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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