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123 Terrace Ave, Newport, WA, 99156

$799,950

Home List Price

$9,499*

Closing Credit

1 Bedroom
2 Baths
2,117 SqFt
$378/SqFt
House

Location

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123 Terrace Ave, Newport$799,950

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached, RV Parking, Off Site
Garage2 spaces
Year Built1954
HeatingElectric
BasementYes
WaterfrontLake Front, Beach, Dock, See Remarks, Deeded Access
FireplaceMasonry, Woodburning Fireplce
ViewWater
MLS #202422997
Lot Size0.28 Acres
StatusActive

About 123 Terrace Ave

Don’t miss this amazing opportunity to own 80 feet of low bank water front on diamond lake,situated in west bay across the lake from Highway 2. This property offers breathtaking views of the lake, and the distant view of Mount Spokane. In the afternoons you’ll enjoy the perfect blend of shade and sun. The house features over 1300 ft.² on the main floor, a partial basement for storage and a spacious primary bedroom, it has a potential second bedroom in the closed in porch. Additionally, there are two bathrooms, a bunkhouse with two full-size bunk beds, a two car garage and plenty of off street parking. What’s more the existing foundation can be used for a new build, and should preserve the current distance to the water. Owners can provide custom design plans, if desired. The owners are planning on leaving most of the furnishings. Property is being sold, as is, don’t let this unique opportunity slip away!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1954
  • Living Area: 2,117 SqFt

Listing Office:

  • Office Name: Windermere North
  • Office Phone: (509) 467-6640
  • Listing Agent: Kerry Grimes

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Utility Room
  • Fireplace: Masonry, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Beach, Dock, See Remarks, Deeded Access
  • View: Water
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, RV Parking, Off Site

Lot Features

Lot Information:

  • Lot: Views, Trees, Level, Cul-De-Sac
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: North on Hwy 2 turn left on North Shore Diamond Lake Road to Bayview Road turn right. Right on Terrace Avenue GPS does work.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,950
  • Price Per SqFt: $378/SqFt

Tax Information:

  • Annual Amount: $3,338
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newport, WA.

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Newport, WA

City

Med. Sold Price

$467K

Med. Price/SqFt

$247

Avg. Days On Market

54

# of Sold Homes

9

123 Terrace Ave vs Newport

59 DAYS ON ROCKET

+5 Days

$799,950

+$332.9K More

$378/SqFt

+$130 More

KEY TAKEAWAY

This property is $332.9K more than the Median Sold Price and $130/SqFt more than other homes in Newport, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202422997

Listing Office:

  • Office Name: Windermere North
  • Office Phone: (509) 467-6640
  • Listing Agent: Kerry Grimes

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: 11/15/2024, 1:10:52 AM 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
2020$3,338$435,211
2019$3,338$332,528
2018$3,337$326,641
2017$3,664$326,302

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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.

Nearby Schools

school-card-donut-351708
6
/10

  • Stratton Elementary School

  • 1201 W 5th St

  • 7.76 miles

  • Public District Grades PK-4

school-card-donut-351709
7
/10

  • Riverside Elementary School

  • 3802 E Deer Park Milan Rd

  • 13.22 miles

  • Public District Grades PK-5

school-card-donut-351710
5
/10

  • Priest River Elementary School

  • 231 Harriet St

  • 14.28 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,938. Residents of Newport, WA typically earn less than $35k each year. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 Terrace Ave

What is the listing price of this property?

The listing price of 123 Terrace Ave property is $799,950.

What type of property is this?

The property 123 Terrace Ave is a house located in Newport, Washington, 99156.

Is this property for sale now?

Active Listing: 123 Terrace Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,338 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 123 Terrace Ave has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 123 Terrace Ave is 2,117 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 123 Terrace Ave is 1954.

Rocket Homes›Washington›Pend Oreille County›Newport›99156›123 Terrace Ave

This home is located at 123 Terrace Ave in Newport, WA and zip code 99156. This 2,117 square foot home, which was built in 1954, sits on a 0.28 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $799,950.

While more than 0 listings in Newport, WA in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 5 were sold below. In October 2024 median list price was $467,000 and the average listing age was 54 days.

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

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