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12507 N Cherokee Dr, Newman Lake, WA, 99025

$825,000

Home List Price

$9,797*

Closing Credit

3 Bedrooms
3 Baths
House

Location

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12507 N Cherokee Dr, Newman Lake$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingUnder Building, Workshop in Garage, Garage Door Opener, Off Site, Oversized
Garage3 spaces
Year Built2008
HeatingElectric, Forced Air, Heat Pump
BasementYes
WaterfrontBeach, Dock, Boat Slip, Deeded Access
FireplaceWoodburning Fireplce
ViewTerritorial, Water
MLS #202426651
Lot Size0.60 Acres
StatusActive
(New)

About 12507 N Cherokee Dr

Experience year-round lakeside living in this stunning home with panoramic views of Newman Lake. Situated on the coveted east side, this home enjoys sun-drenched days and an easy commute to I-90. Every window captures breathtaking views of the lake and mountains, complementing the spacious open floor plan and soaring cathedral ceilings. Luxury details include granite and quartz countertops throughout, 9 ' ceilings, bamboo flooring, custom fireplace, and a 6 person hot tub. The best part? 90’ of shared beach, complete with a dock for your boat—and no HOA fees! Embrace the active outdoor lifestyle with hiking, boating, and kayaking, in this rare and wonderful community. After a day spent on the lake or at your beach, enjoy spectacular sunsets from your deck overlooking the lake or make memories in your backyard oasis.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2008

Listing Office:

  • Office Name: Congress Realty, Inc.
  • Office Phone: (888) 881-4118
  • Listing Agent: Jared English

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Wood, Vinyl
  • Interior: Wood Floor, Cathedral Ceiling(s), Window Bay Bow, Vinyl
  • Fireplace: Woodburning Fireplce

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Beach, Dock, Boat Slip, Deeded Access
  • View: Territorial, Water
  • Exterior: Hot Tub, Deck, Patio

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Under Building, Workshop in Garage, Garage Door Opener, Off Site, Oversized

Lot Features

Lot Information:

  • Lot: Views, Sprinklers, Trees, Rolling/Hilly, Oversized Lot
  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump

Other

Directions Information:

  • Directions: From WA290/Trent Road, enter Newman Lake Community. Travel North on Starr Road for 3.6 miles. Turn slightly left onto E. Newman Lake Drive. Travel .2 miles and turn right onto Cherokee Drive. Take your first left at the dog leg half way up the hill.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000

Tax Information:

  • Annual Amount: $5,547
  • Tax Year: 2021
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Housing Market Comparison

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

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Newman Lake, WA

City

Med. Sold Price

$459.9K

Med. Price/SqFt

$261

Avg. Days On Market

8

# of Sold Homes

1

12507 N Cherokee Dr vs Newman Lake

1 DAY ON ROCKET

-7 Days

$825,000

+$365K More

KEY TAKEAWAY

This property is $365K more than the Median Sold Price in Newman Lake, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202426651

Listing Office:

  • Office Name: Congress Realty, Inc.
  • Office Phone: (888) 881-4118
  • Listing Agent: Jared English

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: 12/25/2024, 11:11:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 21, 2010Home Sold
$269,900
Sep 14, 2007Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,547$471,350
2020$4,491$362,800
2018$4,192$310,100
2017$4,121$298,900

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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-1506610
5
/10

  • East Farms STEAM Magnet School

  • 26203 E Rowan Ave

  • 4.59 miles

  • Public District Grades KG-6

school-card-donut-1506611
5
/10

  • Otis Orchards Elementary School

  • 22000 E Wellesley Ave

  • 5.21 miles

  • Public District Grades KG-6

school-card-donut-1506612
5
/10

  • Seltice Elementary School

  • 1100 N Chase Rd

  • 6.78 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,707. Most Newman Lake, WA residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12507 N Cherokee Dr

What is the listing price of this property?

The listing price of 12507 N Cherokee Dr property is $825,000.

What type of property is this?

The property 12507 N Cherokee Dr is a house located in Newman Lake, Washington, 99025.

Is this property for sale now?

Active Listing: 12507 N Cherokee Dr 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 2021 is $5,547 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 21, 2010 for $269,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12507 N Cherokee Dr has 3 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 12507 N Cherokee Dr is 2008.

Rocket Homes›Washington›Spokane County›Newman Lake›99025›12507 N Cherokee Dr

This home is located at 12507 N Cherokee Dr in Newman Lake, WA and zip code 99025. This home, which was built in 2008, sits on a 0.60 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $825,000.

Newman Lake, WA housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. The inventory of homes for sale in Newman Lake, WA between October 2024 and November 2024 decreased by 25%. The median list price of listings available in November 2024 was $459,950, while the average time on the real estate market was 8 days.

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

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