4 months on rocket

5407 N Chase Rd, Newman Lake, WA, 99025

$579,892

Home List Price

$6,886*

Closing Credit

2 Bedrooms
2 Baths
1,415 SqFt
$410/SqFt
House

Location

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5407 N Chase Rd, Newman Lake$579,892

Buyer Closing Credits

$6,886*

1.25% Loan Amount

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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 #202420883
Lot Size4.52 Acres
StatusActive
(Chg price)

About 5407 N Chase Rd

Discover this nearly 5-acre property in the prime location of Otis Orchards. This estate includes a cozy 2-bedroom, 2-bathroom home, a massive 60x32 steel-framed shop with new 12x10 garage doors, an RV pad equipped with its own utilities, a separate barn, a carport, and multiple storage sheds. The property is ideal for large animals and horses, featuring fencing on three sides. This is a perfect investment opportunity—build on the land, rent it out, and enjoy a steady 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,892
  • Price Per SqFt: $410/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.

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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

5407 N Chase Rd vs Newman Lake

138 DAYS ON ROCKET

+130 Days

$579,892

+$119.9K More

$410/SqFt

+$149 More

KEY TAKEAWAY

This property is $119.9K more than the Median Sold Price and $149/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: #202420883

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: 12/22/2024, 5:11:00 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

$2,962

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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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-1026260
5
/10

  • East Farms STEAM Magnet School

  • 26203 E Rowan Ave

  • 0.13 miles

  • Public District Grades KG-6

school-card-donut-1026261
5
/10

  • Otis Orchards Elementary School

  • 22000 E Wellesley Ave

  • 2.64 miles

  • Public District Grades KG-6

school-card-donut-1026262
6
/10

  • Liberty Lake Elementary School

  • 23606 E Boone Ave

  • 3.16 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,595. The most common annual income of people living in Newman Lake, WA is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area 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 $579,892.

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 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 Homes›Washington›Spokane County›Newman Lake›99025›5407 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 05, 2024 and is currently priced at $579,892.

Over 0 listings were sold over their listed price in November 2024 in Newman Lake, WA. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. Between October 2024 and November 2024, Newman Lake, WA real estate market has seen decrease in the number of listings by 25%. In November 2024, listings were on the market for 8 days. During the same period, the median list price in this real estate market was $459,950.

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

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