See Home Value
Bonner 83864
40 Gem Lane
$1,349,418*
House - Off Market

40 Gem Lane

Sandpoint, ID 83864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2016 Sqft
$1,080,000 - $1,318,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold May 13, 2021
$937,500
$750,000 by The Wilson Trust
Mortgage
Sold May 13, 2020
$638,000
$510,400 by Willamette Valley Bank
Mortgage Due Jun 01, 2050

About This Property

Now is your opportunity to move into this beautiful home with private dock just before the summer! Boasting majestic views of Lake Pend Oreille and the Monarch mountains, this easy to access property won't last long. Including 118 feet of lakefront with large concrete dock, there is plenty of room to park your boat and entertain. This home was extensively remodeled in 2019 and will impress the most meticulous buyer. With an attached garage as well as large detached garage/workshop, there is ample space for all your toys and storage needs. Sit on your back deck and take in the magnificent views. Welcome to your piece of paradise!

The manager has listed the unit size as 2016 square feet.
Unit Size
2,016Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$595
Property Type
House
Property Taxes
$2,300
HOA Dues
-
Year Built
1976

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 13, 2021 Sold to Daniel Rapheale, Janae Raph... $937,500
Sold to Daniel Rapheale, Janae Raph...
Apr 5, 2021 In contract -
In contract
Mar 29, 2021 Listed $1,199,000
Listed
May 13, 2020 Sold to Richard Douglas Myers Iii $638,000
Sold to Richard Douglas Myers Iii
Show More

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Roof Shape Type: Gable
  • Roof Cover Type: Steel
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,008
  • Garage Type: Mixed use
  • Garage Square Area: 958
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 5,576
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 2,016
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 18-57N-1E TAX 26

Ownership

  • Current Owner : RAPHEALE DANIEL
  • Current Owner 2: RAPHEALE JANAE
  • Previous Owner : MYERS RICHARD DOUGLAS
  • Owner Before Previous Owner: BOWMAN BRADFORD R
  • Owner Before Previous Owner 2: BOWMAN JACKIE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Pend Oreille School District 84
  • Census Tract: 950202

Geography

  • Parcel: RP57N01E186520A
  • Meridian: SEC 18 TWN 57N RNG 01E
  • Latitude: 48.2818
  • Longitude: -116.392

    Address

  • Full Address: 40 Gem Ln
  • Address - House Number: 40
  • Address - Street Name: Gem
  • Address - Suffix Type: Ln
  • State: ID
  • City Name: Sandpoint
  • Carrier Code: R007
  • 4-Digit Zip Code: 9074
  • Zip Code: 83864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,845
  • Tax Rate Code Area: 210000

    Appraisal Valuation

  • Standard Deviation: 0.2517
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 932,801
  • High Value: 1,167,621
  • Low Value: 697,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: THE WILSON TRUST
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $612,252
  • Market Land Value: $137,672
  • Market Improvement Value: $474,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,252
  • Assessed Land Value: $137,672
  • Assessed Improvements Value: $474,580

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11835933123
  • Current Sale Price: $937,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 982752
  • Previous Sale Recording Date: May 13, 2020
  • Previous Sale Contract Date: Apr 27, 2020
  • Previous Sale Amount: $638,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE WILSON TRUST
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WILLAMETTE VALLEY BANK
  • Previous Mortgage Transaction Date: May 13, 2020
  • Previous Mortgage Loan Amount: $510,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bonner


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Frequently Asked Questions

When was property at 40 Gem Lane built and last sold?
The property at 40 Gem Lane was built in 1976 and last sold on May 12, 2021 for $937,500.
How much is this home worth?
The estimated value of the home located at 40 Gem Lane is $1,168,239.
What are some comparable homes to 40 Gem Lane?
There are currently no comparable homes to 40 Gem Lane.

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