See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5207 N Rees Rd, Spokane Valley, WA, 99216

4beds
3baths
2,470sqft
$530,000
$215price/sqft
$3,427/moest. monthly cost
$137,080/yrincome needed

About This Home

Nestled in a growing community, this beautifully maintained 4 bedroom, 3 bath home blends modern comfort with everyday versatility. Soaring vaulted ceilings and an open-concept layout create a bright, inviting atmosphere, while premium like-new kitchen appliances and two separate living spaces provide flexibility for a home office, media room, or growing household. Designed for year-round comfort, the home features central air conditioning and efficient forced-air gas heat. The expansive primary suite offers a private retreat ideal for relaxing at the end of the day. Situated on a spacious .27 acre corner lot, the outdoor spaces are equally impressive. The beautifully landscaped front yard features a tranquil water feature, while the fully fenced backyard includes optional secure RV and boat parking, raised garden beds, a large storage shed, and hot tub-ready hookups. Enjoy entertaining or unwinding on the expansive deck and covered patio with pergola, all set against stunning mountain views.

Getting Around

13
WalkingCar-Dependent
24
TransitMinimal Transit
40
BikeSomewhat Bikeable

Schools

5/10
6/10

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Composition
  • Construction materials: Brick Veneer,Masonite,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Gas Range,Double Oven,Dishwasher,Refrigerator,Disposal,Microwave,Washer,Dryer
  • Laundry features: In Basement

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Rec/Family Area

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Cathedral Ceiling(s)

First Floor

  • Level: First
  • Area: 1484

Heating & Cooling

  • Heating features: Natural Gas,Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,470
  • Total interior livable area: 2,470 sqft

Property

Details

  • Parcel number: 46353.5110

Features

  • Fencing: Fenced Yard,Fenced
  • Has view: Yes
  • View description: Mountain(s),Territorial

Lot

  • Lot size: 0.27 Acres
  • Features: Views,Sprinkler - Automatic,Level,Corner Lot,Near Public Transit,Oversized Lot

Parking

  • Total spaces: 3
  • Parking features: Attached,RV Access/Parking,Oversized
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,679$32,148
Home Insurance *$138$1,656
Property Taxes $442$5,304
Electricity $168$2,027
Total$3,427$41,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,497/yr
40% on housing$102,810/yr
45% on housing$91,386/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 99216$178
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99216$187
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$530,000
2026-06-24Price change$540,000
2026-05-29Listed for sale$550,000
2012-07-18Sold$225,000
2012-04-21Price change$229,000
2012-02-14Price change$239,000
2011-08-16Listed for sale$242,000
2007-10-17Sold$244,640

For Sale by Agent

AgentTravis Litras
BrokerageJohn L Scott, Spokane Valley

Similar Homes