$189,000
SOLD OCT 15, 2015

18604 E Cerro Ct Otis Orchards, WA 99027

2 Beds
2 Baths
880 Sq Ft
0.41 Acres

Recently Sold

$215 Per Sq Ft

32 Days on Market

Highlights

  • Territorial View
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • 4 Car Garage

About This Home

As of May 2019

Tremendous opportunity to build equity in Highland Estates. Enjoy the million dollar view at a fraction of the price. This is not a short sale. It’s simply a great opportunity. The home is solid, but has a few unfinished projects including wall paper that needs to be removed, some painting, ect. Don’t miss the two car attached garage AND 2 car detached garage/shop. Home is available for viewing starting August 25th from 4-7pm. Qualified conventional or cash buyers only, please.

Last Agent to Sell the Property

Jonas Elber

RE/MAX of Spokane License #96128 Listed on: 08/20/2015

Last Buyer's Agent

Matt Allen

Kelly Right Real Estate of Spokane License #116463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1991

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Hillside Location

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Schools

  • Otis Orchards Elementary School
  • East Valley Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 56314.0420

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,859

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1991
  • Geo Address Line: 18604 E Cerro Ct
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/16/2015 7:17:30 PM
  • Geo Zoom Level: 17
  • Sr High: East Valley
  • Jr High: East Valley
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 1280
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 880
  • Basement: Yes
  • Design: Traditional
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: Bsmt, Formal LR
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Kit Island
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, 1st Flr
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Detached
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Elec, Forced Air
  • Power Company: Avista
  • Water Company: Pioneer

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: East Valley
  • Elementary School: Otis Orchards
  • Middle School: East Valley
  • High School: East Valley
  • School District: East Valley
  • Elementary School: Otis Orchards

Lot Info

  • Acres Mol: 0.41
  • Estimated Lot Sq Ft: 17741
  • Loc Dir E W: E
  • Loc Numberblk E W: 186
  • Loc Numberblks N S: 56
  • Lot Information: Hillside, Culdesac
  • Lot View: Territorial
  • Parcel Number: 56314.0420
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 1859
  • Assessor Parcel Number: 56314.0420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 6, 2019
Sold by
Allen Heather and Allen Matthew
Bought by
Ledington Stan W and Ledington Corliss M
Seller's Agent
Brooke Carey
Windermere Valley
Buyer's Agent
Wendi Helmick
Live Real Estate, LLC
List Price
$389,900
Sold Price
$391,000
Premium/Discount to List
$1,100
0.28%
Current Estimated Value
$576,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,710
Avg. Annual Appreciation
6.86%
Original Mortgage
$265,600
Outstanding Balance
$234,951
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$356,748

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 14, 2015
Sold by
Allen Matthew
Bought by
Allen Heather
Seller's Agent
Jonas Elber
RE/MAX of Spokane
Buyer's Agent
Matt Allen
Kelly Right Real Estate of Spokane
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.65%
Original Mortgage
$151,200
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2012
Sold by
Mills Jill
Bought by
Mills Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2011
Sold by
Mills Jill
Bought by
Mills Jill

Purchase Details

Closed on
Jun 5, 1997
Sold by
Hauser Arnold and Hauser Jacqueline S
Bought by
Crosier Charles D and Crosier Joy E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $391,000 Ticor Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $189,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,600 New Conventional
Previous Owner $151,200 New Conventional
Previous Owner $22,000 Unknown
Previous Owner $69,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $391,000 +0.3% $444 / Sq Ft
04/05/2019 04/05/19 For Sale $389,900 +106.3% $443 / Sq Ft
10/15/2015 10/15/15 Sold $189,000 0.0% $215 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $189,000 -- $215 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,094 $469,400 $115,000 $354,400
2024 $4,094 $439,200 $110,000 $329,200
2023 $4,210 $429,000 $105,000 $324,000
2022 $3,984 $454,400 $105,000 $349,400
2021 $4,056 $340,600 $75,000 $265,600
2020 $3,474 $276,600 $47,500 $229,100
2019 $2,905 $236,700 $47,500 $189,200
2018 $2,866 $217,000 $45,000 $172,000
2017 $2,698 $205,900 $45,000 $160,900
2016 $2,690 $209,000 $45,000 $164,000
2015 $1,739 $223,300 $45,000 $178,300
2014 -- $218,300 $40,000 $178,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201523480

Spokane Association of REALTORS®

APN: 56314.0420