NOT LISTED FOR SALE

18609 E Cerro Ct Otis Orchards, WA 99027

Estimated Value: $563,000 - $621,000

4 Beds
3 Baths
2,601 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $580,000 $223 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,478/month

32 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • Cathedral Ceiling
  • City View
  • Property is near public transit
  • 1 Fireplace

About This Home

As of June 2024

Welcome to this stunning custom-built one owner home with breathtaking views of the valley and Mica Peak. This one of a kind property features, luxury vinyl plank flooring, bright open kitchen with a center island, formal dining room, updated bathrooms, and cathedral ceilings with large windows in the great room giving it lots of natural light. Daylight walk-out finished basement, 2 large entertaining decks, patio, professionally landscaped yard with 3 raised garden beds, fenced backyard, oversized 2 plus car garage, large parking area off the garage and a separate RV pad this home has it all. Seller just had over $20,000 in exterior siding replaced and professionally painted.

Last Agent to Sell the Property

Shane Delaney

Coldwell Banker Tomlinson License #25363 Listed on: 04/12/2024

Coldwell Banker Tomlinson

Last Buyer's Agent

Erik Dordal

Windermere City Group License #91026

Windermere City Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,633

Year Built

  • Built in 1994

Lot Details

  • 14,148 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Oversized Lot
  • Sprinkler System
  • Hillside Location
  • Garden

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Oversized Parking
  • Garage Door Opener
  • Off-Site Parking
  • RV Access or Parking

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Hardboard

Interior Spaces

  • 2,601 Sq Ft Home
  • Woodwork
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Bay Window
  • Partially Finished Basement
  • Basement with some natural light

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 56316.0418

Community Details

Overview

  • No Home Owners Association
  • Highland Estates Subdivision

Amenities

  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,633

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1994
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Views, Fenced Yard, Sprinkler - Automatic, Hillside, Cul-De-Sac, City Bus (w/in 6 blks), Oversized Lot, CC & R, Garden
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City, Mountain(s), Territorial
  • Reso Association Amenities: Cable TV, Deck, Patio, High Speed Internet
  • Co List Office Phone: (509) 535-7400
  • MLS Status: Sold
  • Subdivision Name: Highland Estates
  • Architectural Style: Contemporary
  • Reso Interior Features: Cathedral Ceiling(s), Natural Woodwork, Window Bay Bow, Skylight(s), Vinyl
  • New Construction: No
  • Reso Structure Type: Split Entry
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Finished, Daylight, Rec/Family Area, Laundry, Walk-Out Access
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Pantry, Kit Island
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Under Building, RV Parking, Garage Door Opener, Off Site, Oversized

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 56316.0418
  • Lot Size Sq Ft: 14148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 10, 2024
Sold by
Fail Todd A and Fail Kristen D
Bought by
Morrow Spencer and Scheurer Samantha
Seller's Agent
Shane Delaney
Coldwell Banker Tomlinson
Buyer's Agent
Erik Dordal
Windermere City Group
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Views
99
Current Estimated Value
$583,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,312
Avg. Annual Appreciation
0.44%
Original Mortgage
$550,000
Outstanding Balance
$543,246
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$40,066
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 Buyer Sale Price Title Company
Morrow Spencer $580,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Spencer $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $580,000 -3.3% $223 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $600,000 -- $231 / 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 $4,633 $555,900 $85,000 $470,900
2024 $4,633 $497,700 $75,000 $422,700
2023 $4,781 $490,600 $75,000 $415,600
2022 $4,374 $516,800 $75,000 $441,800
2021 $4,293 $360,700 $47,500 $313,200
2020 $4,151 $331,200 $47,500 $283,700
2019 $3,637 $297,200 $47,500 $249,700
2018 $3,640 $276,500 $45,000 $231,500
2017 $3,369 $257,900 $45,000 $212,900
2016 $3,295 $256,800 $45,000 $211,800
2015 $3,319 $249,500 $45,000 $204,500
2014 -- $244,500 $40,000 $204,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Delaney

    Seller's Agent in 2024

    Shane Delaney

    Coldwell Banker Tomlinson

    (509) 879-2683

    141 Total Sales

    Shane Delaney
    Section Image
  • Erik Dordal

    Buyer's Agent in 2024

    Erik Dordal

    Windermere City Group

    (509) 939-7647

    328 Total Sales

    Erik Dordal
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202414363

Spokane Association of REALTORS®

APN: 56316.0418

Washington Spokane County Otis Orchards 99027

18609 E Cerro Ct, Otis Orchards, WA

This home is located at 18609 E Cerro Ct, Otis Orchards, WA 99027 since 12 April 2024 and is currently estimated at $583,312, approximately $224 per square foot. This property was built in 1994. 18609 E Cerro Ct is a home located in Spokane County with nearby schools including Otis Orchards School, East Valley Middle School, and East Valley High School & Extension.

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