NOT LISTED FOR SALE

18612 E Cerro Ct Otis Orchards, WA 99027

Estimated Value: $510,000 - $577,000

4 Beds
3 Baths
2,951 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $295,000 $100 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,266/month

36 Days on Market

Highlights

  • RV Access or Parking
  • Family Room Off Kitchen
  • 2 Car Attached Garage
  • City View
  • Cul-De-Sac
  • Eat-In Kitchen

About This Home

As of August 2019

Back on Market with no fault of the home or seller. Custom Highland Estates rancher w/full finished daylight basement & INCREDIBLE VIEWS overlooking the Spokane Valley! Desirable location with 4 bedrooms, 3 bathrooms with 2,951 sq ft, 3 skylights on main floor, kitchen w/island, slider to the deck, and a daylight walk-out basement to access the back yard. Great bones, but needs some updating. Make this home your own!

Last Agent to Sell the Property

Lance Pecht

Live Real Estate, LLC License #90538 Listed on: 06/26/2019

Last Buyer's Agent

Ryan Buth

Executive R.E. Group, LLC License #50296

Executive R.E. Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1991

Lot Details

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

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,951 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • City Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Basement

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

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Schools

  • Otis Orchards Elementary School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56314.0422

Community Details

Overview

  • Highland Estates Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,771

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1991
  • Lvt Date: 06/26/2019
  • Common Interest Community: No
  • Geo Address Line: 18612 E Cerro Ct
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/26/2019 4:36:50 PM
  • Geo Zoom Level: 15
  • Sr High: East Valley
  • Year Renovated: 2004
  • Subdivision/Development: Highland Estates
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2951
  • Price Per Sq Ft: 99.97
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1543
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Outside Entr
  • Estimated Basement Sq Ft: 1408
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Bay Wind, Skylight, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Disposal, Microwave, Pantry, Kit Island
  • Primary Bedroom: Wlkin Clst, Full Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Brk Accent, Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking
  • Garage Size: 2

Utilities

  • Heating/Cooling: Elec, Forced Air, Cent A/C
  • Power Company: Inland
  • Water Company: Pioneer Wa

Condo/Co-op/Association

  • Amenities: Deck, Patio

Schools

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

Lot Info

  • Acres Mol: 0.31
  • Estimated Lot Sq Ft: 13504
  • Loc Dir E W: E
  • Loc Numberblk E W: 187
  • Loc Numberblks N S: 56
  • Lot Information: View, Hillside, Culdesac
  • Lot View: City
  • Parcel Number: 56314.0422
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 3771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 12, 2019
Sold by
Cathcart Kingsley and Cathcart Jessica
Bought by
Stretch Jesse and Berger Dawn
Seller's Agent
Lance Pecht
Live Real Estate, LLC
Buyer's Agent
Ryan Buth
Executive R.E. Group, LLC
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$527,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,868
Avg. Annual Appreciation
10.48%
Original Mortgage
$267,252
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Cathcart Kingsley
Bought by
Cathcart Kingsley and Cathcart Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,740
Interest Rate
5.22%
Mortgage Type
VA

Purchase Details

Closed on
Jan 6, 1999
Sold by
Glass Stefanie M
Bought by
Cathcart Kingsley

Purchase Details

Closed on
Jul 24, 1995
Sold by
Zachow Keith R and Zachow Christine A
Bought by
Cathcart Kingsley and Cathcart Stefanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,850
Interest Rate
7.61%
Mortgage Type
Assumption
Source: Public Records

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Range of Values:

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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
Stretch Jesse $295,000 First American Title Ins Co
Cathcart Kingsley -- Spokane County Title Co
Cathcart Kingsley -- --
Cathcart Kingsley $88,720 Transamerica Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stretch Jesse $316,000
Closed Stretch Jesse $267,252
Previous Owner Cathcart Kingsley $144,600
Previous Owner Cathcart Kingsley $100,000
Previous Owner Cathcart Kingsley $147,740
Previous Owner Cathcart Kingsley $148,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $295,000 -1.6% $100 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $299,900 -- $102 / 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
2024 $3,898 $417,900 $110,000 $307,900
2023 $3,937 $407,800 $105,000 $302,800
2022 $3,780 $424,600 $105,000 $319,600
2021 $3,767 $316,000 $75,000 $241,000
2020 $4,100 $327,100 $75,000 $252,100
2019 $3,593 $293,600 $75,000 $218,600
2018 $3,655 $277,700 $75,000 $202,700
2017 $3,030 $231,600 $75,000 $156,600
2016 $3,059 $238,200 $75,000 $163,200
2015 $3,051 $229,100 $75,000 $154,100
2014 -- $229,100 $75,000 $154,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lance Pecht

    Live Real Estate, LLC

  • R

    Buyer's Agent in 2019

    Ryan Buth

    Executive R.E. Group, LLC

    (509) 701-1199

    49 Total Sales

    Ryan Buth
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201918945

Spokane Association of REALTORS®

APN: 56314.0422

Washington Spokane County Otis Orchards 99027

18612 E Cerro Ct, Otis Orchards, WA

This home is located at 18612 E Cerro Ct, Otis Orchards, WA 99027 since 26 June 2019 and is currently estimated at $527,868, approximately $178 per square foot. This property was built in 1991. 18612 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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