NOT LISTED FOR SALE

18616 E Cerro Ct Otis Orchards, WA 99027

Estimated Value: $564,353 - $720,000

3 Beds
3 Baths
3,400 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $307,500 $90 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,025/month

119 Days on Market

Highlights

  • City View
  • Great Room
  • 2 Car Attached Garage
  • Separate Formal Living Room
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of April 2015

You will not believe this Panoramic View! Fantastic updated Daylight Rancher with Gourmet Kitchen featuring Granite Countertops, Stainless Steel Appliances - Double Drawer Dishwasher, Double Oven, New Tile Floors, and Custom Stone Backsplash. Spacious main floor for entertaining w/ New Carpet, Formal Dining Room and Great Room with Stone Fireplace off Kitchen with oversized deck to take in the view! Full finished basement with Family Room & Slider to Fenced Backyard w/Sprinkler System on quiet cul-de-sac

Last Agent to Sell the Property

Cindy Carrigan

REAL Broker LLC License #21027304 Listed on: 11/17/2014

Last Buyer's Agent

Joanne Pettit

John L Scott, Inc. License #6118

John L Scott, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,802

Year Built

  • Built in 1993

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Hardboard

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Basement

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

Schools

  • East Valley Elementary And Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener
  • Cable TV Available

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 56316.0423

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,802

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1993
  • Geo Address Line: 18616 E Cerro Ct
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/6/2015 6:59:18 PM
  • Geo Zoom Level: 15
  • Sr High: East Valley
  • Jr High: East Valley
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3400
  • Price Per Sq Ft: 90.44
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1713
  • First Floor Bedrooms: 3
  • 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: 1687
  • Basement: Yes
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Mn Flr Util
  • Design: Rancher
  • Dining Room: Formal, Informal
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Great room, Formal LR
  • Fireplace: Masonry, Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Disposal, Pantry, Kit Island
  • Primary Bedroom: Wlkin Clst, Full Bath
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Wtr Sftnr

Schools

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

Lot Info

  • Acres Mol: 0.3
  • Estimated Lot Sq Ft: 12987
  • Loc Dir E W: E
  • Loc Numberblk E W: 184
  • Loc Numberblks N S: 54
  • Lot Information: View, Fncd Bk Yd, Spr Sys
  • Lot View: City, Territorial
  • Parcel Number: 56316.0423
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 56316.0423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Apr 20, 2015
Sold by
Schwenk Leonard L and Schwenk Donna M
Bought by
Shea Bryan E and Shea Amber M
Seller's Agent
Cindy Carrigan
REAL Broker LLC
Buyer's Agent
Joanne Pettit
John L Scott, Inc.
List Price
$314,900
Sold Price
$307,500
Premium/Discount to List
-$7,400
-2.35%
Current Estimated Value
$650,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,088
Avg. Annual Appreciation
7.44%
Original Mortgage
$244,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1997
Sold by
Long Coila M
Bought by
Schwenk Leonard L and Schwenk Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,950
Interest Rate
7.63%
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
Shea Bryan E $307,500 First American Title Ins Co
Schwenk Leonard L $179,950 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Bryan E $260,000
Closed Shea Bryan E $244,000
Previous Owner Schwenk Leonard L $143,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $307,500 -2.3% $90 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $314,900 -- $93 / 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 $4,802 $516,100 $110,000 $406,100
2023 $4,884 $504,300 $105,000 $399,300
2022 $4,602 $528,000 $105,000 $423,000
2021 $4,569 $384,200 $75,000 $309,200
2020 $4,453 $355,600 $75,000 $280,600
2019 $3,891 $318,200 $75,000 $243,200
2018 $3,951 $300,400 $75,000 $225,400
2017 $3,623 $277,600 $75,000 $202,600
2016 $3,742 $292,100 $75,000 $217,100
2015 $3,719 $280,000 $75,000 $205,000
2014 -- $284,600 $75,000 $209,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201427039

Spokane Association of REALTORS®

APN: 56316.0423