$613,000
SOLD AUG 20, 2020

19116 E Terrapin Ln Otis Orchards, WA 99027

4 Beds
4 Baths
3,140 Sq Ft
10 Acres

Recently Sold

$195 Per Sq Ft

6% Below List Price

152 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Great Room
  • Mountain View
  • 2 Fireplaces
  • Community Spa

About This Home

As of August 2020

Hidden away on the fringe of an Otis Orchard hillside is a home that redefines breathtaking views. Perch yourself onto the home's deck and capture the sights of Liberty Lake, Idaho Panhandle Mtn Range, and Spokane Valley. Boasting a secluded 10 acre site, the main level encompasses an open floor concept with new maple hardwood floors, master bdrm, gourmet kitchen. The walkout lower level offers 3 bdrms with 2 baths and a family room. New roof, new furnace, 30X40 attached heated garage (see amenity list).

Last Agent to Sell the Property

Gilbert Martinez

RE/MAX, The Collective License #138583 Listed on: 01/24/2020

RE/MAX, The Collective

Last Buyer's Agent

Mark Hensley

John L Scott, Inc. License #108851

John L Scott, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,704

Year Built

  • Built in 1998

Lot Details

  • 10 Acre Lot
  • Back Yard Fenced
  • Sprinkler System
  • Hillside Location

Property Views

  • Mountain
  • Territorial

Home Design

  • Ranch Style House
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 3,140 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Stove
  • Microwave
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Well
  • Septic System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56293.9095

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,704

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1998
  • Lvt Date: 01/24/2020
  • Common Interest Community: No
  • Geo Address Line: 19116 E Terrapin Ln
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/25/2020 1:12:20 AM
  • Geo Zoom Level: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3140
  • Price Per Sq Ft: 195.22
  • Bathrooms: 4
  • Bedrooms: 4
  • First Floor Fireplace: 1
  • Basement: Full, Finished
  • Estimated Basement Sq Ft: 1570
  • Basement: Yes
  • Basement Bedrooms: 4
  • Basement Family Room: 2
  • Basement Fireplace: 1
  • Design: Rancher
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr, Great room
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, Gas Rng, Disposal, Microwave, Pantry, Kit Island, Washer, Dryer
  • Primary Bedroom: Dbl Clst, Wlkin Clst, Full Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 2
  • Stove: Gas

Exterior Features

  • Exterior: Metal
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking, Shop Area
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Hi Eff Furn (>90%)

Condo/Co-op/Association

  • Amenities: Spa or Hot tub, Cable TV, Deck, Cable Internet

Schools

  • School District: East Valley
  • School District: East Valley

Lot Info

  • Acres Mol: 10
  • Estimated Lot Sq Ft: 435600
  • Lot Information: Fncd Bk Yd, Spr Sys, Hillside
  • Lot View: Mountain, Territorial
  • Parcel Number: 56293.9095
  • Site Improvements: Septic Sys, Well Installed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Venture Investment Property Llc
Bought by
Thiessen Melynnda
Current Estimated Value
$801,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$370,478
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$433,176

Purchase Details

Listed on
Jan 24, 2020
Closed on
Aug 6, 2020
Sold by
Boring Robert A
Bought by
Ventrue Ijnvestments Property Llc
Seller's Agent
Gilbert Martinez
RE/MAX, The Collective
Buyer's Agent
Mark Hensley
John L Scott, Inc.
List Price
$650,000
Sold Price
$613,000
Premium/Discount to List
-$37,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$459,750
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 13, 2013
Closed on
Apr 25, 2014
Sold by
Merrill Boring Stacy J
Bought by
Boring Robert A
Seller's Agent
Pam Fredrick
John L Scott, Spokane Valley
Buyer's Agent
Lorna Persello
Kelly Right Real Estate of Spokane
List Price
$399,900
Sold Price
$319,700
Premium/Discount to List
-$80,200
-20.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$303,715
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
Sold by
Schiller Dore A
Bought by
Schiller Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,459
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2002
Sold by
Krous Richard L and Krous Connie R
Bought by
Schiller Kenneth W and Schiller Dore A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.78%
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 Type Sale Price Title Company
Warranty Deed $780,000 None Listed On Document
Warranty Deed $613,000 First American Title Ins Co
Interfamily Deed Transfer -- Inland Professional Title Ll
Warranty Deed $319,700 Inland Professional Title Ll
Interfamily Deed Transfer -- Transnation Title
Warranty Deed -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $459,750 Future Advance Clause Open End Mortgage
Previous Owner $304,000 New Conventional
Previous Owner $303,715 New Conventional
Previous Owner $151,183 Credit Line Revolving
Previous Owner $235,459 Purchase Money Mortgage
Previous Owner $228,000 No Value Available
Closed $28,500 No Value Available
Closed $89,541 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $613,000 -2.7% $195 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
04/16/2020 04/16/20 Price Changed $629,900 -3.1% $201 / Sq Ft
01/24/2020 01/24/20 For Sale $650,000 +103.3% $207 / Sq Ft
05/01/2014 05/01/14 Sold $319,700 -20.1% $102 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
08/13/2013 08/13/13 For Sale $399,900 -- $127 / 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 $6,704 $711,090 $167,190 $543,900
2024 $6,704 $718,580 $158,280 $560,300
2023 $6,995 $740,980 $158,280 $582,700
2022 $6,681 $754,180 $158,280 $595,900
2021 $5,863 $491,290 $130,690 $360,600
2020 $5,546 $441,150 $122,250 $318,900
2019 $5,280 $430,330 $106,130 $324,200
2018 $5,345 $405,020 $95,520 $309,500
2017 $5,052 $385,820 $95,520 $290,300
2016 $4,662 $362,120 $95,520 $266,600
2015 $4,867 $364,920 $95,520 $269,400
2014 -- $363,260 $91,060 $272,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202010886

Spokane Association of REALTORS®

APN: 56293.9095