NOT LISTED FOR SALE

20220 E Grace Ln Otis Orchards, WA 99027

Estimated Value: $412,000 - $498,000

4 Beds
2 Baths
2,002 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $307,000 $153 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,853/month

4 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Great Room
  • 3 Car Attached Garage
  • Breakfast Bar

About This Home

As of February 2021

Investor Opportunity! This 4 bed 2 bath home as plenty of space with a little TLC could be a beautiful home! Open floor plan with a large living room, kitchen, dining room create a great room feeling perfect for entertaining. Large lot located at the end of a private lane with an open field behind it. 3 car spacious garage with plenty of room for all your tools. Large back deck for enjoying those warm summer evenings. Dont miss this great opportunity!

Last Agent to Sell the Property

Anthony Patterson

Amplify Real Estate Services License #104098 Listed on: 02/12/2021

Co-Listed By

Sidney Jacobsen

Amplify Real Estate Services License #134696

Last Buyer's Agent

Trevor Windhorst

Windermere Valley License #13816

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,331

Year Built

  • Built in 1994

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Legal Non-Conforming

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Split Level Home
  • Composition Roof
  • Wood Siding
  • T111 Siding
  • Hardboard

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Territorial Views
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

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

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Gas Available at Street
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 55081.2005

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,331

Year Built

Built in 1994

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 1994
  • Lvt Date: 02/12/2021
  • Common Interest Community: No
  • Geo Address Line: 20220 E Grace Ln
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/12/2021 4:50:39 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2002
  • Price Per Sq Ft: 153.35
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1024
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Full, Daylight, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 978
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Cath Cling, Bay Wind, Vinyl Wn Fr
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Great room
  • Features: Breakers, 200 AMP
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Hardboard, T-111, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Off St Prkg, Oversized
  • Garage Size: 3

Utilities

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

Condo/Co-op/Association

  • Amenities: Deck

Schools

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

Lot Info

  • Acres Mol: 0.32
  • Estimated Lot Sq Ft: 14154
  • Loc Dir E W: E
  • Loc Numberblk E W: 202
  • Loc Numberblks N S: 29
  • Lot Information: Level, Culdesac, Non-conform, CC & R
  • Lot View: Territorial
  • Monthly Assessment: 35
  • Parcel Number: 55081.2005
  • Site Improvements: Septic Sys, ULID Prop, Pub Wtr, Gas Avail-St

Tax Info

  • Taxes: 3331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Feb 22, 2021
Sold by
Champery Real Estate 2015 Llc
Bought by
Clark Reuben
Seller's Agent
Anthony Patterson
Amplify Real Estate Services
Buyer's Agent
Trevor Windhorst
Windermere Valley
List Price
$279,900
Sold Price
$307,000
Premium/Discount to List
$27,100
9.68%
Current Estimated Value
$468,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,036
Avg. Annual Appreciation
9.38%
Original Mortgage
$153,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2019
Sold by
Shoemaker Brian C and Shoemaker Francine M
Bought by
Champery Real Estate 2015 Llc

Purchase Details

Closed on
Apr 12, 2019
Sold by
Shoemaker Brian C and Shoemaker Francine M
Bought by
Champery Real Estate 2015 Llc

Purchase Details

Closed on
Feb 9, 2009
Sold by
Shoemaker Brian C
Bought by
Shoemaker Brian C and Shoemaker Francine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,469
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2004
Sold by
Shoemaker Francine
Bought by
Shoemaker Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1998
Sold by
Gow Carleen A
Bought by
Gow Patrick T and Gow Carleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.71%

Purchase Details

Closed on
Oct 13, 1998
Sold by
Fischer George E and Fischer Thelma C
Bought by
Gow Carleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.71%
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
Clark Reuben $307,000 Ticor Title Company
Champery Real Estate 2015 Llc -- None Available
Champery Real Estate 2015 Llc -- None Available
Shoemaker Brian C -- Spokane County Title Co
Shoemaker Brian C -- Spokane County Title Co
Shoemaker Brian C $159,900 Spokane County Title Co
Gow Patrick T -- Pacific Northwest Title Co
Gow Carleen A -- Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Reuben $153,000
Previous Owner Shoemaker Brian C $210,469
Previous Owner Shoemaker Brian C $127,920
Previous Owner Gow Patrick T $108,750
Closed Shoemaker Brian C $31,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $307,000 +9.7% $153 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $279,900 -- $140 / 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 $4,029 $407,300 $100,000 $307,300
2024 $4,029 $410,000 $95,000 $315,000
2023 $3,585 $410,000 $95,000 $315,000
2022 $3,503 $364,000 $70,000 $294,000
2021 $3,331 $261,700 $50,000 $211,700
2020 $3,172 $235,800 $50,000 $185,800
2019 $2,710 $203,800 $45,000 $158,800
2018 $2,721 $190,800 $45,000 $145,800
2017 $2,575 $181,100 $45,000 $136,100
2016 $2,388 $169,700 $40,000 $129,700
2015 $2,505 $172,600 $40,000 $132,600
2014 -- $172,500 $40,000 $132,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202111426

Spokane Association of REALTORS®

APN: 55081.2005