NOT LISTED FOR SALE

20224 E Grace Ln Otis Orchards, WA 99027

Estimated Value: $389,000 - $530,000

4 Beds
2 Baths
1,999 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 20224 E Grace Ln, Otis Orchards, WA 99027 and is currently estimated at $462,181, approximately $231 per square foot. 20224 E Grace Ln is a home located in Spokane County with nearby schools including Otis Orchards School, East Valley Middle School, and East Valley High School & Extension.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Perona Jerred M G and Perona Jarred M
Bought by
Inland Northwest Rest Llc
Current Estimated Value
$462,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$330,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$142,460

Purchase Details

Closed on
Aug 14, 2001
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Perona Jerred M G and Perona Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
7.21%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Kessel John and Kessel Tina
Bought by
Chase Mtg Company West and Mellon Mtg Company

Purchase Details

Closed on
Mar 13, 2000
Sold by
Kessel Tina L
Bought by
Kessel John R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Inland Northwest Rest Llc $395,000 Title One Title
Perona Jerred M G -- First American Title Ins
Chase Mtg Company West $110,357 First American Title Ins
Kessel John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inland Northwest Rest Llc $330,000
Previous Owner Perona Jerred M G $112,100
Source: Public Records

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 $4,141 $420,400 $100,000 $320,400
2024 $4,141 $422,200 $95,000 $327,200
2023 $3,690 $422,200 $95,000 $327,200
2022 $3,581 $375,400 $70,000 $305,400
2021 $3,406 $268,100 $50,000 $218,100
2020 $3,176 $236,100 $50,000 $186,100
2019 $2,713 $204,000 $45,000 $159,000
2018 $2,724 $191,000 $45,000 $146,000
2017 $2,576 $181,200 $45,000 $136,200
2016 $2,380 $169,100 $40,000 $129,100
2015 $2,497 $172,000 $40,000 $132,000
2014 -- $172,000 $40,000 $132,000
2013 -- $0 $0 $0
Source: Public Records

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