NOT LISTED FOR SALE

20420 E Wellesley Ave Otis Orchards, WA 99027

Otis Orchards-East Farms Neighborhood

Estimated Value: $514,034 - $605,000

4 Beds
2 Baths
4,012 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $452,000 $113 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,420/month

52 Days on Market

Highlights

  • Mountain View
  • Forced Air Heating System
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of July 2021

Great rental opportunity. This huge duplex is located in Otis Orchards with territorial view of the Liberty Lake hills. With 2,000 feet per side there is enormous potential to finish the basement for added value. Huge family room down with new flooring, lighting and paint. 3 bed (1 non egress in basement) and 1 bath with 1 car attached garage. 20420 has just been updated with new floors throughout, new bathroom, interior paint, new light fixtures, added can lighting and more. Forced air gas furnace and gas hot water along with updated kitchen sink and floors plus laundry hookup. 20422 has been renter for 20+ years so rents are under market. Off-street parking, deck off dining room to enjoy the views.

Last Agent to Sell the Property

Wendy Shiley

Realty One Group Eclipse License #24978 Listed on: 04/20/2021

Last Buyer's Agent

Dan Dhaenens

Windermere Valley License #5503

Windermere Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1979

Lot Details

  • 0.51 Acre Lot

Parking

  • 2 Car Attached Garage
  • Shared Driveway
  • Off-Site Parking

Property Views

  • Mountain
  • Territorial

Interior Spaces

  • 4,012 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Schools

  • E.V. Middle School
  • East Valley High School

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 55042.0406

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,874

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.51
  • Road Frontage Type: Paved Road
  • View Type:Pond View: Mountain(s), Territorial
  • Co List Office Phone: 509-927-7733
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Full, Partially Finished, Rec/Family Area
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Off Site, Shared Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Schools

  • Elementary School: Otis
  • High School: East Valley
  • Middle Or Junior School: E.V.

Lot Info

  • Parcel Number: 55042.0406
  • Lot Size Sq Ft: 22422
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jul 13, 2021
Sold by
Marshall Kirby L and Kirby L Marshall 2013 Rev Tr
Bought by
Pettit Rachel
Seller's Agent
Wendy Shiley
Realty One Group Eclipse
Buyer's Agent
Dan Dhaenens
Windermere Valley
List Price
$429,900
Sold Price
$452,000
Premium/Discount to List
$22,100
5.14%
Current Estimated Value
$543,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,759
Avg. Annual Appreciation
4.87%
Original Mortgage
$443,813
Outstanding Balance
$407,198
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$136,561

Purchase Details

Closed on
Aug 9, 2013
Sold by
Marshall Kirby L
Bought by
The Kirby L Marshall 2013 Revocable Trus

Purchase Details

Closed on
Oct 29, 2010
Sold by
Marshall Caryn A
Bought by
Marshall Kirby L

Purchase Details

Closed on
Apr 1, 2009
Sold by
Marshall Kirby L
Bought by
Marshall Caryn A

Purchase Details

Closed on
Feb 6, 1998
Sold by
Trunkenbolz Jerry L and Trunkenbolz Maria A
Bought by
Marshall Kirby L and Marshall Caryn A
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
Pettit Rachel $452,000 Spokane County Title Company
The Kirby L Marshall 2013 Revocable Trus -- Spokane County Title Co
Marshall Kirby L -- Spokane County Title Co
Marshall Caryn A -- Spokane County Title Co
Marshall Kirby L -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettit Rachel $443,813
Previous Owner Marshall Kirby L $153,600
Previous Owner Marshall Kirby L $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $452,000 +5.1% $113 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $429,900 0.0% $107 / Sq Ft
06/09/2021 06/09/21 Price Changed $429,900 +7.6% $107 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $399,500 -- $100 / 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 $4,689 $462,800 $76,500 $386,300
2023 $4,660 $462,800 $76,500 $386,300
2022 $4,055 $462,800 $76,500 $386,300
2021 $3,874 $291,700 $49,500 $242,200
2020 $3,786 $270,000 $49,500 $220,500
2019 $3,335 $239,710 $49,010 $190,700
2018 $3,250 $217,200 $40,500 $176,700
2017 $2,986 $198,600 $40,500 $158,100
2016 $2,831 $190,000 $36,000 $154,000
2015 $2,759 $177,800 $32,400 $145,400
2014 -- $177,800 $32,400 $145,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Shiley

    Seller's Agent in 2021

    Wendy Shiley

    Realty One Group Eclipse

    (509) 979-6792

    1 in this area

    51 Total Sales

    Wendy Shiley
    Section Image
  • Dan Dhaenens

    Buyer's Agent in 2021

    Dan Dhaenens

    Windermere Valley

    (509) 991-7349

    4 in this area

    138 Total Sales

    Dan Dhaenens
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202114298

Spokane Association of REALTORS®

APN: 55042.0406

Washington Spokane County Otis Orchards 99027 Otis Orchards-East Farms

20420 E Wellesley Ave, Otis Orchards, WA

This home is located at 20420 E Wellesley Ave, Otis Orchards, WA 99027 since 20 April 2021 and is currently estimated at $543,759, approximately $135 per square foot. This property was built in 1979. 20420 E Wellesley Ave 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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