20724 E Gilbert Ave Otis Orchards, WA 99027
Otis Orchards-East Farms Neighborhood
4
Beds
2
Baths
1,556
Sq Ft
0.25
Acres
Highlights
- RV Access or Parking
- Territorial View
- Separate Formal Living Room
- Contemporary Architecture
- Main Floor Primary Bedroom
- Corner Lot
About This Home
As of August 2023Fantastic Otis Orchards home with 4 bedrooms, 2 baths, and 2 living spaces! Enjoy the pleasant mountain views off your freshly painted deck, spacious corner lot and loads of garden space! Gorgeous tiled gas fireplace, recently replaced roof , central A/C, and hot water heater . Enclosed under deck storage is handy for the mower and yard furniture. This home is conveniently located between Spokane and Idaho, close to several lakes, trails and the Spokane River. Parking options for your boat and RV, great back yard for games and entertaining. Situated on a generous corner lot, this immaculate home is the one you have been waiting for!
Last Agent to Sell the Property
RE/MAX Inland Empire License #77217 Listed on: 07/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,537
Year Built
- Built in 1983
Lot Details
- 0.25 Acre Lot
- Back Yard Fenced
- Corner Lot
- Level Lot
- Garden
Home Design
- Contemporary Architecture
- Split Level Home
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,556 Sq Ft Home
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Separate Formal Living Room
- Dining Room
- Den
- Territorial Views
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Dual Closets
- 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
- 2 Car Attached Garage
- Oversized Parking
- Garage Door Opener
- Off-Street Parking
- RV Access or Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Septic System
- Internet Available
Community Details
- Community Deck or Porch
Listing and Financial Details
- Assessor Parcel Number 56333.0705
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2023
Closed on
Aug 31, 2023
Sold by
Peterson Michael D and Peterson Amanda R
Bought by
Stoutimore Ashley and Stoutimore Sean
Seller's Agent
BethAnn Long
RE/MAX Inland Empire
Buyer's Agent
Lenae Thornton
Keller Williams Spokane - Main
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,081
Avg. Annual Appreciation
2.75%
Original Mortgage
$373,117
Interest Rate
6.78%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 5, 2020
Closed on
Jul 6, 2020
Sold by
Fox Michael Reese and Fox Heidi
Bought by
Peterson Michael D and Peterson Amanda R
Seller's Agent
Josh Peterson
Park Place Spokane, LLLP
Buyer's Agent
BethAnn Long
RE/MAX Inland Empire
List Price
$274,900
Sold Price
$280,000
Premium/Discount to List
$5,100
1.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$224,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 22, 2015
Closed on
Dec 7, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Fox Michael Reese
Seller's Agent
John Stirling
Stirling Group
Buyer's Agent
Chris McIntosh
Kelly Right Real Estate of Spokane
List Price
$105,000
Sold Price
$113,150
Premium/Discount to List
$8,150
7.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%
Original Mortgage
$4,390
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Nov 17, 2014
Sold by
Waddington Michele L and Stubblefield Douglas J
Bought by
Bank Of America Na
Purchase Details
Closed on
Jan 30, 2007
Sold by
Jensen Janel D
Bought by
Waddington Michele L and Stubblefield Douglas J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,246
Interest Rate
6.11%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 24, 2003
Sold by
Arndt Paul A and Arndt Mary Ann
Bought by
Jensen Janel D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,990
Interest Rate
5.85%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | First American Title Insurance | |
| Warranty Deed | $280,000 | First American Title Ins Co | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Spokane County Title Company | |
| Trustee Deed | $245,339 | Spokane County Title Company | |
| Warranty Deed | $174,950 | Pacific Nw Title | |
| Warranty Deed | -- | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,225 | FHA | |
| Closed | $373,117 | FHA | |
| Previous Owner | $224,000 | New Conventional | |
| Previous Owner | $83,200 | Credit Line Revolving | |
| Previous Owner | $4,390 | Purchase Money Mortgage | |
| Previous Owner | $172,246 | FHA | |
| Previous Owner | $5,000 | Stand Alone Second | |
| Previous Owner | $159,932 | Unknown | |
| Previous Owner | $112,990 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $380,000 | +1.3% | $244 / Sq Ft |
| 07/29/2023 07/29/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | For Sale | $375,000 | +33.9% | $241 / Sq Ft |
| 07/09/2020 07/09/20 | Sold | $280,000 | +1.9% | $180 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 06/05/2020 06/05/20 | For Sale | $274,900 | +143.0% | $177 / Sq Ft |
| 12/08/2015 12/08/15 | Sold | $113,150 | +7.8% | $73 / Sq Ft |
| 10/02/2015 10/02/15 | Pending | -- | -- | -- |
| 09/22/2015 09/22/15 | For Sale | $105,000 | -- | $67 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 | $3,537 | $348,100 | $76,500 | $271,600 |
| 2024 | $3,537 | $356,500 | $68,000 | $288,500 |
| 2023 | $3,345 | $337,800 | $68,000 | $269,800 |
| 2022 | $3,148 | $337,800 | $68,000 | $269,800 |
| 2021 | $2,716 | $209,450 | $46,750 | $162,700 |
| 2020 | $2,598 | $189,450 | $46,750 | $142,700 |
| 2019 | $2,429 | $180,500 | $45,900 | $134,600 |
| 2018 | $2,247 | $154,400 | $35,700 | $118,700 |
| 2017 | $2,119 | $145,800 | $35,700 | $110,100 |
| 2016 | $1,952 | $135,300 | $30,600 | $104,700 |
| 2015 | $1,956 | $130,800 | $30,600 | $100,200 |
| 2014 | -- | $128,500 | $30,600 | $97,900 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
BethAnn Long
RE/MAX Inland Empire
(509) 362-4607
4 in this area
148 Total Sales
-
Buyer's Agent in 2023
Lenae Thornton
Keller Williams Spokane - Main
(509) 209-0741
3 in this area
131 Total Sales
-
J
Seller's Agent in 2020
Josh Peterson
Park Place Spokane, LLLP
-
J
Seller's Agent in 2015
John Stirling
Stirling Group
-
Buyer's Agent in 2015
Chris McIntosh
Kelly Right Real Estate of Spokane
(509) 768-4357
5 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202319491
APN: 56333.0705
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