$679,000
SOLD SEP 26, 2024
4 Beds
2 Baths
2,016 Sq Ft
2.42 Acres

Recently Sold

$337 Per Sq Ft

1% Below List Price

66 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.42 Acre Lot
  • Traditional Architecture
  • RV Access or Parking
  • Mountain View
  • Wood Flooring

About This Home

As of September 2024

Discover this beautifully maintained 4-bedroom, 2-bathroom home in Otis Orchard, nestled on 2.42 acres of flat farmland. This property boasts four impressive shops, three measuring 36x48 and one 24x30, totaling almost 6,000 sq. ft. Most shop spaces are insulated and heated with concrete floors; one features a lift and an air compressor with multiple lines. The home itself has seen numerous updates, including a new roof, garage door opener, gas insert, flooring, kitchen cabinets, quartz countertops, doors, trim, hot water tank, resurfaced driveway, and AC splits. Enjoy modern conveniences with this home. With a large garden spot, sprinkler system, and fenced backyard, plus the allowance for horses, this property offers a blend of comfortable living and exceptional utility just minutes from Liberty Lake.

Last Agent to Sell the Property

Shane Bangle

Keller Williams Spokane - Main License #115104 Listed on: 06/27/2024

Keller Williams Spokane - Main

Last Buyer's Agent

Ellie Groves

Amplify Real Estate Services License #24005704

Amplify Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,706

Year Built

  • Built in 1972

Lot Details

  • 2.42 Acre Lot
  • Fenced Yard
  • Level Lot
  • Sprinkler System

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 4-Story Property
  • Gas Fireplace
  • Wood Flooring
  • Basement

Kitchen

  • Double Oven
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

  • East Valley Middle School
  • East Valley High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Provided By Condo Association
  • High Speed Internet

Community Details

  • East 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55023.0138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,706

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1972
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Views, Fenced Yard, Sprinkler - Automatic, Level, Horses Allowed
  • Lot Size Acres: 2.42
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Mountain(s), Territorial
  • Reso Association Amenities: Patio, Hot Water
  • Co List Office Phone: (509) 458-4000
  • MLS Status: Sold
  • Subdivision Name: East 2
  • Architectural Style: Traditional
  • Reso Fireplace Features: Gas
  • Reso Interior Features: Wood Floor, Vinyl
  • New Construction: No
  • Reso Structure Type: Four Level
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Rec/Family Area, Laundry
  • Appliances: Grill, Double Oven, Dishwasher, Refrigerator, Microwave, Pantry, Hrd Surface Counters
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 4

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding
  • Other Structures: Workshop, Shed(s), See Remarks

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, RV Parking, Workshop in Garage, Garage Door Opener, Oversized

Utilities

  • Cooling: Wall Unit(s), See Remarks
  • Heating: Electric, Baseboard, See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Otis Orchards
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 55023.0138
  • Lot Size Sq Ft: 105415
  • Additional Parcels: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 24, 2024
Sold by
Faridnia Abbas J
Bought by
Artemenko Olga and Artemenko Peter
Seller's Agent
Shane Bangle
Keller Williams Spokane - Main
Buyer's Agent
Ellie Groves
Amplify Real Estate Services
List Price
$689,000
Sold Price
$679,000
Premium/Discount to List
-$10,000
-1.45%
Views
1479
Current Estimated Value
$672,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,372
Avg. Annual Appreciation
-1.21%
Original Mortgage
$475,300
Outstanding Balance
$471,340
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$200,684

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 22, 2022
Sold by
Jeanine Ruegsegger
Bought by
Faridnia Abbas J
Seller's Agent
Susan Conner
Amplify Real Estate Services
Buyer's Agent
Susan Conner
Amplify Real Estate Services
List Price
$747,000
Sold Price
$645,000
Premium/Discount to List
-$102,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Sep 22, 2021
Sold by
Ruegsegger Jeanine and Estate Of Leland Ruegsegger
Bought by
Ruegsegger Jeanine
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 $679,000 Wfg National Title
Warranty Deed -- Ticor Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $679,000 -1.5% $337 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $689,000 +6.8% $342 / Sq Ft
07/28/2022 07/28/22 Sold $645,000 -13.7% $320 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $747,000 -- $371 / 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 $5,706 $645,800 $167,600 $478,200
2024 $5,706 $588,200 $162,600 $425,600
2023 $4,821 $588,200 $162,600 $425,600
2022 $4,482 $494,900 $162,600 $332,300
2021 $4,393 $348,800 $113,400 $235,400
2020 $3,915 $292,760 $105,560 $187,200
2019 $3,418 $259,240 $92,040 $167,200
2018 $3,414 $241,360 $71,360 $170,000
2017 $3,229 $229,060 $71,360 $157,700
2016 $2,994 $214,730 $62,430 $152,300
2015 $3,133 $217,730 $62,430 $155,300
2014 -- $218,430 $62,430 $156,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202418776

Spokane Association of REALTORS®

APN: 55023.0138