$620,000
SOLD APR 26, 2024
4 Beds
2 Baths
2,021 Sq Ft
4.82 Acres

Recently Sold

$307 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.82 Acre Lot
  • Contemporary Architecture
  • RV Access or Parking
  • Mountain View
  • Property is near public transit

About This Home

As of April 2024

Enjoy this stunning Otis Orchards homestead on almost 5 acres with privacy close to all modern amenities. A gated entrance & long driveway lead you to a fabulous updated home with a 30x40 insulated shop & a 2-car garage. Ideal for horse enthusiasts, this property has irrigation, fenced pastures & room for all your toys! This home features vaulted ceilings, a tasteful kitchen remodel with new cabinets, granite countertops, stylish backsplash, & stainless appliances. Check out the large open great room & freshly repainted interior. The updated main bathroom features a walk-in shower. Fully finished basement with an oversized rec room, newer luxury vinyl plank floors, new farmhouse-style bathroom & large separate laundry. Enjoy beautiful views of green pastures, Micah Peak and beyond as you step outside on the new composite back deck w/ aluminum railing & stairs to massive yard. Newer roof, gutters, vinyl windows/gas furnace/AC. Modern comfort and country charm at it's best!

Last Agent to Sell the Property

Todd Grubb

Keller Williams Spokane - Main License #101798 Listed on: 03/05/2024

Keller Williams Spokane - Main

Last Buyer's Agent

Janna Busch

CENTURY 21 Beutler & Associates License #133692

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,427

Year Built

  • Built in 1993

Lot Details

  • 4.82 Acre Lot
  • Fenced Yard
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Open Lot

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Off-Site Parking
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Siding

Interior Spaces

  • 2,021 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Bay Window
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Hot Water Provided By Condo Association

Additional Features

  • Property is near public transit
  • Horse or Livestock Barn
  • Horses Allowed On Property

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 55043.9295

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,427

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1993
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Views, Fenced Yard, Cross Fncd, Level, Secluded, Open Lot, City Bus (w/in 6 blks), Oversized Lot, Fencing, Horses Allowed
  • Lot Size Acres: 4.82
  • Road Frontage Type: City Street
  • View Type:Pond View: Mountain(s), Territorial
  • Reso Association Amenities: Deck, Patio, Hot Water
  • Co List Office Phone: (509) 458-4000
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Window Bay Bow, Skylight(s), Vinyl
  • New Construction: No
  • Reso Structure Type: Split Entry
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Hrd Surface Counters
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding
  • Other Structures: Workshop, See Remarks, Horse Barn

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Slab/Strip, RV Parking, Garage Door Opener, Off Site, See Remarks, Oversized

Utilities

  • Cooling: Central Air
  • Heating: Gas Hot Air Furnace, Forced Air

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 55043.9295
  • Lot Size Sq Ft: 209959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 24, 2024
Sold by
Ledgerwood Victoria A and Marchi Victoria A
Bought by
Arenas-Raya Francisco
Seller's Agent
Todd Grubb
Keller Williams Spokane - Main
Buyer's Agent
Janna Busch
CENTURY 21 Beutler & Associates
List Price
$635,000
Sold Price
$620,000
Premium/Discount to List
-$15,000
-2.36%
Views
230
Current Estimated Value
$620,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30
Avg. Annual Appreciation
0.67%
Original Mortgage
$485,300
Outstanding Balance
$479,220
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$146,483

Purchase Details

Closed on
Mar 27, 2020
Sold by
Marchi Victoria A and Marchi Vincent James
Bought by
Marchi Victoria A and Marchi Vincent James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2015
Sold by
Fredericks Dane L and Fredericks Selah F
Bought by
Ledgerwood Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,775
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Stegemann George R
Bought by
Fredericks Dane L and Fredericks Selah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,103
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 15, 1998
Sold by
Cain Edwin L and Cain Annette Lynn
Bought by
Stegemann George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.73%
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 Type Sale Price Title Company
Warranty Deed $620,000 Wfg National Title
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $274,500 Stewart Title
Warranty Deed $185,517 Spokane County Title Co
Warranty Deed $128,500 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,300 New Conventional
Previous Owner $278,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $260,775 New Conventional
Previous Owner $37,103 Stand Alone Second
Previous Owner $58,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $620,000 -2.4% $307 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $635,000 +131.3% $314 / Sq Ft
07/13/2015 07/13/15 Sold $274,500 0.0% $136 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $274,500 -- $136 / 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 $5,427 $560,900 $239,600 $321,300
2024 $5,427 $553,100 $234,600 $318,500
2023 $5,505 $553,100 $234,600 $318,500
2022 $5,263 $564,700 $234,600 $330,100
2021 $5,076 $403,000 $161,400 $241,600
2020 $4,898 $368,460 $148,760 $219,700
2019 $4,280 $326,800 $132,300 $194,500
2018 $3,734 $262,690 $96,290 $166,400
2017 $3,567 $251,990 $96,290 $155,700
2016 $3,198 $227,530 $83,430 $144,100
2015 $2,958 $201,130 $83,430 $117,700
2014 -- $203,430 $83,430 $120,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202412500

Spokane Association of REALTORS®

APN: 55043.9295