Seller's Agent in 2023
Ray Murphy
Lakeshore Realty
(208) 699-5048
1 in this area
17 Total Sales
4014 N Arden Rd Otis Orchards, WA 99027
Otis Orchards-East Farms NeighborhoodEstimated Value: $475,000 - $527,867
3
Beds
2
Baths
1,980
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- Barn
- RV Access or Parking
- Mountain View
- Horses Allowed On Property
- 7.27 Acre Lot
- 1 Fireplace
About This Home
As of May 2023Rare 7 acre horse property, 5 acres of timothy/Alfafa hay field, 3 stall barn + 4th/5th stall under lean-to on barn's east end Barn holds approximatley 10 tons of hay. West end garage style barn door damaged by 60+ mph Nov 15 & 16, '21 wind storm. Lots of storage space on lean-to barn south side. 3 car garage added in 2010 with work area. Former attached garage converted into a suite by a prior sellers with a full bathroom. Sellers used as Mother's apartment. Gas stove does not work. Front porch with remodeled roof was extended over a new porch & front door by a prior seller. Buyers & buyers agents please look past clutter at great value of horse property & home priced $120,100 under Assessed 2023 value. A new shingle roof installed on home after 2021 wind storm. Property sold "as is". For more info, review form 17 thoroughly Property will not be approved for VA or FHA financing. The listing agent is a long time, close personal friend of one of the sellers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,084
Year Built
- Built in 1942
Lot Details
- 7.27 Acre Lot
- Cross Fenced
- Back and Front Yard Fenced
- Level Lot
- Open Lot
- Partial Sprinkler System
- Property is zoned R5
Home Design
- Composition Roof
- Metal Siding
Interior Spaces
- 1-Story Property
- 1 Fireplace
- Dining Room
- Mountain Views
- Partially Finished Basement
- Laundry in Basement
Kitchen
- Built-In Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Dryer
- Washer
Parking
- 3 Car Detached Garage
- Workshop in Garage
- RV Access or Parking
Schools
- Otis Orchard Elementary School
- East Valley Middle School
- East Valley High School
Farming
- Barn
Horse Facilities and Amenities
- Horse Setup
- Horses Allowed On Property
- Hay Storage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Water Source
- Gas Water Heater
- Septic System
Community Details
- No Home Owners Association
- Otisn 22 Subdivision
Listing and Financial Details
- Assessor Parcel Number 55032.9041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2024
Sold by
Mertens Steven and Mertens Anna
Bought by
Mertens Jacob
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$79,453
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$412,014
Purchase Details
Listed on
Mar 15, 2023
Closed on
Apr 28, 2023
Sold by
Wallace Lynn J
Bought by
Mertens Steven and Mertens Anna
Seller's Agent
Ray Murphy
Lakeshore Realty
Buyer's Agent
Merri Joy Moylan
Kelly Right Real Estate of Spokane
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$330,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2015
Sold by
Thomas Dennis and Delisi Lesa
Bought by
Horton Danny D and Curtiss Vera Rae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,127
Interest Rate
3.73%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 28, 2009
Sold by
Yhalkee Nancy L and Bray Nancy L
Bought by
Thomas Dennis and Delisi Lesa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
5.09%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 10, 1999
Sold by
Osborn Thomas J and Osborn Stephanie L
Bought by
Bray Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Interest Rate
7.7%
Purchase Details
Closed on
Sep 13, 1996
Sold by
Heid Forrest E and Heid Virginia R
Bought by
Osborn Thomas J and Osborn Stephanie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
7.87%
Mortgage Type
FHA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mertens Jacob | $313 | None Listed On Document | |
| Mertens Steven | -- | None Listed On Document | |
| Horton Danny D | $269,000 | Spokane County Title Company | |
| Thomas Dennis | $240,000 | Spokane County Title Co | |
| Bray Nancy L | $139,000 | Pacific Nw Title | |
| Osborn Thomas J | $122,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mertens Jacob | $80,000 | |
| Previous Owner | Mertens Steven | $330,000 | |
| Previous Owner | Horton Danny D | $264,127 | |
| Previous Owner | Thomas Dennis | $235,653 | |
| Previous Owner | Bray Nancy L | $120,000 | |
| Previous Owner | Bray Nancy L | $71,000 | |
| Previous Owner | Bray Nancy L | $75,000 | |
| Previous Owner | Bray Nancy L | $53,400 | |
| Previous Owner | Osborn Thomas J | $121,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $430,000 | +1.2% | $217 / Sq Ft |
| 03/21/2023 03/21/23 | Pending | -- | -- | -- |
| 03/15/2023 03/15/23 | For Sale | $425,000 | -- | $215 / 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 |
|---|---|---|---|---|
| 2024 | $5,084 | $507,200 | $285,400 | $221,800 |
| 2023 | $5,438 | $536,200 | $285,400 | $250,800 |
| 2022 | $5,191 | $545,100 | $285,400 | $259,700 |
| 2021 | $4,876 | $377,000 | $187,700 | $189,300 |
| 2020 | $4,708 | $346,800 | $174,700 | $172,100 |
| 2019 | $4,245 | $317,360 | $153,160 | $164,200 |
| 2018 | $3,847 | $265,450 | $109,350 | $156,100 |
| 2017 | $3,728 | $258,550 | $109,350 | $149,200 |
| 2016 | $3,380 | $235,850 | $96,350 | $139,500 |
| 2015 | $3,426 | $230,950 | $96,350 | $134,600 |
| 2014 | -- | $230,450 | $96,350 | $134,100 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Murphy
-
Merri Joy Moylan
Buyer's Agent in 2023
Merri Joy Moylan
Kelly Right Real Estate of Spokane
(208) 277-4613
1 in this area
76 Total Sales
Map
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