NOT LISTED FOR SALE

Estimated Value: $602,000 - $680,000

5 Beds
3 Baths
2,358 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $410,000 $174 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,946/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Main Floor Primary Bedroom
  • 4.69 Acre Lot
  • Contemporary Architecture
  • Sauna

About This Home

As of December 2019

Great open space home with a shop on 4+ acres. This home gives you a peaceful country feel close to the city, has plenty of shop and storage space for all your recreational toys including RV parking. This 5 bed 3 bath home has plenty of natural lighting and vaulted ceilings for a spacious feel. Relax and enjoy the covered deck with a territorial views. Don't miss out on this hard to find close in 4.69 acres that is fenced with a sprinkler system.

Last Agent to Sell the Property

Todd Spencer

Coldwell Banker Tomlinson License #76967 Listed on: 11/08/2019

Coldwell Banker Tomlinson

Last Buyer's Agent

Sharon Jones

Jones Real Estate, LLC License #17614

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 1995

Lot Details

  • 4.69 Acre Lot
  • Back Yard Fenced
  • Oversized Lot
  • Sprinkler System

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2,358 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

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

Outdoor Features

  • Storage Shed
  • Shop

Schools

  • Otis Orchards Elementary School
  • East Valley Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • 200+ Amp Service
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55022.0284

Community Details

Overview

  • Plat East Farms Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch
  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,662

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 1995
  • Lvt Date: 11/08/2019
  • Common Interest Community: No
  • Geo Address Line: 4110 N Molter Rd
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/9/2019 1:24:56 AM
  • Geo Zoom Level: 15
  • Sr High: East Valley
  • Jr High: East Valley
  • Subdivision/Development: Plat - East Farms
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2358
  • Price Per Sq Ft: 173.88
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1214
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 1144
  • Basement Percent: 98
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Cath Cling, Skylight, Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Great room
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, D/W, Refrig, Disposal, Kit Island
  • Primary Bedroom: Full Bath, 1st Flr
  • Number of Family Rooms: 2

Exterior Features

  • Exterior: Metal
  • Out Buildings: Shop, Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking, Shop Area, Opener, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm.
  • Water Company: CSD Irrega

Condo/Co-op/Association

  • Amenities: Sauna, Cable TV, Deck, Patio

Schools

  • School District: East Valley
  • Elementary School: Otis Orchards
  • Middle School: East Valley
  • High School: East Valley
  • School District: East Valley
  • Elementary School: Otis Orchards

Lot Info

  • Acres Mol: 4.69
  • Estimated Lot Sq Ft: 204457
  • Loc Dir E W: E
  • Loc Numberblk E W: 235
  • Loc Numberblks N S: 41
  • Estimated Lot Dimension Depth: 638
  • Estimated Lot Dimension Front: 330
  • Lot Information: View, Fncd Bk Yd, Spr Sys, Oversized
  • Lot View: Mountain, Territorial
  • Parcel Number: 55022.0284
  • Site Improvements: Septic Sys, Pub Wtr

Tax Info

  • Taxes: 3662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 5, 2019
Sold by
Summers Farrel W and Summers Gayle A
Bought by
Reed Jakob M and Reed Holly E
Seller's Agent
Todd Spencer
Coldwell Banker Tomlinson
Buyer's Agent
Sharon Jones
Jones Real Estate, LLC
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$656,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,350
Avg. Annual Appreciation
8.15%
Original Mortgage
$328,000
Outstanding Balance
$291,851
Interest Rate
3.75%
Estimated Equity
$354,588

Purchase Details

Closed on
May 6, 1997
Sold by
Schmidtke Kurt J and Schmidtke Carla K
Bought by
Summers Farrel W and Summers Gayle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.87%

Purchase Details

Closed on
Jan 18, 1996
Sold by
Greer Construction Inc
Bought by
Schmidtke Kurt J and Schmidtke Carla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
7.18%
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 Buyer Sale Price Title Company
Reed Jakob M $410,000 Ticor Title Company
Summers Farrel W $175,000 Spokane County Title Co
Schmidtke Kurt J $178,671 Transamerica Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Jakob M $328,000
Previous Owner Summers Farrel W $140,000
Previous Owner Schmidtke Kurt J $152,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $410,000 0.0% $174 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/11/2019 11/11/19 Price Changed $410,000 +2.5% $174 / Sq Ft
11/08/2019 11/08/19 For Sale $399,900 -- $170 / 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 $5,591 $559,500 $235,700 $323,800
2024 $5,591 $569,200 $230,700 $338,500
2023 $5,542 $569,200 $230,700 $338,500
2022 $5,262 $567,100 $230,700 $336,400
2021 $5,014 $396,500 $158,800 $237,700
2020 $4,500 $335,120 $146,420 $188,700
2019 $3,662 $274,480 $119,280 $155,200
2018 $3,547 $247,120 $89,520 $157,600
2017 $3,348 $233,820 $89,520 $144,300
2016 $3,104 $218,890 $82,290 $136,600
2015 $3,140 $213,890 $82,290 $131,600
2014 -- $214,090 $82,290 $131,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201926090

Spokane Association of REALTORS®

APN: 55022.0284