NOT LISTED FOR SALE

5007 N Merrie St Newman Lake, WA 99025

Otis Orchards-East Farms Neighborhood

Estimated Value: $357,000 - $406,060

3 Beds
1 Bath
1,824 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $340,000 $186 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,324/month

Highlights

  • RV Access or Parking
  • Corner Lot
  • 1 Car Attached Garage
  • Wood Burning Stove
  • No HOA
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of October 2022

**Pending at time of Listing - Newman Lake/Otis Orchards Rancher, close to East Farms Elementary and Stateline Idaho. 2 bedroom 1 bath on main floor with non-egress bedroom in basement with plumbing for additional bathroom in the basement. This home could very easily be converted to a 3 bed 2 bath home on large lot with room to build a shop.

Last Agent to Sell the Property

Kevin Scherer

Professional Realty Services License #137621 Listed on: 09/13/2022

Professional Realty Services

Last Buyer's Agent

Scott Rothrock

eXp Realty, LLC License #28004

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,475

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Storage Shed

Schools

  • East Farms Elementary School
  • East Valley Middle School
  • East Valley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56364.0908

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,475

Year Built

Built in 1978

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1978
  • Lvt Date: 09/13/2022
  • Common Interest Community: No
  • Geo Address Line: 5007 N Merrie St
  • Geo Primary City: Newman Lake
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/13/2022 11:37:43 PM
  • Geo Zoom Level: 15
  • Sr High: East Valley
  • Year Renovated: 2021
  • Jr High: East Valley
  • Allow Public Comments: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1824
  • Price Per Sq Ft: 186.4
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 912
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full
  • Estimated Basement Sq Ft: 912
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Fireplace: 1
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1
  • Stove: Wood Burn

Exterior Features

  • Exterior: Vinyl
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, RV Parking
  • Garage Size: 1

Utilities

  • Heating/Cooling: Elec, Basebd, El Wall Unit
  • Power Company: Avista

Schools

  • School District: East Valley
  • Elementary School: East Farms
  • Middle School: East Valley
  • High School: East Valley
  • School District: East Valley
  • Elementary School: East Farms

Lot Info

  • Acres Mol: 0.32
  • Estimated Lot Sq Ft: 13939
  • Loc Dir E W: E
  • Loc Numberblk E W: 260
  • Loc Numberblks N S: 50
  • Lot Information: Spr Sys, Level, Corner, Fenced
  • Parcel Number: 56364.0908
  • Site Improvements: Septic Sys, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 56364.0908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Oct 4, 2022
Sold by
Olson Matthew J and Olson Ashley N
Bought by
Heidenreich Kurt
Seller's Agent
Kevin Scherer
Professional Realty Services
Buyer's Agent
Scott Rothrock
eXp Realty, LLC
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$381,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,765
Avg. Annual Appreciation
2.95%
Original Mortgage
$347,820
Outstanding Balance
$335,600
Interest Rate
5.89%
Mortgage Type
VA
Estimated Equity
$34,866

Purchase Details

Listed on
Jul 14, 2014
Closed on
Sep 25, 2014
Sold by
Inman Louise R and Johnson Louise R
Bought by
Olson Matthew J
Seller's Agent
Luke Raynor
Realty One Group Eclipse
Buyer's Agent
Michele Webler
Savant Realty, Inc
List Price
$142,000
Sold Price
$150,000
Premium/Discount to List
$8,000
5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$153,061
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2006
Sold by
Dinatale Janet
Bought by
Johnson Louise R

Purchase Details

Closed on
Jun 1, 2006
Sold by
Johnson Louise R
Bought by
Johnson Louise R and Dinatale Janet

Purchase Details

Closed on
Jan 15, 2002
Sold by
Gerken Louise
Bought by
Johnson Louise and Johnson James E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heidenreich Kurt -- Washington Title Company
Olson Matthew J $150,000 First American Title Ins Co
Johnson Louise R -- None Available
Johnson Louise R -- Spokane County Title
Johnson Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heidenreich Kurt $347,820
Previous Owner Olson Matthew J $153,061
Previous Owner Inman Louise R $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $340,000 0.0% $186 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $340,000 +126.7% $186 / Sq Ft
09/26/2014 09/26/14 Sold $150,000 +5.6% $82 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $142,000 -- $78 / 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 $3,475 $346,400 $90,000 $256,400
2024 $3,475 $349,800 $80,000 $269,800
2023 $3,353 $344,400 $80,000 $264,400
2022 $3,068 $338,700 $75,000 $263,700
2021 $2,979 $231,800 $55,000 $176,800
2020 $2,824 $207,700 $50,000 $157,700
2019 $2,452 $182,400 $40,000 $142,400
2018 $2,328 $160,600 $40,000 $120,600
2017 $2,222 $153,800 $40,000 $113,800
2016 $2,126 $149,000 $40,000 $109,000
2015 $2,043 $137,400 $32,000 $105,400
2014 -- $135,000 $32,000 $103,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Scherer

    Seller's Agent in 2022

    Kevin Scherer

    Professional Realty Services

    (509) 216-6021

    1 in this area

    70 Total Sales

    Kevin Scherer
    Section Image
  • Scott Rothrock

    Buyer's Agent in 2022

    Scott Rothrock

    eXp Realty, LLC

    (208) 770-0610

    1 in this area

    22 Total Sales

    Scott Rothrock
    Section Image
  • Luke Raynor

    Seller's Agent in 2014

    Luke Raynor

    Realty One Group Eclipse

    (509) 994-7531

    68 Total Sales

    Luke Raynor
    Section Image
  • Keith Riddle

    Seller Co-Listing Agent in 2014

    Keith Riddle

    eXp Realty, LLC Branch

    (509) 879-7325

    24 Total Sales

    Keith Riddle
    Section Image
  • Michele Webler

    Buyer's Agent in 2014

    Michele Webler

    Savant Realty, Inc

    (208) 659-2737

    60 Total Sales

    Michele Webler
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202222659

Spokane Association of REALTORS®

APN: 56364.0908

Washington Spokane County Newman Lake 99025 Otis Orchards-East Farms

5007 N Merrie St, Newman Lake, WA

This home is located at 5007 N Merrie St, Newman Lake, WA 99025 since 13 September 2022 and is currently estimated at $381,765, approximately $209 per square foot. This property was built in 1978. 5007 N Merrie St is a home located in Spokane County with nearby schools including East Farms School, East Valley Middle School, and East Valley High School & Extension.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes