NOT LISTED FOR SALE

Estimated Value: $365,000 - $788,564

4 Beds
4 Baths
1,026 Sq Ft
$628/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $395,000 $385 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,145/month

23 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • 2 Car Attached Garage
  • 4.89 Acre Lot
  • Oversized Lot
  • Oversized Parking

About This Home

As of June 2018

Unique opportunity to own 2 Homes on nearly 5 acres featuring stunning shop/home design - (40'x80') part. fin. approx. 1250sf with 2beds/2baths & amazing kitchen, living space & master suite. Stylish design thru-out w/ charming features: LVP floors, claw foot tub, gas stove & barn door slider. Add'l Home has newer flooring, plus maple cabinets, spacious rooms & brick work/storage shop. Perfect horse set up w/ loafing shed, fencing & pasture. Huge parking area, frost free hydrants, sprinklers & gardens!

Last Listed By

Pam Fredrick

John L Scott, Spokane Valley License #17917 Listed on: 04/11/2018

John L Scott, Spokane Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1921

Lot Details

  • 4.89 Acre Lot
  • Back and Front Yard Fenced
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Partially Finished Basement
  • Recreation or Family Area in Basement

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • 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

Horse Facilities and Amenities

  • Horse Setup

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • 200+ Amp Service
  • Septic System
  • Cable TV Available

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 56353.9269

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,649

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Gravel
  • Class: Residential
  • Excluded Items: Fencing for small horse pen
  • Style Of Construction: 1 Story
  • Year Built: 1921
  • Lvt Date: 04/11/2018
  • Geo Address Line: 5425 N Ormond Rd
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/23/2018 11:59:33 PM
  • Geo Zoom Level: 15
  • Sr High: East Valley
  • Year Renovated: 2016
  • Jr High: East Valley
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1026
  • Price Per Sq Ft: 384.99
  • Number of Stories: 1
  • Bathrooms: 4
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1026
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • Basement: Partial
  • Basement Bedrooms: 2
  • Basement Bathrooms: 2
  • Basement Family Room: 1
  • Basement Fireplace: 1
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr
  • Features: 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Microwave
  • Primary Bedroom: Wlkin Clst, Full Bath, 3/4 Bath, Dbl Sinks, 1st Flr, Garden Tub
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached, RV Parking, Shop Area, Opener, Oversized
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, El Wall Unit
  • Power Company: Avista
  • Water Company: Consolid.

Condo/Co-op/Association

  • Amenities: Cable TV, Patio, Do Not Use - StS

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: 4.89
  • Estimated Lot Sq Ft: 213008
  • Loc Dir E W: E
  • Loc Numberblk E W: 237
  • Loc Numberblks N S: 54
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Spr Sys, Treed, Level, Open, Oversized
  • Lot View: Territorial
  • Parcel Number: 56353.9269
  • Site Improvements: Septic Sys, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 3649.26
  • Assessor Parcel Number: 56353.9269

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 1, 2018
Sold by
Vburgess Steven C and Vburgess Margaret A
Bought by
Thompson Stephanie Jo
Seller's Agent
Pam Fredrick
John L Scott, Spokane Valley
Buyer's Agent
Monica Renfro
Realty One Group Eclipse
List Price
$389,900
Sold Price
$395,000
Premium/Discount to List
$5,100
1.31%
Total Days on Market
23
Current Estimated Value
$643,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,891
Avg. Annual Appreciation
7.32%
Original Mortgage
$316,000
Outstanding Balance
$276,136
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$367,755

Purchase Details

Listed on
Oct 6, 2015
Closed on
Dec 7, 2015
Sold by
Martin Richard D and Martin Britnea
Bought by
Burgess Steven C and Burgess Margaret A
Seller's Agent
Sheri Tilton
RE/MAX of Spokane
Buyer's Agent
Pam Fredrick
John L Scott, Spokane Valley
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.26%
Original Mortgage
$227,050
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Hansen Deloris I
Bought by
Martin Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1999
Sold by
Norwest Financial America Inc
Bought by
Hansen Deloris I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,854
Interest Rate
7.05%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Farris Dennis M and Farris Sheryl J
Bought by
Norwest Financial America Inc

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
Thompson Stephanie Jo $395,000 First American Title Ins Co
Burgess Steven C $239,000 Spokane County Title Company
Martin Richard $175,000 Stewart Title Of Spokane
Hansen Deloris I $95,200 Pacific Nw Title
Norwest Financial America Inc -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Stephanie Jo $316,000
Previous Owner Burgess Steven C $227,050
Previous Owner Martin Richard $140,000
Previous Owner Martin Richard $17,500
Previous Owner Martin Richard $166,250
Previous Owner Hansen Deloris I $25,000
Previous Owner Hansen Deloris I $94,854
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $395,000 +1.3% $385 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $389,900 +63.1% $380 / Sq Ft
12/10/2015 12/10/15 Sold $239,000 0.0% $233 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $239,000 -- $233 / 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
2024 $6,907 $690,600 $192,800 $497,800
2023 $6,968 $701,500 $192,800 $508,700
2022 $6,538 $701,500 $192,800 $508,700
2021 $5,989 $462,780 $121,680 $341,100
2020 $5,578 $406,500 $108,900 $297,600
2019 $3,892 $279,110 $100,010 $179,100
2018 $3,649 $242,180 $79,180 $163,000
2017 $3,530 $235,040 $89,040 $146,000
2016 $2,748 $177,640 $84,040 $93,600
2015 $2,804 $175,540 $84,040 $91,500
2014 -- $175,540 $84,040 $91,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201814788

Spokane Association of REALTORS®

APN: 56353.9269