NOT LISTED FOR SALE

5510 N Simpson Rd Otis Orchards, WA 99027

Otis Orchards-East Farms Neighborhood

Estimated Value: $485,000 - $583,000

4 Beds
2 Baths
2,281 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 23, 2013

Last sale price $185,000 $81 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $3,281/month

165 Days on Market

Highlights

  • 1.06 Acre Lot
  • Contemporary Architecture
  • Cul-De-Sac
  • Mountain View
  • Oversized Lot
  • 2 Car Attached Garage

About This Home

As of July 2013

Otis Orchards Gem on over 1 acre. Lots of space with territorial views of the Spokane Valley. 4 Bed 2 Bath with 2 family rooms (one up / down). Vaulted ceilings Super clean! 2 Car attached garage. Room for a huge garden, chickens and more. Fenced dog run in back. Gas heat/Gas Hot water.

Last Agent to Sell the Property

Brandon Marchand

Keller Williams Spokane - Main License #23628 Listed on: 02/08/2013

Keller Williams Spokane - Main

Last Buyer's Agent

Todd Spencer

Coldwell Banker Tomlinson License #76967

Coldwell Banker Tomlinson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1992

Lot Details

  • 1.06 Acre Lot
  • Cul-De-Sac
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Irrigation

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,281 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Mountain Views

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement

Schools

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

Utilities

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

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 56354.0203

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,611

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 1992
  • Geo Address Line: 5510 N Simpson Rd
  • Geo Primary City: Otis Orchards
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/24/2013 8:07:16 PM
  • Geo Zoom Level: 16
  • Sr High: East Valley
  • Jr High: East Valley
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2281
  • Price Per Sq Ft: 81.1
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 4
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full, Finished, Fam/Rec Rm, Lndry, Outside Entr
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Cath Cling, Bay Wind, Skylight
  • Design: Contemp
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Disposal
  • Primary Bedroom: Dbl Clst, Full Bath
  • Number of Family Rooms: 2

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Cable Internet

Schools

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

Lot Info

  • Acres Mol: 1.06
  • Estimated Lot Sq Ft: 46174
  • Loc Dir E W: E
  • Loc Numberblk E W: 243
  • Loc Numberblks N S: 55
  • Lot Information: View, Level, Open, Culdesac, Oversized
  • Lot View: Mountain
  • Parcel Number: 56354.0203
  • Site Improvements: Septic Sys, Irrigation

Tax Info

  • Tax Database Id: 1
  • Taxes: 2611
  • Assessor Parcel Number: 56354.0203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Jul 19, 2013
Sold by
Scarlett Taner T
Bought by
Mcphail Vincent W and Mcphail Kimberly D
Seller's Agent
Brandon Marchand
Keller Williams Spokane - Main
Buyer's Agent
Todd Spencer
Coldwell Banker Tomlinson
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Current Estimated Value
$548,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,474
Avg. Annual Appreciation
9.18%
Original Mortgage
$188,775
Outstanding Balance
$137,035
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$411,439

Purchase Details

Closed on
Jul 24, 2008
Sold by
Scarlett Tiah L
Bought by
Scarlett Taner T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,425
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Abbott Eric L and Abbott Donna A
Bought by
Abbott Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1995
Sold by
Curtis Patrick L and Curtis Michelle K
Bought by
Abbott Eric L and Abbott Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,220
Interest Rate
9.16%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcphail Vincent W $185,280 First American Title Ins Co
Scarlett Taner T -- Pacific Northwest Title
Scarlett Taner T $221,500 Pacific Northwest Title
Abbott Donna A -- Transcontinental Title Co
Abbott Eric L -- Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphail Vincent W $188,775
Previous Owner Scarlett Taner T $210,425
Previous Owner Abbott Donna A $121,200
Previous Owner Abbott Eric L $113,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2013 07/23/13 Sold $185,000 -7.5% $81 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $200,000 -- $88 / 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 $4,756 $485,560 $120,960 $364,600
2024 $4,756 $488,340 $110,840 $377,500
2023 $4,818 $497,840 $110,840 $387,000
2022 $4,293 $497,840 $110,840 $387,000
2021 $1,921 $304,520 $72,720 $231,800
2020 $3,676 $275,900 $72,000 $203,900
2019 $3,282 $250,500 $60,000 $190,500
2018 $3,289 $234,000 $54,000 $180,000
2017 $3,035 $216,300 $54,000 $162,300
2016 $2,932 $212,200 $48,000 $164,200
2015 $2,926 $204,200 $40,000 $164,200
2014 -- $204,200 $40,000 $164,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Marchand

    Seller's Agent in 2013

    Brandon Marchand

    Keller Williams Spokane - Main

    (509) 991-6146

    5 in this area

    471 Total Sales

    Brandon Marchand
    Section Image
  • Todd Spencer

    Buyer's Agent in 2013

    Todd Spencer

    Coldwell Banker Tomlinson

    (509) 869-5885

    171 Total Sales

    Todd Spencer
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201311839

Spokane Association of REALTORS®

APN: 56354.0203

Washington Spokane County Otis Orchards 99027 Otis Orchards-East Farms

5510 N Simpson Rd, Otis Orchards, WA

Not Listed for Sale

Detached

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