NOT LISTED FOR SALE

5605 N Del Rey Dr Otis Orchards, WA 99027

Estimated Value: $698,000 - $960,000

0.39 Acre
$2,153,979 Price per Acre
16,858 Sq Ft Lot

Last Sold October 11, 2017

Last sale price $82,500

Est. 910% increase in value since last sale

Current estimated payment $5,160/month

About This Lot

As of October 2017

This home is located at 5605 N Del Rey Dr, Otis Orchards, WA 99027 since 08 August 2017 and is currently estimated at $833,590. 5605 N Del Rey Dr is a home located in Spokane County with nearby schools including Otis Orchards School, East Valley Middle School, and East Valley High School & Extension.

Last Agent to Sell the Property

Jack Kestell

Kestell Company License #12928 Listed on: 08/08/2017

Last Buyer's Agent

Carrie Meyer

Home Sales Spokane License #117320

Home Sales Spokane

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,414

Lot Details

Additional Features

  • Oversized Lot
  • Territorial Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 56311.2101

Property Details

Property Type

Land

Est. Annual Taxes

$7,414

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views, Oversized Lot, CC & R
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Co List Office Phone: 509-838-2002
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Natural Gas Available, Phn Av Prop L, Pwr Av Prop L, CTV Av Prop L, Underground Utilities
  • Sewer: Public Sewer
  • Water Source: Public, Available

Lot Info

  • Parcel Number: 56311.2101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Fahie Charles D
Bought by
Fahie-Krasney Living Trust
Current Estimated Value
$833,590

Purchase Details

Listed on
Aug 8, 2017
Closed on
Oct 3, 2017
Sold by
Fahie Celia
Bought by
Fahie Charles D
Seller's Agent
Jack Kestell
Kestell Company
Buyer's Agent
Carrie Meyer
Home Sales Spokane
List Price
$87,500
Sold Price
$82,500
Premium/Discount to List
-$5,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.24%
Original Mortgage
$424,000
Interest Rate
3.86%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 28, 2017
Sold by
The Highest Llc
Bought by
Fahie Charles D and Krasney Kelly M
Seller's Agent
Jack Kestell
Kestell Company
Buyer's Agent
Carrie Meyer
Home Sales Spokane
List Price
$87,500
Sold Price
$82,500
Premium/Discount to List
-$5,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.86%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Fahie-Krasney Living Trust -- None Listed On Document
Fahie Charles D -- Inland Professional Title
Fahie Charles D $82,500 Inland Professional Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahie Charles D $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $82,500 -5.7% --
08/08/2017 08/08/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $87,500 -- --
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 $7,414 $703,400 $140,000 $563,400
2024 $7,414 $797,400 $135,000 $662,400
2023 $7,628 $786,400 $135,000 $651,400
2022 $6,763 $825,000 $135,000 $690,000
2021 $6,420 $540,000 $75,000 $465,000
2020 $6,241 $498,500 $75,000 $423,500
2019 $5,698 $466,200 $75,000 $391,200
2018 $740 $55,000 $55,000 $0
2017 $89 $5,000 $5,000 $0
2016 $88 $5,000 $5,000 $0
2015 $90 $5,000 $5,000 $0
2014 -- $5,000 $5,000 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201722547

Spokane Association of REALTORS®

APN: 56311.2101