NOT LISTED FOR SALE

5606 N Malta St Newman Lake, WA 99025

Otis Orchards-East Farms Neighborhood

Estimated Value: $425,000 - $467,000

4 Beds
2 Baths
1,983 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $450,000 $227 Per Sq Ft

Current estimated payment $2,817/month

39 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • No HOA
  • Mountain View
  • 1 Fireplace
  • Fenced Yard

About This Home

As of July 2024

Indulge in comfort and convenience within this meticulously maintained residence. Upon entry, the main living area greets you with vaulted ceilings and an abundance of natural light, fostering a welcoming ambiance. The kitchen boasts a central island and sturdy oak cabinetry. Adjoining the kitchen is a dining space that flows seamlessly onto a recently constructed expansive deck, perfect for entertaining guests. During the colder months, enjoy the warmth provided by a newly installed stove in the basement, which efficiently heats the entire home. Outside, a generously sized fenced backyard awaits, complete with two access gates, notably a sizable one accessible from Rowan Street, ideal for accommodating recreational vehicles or boats. Furthermore, with its sunny southern exposure, this property presents an optimal setting for gardening enthusiasts. Nature enthusiasts will appreciate the proximity to the Centennial Trail system, tranquil Spokane River, and the Idaho border.

Last Agent to Sell the Property

Kaya Kennedy

Keller Williams Spokane - Main License #121313 Listed on: 05/01/2024

Keller Williams Spokane - Main

Last Buyer's Agent

Hannah Kotsala

First Look Real Estate License #115578

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1991

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Level Lot
  • Sprinkler System
  • Property is zoned R-5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Site Parking
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • 1,983 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Outdoor Features

  • Shed

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Furnace
  • Baseboard Heating
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 56362.0907

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,886

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1991
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Views, Fenced Yard, Sprinkler - Automatic, Level, Surveyed
  • Lot Size Acres: 0.32
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Mountain(s), Territorial
  • Reso Association Amenities: Deck, Tankless Water Heater
  • Co List Office Phone: (509) 458-4000
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • New Construction: No
  • Reso Structure Type: Split Entry
  • Master Plan Zoning: R-5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Finished, Daylight, Rec/Family Area, Laundry
  • Appliances: Built-In Range/Oven, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, RV Parking, Garage Door Opener, Off Site

Utilities

  • Heating: Gas Hot Air Furnace, Baseboard

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: East Valley
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 56362.0907
  • Lot Size Sq Ft: 13780
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3885.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 18, 2024
Sold by
Smith Sally A and Mcbride Suzanne
Bought by
Enockson Palmer James and Enockson Diana
Seller's Agent
Kaya Kennedy
Keller Williams Spokane - Main
Buyer's Agent
Hannah Kotsala
First Look Real Estate
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Views
83
Current Estimated Value
$450,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753
Avg. Annual Appreciation
0.16%
Original Mortgage
$450,000
Outstanding Balance
$445,782
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$4,971

Purchase Details

Listed on
Sep 3, 2014
Closed on
Apr 10, 2015
Sold by
Ledford Richard D and Ledford Shannon
Bought by
Smith Lyman J and Smith Sally A
Seller's Agent
Neil Thompson
CENTURY 21 Beutler & Associates
Buyer's Agent
Susan Purdom
John L Scott, Spokane Valley
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$148,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Bowman Kevin A and Bowman Lisa M
Bought by
Ledford Richard D and Ledford Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,025
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2007
Sold by
Bowman Kevin A
Bought by
Bowman Kevin A and Bowman Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
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
Enockson Palmer James $450,000 Ticor Title
Smith Lyman J $185,000 Stewart Title
Ledford Richard D $176,780 First American Title Ins Co
Bowman Kevin A -- Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enockson Palmer James $450,000
Previous Owner Smith Lyman J $148,000
Previous Owner Ledford Richard D $172,025
Previous Owner Bowman Kevin A $140,000
Previous Owner Bowman Kevin A $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $450,000 0.0% $227 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $450,000 -4.1% $227 / Sq Ft
05/01/2024 05/01/24 For Sale $469,000 +153.5% $237 / Sq Ft
04/14/2015 04/14/15 Sold $185,000 -7.5% $93 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
09/03/2014 09/03/14 For Sale $200,000 -- $101 / 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 $3,919 $405,300 $90,000 $315,300
2024 $3,919 $398,100 $80,000 $318,100
2023 $3,859 $402,200 $80,000 $322,200
2022 $3,650 $393,900 $80,000 $313,900
2021 $3,341 $262,600 $55,000 $207,600
2020 $3,113 $231,000 $50,000 $181,000
2019 $2,811 $212,100 $40,000 $172,100
2018 $2,753 $193,300 $40,000 $153,300
2017 $2,633 $185,600 $40,000 $145,600
2016 $2,452 $174,800 $40,000 $134,800
2015 $2,378 $162,900 $35,000 $127,900
2014 -- $161,100 $33,000 $128,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kaya Kennedy

    Seller's Agent in 2024

    Kaya Kennedy

    Keller Williams Spokane - Main

    (509) 565-0026

    1 in this area

    43 Total Sales

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  • Hannah Kotsala

    Buyer's Agent in 2024

    Hannah Kotsala

    First Look Real Estate

    (509) 990-9091

    1 in this area

    53 Total Sales

    Section Image

  • N

    Seller's Agent in 2015

    Neil Thompson

    CENTURY 21 Beutler & Associates

    Section Image
  • Susan Purdom

    Buyer's Agent in 2015

    Susan Purdom

    John L Scott, Spokane Valley

    (509) 688-7131

    11 Total Sales

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202415432

Spokane Association of REALTORS®

APN: 56362.0907

Washington Spokane County Newman Lake 99025 Otis Orchards-East Farms

5606 N Malta St, Newman Lake, WA

This home is located at 5606 N Malta St, Newman Lake, WA 99025 since 01 May 2024 and is currently estimated at $450,753, approximately $227 per square foot. This property was built in 1991. 5606 N Malta 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.

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Information is deemed reliable but not guaranteed.

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