NOT LISTED FOR SALE

5816 N Martinson Rd Newman Lake, WA 99025

Otis Orchards-East Farms Neighborhood

Estimated Value: $401,000 - $440,000

4 Beds
2 Baths
1,708 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 5816 N Martinson Rd, Newman Lake, WA 99025 and is currently estimated at $424,354, approximately $248 per square foot. 5816 N Martinson Rd is a home located in Spokane County with nearby schools including East Farms School, East Valley Middle School, and East Valley High School & Extension.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2002
Sold by
Whitsett Clint J and Whitsett Amy N
Bought by
Rice Michael J and Rice Heather
Current Estimated Value
$424,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,053
Interest Rate
6.16%
Mortgage Type
FHA
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.

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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.

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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.

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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.

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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
Rice Michael J -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Michael J $70,000
Open Rice Michael J $230,000
Closed Rice Michael J $169,600
Closed Rice Michael J $112,597
Closed Rice Michael J $44,000
Closed Rice Michael J $126,000
Closed Rice Michael J $124,053
Source: Public Records

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 $3,791 $368,200 $95,000 $273,200
2024 $3,791 $384,200 $85,000 $299,200
2023 $3,734 $388,200 $85,000 $303,200
2022 $3,563 $380,300 $85,000 $295,300
2021 $3,273 $256,800 $60,000 $196,800
2020 $3,061 $226,800 $55,000 $171,800
2019 $2,766 $208,400 $45,000 $163,400
2018 $2,718 $190,600 $45,000 $145,600
2017 $2,505 $175,700 $45,000 $130,700
2016 $2,318 $164,200 $45,000 $119,200
2015 $2,292 $156,400 $40,000 $116,400
2014 -- $155,200 $36,000 $119,200
2013 -- $0 $0 $0
Source: Public Records

Map

Washington Spokane County Newman Lake 99025 Otis Orchards-East Farms

5816 N Martinson Rd, Newman Lake, WA

This home is located at 5816 N Martinson Rd, Newman Lake, WA 99025 and is currently estimated at $424,354, approximately $248 per square foot. 5816 N Martinson Rd is a home located in Spokane County with nearby schools including East Farms School, East Valley Middle School, and East Valley High School & Extension.

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