NOT LISTED FOR SALE

5825 N Malta St Newman Lake, WA 99025

Otis Orchards-East Farms Neighborhood

Estimated Value: $453,000 - $477,000

4 Beds
2 Baths
1,968 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $250,000 $127 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,808/month

34 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Level Lot
  • 2 Car Attached Garage

About This Home

As of January 2019

Gorgeous 2 story home in Newman lake. This home offers a spacious living area that opens up to the kitchen and dining room. The kitchen has lots of storage and boasts SS appliances. The bedrooms have plush carpets for comfort. This home also features a large deck that looks over the expansive backyard. This home is full of potential. Don't miss your chance!

Last Agent to Sell the Property

Polly Watts

Maxim Properties License #25096 Listed on: 11/08/2018

Last Buyer's Agent

Ken Fry

Windermere Valley License #27786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1992

Lot Details

  • 0.39 Acre Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Concrete Foundation
  • Composition Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 56362.1105

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,678

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: Split Entry
  • Year Built: 1992
  • Lvt Date: 11/09/2018
  • Common Interest Community: No
  • Geo Address Line: 5825 N Malta St
  • Geo Primary City: Newman Lake
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/9/2018 10:11:09 PM
  • Geo Zoom Level: 15
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 1968
  • Price Per Sq Ft: 127.03
  • Bathrooms: 2
  • Bedrooms: 4
  • First Floor Bedrooms: 2
  • Basement: Full, Finished
  • Basement: Yes
  • Basement Bedrooms: 2
  • Design: Traditional
  • Kitchen Appliances: Blt in R/O, D/W, Microwave

Exterior Features

  • Exterior: Metal, Vinyl
  • Foundation: Conc Pad
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Forced Air

Schools

  • School District: East Valley
  • School District: East Valley

Lot Info

  • Acres Mol: 0.39
  • Estimated Lot Sq Ft: 17000
  • Loc Dir E W: E
  • Loc Numberblk E W: 256
  • Loc Numberblks N S: 58
  • Estimated Lot Dimension Depth: 130
  • Estimated Lot Dimension Front: 100
  • Lot Information: Fncd Bk Yd, Level
  • Parcel Number: 56362.1105
  • Site Improvements: Septic Sys, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 2677.98
  • Assessor Parcel Number: 56362.1105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Jan 2, 2019
Sold by
Breckenridge Prop Fund 2016 Llc
Bought by
Swenson Katie L
Seller's Agent
Polly Watts
Maxim Properties
Buyer's Agent
Ken Fry
Windermere Valley
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$463,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,453
Avg. Annual Appreciation
9.62%
Original Mortgage
$225,000
Outstanding Balance
$198,616
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$264,837

Purchase Details

Closed on
Jul 30, 2018
Sold by
Anishchenko Sergey M and Anishchenko Lyubov Y
Bought by
Breckenridge Property Fund 2016 Llc

Purchase Details

Closed on
Apr 7, 2008
Sold by
Ferman Fredy R and Ferman Rocio C
Bought by
Anishchenko Sergey M and Anishchenko Lyubov Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2006
Sold by
Scherbachuk Vladimir I and Scherbachuk Tatyana R
Bought by
Ferman Fredy R and Ferman Rocio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 15, 2003
Sold by
Snarr Stephen T
Bought by
Scherbachuk Vladimir I and Scherbachuk Tatyana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,358
Interest Rate
5.77%
Mortgage Type
FHA
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
Swenson Katie L $250,000 Ticor Title
Breckenridge Property Fund 2016 Llc $199,900 None Available
Anishchenko Sergey M $199,900 Transnation Title Ins Co
Ferman Fredy R $170,000 First American Title Ins
Scherbachuk Vladimir I -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swenson Katie L $225,000
Previous Owner Anishchenko Sergey M $199,900
Previous Owner Ferman Fredy R $10,000
Previous Owner Scherbachuk Vladimir I $101,358
Closed Scherbachuk Vladimir I $3,750
Closed Breckenridge Property Fund 2016 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $250,000 0.0% $127 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
12/08/2018 12/08/18 Price Changed $249,900 -7.4% $127 / Sq Ft
11/08/2018 11/08/18 For Sale $269,900 -- $137 / 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 $4,208 $418,700 $95,000 $323,700
2024 $4,208 $429,500 $85,000 $344,500
2023 $4,146 $433,700 $85,000 $348,700
2022 $3,950 $425,200 $85,000 $340,200
2021 $3,712 $294,100 $60,000 $234,100
2020 $3,222 $239,800 $55,000 $184,800
2019 $2,726 $205,100 $44,000 $161,100
2018 $2,678 $187,500 $44,000 $143,500
2017 $2,469 $172,900 $44,000 $128,900
2016 $2,283 $161,400 $44,000 $117,400
2015 $2,257 $153,700 $39,000 $114,700
2014 -- $152,400 $35,000 $117,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Polly Watts

    Maxim Properties

    Section Image
  • Ken Fry

    Buyer's Agent in 2019

    Ken Fry

    Windermere Valley

    (509) 216-4256

    39 Total Sales

    Ken Fry
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201827115

Spokane Association of REALTORS®

APN: 56362.1105

Washington Spokane County Newman Lake 99025 Otis Orchards-East Farms

5825 N Malta St, Newman Lake, WA

This home is located at 5825 N Malta St, Newman Lake, WA 99025 since 08 November 2018 and is currently estimated at $463,453, approximately $235 per square foot. This property was built in 1992. 5825 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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