NOT LISTED FOR SALE

5915 N Malvern Rd Otis Orchards, WA 99027

Otis Orchards-East Farms Neighborhood

Estimated Value: $231,000 - $608,000

2.52 Acres
$148,545 Price per Acre
109,771 Sq Ft Lot

Last Sold September 21, 2022

Last sale price $210,000

Est. 78% increase in value since last sale

Current estimated payment $2,144/month

29 Days on Market

Highlights

  • 2.52 Acre Lot
  • No HOA
  • Level Lot
  • Territorial View
  • Open Space

About This Lot

As of September 2022

Priced to Sell. 2.52 Acres available with septic, water, and electricity. R5 zoning. 2.94 acre parcel next door is also available (6009Malvern). Close to Liberty Lake, Spokane Valley, Downtown Spokane, and Coeur d'Alene. Seller is licensed Real Estate Agent in theState of Washington and Idaho.. Spokane County Code allows for livestock in R-5 Zoning. Land financing available through several local lenders.

Last Agent to Sell the Property

Joe Wilhelm

Daybreak Realty License #DB15809 Listed on: 08/11/2022

Last Buyer's Agent

Chase Baxter

John L. Scott License #SP47444

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,326

Lot Details

  • 2.52 Acre Lot
  • Open Space
  • Level Lot
  • Open Lot
  • Property is zoned R5, R5

Property Views

  • Territorial Views

Utilities

  • Natural Gas Not Available
  • Septic System
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56352.9257

Property Details

Property Type

Land

Est. Annual Taxes

$1,326

Lot Details

0

Listing Details

  • Property Sub Type: 1 - 10 Acres
  • Prop. Type: Land
  • Lot Size Acres: 2.52
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: I-90 to Harvard (Liberty Lake) Exit. North to Wellesley. East toMcKinzie. North to Joseph. East to Malvern. North on Malvernto Property on Left.
  • General Property Description:Lot Acres2: 2.52
  • General Property Description:Lot Type 1: Residential
  • Legal and Taxes:Zoning2: R5
  • Legal and Taxes:Tax Year2: 2020
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: No
  • View:Territorial: Yes
  • Electricity:Available: Yes
  • Telephone:Available3: Yes
  • Sewer:Septic System: Yes
  • Natural Gas:Not Available2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level, Open Lot
  • View: Territorial
  • Lot Features:Open: Yes
  • Lot Features:Level: Yes

Utilities

  • Sewer: Septic System

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Size Sq Ft: 109771.2
  • Additional Parcels Description: 56352.9257
  • Parcel #: 56352.9257
  • Zoning: R5

Tax Info

  • Tax Annual Amount: 1326.18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Dejong Marcus Franklin and Dejong Kathleen Lorrai
Bought by
Dejong Marcus Franklin and Dejong Kathleen Lorraine
Current Estimated Value
$374,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$495,016
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$191,683

Purchase Details

Closed on
Jul 30, 2024
Sold by
Dilworth Kristina L
Bought by
Dilworth Colin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$495,016
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$191,683

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 19, 2022
Sold by
Wilhelm Family Trust
Bought by
Dejong Marcus Franklin and Dejong Kathleen Lorraine
Seller's Agent
Joe Wilhelm
Daybreak Realty
Buyer's Agent
Chase Baxter
John L. Scott
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$168,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2021
Sold by
F & L Rogers Limited Partnership
Bought by
Wilhelm Joseph and Wilhelm Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,803
Interest Rate
2.96%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Dejong Marcus Franklin $313 Wfg National Title
Dilworth Colin D $313 Wfg National Title
Dejong Marcus Franklin -- --
Wilhelm Joseph $83,803 Wfg Insured
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejong Marcus Franklin $500,000
Previous Owner Dejong Marcus Franklin $168,000
Previous Owner Wilhelm Joseph $73,803
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $210,000 -12.5% --
08/21/2022 08/21/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $239,900 -- --
Source: Coeur d'Alene Multiple Listing Service

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 $1,905 $198,900 $198,900 --
2024 $1,905 $192,290 $192,290 --
2023 $1,309 $192,290 $192,290 $0
2022 $1,326 $130,860 $130,860 $0
2021 $1,098 $83,920 $83,920 $0
2020 $1,081 $76,680 $76,680 $0
2019 $982 $70,810 $70,810 $0
2018 $842 $55,260 $55,260 $0
2017 $916 $61,470 $61,470 $0
2016 $845 $56,970 $56,970 $0
2015 $871 $56,970 $56,970 $0
2014 -- $56,970 $56,970 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joe Wilhelm

    Daybreak Realty

    3 in this area

    10 Total Sales

    Joe Wilhelm
    Section Image

  • C

    Buyer's Agent in 2022

    Chase Baxter

    John L. Scott

See All Agents

Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 22-7421

Coeur d

APN: 56352.9257

Washington Spokane County Otis Orchards 99027 Otis Orchards-East Farms

5915 N Malvern Rd, Otis Orchards, WA

This home is located at 5915 N Malvern Rd, Otis Orchards, WA 99027 since 11 August 2022 and is currently estimated at $374,333. 5915 N Malvern 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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