NOT LISTED FOR SALE

Estimated Value: $280,872 - $324,000

4 Beds
2 Baths
1,586 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $125,000 $79 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,841/month

65 Days on Market

About This Home

As of February 2017

Fantastic Investment Opportunity with Great Cash Flow! At this price, you're looking at nearly 10% gross on your money! 2 bed one bath in each unit. As a matter of fact, you can buy the duplex next door as well and package them together!!

Last Agent to Sell the Property

Brandon Marchand

Keller Williams Spokane - Main License #23628 Listed on: 11/01/2016

Keller Williams Spokane - Main

Last Buyer's Agent

Jon Ehrlich

Coldwell Banker Tomlinson License #25845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1979

Lot Details

  • 6,098

Parking

  • Carport

Home Design

  • Siding

Schools

  • Garry Middle School
  • Rogers High School

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36324.1027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,190

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Electric, Baseboard

Schools

  • Elementary School: Whitman
  • High School: Rogers
  • Middle Or Junior School: garry

Lot Info

  • Parcel Number: 36324.1027
  • Lot Size Sq Ft: 6098

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1190
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Feb 16, 2017
Sold by
Kostecka Patrick D and Kostecka Alisa A
Bought by
Rodriguez Ivan
Seller's Agent
Brandon Marchand
Keller Williams Spokane - Main
Buyer's Agent
Jon Ehrlich
Coldwell Banker Tomlinson
List Price
$137,500
Sold Price
$125,000
Premium/Discount to List
-$12,500
-9.09%
Current Estimated Value
$309,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,468
Avg. Annual Appreciation
10.80%
Original Mortgage
$215,000
Outstanding Balance
$178,011
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,457

Purchase Details

Closed on
Feb 17, 2004
Sold by
Gortsema Tena
Bought by
Kostecka Patrick D and Kostecka Alisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2002
Sold by
Gortsema Tena
Bought by
Gortsema Tena and Gortsema Family Trust

Purchase Details

Closed on
Sep 13, 2000
Sold by
Gortsema Cornelius and Gortsema Tena
Bought by
Gortsema Richard M

Purchase Details

Closed on
Jul 27, 2000
Sold by
Bordwell Jeff E
Bought by
Gortsema Neal and Gortsema Tina

Purchase Details

Closed on
Mar 31, 1997
Sold by
Gortsema Cornelius and Gortsema Tena
Bought by
Bordwell Jeff E and Bordwell Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.56%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Ivan $250,000 None Available
Kostecka Patrick D $82,000 Transnation Title
Gortsema Tena -- --
Gortsema Tena -- --
Gortsema Richard M -- --
Gortsema Neal -- Commonwealth Land Title Ins
Bordwell Jeff E $85,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Ivan $215,000
Previous Owner Kostecka Patrick D $65,600
Previous Owner Bordwell Jeff E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2017 02/21/17 Sold $125,000 -9.1% $79 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $137,500 -- $87 / 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 $2,643 $263,100 $70,000 $193,100
2024 $2,643 $266,000 $70,000 $196,000
2023 $2,538 $259,100 $60,000 $199,100
2022 $2,026 $259,100 $60,000 $199,100
2021 $1,773 $148,600 $32,000 $116,600
2020 $1,587 $128,000 $30,000 $98,000
2019 $1,315 $109,700 $22,000 $87,700
2018 $1,334 $95,600 $20,000 $75,600
2017 $1,105 $80,600 $20,000 $60,600
2016 $1,008 $71,900 $20,000 $51,900
2015 $999 $69,700 $20,000 $49,700
2014 -- $77,300 $20,000 $57,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201626686

Spokane Association of REALTORS®

APN: 36324.1027