NOT LISTED FOR SALE

Estimated Value: $316,811 - $363,000

4 Beds
2 Baths
1,830 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $155,000 $85 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,067/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating System
  • Level Lot
  • Shed
  • Community Deck or Porch

About This Home

As of May 2018

HUD Home. Excellent Investment Opportunity! Wonderful Duplex Awaiting your Finishing Touches. Both Units have Spacious Living Rooms with a Fireplace, New Kitchen Cabinets and Bathrooms with New Toilets, Sinks and Bathtub Inserts. Convenient Location close to Shopping, Schools, Parks and More! Per FHA Appraisal: 4 Bedrooms, 2 Bathrooms and 1830 Sq. Ft.

Last Agent to Sell the Property

John Stirling

Stirling Group License #24973 Listed on: 03/15/2018

Last Buyer's Agent

Danielle LaBar

Touchstone Real Estate Group License #26095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1974

Lot Details

  • 5,100 Sq Ft Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Split Foyer

Interior Spaces

  • 1,830 Sq Ft Home
  • Fireplace Features Masonry
  • Vinyl Clad Windows
  • Aluminum Window Frames

Basement

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

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Furnace
  • Gas Available

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35051.1022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, Gas, None
  • Co List Office Phone: 509-927-7733
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Fireplace Features: Masonry
  • Reso Interior Features: Alum Wn Fr, Windows Vinyl
  • Reso Structure Type: Split Entry
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Daylight, Laundry, Walk-Out Access

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Lot Info

  • Parcel Number: 35051.1022
  • Lot Size Sq Ft: 5100

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1759
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 4, 2018
Sold by
Secretary/Housing & Urban Dev
Bought by
Jensen Trevor L
Seller's Agent
John Stirling
Stirling Group
Buyer's Agent
Danielle LaBar
Touchstone Real Estate Group
List Price
$108,000
Sold Price
$155,000
Premium/Discount to List
$47,000
43.52%
Current Estimated Value
$339,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,453
Avg. Annual Appreciation
12.31%
Original Mortgage
$131,750
Outstanding Balance
$114,294
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$251,284

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 3, 2018
Sold by
Secretary Of Hud
Bought by
Jensen Trevor L
Seller's Agent
John Stirling
Stirling Group
Buyer's Agent
Danielle LaBar
Touchstone Real Estate Group
List Price
$108,000
Sold Price
$155,000
Premium/Discount to List
$47,000
43.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Outstanding Balance
$114,294
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$251,284

Purchase Details

Closed on
Feb 15, 2018
Sold by
Freedom Mortgage Corporation
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Dec 19, 2016
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Apr 26, 2013
Sold by
Lewis Charlene L and Lewis David R
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Aug 4, 1999
Sold by
Christie J H and Christie Hazel S
Bought by
Lewis David R and Lewis Charlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
11.25%
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
Jensen Trevor L -- None Listed On Document
Jensen Trevor L -- None Available
Secretary/Housing & Urban Dev -- None Listed On Document
Secretary Of Housing And Urban Developme -- First American Title Ins Co
Freedom Mortgage Corporation $124,491 First American Title Ins Co
Lewis David R $79,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Trevor L $131,750
Closed Jensen Trevor L $131,750
Previous Owner Lewis Charlene L $116,415
Previous Owner Lewis Charlene L $114,695
Previous Owner Lewis David R $59,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $155,000 +43.5% $85 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $108,000 -- $59 / 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 $3,284 $339,700 $75,000 $264,700
2024 $3,284 $330,800 $70,000 $260,800
2023 $3,189 $316,200 $65,000 $251,200
2022 $3,034 $325,800 $65,000 $260,800
2021 $2,436 $204,500 $35,000 $169,500
2020 $1,968 $159,000 $35,000 $124,000
2019 $1,556 $129,900 $23,500 $106,400
2018 $1,759 $126,200 $20,000 $106,200
2017 $1,569 $114,600 $20,000 $94,600
2016 $1,436 $102,600 $20,000 $82,600
2015 $2,012 $103,700 $20,000 $83,700
2014 -- $102,800 $20,000 $82,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201813231

Spokane Association of REALTORS®

APN: 35051.1022