NOT LISTED FOR SALE

Estimated Value: $692,000 - $768,000

6 Beds
6 Baths
3,534 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $775,000 $219 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,612/month

139 Days on Market

Highlights

  • 2 Car Attached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Farwell Elementary School Rated A-
  • Dual Closets
  • Dining Room

About This Home

As of October 2023

New 2-story construction duplex in the Mead School district boasts 3 beds, 3 baths, over 1700 sqft, and a 2-car garage. This property has an open-concept floor plan, modern construction, spacious rooms with 9-foot ceilings on all levels, and high-end finishes throughout. Other features include durable LVP floors, granite counters, under-mount sinks, quality cabinets with soft-close drawers, a large pantry as well as a spacious primary bedroom with a full bathroom and 2 walk-in closets. All bedrooms offer large windows that provide natural light and ample space. Enjoy easy access to local shops, restaurants, and parks. Don't miss out on this fantastic opportunity to add to your rental portfolio.

Last Agent to Sell the Property

Dustin Cramer

Amplify Real Estate Services License #113010 Listed on: 03/03/2023

Amplify Real Estate Services

Last Buyer's Agent

Laura Zahn

Windermere North License #137262

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,727

Year Built

  • Built in 2022

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3,534 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Dual Closets
  • Primary Bathroom is a Full Bathroom

Schools

  • Brentwood Elementary School
  • Northwood Middle School
  • Mead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Available at Street
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36054.4209

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,727

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd
  • Class: Rental Income
  • Year Built: 2022
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 03/03/2023
  • Common Interest Community: No
  • Geo Address Line: 1017 E Farwell Rd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/3/2023 11:16:20 PM
  • Geo Zoom Level: 17
  • Sr High: Mead
  • Jr High: Northwood
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 3534
  • Price Per Sq Ft: 219.3
  • Number of Stories: 2
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: 1st Flr
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave, Pantry
  • Primary Bedroom: Dbl Clst, Full Bath, 2nd Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Fiber Cement
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Elec, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: Whitworth

Schools

  • School District: Mead
  • Elementary School: Brentwood
  • Middle School: Northwood
  • High School: Mead
  • School District: Mead
  • Elementary School: Brentwood

Lot Info

  • Acres Mol: 0.23
  • Estimated Lot Sq Ft: 10019
  • Parcel Number: 36054.4209
  • Site Improvements: Pub Wtr, Gas Avail-St
  • Multiple Parcels: No

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Oct 13, 2023
Sold by
Tdr Capital Llc
Bought by
Dowen Family 2006 Revocable Trust and Dowen
Seller's Agent
Dustin Cramer
Amplify Real Estate Services
Buyer's Agent
Laura Zahn
Windermere North
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Views
7
Current Estimated Value
$729,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,215
Avg. Annual Appreciation
-0.37%
Original Mortgage
$581,250
Outstanding Balance
$540,979
Interest Rate
6.52%
Mortgage Type
New Conventional
Estimated Equity
$228,664

Purchase Details

Closed on
Sep 9, 2021
Sold by
Arrington Jay D
Bought by
Tdr Capital Llc
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
Dowen Family 2006 Revocable Trust $775,000 None Listed On Document
Tdr Capital Llc $275,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowen Family 2006 Revocable Trust $581,250
Previous Owner Tdr Capital Llc $394,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $775,000 -3.0% $219 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $799,000 -3.2% $226 / Sq Ft
05/22/2023 05/22/23 For Sale $825,000 0.0% $233 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $825,000 -2.9% $233 / Sq Ft
03/03/2023 03/03/23 For Sale $850,000 -- $241 / 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 $7,727 $732,000 $115,000 $617,000
2024 $7,727 $753,000 $100,000 $653,000
2023 $6,558 $757,800 $80,000 $677,800
2022 $577 $704,000 $80,000 $624,000
2021 $541 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202312029

Spokane Association of REALTORS®

APN: 36054.4209