NOT LISTED FOR SALE

Estimated Value: $469,000 - $669,000

8 Beds
5 Baths
4,000 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $325,000 $81 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,744/month

60 Days on Market

Highlights

  • RV Access or Parking
  • Fenced Yard
  • Oversized Lot
  • Radiant Floor
  • Separate Outdoor Workshop
  • 4 Car Attached Garage

About This Home

As of October 2018

Great opportunity to own a large duplex rancher in Spokane Valley neighborhood! One side has 4+ BRs/2.5 bths, the other side has 4 BRs/2bths. Same owner occupied since 1986, cosmetic updates needed but will make a GREAT owner occupied/investment property. Each side has attached 1 car garage, separate meters & forced air gas heating, Central AC, water & public sewer. Private fenced in backyard w/ sprinkler system. Some vinyl windows & fully wrapped in metal siding w/ newer gutters. Huge 20x48 heated shop!

Last Agent to Sell the Property

Julie Anne Young

RE/MAX Inland Empire Brokerage Phone: 509-844-1903 License #88777 Listed on: 08/23/2018

Last Buyer's Agent

Julie Anne Young

RE/MAX Inland Empire Brokerage Phone: 509-844-1903 License #88777 Listed on: 08/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,953

Year Built

  • Built in 1970

Lot Details

  • Fenced Yard
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • RV Access or Parking

Home Design

  • Metal Construction or Metal Frame

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Utility Room
  • Radiant Floor
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Evergreen Middle School
  • University High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Cable TV Available

Community Details

  • 2 Units
  • Chester Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45291.1525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,953

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1970
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Level, Oversized Lot
  • Road Frontage Type: City Street
  • Reso Association Amenities: Cable TV, None
  • Attribution Contact: Phone: 509-844-1903
  • Co List Office Phone: 509-922-3000
  • MLS Status: Sold
  • Subdivision Name: Chester Terrace
  • Architectural Style: Rancher
  • Reso Interior Features: Utility Room, Alum Wn Fr, Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Rec/Family Area
  • Appliances: Free-Standing Range, Dishwasher, Disposal
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Metal
  • Other Structures: Workshop

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, RV Parking, Workshop in Garage, Oversized

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air, Radiant Floor

Schools

  • Elementary School: University
  • High School: University
  • Middle Or Junior School: Evergreen

Lot Info

  • Parcel Number: 45291.1525

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2020
Sold by
Gate Real Estate Group Llc
Bought by
Cliby Paul Lee and Cliby Cheryl Ann
Current Estimated Value
$593,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Outstanding Balance
$98,055
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$494,633

Purchase Details

Listed on
Aug 23, 2018
Closed on
Oct 25, 2018
Sold by
Cram Anna Marie
Bought by
Gate Real Estate Group Llc
Seller's Agent
Julie Anne Young
RE/MAX Inland Empire
Buyer's Agent
Julie Anne Young
RE/MAX Inland Empire
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$255,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2006
Sold by
Cram Anna Marie
Bought by
Cram Anna Marie
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
Cliby Paul Lee -- Vista Title & Escrow
Gate Real Estate Group Llc $325,000 None Available
Cram Anna Marie -- Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cliby Paul Lee $109,200
Previous Owner Gate Real Estate Group Llc $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $325,000 -7.1% $81 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $349,900 -- $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 $5,953 $547,900 $100,000 $447,900
2024 $5,953 $554,800 $90,000 $464,800
2023 $4,801 $554,800 $90,000 $464,800
2022 $4,431 $496,900 $80,000 $416,900
2021 $4,353 $347,300 $55,000 $292,300
2020 $3,998 $323,700 $45,000 $278,700
2019 $2,796 $234,600 $40,000 $194,600
2018 $2,964 $206,800 $40,000 $166,800
2017 $3,108 $221,200 $40,000 $181,200
2016 $3,231 $209,000 $40,000 $169,000
2015 $3,039 $206,000 $37,000 $169,000
2014 -- $206,000 $37,000 $169,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201823345

Spokane Association of REALTORS®

APN: 45291.1525