NOT LISTED FOR SALE

Estimated Value: $229,000 - $292,000

2 Beds
2 Baths
1,420 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $210,000 $148 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,700/month

27 Days on Market

Highlights

  • Corner Lot
  • Wood Frame Window
  • Heating Available
  • Lewis & Clark High School Rated A
  • Laundry Facilities
  • 1-Story Property

About This Home

As of January 2021

Great investment opportunity in heart of Spokane. One entire side completely remodeled with new carpet, tile floors, new kitchen cabinets, quartz counters, fresh interior paint, Bathroom has also received a facelift and much more. Other unit has been well cared for. All new electric cadet heaters have been installed in both units. Both electrical panels have been updated. Covered breeze way gets the tenants out of the weather and works as a great outdoor covered patio. The yard is plenty big for both units and has a working sprinkler system. Live on one side and rent the other side. Great for a first investment!

Last Agent to Sell the Property

Jerry Hornberger

The Hornberger Group, LLC License #121381 Listed on: 10/23/2020

The Hornberger Group, LLC

Last Buyer's Agent

Jeff Hornberger

The Hornberger Group, LLC License #27912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Open Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 1 Parking Space
  • Off-Site Parking

Schools

  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35162.2801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,062

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Open Lot, Corner Lot
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Laundry
  • Co List Office Phone: 509-922-9250
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Interior Features: Windows Wood
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: No
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 1

Utilities

  • Heating: Electric, Ductless
  • NumberOfRanges: 2

Schools

  • Elementary School: Steven
  • High School: Lewis & Clark
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35162.2801
  • Lot Size Sq Ft: 6970

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2061.5
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 23, 2020
Sold by
Worthwhile Home Solutions Llc
Bought by
Clark Jeremy J
Seller's Agent
Jerry Hornberger
The Hornberger Group, LLC
Buyer's Agent
Jeff Hornberger
The Hornberger Group, LLC
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$270,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,326
Avg. Annual Appreciation
5.22%
Original Mortgage
$147,000
Outstanding Balance
$131,775
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$134,322

Purchase Details

Closed on
Jun 19, 2020
Sold by
Santorsola James
Bought by
Worthwhile Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,715
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Clark Jeremy J $210,000 Wfg National Title Co
Worthwhile Home Solutions Llc $133,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Jeremy J $147,000
Previous Owner Worthwhile Home Solutions Llc $126,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $210,000 -6.7% $148 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $225,000 0.0% $158 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $225,000 0.0% $158 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $225,000 0.0% $158 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $225,000 -- $158 / 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 $2,855 $277,300 $80,000 $197,300
2024 $2,855 $287,400 $75,000 $212,400
2023 $2,729 $294,500 $75,000 $219,500
2022 $2,472 $278,700 $75,000 $203,700
2021 $2,157 $181,000 $30,400 $150,600
2020 $2,062 $166,600 $26,600 $140,000
2019 $1,877 $156,830 $16,630 $140,200
2018 $1,687 $121,050 $14,250 $106,800
2017 $1,522 $111,150 $14,250 $96,900
2016 $1,410 $100,750 $14,250 $86,500
2015 $1,291 $90,200 $15,000 $75,200
2014 -- $88,100 $15,000 $73,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202024031

Spokane Association of REALTORS®

APN: 35162.2801