NOT LISTED FOR SALE

Estimated Value: $324,000 - $427,000

5 Beds
2 Baths
3,000 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $250,000 $83 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,259/month

19 Days on Market

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Territorial View
  • Sacajawea Middle School Rated A-
  • Property is near public transit
  • 3-minute walk to Grant Park

About This Home

As of October 2020

Perry District Victorian Craftsman fixer or investment special. Rare opportunity to purchase high yield rental property on the South Hill or AirB&B! Just what you've been looking for to increase value. Private driveway and room for a carport or garage in back. Can be converted back into a single family home. Three blocks to the Perry Street Market and one block to the "Grain Shed". Lower unit, (1200 sq ft.),has 3 bed 1 bath,DW,Washer,Dryer,gas fireplace,gas F/A heat,front and back porches,occupied by owner, and can rent for $1200+. Upper unit is 900.sq ft , has 2 bed 1 bath, DW, Washer,Dryer,gas freestanding fireplace and elec. heat.,front and back porches. Rents for $900, and for area can rent for more. Newer roof,furnace,hot water. Storage in basement w outside entrance.

Last Agent to Sell the Property

Catherine Spencer

Top Gold Realty License #50023 Listed on: 08/14/2020

Last Buyer's Agent

Hank Austin

Kelly Right Real Estate of Spokane License #122535

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced Yard
  • Open Lot
  • Perry District quiet Duplex! Fixer or investor special. Rents go up! Easy to rent

Home Design

  • Duplex
  • Craftsman Architecture
  • Victorian Architecture

Interior Spaces

  • In-Law or Guest Suite
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Zero Clearance Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Utility Room
  • Wood Flooring
  • Territorial Views
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Site Parking
  • RV Access or Parking

Schools

  • Sacajewea Middle School
  • Lewis & Clark High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Furnace
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 32504.1108

Community Details

Overview

  • 2 Units
  • Downers Add L7 B1 Subdivision

Amenities

  • Community Deck or Porch
  • Community Storage Space

Building Details

  • Water Sewer Expense $2,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Views, Fencing, Fenced Yard, Open Lot, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Cable TV, Deck, Patio, High Speed Internet, Storage, None
  • Co List Office Phone: 509-443-3393
  • MLS Status: Sold
  • Subdivision Name: Downers ADD L7 B1
  • Architectural Style: Victorian, Craftsman
  • Reso Fireplace Features: Zero Clearance, Gas, Insert
  • Reso Interior Features: Utility Room, Wood Floor, Natural Woodwork, In-Law Floorplan
  • Reso Structure Type: Duplex
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished, Walk-Out Access
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: RV Parking, Off Site
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas Hot Air Furnace, Electric, Forced Air, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 2200

Schools

  • Elementary School: Grant
  • High School: Lewis & Clark
  • Middle Or Junior School: Sacajewea

Lot Info

  • Parcel Number: 32504.1108
  • Lot Size Sq Ft: 6750
  • Additional Parcels Description: Perry District quiet Duplex! Fixer or investor special. Rents go up! Easy to rent
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 8, 2020
Sold by
Spencer Catherine L
Bought by
Powers Lee
Seller's Agent
Catherine Spencer
Top Gold Realty
Buyer's Agent
Hank Austin
Kelly Right Real Estate of Spokane
List Price
$290,000
Sold Price
$250,000
Premium/Discount to List
-$40,000
-13.79%
Current Estimated Value
$376,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,089
Avg. Annual Appreciation
8.04%
Original Mortgage
$207,400
Outstanding Balance
$184,135
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$191,954

Purchase Details

Closed on
Mar 28, 2005
Sold by
Spencer Robert A
Bought by
Spencer Catherine L

Purchase Details

Closed on
May 23, 2003
Sold by
Harwood Joseph D and Harwood Kristi A
Bought by
Spencer Robert A and Spencer Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Powers Lee $250,000 First American Title Ins
Spencer Catherine L -- Spokane County Title Co
Spencer Robert A $79,000 First American Title Ins
Spencer Robert A $79,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Lee $207,400
Previous Owner Spencer Robert A $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2020 10/21/20 Sold $250,000 -12.3% $83 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 Price Changed $285,000 -3.4% $95 / Sq Ft
08/23/2020 08/23/20 Price Changed $295,000 +1.7% $98 / Sq Ft
08/22/2020 08/22/20 For Sale $290,000 0.0% $97 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $290,000 -- $97 / 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 $3,675 $407,700 $95,000 $312,700
2024 $3,675 $370,230 $91,130 $279,100
2023 $3,429 $360,100 $81,000 $279,100
2022 $2,736 $350,430 $50,630 $299,800
2021 $2,480 $208,220 $39,220 $169,000
2020 $2,389 $193,200 $37,400 $155,800
2019 $1,727 $144,220 $34,020 $110,200
2018 $1,847 $132,550 $28,350 $104,200
2017 $1,639 $119,780 $24,980 $94,800
2016 $1,584 $113,200 $28,000 $85,200
2015 $1,576 $110,200 $25,000 $85,200
2014 -- $110,200 $25,000 $85,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202020584

Spokane Association of REALTORS®

APN: 35204.1108