NOT LISTED FOR SALE

1108 E Montgomery Ave Spokane, WA 99207

Logan Neighborhood

Estimated Value: $222,000 - $296,000

2 Beds
1 Bath
1,150 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $149,900 $130 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,475/month

71 Days on Market

Highlights

  • Fenced Yard
  • Wood Frame Window
  • Bungalow
  • Lewis & Clark High School Rated A
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2017

Investors!! Gonzaga Multi family duplex gross. $1345 p/m rents . . Back unit approx 550 sq.ft. featuring 1 bed with loft/office and 1 car attached garage. Main floor laundry both units. All appliances stay.

Last Agent to Sell the Property

Richard Schmitz

Schmitz & Co., Realty LLC License #27737 Listed on: 04/21/2017

Co-Listed By

Balaji Srinivasulu

Schmitz & Co., Realty LLC License #122099

Last Buyer's Agent

Farrah Kaufman

Realty One Group Eclipse License #94146

Realty One Group Eclipse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1929

Lot Details

  • Fenced Yard
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Alley Access

Home Design

  • Bungalow

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Wood Frame Window
  • Utility Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 35084.1004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,116

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1929
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic
  • Road Frontage Type: Paved Road
  • Reso Association Amenities: Storage, See Remarks
  • Co List Office Mls Id: SAR369
  • Co List Office Phone: 509-324-8171
  • Co List Office Phone: 509-324-8171
  • MLS Status: Sold
  • Architectural Style: Bungalow
  • Reso Interior Features: Utility Room, Windows Wood, Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: No

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Alley Access

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Forced Air
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 35084.1004

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1116.23
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 11, 2017
Sold by
Pavani Vijayalakshmi
Bought by
White Monna Marie
Seller's Agent
Richard Schmitz
Schmitz & Co., Realty LLC
Buyer's Agent
Farrah Kaufman
Realty One Group Eclipse
List Price
$129,900
Sold Price
$149,900
Premium/Discount to List
$20,000
15.4%
Current Estimated Value
$272,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,250
Avg. Annual Appreciation
7.33%
Original Mortgage
$141,807
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2014
Sold by
Lilac City Properties Llc
Bought by
Montgomery Trust

Purchase Details

Closed on
Nov 23, 2013
Sold by
Srinivasulu Balaji and Pavani Vijayalakshmi
Bought by
Lilac City Properties Llc

Purchase Details

Closed on
Feb 6, 2012
Sold by
Lilac City Properties Llc
Bought by
Srinivasulu Balaji and Pavani Vijayalakshmi

Purchase Details

Closed on
Feb 8, 2006
Sold by
Srinivasulu Balaji and Pavani Vijayalakshmi
Bought by
Lilac City Properties Llc

Purchase Details

Closed on
Sep 26, 2005
Sold by
Hidy Michael
Bought by
Srinivasulu Balaji and Pavani Vijayalakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,995
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2001
Sold by
Dilliner Lynn M
Bought by
Hidy Michael S

Purchase Details

Closed on
Mar 24, 1999
Sold by
Lucia Joseph W
Bought by
Dilliner Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,700
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 1995
Sold by
Hasson Steve and Ellis Laural B
Bought by
Lucia Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,550
Interest Rate
9.28%
Mortgage Type
Purchase Money Mortgage
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
White Monna Marie $149,900 First American Title Ins Co
Montgomery Trust -- None Available
Lilac City Properties Llc -- None Available
Srinivasulu Balaji -- None Available
Lilac City Properties Llc -- None Available
Srinivasulu Balaji $109,950 Pacific Nw Title
Hidy Michael S -- --
Dilliner Lynn M $67,700 Pioneer Title Company
Lucia Joseph W $44,790 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Breckenridge Property Fund 2016 $0
Open White Monna Marie $136,559
Closed White Monna Marie $141,807
Previous Owner Srinivasulu Balaji $10,995
Previous Owner Srinivasulu Balaji $87,960
Previous Owner Dilliner Lynn M $67,700
Previous Owner Lucia Joseph W $36,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2017 07/13/17 Sold $149,900 +15.4% $130 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $129,900 -- $113 / 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 $297 $252,000 $75,000 $177,000
2024 $297 $244,900 $70,000 $174,900
2023 $2,500 $255,200 $65,000 $190,200
2022 $2,280 $255,200 $65,000 $190,200
2021 $2,076 $174,100 $25,000 $149,100
2020 $1,866 $150,700 $25,000 $125,700
2019 $1,621 $135,300 $23,000 $112,300
2018 $1,181 $84,600 $20,000 $64,600
2017 $1,116 $81,400 $20,000 $61,400
2016 $943 $67,200 $20,000 $47,200
2015 $962 $67,100 $20,000 $47,100
2014 -- $69,400 $20,000 $49,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201715054

Spokane Association of REALTORS®

APN: 35084.1004