NOT LISTED FOR SALE

1108 W Clay Ave Chewelah, WA 99109

Estimated Value: $700,980 - $939,000

-- Bed
-- Bath
7,362 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $620,000 $84 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,277/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Front Yard
  • Wood Siding
  • 4 Car Detached Garage
  • Level Lot

About This Home

As of October 2021

Hard to find 8 unit apartment complex located in quiet Chewelah neighborhood. Property consists of nearly 1/2 acre with 2 separate 4 unit buildings together with a detached garage building offering each unit private garage or storage space. Square footage noted does not include common areas and detached garage building. Total sqft including common areas and garage is 9616.

Last Agent to Sell the Property

Kenneth Barcus

RE/MAX Select Associates, Inc. License #18457 Listed on: 08/13/2021

RE/MAX Select Associates, Inc.

Last Buyer's Agent

Kenneth Barcus

RE/MAX Select Associates, Inc. License #18457 Listed on: 08/13/2021

RE/MAX Select Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1979

Lot Details

  • 0.47 Acre Lot
  • Fenced Front Yard
  • Level Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 0266400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,123

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1979
  • Style Of Construction: 2 Story
  • Lvt Date: 08/13/2021
  • Common Interest Community: No
  • Geo Quality: 1
  • Geo Update Timestamp: 8/13/2021 6:51:52 PM
  • Geo Zoom Level: 19
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number of Stories: 2
  • Basement: Crawl
  • Design: Traditional
  • Number of Ranges: 8
  • Number of Refrigerators: 8

Exterior Features

  • Exterior: Brick, Wood

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 4+
  • Number Garages: 8

Schools

  • School District: Chewelah
  • School District: Chewelah

Lot Info

  • Acres Mol: 0.47
  • Estimated Lot Sq Ft: 20473
  • Lot Information: Fncd Frt Yd, Level
  • Parcel Number: 0266400
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 11, 2021
Sold by
Hertzler Daniel and Hertzler Ruth
Bought by
Christian Aid Holdings Llc
Seller's Agent
Kenneth Barcus
RE/MAX Select Associates, Inc.
Buyer's Agent
Kenneth Barcus
RE/MAX Select Associates, Inc.
List Price
$649,000
Sold Price
$620,000
Premium/Discount to List
-$29,000
-4.47%
Current Estimated Value
$706,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,652
Avg. Annual Appreciation
2.09%
Original Mortgage
$415,000
Outstanding Balance
$381,711
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$289,569

Purchase Details

Closed on
Jun 25, 2021
Sold by
Hertzler Daniel and Hertzler Ruth
Bought by
Hertzler Daniel and Hertzler Ruth
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
Christian Aid Holdings Llc $620,000 Stevens County Title Co
Hertzler Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christian Aid Holdings Llc $415,000
Closed Community Restoration Llc $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $620,000 -4.5% $84 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $649,000 -- $88 / 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
2024 $5,123 $751,608 $49,250 $702,358
2023 $4,830 $700,488 $40,000 $660,488
2022 $4,677 $743,101 $40,000 $703,101
2021 $4,122 $472,351 $40,000 $432,351
2020 $3,996 $472,351 $40,000 $432,351
2019 $3,621 $460,939 $40,000 $420,939
2018 $3,639 $400,087 $40,000 $360,087
2017 $3,070 $364,335 $28,125 $336,210
2016 $2,884 $330,714 $28,125 $302,589
2015 -- $330,714 $28,125 $302,589
2013 -- $364,335 $28,125 $336,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202120544

Spokane Association of REALTORS®

APN: 0266400