NOT LISTED FOR SALE

Estimated Value: $406,027 - $636,000

4 Beds
4 Baths
2,232 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $164,000 $73 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,058/month

16 Days on Market

Highlights

  • Property is near public transit
  • 4 Car Attached Garage
  • Landscaped with Trees
  • Sacajawea Middle School Rated A-
  • Patio
  • Baseboard Heating

About This Home

As of June 2015

GREAT INVESTMENT DUPLEX WON'T LAST LONG AT THIS PRICE! Both units have: 2 bed, 2ish bathrooms (2 sinks, 2 toilets, 1 shared tub/shower) 1116 sq ft and they have washer/dryer, dishwasher, wood fireplace, deck/balcony, wall a/c units, dining area, 2 covered carport spaces & storage, low maintenance yard, ALWAYS RENTED, $1300 per month in rents now and could be increased. This property has been a great investment for the owners for over 20 years! You won't find another duplex within 1 mile less than $200,000!

Last Agent to Sell the Property

Dezda Finn

Dezda Finn Properties, LLC License #23993 Listed on: 04/23/2015

Last Buyer's Agent

Danielle LaBar

Touchstone Real Estate Group License #26095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,235

Year Built

  • Built in 1971

Lot Details

  • 6,624 Sq Ft Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Aluminum Window Frames

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • 4 Carport Spaces
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • 2 Units
  • Community Deck or Porch
  • Water Sewer Expense $2,022

Listing and Financial Details

  • Assessor Parcel Number 35321.0119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,235

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Treed, Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, Patio, None
  • Co List Office Phone: 509-368-9904
  • MLS Status: Sold
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Alum Wn Fr
  • Reso Structure Type: Two Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement YN: No
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Attached, Carport, Off Site
  • Total Parking Spaces: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 2022

Lot Info

  • Parcel Number: 35321.0119
  • Lot Size Sq Ft: 6624

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2235
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 14, 2015
Sold by
Baker William A and Baker Janice E
Bought by
Adams Bruce and Green Cheryl
Seller's Agent
Dezda Finn
Dezda Finn Properties, LLC
Buyer's Agent
Danielle LaBar
Touchstone Real Estate Group
List Price
$168,000
Sold Price
$164,000
Premium/Discount to List
-$4,000
-2.38%
Current Estimated Value
$518,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,507
Avg. Annual Appreciation
11.44%
Original Mortgage
$100,000
Outstanding Balance
$76,924
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$441,583
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
Adams Bruce $164,000 Inland Professional Title Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Bruce $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2015 06/01/15 Sold $164,000 -2.4% $73 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $168,000 -- $75 / 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 $4,159 $421,300 $80,000 $341,300
2024 $4,159 $419,200 $80,000 $339,200
2023 $3,570 $378,000 $50,000 $328,000
2022 $3,316 $364,900 $48,000 $316,900
2021 $2,935 $246,600 $40,000 $206,600
2020 $2,799 $226,500 $40,000 $186,500
2019 $2,288 $191,300 $36,000 $155,300
2018 $2,487 $178,700 $30,000 $148,700
2017 $2,219 $162,300 $30,000 $132,300
2016 $2,361 $169,000 $32,000 $137,000
2015 $2,457 $172,100 $32,000 $140,100
2014 -- $157,100 $25,000 $132,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201516358

Spokane Association of REALTORS®

APN: 35321.0119