NOT LISTED FOR SALE

1116 S Madison St Unit 1 Spokane, WA 99204

Cliff-Cannon Neighborhood

Estimated Value: $222,915 - $244,000

2 Beds
1 Bath
980 Sq Ft
1,307 Sq Ft Lot

Last Sold March 04, 2014

Last sale price $47,500 $48 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $1,464/month

44 Days on Market

Highlights

  • Window Unit Cooling System
  • Dining Room
  • Laundry Facilities
  • Sacajawea Middle School Rated A-
  • Baseboard Heating

About This Home

As of March 2014

1960's vintage condo in original condition, ready to be updated. Only 4 units in this building, unit includes one covered parking space.

Last Listed By

Todd Kavanagh

Coldwell Banker Schneidmiller License #25854 Listed on: 12/17/2013

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1966

Lot Details

  • 1,307

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Dining Room

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Roosevelt Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Available at Street
  • Sewer in Street

Additional Features

  • Hillside Location
  • Ground Level

Community Details

  • Madison Square Condos Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35193.5801

Property Details

Home Type

Condominium

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Sub Type: Condo
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1966
  • Zone: res
  • Geo Address Line: 1116 S Madison St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/5/2014 8:06:30 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Subdivision/Development: Madison Square Condos
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 980
  • Price Per Sq Ft: 48.47
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 980
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Fireplace: Masonry
  • Kitchen Appliances: Blt in R/O, D/W
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Brick
  • Roof: Comp

Garage/Parking

  • Carport Size: 1
  • Garage Parking: Carport
  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec, Basebd, Wind A/C
  • Power Company: Avista
  • Water Company: Spokane

Condo/Co-op/Association

  • Condo/PUD Features: Grnd Level, Comm Lndry

Schools

  • School District: Spokane Dist 81
  • Elementary School: Roosevelt
  • Middle School: Sacajawea
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Roosevelt

Lot Info

  • Acres Mol: 0.03
  • Estimated Lot Sq Ft: 1307
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 10
  • Loc Numberblks N S: 11
  • Lot Information: Hillside, Surveyed
  • Parcel Number: 35193.5801
  • Site Improvements: Pub Sewer, Swr Avail-St, Pub Wtr, Gas Avail-St

Tax Info

  • Taxes: 1259.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2016
Sold by
Jans Donald H
Bought by
Rainbow Reserves Llc
Total Days on Market
44
Current Estimated Value
$232,638

Purchase Details

Listed on
Dec 17, 2013
Closed on
Feb 20, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jans Donald H
Seller's Agent
Todd Kavanagh
Coldwell Banker Schneidmiller
Buyer's Agent
Michael Kiter
Keller Williams Realty Coeur d
List Price
$64,900
Sold Price
$47,500
Premium/Discount to List
-$17,400
-26.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 2, 2013
Sold by
Norwest Holdings Llc
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Apr 23, 2007
Sold by
Mckinney Robert L and Mckinney Deborah L
Bought by
Norwest Holdings Llc

Range of Values:

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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
Rainbow Reserves Llc $111,000 First American Title Ins Co
Jans Donald H -- First American Title Ins Co
Federal Home Loan Mortgage Corporation -- Spokane County Title Co
Ocwen Loan Servicing Llc -- Spokane County Title Co
Norwest Holdings Llc -- Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinney Robert L $113,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2014 03/04/14 Sold $47,500 -26.8% $48 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $64,900 -- $66 / 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 $1,939 $194,780 $31,280 $163,500
2023 $1,856 $194,780 $31,280 $163,500
2022 $1,756 $189,100 $25,600 $163,500
2021 $1,651 $138,250 $11,250 $127,000
2020 $1,469 $118,450 $11,250 $107,200
2019 $952 $79,250 $11,250 $68,000
2018 $1,071 $76,650 $11,250 $65,400
2017 $754 $54,850 $11,250 $43,600
2016 $868 $57,750 $11,250 $46,500
2015 $885 $61,650 $11,250 $50,400
2014 -- $88,750 $11,250 $77,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201327781

Spokane Association of REALTORS®

APN: 35193.5801