NOT LISTED FOR SALE

Estimated Value: $307,000 - $378,000

3 Beds
2 Baths
1,762 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 24, 2014

Last sale price $50,000 $28 Per Sq Ft

Est. 560% increase in value since last sale

Current estimated payment $1,979/month

73 Days on Market

Highlights

  • Craftsman Architecture
  • 2 Car Detached Garage
  • Level Lot
  • North Central High School Rated A-
  • Woodwork
  • Heating Available

About This Home

As of September 2014

Sold as is, Cash or rehab financing only due to condition. 2 bed 1 bath on the main floor [ estimated rent 625 ] 1 bed 1 bath upstairs [ estimated rent 495] This property will need interior and exterior paint, flooring, bathroom updates, kitchen updates, and potentially roofing. Instant equity this property is tax assessed at $109,300.00. This property is eligible under the Freddie Mac First Look Initiative through ..July 17th 2014 ."

Last Agent to Sell the Property

Ryan Fuller

R.H. Cooke & Associates License #75716 Listed on: 06/27/2014

Last Buyer's Agent

Ryan Fuller

R.H. Cooke & Associates License #75716 Listed on: 06/27/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 6,011

Parking

  • 2 Car Detached Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,762 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Partially Finished Basement

Additional Features

  • Level Lot
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1903
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-327-2282
  • MLS Status: Sold
  • Architectural Style: Craftsman, Other
  • Reso Interior Features: Natural Woodwork
  • Reso Structure Type: One and a Half Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1955

Interior Features

  • Basement: Partial, Unfinished
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Electric

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1557
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2014
Closed on
Sep 9, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Phillips David and Phillips Denise
Seller's Agent
Ryan Fuller
R.H. Cooke & Associates
Buyer's Agent
Ryan Fuller
R.H. Cooke & Associates
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Current Estimated Value
$329,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,925
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Olsen Andrea M and Alford James M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 3, 2008
Sold by
Alford James M
Bought by
Olsen Andrea

Purchase Details

Closed on
Aug 3, 2004
Sold by
Gmac Mortgage Corp
Bought by
Alford James M and Olsen Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,910
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2003
Sold by
Hud
Bought by
Gmac Mortgage Corp

Purchase Details

Closed on
Jul 26, 2003
Sold by
Gmac Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Jul 26, 2002
Sold by
Nelson Eric J
Bought by
Gmac Mtg Corp

Purchase Details

Closed on
Nov 10, 1998
Sold by
Va
Bought by
Nelson Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,584
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1997
Sold by
Norwest Mtg Inc
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,795
Interest Rate
7.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 24, 1997
Sold by
Walker Jerrold S
Bought by
Norwest Mtg Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,795
Interest Rate
7.36%
Mortgage Type
Seller Take Back
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
Phillips David -- Spokane County Title Co
Federal Home Loan Mortgage Corporation $60,355 Spokane County Title Co
Olsen Andrea -- None Available
Alford James M $69,900 Spokane County Title Co
Gmac Mortgage Corp -- First American Title Ins
Hud -- First American Title Ins
Gmac Mtg Corp $68,500 First American Title Ins
Nelson Eric J -- Pioneer Title Company
Va -- Spokane County Title Co
Norwest Mtg Inc $59,225 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alford James M $62,910
Previous Owner Nelson Eric J $64,584
Previous Owner Norwest Mtg Inc $78,795
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Sold $50,000 -28.5% $28 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $69,900 -- $40 / 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 $2,659 $263,100 $65,000 $198,100
2024 $2,659 $267,600 $55,000 $212,600
2023 $2,435 $271,400 $55,000 $216,400
2022 $2,191 $248,500 $55,000 $193,500
2021 $2,000 $167,700 $30,000 $137,700
2020 $1,787 $144,300 $25,000 $119,300
2019 $1,554 $129,700 $20,000 $109,700
2018 $1,627 $116,700 $17,000 $99,700
2017 $1,441 $105,200 $17,000 $88,200
2016 $1,529 $109,300 $17,000 $92,300
2015 $1,563 $109,300 $17,000 $92,300
2014 -- $109,300 $17,000 $92,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201420177

Spokane Association of REALTORS®

APN: 35073.5912