NOT LISTED FOR SALE

Estimated Value: $397,000 - $626,000

4 Beds
4 Baths
3,770 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $247,000 $66 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,079/month

18 Days on Market

Highlights

  • Contemporary Architecture
  • Baseboard Heating
  • Level Lot
  • 2 Car Attached Garage
  • Community Deck or Porch
  • 1-Story Property

About This Home

As of November 2017

South Valley Duplex in popular area 1 block from Greenacres Elementary School. Tenant is on month to month lease in these 4 bed, 2 bath units. 2 beds and one bath on main level and 2 beds and one bath on lower level. Total rents $1750/mo. Great investment opportunity. Far below market rents.

Last Agent to Sell the Property

Cindy Carrigan

REAL Broker LLC License #21027304 Listed on: 08/16/2017

Last Buyer's Agent

Kortney McCune-Newton

Kelly Right Real Estate of Spokane License #128913

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Hardboard

Interior Spaces

  • 3,770 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Schools

  • Greenacres Middle School
  • Central Valley High School

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 55191.0802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,797

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.3
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Structure Type: Split Entry
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Daylight
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • Elementary School: Greenacres
  • High School: Central Valley
  • Middle Or Junior School: Greenacres

Lot Info

  • Parcel Number: 55191.0802
  • Lot Size Sq Ft: 12856

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2797
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 31, 2017
Sold by
Brien Stephen J O and Brien Lois M O
Bought by
Hughes Shane D
Seller's Agent
Cindy Carrigan
REAL Broker LLC
Buyer's Agent
Kortney McCune-Newton
Kelly Right Real Estate of Spokane
List Price
$240,000
Sold Price
$247,000
Premium/Discount to List
$7,000
2.92%
Current Estimated Value
$494,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,610
Avg. Annual Appreciation
9.77%
Original Mortgage
$242,526
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2009
Sold by
S & L Obrien Llc
Bought by
Obrien Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2007
Sold by
Wolff James A and Wolff Jackie D
Bought by
Obrien Stephen J and Obrien Lois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2003
Sold by
Wolff James A
Bought by
Wolff Jackie D

Purchase Details

Closed on
Jul 30, 2003
Sold by
Wolff Jackie D
Bought by
Wolff James A
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
Hughes Shane D $247,000 Ticor Title Company
Obrien Family Trust -- None Available
S & L Obrien Llc -- None Available
Obrien Stephen J $215,000 First American Title Ins
Wolff Jackie D -- Spokane County Title Co
Wolff James A -- First American Title Ins
Wolff James A $621,128 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Shane D $89,000
Open Hughes Shane D $240,000
Closed Hughes Shane D $242,526
Previous Owner Obrien Stephen J $131,300
Previous Owner S & L Obrien Llc $250,000
Previous Owner Obrien Stephen J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $247,000 +2.9% $66 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $240,000 -- $64 / 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 $4,605 $404,700 $110,000 $294,700
2024 $4,605 $396,200 $105,000 $291,200
2023 $4,218 $407,200 $105,000 $302,200
2022 $3,781 $401,700 $105,000 $296,700
2021 $3,683 $267,800 $65,000 $202,800
2020 $3,379 $247,100 $55,000 $192,100
2019 $3,032 $228,500 $50,000 $178,500
2018 $3,203 $202,800 $45,000 $157,800
2017 $2,980 $190,300 $45,000 $145,300
2016 $2,899 $178,800 $40,000 $138,800
2015 $2,799 $168,800 $30,000 $138,800
2014 -- $165,000 $30,000 $135,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201722988

Spokane Association of REALTORS®

APN: 55191.0802