NOT LISTED FOR SALE

115 E 16th Ave Unit 117 Spokane, WA 99203

Cliff-Cannon Neighborhood

Estimated Value: $399,000 - $558,000

4 Beds
2 Baths
1,920 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $505,000 $263 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,140/month

1 Day on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Sacajawea Middle School Rated A-
  • Dining Room
  • Wood Siding

About This Home

As of April 2022

Attention Investors!!! This well maintained duplex is located on Spokane's South Hill across the street from Manito Park with tons of options for retail, restaurants, breweries, coffee houses, long walks, and an easy commute to downtown. Each side is 2 bed, 1 bath with 1 car garage per unit and cute backyard patios. The duplex has mature landscaping and a sprinkler system, gas forced air heat, central AC, in-unit washers and dryers, and the building is in excellent condition. Always a strong rental performer, this property has had few vacancies and leases quickly! Tons of potential for eventual owner occupied, AirBnB, or convenient multigenerational living that allows for privacy! Tenants are currently in residence so please do not disturb, call your agent for more information and a showing!

Last Agent to Sell the Property

Bryn Kimberly

Kelly Right Real Estate of Spokane License #130751 Listed on: 03/29/2022

Kelly Right Real Estate of Spokane

Last Buyer's Agent

Khalil Beznaiguia

Windermere Manito, LLC License #79117

Windermere Manito, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,845

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Dining Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35292.2611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,845

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1955
  • Style Of Construction: 1 Story
  • Lvt Date: 03/29/2022
  • Common Interest Community: No
  • Geo Address Line: 115 E 16th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/30/2022 5:02:08 AM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1920
  • Price Per Sq Ft: 263.02
  • Number of Stories: 1
  • Special Features: Mn Flr Util
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Fireplace: Masonry
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 2

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Shared Drv
  • Garage Size: 2
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: City of Sp

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: 0.15
  • Estimated Lot Sq Ft: 6534
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 1
  • Lot Information: Fncd Bk Yd, Spr Sys, Bus Rt
  • Parcel Number: 35292.2611
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 16
  • Multiple Parcels: No

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 12, 2022
Sold by
Ann Cole Debra
Bought by
Ktb Partners Lw
Seller's Agent
Bryn Kimberly
Kelly Right Real Estate of Spokane
Buyer's Agent
Khalil Beznaiguia
Windermere Manito, LLC
List Price
$494,500
Sold Price
$505,000
Premium/Discount to List
$10,500
2.12%
Current Estimated Value
$502,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,848
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Sep 1, 2016
Sold by
Gale Byron Dwayne
Bought by
Cole Debra Ann

Purchase Details

Closed on
Dec 30, 1996
Sold by
Oatney Richard F and Oatney Bernadine H
Bought by
Gale Byron D and Gale Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.53%

Purchase Details

Closed on
Aug 5, 1996
Sold by
Oatney Richard F and Oatney Bernadine H
Bought by
Oatney Richard F and Oatney Bernadine H
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
Ktb Partners Lw $505,000 None Listed On Document
Cole Debra Ann -- None Available
Gale Byron D $143,000 Spokane County Title Co
Oatney Richard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gale Byron D $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $505,000 +2.1% $263 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $494,500 -- $258 / 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 $4,845 $513,300 $100,000 $413,300
2024 $4,845 $488,500 $100,000 $388,500
2023 $4,307 $497,500 $100,000 $397,500
2022 $3,849 $440,500 $96,000 $344,500
2021 $3,217 $270,400 $80,000 $190,400
2020 $3,133 $253,700 $80,000 $173,700
2019 $2,823 $236,100 $72,000 $164,100
2018 $2,819 $202,600 $60,000 $142,600
2017 $2,511 $183,700 $50,000 $133,700
2016 $2,520 $180,400 $40,000 $140,400
2015 $2,174 $152,200 $25,000 $127,200
2014 -- $155,200 $28,000 $127,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202213024

Spokane Association of REALTORS®

APN: 35292.2611