NOT LISTED FOR SALE

119 W 2nd St Medical Lake, WA 99022

Estimated Value: $382,000 - $526,000

4 Beds
3 Baths
3,654 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $430,000 $118 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,717/month

19 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Community Deck or Porch
  • 2 Car Attached Garage
  • Dining Room
  • 2-minute walk to Coney Island Park

About This Home

As of August 2023

Discover a captivating 4-bed, 3-bath duplex in Medical Lake! This exquisite built in 2000 property showcases gas fireplaces in the living rooms, a large est. 1,827sqft footprint each side for plenty of space, in unit laundry, and a large 2-car garage. Easy to rent units are located close to the lake and Peper Park, with Amazon and FAFB only being a short drive away, there is tremendous rental upside to be had. The open-concept living space, high ceilings, and neutral tones evoke a welcoming atmosphere. Both bedrooms offer spaciousness with lots of storage area and easy access to a full bathroom. Living in Medical Lake brings an array of benefits, including the area's popularity, which drives strong rental demand and promises substantial returns. Enjoy the convenience of Medical lake waterfront park down the street, as well as seamless access to outdoor recreation opportunities like boating and fishing. Don't miss out on the chance to acquire a comfortable home to live in or a lucrative investment opportunity.

Last Agent to Sell the Property

Lawrence Wilson

Extant Realty License #137749 Listed on: 07/14/2023

Last Buyer's Agent

Rob Hudkins

REAL Broker LLC License #130977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 2000

Lot Details

  • 6,825 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,654 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Room
  • Partially Finished Basement
  • Laundry in Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 14182.2103

Community Details

Overview

  • 2 Units
  • Med Lk Subdivision

Additional Features

  • Community Deck or Porch
  • Water Sewer Expense $178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: any tenant owned items
  • Year Built: 2000
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 07/14/2023
  • Common Interest Community: No
  • Geo Address Line: 119 W 2nd St
  • Geo Primary City: Medical Lake
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/14/2023 4:52:13 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Subdivision/Development: Med Lk
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3654
  • Price Per Sq Ft: 117.68
  • Number of Stories: 1
  • Basement: Partial, Finished, Lndry
  • Basement: Yes
  • Special Features: Vinyl Wn Fr
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

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

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: Med Lake

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Medical Lake
  • School District: Medical Lake

Lot Info

  • Acres Mol: 0.15
  • Estimated Lot Sq Ft: 6825
  • Lot Information: Spr Sys, Level, Corner
  • Parcel Number: 14182.2103
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 3500
  • Assessor Parcel Number: 14182.2103

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
Jul 14, 2023
Closed on
Aug 16, 2023
Sold by
Wesley J Becker J and Wesley Phyllis J
Bought by
Rolling Investments Llc
Seller's Agent
Lawrence Wilson
Extant Realty
Buyer's Agent
Rob Hudkins
REAL Broker LLC
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Views
113
Current Estimated Value
$437,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,131
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Oct 19, 2006
Sold by
P & D Investments Llc
Bought by
Becker Wesley J and Becker Phyllis J

Purchase Details

Closed on
Aug 8, 2006
Sold by
Audett Patrick R and Audett Donna B
Bought by
P & D Investments Llc

Purchase Details

Closed on
May 17, 1999
Sold by
Distad Roger L and Distad Becky G
Bought by
Audett Patrick R and Audett Donna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 7, 1997
Sold by
Mcknown Robert R and Mcknow Martha A
Bought by
Distad Roger L and Distad Becky G
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
Rolling Investments Llc $430,000 Vista Title
Becker Wesley J $225,000 Transnation Title
P & D Investments Llc -- None Available
Audett Patrick R -- First American Title Ins
Distad Roger L $22,500 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Audett Patrick R $117,449
Previous Owner Audett Patrick R $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $430,000 -13.8% $118 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $499,000 -- $137 / 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 $4,019 $452,300 $70,000 $382,300
2024 $4,019 $430,900 $70,000 $360,900
2023 $3,501 $424,800 $65,000 $359,800
2022 $3,605 $416,800 $60,000 $356,800
2021 $3,671 $338,100 $25,000 $313,100
2020 $3,225 $308,500 $25,000 $283,500
2019 $2,572 $246,500 $25,000 $221,500
2018 $2,370 $209,600 $25,000 $184,600
2017 $2,251 $204,700 $25,000 $179,700
2016 $2,223 $194,200 $25,000 $169,200
2015 $2,299 $194,200 $25,000 $169,200
2014 -- $194,200 $25,000 $169,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202318818

Spokane Association of REALTORS®

APN: 14182.2103