Seller's Agent in 2022
Jeff Hornberger
The Hornberger Group, LLC
(509) 994-5007
6 in this area
130 Total Sales
11906 E Main Ave Unit 11902 Spokane Valley, WA 99206
Opportunity NeighborhoodEstimated Value: $444,465 - $572,000
7
Beds
5
Baths
5,412
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- City View
- 1 Car Attached Garage
- Building Patio
- 0.88 Acre Lot
- Eat-In Kitchen
- Forced Air Heating and Cooling System
About This Home
As of March 2022Looking for an investment property with immediate upside? These two parcels must be sold together and include 3 traditionally built duplexes and 1 larger converted duplex. The smaller duplexes feature 1 bedroom and 1 bath on each side. One bedrooms in this area are so popular being they are walking distance to bus routes and shopping. All units are ground level with only 1 step for entry. Projected rents with light rehab is $995/mo. Owner has increased some rents to $875 in as-is condition. Washer and dryer has been added to 4/6 1 bedroom units as well. All flat roofs have recently been replaced and have tons of life on them. The single family home was converted into a duplex. The upstairs unit is a 4 bedroom 3 bathroom with appx 1200 sqft and includes an attached 1 car garage. The basement unit has separate entrance and is a 2 bed 1 bath with appx 1000 sqft. Zoning in this area is corridor mixed use for those who may want a value add opportunity. All units have either a carport or covered garage.
Last Agent to Sell the Property
The Hornberger Group, LLC License #27912 Listed on: 01/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,476
Year Built
- Built in 1953
Lot Details
- 38,510 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
- T111 Siding
Interior Spaces
- 5,412 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- City Views
- Basement
Kitchen
- Eat-In Kitchen
- Free-Standing Range
Parking
- 1 Car Attached Garage
- 3 Carport Spaces
Schools
- Opportunity Elementary School
- North Pines Middle School
- University High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 45164.0589
Community Details
Building Details
- Insurance Expense $4,260
- Other Expense $900
- Water Sewer Expense $6,000
Additional Features
- 8 Units
- Building Patio
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2022
Closed on
Feb 22, 2022
Sold by
Bought by
Seller's Agent
Jeff Hornberger
The Hornberger Group, LLC
Buyer's Agent
Steve Jones
Windermere Valley
List Price
$980,000
Sold Price
$500,000
Premium/Discount to List
-$480,000
-48.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,116
Avg. Annual Appreciation
1.41%
Original Mortgage
$375,000
Outstanding Balance
$343,534
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$187,582
Purchase Details
Closed on
Jan 29, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 21, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 2, 2004
Sold by
Bought by
Purchase Details
Closed on
Aug 12, 1991
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | First American Title Ins Co | ||
| $285,000 | First American Title | ||
| $190,000 | First American Title Ins Co | ||
| -- | First American Title Ins Co | ||
| -- | -- | ||
| $98,848 | Pacific Nw Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $375,000 | ||
| Previous Owner | $70,000 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2022 03/07/22 | Sold | $500,000 | -49.0% | $92 / Sq Ft |
| 01/27/2022 01/27/22 | Pending | -- | -- | -- |
| 01/22/2022 01/22/22 | For Sale | $980,000 | -- | $181 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,165 | $467,000 | $120,000 | $347,000 |
| 2025 | $5,151 | $476,700 | $95,000 | $381,700 |
| 2024 | $5,151 | $476,490 | $171,990 | $304,500 |
| 2023 | $4,601 | $496,790 | $171,990 | $324,800 |
| 2022 | $2,117 | $461,460 | $71,660 | $389,800 |
| 2021 | $3,634 | $284,160 | $71,660 | $212,500 |
| 2020 | $3,333 | $263,960 | $71,660 | $192,300 |
| 2019 | $3,174 | $262,260 | $71,660 | $190,600 |
| 2018 | $2,370 | $160,160 | $71,660 | $88,500 |
| 2017 | $2,284 | $156,860 | $71,660 | $85,200 |
| 2016 | $3,026 | $204,600 | $86,000 | $118,600 |
| 2015 | $3,110 | $207,000 | $86,000 | $121,000 |
| 2014 | -- | $207,540 | $81,740 | $125,800 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hornberger
-
Steve Jones
Buyer's Agent in 2022
Steve Jones
Windermere Valley
(509) 951-9155
28 in this area
263 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202210653
APN: 45164.0589
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed reliable but not guaranteed.
Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 11928 E Sprague Ave
- 11904,11905,119 E Spruce Ln
- 423 N Union Ln
- 11723 E 4th Ave
- 515 N Fox Ln
- 11704 E Alki Ave
- 11822 E 6th Ave
- 12603 E Main Ave
- 12425 E Olive Ave
- 216 N Vercler Ln
- 12449 E Olive Ave Unit 49
- 12461 E Olive Ave Unit 61
- 12465 E Olive Ave Unit 65
- 11504 E Broadway Ave
- 11216 E 4th Ave
- 11321 E Springfield Ave
- 406 / 408 N Pierce Ln
- 412 / 414 N Pierce Ln
- 11212 E 4th Ave
- 420 / 422 N Pierce Ln
- 11905 E Sprague Ave
- 11813 E Sprague Ave
- 13401 E Sprague Ave
- 13500 E Sprague Ave
- 101 N Perrine Rd
- 9XX S Union Rd
- 11902 E Main Ave
- 105 N Perrine Rd
- 11906 E Main Ave
- 11822 E Main Ave
- 11818 E Main Ave
- 11812 E Main Ave
- 11916 E Sprague Ave
- 11802 E Main Ave
- 11802 E Main Ave Unit Mason Apartments
- 11808 E Main Ave
- 11924 E Sprague Ave
- 11722 E Main Ave
- 11811 E 1st Ave
- 18 S Union Rd Unit 5
Your Personal Tour Guide
Ask me questions while you tour the home.