NOT LISTED FOR SALE

1204 E Olympic Ave Spokane, WA 99207

Nevada Lidgerwood Neighborhood

Estimated Value: $309,071 - $383,000

2 Beds
4 Baths
2,216 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2021

Last sale price $190,000 $86 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,079 / mo

10 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Forced Air Heating System
  • Ranch Style House
  • Fenced Yard
  • High Speed Internet

About This Home

As of January 2021

Looking for great rental opportunity? Why not live in one side and rent out the other? Each unit is 1 bed 1 bath with value add opportunity; nearly 550 sq ft of unfinished basement for each unit. Add another bedroom (or two), bathroom, laundry area and/or another family room; the possibilities are endless. Property also has a large, fenced back yard on a corner lot. Near bus routes, shopping, and schools...what's not to love? Get off the internet and call us to schedule your showing today!

Last Agent to Sell the Property

Billy Deese

Deese Real Estate License #27657 Listed on: 12/04/2020

Last Buyer's Agent

Angela Foote

Keller Williams Spokane - Main License #138116

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Ranch Style House

Interior Spaces

  • 2,216 Sq Ft Home
  • Territorial Views
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Utilities

  • Forced Air Heating System
  • Furnace
  • Gas Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 36324.1311

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Year Built: 1943
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Corner Lot
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Cable TV, Gas, High Speed Internet, Storage
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Lot Info

  • Parcel Number: 36324.1311
  • Lot Size Sq Ft: 6098

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Preston Turley
Bought by
Fernweh Investments Llc
Current Estimated Value
$340,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$280,892
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$58,876

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 21, 2021
Sold by
Sharp Kelsey S
Bought by
Turley Preston
Seller's Agent
Billy Deese
Deese Real Estate
Buyer's Agent
Angela Foote
Keller Williams Spokane - Main
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$230,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 20, 2021
Sold by
Home Place Northwest Llc
Bought by
Turley Preston
Seller's Agent
Billy Deese
Deese Real Estate
Buyer's Agent
Angela Foote
Keller Williams Spokane - Main
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jan 12, 2016
Sold by
Olsen Delores J and Olsen Richard H
Bought by
Home Place Northwest Llc
Seller's Agent
Joshua Orth
EXIT Real Estate North
Buyer's Agent
Jane Street
John L Scott, Inc.
List Price
$77,000
Sold Price
$67,500
Premium/Discount to List
-$9,500
-12.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Fernweh Investments Llc $282,000 American Title Inc
Turley Preston -- Spokane County Title Co
Turley Preston $190,000 Spokane County Title Co
Home Place Northwest Llc $67,500 None Available
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 Fernweh Investments Llc $300,000
Previous Owner Turley Preston $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $190,000 -2.6% $86 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $195,000 +188.9% $88 / Sq Ft
01/13/2016 01/13/16 Sold $67,500 -12.3% $30 / Sq Ft View Prior Sale
11/21/2015 11/21/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $77,000 -- $35 / Sq Ft
Source: Spokane Association of REALTORS®

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 $2,784 $289,900 $70,000 $219,900
2024 $2,784 $280,200 $70,000 $210,200
2023 $2,240 $228,500 $60,000 $168,500
2022 $2,206 $228,500 $60,000 $168,500
2021 $1,394 $116,600 $32,000 $84,600
2020 $1,315 $105,900 $30,000 $75,900
2019 $1,075 $89,600 $22,000 $67,600
2018 $1,128 $80,800 $20,000 $60,800
2017 $970 $70,700 $20,000 $50,700
2016 $960 $68,400 $20,000 $48,400
2015 $1,297 $90,600 $40,000 $50,600
2014 -- $90,600 $40,000 $50,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Deese

    Seller's Agent in 2021

    Billy Deese

    Deese Real Estate

    (509) 590-5603

    5 in this area

    67 Total Sales

    Billy Deese
    Section Image
  • Angela Foote

    Buyer's Agent in 2021

    Angela Foote

    Keller Williams Spokane - Main

    (509) 818-7233

    12 in this area

    163 Total Sales

    Angela Foote
    Section Image
  • Joshua Orth

    Seller's Agent in 2016

    Joshua Orth

    EXIT Real Estate North

    (509) 868-8924

    2 in this area

    22 Total Sales

    Joshua Orth
    Section Image

  • J

    Buyer's Agent in 2016

    Jane Street

    John L Scott, Inc.

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202025420

Spokane Association of REALTORS®

APN: 36324.1311

Washington Spokane County Spokane 99207 Nevada Lidgerwood

1204 E Olympic Ave, Spokane, WA

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.

Spokane Association of REALTORS® 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

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