$67,500
SOLD JAN 13, 2016

1204 E Olympic Ave Spokane, WA 99207

Nevada Lidgerwood Neighborhood
-- Bed
-- Bath
2,216 Sq Ft
5,950 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

12% Below List Price

45 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating System
  • Corner Lot

About This Home

As of January 2021

Investor alert! Property can provide immediate cash flow or be a great owner-occupied situation. Each unit in this Northside duplex is 1 bed, 1 bath with its own gas furnace and is separately metered. Full unfinished basement provides opportunity for expansion and increased income. Just a block away from bus route on Nevada. Over $10,000 below tax-assessed value!

Last Agent to Sell the Property

Joshua Orth

EXIT Real Estate North License #118768 Listed on: 10/07/2015

Last Buyer's Agent

Jane Street

John L Scott, Inc. License #118779

John L Scott, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 1943

Lot Details

  • 5,950 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Ranch Style House

Interior Spaces

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

Utilities

  • Forced Air Heating System
  • Furnace
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36324.1311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,784

Year Built

Built in 1943

Lot Details

0

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
  • Reso Association Amenities: Cable TV, None
  • Co List Office Phone: 509-466-4500
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: Yes

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 36324.1311
  • Lot Size Sq Ft: 5950

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

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%
Current Estimated Value
$317,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,021
Avg. Annual Appreciation
12.34%
Original Mortgage
$230,000
Outstanding Balance
$206,681
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,917

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
Outstanding Balance
$206,681
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,917

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:

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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 Type Sale Price Title Company
Quit Claim Deed -- Spokane County Title Co
Quit Claim Deed $190,000 Spokane County Title Co
Warranty Deed $67,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 Purchase Money Mortgage
Previous Owner $165,000 Unknown
Previous Owner $361,500 Commercial
Previous Owner $46,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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 $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

    12 in this area

    96 Total Sales

    Section Image
  • Angela Foote

    Buyer's Agent in 2021

    Angela Foote

    Keller Williams Spokane - Main

    (509) 818-7233

    12 in this area

    152 Total Sales

    Section Image
  • Joshua Orth

    Seller's Agent in 2016

    Joshua Orth

    EXIT Real Estate North

    (509) 868-8924

    1 in this area

    27 Total Sales

    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: 201525831

Spokane Association of REALTORS®

APN: 36324.1311

Washington Spokane County Spokane 99207 Nevada Lidgerwood

1204 E Olympic Ave, Spokane, WA

This home is located at 1204 E Olympic Ave, Spokane, WA 99207 and is currently priced at $67,500, approximately $30 per square foot. This property was built in 1943. 1204 E Olympic Ave is a home located in Spokane County with nearby schools including Whitman Elementary School, Garry Middle School, and Rogers High School.

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® 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.

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