NOT LISTED FOR SALE

Estimated Value: $285,000 - $358,000

4 Beds
2 Baths
2,216 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $155,000 $70 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,898/month

18 Days on Market

About This Home

As of March 2019

Centrally located duplex with fantastic rental history. 1 bdrm units with full basements in each unit, each with their own laundry. Hardwood floors and carpet. Gas furnaces, upgraded hot water heaters, insulated. Units are occupied; photos are file photos of when unit(s) were vacant. Vinyl windows all around. Brand new roof 2018. Longer term tenants.

Last Agent to Sell the Property

Bob Cooke

R.H. Cooke & Associates License #12404 Listed on: 02/01/2019

Last Buyer's Agent

Joel Elgee

Avalon 24 Real Estate License #27675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1943

Lot Details

  • 5,100 Sq Ft Lot

Parking

  • 600 Parking Spaces

Home Design

  • Shake Siding

Interior Spaces

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

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units
  • Water Sewer Expense $2,200

Listing and Financial Details

  • Assessor Parcel Number 35054.3210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,395

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Year Built: 1943
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-327-2282
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Laundry
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Shake Siding

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 600

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 2200

Lot Info

  • Parcel Number: 35054.3210
  • Lot Size Sq Ft: 5100

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1395
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 8, 2019
Sold by
Paul Richard L and Paul Brenda J
Bought by
Berger Zachary
Seller's Agent
Bob Cooke
R.H. Cooke & Associates
Buyer's Agent
Joel Elgee
Avalon 24 Real Estate
List Price
$155,000
Sold Price
$155,000
Total Days on Market
18
Current Estimated Value
$313,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,539
Avg. Annual Appreciation
11.95%
Original Mortgage
$116,250
Outstanding Balance
$103,229
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$210,310

Purchase Details

Closed on
Jun 5, 2006
Sold by
Smith Nicole G
Bought by
Paul Richard L and Paul Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 10, 2000
Sold by
Snyder Susan
Bought by
Smith Nicole G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,899
Interest Rate
7.96%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Berger Zachary $155,000 First American Title Ins Co
Paul Richard L $100,000 Stewart Title Of Spokane
Smith Nicole G $66,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Zachary $116,250
Previous Owner Paul Richard L $88,200
Previous Owner Paul Richard L $100,000
Previous Owner Paul Richard L $80,000
Previous Owner Paul Richard L $20,000
Previous Owner Smith Nicole G $65,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $155,000 0.0% $70 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $155,000 -- $70 / 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
2024 $2,806 $282,400 $65,000 $217,400
2023 $2,377 $242,600 $60,000 $182,600
2022 $2,144 $242,600 $60,000 $182,600
2021 $1,855 $155,500 $25,000 $130,500
2020 $1,798 $145,200 $20,000 $125,200
2019 $1,248 $104,100 $20,000 $84,100
2018 $1,395 $100,000 $18,000 $82,000
2017 $1,284 $93,700 $18,000 $75,700
2016 $1,284 $91,700 $18,000 $73,700
2015 $1,238 $86,500 $18,000 $68,500
2014 -- $85,600 $18,000 $67,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201911325

Spokane Association of REALTORS®

APN: 35054.3210