NOT LISTED FOR SALE

1212 E Augusta Ave Spokane, WA 99207

Logan Neighborhood

Estimated Value: $375,838 - $466,000

4 Beds
2 Baths
3,456 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $126,500 $37 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $2,474/month

24 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Lewis & Clark High School Rated A
  • Patio
  • 3-minute walk to Mission Park

About This Home

As of December 2014

Well maintained, fully rented duplex with established renters. Each unit is 1,728 sq.ft. with 2 bedrooms, 2 baths. Additional non-egress bedrooms in both fully finished lower levels. Fully fenced back yard with large covered patio. 2 car detached garage with storage loft. Plenty of additional off-street parking and alley access. 10.5% Cap Rate. Great Investment Property! Close proximity to Gonzaga University.

Last Agent to Sell the Property

Dale Johnson

Windermere North License #105508 Listed on: 10/31/2014

Last Buyer's Agent

Ron McIntire

Choice Realty License #24248

Choice Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 7,100 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Shared Driveway
  • Off-Site Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Furnace
  • Gas Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Heath 5Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35084.4106

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1974
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Treed, Level
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Patio, Gas, High Speed Internet, See Remarks
  • Co List Office Phone: 509-467-6640
  • MLS Status: Sold
  • Subdivision Name: HEATH 5th
  • Architectural Style: Rancher
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Washer, Dryer
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick Partial, Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Site, Alley Access, Shared Driveway, Assigned
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Schools

  • Elementary School: Logan
  • High School: Lewis & Clark
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35084.4106
  • Lot Size Sq Ft: 7100

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Frahm Duplex Llc
Bought by
Frahm Richard A and Frahm Joanie M
Current Estimated Value
$414,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$300,448
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$114,012

Purchase Details

Listed on
Oct 31, 2014
Closed on
Nov 24, 2014
Sold by
Watson Teresa M
Bought by
Frahm Duplex Llc
Seller's Agent
Dale Johnson
Windermere North
Buyer's Agent
Ron McIntire
Choice Realty
List Price
$135,000
Sold Price
$126,500
Premium/Discount to List
-$8,500
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
Feb 13, 2001
Sold by
Abraham Virginia A
Bought by
Watson Teresa M
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

Date Buyer Sale Price Title Company
Frahm Richard A -- Wfg National Title Co Of Eas
Frahm Duplex Llc $126,500 First American Title Ins Co
Watson Teresa M $46,467 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frahm Richard A $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $126,500 -6.3% $37 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $135,000 -- $39 / 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 $3,861 $383,000 $75,000 $308,000
2024 $3,861 $389,100 $70,000 $319,100
2023 $3,502 $366,600 $65,000 $301,600
2022 $2,774 $357,900 $65,000 $292,900
2021 $2,498 $209,700 $25,000 $184,700
2020 $2,396 $193,800 $25,000 $168,800
2019 $1,926 $160,900 $23,000 $137,900
2018 $1,915 $137,500 $20,000 $117,500
2017 $1,745 $127,500 $20,000 $107,500
2016 $1,621 $115,900 $20,000 $95,900
2015 $1,811 $126,700 $20,000 $106,700
2014 -- $126,700 $20,000 $106,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201426448

Spokane Association of REALTORS®

APN: 35084.4106