NOT LISTED FOR SALE

12121 E 4th Ave Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated Value: $481,000 - $648,000

5 Beds
3 Baths
2,412 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $188,000 $78 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $3,425/month

33 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • Separate Outdoor Workshop
  • Wood Flooring
  • Fenced Yard
  • 4 Car Garage

About This Home

As of July 2012

This is a Fannie Mae HomePath property. Approved for both HomePath & HomePath Mtg Renovation Financing! Offered "AS IS"! Classic all brick duplex rancher, tile roof, additional 2 car sep/garage & 2 bedroom heated bunk house next to pool. Oak hardwood floor throughout both units, brick fireplaces, family room, this is a great duplex, ideal for owner occupant that want there parents next door!

Last Agent to Sell the Property

Fritz Nichols

Windermere Manito, LLC License #20212 Listed on: 04/05/2012

Windermere Manito, LLC

Last Buyer's Agent

Bonnie Groller

First Look Real Estate License #SHARPBC187C

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1964

Lot Details

  • 0.48 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • In-Law or Guest Suite
  • 1-Story Property
  • Woodwork
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Utility Room
  • Wood Flooring
  • Dishwasher

Outdoor Features

  • In Ground Pool
  • Patio
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Radiant Ceiling
  • Furnace

Listing and Financial Details

  • Assessor Parcel Number 45211.2403

Community Details

Overview

  • 2 Units
  • Weldon Sub Division Subdivision

Additional Features

  • Community Deck or Porch
  • Water Sewer Expense $1,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,093

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1964
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Treed, Level, Corner Lot, Cul-De-Sac, Oversized Lot
  • Lot Size Acres: 0.48
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Inground Pool, Deck, Patio, None
  • Co List Office Phone: 509-747-1051
  • MLS Status: Sold
  • Subdivision Name: Weldon Sub-Division
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry
  • Reso Interior Features: Utility Room, Wood Floor, Natural Woodwork, Alum Wn Fr, In-Law Floorplan
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Pantry
  • Stories: 1

Exterior Features

  • Roof: Tile, See Remarks
  • Construction Type: Brick, See Remarks
  • Other Structures: Workshop, Shed(s), See Remarks

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Garage Door Opener, Workshop in Garage, Off Site, See Remarks, Oversized

Utilities

  • Cooling: See Remarks
  • Heating: Gas Hot Air Furnace, Electric, Radiant Ceiling, Ductless, See Remarks

Fee Information

  • Annual Water Sewer Expense: 1260

Lot Info

  • Parcel Number: 45211.2403
  • Lot Size Sq Ft: 20910

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3093
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2017
Sold by
Saxby Denise L
Bought by
Saxby Denise L and Blount Jason J
Current Estimated Value
$560,302

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jul 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Blount Dennis L
Seller's Agent
Fritz Nichols
Windermere Manito, LLC
Buyer's Agent
Bonnie Groller
First Look Real Estate
List Price
$189,900
Sold Price
$188,000
Premium/Discount to List
-$1,900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$130,000
Outstanding Balance
$90,034
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$470,268

Purchase Details

Closed on
Jun 6, 2011
Sold by
Stevens Vance T and Stevens Cynthia L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 8, 2004
Sold by
Blank Garry N
Bought by
Stevens Vance T and Stevens Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,150
Interest Rate
5.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Saxby Denise L -- Spokane County Title Company
Blount Dennis L -- Spokane County Title Co
Federal National Mortgage Association $195,785 Spokane County Title Co
Stevens Vance T $195,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blount Dennis L $130,000
Previous Owner Stevens Vance T $189,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2012 07/10/12 Sold $188,000 -1.0% $78 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $189,900 -- $79 / 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 $5,934 $574,500 $108,000 $466,500
2024 $5,934 $554,400 $90,000 $464,400
2023 $4,465 $465,600 $81,000 $384,600
2022 $4,002 $462,500 $69,000 $393,500
2021 $3,892 $311,000 $47,000 $264,000
2020 $3,522 $285,500 $45,000 $240,500
2019 $3,227 $273,100 $40,000 $233,100
2018 $3,634 $255,900 $30,000 $225,900
2017 $3,368 $241,300 $30,000 $211,300
2016 $3,303 $229,300 $30,000 $199,300
2015 $3,359 $229,300 $30,000 $199,300
2014 -- $219,900 $30,000 $189,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fritz Nichols

    Seller's Agent in 2012

    Fritz Nichols

    Windermere Manito, LLC

    (509) 455-8675

    Fritz Nichols
    Section Image

  • B

    Buyer's Agent in 2012

    Bonnie Groller

    First Look Real Estate

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201214373

Spokane Association of REALTORS®

APN: 45211.2403

Washington Spokane County Spokane Valley 99206 Opportunity

12121 E 4th Ave, Spokane Valley, WA

Not Listed for Sale

MultiFamily

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