$425,000
SOLD JUL 9, 2024
-- Bed
-- Bath
2,571 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

27 Days on Market

Highlights

  • City View
  • Craftsman Architecture
  • Asbestos
  • Sacajawea Middle School Rated A-
  • Forced Air Heating System

About This Home

As of July 2024

Large duplex on the South Hill! This up-down duplex is located right across the street from Rocket Bakery making it a great location for an investment property. The main unit has 2 bedrooms, 1 bathroom and a very large kitchen with an outside entry. The upstairs unit is a well laid out 1 bedroom, 1 bathroom with its own separate entry as well. In the basement is a large unfinished space making with shared laundry and lots of storage. Plenty of parking on this unit with 2 covered spaces under the carport and a third uncovered space for any guests or additional parking. This property has been fully rented for a while and would make for a great investment!

Last Agent to Sell the Property

Andrew Graham

Avalon 24 Real Estate License #135850 Listed on: 05/09/2024

Co-Listed By

Zac Scott

Avalon 24 Real Estate License #71486

Last Buyer's Agent

Rebecca Flaherty

John L Scott, Spokane Valley License #22011792

John L Scott, Spokane Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 1906

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Craftsman Architecture
  • Asbestos

Interior Spaces

  • 2,571 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Alley Access

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35193.2610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,863

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Co List Office Mls Id: SAR1587
  • Co List Office Phone: (509) 418-2546
  • Co List Office Phone: (509) 418-2546
  • MLS Status: Sold
  • Architectural Style: Craftsman
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished, Laundry
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Asbestos, Wood

Garage/Parking

  • Parking Features: Carport, Alley Access

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Lot Info

  • Parcel Number: 35193.2610
  • Lot Size Sq Ft: 4792

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 8, 2024
Sold by
Olson-Martini Family Living Trust and Olson Brian Joseph
Bought by
Youssef James and Hagen Carly
Seller's Agent
Andrew Graham
Avalon 24 Real Estate
Buyer's Agent
Rebecca Flaherty
John L Scott, Spokane Valley
List Price
$425,000
Sold Price
$425,000
Total Days on Market
27
Views
17
Current Estimated Value
$421,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,604
Avg. Annual Appreciation
-0.95%
Original Mortgage
$417,302
Outstanding Balance
$414,114
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$7,282

Purchase Details

Closed on
Mar 24, 2021
Sold by
Olson Brian Joseph and Martini Danielle Marie
Bought by
Olson Brian Joseph and Martini Danielle Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2020
Sold by
Olson Brian J and Martini Danielle M
Bought by
The Olson Martini Family Living Trust

Purchase Details

Closed on
Jun 23, 2017
Sold by
Sweet Keane
Bought by
Olson Brian J and Martini Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
West William G
Bought by
Sweet Keane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
Johnson Margarete R
Bought by
West William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2001
Sold by
Johnson Margarete
Bought by
Margarete Johnson Trust
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
Warranty Deed $425,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $215,000 First American Title Ins Co
Warranty Deed $163,000 Pacific Nw Title
Warranty Deed $127,510 Pacific Nw Title
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,302 FHA
Previous Owner $155,000 New Conventional
Previous Owner $161,250 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $130,400 Purchase Money Mortgage
Previous Owner $32,600 Stand Alone Second
Previous Owner $127,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $425,000 0.0% $165 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $425,000 -- $165 / 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 $3,863 $389,300 $75,000 $314,300
2023 $3,518 $397,900 $75,000 $322,900
2022 $3,121 $359,600 $60,000 $299,600
2021 $2,982 $250,600 $44,000 $206,600
2020 $2,934 $237,500 $44,000 $193,500
2019 $2,336 $195,300 $42,000 $153,300
2018 $2,289 $164,400 $35,000 $129,400
2017 $2,179 $159,400 $30,000 $129,400
2016 $2,149 $153,800 $28,000 $125,800
2015 $2,094 $146,600 $28,000 $118,600
2014 -- $145,600 $27,000 $118,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202415926

Spokane Association of REALTORS®

APN: 35193.2610