$265,000
SOLD NOV 2, 2017
-- Bed
-- Bath
3,160 Sq Ft
5,625 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

4% Below List Price

64 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System
  • Sacajawea Middle School Rated A-
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of June 2021

Super location for this 1951 rancher style duplex on the lower south hill. Both units feature 2br/1ba on the main floor plus a full basement (non egress windows) with a bonus room and utilities including washer and dryer hookups. Two car detached garage, irrigation system and low maintenance landscaping. Rents are low for both the location and considering how strong the market is. Tenants pay for their own forced air gas heat, lights and hot water. Long term tenant is month to month at $650/m.

Last Agent to Sell the Property

Jay Overholser

SDS Realty, Inc. License #43093 Listed on: 08/30/2017

Last Buyer's Agent

Tim Tonani

John L Scott, Inc. License #119124

John L Scott, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1951

Lot Details

  • 5,625 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 3,160 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units
  • Water Sewer Expense $2,688

Listing and Financial Details

  • Assessor Parcel Number 35193.2313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,440

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1951
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-624-1019
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry
  • Reso Interior Features: Wood Floor
  • Reso Structure Type: One Story
  • Master Plan Zoning: RSF
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 2688

Lot Info

  • Parcel Number: 35193.2313
  • Lot Size Sq Ft: 5625

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2440
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 25, 2021
Sold by
Hovde Douglas E and Hovde Rachel L
Bought by
Hird William C
Seller's Agent
Tim Tonani
John L Scott, Inc.
Buyer's Agent
Kelli Johnson
Home Sales Spokane
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$554,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,451
Avg. Annual Appreciation
5.18%
Original Mortgage
$352,000
Outstanding Balance
$320,077
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$222,234

Purchase Details

Listed on
Aug 30, 2017
Closed on
Nov 1, 2017
Sold by
Uncles 3 Llc
Bought by
Hovde Douglas E and Hovde Rachel L
Seller's Agent
Jay Overholser
SDS Realty, Inc.
Buyer's Agent
Tim Tonani
John L Scott, Inc.
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%
Original Mortgage
$255,526
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2006
Sold by
Hoesly Richard A and Hoesly Anne I
Bought by
Uncles 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2004
Sold by
Silver Scott and Hoesly Richard A
Bought by
Uncles 3 Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
Hoesly Anne I
Bought by
Hoesly Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,270
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2002
Sold by
Phillips David W and Phillips Elizabeth
Bought by
Sampson Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,200
Interest Rate
7.08%
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 Type Sale Price Title Company
Warranty Deed $440,000 First American Title Ins Co
Warranty Deed $265,000 First American Title Ins Co
Quit Claim Deed -- Pacific Nw Title
Quit Claim Deed -- Pacific Nw Title
Quit Claim Deed -- Pacific Nw Title
Interfamily Deed Transfer -- Pacific Nw Title
Interfamily Deed Transfer -- Pacific Nw Title
Warranty Deed $151,000 Pacific Nw Title
Warranty Deed $105,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $74,000 Credit Line Revolving
Open $352,000 New Conventional
Previous Owner $242,738 VA
Previous Owner $255,526 VA
Previous Owner $41,300 Credit Line Revolving
Previous Owner $116,270 Purchase Money Mortgage
Previous Owner $100,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $440,000 -2.0% $139 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $449,000 +69.4% $142 / Sq Ft
11/02/2017 11/02/17 Sold $265,000 -3.6% $84 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $274,900 -- $87 / 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 $5,182 $509,300 $95,000 $414,300
2024 $5,182 $522,600 $95,000 $427,600
2023 $4,680 $529,100 $90,000 $439,100
2022 $3,904 $478,800 $80,000 $398,800
2021 $3,729 $313,600 $58,000 $255,600
2020 $3,555 $288,000 $58,000 $230,000
2019 $3,018 $252,500 $48,000 $204,500
2018 $2,493 $179,100 $40,000 $139,100
2017 $2,448 $179,100 $40,000 $139,100
2016 $2,440 $174,700 $38,000 $136,700
2015 $2,387 $167,200 $38,000 $129,200
2014 -- $159,100 $27,000 $132,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201723791

Spokane Association of REALTORS®

APN: 35193.2313