NOT LISTED FOR SALE

1218 W Euclid Ave Spokane, WA 99205

Emerson Garfield Neighborhood

Estimated Value: $326,531 - $446,000

3 Beds
2 Baths
3,300 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $340,560 $103 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,175/month

5 Days on Market

Highlights

  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Baseboard Heating
  • North Central High School Rated A-
  • Kitchen Island
  • High Speed Internet

About This Home

As of August 2024

Discover excellent cash flow potential in this northwest Spokane duplex/rancher with a full basement. The south unit, once owner-occupied, boasts upgrades like quartz counters, tile, LVP flooring, and a remodeled bathroom offering affordable luxury. Live in one unit and rent the other to assist with the mortgage, or capitalize on the Airbnb potential with Gonzaga, Downtown Spokane, and Riverside State Park all within 15 minutes. Each unit features 2 bedrooms and 1 bath on the main floor, a large kitchen with dining area, and a spacious living room plus a corner fireplace in the south unit. The full basement includes laundry, non-egress bedroom and potential for 2 full bedrooms, another bathroom and a family room, which would maximize rental income to $3,600 or more per month. With new exterior paint and staircases as of 2024, a 2-car carport and all appliances included, this property promises great upside rent potential.

Last Agent to Sell the Property

Ron McIntire

Choice Realty License #24248 Listed on: 06/26/2024

Choice Realty

Last Buyer's Agent

Brigette Murphy

Windermere City Group License #102062

Windermere City Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1978

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Shared Driveway
  • Off-Site Parking

Schools

  • North Central High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35063.4023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,634

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, High Speed Internet, None
  • Co List Office Phone: (509) 217-0200
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Windows Vinyl, Multi Pn Wn
  • Reso Structure Type: One Story
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Rec/Family Area, Laundry
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Kit Island, Washer, Dryer, Hard Surface Counters
  • Basement YN: Yes
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Carport, Off Site, Shared Driveway
  • Total Parking Spaces: 2

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • High School: North Central

Lot Info

  • Parcel Number: 35063.4023
  • Lot Size Sq Ft: 6000
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 5, 2024
Sold by
Richter Joseph Robert
Bought by
Hogan Tyler
Seller's Agent
Ron McIntire
Choice Realty
Buyer's Agent
Brigette Murphy
Windermere City Group
List Price
$350,000
Sold Price
$340,560
Premium/Discount to List
-$9,440
-2.7%
Views
21
Current Estimated Value
$369,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,823
Avg. Annual Appreciation
6.11%
Original Mortgage
$255,420
Outstanding Balance
$252,530
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$116,853

Purchase Details

Closed on
Jun 9, 2021
Sold by
Robert Richter Joseph and Robert Isabella
Bought by
Richter Joseph Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,888
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2018
Closed on
Sep 12, 2018
Sold by
Chapman Tysan M and Chapman Whitney R
Bought by
Richter Joseph R
Seller's Agent
Timothy Ray
Kelly Right Real Estate of Spokane
Buyer's Agent
Timothy Ray
Kelly Right Real Estate of Spokane
List Price
$164,950
Sold Price
$160,000
Premium/Discount to List
-$4,950
-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
12.21%
Original Mortgage
$160,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2009
Sold by
Chapman Tyson M
Bought by
Chapman Tyson M and Chapman Whitney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,826
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2007
Sold by
Dietz Donald N and Dietz Karyn D
Bought by
Chapman Tyson M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,001
Interest Rate
6.67%
Mortgage Type
FHA
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
Hogan Tyler $340,560 First American Title
Richter Joseph Robert -- Bc Law Firm Pa
Richter Joseph R $160,000 First American Title Ins Co
Chapman Tyson M -- Pacific Northwest Title
Chapman Tyson M $122,900 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Tyler $255,420
Previous Owner Richter Joseph Robert $184,888
Previous Owner Richter Joseph R $160,000
Previous Owner Chapman Tyson M $149,826
Previous Owner Chapman Tyson M $121,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Sold $340,560 -2.7% $103 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $350,000 +118.8% $106 / Sq Ft
09/18/2018 09/18/18 Sold $160,000 -3.0% $48 / Sq Ft View Prior Sale
09/05/2018 09/05/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $164,950 -- $50 / 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 $2,780 $320,100 $65,000 $255,100
2024 $2,780 $279,800 $55,000 $224,800
2023 $2,363 $271,500 $55,000 $216,500
2022 $2,182 $241,100 $55,000 $186,100
2021 $1,954 $163,800 $30,000 $133,800
2020 $1,859 $150,100 $25,000 $125,100
2019 $1,514 $126,400 $20,000 $106,400
2018 $1,468 $105,300 $17,000 $88,300
2017 $1,247 $91,000 $17,000 $74,000
2016 $1,233 $88,000 $17,000 $71,000
2015 $1,260 $88,000 $17,000 $71,000
2014 -- $82,300 $17,000 $65,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron McIntire

    Seller's Agent in 2024

    Ron McIntire

    Choice Realty

    (509) 951-7653

    3 in this area

    154 Total Sales

    Ron McIntire
    Section Image
  • Brigette Murphy

    Buyer's Agent in 2024

    Brigette Murphy

    Windermere City Group

    (509) 993-0969

    2 in this area

    36 Total Sales

    Brigette Murphy
    Section Image
  • Timothy Ray

    Seller's Agent in 2018

    Timothy Ray

    Kelly Right Real Estate of Spokane

    (509) 217-7823

    78 Total Sales

    Timothy Ray
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202418754

Spokane Association of REALTORS®

APN: 35063.4023

Washington Spokane County Spokane 99205 Emerson Garfield

1218 W Euclid Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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