NOT LISTED FOR SALE

1228 E Olympic Ave Spokane, WA 99207

Nevada Lidgerwood Neighborhood

Estimated Value: $308,000 - $337,000

3 Beds
2 Baths
1,884 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $900,000 $478 Per Sq Ft

Current estimated payment $1,935/month

Highlights

  • No HOA
  • Eat-In Kitchen
  • Bungalow
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2023

Pending before listing. The perfect investment opportunity! This home is being offered as part of a package of 4 single family homes in North Spokane with addresses at 1228 E Olympic, 218 E Princeton, 611 E Empire, and 2519 E Hoffman. These homes have been fantastic income producing properties for over a decade and are priced to move! Home are only to be sold as a package of 4, they CANNOT be sold individually. Please call your agent for more information on these homes and to book showings.

Last Agent to Sell the Property

Bryn Kimberly

Kelly Right Real Estate of Spokane License #130751 Listed on: 04/28/2023

Kelly Right Real Estate of Spokane

Last Buyer's Agent

Jack Gullette

Wedgewood Homes Realty II, LLC License #20109485

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Asbestos Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36324.1307

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1955
  • Lvt Date: 05/01/2023
  • Common Interest Community: No
  • Geo Address Line: 1228 E Olympic Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/1/2023 10:37:14 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 2
  • Bedrooms: 3
  • First Floor Bedrooms: 3
  • Basement: Full, Finished, Lndry
  • Basement: Yes
  • Design: Bungalow
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Primary Bedroom: 1st Flr

Exterior Features

  • Exterior: Asbestos
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: City of Sp

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6098
  • Lot Information: Fncd Bk Yd, Level, Bus Rt
  • Parcel Number: 36324.1307
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Additional Assessor Parcel Numbers: 35052.1103 35054.0403 35041.0213
  • Multiple Parcels: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Redwood Holdings Llc
Bought by
Hall Shane T and Hall Kimberly A
Current Estimated Value
$322,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,760
Outstanding Balance
$12,547
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$310,008

Purchase Details

Closed on
Nov 20, 2012
Sold by
Leeson Boyd L and Leeson Joan L
Bought by
Leeson Boyd Leroy and Leeson Joan Leslie

Purchase Details

Closed on
May 29, 2012
Sold by
Taylor Roderick S and Taylor Denise P
Bought by
Leeson Boyd L and Leeson Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,920
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2011
Sold by
Federal National Mortgage Association
Bought by
Taylor Roderick S and Taylor Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2011
Sold by
Smith Eugene C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 7, 2008
Sold by
Mccord Rick and Mccord Karen
Bought by
Smith Eugene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,797
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Leeson Family Trust and Leeson Boyd Leroy
Bought by
Redwood Holdings Llc
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
Hall Shane T $324,900 None Listed On Document
Leeson Boyd Leroy -- Spokane County Title Co
Leeson Boyd L $95,180 First American Title Ins Co
Taylor Roderick S -- First American Title Ins Co
Federal National Mortgage Association $119,538 Spokane County Title Co
Smith Eugene C $133,797 Pacific Nw Title
Redwood Holdings Llc $900,000 Vista Title And Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Shane T $12,760
Open Hall Shane T $319,014
Previous Owner Leeson Boyd L $75,920
Previous Owner Taylor Roderick S $56,700
Previous Owner Smith Eugene C $133,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2023 05/08/23 Sold $900,000 0.0% $478 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $900,000 +848.4% $478 / Sq Ft
08/02/2012 08/02/12 Sold $94,900 0.0% $50 / Sq Ft View Prior Sale
05/01/2012 05/01/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $94,900 -- $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 $2,999 $306,400 $70,000 $236,400
2024 $2,999 $268,600 $70,000 $198,600
2023 $2,586 $264,000 $60,000 $204,000
2022 $2,323 $264,000 $60,000 $204,000
2021 $1,965 $164,800 $32,000 $132,800
2020 $1,808 $146,000 $30,000 $116,000
2019 $1,491 $124,400 $22,000 $102,400
2018 $1,641 $117,700 $20,000 $97,700
2017 $1,447 $105,700 $20,000 $85,700
2016 $1,393 $99,500 $20,000 $79,500
2015 $1,319 $92,200 $20,000 $72,200
2014 -- $92,200 $20,000 $72,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bryn Kimberly

    Kelly Right Real Estate of Spokane

    Section Image

  • J

    Buyer's Agent in 2023

    Jack Gullette

    Wedgewood Homes Realty II, LLC

    Section Image

  • E

    Seller's Agent in 2012

    Eric Bessett

    HomeRiver Group

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202314675

Spokane Association of REALTORS®

APN: 36324.1307

Washington Spokane County Spokane 99207 Nevada Lidgerwood

1228 E Olympic Ave, Spokane, WA

Not Listed for Sale

Detached

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