NOT LISTED FOR SALE

Estimated Value: $508,000 - $555,459

6 Beds
4 Baths
4,163 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $195,000 $47 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $3,321/month

102 Days on Market

Highlights

  • RV Access or Parking
  • Colonial Architecture
  • Oversized Lot
  • North Central High School Rated A-
  • Wood Flooring
  • Wood Frame Window

About This Home

As of September 2016

Great owner occupied, rental income opportunity. This Sherwood Addition duplex in North Central Spokane features a total of 6 Bd/5 Bath and 4,163 SF (+/-). South side unit is mn flr, scnd flr, and bsmt: 4 bdrms/2.5 bthrms. Second unit is 2 bdrm/1.5 bthrm. Built in 1907 and possesses all charms of that era. Highlights to include natural woodwork, hardwood floors, built in storage, covered porch, covered carport, and 2-car detached garage. Close to all amenities and nearby bus route; easy access to Downtown.

Last Agent to Sell the Property

Bernadette Pillar

Bernadette Pillar Real Estate License #25291 Listed on: 03/10/2016

Last Buyer's Agent

Patrick Kendrick

REAL Broker LLC License #23022863

REAL Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1907

Lot Details

  • 0.27 Acre Lot
  • Oversized Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • 1 Carport Space
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Colonial Architecture
  • Asbestos

Interior Spaces

  • 4,163 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Wood Frame Window
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Furnace
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 25141.0617

Community Details

Overview

  • 2 Units
  • Sherwood Addition Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,887

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1907
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Oversized Lot
  • Lot Size Acres: 0.27
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, See Remarks
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Subdivision Name: Sherwood Addition
  • Architectural Style: Colonial
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Wood Floor, Natural Woodwork, Windows Wood
  • Reso Structure Type: Two Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Rec/Family Area, Laundry, Walk-Out Access
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Asbestos

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Carport, Slab/Strip, RV Parking, Garage Door Opener, See Remarks
  • Total Parking Spaces: 2

Utilities

  • Heating: Gas Hot Air Furnace, Hot Water
  • NumberOfRanges: 3

Schools

  • Elementary School: Holmes ES
  • High School: North Central
  • Middle Or Junior School: Glover MS

Lot Info

  • Parcel Number: 25141.0617
  • Lot Size Sq Ft: 11895

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2887
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Aug 17, 2016
Sold by
Malone Patrick M and Malone Connie J
Bought by
Mccain Matthew D and Mccain Lindsey Marie
Seller's Agent
Bernadette Pillar
Bernadette Pillar Real Estate
Buyer's Agent
Patrick Kendrick
REAL Broker LLC
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Current Estimated Value
$529,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,615
Avg. Annual Appreciation
11.54%
Original Mortgage
$199,192
Outstanding Balance
$159,967
Interest Rate
3.43%
Mortgage Type
VA
Estimated Equity
$356,064
Source: Public Records

Range of Values:

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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
Mccain Matthew D $195,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccain Matthew D $199,192
Previous Owner Malone Patrick M $158,094
Previous Owner Malone Patrick M $13,920
Previous Owner Malone Patrick M $187,500
Previous Owner Malone Patrick M $100,000
Previous Owner Malone Patrick M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $195,000 -4.9% $47 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $205,000 -- $49 / 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 $5,226 $553,700 $65,000 $488,700
2024 $5,226 $527,100 $90,000 $437,100
2023 $4,353 $505,800 $90,000 $415,800
2022 $3,918 $445,200 $90,000 $355,200
2021 $3,337 $280,500 $34,500 $246,000
2020 $3,014 $244,000 $27,000 $217,000
2019 $2,577 $215,500 $27,000 $188,500
2018 $2,801 $201,300 $27,000 $174,300
2017 $3,064 $224,300 $27,000 $197,300
2016 $2,971 $212,800 $34,500 $178,300
2015 $2,887 $202,300 $34,500 $167,800
2014 -- $186,000 $55,000 $131,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201613475

Spokane Association of REALTORS®

APN: 25141.0617