NOT LISTED FOR SALE

128 E Liberty Ave Spokane, WA 99207

Nevada Lidgerwood Neighborhood

Estimated Value: $299,000 - $312,000

3 Beds
2 Baths
1,700 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $158,500 $93 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,836/month

48 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Baseboard Heating

About This Home

As of October 2018

This north side duplex is available for purchase. Currently renting at $705 and $595 a month this property is undervalued. With vacancy rates in Spokane being so low, this is a great opportunity to adjust rents and build your equity instantly. Both units are well maintained with appliances included.

Last Agent to Sell the Property

Jonas Elber

RE/MAX of Spokane Brokerage Phone: 509-720-8330 License #96128 Listed on: 08/18/2018

Last Buyer's Agent

Alicia Rettstatt

Avalon 24 Real Estate License #119197

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 8,712

Home Design

  • Traditional Architecture
  • Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Free-Standing Range

Additional Features

  • 8,712 Sq Ft Lot
  • Property is near public transit
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35053.3507

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: City Bus (w/in 6 blks)
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Attribution Contact: Phone: 509-720-8330
  • Co List Office Phone: 509-922-3000
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: Two Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Electric, Baseboard

Lot Info

  • Parcel Number: 35053.3507
  • Lot Size Sq Ft: 8712

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Oct 2, 2018
Sold by
Swimming Cactus Llc
Bought by
Falteisek Brian J and Lenhart Amber D
Seller's Agent
Jonas Elber
RE/MAX of Spokane
Buyer's Agent
Alicia Rettstatt
Avalon 24 Real Estate
List Price
$140,000
Sold Price
$158,500
Premium/Discount to List
$18,500
13.21%
Current Estimated Value
$306,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,502
Avg. Annual Appreciation
9.46%
Original Mortgage
$155,628
Outstanding Balance
$137,810
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$168,192

Purchase Details

Closed on
Oct 28, 2009
Sold by
Laughery Austin and Laughery Bobbi
Bought by
Swimming Cactus Llc

Purchase Details

Closed on
Sep 15, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Laughery Austin and Laughery Bobbi

Purchase Details

Closed on
Jul 14, 2009
Sold by
Dehan Patrick J
Bought by
Federal Home Loan Mortgage Corp
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
Falteisek Brian J $158,500 First American Title Ins Co
Swimming Cactus Llc -- Pacific Northwest Title
Laughery Austin -- First American Title Ins Co
Federal Home Loan Mortgage Corp $102,133 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falteisek Brian J $155,628
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $158,500 +5.7% $93 / Sq Ft
08/24/2018 08/24/18 Price Changed $150,000 +7.1% $88 / Sq Ft
08/18/2018 08/18/18 For Sale $140,000 -- $82 / 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 $2,830 $293,900 $75,000 $218,900
2024 $2,830 $284,900 $70,000 $214,900
2023 $2,832 $279,900 $65,000 $214,900
2022 $2,588 $289,200 $65,000 $224,200
2021 $1,958 $164,200 $35,000 $129,200
2020 $1,828 $147,600 $35,000 $112,600
2019 $1,412 $117,800 $23,500 $94,300
2018 $1,516 $108,700 $20,000 $88,700
2017 $1,428 $104,300 $20,000 $84,300
2016 $1,436 $102,600 $20,000 $82,600
2015 $1,412 $98,700 $20,000 $78,700
2014 -- $97,200 $20,000 $77,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonas Elber

    Seller's Agent in 2018

    Jonas Elber

    RE/MAX of Spokane

    (509) 720-8330

    4 in this area

    133 Total Sales

    Jonas Elber
    Section Image
  • Alicia Rettstatt

    Buyer's Agent in 2018

    Alicia Rettstatt

    Avalon 24 Real Estate

    (208) 660-9364

    2 in this area

    41 Total Sales

    Alicia Rettstatt
    Section Image
  • Joel Elgee

    Buyer Co-Listing Agent in 2018

    Joel Elgee

    Avalon 24 Real Estate

    (509) 868-5264

    1 in this area

    312 Total Sales

    Joel Elgee
    Section Image

  • A

    Buyer Co-Listing Agent in 2018

    Andrew Stenberg

    eXp Realty, LLC

    (541) 490-0837

    1 in this area

    10 Total Sales

    Andrew Stenberg
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201823117

Spokane Association of REALTORS®

APN: 35053.3507

Washington Spokane County Spokane 99207 Nevada Lidgerwood

128 E Liberty Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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