NOT LISTED FOR SALE

Estimated Value: $314,000 - $357,000

1 Bed
2 Baths
1,533 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $84,266 $55 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $1,997/month

68 Days on Market

Highlights

  • RV Access or Parking
  • Den
  • Eat-In Kitchen
  • Ranch Style House
  • Oversized Lot
  • Building Patio

About This Home

As of December 2016

Great Location & Affordably Priced Spokane Valley Rancher on large level lot. Amazing Opportunity for First Time Home Buyer(s). Needs some repairs and updates. Master Bedroom on main floor with full bathroom nearby. Cozy Living Room, Little Country Charm to the Kitchen with a nice eat-in kitchen dining space. Bay Window Den off Kitchen at rear of home. Basement is approx. 3/4 with a 1/2 bathroom, non-egress bedroom and family room with Egress Window. Fully Fenced Yard with Garden Shed and Carport.

Last Agent to Sell the Property

Grace Chiquette

Stimulus Realty, LLC License #17228 Listed on: 08/25/2016

Last Buyer's Agent

Joel Elgee

Avalon 24 Real Estate License #27675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1945

Lot Details

  • 0.32 Acre Lot
  • Back and Front Yard Fenced
  • Oversized Lot
  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,533 Sq Ft Home
  • Dining Room
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 1 Carport Space
  • Workshop in Garage
  • Off-Street Parking
  • RV Access or Parking

Schools

  • Mcdonald Elementary School
  • North Pines Middle School
  • University High School

Additional Features

  • Storage Shed
  • Baseboard Heating

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 45222.0904

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,787

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1945
  • Lvt Date: 08/25/2016
  • Geo Address Line: 12908 E 4th Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 12/29/2016 7:06:43 PM
  • Geo Zoom Level: 15
  • Sr High: University
  • Jr High: North Pines
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1533
  • Price Per Sq Ft: 54.97
  • Bathrooms: 2
  • Bedrooms: 1
  • Estimated First Floor Sq Ft: 876
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Partial, Finished, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 657
  • Basement Percent: 3/4
  • Basement: Yes
  • Basement Bathrooms: 0.5
  • Basement Family Room: 1
  • Special Features: Wood Wn Fr, Alum Wn Fr, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr, Den or Office
  • Features: Breakers
  • Kitchen Appliances: Refrig
  • Primary Bedroom: Full Bath
  • Number of Family Rooms: 2

Exterior Features

  • Exterior: Wood
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Carport Size: 1
  • Garage Parking: Carport, RV Parking, Shop Area, Off St Prkg
  • Garage Size: 0

Utilities

  • Heating/Cooling: Basebd

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Central Valley
  • Elementary School: McDonald
  • Middle School: North Pines
  • High School: University
  • School District: Central Valley
  • Elementary School: McDonald

Lot Info

  • Acres Mol: 0.32
  • Estimated Lot Sq Ft: 14351
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 129
  • Loc Numberblks N S: 4
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Level, Open, Oversized
  • Parcel Number: 45222.0904
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 1787
  • Assessor Parcel Number: 45222.0904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 20, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Elgee Joel Michael
Seller's Agent
Grace Chiquette
Stimulus Realty, LLC
Buyer's Agent
Joel Elgee
Avalon 24 Real Estate
List Price
$89,000
Sold Price
$84,266
Premium/Discount to List
-$4,734
-5.32%
Current Estimated Value
$334,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,808
Avg. Annual Appreciation
16.96%
Original Mortgage
$63,199
Outstanding Balance
$52,873
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$281,202

Purchase Details

Closed on
Oct 14, 2016
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 14, 2015
Sold by
Torvik Heather M and Jensen Trevor M
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 19, 2008
Sold by
Martire Rachel A
Bought by
Torvik Heather M and Jensen Trevor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,098
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Durnen Michael R and Durnen Michael Shawn
Bought by
Martire Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,735
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2002
Sold by
Durnen Michael R
Bought by
Durnen Katherine A

Purchase Details

Closed on
Jun 13, 2002
Sold by
Durnen Katherine A
Bought by
Durnen Michael R
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
Elgee Joel Michael -- Ticor Title Company
Elgee Joel Michael -- Ticor Title Company
Secretary Of Housing & Urban Development -- Spokane County Title Company
Bank Of America Na $102,350 Spokane County Title Company
Torvik Heather M $143,975 Spokane County Title Co
Martire Rachel A $91,300 Transnation Title
Durnen Katherine A -- Pacific Nw Title
Durnen Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elgee Joel Michael $63,199
Previous Owner Torvik Heather M $142,098
Previous Owner Martire Rachel A $86,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $84,266 -5.3% $55 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $89,000 -- $58 / 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 $2,708 $256,100 $110,000 $146,100
2024 $2,708 $251,100 $105,000 $146,100
2023 $2,421 $255,000 $85,000 $170,000
2022 $2,497 $250,000 $80,000 $170,000
2021 $2,187 $174,000 $60,000 $114,000
2020 $1,997 $161,200 $55,000 $106,200
2019 $1,755 $147,800 $55,000 $92,800
2018 $1,882 $131,800 $50,000 $81,800
2017 $1,820 $129,800 $50,000 $79,800
2016 $1,787 $123,500 $50,000 $73,500
2015 $1,803 $122,500 $55,000 $67,500
2014 -- $111,800 $39,600 $72,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201623698

Spokane Association of REALTORS®

APN: 45222.0904