NOT LISTED FOR SALE

Estimated Value: $471,258 - $559,000

6 Beds
2 Baths
3,352 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $209,000 $62 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,196/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Oversized Lot
  • Oversized Parking
  • Fenced Yard
  • 2 Car Attached Garage
  • Shed

About This Home

As of September 2016

Nice duplex in Sherwood Forest neighborhood in south Spokane Valley. Approx. 1,800 sq/ft. 3 bedrooms/1 full bath each side. Formal dining, eat in kitchen space, 2 family rooms, fully fenced backyards with auto sprinkler systems. Forced air gas heating. Central AC along with gas stoves in each unit. Each unit comes with attached over sized garage. Long term tenants, professionally managed.

Last Agent to Sell the Property

Julie Anne Young

RE/MAX Inland Empire Brokerage Phone: 509-844-1903 License #88777 Listed on: 08/25/2016

Last Buyer's Agent

Zac Scott

Avalon 24 Real Estate License #71486

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,011

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Siding

Kitchen

  • Free-Standing Range
  • Dishwasher

Outdoor Features

  • Shed

Schools

  • Bowdish Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Cable TV Available

Additional Features

  • Partially Finished Basement

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45203.1109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,011

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Level, Oversized Lot
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Deck, None
  • Attribution Contact: Phone: 509-844-1903
  • Co List Office Phone: 509-922-3000
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Structure Type: Split Entry
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Finished, Rec/Family Area, Walk-Out Access
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Oversized

Utilities

  • Cooling: Central Air
  • Heating: Gas Hot Air Furnace, Electric, Forced Air

Schools

  • Elementary School: Opportunity
  • High School: University
  • Middle Or Junior School: Bowdish

Lot Info

  • Parcel Number: 45203.1109
  • Lot Size Sq Ft: 12150

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 25, 2016
Closed on
Sep 21, 2016
Sold by
Marshall Alan F
Bought by
Nima Investments Llc
Seller's Agent
Julie Anne Young
RE/MAX Inland Empire
Buyer's Agent
Zac Scott
Avalon 24 Real Estate
List Price
$209,900
Sold Price
$209,000
Premium/Discount to List
-$900
-0.43%
Current Estimated Value
$524,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,065
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Jan 13, 2016
Sold by
Marshall Alan F and Marshall Sandra L
Bought by
Marshall Family Living Trust and Marshall Sandra L

Purchase Details

Closed on
Dec 14, 2005
Sold by
Stover Dennis F and Stover Marcella M
Bought by
Marshall Alan F and Marshall Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
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
Nima Investments Llc $209,000 First American Title Ins Co
Marshall Family Living Trust -- None Available
Marshall Alan F $230,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Alan F $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $209,000 -0.4% $62 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $209,900 -- $63 / 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 $5,011 $463,600 $110,000 $353,600
2024 $5,011 $464,500 $80,000 $384,500
2023 $4,254 $473,100 $80,000 $393,100
2022 $3,630 $438,400 $80,000 $358,400
2021 $3,528 $280,200 $45,000 $235,200
2020 $3,202 $257,800 $45,000 $212,800
2019 $2,814 $236,100 $35,000 $201,100
2018 $3,159 $220,800 $35,000 $185,800
2017 $2,952 $209,800 $35,000 $174,800
2016 $2,827 $194,600 $35,000 $159,600
2015 $2,816 $190,500 $25,000 $165,500
2014 -- $184,600 $25,000 $159,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201623651

Spokane Association of REALTORS®

APN: 45203.1109