NOT LISTED FOR SALE

Estimated Value: $278,000 - $339,000

5 Beds
2 Baths
1,964 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $325,000 $165 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,830/month

9 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • North Central High School Rated A-
  • Dining Room
  • Community Deck or Porch

About This Home

As of March 2022

BOM thru no fault of seller. Located minutes from Kendall Yards in Central Spokane is your next investment opportunity. This duplex has a great rental history. Newly remodeled lower unit features wheelchair accessibility, 962 ft' of cozy living space/dining area/kitchen, 2 bdrms, 1 bath, & W/D hkups just waiting for your next tenant. Last rented at $950. Upper unit is an occupied 3 bdrm 1 bath, 1002 ft', living room, kitchen/dining area, & W/D hkups Fully fenced backed yard with alley access.

Last Agent to Sell the Property

Monika Klennert

Professional Realty Services License #137441 Listed on: 02/12/2022

Professional Realty Services

Last Buyer's Agent

Jessica Friedland

Professional Realty Services License #108797

Professional Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,964 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Parking

  • Alley Access
  • Off-Street Parking

Schools

  • Audubon Elementary School
  • Glover Middle School
  • North Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35182.2002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,238

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenant's personal belongings
  • Year Built: 1950
  • Style Of Construction: 2 Story
  • Lvt Date: 02/12/2022
  • Common Interest Community: No
  • Geo Address Line: 1308 W Maxwell Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/20/2022 3:49:13 AM
  • Geo Zoom Level: 15
  • Sr High: North Central
  • Jr High: Glover
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 1964
  • Price Per Sq Ft: 165.48
  • Number of Stories: 2
  • Special Features: Mn Flr Util, Wood Wn Fr, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp
  • Features: Breakers
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Carport Size: 0
  • Garage Parking: Off St Prkg, Alley Access
  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Forced Air, El Wall Unit
  • Power Company: Avista
  • Water Company: City Spoka

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Gas Hot Wtr

Schools

  • School District: Spokane Dist 81
  • Elementary School: Audubon

Lot Info

  • Acres Mol: 0.18
  • Estimated Lot Sq Ft: 7841
  • Loc Dir E W: W
  • Loc Numberblk E W: 13
  • Lot Information: Fncd Bk Yd, Level, Bus Rt
  • Parcel Number: 35182.2002
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 15
  • Multiple Parcels: No

Tax Info

  • Taxes: 2238

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 22, 2022
Sold by
Network Properties Investments Llc
Bought by
Torphy Shannon M and Phillips Micheal J
Seller's Agent
Monika Klennert
Professional Realty Services
Buyer's Agent
Jessica Friedland
Professional Realty Services
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$309,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,642
Avg. Annual Appreciation
-1.28%
Original Mortgage
$227,500
Outstanding Balance
$212,558
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$96,800

Purchase Details

Closed on
Aug 4, 2020
Sold by
Glenn Rod C and Gjchs Living Trust
Bought by
Network Properties Investments Llc

Purchase Details

Listed on
Apr 8, 2020
Closed on
May 12, 2020
Sold by
Perkins Russell
Bought by
Glenn Rod C and Gjchs Living Trust
Seller's Agent
Jon Ehrlich
Coldwell Banker Tomlinson
Buyer's Agent
Monika Klennert
Professional Realty Services
List Price
$195,000
Sold Price
$201,000
Premium/Discount to List
$6,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$150,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2016
Closed on
Feb 6, 2017
Sold by
Clear Estate 19 Llc
Bought by
Perkins Russell
Seller's Agent
Chris Connelly
Windermere North
Buyer's Agent
Billy Deese
Deese Real Estate
List Price
$110,000
Sold Price
$75,000
Premium/Discount to List
-$35,000
-31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.06%

Purchase Details

Listed on
Sep 22, 2016
Closed on
Jan 31, 2017
Sold by
Carter Jerry M
Bought by
Clear Estate 19 Llc
Seller's Agent
Chris Connelly
Windermere North
Buyer's Agent
Billy Deese
Deese Real Estate
List Price
$110,000
Sold Price
$75,000
Premium/Discount to List
-$35,000
-31.82%

Purchase Details

Closed on
Dec 13, 1997
Sold by
Lindaman Cynthia A and Lindaman Brian E
Bought by
Dean John and Dean John E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torphy Shannon M -- First American Title
Network Properties Investments Llc -- None Available
Glenn Rod C $201,000 First American Title Ins Co
Perkins Russell -- Spokane County Title Company
Clear Estate 19 Llc $75,000 Ticor Title Company
Dean John -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torphy Shannon M $227,500
Previous Owner Glenn Rod C $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $325,000 0.0% $165 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $325,000 0.0% $165 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $325,000 +61.7% $165 / Sq Ft
05/15/2020 05/15/20 Sold $201,000 +3.1% $102 / Sq Ft View Prior Sale
04/10/2020 04/10/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $195,000 +160.0% $99 / Sq Ft
02/03/2017 02/03/17 Sold $75,000 -31.8% $37 / Sq Ft View Prior Sale
02/03/2017 02/03/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $110,000 -- $55 / Sq Ft
Source: Spokane Association of REALTORS®

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 $2,653 $269,500 $85,000 $184,500
2024 $2,653 $267,000 $75,000 $192,000
2023 $2,488 $272,000 $60,000 $212,000
2022 $2,238 $254,000 $50,000 $204,000
2021 $1,293 $108,100 $24,000 $84,100
2020 $1,195 $96,200 $24,000 $72,200
2019 $1,028 $85,600 $19,000 $66,600
2018 $1,185 $84,900 $19,000 $65,900
2017 $1,495 $109,200 $19,000 $90,200
2016 $1,439 $102,800 $19,000 $83,800
2015 $1,442 $100,800 $19,000 $81,800
2014 -- $98,800 $17,000 $81,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202211270

Spokane Association of REALTORS®

APN: 35182.2002