NOT LISTED FOR SALE

1402 E Olympic Ave Spokane, WA 99207

Whitman Neighborhood

Estimated Value: $333,244 - $352,000

4 Beds
2 Baths
1,683 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $210,000 $125 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,071/month

40 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Baseboard Heating
  • Wood Frame Window
  • Landscaped with Trees
  • Utility Room

About This Home

As of December 2019

Low maintenance brick duplex on a corner lot! Both units are 2 bedroom, 1 bath, and offer about 840 sq ft each. New carpeting and flooring, fresh paint, updated appliances, and other repairs and upgrades just completed! Newer roof, too. Laundry inside each unit. Two car detached garage offers more income possibility. Tenants do not have access to the garage. Rents are below market. Month to month leases. Both units are rented with long term tenants. Fantastic opportunity!

Last Agent to Sell the Property

Timothy Ray

Kelly Right Real Estate of Spokane License #21262 Listed on: 10/22/2019

Last Buyer's Agent

Cody Kerr

Coldwell Banker Tomlinson License #127408

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1959

Lot Details

  • 5,950 Sq Ft Lot
  • Corner Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Off-Site Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,683 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Utility Room

Kitchen

  • Free-Standing Range
  • Microwave

Schools

  • Garry Middle School
  • Rogers High School

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 2 Units
  • Water Sewer Expense $3,112

Listing and Financial Details

  • Assessor Parcel Number 36333.3410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,712

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1959
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Treed, Corner Lot
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Interior Features: Utility Room, Windows Wood
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Free-Standing Range, Refrigerator, Microwave
  • Basement YN: No
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Site
  • Total Parking Spaces: 1050

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard, Ductless
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 3112

Schools

  • Elementary School: Whitman
  • High School: Rogers
  • Middle Or Junior School: Garry

Lot Info

  • Parcel Number: 36333.3410
  • Lot Size Sq Ft: 5950

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Jul 1, 2014
Sold by
Finch Brian A
Bought by
Gibbens Dennis Tracy and Gibbens Debra C
Seller's Agent
John Marie
St Marie Properties & Dev, LLC
Buyer's Agent
Timothy Ray
Kelly Right Real Estate of Spokane
List Price
$114,900
Sold Price
$111,500
Premium/Discount to List
-$3,400
-2.96%
Current Estimated Value
$342,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,811
Avg. Annual Appreciation
10.90%
Original Mortgage
$83,625
Outstanding Balance
$63,902
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$291,373

Purchase Details

Closed on
Dec 26, 2012
Sold by
Moorman William A
Bought by
Finch Brian A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gibbens Dennis Tracy $111,500 First American Title Ins Co
Finch Brian A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbens Dennis Tracy $83,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $210,000 -4.1% $125 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
11/15/2019 11/15/19 Price Changed $218,950 -4.8% $130 / Sq Ft
10/22/2019 10/22/19 For Sale $229,950 +106.2% $137 / Sq Ft
07/16/2014 07/16/14 Sold $111,500 -3.0% $66 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $114,900 -- $68 / 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 $3,152 $300,400 $75,000 $225,400
2024 $3,152 $317,400 $65,000 $252,400
2023 $3,237 $340,800 $70,000 $270,800
2022 $2,831 $330,800 $60,000 $270,800
2021 $2,442 $205,000 $35,000 $170,000
2020 $1,953 $157,800 $28,000 $129,800
2019 $1,712 $143,000 $22,500 $120,500
2018 $1,827 $131,100 $20,000 $111,100
2017 $1,520 $111,000 $20,000 $91,000
2016 $1,517 $108,400 $20,000 $88,400
2015 $1,449 $101,300 $20,000 $81,300
2014 -- $98,100 $20,000 $78,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Ray

    Seller's Agent in 2019

    Timothy Ray

    Kelly Right Real Estate of Spokane

    (509) 217-7823

    76 Total Sales

    Timothy Ray
    Section Image
  • Cody Kerr

    Buyer's Agent in 2019

    Cody Kerr

    Coldwell Banker Tomlinson

    (509) 944-5071

    59 Total Sales

    Cody Kerr
    Section Image

  • J

    Seller's Agent in 2014

    John Marie

    St Marie Properties & Dev, LLC

    (509) 990-9976

    15 Total Sales

    John Marie
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201925383

Spokane Association of REALTORS®

APN: 36333.3410

Washington Spokane County Spokane 99207 Whitman

1402 E Olympic Ave, Spokane, WA

This home is located at 1402 E Olympic Ave, Spokane, WA 99207 since 22 October 2019 and is currently estimated at $342,311, approximately $203 per square foot. This property was built in 1959. 1402 E Olympic Ave is a home located in Spokane County with nearby schools including Whitman Elementary School, Garry Middle School, and Rogers High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes