NOT LISTED FOR SALE

Estimated Value: $302,000 - $372,000

4 Beds
2 Baths
1,600 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $185,000 $116 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,047/month

9 Days on Market

Highlights

  • City View
  • Separate Outdoor Workshop
  • Oversized Parking
  • North Central High School Rated A-
  • 2 Car Detached Garage
  • Patio

About This Home

As of March 2018

Completely Remodeled Duplex priced at the 1% GRM figure. This property features 2 units with 800 sqft 2 bedrooms 1 Bath on each side with a 24x24 fully insulated shop! W/D hook ups in each unit, bedrooms are good sized with big closets. Each unit has all new windows, carpet, kitchen cbts & stainless steal appliances, baseboard heaters, outlets & more! More features include, multiple gas hookups inside, dishwashers, separately metered, Prj gross rent of $1800, cap rate is over 8%, cash on cash is 15%.

Last Agent to Sell the Property

Jeff Hornberger

The Hornberger Group, LLC License #27912 Listed on: 02/09/2018

Co-Listed By

Jerry Hornberger

The Hornberger Group, LLC License #121381

Last Buyer's Agent

Mike Smith

Amplify Real Estate Services License #107237

Amplify Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1972

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Property Views

  • City
  • Territorial

Home Design

  • Metal Roof
  • Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Furnace
  • Baseboard Heating

Community Details

  • 2 Units
  • Water Sewer Expense $2,280

Listing and Financial Details

  • Assessor Parcel Number 25121.2313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,958

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1972
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fencing, Level
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City, Territorial
  • Reso Association Amenities: Patio, None
  • Co List Office Mls Id: SAR1331
  • Co List Office Phone: 509-922-9250
  • Co List Office Phone: 509-922-9250
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Construction Type: Siding
  • Other Structures: Workshop

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Oversized
  • Total Parking Spaces: 720

Utilities

  • Cooling: See Remarks
  • Heating: Gas Hot Air Furnace, Baseboard, See Remarks
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 2280

Schools

  • Elementary School: Audobon
  • High School: North Central
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 25121.2313
  • Lot Size Sq Ft: 6000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2018
Sold by
Bowen Christian and Bowen Katrina
Bought by
Remgrow Llc
Current Estimated Value
$338,345

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 16, 2018
Sold by
Hornberger Properties Llc
Bought by
Bowen Christian and Bowen Katrina
Seller's Agent
Jeff Hornberger
The Hornberger Group, LLC
Buyer's Agent
Mike Smith
Amplify Real Estate Services
List Price
$179,999
Sold Price
$185,000
Premium/Discount to List
$5,001
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Dec 18, 2017
Sold by
Hanley Ronald G
Bought by
Hornberger Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2001
Sold by
Hanley Ronald G and Hanley Colleen E
Bought by
Hanley Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.12%
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
Remgrow Llc -- None Available
Bowen Christian -- First American Title
Hornberger Properties Llc $105,287 None Available
Hanley Ronald G -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hornberger Properties Llc $110,500
Previous Owner Hornberger Properties Llc $110,500
Previous Owner Hanley Ronald G $30,000
Closed Bowen Christian $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $185,000 +2.8% $116 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $179,999 -- $112 / 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 $2,958 $335,200 $60,000 $275,200
2024 $2,958 $297,800 $58,000 $239,800
2023 $2,886 $297,800 $58,000 $239,800
2022 $2,607 $294,800 $55,000 $239,800
2021 $2,381 $199,900 $30,000 $169,900
2020 $2,235 $180,700 $28,000 $152,700
2019 $2,079 $173,700 $25,000 $148,700
2018 $1,734 $124,400 $20,000 $104,400
2017 $1,585 $115,800 $20,000 $95,800
2016 $1,429 $102,100 $20,000 $82,100
2015 $1,489 $104,100 $20,000 $84,100
2014 -- $102,000 $20,000 $82,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201811770

Spokane Association of REALTORS®

APN: 25121.2313