NOT LISTED FOR SALE

Estimated Value: $232,000 - $372,000

1 Bed
2 Baths
2,932 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $175,000 $60 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,782/month

52 Days on Market

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • 1 Car Detached Garage
  • North Central High School Rated A-
  • Separate Outdoor Workshop
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

Part of a Well-Performing Real Estate Portfolio near Downtown Spokane. Long-term tenants. Recent updating. Two single family homes resemble a duplex property and would be ideal for an in-law set up. One home owner-occupied until recently. Cash flows nicely. Proforma available upon request. Call today for more information.

Last Agent to Sell the Property

John Leland

Upward Advisors Brokerage Phone: 509-808-0302 License #50182 Listed on: 03/01/2016

Last Buyer's Agent

Elizabeth Hug

Upward Advisors License #26575

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1925

Lot Details

  • 6,660

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 2,932 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Rough in Bedroom

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace

Additional Features

  • Separate Outdoor Workshop
  • 6,660 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35181.3005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,834

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1925
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Attribution Contact: Phone: 509-808-0302
  • Co List Office Phone: 509-232-0824
  • MLS Status: Sold
  • Architectural Style: Rancher, Craftsman
  • Master Plan Zoning: CB150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2002

Interior Features

  • Basement: Full, Partially Finished, RI Bdrm, Rec/Family Area, Laundry
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick, Hardboard Siding
  • Other Structures: Workshop

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, RV Parking
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air, Hi Eff Furn (>90%)
  • Heating: Gas Hot Air Furnace, Forced Air, Hi Eff Furn (>90%)

Schools

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

Lot Info

  • Parcel Number: 35181.3005
  • Lot Size Sq Ft: 6660

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1834
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2016
Sold by
Legacy Properties Spokane Ii Llc
Bought by
Legacy Properties Spokane I Llc
Total Days on Market
52
Current Estimated Value
$287,211

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 9, 2016
Sold by
Burton Adam S and Ealy Ann Marie
Bought by
Legacy Properties Spokane Ii Llc
Seller's Agent
John Leland
Upward Advisors
Buyer's Agent
Elizabeth Hug
Upward Advisors
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Burton Terry L
Bought by
Burton Terry L and The Terry Lee Burton Living Trust

Purchase Details

Closed on
Jul 30, 2002
Sold by
Schoen Family L L C
Bought by
Burton Terry L
Source: Public Records

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Range of Values:

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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
Legacy Properties Spokane I Llc -- None Available
Legacy Properties Spokane Ii Llc $175,000 First American Title Ins Co
Burton Terry L -- None Available
Burton Terry L $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Terry L $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $175,000 -10.3% $60 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $195,000 -- $67 / 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
2024 $2,031 $204,130 $37,130 $167,000
2023 $1,888 $204,680 $43,880 $160,800
2022 $1,432 $192,380 $43,880 $148,500
2021 $1,275 $106,530 $23,630 $82,900
2020 $1,071 $86,130 $23,630 $62,500
2019 $905 $75,330 $23,630 $51,700
2018 $1,052 $75,330 $23,630 $51,700
2017 $1,033 $75,330 $23,630 $51,700
2016 $1,009 $71,230 $23,630 $47,600
2015 $940 $65,530 $23,630 $41,900
2014 -- $65,530 $23,630 $41,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201612954

Spokane Association of REALTORS®

APN: 35181.3005