NOT LISTED FOR SALE

1418 E Dalton Ave Spokane, WA 99207

Bemiss Neighborhood

Estimated Value: $466,000 - $504,000

7 Beds
4 Baths
3,120 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $400,000 $128 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,982/month

6 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • Community Deck or Porch
  • Solid Surface Countertops
  • High Speed Internet
  • Fenced

About This Home

As of April 2021

Low maintenance duplex with great cash flow! This building is conveniently located two doors down from Gonzaga Prep in a great area. It had a major renovation in 2016-17, which included new kitchens, updated baths, new vinyl windows, new floor coverings, and more! The kitchens have beautiful solid wood shaker cabinets, granite countertops, and black appliances. The bathrooms are equally nice. Both units have full finished basements with family rooms, too! Unit 1418 is a 4 bedroom, 2 bath, and unit 1420 is a 3 bedroom, 2 bath with a larger family room. The basement bedrooms have egress windows, and both units have laundry hook-ups! Tenants pay all utilities, including water, sewer, and garage, in addition to the rent. Off street parking slab in back, plus parking is available on the street. Fenced front yard, and city lights views from the decks. Both units are rented, and an excellent property management company is in place. Contact listing broker for more details and with any questions!

Last Agent to Sell the Property

Timothy Ray

Kelly Right Real Estate of Spokane License #21262 Listed on: 02/12/2021

Co-Listed By

James Cote

Kelly Right Real Estate of Spokane License #120113

Last Buyer's Agent

Marilou Buan

EXIT Real Estate North License #42904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1980

Lot Details

  • 6,006 Sq Ft Lot
  • Fenced
  • Lot Has A Rolling Slope

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Territorial Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Parking

  • Alley Access
  • Off-Site Parking

Schools

  • Shaw Middle School
  • Rogers High School

Utilities

  • Baseboard Heating
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 35043.1202

Community Details

Overview

  • 2 Units
  • Riverview Addn Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,687

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fencing, Rolling Slope
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Deck, None
  • Co List Office Mls Id: SAR1036
  • Co List Office Phone: 509-489-7000
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Subdivision Name: Riverview Addn
  • Architectural Style: Rancher
  • Reso Interior Features: Windows Vinyl, Multi Pn Wn
  • Reso Structure Type: One Story
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry, See Remarks
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Hard Surface Counters
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Slab/Strip, Off Site, Alley Access

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • Elementary School: Bemiss
  • High School: Rogers
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35043.1202
  • Lot Size Sq Ft: 6006

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 2, 2021
Sold by
Meroshnik Roman S and Meroshnik Nadezhda F
Bought by
Mccue Sean and Mccue Farrin R
Seller's Agent
Timothy Ray
Kelly Right Real Estate of Spokane
Buyer's Agent
Marilou Buan
EXIT Real Estate North
List Price
$390,000
Sold Price
$400,000
Premium/Discount to List
$10,000
2.56%
Current Estimated Value
$491,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,566
Avg. Annual Appreciation
4.37%
Original Mortgage
$300,000
Outstanding Balance
$269,985
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$220,756

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 1, 2021
Sold by
Meroshnik Roman S and Meroshnik Nadezhda F
Bought by
Mccue Sean and Mccue Farrin R
Seller's Agent
Timothy Ray
Kelly Right Real Estate of Spokane
Buyer's Agent
Marilou Buan
EXIT Real Estate North
List Price
$390,000
Sold Price
$400,000
Premium/Discount to List
$10,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$269,985
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$220,756

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 27, 2016
Sold by
Meroshnik Nadezhda and Meroshnik Roman S
Bought by
Meroshnik Roman S
Seller's Agent
Eric Bessett
HomeRiver Group
Buyer's Agent
James Cote
Kelly Right Real Estate of Spokane
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.17%
Original Mortgage
$142,373
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2014
Sold by
Wilson Richard W and Wilson Fanny Arboleda
Bought by
Wilson Richard W

Purchase Details

Closed on
Sep 14, 2004
Sold by
Wilson Richard W and Wilson Fanny Arboleda
Bought by
Wilson Richard W and Wilson Fanny Arboleda

Purchase Details

Closed on
Jul 14, 2004
Sold by
Mcgivern James R and Mcgivern James M
Bought by
Wilson Richard W and Arboleda Fanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1996
Sold by
Howard David P and Howard Nancy L
Bought by
Mcgivern James R and Mcgivern James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
8.07%
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
Mccue Sean $400,000 Vista Title & Escrow Llc
Mccue Sean -- Vista Title And Escrow Llc
Meroshnik Roman S -- Inland Professional Title
Meroshnik Roman S $145,000 Inland Professional Title
Wilson Richard W -- None Available
Wilson Richard W -- --
Wilson Richard W $100,000 Spokane County Title Co
Mcgivern James R $83,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccue Sean $300,000
Closed Mccue Sean $300,000
Previous Owner Meroshnik Roman S $142,373
Previous Owner Wilson Richard W $80,000
Previous Owner Mcgivern James R $58,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2021 04/05/21 Sold $400,000 +2.6% $128 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $390,000 +169.0% $125 / Sq Ft
09/30/2016 09/30/16 Sold $145,000 -3.3% $46 / Sq Ft View Prior Sale
09/30/2016 09/30/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $150,000 -- $48 / 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 $4,943 $521,100 $90,000 $431,100
2024 $4,943 $498,500 $75,000 $423,500
2023 $4,185 $487,500 $70,000 $417,500
2022 $4,045 $428,000 $65,000 $363,000
2021 $2,687 $225,700 $35,000 $190,700
2020 $2,329 $188,300 $29,000 $159,300
2019 $2,021 $168,900 $23,500 $145,400
2018 $2,103 $151,000 $20,000 $131,000
2017 $1,972 $144,200 $20,000 $124,200
2016 $1,932 $138,200 $20,000 $118,200
2015 $1,542 $107,800 $20,000 $87,800
2014 -- $106,500 $20,000 $86,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Ray

    Seller's Agent in 2021

    Timothy Ray

    Kelly Right Real Estate of Spokane

    (509) 217-7823

    2 in this area

    78 Total Sales

    Timothy Ray
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    James Cote

    Kelly Right Real Estate of Spokane

    (509) 362-4977

    1 in this area

    12 Total Sales

    James Cote
    Section Image
  • Marilou Buan

    Buyer's Agent in 2021

    Marilou Buan

    EXIT Real Estate North

    (509) 995-5477

    1 in this area

    11 Total Sales

    Marilou Buan
    Section Image

  • E

    Seller's Agent in 2016

    Eric Bessett

    HomeRiver Group

    Section Image

  • A

    Buyer Co-Listing Agent in 2016

    Andrew Wright

    Professional Realty Services

    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202111463

Spokane Association of REALTORS®

APN: 35043.1202

Washington Spokane County Spokane 99207 Bemiss

1418 E Dalton Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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