NOT LISTED FOR SALE

Estimated Value: $220,000 - $332,000

3 Beds
2 Baths
1,078 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $50,000 $46 Per Sq Ft

Est. 459% increase in value since last sale

Current estimated payment $1,732/month

87 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit
  • Baseboard Heating
  • North Central High School Rated A-
  • Victorian Architecture
  • Laundry Facilities

About This Home

As of October 2015

Fantastic value for this DUPLEX. Upstairs unit needs TLC and the main floor is in great shape. Don't miss your chance to own this quality piece of real estate. This investor's dream won't last long.

Last Agent to Sell the Property

Romi Banna

Crane Real Estate Group License #94085 Listed on: 06/17/2015

Last Buyer's Agent

Pam Lyon

Windermere Real Estate/Cornerstone License #9131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 1907

Lot Details

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

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Free-Standing Range
  • Partially Finished Basement

Laundry

  • Dryer
  • Washer

Parking

  • Alley Access
  • Off-Site Parking
  • RV Access or Parking

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25131.4010

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,525

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fencing, Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Laundry, Storage
  • Co List Office Phone: 509-921-2121
  • MLS Status: Sold
  • Architectural Style: Victorian
  • Reso Structure Type: One and a Half Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: RV Parking, Off Site, Alley Access, None

Utilities

  • Heating: Electric, Baseboard

Lot Info

  • Parcel Number: 25131.4010
  • 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

Listed on
Jun 17, 2015
Closed on
Oct 8, 2015
Sold by
Carruthers Curt R
Bought by
Huang Hong and Huang Lihua Cui
Seller's Agent
Romi Banna
Crane Real Estate Group
Buyer's Agent
Pam Lyon
Windermere Real Estate/Cornerstone
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Current Estimated Value
$279,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,287
Avg. Annual Appreciation
19.06%

Purchase Details

Listed on
Dec 4, 2012
Closed on
Dec 26, 2012
Sold by
Rich Albion F
Bought by
Carruthers Kurt R
Seller's Agent
Doug Bullis
Professional Realty Services
Buyer's Agent
Romi Banna
Crane Real Estate Group
List Price
$45,000
Sold Price
$43,000
Premium/Discount to List
-$2,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Gehring Allen C
Bought by
Rich Albion F

Purchase Details

Closed on
Oct 21, 2004
Sold by
Gehring Rachel L
Bought by
Gehring Allen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1997
Sold by
Dussome Sharon
Bought by
Gehring Allen C

Purchase Details

Closed on
Sep 5, 1990
Sold by
Alhfar Property Management Inc
Bought by
Delker Timothy B and Delker Sharon C

Purchase Details

Closed on
Apr 1, 1984
Sold by
Jacobs Raymond E and Jacobs Blanche E
Bought by
Russell Wallace E and Russell Martha Jane
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Huang Hong $50,000 First American Title Ins Co
Carruthers Kurt R $43,280 Spokane County Title Co
Rich Albion F $79,000 First American Title Ins
Gehring Allen C -- First American Title Ins
Gehring Allen C -- --
Delker Timothy B -- Spokane County Title Co
Russell Wallace E $15,328 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gehring Allen C $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Sold $50,000 -8.9% $46 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $54,900 +27.7% $51 / Sq Ft
12/27/2012 12/27/12 Sold $43,000 -4.4% $40 / Sq Ft
12/27/2012 12/27/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $45,000 -- $42 / 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 $2,525 $252,600 $75,000 $177,600
2024 $2,525 $254,000 $75,000 $179,000
2023 $1,385 $242,200 $65,000 $177,200
2022 $954 $140,800 $50,000 $90,800
2021 $814 $67,700 $23,000 $44,700
2020 $660 $52,700 $18,000 $34,700
2019 $612 $50,700 $18,000 $32,700
2018 $662 $47,200 $18,000 $29,200
2017 $636 $46,200 $18,000 $28,200
2016 $808 $57,500 $18,000 $39,500
2015 $571 $39,600 $18,000 $21,600
2014 -- $39,200 $20,000 $19,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201519808

Spokane Association of REALTORS®

APN: 25131.4010