NOT LISTED FOR SALE

14905 E 2nd Ave Spokane Valley, WA 99216

Estimated Value: $477,693 - $496,000

6 Beds
2 Baths
4,048 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $190,500 $47 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,993/month

46 Days on Market

Highlights

  • Fenced Yard
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Cul-De-Sac
  • 1-Story Property
  • Utility Room

About This Home

As of October 2017

Valley money maker! The duplex features two, 3 bedroom units with full basements. Both units are hooked up to the sewer and have carports. Excellent rental history. Located near mass transit and shopping. One unit has been completely updated the other has a long term tenant. If you want to start buying rentals this one can get you started!

Last Agent to Sell the Property

Mike Bass

CENTURY 21 Beutler & Associates License #50006 Listed on: 07/21/2017

Last Buyer's Agent

Dayna Chisum

Professional Realty Services License #74124

Professional Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1977

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Carport

Interior Spaces

  • 4,048 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Schools

  • Evergreen Middle School
  • Central Valley High School

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45231.3111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,481

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1977
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Cul-De-Sac
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, None
  • Co List Office Phone: 509-323-2100
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Interior Features: Utility Room
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Carport

Utilities

  • Heating: Electric, Forced Air

Schools

  • Elementary School: Adams
  • High School: Central Valley
  • Middle Or Junior School: Evergreen

Lot Info

  • Parcel Number: 45231.3111
  • Lot Size Sq Ft: 11348

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 29, 2017
Sold by
Stacy Kenneth C and Stacy Connie M
Bought by
Legrand Ethan and Legrand Dawn
Seller's Agent
Mike Bass
CENTURY 21 Beutler & Associates
Buyer's Agent
Dayna Chisum
Professional Realty Services
List Price
$189,900
Sold Price
$190,500
Premium/Discount to List
$600
0.32%
Current Estimated Value
$489,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,923
Avg. Annual Appreciation
12.12%
Original Mortgage
$142,875
Outstanding Balance
$119,469
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$369,954

Purchase Details

Closed on
Feb 3, 2010
Sold by
Stacy Kenneth C and Stacy Connie M
Bought by
Stacy Kenneth C and Stacy Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Stacy Kenneth C and Stacy Connie M
Bought by
Stacy Kenneth C and Stacy Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2002
Sold by
Stacy Kenneth C and Stacy Connie M
Bought by
Stacy Kenneth C and Stacy Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.51%

Purchase Details

Closed on
Aug 8, 2002
Sold by
Stacy Kenneth C and Stacy Connie M
Bought by
Stacy Kenneth C and Stacy Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Legrand Ethan $190,500 First American Title Ins Co
Stacy Kenneth C -- Pacific Northwest Title
Stacy Kenneth C -- Pacific Northwest Title
Stacy Kenneth C -- First American Title Ins
Stacy Kenneth C -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legrand Ethan $142,875
Previous Owner Stacy Kenneth C $99,000
Previous Owner Stacy Kenneth C $108,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2017 10/05/17 Sold $190,500 +0.3% $47 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $189,900 -- $47 / 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 $5,238 $491,500 $110,000 $381,500
2024 $5,238 $486,300 $100,000 $386,300
2023 $4,275 $458,500 $85,000 $373,500
2022 $4,154 $440,600 $80,000 $360,600
2021 $2,724 $214,800 $60,000 $154,800
2020 $2,363 $188,500 $55,000 $133,500
2019 $2,194 $182,600 $55,000 $127,600
2018 $2,719 $189,200 $47,500 $141,700
2017 $2,560 $181,200 $47,500 $133,700
2016 $2,473 $169,500 $47,500 $122,000
2015 $2,259 $151,700 $42,500 $109,200
2014 -- $151,700 $42,500 $109,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201721491

Spokane Association of REALTORS®

APN: 45231.3111