NOT LISTED FOR SALE

Estimated Value: $341,000 - $384,696

4 Beds
2 Baths
2,304 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $225,800 $98 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,181/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • 2 Car Detached Garage
  • Lewis & Clark High School Rated A
  • Corner Lot
  • Building Patio

About This Home

As of October 2019

Centrally located Duplex sitting right on the river offers great opportunities! This 4 bed 2 bath home is situated where you can drop your kayak, canoe, and paddle-board right into the water. Separately metered, this corner lot home can be used as an investment or primary residence with an in-law suite or roommate.

Last Agent to Sell the Property

Phil Neumann

eXp Realty, LLC Branch License #129044 Listed on: 08/16/2019

eXp Realty, LLC Branch

Last Buyer's Agent

Terry Lipe

Coldwell Banker Tomlinson License #3223

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1931

Lot Details

  • 7,100 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Free-Standing Range

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Off-Street Parking
  • RV Access or Parking

Schools

  • Stevens Elementary School
  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Available at Street

Community Details

  • Building Patio
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35162.2214

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved, Gravel
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1931
  • Lvt Date: 08/16/2019
  • Common Interest Community: No
  • Geo Address Line: 1503 E Desmet Ave
  • Geo Primary City: Spokane
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/16/2019 9:21:50 PM
  • Geo Zoom Level: 18
  • Sr High: Lewis & Clark
  • Year Renovated: 2019
  • Jr High: Shaw
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2304
  • Price Per Sq Ft: 98
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 920
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Second Floor Estimated Sq Ft: 544
  • Second Floor Bedrooms: 1
  • Second Floor Bathrooms: 1
  • Basement: Full
  • Estimated Basement Sq Ft: 840
  • Basement: Yes
  • Basement Bedrooms: 1
  • Design: Traditional
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Primary Bedroom: Wlkin Clst

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking, Shop Area, Off St Prkg
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Deck, Patio

Schools

  • School District: Spokane Dist 81
  • Elementary School: Stevens
  • Middle School: Shaw
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Stevens

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 7100
  • Loc Dir E W: W
  • Loc Numberblk E W: 15
  • Loc Numberblks N S: 11
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Corner, Irreg, Fenced, Surveyed
  • Parcel Number: 35162.2214
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr, Gas Avail-St

Tax Info

  • Tax Database Id: 1
  • Taxes: 1755
  • Assessor Parcel Number: 35162.2214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 27, 2019
Sold by
Kelly Daniel E
Bought by
Lopez Marisol and Westfall Stephanie
Seller's Agent
Phil Neumann
eXp Realty, LLC Branch
Buyer's Agent
Terry Lipe
Coldwell Banker Tomlinson
List Price
$219,900
Sold Price
$225,800
Premium/Discount to List
$5,900
2.68%
Current Estimated Value
$360,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,374
Avg. Annual Appreciation
8.05%
Original Mortgage
$225,800
Outstanding Balance
$197,812
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$162,362

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 15, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Kelly Daniel E
Seller's Agent
Cindy Carrigan
REAL Broker LLC
Buyer's Agent
Cindy Carrigan
REAL Broker LLC
List Price
$89,900
Sold Price
$79,645
Premium/Discount to List
-$10,255
-11.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.89%

Purchase Details

Closed on
Jun 29, 2016
Sold by
Arquette Michael P and Arquette Marci J
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Sep 26, 2006
Sold by
Arquette Raymond F
Bought by
Arquette Michael P and Arquette Marci J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1996
Sold by
Mays Aila
Bought by
Arquette Raymond F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.98%
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
Lopez Marisol $225,800 First American Title Ins Co
Kelly Daniel E $79,615 Pioneer Title Company Of Wa
Bayview Loan Servicing Llc -- None Available
Arquette Michael P $119,000 First American Title Ins
Arquette Raymond F $62,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Marisol $225,800
Previous Owner Arquette Michael P $95,200
Previous Owner Arquette Raymond F $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2019 10/07/19 Sold $225,800 0.0% $98 / Sq Ft
08/26/2019 08/26/19 Price Changed $225,800 +2.7% $98 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $219,900 +176.1% $95 / Sq Ft
09/22/2016 09/22/16 Sold $79,645 -11.4% $35 / Sq Ft View Prior Sale
09/07/2016 09/07/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $89,900 -- $39 / 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 $3,246 $321,000 $80,000 $241,000
2024 $3,246 $326,900 $75,000 $251,900
2023 $3,199 $334,700 $75,000 $259,700
2022 $2,837 $326,900 $75,000 $251,900
2021 $2,582 $216,800 $32,000 $184,800
2020 $1,953 $157,800 $28,000 $129,800
2019 $1,755 $146,600 $17,500 $129,100
2018 $1,785 $128,100 $15,000 $113,100
2017 $1,626 $118,800 $15,000 $103,800
2016 $1,474 $105,300 $15,000 $90,300
2015 $1,463 $102,300 $15,000 $87,300
2014 -- $100,100 $15,000 $85,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201922034

Spokane Association of REALTORS®

APN: 35162.2214