NOT LISTED FOR SALE

1508 W Sharp Ave Spokane, WA 99201

West Central Neighborhood

Estimated Value: $315,000 - $369,000

5 Beds
2 Baths
2,070 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $200,000 $97 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,100/month

13 Days on Market

Highlights

  • Victorian Architecture
  • Detached Garage
  • Shed
  • North Central High School Rated A-
  • Patio
  • Central Air

About This Home

As of November 2019

Wonderful Investment Close to downtown & close to Kendall Yards. This duplex offers a newer roof, new shatter proof vinyl windows, lower level with 3 bedrooms, 1 bath & upper level featuring a remodeled kitchen w/panty & kitchen island. There is more income to be made with the additional storage units in the back of the unit along with plenty of room to park. All appliances including washer & dryer stay on lower level.

Last Agent to Sell the Property

Teresa Jaynes

Windermere City Group License #91857 Listed on: 09/18/2019

Windermere City Group

Last Buyer's Agent

Bryan Crabbe

Keller Williams Spokane - Main License #133920

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1889

Lot Details

  • 7,050 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2,070 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Vinyl Clad Windows
  • Partially Finished Basement
  • Rough in Bedroom
  • Free-Standing Range

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 4 Carport Spaces
  • Alley Access
  • Off-Site Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Central Air
  • Heating Available
  • Gas Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 25131.2302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Year Built: 1889
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fencing, Level
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Gravel
  • Reso Association Amenities: Patio, Gas, See Remarks
  • Co List Office Phone: 509-323-2323
  • MLS Status: Sold
  • Architectural Style: Victorian
  • Reso Fireplace Features: Gas
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: Three Level
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Partial, RI Bdrm
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s), See Remarks

Garage/Parking

  • Parking Features: Detached, Off Site, Alley Access

Utilities

  • Cooling: Central Air
  • Heating: Electric

Schools

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

Lot Info

  • Parcel Number: 25131.2302
  • Lot Size Sq Ft: 7050

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1860.25
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Oct 29, 2019
Sold by
Borges Joanne
Bought by
Borges James R
Seller's Agent
Teresa Jaynes
Windermere City Group
Buyer's Agent
Bryan Crabbe
Keller Williams Spokane - Main
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$348,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,180
Avg. Annual Appreciation
9.75%
Original Mortgage
$150,000
Outstanding Balance
$132,093
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$216,087

Purchase Details

Listed on
Jun 5, 2017
Closed on
Sep 27, 2017
Sold by
Verhaeghe Eric and Verhaeghe Amy
Bought by
Hasselbach Scott and Hasselbach Jill
Seller's Agent
Mark Montgomery
John L Scott, Spokane Valley
Buyer's Agent
Teresa Jaynes
Windermere City Group
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Jun 1, 2005
Sold by
Parr Connie A
Bought by
Parr Randall K and Parr Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2004
Sold by
Parr John A
Bought by
Parr Randall K

Purchase Details

Closed on
Sep 19, 2002
Sold by
Boland Stephen D and Boland Barbara C
Bought by
Parr John A

Purchase Details

Closed on
May 8, 1995
Sold by
Gentry James W and Gentry Georgeina R
Bought by
Boland Stephen D and Boland Barbara C
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
Borges James R -- First American Title Ins Co
Borges Erik R -- First American Title Ins Co
Hardin Jeffrey M -- First American Title Ins Co
Borges Erik R $200,000 First American Title Ins Co
Hasselbach Scott $165,000 First American Title Ins Co
Parr Randall K -- Spokane County Title Co
Verhaeghe Eric $124,000 Spokane County Title Co
Parr Randall K -- --
Parr John A $40,800 --
Boland Stephen D -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borges Erik R $150,000
Previous Owner Verhaeghe Eric $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2019 11/15/19 Sold $200,000 -11.1% $97 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $225,000 +36.4% $109 / Sq Ft
10/19/2017 10/19/17 Sold $165,000 -10.8% $84 / Sq Ft View Prior Sale
09/06/2017 09/06/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $185,000 -- $94 / 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 $3,320 $332,200 $75,000 $257,200
2024 $3,320 $334,400 $75,000 $259,400
2023 $2,719 $322,700 $65,000 $257,700
2022 $2,570 $277,600 $50,000 $227,600
2021 $2,325 $195,100 $23,000 $172,100
2020 $1,991 $160,900 $18,000 $142,900
2019 $1,860 $155,400 $18,000 $137,400
2018 $1,542 $110,600 $18,000 $92,600
2017 $1,495 $109,200 $18,000 $91,200
2016 $1,529 $109,300 $18,000 $91,300
2015 $1,563 $109,300 $18,000 $91,300
2014 -- $89,400 $20,000 $69,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa Jaynes

    Seller's Agent in 2019

    Teresa Jaynes

    Windermere City Group

    (509) 714-5284

    100 Total Sales

    Teresa Jaynes
    Section Image
  • Bryan Crabbe

    Buyer's Agent in 2019

    Bryan Crabbe

    Keller Williams Spokane - Main

    (509) 209-0173

    1 in this area

    112 Total Sales

    Bryan Crabbe
    Section Image
  • Mark Montgomery

    Seller's Agent in 2017

    Mark Montgomery

    John L Scott, Spokane Valley

    (509) 481-8989

    133 Total Sales

    Mark Montgomery
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201923755

Spokane Association of REALTORS®

APN: 25131.2303

Washington Spokane County Spokane 99201 West Central

1508 W Sharp Ave, Spokane, WA

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