NOT LISTED FOR SALE

1516 E Bismark Ave Spokane, WA 99208

Whitman Neighborhood

Estimated Value: $183,000 - $288,000

2 Beds
1 Bath
1,440 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $63,000 $44 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $1,464/month

26 Days on Market

Highlights

  • City View
  • Bungalow
  • 1-Story Property
  • Eat-In Kitchen
  • Landscaped with Trees
  • Community Deck or Porch

About This Home

As of January 2015

Great North East HUD Home. FHA Case #562-235938. This Large HUD Home Features - A Spacious Living Room, Large Kitchen Area, Full basement with storage area. Large back deck. Assessed 2 Bedrooms, 1 updated Bathroom. Insured w/ Escrow. Eligible for FHA 203K. Sold “AS IS”

Last Agent to Sell the Property

Seth Maefsky

Keller Williams Realty Coeur d License #25177 Listed on: 11/05/2014

Keller Williams Realty Coeur d

Co-Listed By

Michael Kiter

Keller Williams Realty Coeur d License #105020

Last Buyer's Agent

Kevin Mckee

EXIT Real Estate Professionals License #23078

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,250 Sq Ft Lot
  • Fenced Front Yard
  • Fenced
  • Level Lot
  • Landscaped with Trees

Home Design

  • Bungalow
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1-Story Property
  • City Views

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Partially Finished Basement

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

Utilities

  • Heating System Uses Oil

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 36332.1604

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1949
  • Geo Address Line: 1516 E Bismark Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/26/2015 8:33:50 PM
  • Geo Zoom Level: 15
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 720
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Full, Part Fin, Lndry
  • Basement: Yes
  • Design: Bungalow
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: Bsmt
  • Kitchen Appliances: Fr Stnd Rng

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Carport Size: 0
  • Garage Size: 0

Utilities

  • Heating/Cooling: Oil

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6250
  • Loc Dir E W: E
  • Loc Numberblk E W: 16
  • Loc Numberblks N S: 59
  • Estimated Lot Dimension Depth: 125
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Frt Yd, Treed, Level, Fenced
  • Lot View: City
  • Parcel Number: 36332.1604
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 36332.1604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
Jan 16, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Beach Shawn P
Seller's Agent
Seth Maefsky
Keller Williams Realty Coeur d
Buyer's Agent
Kevin Mckee
EXIT Real Estate Professionals
List Price
$60,000
Sold Price
$63,000
Premium/Discount to List
$3,000
5%
Current Estimated Value
$248,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,058
Avg. Annual Appreciation
13.32%
Original Mortgage
$50,400
Outstanding Balance
$38,647
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$209,411

Purchase Details

Closed on
May 19, 2014
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 21, 2010
Sold by
French Daren J and French Debra S
Bought by
Lynch Cassandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,039
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 1997
Sold by
Kafton Penny L and Dennis Helen F
Bought by
French Daren J and Stiles Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,690
Interest Rate
7.19%
Mortgage Type
FHA
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
Beach Shawn P -- Inland Professional Title &
The Secretary Of Housing & Urban Develop -- Spokane County Title Co
Wells Fargo Bank Na $72,090 Spokane County Title Co
Lynch Cassandra A $102,680 Pacific Northwest Title
French Daren J $54,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach Shawn P $50,400
Previous Owner Lynch Cassandra A $101,039
Previous Owner French Daren J $54,690
Closed French Daren J $2,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2015 01/23/15 Sold $63,000 +5.0% $44 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $60,000 -- $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 $2,010 $205,600 $70,000 $135,600
2024 $2,010 $202,000 $70,000 $132,000
2023 $1,965 $202,000 $70,000 $132,000
2022 $1,767 $200,300 $60,000 $140,300
2021 $1,481 $123,900 $36,000 $87,900
2020 $1,325 $106,700 $34,000 $72,700
2019 $1,064 $88,600 $20,000 $68,600
2018 $1,159 $83,000 $20,000 $63,000
2017 $1,022 $74,500 $20,000 $54,500
2016 $972 $69,300 $20,000 $49,300
2015 $1,006 $70,200 $20,000 $50,200
2014 -- $79,600 $20,000 $59,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Seth Maefsky

    Seller's Agent in 2015

    Seth Maefsky

    Keller Williams Realty Coeur d

    (509) 922-7355

    6 in this area

    456 Total Sales

    Seth Maefsky
    Section Image
  • Michael Kiter

    Seller Co-Listing Agent in 2015

    Michael Kiter

    Keller Williams Realty Coeur d

    (509) 720-3445

    53 Total Sales

    Michael Kiter
    Section Image

  • K

    Buyer's Agent in 2015

    Kevin Mckee

    EXIT Real Estate Professionals

    (509) 475-4002

    35 Total Sales

    Kevin Mckee
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201426643

Spokane Association of REALTORS®

APN: 36332.1604

Washington Spokane County Spokane 99208 Whitman

1516 E Bismark Ave, Spokane, WA

Not Listed for Sale

Detached

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