NOT LISTED FOR SALE

1522 & 1524 E Bridgeport Ave Spokane, WA 99207

Bemiss Neighborhood

Estimated Value: $439,722 - $512,000

4 Beds
4 Baths
4,444 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $179,000 $40 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,946/month

90 Days on Market

Highlights

  • Corner Lot
  • Bay Window
  • Forced Air Heating System
  • 2 Car Attached Garage
  • Landscaped with Trees
  • Laundry Facilities

About This Home

As of April 2017

8% projected Cap rate, over $15,000 NOI including management fees. Built in 1995. Previously leased to family members and friends. Attached garage, corner lot, fenced all around. Spacious living room, open concept, large kitchen with eating bar & large dining room. Over 2200 ft.² per side including semi finished full basement and a laundry facility in each unit. Needs TLC & minor finish work. Perfect project for a handyman. Near Gonzaga prep HS, U district, downtown and Northtown mall shopping center.

Last Agent to Sell the Property

Marc Shapori

City Asset Group License #114672 Listed on: 12/14/2016

Last Buyer's Agent

Marc Shapori

City Asset Group License #114672 Listed on: 12/14/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1995

Lot Details

  • 6,009 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,444 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Bay Window
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating System
  • Furnace

Listing and Financial Details

  • Assessor Parcel Number 35043.1144

Community Details

Overview

  • 2 Units
  • North Half Subdivision

Additional Features

  • Laundry Facilities
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,036

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1995
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Treed, Level, Corner Lot, Fencing, Surveyed
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Laundry
  • Co List Office Phone: 509-323-2100
  • MLS Status: Sold
  • Subdivision Name: North Half
  • Reso Accessibility Features: Door Width 32 Inches or More
  • Architectural Style: Rancher
  • Reso Interior Features: Window Bay Bow, Windows Vinyl
  • Reso Structure Type: One Story
  • Master Plan Zoning: MF
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Partially Finished, Laundry
  • Appliances: Built-In Range/Oven, Dishwasher, Refrigerator, Disposal
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 1800

Schools

  • Elementary School: Bemiss
  • High School: Lewis & Clark
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35043.1144
  • Lot Size Sq Ft: 6009

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2036
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2016
Closed on
Apr 11, 2017
Sold by
Kennedy John and Kennedy John Lee
Bought by
Peck Llc
Seller's Agent
Marc Shapori
City Asset Group
Buyer's Agent
Marc Shapori
City Asset Group
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%
Current Estimated Value
$478,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,431
Avg. Annual Appreciation
11.36%
Original Mortgage
$134,000
Outstanding Balance
$112,297
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,678
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
Peck Llc $179,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peck Llc $134,000
Previous Owner Kennedy John $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $179,000 -5.3% $40 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $189,000 -- $43 / 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 $4,317 $513,800 $75,000 $438,800
2024 $4,317 $435,200 $70,000 $365,200
2023 $3,649 $425,000 $65,000 $360,000
2022 $3,338 $373,000 $60,000 $313,000
2021 $2,622 $220,200 $22,000 $198,200
2020 $2,364 $191,200 $22,000 $169,200
2019 $2,088 $174,500 $20,000 $154,500
2018 $2,189 $157,200 $18,000 $139,200
2017 $2,072 $151,500 $18,000 $133,500
2016 $2,043 $146,200 $18,000 $128,200
2015 $1,509 $140,800 $18,000 $122,800
2014 -- $139,000 $18,000 $121,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201628008

Spokane Association of REALTORS®

APN: 35043.1144