NOT LISTED FOR SALE

1602 E Nebraska Ave Spokane, WA 99208

Whitman Neighborhood

Estimated Value: $306,000 - $387,000

4 Beds
4 Baths
2,016 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 02, 2013

Last sale price $112,500 $56 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,947/month

294 Days on Market

Highlights

  • RV Access or Parking
  • Attached Garage
  • Shed
  • Contemporary Architecture
  • Patio
  • Baseboard Heating

About This Home

As of April 2013

Great northside duplex with wonderful rental history. Each side has 2 bedrooms & 1.5 baths. Electric heat, full kitchen appliances, large carport with extra off street parking. Nice looking home & yard.

Last Agent to Sell the Property

Hal Greene

Windermere North License #49322 Listed on: 06/12/2012

Last Buyer's Agent

Jerry Kreshel

Bertis & Wieber, LLC. License #4302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1979

Lot Details

  • Level Lot

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2,016 Sq Ft Home
  • Aluminum Window Frames

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Parking

  • Attached Garage
  • Carport
  • Off-Site Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36332.2429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Patio, See Remarks
  • Co List Office Phone: 509-467-6640
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Alum Wn Fr
  • Reso Structure Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: See Remarks
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Stucco
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Attached, Carport, RV Parking, Off Site

Utilities

  • Heating: Baseboard

Lot Info

  • Parcel Number: 36332.2429

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1813
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Mar 28, 2013
Sold by
Tobert Richard C and Tobert Katherine L
Bought by
Reyes Mario and Reyes Ana C
Seller's Agent
Hal Greene
Windermere North
Buyer's Agent
Jerry Kreshel
Bertis & Wieber, LLC.
List Price
$119,900
Sold Price
$112,500
Premium/Discount to List
-$7,400
-6.17%
Current Estimated Value
$331,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,377
Avg. Annual Appreciation
8.84%
Original Mortgage
$110,461
Outstanding Balance
$77,189
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$254,688

Purchase Details

Closed on
Aug 27, 2001
Sold by
First Union National Bank
Bought by
Tobert Richard C and Tobert Katherine L

Purchase Details

Closed on
Feb 23, 2001
Sold by
Gamby Greg T
Bought by
First Union National Bank and Fremont Home Loan Trust 1999-2

Purchase Details

Closed on
Apr 20, 1999
Sold by
Lindvall Reginald H and Lindvall Karen M
Bought by
Gamby Greg T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
12.74%

Purchase Details

Closed on
Apr 16, 1999
Sold by
Gamby Patricia A
Bought by
Gamby Greg T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
12.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reyes Mario $112,780 First American Title Ins Co
Tobert Richard C $65,000 First American Title Ins
First Union National Bank $69,359 Transnation Title Insurance
Gamby Greg T $90,000 Transnation Title Insurance
Gamby Greg T -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Mario $110,461
Previous Owner Gamby Greg T $58,500
Closed Gamby Greg T $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2013 04/02/13 Sold $112,500 -6.2% $56 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
06/12/2012 06/12/12 For Sale $119,900 -- $59 / 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 $2,558 $323,900 $70,000 $253,900
2024 $2,558 $257,400 $70,000 $187,400
2023 $2,424 $257,400 $70,000 $187,400
2022 $2,298 $247,400 $60,000 $187,400
2021 $2,140 $179,500 $36,000 $143,500
2020 $2,018 $163,100 $34,000 $129,100
2019 $1,773 $148,100 $20,000 $128,100
2018 $1,790 $128,500 $20,000 $108,500
2017 $1,614 $117,900 $20,000 $97,900
2016 $1,545 $110,400 $20,000 $90,400
2015 $1,546 $108,100 $27,500 $80,600
2014 -- $103,800 $27,500 $76,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201218086

Spokane Association of REALTORS®

APN: 36332.2429