NOT LISTED FOR SALE

Estimated Value: $248,000 - $288,000

3 Beds
1 Bath
1,728 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $110,000 $64 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,589/month

45 Days on Market

Highlights

  • Oversized Lot
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Dual Closets
  • Views
  • Wood Siding

About This Home

As of April 2017

Very nice three bedroom home with basement. Two upstairs and one in the basement, non egress. Sits on a large lot with a large storage shed. Long term renters currently in the home and would be interested in staying if purchased as an investment property.

Last Agent to Sell the Property

Merle Davis

John L Scott, Spokane Valley License #103475 Listed on: 03/10/2017

John L Scott, Spokane Valley

Last Buyer's Agent

Greg Hansen

G.K. Hansen Real Estate License #11528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1953

Lot Details

  • 7,440 Sq Ft Lot
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Dishwasher
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 1 Bathroom

Partially Finished Basement

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

Parking

  • Alley Access
  • Off-Street Parking

Schools

  • Whitman Elementary School
  • Garry Middle School
  • Rogers High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 36332.1007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,027

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1953
  • Lvt Date: 03/10/2017
  • Geo Address Line: 1620 E Decatur Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/25/2017 6:56:33 PM
  • Geo Zoom Level: 15
  • Sr High: Rogers
  • Jr High: garry
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 1
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 864
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full, Partial, Fam/Rec Rm
  • Estimated Basement Sq Ft: 864
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Family Room: 1
  • Features: 200 AMP
  • Kitchen Appliances: D/W
  • Primary Bedroom: Dbl Clst
  • Number of Family Rooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg, Alley Access
  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: City

Schools

  • School District: Spokane Dist 81
  • Elementary School: Whitman

Lot Info

  • Acres Mol: 0.17
  • Estimated Lot Sq Ft: 7440
  • Loc Dir E W: E
  • Loc Numberblk E W: 16
  • Loc Numberblks N S: 62
  • Lot Information: View, Fncd Bk Yd, Spr Sys, Level, Open, Bus Rt, Oversized
  • Parcel Number: 36332.1007
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 1027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 13, 2017
Sold by
Knight Patrick and Knight Shannon
Bought by
Colwell Richard W and Jackson Emma R
Seller's Agent
Merle Davis
John L Scott, Spokane Valley
Buyer's Agent
Greg Hansen
G.K. Hansen Real Estate
List Price
$103,700
Sold Price
$110,000
Premium/Discount to List
$6,300
6.08%
Current Estimated Value
$272,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,273
Avg. Annual Appreciation
10.80%
Original Mortgage
$108,007
Outstanding Balance
$92,866
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$176,932

Purchase Details

Closed on
Aug 8, 2005
Sold by
Child William L and Child Jolene J
Bought by
Knight Patrick and Knight Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Child Paul W and Child Lita Ann
Bought by
Child William L and Child Jolene J

Purchase Details

Closed on
Sep 17, 1998
Sold by
Child Lita Ann and Peterson Lita Ann
Bought by
Child Paul W and Child Lita Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.89%

Purchase Details

Closed on
Oct 14, 1997
Sold by
Peterson Russell Wayne
Bought by
Peterson Lita Ann
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
Colwell Richard W $110,000 Ticor Title Company
Knight Patrick $94,000 Transnation Title
Child William L $87,943 Spokane County Title Co
Child Paul W -- Pioneer Title Company
Peterson Lita Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colwell Richard W $108,007
Previous Owner Knight Patrick $10,000
Previous Owner Child Paul W $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $110,000 +6.1% $64 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $103,700 -- $60 / 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 $2,163 $222,000 $70,000 $152,000
2024 $2,163 $217,400 $70,000 $147,400
2023 $2,124 $217,400 $70,000 $147,400
2022 $1,893 $216,600 $60,000 $156,600
2021 $1,645 $137,800 $36,000 $101,800
2020 $1,476 $119,000 $34,000 $85,000
2019 $1,202 $100,200 $20,000 $80,200
2018 $1,306 $93,600 $20,000 $73,600
2017 $1,148 $83,700 $20,000 $63,700
2016 $1,106 $78,900 $20,000 $58,900
2015 $1,120 $78,200 $20,000 $58,200
2014 -- $83,500 $20,000 $63,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201712573

Spokane Association of REALTORS®

APN: 36332.1007