NOT LISTED FOR SALE

1622 E 40th Ave Spokane, WA 99203

Moran Prairie Neighborhood

Estimated Value: $357,000 - $421,000

4 Beds
2 Baths
1,848 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $181,650 $98 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,437/month

61 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Hamblen Elementary School Rated A-
  • Level Lot

About This Home

As of December 2019

Diamond in the rough in esteemed South Hill location where similar homes sell for much more. Three bedrooms on main level. Wall to 4th bedroom removed to enlarge living room. Large bonus room downstairs along with laundry and storage. Updated electric and natural gas forced air. Large fenced back yard with alley access. Blocks to Manito Golf and Country Club and Hamblen Elementary.

Last Agent to Sell the Property

Mike Lambert

Kelly Right Real Estate of Spokane License #95264 Listed on: 09/06/2019

Last Buyer's Agent

Mike Lambert

Kelly Right Real Estate of Spokane License #95264 Listed on: 09/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1949

Lot Details

  • 6,750 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • Partially Finished Basement
  • Recreation or Family Area in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Hamblen Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Manito Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35333.0808

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,725

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1949
  • Lvt Date: 09/06/2019
  • Common Interest Community: No
  • Geo Address Line: 1622 E 40th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/6/2019 11:48:04 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Jr High: Chase
  • Subdivision/Development: Manito Heights
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1848
  • Price Per Sq Ft: 98.3
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1176
  • First Floor Bedrooms: 4
  • First Floor Bathrooms: 1
  • Second Floor Bathrooms: 0.5
  • Basement: Partial
  • Estimated Basement Sq Ft: 672
  • Basement Percent: 60
  • Basement: Yes
  • Basement Family Room: 1
  • Design: Rancher
  • Family/Recreation Room: Bsmt
  • Primary Bedroom: 1/2 Bath
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Wood
  • Foundation: Conc Pad
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg
  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: City of Sp

Schools

  • School District: Spokane Dist 81
  • Elementary School: Hamblen
  • Middle School: Chase
  • High School: Ferris
  • School District: Spokane Dist 81
  • Elementary School: Hamblen

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 6750
  • Loc Dir E W: E
  • Loc Numberblk E W: 16
  • Loc Numberblks N S: 40
  • Estimated Lot Dimension Depth: 134
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Bk Yd, Level
  • Parcel Number: 35333.0808
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 1725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Hells Canyon Equity Llc
Bought by
Finn Torrey J
Current Estimated Value
$394,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,030
Outstanding Balance
$258,323
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$153,455

Purchase Details

Closed on
May 20, 2020
Sold by
Zipse Kyle and Zipse Camas
Bought by
Hells Canyon Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,030
Outstanding Balance
$258,323
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$153,455

Purchase Details

Listed on
Sep 6, 2019
Closed on
Dec 5, 2019
Sold by
Gutierrez Joseph R
Bought by
Zipse Kyle and Zipse Camas
Seller's Agent
Mike Lambert
Kelly Right Real Estate of Spokane
Buyer's Agent
Mike Lambert
Kelly Right Real Estate of Spokane
List Price
$185,000
Sold Price
$181,650
Premium/Discount to List
-$3,350
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%
Original Mortgage
$145,320
Interest Rate
3.75%

Purchase Details

Closed on
May 5, 2008
Sold by
Northwest Family Properties Llc
Bought by
Gutierrez Joseph R and Gutierrez Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2005
Sold by
Branstetter Ted A and Branstetter Grace F
Bought by
Northwest Family Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 21, 2005
Sold by
Nelson Margaret L
Bought by
Branstetter Ted A and Branstetter Grace F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Finn Torrey J $299,000 None Available
Hells Canyon Equity Llc -- None Available
Zipse Kyle $181,650 First American Title
Gutierrez Joseph R $155,000 Transnation Title Ins Co
Northwest Family Properties Llc -- Transnation Title
Branstetter Ted A $115,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finn Torrey J $290,030
Previous Owner Zipse Kyle $145,320
Previous Owner Gutierrez Joseph R $20,000
Previous Owner Gutierrez Joseph R $124,000
Previous Owner Branstetter Ted A $80,500
Previous Owner Branstetter Ted A $28,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $181,650 -1.3% $98 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $184,000 +15.0% $100 / Sq Ft
10/24/2019 10/24/19 Price Changed $160,000 -13.0% $87 / Sq Ft
10/17/2019 10/17/19 Price Changed $184,000 -0.5% $100 / Sq Ft
09/06/2019 09/06/19 For Sale $185,000 -- $100 / 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 $3,443 $359,300 $100,000 $259,300
2024 $3,443 $346,800 $85,000 $261,800
2023 $3,348 $340,800 $70,000 $270,800
2022 $3,380 $342,140 $62,440 $279,700
2021 $2,201 $184,640 $62,440 $122,200
2020 $2,014 $162,760 $56,760 $106,000
2019 $1,725 $144,100 $47,300 $96,800
2018 $1,924 $138,100 $43,000 $95,100
2017 $1,678 $122,600 $40,000 $82,600
2016 $1,605 $114,700 $40,000 $74,700
2015 $1,569 $109,700 $35,000 $74,700
2014 -- $108,900 $30,000 $78,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Lambert

    Seller's Agent in 2019

    Mike Lambert

    Kelly Right Real Estate of Spokane

    (509) 720-9610

    7 Total Sales

    Mike Lambert
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201923258

Spokane Association of REALTORS®

APN: 35333.0808

Washington Spokane County Spokane 99203 Moran Prairie

1622 E 40th Ave, Spokane, WA

This home is located at 1622 E 40th Ave, Spokane, WA 99203 since 06 September 2019 and is currently estimated at $394,655, approximately $213 per square foot. This property was built in 1949. 1622 E 40th Ave is a home located in Spokane County with nearby schools including Hamblen Elementary School, Chase Middle School, and Ferris High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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