NOT LISTED FOR SALE

1624 E 7th Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $495,114 - $668,000

6 Beds
4 Baths
3,350 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $265,000 $79 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,507/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • Heating Available
  • Sacajawea Middle School Rated A-
  • 1 Car Attached Garage

About This Home

As of October 2017

Perfect opportunity to own an investment property in the Popular Perry District. Also perfect for the person just starting in investment properties, live in one side and rent the other unit. This duplex features 2 story units with 1 car attached garage, 3bdrm, 2.5 bath with a fenced back yard.

Last Agent to Sell the Property

James Thompson

eXp Realty, LLC License #23024508 Listed on: 09/05/2017

eXp Realty, LLC

Last Buyer's Agent

James Cote

Kelly Right Real Estate of Spokane License #120113

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • Fenced Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35213.2119

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Year Built: 2006
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard
  • Road Frontage Type: City Street, Gravel
  • Reso Association Amenities: None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Electric, Ductless

Lot Info

  • Parcel Number: 35213.2119

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Luse John M and Luse Rachel L
Bought by
Reuland Ralf and Reuland Mary
Current Estimated Value
$583,279

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 11, 2017
Sold by
Moon Dillon J
Bought by
Luse John M and Luse Rachel L
Seller's Agent
James Thompson
eXp Realty, LLC
Buyer's Agent
James Cote
Kelly Right Real Estate of Spokane
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$256,155
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 5, 2017
Closed on
Sep 27, 2017
Sold by
Moon Dillon J and Moon Dillion J
Bought by
Moon Melissa Ann
Seller's Agent
James Thompson
eXp Realty, LLC
Buyer's Agent
James Cote
Kelly Right Real Estate of Spokane
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,155
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2014
Sold by
Moon Dillon J
Bought by
Moon Dillon J

Purchase Details

Closed on
Apr 6, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Moon Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Holan John F
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 13, 2007
Sold by
Holan John F
Bought by
Holan John F and Holan Living Trust

Purchase Details

Closed on
Sep 26, 2006
Sold by
Chumov Andrey and Chumov Iya
Bought by
Holan John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Hylton Keith and Bell Peyton
Bought by
Chumov Andrey and Chumov Iya
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
Reuland Ralf $406,000 Vista Title & Escrow Llc
Luse John M $265,000 Spokane County Title Company
Moon Melissa Ann -- None Available
Moon Dillon J -- None Available
Moon Melissa -- Spokane County Title Co
Federal Home Loan Mortgage Corp $192,472 Spokane County Title Co
Holan John F -- None Available
Holan John F $285,000 First American Title Ins
Chumov Andrey $8,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luse John M $256,155
Previous Owner Moon Melissa $124,500
Previous Owner Holan John F $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $265,000 -7.0% $79 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $285,000 -- $85 / 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 $5,413 $594,400 $95,000 $499,400
2024 $5,413 $546,000 $95,000 $451,000
2023 $5,284 $531,000 $80,000 $451,000
2022 $5,071 $540,700 $55,000 $485,700
2021 $4,726 $397,700 $43,300 $354,400
2020 $3,703 $300,000 $37,500 $262,500
2019 $2,971 $248,500 $35,000 $213,500
2018 $3,597 $258,660 $18,560 $240,100
2017 $3,680 $269,500 $35,000 $234,500
2016 $3,460 $247,900 $35,000 $212,900
2015 $3,284 $230,200 $25,000 $205,200
2014 -- $225,100 $25,000 $200,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Thompson

    Seller's Agent in 2017

    James Thompson

    eXp Realty, LLC

    (509) 720-3788

    2 in this area

    30 Total Sales

    James Thompson
    Section Image

  • J

    Buyer's Agent in 2017

    James Cote

    Kelly Right Real Estate of Spokane

    (509) 362-4977

    10 Total Sales

    James Cote
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201724197

Spokane Association of REALTORS®

APN: 35213.2119

Washington Spokane County Spokane 99202 East Central

1624 E 7th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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