NOT LISTED FOR SALE

1627 E Wabash Ave Spokane, WA 99207

Whitman Neighborhood

Estimated Value: $307,000 - $358,000

4 Beds
2 Baths
1,600 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 02, 2015

Last sale price $112,000 $70 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,996/month

246 Days on Market

Highlights

  • RV Access or Parking
  • Baseboard Heating
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of April 2015

Very affordable living! One side of duplex is currently being rented. The other side is vacant and has recently been completely repainted. This property is a wonderful investment opportunity. Rent is currently set at $650 per unit. Garage parking is assessable from Wabash, plus extra space in the back for RV Parking. Landscaping is low-maintenance! Located within a few blocks or schools and bus routes.

Last Agent to Sell the Property

Kim Stolz

Designed Real Estate License #115226 Listed on: 06/12/2014

Last Buyer's Agent

Brandon Marchand

Keller Williams Spokane - Main License #23628

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,323

Year Built

  • Built in 1985

Lot Details

  • 1,600

Parking

  • 2 Car Attached Garage
  • Alley Access
  • Off-Site Parking
  • RV Access or Parking

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Schools

  • Garry Middle School
  • Rogers High School

Additional Features

  • 1,600 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36333.3517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,323

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1985
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.04
  • Road Frontage Type: City Street
  • Reso Association Amenities: None
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement YN: No
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, RV Parking, Off Site, Alley Access
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • Elementary School: Whitman
  • High School: Rogers
  • Middle Or Junior School: Garry

Lot Info

  • Parcel Number: 36333.3517
  • Lot Size Sq Ft: 1600

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Mar 30, 2015
Sold by
Ezeonwu Samuel C and Ezeonwu Alice O
Bought by
Thompson Loren K and Thompson Joanne J
Seller's Agent
Kim Stolz
Designed Real Estate
Buyer's Agent
Brandon Marchand
Keller Williams Spokane - Main
List Price
$131,999
Sold Price
$112,000
Premium/Discount to List
-$19,999
-15.15%
Current Estimated Value
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,900
Avg. Annual Appreciation
10.85%
Original Mortgage
$84,000
Outstanding Balance
$64,781
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$265,119

Purchase Details

Closed on
Feb 7, 2007
Sold by
Tipps Gary W and Tipps Patricia S
Bought by
Ezeonwu Samuel C and Ezeonwu Alice O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Buck Walsh Joyce and Buck Joyce Margaret
Bought by
Tipps Gary W and Tipps Patricia S

Purchase Details

Closed on
Aug 25, 1998
Sold by
Buck Gary D
Bought by
Buck Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.91%
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
Thompson Loren K $112,000 Spokane County Title Company
Ezeonwu Samuel C $150,000 Transnation Title
Tipps Gary W $99,000 Transnation Title
Buck Joyce M -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Loren K $84,000
Previous Owner Ezeonwu Samuel C $120,000
Previous Owner Buck Joyce M $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2015 04/02/15 Sold $112,000 -15.2% $70 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
06/12/2014 06/12/14 For Sale $131,999 -- $82 / 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 $3,049 $285,000 $75,000 $210,000
2024 $3,049 $307,000 $65,000 $242,000
2023 $3,138 $330,600 $70,000 $260,600
2022 $2,658 $320,600 $60,000 $260,600
2021 $2,274 $190,800 $35,000 $155,800
2020 $1,941 $156,800 $28,000 $128,800
2019 $1,691 $141,200 $22,500 $118,700
2018 $1,790 $128,500 $20,000 $108,500
2017 $1,462 $106,800 $20,000 $86,800
2016 $1,490 $106,500 $20,000 $86,500
2015 $1,409 $98,500 $20,000 $78,500
2014 -- $93,200 $20,000 $73,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Stolz

    Seller's Agent in 2015

    Kim Stolz

    Designed Real Estate

    (509) 270-2229

    1 in this area

    30 Total Sales

    Kim Stolz
    Section Image
  • Brandon Marchand

    Buyer's Agent in 2015

    Brandon Marchand

    Keller Williams Spokane - Main

    (509) 991-6146

    6 in this area

    496 Total Sales

    Brandon Marchand
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201419771

Spokane Association of REALTORS®

APN: 36333.3517

Washington Spokane County Spokane 99207 Whitman

1627 E Wabash Ave, Spokane, WA

This home is located at 1627 E Wabash Ave, Spokane, WA 99207 since 12 June 2014 and is currently estimated at $329,900, approximately $206 per square foot. This property was built in 1985. 1627 E Wabash Ave is a home located in Spokane County with nearby schools including Whitman Elementary School, Garry Middle School, and Rogers 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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