NOT LISTED FOR SALE

1640 E Olympic Ave Spokane, WA 99207

Whitman Neighborhood

Estimated Value: $217,000 - $255,000

1 Bed
1 Bath
599 Sq Ft
$382/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $50,000 $83 Per Sq Ft

Est. 358% increase in value since last sale

Current estimated payment $1,328/month

68 Days on Market

About This Home

As of April 2012

Investor Alert!!! 2 parcels, one with the home on it and the other vacant & flat. Separate parcel numbers. The home & garage are in need of major work. Great building opportunity. Need to sell both parcels together per seller's wishes. Price also includes 1636 E Olympic, a vacant lot adjacent to the property-- It is believed there are utilities to this lot. Never before on the market as has been in the same family since it was built in 1908.

Last Agent to Sell the Property

Sarah Sibley

Amplify Real Estate Services License #94275 Listed on: 02/03/2012

Amplify Real Estate Services

Last Buyer's Agent

Sarah Sibley

Amplify Real Estate Services License #94275 Listed on: 02/03/2012

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 1908

Lot Details

  • 5,950

Parking

  • 1 Car Detached Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • 1-Story Property
  • 5,950 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 36333.3504

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1908
  • Geo Address Line: 1640 E Olympic Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/16/2014 9:29:38 PM
  • Geo Zoom Level: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Estimated First Floor Sq Ft: 599
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 1

Utilities

  • Power Company: Avista
  • Water Company: City

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 5950
  • Loc Dir E W: E
  • Loc Numberblk E W: 16
  • Loc Numberblks N S: 51
  • Estimated Lot Dimension Depth: 119
  • Estimated Lot Dimension Front: 50
  • Parcel Number: 36333.3504
  • Site Improvements: Pub Sewer, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 857.60
  • Assessor Parcel Number: 36333.3504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Apr 26, 2012
Sold by
Thompson Leonard E and Thompson Tygh
Bought by
Tsiribko Valeriy and Tsiribko Valentino
Seller's Agent
Sarah Sibley
Amplify Real Estate Services
Buyer's Agent
Sarah Sibley
Amplify Real Estate Services
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$228,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,800
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Feb 16, 2010
Sold by
Thompson Leonar E
Bought by
Thompson Leonard E and Thompson Tygh
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
Tsiribko Valeriy $48,280 Stewart Title Of Spokane
Thompson Leonard E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $50,000 -16.5% $83 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $59,900 -- $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 $1,591 $173,700 $75,000 $98,700
2024 $1,591 $159,600 $65,000 $94,600
2023 $1,744 $187,700 $70,000 $117,700
2022 $1,438 $177,700 $60,000 $117,700
2021 $1,251 $104,500 $35,000 $69,500
2020 $1,097 $88,200 $28,000 $60,200
2019 $917 $76,300 $22,500 $53,800
2018 $981 $70,200 $20,000 $50,200
2017 $894 $65,100 $20,000 $45,100
2016 $845 $60,200 $20,000 $40,200
2015 $833 $58,000 $20,000 $38,000
2014 -- $58,000 $20,000 $38,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Sibley

    Seller's Agent in 2012

    Sarah Sibley

    Amplify Real Estate Services

    (509) 993-4112

    1 in this area

    61 Total Sales

    Sarah Sibley
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201211709

Spokane Association of REALTORS®

APN: 36333.3504

Washington Spokane County Spokane 99207 Whitman

1640 E Olympic Ave, Spokane, WA

Not Listed for Sale

Detached

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