NOT LISTED FOR SALE

Estimated Value: $280,000 - $382,911

6 Beds
4 Baths
1,800 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $180,000 $100 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,044/month

5 Days on Market

Highlights

  • Territorial View
  • Traditional Architecture
  • Landscaped with Trees
  • North Central High School Rated A-
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of February 2018

Terrific investment opportunity close to downtown Spokane, & Kendall Yards! Each unit has been recently remodeled & has 3 bedrooms, 1 bath, a 1 car garage, fireplace, guest parking & great rental history. With total rents of $1,650 per month & low expenses this duplex offers apprx. an 8% return (cap rate). Opportunities like this don't come along very often. Call today

Last Agent to Sell the Property

Joel Elgee

Avalon 24 Real Estate License #27675 Listed on: 01/09/2018

Last Buyer's Agent

Jeff Hornberger

The Hornberger Group, LLC License #27912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 1979

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot
  • Landscaped with Trees

Parking

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

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 25121.1810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,957

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Treed, Level
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Cable TV, Satellite Dish, High Speed Internet, None
  • Co List Office Phone: 208-765-2222
  • MLS Status: Sold
  • Architectural Style: Rancher, Traditional
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Windows Vinyl, Multi Pn Wn
  • Reso Structure Type: One Story
  • Master Plan Zoning: RSF
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Pantry
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • Elementary School: Audubon
  • High School: North Central
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 25121.1810
  • Lot Size Sq Ft: 6000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Feb 21, 2018
Sold by
Soto Genevie and Soto Jesus
Bought by
Clark Jeremy C
Seller's Agent
Joel Elgee
Avalon 24 Real Estate
Buyer's Agent
Jeff Hornberger
The Hornberger Group, LLC
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$339,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,228
Avg. Annual Appreciation
8.68%
Original Mortgage
$134,250
Outstanding Balance
$76,342
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$262,886

Purchase Details

Listed on
Apr 4, 2016
Closed on
Aug 16, 2016
Sold by
Hug Joshua D and Hug Maria Celeste
Bought by
Soto Genavie and Soto Jesus
Seller's Agent
Elizabeth Hug
Upward Advisors
Buyer's Agent
Larry Windhorst
Windermere Valley
List Price
$150,000
Sold Price
$139,999
Premium/Discount to List
-$10,001
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%
Original Mortgage
$137,463
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 6, 2013
Closed on
Jan 13, 2014
Sold by
Fannie Mae
Bought by
Hug Joshua D and Hug Maria Celeste
Seller's Agent
Fritz Nichols
Windermere Manito, LLC
Buyer's Agent
Elizabeth Hug
Upward Advisors
List Price
$84,000
Sold Price
$82,000
Premium/Discount to List
-$2,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%

Purchase Details

Listed on
Dec 6, 2013
Closed on
Dec 6, 2013
Sold by
Nwabeke James U and Nwabeke Theresa O
Bought by
Federal National Mortgage Association
Seller's Agent
Fritz Nichols
Windermere Manito, LLC
Buyer's Agent
Elizabeth Hug
Upward Advisors
List Price
$84,000
Sold Price
$82,000
Premium/Discount to List
-$2,000
-2.38%

Purchase Details

Closed on
Jan 11, 2005
Sold by
Ama Properties Llc
Bought by
Nwabeke James U and Nwabeke Theresa O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Amstadter Bonita M
Bought by
Amstadter A Michael
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
Clark Jeremy C -- First American Title
Soto Genavie $139,999 Spokane County Title Company
Hug Joshua D -- Chicago Title
Federal National Mortgage Association -- Spokane County Title Co
Nwabeke James U $120,000 First American Title Ins
Amstadter A Michael -- --
A M A Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Jeremy C $134,250
Previous Owner Soto Genavie $137,463
Previous Owner Nwabeke James U $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $180,000 0.0% $100 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $180,000 +28.6% $100 / Sq Ft
08/18/2016 08/18/16 Sold $139,999 -6.7% $78 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $150,000 +82.9% $83 / Sq Ft
01/22/2014 01/22/14 Sold $82,000 -2.4% $46 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $84,000 -- $47 / 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 $2,936 $330,000 $54,000 $276,000
2024 $2,936 $295,600 $52,200 $243,400
2023 $2,868 $295,600 $52,200 $243,400
2022 $2,623 $292,900 $49,500 $243,400
2021 $2,322 $194,900 $27,000 $167,900
2020 $2,182 $176,400 $25,200 $151,200
2019 $2,020 $168,800 $22,500 $146,300
2018 $1,893 $135,900 $18,000 $117,900
2017 $1,957 $143,100 $18,000 $125,100
2016 $1,754 $125,400 $18,000 $107,400
2015 $1,792 $125,400 $18,000 $107,400
2014 -- $122,400 $18,000 $104,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201810478

Spokane Association of REALTORS®

APN: 25121.1810