NOT LISTED FOR SALE

1717 E Mallon Ave Spokane, WA 99202

Chief Garry Park Neighborhood

Estimated Value: $318,000 - $392,000

4 Beds
2 Baths
2,568 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $166,350 $65 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,176/month

32 Days on Market

Highlights

  • 2 Car Detached Garage
  • Lewis & Clark High School Rated A
  • Baseboard Heating

About This Home

As of June 2019

Opportunity knocks. Here’s your chance to get a nice duplex and increase your cash flow. Current rents are below market and could easily be increased. Lower unit is a 2 bed/1 bath, upper unit is 2 bed/1 bath. Do a little work to the garage and increase your cash flow even more.

Last Agent to Sell the Property

Billy Deese

Deese Real Estate License #27657 Listed on: 03/11/2019

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 7,100

Parking

  • 2 Car Detached Garage
  • Off-Site Parking

Home Design

  • Hardboard

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • 7,100 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units
  • Water Sewer Expense $2,500

Listing and Financial Details

  • Assessor Parcel Number 35162.3807

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1904
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Site

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 2500

Lot Info

  • Parcel Number: 35162.3807
  • Lot Size Sq Ft: 7100

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 21, 2019
Sold by
Nw Property Solutions 10 Llc
Bought by
Vanausdal Christopher
Seller's Agent
Billy Deese
Deese Real Estate
Buyer's Agent
MISC MISC
NON MLS
List Price
$162,500
Sold Price
$166,350
Premium/Discount to List
$3,850
2.37%
Current Estimated Value
$370,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,314
Avg. Annual Appreciation
12.93%
Original Mortgage
$162,993
Outstanding Balance
$143,013
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$227,651

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 5, 2018
Sold by
Weaver Sarah E and Weaver Edward I
Bought by
Nw Property Solutions 10 Llc
Seller's Agent
Todd Grubb
Keller Williams Spokane - Main
Buyer's Agent
Billy Deese
Deese Real Estate
List Price
$120,000
Sold Price
$99,000
Premium/Discount to List
-$21,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.82%
Original Mortgage
$112,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2016
Sold by
Webbert Jim E
Bought by
Marshall Sarah E and Weaver Edward I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 12, 2011
Sold by
Deutsche Bank Trust Company Americas
Bought by
Webbert Jim E

Purchase Details

Closed on
Oct 9, 2010
Sold by
Ziegwied Jeffrey S
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Dec 27, 2006
Sold by
Core Darrell J
Bought by
Ziegwied Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2005
Sold by
Cunningham Terrance L
Bought by
Core Darrell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
7.2%
Mortgage Type
Fannie Mae Freddie Mac
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
Vanausdal Christopher $166,350 Vista Title And Escrow Llc
Nw Property Solutions 10 Llc $99,000 Vista Title & Escrow Ll
Marshall Sarah E $60,000 Spokane County Title Company
Webbert Jim E $40,000 Spokane County Title Co
Deutsche Bank Trust Company Americas $106,200 Spokane County Title Co
Ziegwied Jeffrey S $110,000 Pacific Nw Title
Core Darrell J $78,600 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanausdal Christopher $162,993
Previous Owner Nw Property Solutions 10 Llc $112,000
Previous Owner Marshall Sarah E $60,000
Previous Owner Ziegwied Jeffrey S $99,000
Previous Owner Core Darrell J $58,600
Closed Core Darrell J $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2019 06/03/19 Sold $166,350 0.0% $65 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/26/2019 03/26/19 Off Market $166,350 -- --
03/11/2019 03/11/19 For Sale $162,500 +64.1% $63 / Sq Ft
06/12/2018 06/12/18 Sold $99,000 -17.5% $79 / Sq Ft View Prior Sale
04/09/2018 04/09/18 For Sale $120,000 -- $96 / 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 $2,855 $279,500 $80,000 $199,500
2024 $2,855 $287,400 $75,000 $212,400
2023 $2,814 $287,400 $75,000 $212,400
2022 $2,428 $287,400 $75,000 $212,400
2021 $1,942 $162,800 $32,000 $130,800
2020 $1,845 $149,000 $28,000 $121,000
2019 $1,487 $124,100 $17,500 $106,600
2018 $1,377 $98,700 $15,000 $83,700
2017 $1,486 $108,500 $15,000 $93,500
2016 $1,417 $101,200 $15,000 $86,200
2015 $1,381 $96,500 $15,000 $81,500
2014 -- $94,500 $15,000 $79,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Deese

    Seller's Agent in 2019

    Billy Deese

    Deese Real Estate

    (509) 590-5603

    2 in this area

    80 Total Sales

    Billy Deese
    Section Image

  • M

    Buyer's Agent in 2019

    MISC MISC

    NON MLS

  • Todd Grubb

    Seller's Agent in 2018

    Todd Grubb

    Keller Williams Spokane - Main

    (509) 999-1796

    5 in this area

    123 Total Sales

    Todd Grubb
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201912446

Spokane Association of REALTORS®

APN: 35162.3807

Washington Spokane County Spokane 99202 Chief Garry Park

1717 E Mallon Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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