NOT LISTED FOR SALE

Estimated Value: $395,000 - $427,000

2 Beds
2 Baths
2,100 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $310,000 $148 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,471/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Dual Closets
  • Dining Room
  • Great Room
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of March 2021

Fantastic opportunity to purchase duplex with excellent rental history. South unit is vacant with a lockbox. North unit is occupied on a month-to-month basis. Please do not bother tenants. Each unit is approximately 1,050 square feet. South unit has quite a few updates. One carport for each unit. Seller will pay off GFC.

Last Agent to Sell the Property

Denise Fox

CENTURY 21 Beutler & Associates License #8074 Listed on: 02/19/2021

Last Buyer's Agent

Rich King

Keller Williams Spokane - Main License #128097

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,365

Year Built

  • Built in 1979

Lot Details

  • 0.37 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Flat Roof Shape
  • T111 Siding
  • Hardboard

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Zero Clearance Fireplace
  • Great Room
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45084.0390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,365

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: Duplex Up-Down
  • Year Built: 1979
  • Lvt Date: 02/19/2021
  • Common Interest Community: No
  • Geo Address Line: 1723 N Walnut Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/19/2021 11:21:50 PM
  • Geo Zoom Level: 15
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 2100
  • Price Per Sq Ft: 147.62
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 1050
  • First Floor Bathrooms: 0.5
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Daylight
  • Estimated Basement Sq Ft: 1050
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Special Features: Nat Wdwrk, Alum Wn Fr, Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal
  • Family/Recreation Room: Great room
  • Features: Breakers
  • Fireplace: 0 Clearance, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave, Washer, Dryer
  • Primary Bedroom: Dbl Clst
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard, T-111
  • Roof: Flat

Garage/Parking

  • Carport Size: 2
  • Garage Parking: Carport
  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec, Basebd, Wind A/C
  • Power Company: Modern
  • Water Company: Modern

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Cable Internet

Schools

  • School District: East Valley
  • Elementary School: Trent
  • Middle School: East Valley
  • High School: East Valley

Lot Info

  • Acres Mol: 0.37
  • Estimated Lot Sq Ft: 16100
  • Loc Dir E W: E
  • Loc Numberblk E W: 100
  • Loc Numberblks N S: 17
  • Lot Information: Fncd Bk Yd, Spr Sys, Level
  • Parcel Number: 45084.0390
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: $2,466
  • Assessor Parcel Number: 45084.0390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 24, 2021
Sold by
Mathis Apartments Llc
Bought by
Coakley Noreen
Seller's Agent
Denise Fox
CENTURY 21 Beutler & Associates
Buyer's Agent
Rich King
Keller Williams Spokane - Main
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Current Estimated Value
$400,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,142
Avg. Annual Appreciation
6.30%
Original Mortgage
$232,500
Outstanding Balance
$209,936
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$195,121

Purchase Details

Closed on
Nov 25, 2015
Sold by
Mathis Bruce D and Mathis Mary E
Bought by
Mathis Apartments Llc

Purchase Details

Closed on
Dec 27, 1995
Sold by
Harding Scherry
Bought by
Mathis Bruce and Mathis Mary E

Purchase Details

Closed on
Oct 12, 1994
Sold by
Roecks Imogene M
Bought by
Mathis Bruce and Mathis Mary E
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
Coakley Noreen $310,000 First American Title Ins Co
Mathis Apartments Llc -- Spokane County Title Company
Mathis Bruce D -- Spokane County Title Company
Mathis Bruce -- None Available
Mathis Bruce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coakley Noreen $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $310,000 +3.3% $148 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $300,000 -- $143 / 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 $3,365 $371,400 $95,000 $276,400
2024 $3,365 $353,900 $80,000 $273,900
2023 $3,225 $352,900 $75,000 $277,900
2022 $3,030 $340,150 $68,250 $271,900
2021 $2,742 $231,250 $47,250 $184,000
2020 $2,466 $196,800 $42,000 $154,800
2019 $2,123 $173,250 $36,750 $136,500
2018 $2,093 $158,800 $33,600 $125,200
2017 $1,892 $144,500 $33,600 $110,900
2016 $1,745 $134,500 $33,600 $100,900
2015 $1,809 $134,500 $33,600 $100,900
2014 -- $136,900 $31,500 $105,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202111714

Spokane Association of REALTORS®

APN: 45084.0390