NOT LISTED FOR SALE

Estimated Value: $376,000 - $443,000

-- Bed
3 Baths
3,768 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $375,000 $100 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,524/month

100 Days on Market

Highlights

  • Cooling Available
  • High Speed Internet
  • 5-minute walk to A. M. Cannon Park
  • North Central High School Rated A-
  • Heating Available

About This Home

As of July 2022

Charming 6 bedroom home rented out by the bedroom. Can be purchased as a part of a larger portfolio at a discount. Call listing agent for more information. NOI - $35,605 Cap rate - 7.9% !!

Last Agent to Sell the Property

Devin Mecham

NAI Black License #22006882 Listed on: 01/10/2022

NAI Black

Last Buyer's Agent

Devin Mecham

NAI Black License #22006882 Listed on: 01/10/2022

NAI Black

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 1907

Lot Details

  • 6,000

Home Design

  • Composition Roof
  • Hardboard

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Additional Features

  • 2-Story Property
  • 6,000 Sq Ft Lot

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 25124.1715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,512

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd
  • Class: Rental Income
  • Year Built: 1907
  • Style Of Construction: 2 Story
  • Lvt Date: 01/10/2022
  • Common Interest Community: No
  • Geo Address Line: 1808 W Augusta Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/10/2022 9:58:20 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec

Schools

  • School District: Spokane Dist 81
  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6000
  • Loc Dir E W: W
  • Loc Numberblk E W: 18
  • Parcel Number: 25124.1715
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 17
  • Multiple Parcels: No

Multi Family

  • Number Of Units: 6
  • Number Units A: 1
  • Number Units B: 3
  • Number Units C: 1
  • Number Units D: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jun 14, 2022
Sold by
Vintage Rentals Llc
Bought by
Gingko Property Wa Llc
Seller's Agent
Devin Mecham
NAI Black
Buyer's Agent
Devin Mecham
NAI Black
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Total Days on Market
100
Current Estimated Value
$398,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,918
Avg. Annual Appreciation
2.16%
Original Mortgage
$1,399,500
Outstanding Balance
$1,339,152
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
-$940,234

Purchase Details

Closed on
Feb 20, 2015
Sold by
Kelley Keith T and Kelley Kendra S
Bought by
Vintage Rentals Llc

Purchase Details

Closed on
Feb 7, 2013
Sold by
Kelley Development Llc
Bought by
Kelley Keith T and Kelley Kendra S

Purchase Details

Closed on
Mar 26, 2010
Sold by
Kelley Keith T and Kelley Kendra S
Bought by
Kelley Developments Llc

Purchase Details

Closed on
Jul 28, 2008
Sold by
Kelley Keith T
Bought by
Kelley Keith T and Kelley Kendra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2005
Sold by
Primacy Closing Corp
Bought by
Kelley Keith T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,910
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2005
Sold by
Boyd Jason T and Boyd Holly N
Bought by
Primacy Closing Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,910
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 7, 2003
Sold by
Kravchenko Nikolay I and Kravchenko Tatyana K
Bought by
Boyd Jason T and Boyd Holly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,698
Interest Rate
5.83%
Mortgage Type
VA

Purchase Details

Closed on
Dec 21, 2000
Sold by
Bankers Trust Company
Bought by
Kravenchenko Tatyana and Kravenchenko Nickolay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
7.65%

Purchase Details

Closed on
Nov 23, 1999
Sold by
Wmc Mtg Corp
Bought by
Kravchenko Nickolay I and Kravchenko Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.84%

Purchase Details

Closed on
Sep 25, 1996
Sold by
Upper Columbia Corp Of Seventh Day Adven
Bought by
Dyck Cornelius M

Purchase Details

Closed on
Jul 18, 1996
Sold by
Dyck Cornelius M
Bought by
Upper Columbia Corp Seventh Day Adventis
Source: Public Records

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Range of Values:

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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
Gingko Property Wa Llc -- First American Title
Vintage Rentals Llc -- Spokane County Title Company
Kelley Keith T -- First American Title Ins Co
Kelley Developments Llc -- Spokane County Title Co
Kelley Keith T -- Pacific Northwest Title
Kelley Keith T $129,900 Pacific Nw Title
Primacy Closing Corp $131,700 Pacific Nw Title
Boyd Jason T $89,900 First American Title Ins
Kravenchenko Tatyana $37,500 Pioneer Title Company
Kravchenko Nickolay I $45,000 Pioneer Title Company
Dyck Cornelius M -- Spokane County Title Co
Upper Columbia Corp Seventh Day Adventis -- Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingko Property Wa Llc $1,399,500
Previous Owner Vintage Rentals Llc $558,750
Previous Owner Kelley Keith T $160,000
Previous Owner Kelley Keith T $140,000
Previous Owner Kelley Keith T $17,000
Previous Owner Kelley Keith T $103,900
Previous Owner Kelley Keith T $116,910
Previous Owner Boyd Jason T $91,698
Previous Owner Kravenchenko Tatyana $77,500
Previous Owner Kravchenko Nickolay I $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $375,000 -11.8% $100 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/18/2022 03/18/22 Price Changed $425,000 -5.6% $113 / Sq Ft
01/10/2022 01/10/22 For Sale $450,000 -- $119 / 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
2024 $3,512 $353,800 $66,000 $287,800
2023 $3,870 $371,400 $60,000 $311,400
2022 $3,569 $395,700 $50,000 $345,700
2021 $2,914 $244,800 $30,000 $214,800
2020 $2,719 $220,000 $24,500 $195,500
2019 $2,276 $190,300 $20,000 $170,300
2018 $2,385 $171,300 $18,000 $153,300
2017 $1,994 $145,800 $18,000 $127,800
2016 $1,967 $140,700 $18,000 $122,700
2015 $2,010 $140,700 $18,000 $122,700
2014 -- $147,000 $18,000 $129,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202210265

Spokane Association of REALTORS®

APN: 25124.1715