NOT LISTED FOR SALE

Estimated Value: $574,000 - $687,000

4 Beds
2 Baths
2,240 Sq Ft
$288/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $635,000 $283 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,908/month

4 Days on Market

Highlights

  • Territorial View
  • Separate Formal Living Room
  • Double Oven
  • Sacajawea Middle School Rated A-
  • Formal Dining Room
  • 1 Car Detached Garage

About This Home

As of August 2022

This immaculate 1923 Craftsman bungalow is located across the street from Manito Park, and the Rockwood Bakery is just around the corner! The main floor is a successful Air B&B property, and the lower level is a furnished month to month rental. It grossed over $6800 in May ($4300 Air B&B and $2500 for the lower unit), including cleaning fees. Clean yourself and keep those fees, or hire it out. Totally updated throughout, and the property comes fully furnished at this price. Fantastic opportunity as an investment income property! The main floor offers a gorgeous formal living room with oak hardwoods and an elegant marble faced FP, and an oversized formal dining room with oak floors and a built in hutch. The updated kitchen features white cabinetry, a gas range, stainless steel appliances, and more! 2 BR and 1 updated bath on the main floor. Downstairs is a complete suite with a nice full kitchen, full bath, 2 egress bedrooms, and a living/dining area, all with a separate entrance! (Duplicate Listing)

Last Agent to Sell the Property

Timothy Ray

Kelly Right Real Estate of Spokane License #21262 Listed on: 06/10/2022

Last Buyer's Agent

Bryan Crabbe

Keller Williams Spokane - Main License #133920

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 1923

Lot Details

  • 6,912 Sq Ft Lot
  • Level Lot

Property Views

  • Territorial
  • Park or Greenbelt

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Walk-In Closet
  • 2,240 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Double Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Schools

  • Roosevelt Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 35292.1127

Community Details

Overview

  • 2 Units
  • Manito Park Subdivision

Amenities

  • Building Patio

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,329

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1923
  • Style Of Construction: 1 Story
  • Lvt Date: 06/10/2022
  • Common Interest Community: No
  • Geo Address Line: 1823 S Grand Blvd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/11/2022 1:05:05 AM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Subdivision/Development: Manito Park
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2240
  • Price Per Sq Ft: 283.48
  • Number of Stories: 1
  • Basement: Full, Finished, Daylight, Lndry, Outside Entr
  • Basement: Yes
  • Special Features: Mn Flr Util, Wood Flr, Nat Wdwrk, Wood Wn Fr, Vinyl Wn Fr, Multi Pn Wn, In-Law Setup
  • Design: Bungalow
  • Dining Room: Formal, Informal
  • Family/Recreation Room: Formal LR
  • Features: Breakers, 200 AMP
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, Dbl Ovens, D/W, Refrig, Microwave, Pantry
  • Primary Bedroom: Wlkin Clst, 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Off St Prkg
  • Garage Size: 1
  • Number Garages: 1
  • Number Parking Spaces: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Hi Eff Furn (>90%)
  • Power Company: Avista
  • Water Company: Spokane

Condo/Co-op/Association

  • Amenities: Patio, Gas Hot Wtr, Cable Internet
  • Common Amenities: Comm elec/gas

Schools

  • School District: Spokane Dist 81
  • Elementary School: Roosevelt
  • Middle School: Sacajawea
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Roosevelt

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 6912
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 2
  • Lot Information: Level, Bus Rt
  • Lot View: Park, Territorial
  • Parcel Number: 35292.1127
  • Site Improvements: Swr Conn, Pub Wtr
  • Loc Numberblk N S: 18

Tax Info

  • Taxes: 4329

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 28, 2022
Sold by
Jessica Smith
Bought by
Smith Elliot
Seller's Agent
Timothy Ray
Kelly Right Real Estate of Spokane
Buyer's Agent
Bryan Crabbe
Keller Williams Spokane - Main
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$627,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,869
Avg. Annual Appreciation
-1.81%
Original Mortgage
$476,250
Outstanding Balance
$457,778
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$143,115

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 18, 2022
Sold by
Bauder Lee Ac and Bauder Kimberly A
Bought by
Froebe Joshua Steven and Smith Elliot
Seller's Agent
Timothy Ray
Kelly Right Real Estate of Spokane
Buyer's Agent
Bryan Crabbe
Keller Williams Spokane - Main
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$457,778
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$143,115

Purchase Details

Closed on
Dec 1, 2021
Sold by
Worth Wendy L and Saulsbury Dayna L
Bought by
Bauder Lee Ac and Bauder Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2016
Closed on
May 23, 2016
Sold by
Severino Michael R and Severino Nicole A
Bought by
Worth Wendy L
Seller's Agent
Marie Pence
Windermere North
Buyer's Agent
Sydne Wheeler
Haven Real Estate Group
List Price
$284,900
Sold Price
$284,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$100,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2013
Closed on
Feb 20, 2014
Sold by
Mccalip Gary and Mccalip Kathy
Bought by
Severino Michael R and Severino Nicole A
Seller's Agent
Anthony Beckstead
EXIT Real Estate North
Buyer's Agent
Marie Pence
Windermere North
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$251,750
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2013
Closed on
Apr 17, 2013
Sold by
Mealey Patrick J J
Bought by
Mealey Family Llc
Seller's Agent
Bob Cooke
R.H. Cooke & Associates
Buyer's Agent
Anthony Beckstead
EXIT Real Estate North
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
261.69%

Purchase Details

Listed on
Feb 12, 2013
Closed on
Apr 16, 2013
Sold by
Mealey Family Llc
Bought by
Mccalip Gary and Mccalip Kathy
Seller's Agent
Bob Cooke
R.H. Cooke & Associates
Buyer's Agent
Anthony Beckstead
EXIT Real Estate North
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
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
Smith Elliot -- Vista Title And Escrow Llc
Froebe Joshua Steven -- Vista Title And Escrow Llc
Froebe Joshua Steven -- Vista Title And Escrow Llc
Froebe Joshua Steven -- Vista Title And Escrow Llc
Bauder Lee Ac $449,000 Vista Title And Escrow Llc
Worth Wendy L $284,900 First American Title Ins Co
Severino Michael R $265,000 First American Title Ins Co
Mealey Family Llc -- Inland Professional Title Ll
Mccalip Gary $90,280 Inland Professional Title Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froebe Joshua Steven $476,250
Closed Froebe Joshua Steven $476,250
Previous Owner Bauder Lee Ac $359,200
Previous Owner Worth Wendy L $100,000
Previous Owner Severino Michael R $251,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $635,000 -2.3% $283 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $650,000 +128.2% $290 / Sq Ft
05/26/2016 05/26/16 Sold $284,900 0.0% $127 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $284,900 +7.5% $127 / Sq Ft
02/25/2014 02/25/14 Sold $265,000 +6.0% $118 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $249,900 +177.7% $112 / Sq Ft
04/24/2013 04/24/13 Sold $90,000 -28.0% $40 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $125,000 -- $56 / 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 $5,698 $637,900 $175,000 $462,900
2024 $5,698 $574,800 $90,000 $484,800
2023 $4,498 $591,900 $65,000 $526,900
2022 $4,329 $460,100 $57,500 $402,600
2021 $4,083 $343,450 $52,250 $291,200
2020 $4,080 $330,650 $52,250 $278,400
2019 $3,507 $293,500 $47,500 $246,000
2018 $3,673 $264,100 $38,000 $226,100
2017 $3,237 $237,000 $28,000 $209,000
2016 $2,803 $200,700 $28,000 $172,700
2015 $2,839 $198,900 $28,000 $170,900
2014 -- $108,850 $28,350 $80,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202217439

Spokane Association of REALTORS®

APN: 35292.1127