NOT LISTED FOR SALE

Estimated Value: $367,672

4 Beds
3 Baths
2,070 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $350,000 $169 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,290/month

32 Days on Market

Highlights

  • Victorian Architecture
  • Forced Air Heating and Cooling System
  • Level Lot
  • North Central High School Rated A-
  • Dining Room
  • 4-minute walk to Dutch Jakes Mini Park

About This Home

As of November 2023

Unlock endless potential with this versatile gem! Nestled just moments away from the bustling courthouse and downtown Spokane, this property presents a golden opportunity. Whether you're envisioning a small business venture, a cozy apartment hideaway, or a dynamic duplex setup, the options are boundless. The lower level beckons with its ideal retail or business space, while the upper section awaits your creative touch for an apartment oasis or expanded workspace. With a prime location and updated features, this property is your canvas for residential, commercial, and retail dreams. Seize the chance to craft your vision in this thriving hub of possibilities!

Last Agent to Sell the Property

Steve Freeman

Keller Williams Spokane-Branch License #27259 Listed on: 08/07/2023

Keller Williams Spokane-Branch

Co-Listed By

Matt Brunner

REAL Broker LLC License #97277

Last Buyer's Agent

Becky Lease

First Look Real Estate License #136753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1901

Lot Details

  • Level Lot
  • Open Lot

Home Design

  • Victorian Architecture
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2,070 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Microwave

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • Alley Access
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Schools

  • Holmes Elementary School
  • Glover Middle School
  • North Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 25131.5113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,426

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1901
  • Style Of Construction: 1-1/2 Story
  • Lvt Date: 08/07/2023
  • Common Interest Community: No
  • Geo Address Line: 1848 W Broadway Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/7/2023 9:26:19 PM
  • Geo Zoom Level: 15
  • Sr High: North Central
  • Year Renovated: 2023
  • Jr High: Glover
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2070
  • Price Per Sq Ft: 169.08
  • Number of Stories: 2
  • Basement: Partial, Finished, Lndry
  • Basement: Yes
  • Special Features: Vinyl Wn Fr, Multi Pn Wn
  • Design: Victorian
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Features: Breakers
  • Kitchen Appliances: Microwave
  • Number of Refrigerators: 1

Exterior Features

  • Exterior: Metal
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg, Alley Access
  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Elec, Forced Air, El Wall Unit, Cent A/C, Wall A/C
  • Power Company: Avista
  • Water Company: Avista

Schools

  • School District: Spokane Dist 81
  • Elementary School: Holmes
  • Middle School: Glover
  • High School: North Central
  • School District: Spokane Dist 81
  • Elementary School: Holmes

Lot Info

  • Loc Dir E W: W
  • Loc Numberblk E W: 18
  • Estimated Lot Dimension Depth: 120
  • Estimated Lot Dimension Front: 30
  • Lot Information: Level, Open
  • Parcel Number: 25131.5113
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 8
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 25131.5113

Multi Family

  • Number Air Cond: 4
  • Number Of Units: 1
  • Number Units A: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Oct 23, 2023
Sold by
Arana Enterprises Llc
Bought by
Moen Leah A and Moen Michael S
Seller's Agent
Steve Freeman
Keller Williams Spokane-Branch
Buyer's Agent
Becky Lease
First Look Real Estate
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Views
58
Current Estimated Value
$367,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,672
Avg. Annual Appreciation
1.62%
Original Mortgage
$262,000
Outstanding Balance
$257,619
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$102,801

Purchase Details

Closed on
Sep 22, 2015
Sold by
Mccathren Kevin and Mccathren Grace
Bought by
Arana Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 2002
Sold by
Cramer Stephen J and Cramer Linda G
Bought by
Mccathren Kevin and Mccathren Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,882
Interest Rate
6.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moen Leah A $350,000 None Listed On Document
Arana Enterprises Llc $140,000 First American Title Ins Co
Mccathren Kevin $90,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moen Leah A $262,000
Previous Owner Arana Enterprises Llc $63,000
Previous Owner Arana Enterprises Llc $122,500
Previous Owner Arana Enterprises Llc $120,000
Previous Owner Mccathren Kevin M $200,000
Previous Owner Mccathren Kevin $91,882
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $350,000 -2.5% $169 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $359,000 -5.3% $173 / Sq Ft
08/07/2023 08/07/23 For Sale $379,000 -- $183 / 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 $3,426 $354,100 $50,400 $303,700
2024 $3,426 $332,500 $50,400 $282,100
2023 $1,773 $215,100 $65,000 $150,100
2022 $1,720 $180,600 $25,200 $155,400
2021 $1,859 $155,800 $18,000 $137,800
2020 $1,755 $141,700 $18,000 $123,700
2019 $1,585 $132,300 $18,000 $114,300
2018 $1,811 $130,000 $18,000 $112,000
2017 $1,779 $130,000 $18,000 $112,000
2016 $1,457 $104,100 $14,400 $89,700
2015 $1,475 $103,100 $14,400 $88,700
2014 -- $114,600 $30,700 $83,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202320069

Spokane Association of REALTORS®

APN: 25131.5113