NOT LISTED FOR SALE

Estimated Value: $281,000 - $380,000

3 Beds
2 Baths
1,412 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $345,000 $244 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,010/month

52 Days on Market

Highlights

  • 1 Car Detached Garage
  • Heating Available
  • 3-minute walk to Herbert M. Hamblen Conservation Area
  • North Central High School Rated A-

About This Home

As of July 2019

Rare opportunity for immediate cash flow! Don't miss out on a well established, fully furnished, 2-unit rental in the highly sought after Kendall Yards Neighborhood. Recently remodeled from top to bottom including all new wiring and pex plumbing! This is a very well maintained true 2-unit with two water heaters, two laundry rooms, and separate meters. Perfect Airbnb or long term rental, walking distance to restaurants. Building situated on a high density lot with ample room to build an additional duplex!

Last Agent to Sell the Property

Monica Kullman

eXp Realty, LLC Branch License #129126 Listed on: 05/10/2019

eXp Realty, LLC Branch

Co-Listed By

Kristina Carlson

eXp Realty, LLC Branch License #130567

Last Buyer's Agent

Darcy Mcmurray

eXp Realty, LLC License #132859

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1900

Lot Details

  • 4,095 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cedar

Interior Spaces

  • 1,412 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Microwave

Laundry

  • Dryer
  • Washer

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 25134.1715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,234

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.09
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: SAR872
  • Co List Office Phone: 509-458-4000
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Master Plan Zoning: RHD
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Free-Standing Range, Refrigerator, Microwave, Washer, Dryer
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Cedar

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric
  • NumberOfRanges: 2

Schools

  • Elementary School: Homes
  • High School: North Central
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 25134.1715
  • Lot Size Sq Ft: 4095

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1234.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 27, 2019
Sold by
Watts Randy Tyler
Bought by
Elm Creek Llc
Seller's Agent
Monica Kullman
eXp Realty, LLC Branch
Buyer's Agent
Darcy Mcmurray
eXp Realty, LLC
List Price
$357,000
Sold Price
$345,000
Premium/Discount to List
-$12,000
-3.36%
Current Estimated Value
$326,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,202
Avg. Annual Appreciation
-0.77%
Original Mortgage
$256,000
Outstanding Balance
$227,438
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$102,167

Purchase Details

Closed on
Sep 22, 2017
Sold by
Watts Jessica M
Bought by
Watts Randy Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2014
Sold by
Watts Randy Craig and Watts Randy
Bought by
Watts Randy Tyler

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jan 26, 2012
Sold by
Fannie Mae
Bought by
Watts Randy
Seller's Agent
Bill Richard
Keller Williams Realty Spokane
Buyer's Agent
Non Member
Education Non-Member
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%

Purchase Details

Listed on
Jan 4, 2012
Closed on
Dec 7, 2011
Sold by
Mckinley Gregory and Mckinley Sandra
Bought by
Federal National Mortgage Association
Seller's Agent
Bill Richard
Keller Williams Realty Spokane
Buyer's Agent
Non Member
Education Non-Member
List Price
$20,000
Sold Price
$20,000

Purchase Details

Closed on
Jun 28, 2007
Sold by
Young Robert J
Bought by
Mckinley Gregory B and Mckinley Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,733
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Spokane, WA

  • 420 E Sanson Ave, Spokane, WA 99207

    $315,000

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 420 E Sanson Ave
    • Spokane, WA

    Centrally located duplex in North Spokane! Take advantage of the opportunity to build equity, add an investment property to your portfolio or even Owner Occupy! Each unit features 2 bedrooms, 1 bathroom with in-unit laundry hookups and a covered carport.

    Kim Hynes Windermere Valley

    Section Image
  • 2101 W Mallon Ave, Spokane, WA 99201

    $330,000

    • 2 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 2101 W Mallon Ave
    • Spokane, WA

    Nestled in the heart of Spokane's vibrant Kendall Yards neighborhood, this duplex presents an exceptional investment opportunity. Featuring two charming one-bedroom, one-bath units arranged in an over/under configuration, this property offers a blend of comfort and convenience. Each unit boasts modern amenities and thoughtful design, ensuring an inviting living space for tenants. The upper unit

    Jessica Rafter Rafter Realty, LLC

    Section Image
  • 2022 W Dean Ave, Spokane, WA 99201

    $340,000

    • 5 Beds
    • 2 Baths
    • 2,146 Sq Ft
    • 2022 W Dean Ave
    • Spokane, WA

    This Cute Duplex is right across the street from a quaint little bakery, and just a few blocks from Kendall Yards and the amazing My Fresh Basket for all your groceries, etc. This would be an excellent location for an Airbnb...close to downtown, the Podium, the Spokane Arena, the New One Spokane Stadium. Also nearby is the Flour Mill, Riverfront Park and both Sacred Heart and Deaconess Hospital.

    Michael Gilroy Amplify Real Estate Services

    Section Image
  • 2505 W Mallon Ave, Spokane, WA 99201

    $365,000

    • 3 Beds
    • 2 Baths
    • 1,609 Sq Ft
    • 2505 W Mallon Ave
    • Spokane, WA

    This fully remodeled duplex is full of charm and character, perfectly located just minutes from the heart of Kendall Yards. Currently operating as a successful short-term rental for traveling nurses, this property offers flexibility and income potential from day one. The lower unit features 2 bedrooms and 1 bath—ideal for an owner-occupant—while the upper unit offers a cozy 1 bed, 1 bath space

    Chelsey Graves Coldwell Banker Tomlinson

    Section Image
  • 2524 W Dean Ave, Spokane, WA 99201

    $259,999

    • 5 Beds
    • 3 Baths
    • 2,271 Sq Ft
    • 2524 W Dean Ave
    • Spokane, WA

    Investor special. Triplex near Kendall Yards is ready to be remodeled. New electric with separate metered gas. There is alley access with lots of parking in the back. House Hack or Rent all 3 units to cash flow. Rents are based on historical listings.

    Karl Kennedy Keller Williams Spokane - Main

    Section Image
  • 2613 W Gardner Ave, Spokane, WA 99201

    $289,000

    • 3 Beds
    • 3 Baths
    • 1,622 Sq Ft
    • 2613 W Gardner Ave
    • Spokane, WA

    Investor Alert! Great opportunity for an affordable, cash flowing Tri-Plex. 3 units each with 1 bedroom/ 1 bathroom, all on separate meters. Existing tenants. Just a short walk to local restaurants, close to Kendall Yards, a five-minute drive to downtown Spokane, and only 15 minutes from the airport.

    Kristina Northcutt John L Scott, Inc.

    Section Image
  • 2526 W Sinto Ave, Spokane, WA 99201

    $295,000

    • 4 Beds
    • 2 Baths
    • 2,856 Sq Ft
    • 2526 W Sinto Ave
    • Spokane, WA

    Northside Duplex with large detached shop across the street from elementary school. New exterior paint. Large 2 story with 928 square feet 2 bed/1 bath units. Lower unit is occupied by owners family and to be vacated by 07/31/25 with estimated rents of $1195 and upper unit is month to month at $1195 per month. Large 660 square ft shop built in 1988 and separately leased at $250 per month through

    Gieve Parker All Star Property Mgmt, LLC

    Section Image
  • 1514 N Cedar St, Spokane, WA 99201

    $319,000

    • 2 Beds
    • 3 Baths
    • 1514 N Cedar St
    • Spokane, WA

    Don’t miss this incredible investment opportunity at 1514 N Cedar! Whether you're looking to "house hack" and live in the spacious 2-bed, 1-bath unit while collecting rent from the two already-rented studio units, or you want to capitalize on passive income from all three, this property has serious potential. With the two studios already occupied, you’re set for immediate cash flow. The 2-bed

    Billy Deese Deese Real Estate

    Section Image
  • 1304 W Maxwell Ave, Spokane, WA 99201

    $395,000

    • 4 Beds
    • 3 Baths
    • 1,862 Sq Ft
    • 1304 W Maxwell Ave
    • Spokane, WA

    Updated Westside Tri-plex with new windows, new exterior paint, new electrical panels in 2019 and new flooring throughout. Front unit 1304 and upper unit 1505 are on lease thru 07/31/25 and back unit 1505 is month to month.

    Gieve Parker All Star Property Mgmt, LLC

    Section Image

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
Elm Creek Llc $345,000 First American Title Ins Co
Watts Randy Tyler -- First American Title Ins Co
Watts Randy Tyler -- None Available
Watts Randy -- Spokane County Title Co
Federal National Mortgage Association $73,493 First American Title Ins Co
Mckinley Gregory B $79,667 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elm Creek Llc $256,000
Previous Owner Watts Randy Tyler $84,000
Previous Owner Watts Randy Tyler $49,000
Previous Owner Mckinley Gregory B $63,733
Previous Owner Young Robert J $165,000
Previous Owner Young Robert J $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $345,000 -3.4% $244 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $357,000 +1685.0% $253 / Sq Ft
01/31/2012 01/31/12 Sold $20,000 0.0% $14 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $20,000 -- $14 / 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 $2,278 $229,100 $65,000 $164,100
2023 $1,922 $214,100 $50,000 $164,100
2022 $1,748 $195,900 $45,000 $150,900
2021 $1,555 $130,200 $15,000 $115,200
2020 $1,380 $111,200 $18,000 $93,200
2019 $1,234 $102,900 $18,000 $84,900
2018 $1,296 $92,900 $18,000 $74,900
2017 $1,082 $78,900 $18,000 $60,900
2016 $870 $62,000 $18,000 $44,000
2015 $890 $62,000 $18,000 $44,000
2014 -- $64,000 $20,000 $44,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Spokane Association of REALTORS®

MLS Number: 201915943

Spokane Association of REALTORS®

APN: 25134.1715