NOT LISTED FOR SALE

2002 E 1st Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $309,000 - $372,000

3 Beds
2 Baths
1,906 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $155,000 $81 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,041/month

13 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Craftsman Architecture
  • Sacajawea Middle School Rated A-
  • City View
  • Property is near public transit

About This Home

As of April 2018

Great Investment for Rental or Owner Occupied Duplex. Newer 30 year roof, Exterior paint, Hardwoods, Granite. Fully Fenced with 8 foot security fence around Back Yard Parking area. Can easily be converted to a single family home. Upper unit 1 bed 1 bath kitchen and family room, Main floor 2 beds,1 bath large Living room, kitchen and formal dinning room! Amazing Extended Living spaces out back! Plus a 2 car garage finished for home business possible income producer, but could be converted easily.

Last Agent to Sell the Property

Barb Christensen

Coldwell Banker Tomlinson License #47208 Listed on: 03/22/2018

Coldwell Banker Tomlinson

Last Buyer's Agent

Patrick Kendrick

REAL Broker LLC License #23022863

REAL Broker LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Open Lot
  • Partial Sprinkler System
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Alley Access
  • Garage Door Opener
  • Off-Site Parking
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Victorian Architecture

Interior Spaces

  • 1,906 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Bay Window
  • City Views
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Furnace
  • Baseboard Heating
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Barn

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35212.0801

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1895
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fencing, Fenced Yard, Cross Fncd, Sprinkler - Partial, Treed, Level, Open Lot, Corner Lot, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: Cable TV, Satellite Dish, Deck, Patio, High Speed Internet, None
  • Co List Office Phone: 509-535-7400
  • MLS Status: Sold
  • Architectural Style: Victorian, Craftsman, Other, Traditional
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Window Bay Bow
  • Reso Structure Type: One and a Half Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Partial
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Pantry
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood
  • Other Structures: Barn(s), Shed(s)

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, RV Parking, Garage Door Opener, Off Site, Alley Access, Oversized
  • Total Parking Spaces: 6

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Forced Air, Baseboard
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 35212.0801
  • Lot Size Sq Ft: 6970

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 23, 2018
Sold by
Sammeli Joshua J and Sammeli Tess P
Bought by
Powers William D
Seller's Agent
Barb Christensen
Coldwell Banker Tomlinson
Buyer's Agent
Patrick Kendrick
REAL Broker LLC
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Current Estimated Value
$344,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,137
Avg. Annual Appreciation
10.94%
Original Mortgage
$138,700
Outstanding Balance
$119,335
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$224,802

Purchase Details

Closed on
May 8, 2015
Sold by
Sammeli Joshua and Georgio Tess P
Bought by
Sammeli Joshua J and Georgio Tess P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,503
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2014
Sold by
Sammeli Tammy
Bought by
Sammeli Joshua

Purchase Details

Closed on
Oct 8, 2007
Sold by
Sammeli Josh J and Sammeli Joshua
Bought by
Sammeli Josh J and Sammeli Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,281
Interest Rate
6.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2005
Sold by
Flugel Michael L and Flugel Dena M
Bought by
Sammeli Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 15, 1996
Sold by
Freer Robb W and Tibesar Joan Irene
Bought by
Flugel Michael L and Flugel Dena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Powers William D -- None Listed On Document
Sammeli Joshua J -- Chicago Title
Sammeli Joshua -- None Available
Sammeli Josh J -- Pnt
Sammeli Joshua $90,000 Pacific Nw Title
Flugel Michael L $65,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers William D $138,700
Previous Owner Sammeli Joshua J $116,503
Previous Owner Sammeli Josh J $127,281
Previous Owner Sammeli Joshua $72,000
Previous Owner Flugel Michael L $52,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $155,000 +3.3% $81 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $150,000 -- $79 / 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 $2,854 $292,700 $75,000 $217,700
2024 $2,854 $287,300 $70,000 $217,300
2023 $2,552 $295,300 $70,000 $225,300
2022 $2,293 $260,480 $65,680 $194,800
2021 $2,108 $176,790 $37,490 $139,300
2020 $1,889 $152,580 $34,080 $118,500
2019 $1,427 $119,100 $22,500 $96,600
2018 $1,686 $121,000 $18,000 $103,000
2017 $1,569 $114,600 $18,000 $96,600
2016 $1,568 $112,100 $18,000 $94,100
2015 $1,560 $109,100 $15,000 $94,100
2014 -- $116,500 $20,000 $96,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barb Christensen

    Seller's Agent in 2018

    Barb Christensen

    Coldwell Banker Tomlinson

    (509) 979-2194

    64 Total Sales

    Barb Christensen
    Section Image
  • Patrick Kendrick

    Buyer's Agent in 2018

    Patrick Kendrick

    REAL Broker LLC

    (509) 991-2470

    8 in this area

    105 Total Sales

    Patrick Kendrick
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201813590

Spokane Association of REALTORS®

APN: 35212.0801

Washington Spokane County Spokane 99202 East Central

2002 E 1st Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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