NOT LISTED FOR SALE

Estimated Value: $418,000 - $477,000

7 Beds
3 Baths
1,650 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $278,600 $169 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,662/month

26 Days on Market

About This Home

As of June 2020

Awesome duplex in northeast Spokane that is a great investment property or has potential for a "House-Hacking" set up. One unit is 4 Bed/2 Bath. The other is 4 Bed/1 Bath (2 of the bedrooms are non-egress). Lots of value-add opportunity here. Do not miss out!

Last Agent to Sell the Property

Jon Ehrlich

Coldwell Banker Tomlinson License #25845 Listed on: 04/08/2020

Coldwell Banker Tomlinson

Last Buyer's Agent

Billy Deese

Deese Real Estate License #27657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,833

Year Built

  • Built in 1979

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Carport Spaces
  • Off-Site Parking

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36331.1923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,833

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-413-1956
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, None
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding

Garage/Parking

  • Parking Features: Carport, Off Site

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Gas Hot Air Furnace, Forced Air, Ductless

Lot Info

  • Parcel Number: 36331.1923
  • Lot Size Sq Ft: 6098

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
May 29, 2020
Sold by
Perkins Russell J
Bought by
Bynum Ruby A and Waide John M
Seller's Agent
Jon Ehrlich
Coldwell Banker Tomlinson
Buyer's Agent
Billy Deese
Deese Real Estate
List Price
$280,000
Sold Price
$278,600
Premium/Discount to List
-$1,400
-0.5%
Current Estimated Value
$441,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,281
Avg. Annual Appreciation
8.42%
Original Mortgage
$264,670
Outstanding Balance
$236,068
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$192,591

Purchase Details

Closed on
Sep 20, 2017
Sold by
Palouse Residential Properties Llc
Bought by
Perkins Russell J

Purchase Details

Listed on
Jun 10, 2016
Closed on
Dec 20, 2016
Sold by
Perkins Russell
Bought by
Palouse Residential Properties Llc
Seller's Agent
Inna Mayorov
Professional Realty Services
Buyer's Agent
Jon Ehrlich
Coldwell Banker Tomlinson
List Price
$134,900
Sold Price
$118,000
Premium/Discount to List
-$16,900
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
Original Mortgage
$88,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2016
Closed on
Dec 14, 2016
Sold by
Oss Paul Melvin and Oss Jeanne Marie
Bought by
Perkins Russell
Seller's Agent
Inna Mayorov
Professional Realty Services
Buyer's Agent
Jon Ehrlich
Coldwell Banker Tomlinson
List Price
$134,900
Sold Price
$118,000
Premium/Discount to List
-$16,900
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bynum Ruby A $278,600 First American Title Ins Co
Perkins Russell J -- Spokane County Title Company
Palouse Residential Properties Llc -- Spokane County Title Company
Perkins Russell $118,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bynum Ruby A $264,670
Previous Owner Perkins Russell $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $278,600 -0.5% $169 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $280,000 +0.5% $170 / Sq Ft
04/09/2020 04/09/20 Off Market $278,600 -- --
04/08/2020 04/08/20 For Sale $280,000 +137.3% $170 / Sq Ft
12/23/2016 12/23/16 Sold $118,000 -12.5% $36 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $134,900 -- $41 / 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 $3,833 $406,300 $75,000 $331,300
2024 $3,833 $386,300 $70,000 $316,300
2023 $3,504 $360,600 $70,000 $290,600
2022 $3,181 $358,200 $60,000 $298,200
2021 $2,180 $182,900 $38,000 $144,900
2020 $1,939 $156,600 $28,000 $128,600
2019 $1,693 $141,350 $33,750 $107,600
2018 $1,894 $135,950 $31,250 $104,700
2017 $1,924 $140,650 $31,250 $109,400
2016 $1,809 $129,350 $31,250 $98,100
2015 $1,848 $129,350 $31,250 $98,100
2014 -- $124,950 $41,250 $83,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202013995

Spokane Association of REALTORS®

APN: 36331.1923