NOT LISTED FOR SALE

Estimated Value: $531,725 - $703,000

6 Beds
4 Baths
3,544 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $420,000 $119 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,734/month

166 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Patio
  • Northwood Middle School Rated A-
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of November 2020

Own an investment property on the Northside in the sought-after Whitworth District. Enjoy the near by gourmet restaurants, coffee, and ice cream. Each unit of this duplex features 1772 sqft per side with an attached garage, 3 bedrooms, 2 bathrooms, washer and dryer hookups, fenced back yard and a private back patio. Newer roof. Well maintained. Rent rates in the area are $1350 - $1550 a month. Get even more as a VRBO or Airbnb.

Last Agent to Sell the Property

James Cote

Kelly Right Real Estate of Spokane License #120113 Listed on: 03/22/2020

Last Buyer's Agent

James Cote

Kelly Right Real Estate of Spokane License #120113 Listed on: 03/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,775

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Fenced Yard
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Siding

Interior Spaces

  • 3,544 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Schools

  • Northwood Middle School
  • Mead High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36172.3524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,775

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Patio, None
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Interior Features: Alum Wn Fr
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full, Finished, Rec/Family Area
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Site
  • Total Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Evergreen
  • High School: Mead
  • Middle Or Junior School: Northwood

Lot Info

  • Parcel Number: 36172.3524
  • Lot Size Sq Ft: 12225

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Nov 2, 2020
Sold by
Luse John M and Luse Rachel L
Bought by
Luse Ray Walter and Luse Jan Leslie
Seller's Agent
James Cote
Kelly Right Real Estate of Spokane
Buyer's Agent
James Cote
Kelly Right Real Estate of Spokane
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$623,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,931
Avg. Annual Appreciation
7.55%
Original Mortgage
$315,000
Outstanding Balance
$281,581
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$318,092

Purchase Details

Closed on
Sep 9, 2018
Sold by
Henslee Michael T and Estate Fo Betty K Henslee
Bought by
Luse John M and Luse Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Luse Ray Walter $420,000 Vista Title And Escrow Llc
Luse John M $340,000 Spokane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luse Ray Walter $315,000
Previous Owner Luse John M $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $420,000 -4.5% $119 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
05/01/2020 05/01/20 Price Changed $440,000 -2.2% $124 / Sq Ft
03/22/2020 03/22/20 For Sale $450,000 -- $127 / 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 $5,269 $514,600 $105,000 $409,600
2024 $5,269 $512,100 $84,000 $428,100
2023 $4,771 $512,100 $84,000 $428,100
2022 $4,474 $511,500 $80,000 $431,500
2021 $3,885 $332,500 $50,000 $282,500
2020 $2,775 $224,000 $45,000 $179,000
2019 $2,513 $204,700 $38,000 $166,700
2018 $2,665 $185,400 $38,000 $147,400
2017 $2,512 $175,300 $38,000 $137,300
2016 $2,538 $172,300 $38,000 $134,300
2015 $2,430 $168,600 $38,000 $130,600
2014 -- $168,600 $38,000 $130,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202013331

Spokane Association of REALTORS®

APN: 36172.3524