NOT LISTED FOR SALE

Estimated Value: $548,000 - $614,248

4 Beds
2 Baths
2,005 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $385,000 $192 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,574/month

12 Days on Market

Highlights

  • City View
  • Fenced Yard
  • Patio
  • Hamblen Elementary School Rated A-
  • 2 Car Attached Garage
  • High Speed Internet

About This Home

As of October 2020

This Rare Upper South Hill find is a duplex with 2 bedrooms and 1 bathroom on each side, with an additional space in the basement with a large family room and another large bedroom (roughed in). Each side has their own off street parking with a one car garage along with a beautiful fenced in back yard with a deck and smaller private front yard. Both sides are currently rented out (6 months left on lease) with great tenants who would love to stay in place with a new owner. This is an amazing income property in a great part of town and it will not last long! Come see it before it's gone!

Last Agent to Sell the Property

Patrick Stillman

eXp Realty, LLC Branch License #139058 Listed on: 09/09/2020

eXp Realty, LLC Branch

Co-Listed By

Kristina Carlson

eXp Realty, LLC Branch License #130567

Last Buyer's Agent

Jeremy Bouchey

eXp Realty, LLC Branch License #110297

eXp Realty, LLC Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Chase Middle School
  • Ferris High School

Utilities

  • Heating Available
  • High Speed Internet

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 34041.2906

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,962

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1977
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level
  • Lot Size Acres: 0.32
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: Deck, Patio, None
  • Co List Office Mls Id: SAR1250
  • Co List Office Phone: 509-624-4400
  • Co List Office Phone: 509-624-4400
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Structure Type: Duplex
  • Master Plan Zoning: LDR
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Electric

Schools

  • Elementary School: Hamblen
  • High School: Ferris
  • Middle Or Junior School: Chase

Lot Info

  • Parcel Number: 34041.2906
  • Lot Size Sq Ft: 13940

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3962.5
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Quiros Andrea Obando
Bought by
Lo Ronald
Current Estimated Value
$577,562

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 23, 2020
Sold by
Smith Lloyd Lee and Smith Kirsten K
Bought by
Martin Andrea and Lo Ronald
Seller's Agent
Patrick Stillman
eXp Realty, LLC Branch
Buyer's Agent
Jeremy Bouchey
eXp Realty, LLC Branch
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$288,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Petersen David G
Bought by
Smith Lloyd L and Smith Kristen K

Purchase Details

Closed on
Jul 13, 2003
Sold by
Smith Lloyd Lee and Smith Kristen K
Bought by
Smith Lloyd Lee and Smith Kristen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1998
Sold by
Landis Roderic M and Landis Helen M
Bought by
Smith Lloyd Lee and Smith Kirsten K

Purchase Details

Closed on
Dec 3, 1997
Sold by
Smith Eldon G and Smith Juanita H
Bought by
Smith Lloyd Lee and Smith Kristen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.19%
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
Lo Ronald $313 None Listed On Document
Martin Andrea $385,000 First American Title Ins Co
Smith Lloyd L -- None Available
Smith Lloyd Lee -- Pacific Nw Title
Smith Lloyd Lee -- --
Smith Lloyd Lee $130,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Andrea $426,000
Previous Owner Martin Andrea $288,750
Previous Owner Smith Lloyd Lee $115,000
Previous Owner Smith Lloyd Lee $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $385,000 -3.8% $192 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $400,000 -- $200 / 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 $5,425 $532,400 $110,000 $422,400
2024 $5,425 $513,500 $120,000 $393,500
2023 $5,786 $584,400 $100,000 $484,400
2022 $4,732 $564,200 $95,000 $469,200
2021 $4,541 $360,080 $65,780 $294,300
2020 $3,963 $300,280 $65,780 $234,500
2019 $3,601 $276,900 $59,800 $217,100
2018 $3,665 $240,300 $52,000 $188,300
2017 $3,470 $229,300 $52,000 $177,300
2016 $3,472 $225,300 $52,000 $173,300
2015 $3,376 $223,200 $60,000 $163,200
2014 -- $203,200 $40,000 $163,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202021833

Spokane Association of REALTORS®

APN: 34041.2906