NOT LISTED FOR SALE

Estimated Value: $274,000 - $291,599

2 Beds
1 Bath
1,664 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $65,000 $39 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $1,773/month

42 Days on Market

Highlights

  • Territorial View
  • Victorian Architecture
  • Corner Lot
  • Lewis & Clark High School Rated A
  • Separate Formal Living Room
  • Workshop

About This Home

As of August 2013

This is a Fannie Mae HomePath property. This property is approved for HomePath mtg renovation financing. Classic 1928 home with great nostalgic! All brick, great fixer w/excellent upside potential! Oak hardwood floors, brick wood burning fireplace, formal dining w/built-ins! Large kitchen w/eating space. Full basement w/2nd bedroom. Gonzaga University just 6 blocks SW. Value, location, HomePath mtg renovation financing!

Last Agent to Sell the Property

Fritz Nichols

Windermere Manito, LLC License #20212 Listed on: 07/03/2013

Windermere Manito, LLC

Last Buyer's Agent

Tom Price

First Look Real Estate License #108296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1925

Lot Details

  • 7,100 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Victorian Architecture
  • Bungalow
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Territorial Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Workshop
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Off-Street Parking

Schools

  • Logan Elementary School
  • Shaw Middle School
  • North Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Community Details

  • Heath's Third Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35083.3101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1925
  • Geo Address Line: 228 E Ermina Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/29/2013 7:28:24 PM
  • Geo Zoom Level: 15
  • Sr High: North Central
  • Jr High: Shaw
  • Subdivision/Development: Heath's Third Addition
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1664
  • Price Per Sq Ft: 39.06
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 832
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • First Floor Fireplace: 1
  • Basement: Full, Part Fin, Daylight, Lndry, Workshop
  • Estimated Basement Sq Ft: 832
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 1
  • Special Features: Wood Flr, Wood Wn Fr
  • Design: Bungalow, Victorian
  • Dining Room: Formal, Kit Eat Sp
  • Family/Recreation Room: Bsmt, Formal LR, Den or Office
  • Fireplace: Masonry
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Off St Prkg, Alley Access
  • Garage Size: 1

Utilities

  • Heating/Cooling: Oil, Forced Air
  • Power Company: Avista
  • Water Company: Spokane

Schools

  • School District: Spokane Dist 81
  • Elementary School: Logan
  • Middle School: Shaw
  • High School: North Central
  • School District: Spokane Dist 81
  • Elementary School: Logan

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 7100
  • Loc Dir E W: E
  • Loc Numberblk E W: 2
  • Loc Numberblks N S: 20
  • Estimated Lot Dimension Depth: 142
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Bk Yd, Treed, Level, Corner
  • Lot View: Territorial
  • Parcel Number: 35083.3101
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 1391.99
  • Assessor Parcel Number: 35083.3101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2013
Closed on
Aug 20, 2013
Sold by
Federal National Mortgage Association
Bought by
Tmz Inc
Seller's Agent
Fritz Nichols
Windermere Manito, LLC
Buyer's Agent
Tom Price
First Look Real Estate
List Price
$66,345
Sold Price
$65,000
Premium/Discount to List
-$1,345
-2.03%
Current Estimated Value
$284,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,900
Avg. Annual Appreciation
13.12%
Original Mortgage
$250,000
Outstanding Balance
$188,923
Interest Rate
4.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$97,207

Purchase Details

Closed on
May 23, 2013
Sold by
Reiner Lance I
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 12, 1995
Sold by
Fairfield Glen R
Bought by
Reiner Lance I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,902
Interest Rate
7.8%
Mortgage Type
FHA
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
Tmz Inc $65,000 Inland Professional Title Ll
Federal National Mortgage Association $59,659 First American Title Ins Co
Reiner Lance I $62,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tmz Inc $250,000
Previous Owner Reiner Lance I $61,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $65,000 -2.0% $39 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $66,345 -- $40 / 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 $2,674 $260,000 $75,000 $185,000
2024 $2,674 $269,100 $70,000 $199,100
2023 $2,587 $264,100 $65,000 $199,100
2022 $2,472 $264,100 $65,000 $199,100
2021 $2,111 $177,100 $25,000 $152,100
2020 $1,900 $153,500 $25,000 $128,500
2019 $1,550 $129,400 $23,000 $106,400
2018 $1,556 $111,600 $20,000 $91,600
2017 $1,528 $111,600 $20,000 $91,600
2016 $1,504 $107,500 $20,000 $87,500
2015 $1,496 $104,600 $20,000 $84,600
2014 -- $97,700 $20,000 $77,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201320287

Spokane Association of REALTORS®

APN: 35083.3101