Seller's Agent in 2024
Tom Hormel
RE/MAX Inland Empire
(509) 879-1128
1 in this area
66 Total Sales
2327 E 5th Ave Spokane, WA 99202
East Central NeighborhoodEstimated Value: $275,472
1
Bed
2
Baths
1,372
Sq Ft
$201/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- High Speed Internet
- Sacajawea Middle School Rated A-
- Patio
- Level Lot
About This Home
As of July 2024Unique opportunity this place is zoned NR which is neighborhood retail with residential permitted living space. If you have ever wanted to live where you work this is your shot. There is a 1 bedroom 1 bath living unit with a good sized kitchen and living room as well as a 3⁄4 bathroom. The commercial side has two rooms as well as a 1⁄2 bath. Both units have a separate entrance. This place comes as is.
Last Agent to Sell the Property
RE/MAX Inland Empire Brokerage Phone: 5098791128 License #21030532 Listed on: 07/08/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1909
Lot Details
- 3,550 Sq Ft Lot
- Level Lot
Parking
- Off-Site Parking
Home Design
- Flat Roof Shape
- Siding
Interior Spaces
- 1,372 Sq Ft Home
- 1-Story Property
- Partially Finished Basement
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Schools
- Sacajawea Middle School
- Lewis & Clark High School
Utilities
- Heating Available
- High Speed Internet
- Cable TV Available
Additional Features
- Patio
- Property is near public transit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 35211.3807
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Aug 28, 2024
Sold by
Urban Empire Homes Llc
Bought by
Gs Bains Properties Llc
Seller's Agent
Tom Hormel
RE/MAX Inland Empire
Buyer's Agent
Erik Dordal
Windermere City Group
List Price
$200,000
Sold Price
$130,000
Premium/Discount to List
-$70,000
-35%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,472
Avg. Annual Appreciation
61.83%
Original Mortgage
$118,404
Outstanding Balance
$116,741
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$158,731
Purchase Details
Listed on
Jul 8, 2024
Closed on
Jul 30, 2024
Sold by
Burney Paul E and Bumey Derek D
Bought by
Urban Empire Homes Llc
Seller's Agent
Tom Hormel
RE/MAX Inland Empire
Buyer's Agent
Erik Dordal
Windermere City Group
List Price
$200,000
Sold Price
$130,000
Premium/Discount to List
-$70,000
-35%
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,404
Outstanding Balance
$116,741
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$158,731
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gs Bains Properties Llc | $275,000 | Ticor Title | |
| Urban Empire Homes Llc | $130,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Urban Empire Homes Llc | $118,404 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $130,000 | -35.0% | $95 / Sq Ft |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $200,000 | -- | $146 / Sq Ft |
Source: Spokane Association of REALTORS®
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 | $1,417 | $128,850 | $53,250 | $75,600 |
| 2024 | $1,417 | $142,050 | $53,250 | $88,800 |
| 2023 | $427 | $143,050 | $53,250 | $89,800 |
| 2022 | $239 | $135,950 | $53,250 | $82,700 |
| 2021 | $252 | $47,500 | $7,100 | $40,400 |
| 2020 | $241 | $44,100 | $7,100 | $37,000 |
| 2019 | $229 | $42,900 | $7,100 | $35,800 |
| 2018 | $258 | $41,700 | $7,100 | $34,600 |
| 2017 | $237 | $40,700 | $7,100 | $33,600 |
| 2016 | $239 | $40,300 | $7,100 | $33,200 |
| 2015 | $245 | $40,300 | $7,100 | $33,200 |
| 2014 | -- | $32,300 | $7,100 | $25,200 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Hormel
-
Erik Dordal
Buyer's Agent in 2024
Erik Dordal
Windermere City Group
(509) 939-7647
22 in this area
323 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202419339
APN: 35211.3807
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Information is deemed reliable but not guaranteed.
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