NOT LISTED FOR SALE

2401 E Joseph Ave Spokane, WA 99208

Hillyard Neighborhood

Estimated Value: $378,763 - $471,000

4 Beds
2 Baths
3,462 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $285,500 $82 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,574/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Baseboard Heating
  • Community Deck or Porch
  • 2 Car Detached Garage
  • Laundry Facilities
  • 1-Story Property

About This Home

As of October 2020

Great Turn Key Duplex in North Spokane. Newly renovated with vinyl plank flooring, paint and newer vinyl windows. Live on one side or rent both sides out. Well maintained investment property with a 1 car garage for each unit along with private side yards. Major upside potential on these units with a mostly finished downstairs that could be a third bedroom and 2nd bath or a nice en suite. Rents currently gross $2,350. Identical layouts and finishes. This duplex is a half block walk to Hays Park.

Last Agent to Sell the Property

Todd Grubb

Keller Williams Spokane - Main License #101798 Listed on: 08/26/2020

Keller Williams Spokane - Main

Last Buyer's Agent

Andrew Graham

Avalon 24 Real Estate License #135850

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,250 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Garry Middle School
  • Rogers High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 36331.1817

Community Details

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Additional Features

  • 2 Units
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1977
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, Laundry
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full, Finished, Rec/Family Area
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 1043

Utilities

  • Heating: Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 2400

Schools

  • Elementary School: Arlington
  • High School: Rogers
  • Middle Or Junior School: Garry

Lot Info

  • Parcel Number: 36331.1817
  • Lot Size Sq Ft: 6250

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 1, 2020
Sold by
Krauskopf Karl and Krauskopf Marissa
Bought by
Hamby Taylor H
Seller's Agent
Todd Grubb
Keller Williams Spokane - Main
Buyer's Agent
Andrew Graham
Avalon 24 Real Estate
List Price
$275,000
Sold Price
$285,500
Premium/Discount to List
$10,500
3.82%
Current Estimated Value
$428,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,691
Avg. Annual Appreciation
7.99%
Original Mortgage
$242,675
Outstanding Balance
$215,846
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$212,345

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 17, 2018
Sold by
Gregg Amber L and Heath Jeremy J
Bought by
Krauskopf Karl and Krauskopf Marissa
Seller's Agent
Vadim Smelik
Kelly Right Real Estate of Spokane
Buyer's Agent
Tyler Barranger
Haven Real Estate Group
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$168,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2015
Closed on
Nov 24, 2015
Sold by
Hagle Roy W
Bought by
Gregg Amber L
Seller's Agent
Seth Maefsky
Keller Williams Realty Coeur d
Buyer's Agent
Claudia Restrepo
Keller Williams Realty Coeur d
List Price
$129,900
Sold Price
$133,700
Premium/Discount to List
$3,800
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.11%
Original Mortgage
$131,277
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2005
Sold by
Hagle Roy W
Bought by
Hagle Roy W and Roy W Hagle Jr Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamby Taylor H $285,500 Ticor Title Co
Krauskopf Karl $225,000 Spokane County Title Co
Gregg Amber L $133,700 First American Title Ins Co
Hagle Roy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamby Taylor H $242,675
Previous Owner Krauskopf Karl $168,750
Previous Owner Gregg Amber L $131,277
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2020 10/07/20 Sold $285,500 +0.2% $82 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/30/2020 08/30/20 Price Changed $285,000 +3.6% $82 / Sq Ft
08/26/2020 08/26/20 For Sale $275,000 +22.2% $79 / Sq Ft
09/25/2018 09/25/18 Sold $225,000 0.0% $65 / Sq Ft View Prior Sale
09/18/2018 09/18/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $225,000 +68.3% $65 / Sq Ft
11/25/2015 11/25/15 Sold $133,700 +2.9% $39 / Sq Ft View Prior Sale
10/03/2015 10/03/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $129,900 -- $38 / 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 $4,017 $424,700 $75,000 $349,700
2024 $4,017 $404,900 $70,000 $334,900
2023 $3,881 $404,900 $70,000 $334,900
2022 $3,218 $396,800 $60,000 $336,800
2021 $2,867 $240,900 $38,000 $202,900
2020 $2,561 $207,200 $28,000 $179,200
2019 $1,824 $152,350 $33,750 $118,600
2018 $2,044 $146,750 $31,250 $115,500
2017 $1,921 $140,450 $31,250 $109,200
2016 $2,011 $143,850 $31,250 $112,600
2015 $2,055 $143,850 $31,250 $112,600
2014 -- $132,850 $41,250 $91,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Grubb

    Seller's Agent in 2020

    Todd Grubb

    Keller Williams Spokane - Main

    (509) 999-1796

    3 in this area

    123 Total Sales

    Todd Grubb
    Section Image
  • Andrew Graham

    Buyer's Agent in 2020

    Andrew Graham

    Avalon 24 Real Estate

    (509) 899-1774

    1 in this area

    272 Total Sales

    Andrew Graham
    Section Image
  • Zac Scott

    Buyer Co-Listing Agent in 2020

    Zac Scott

    Avalon 24 Real Estate

    (509) 868-5244

    172 Total Sales

    Zac Scott
    Section Image

  • S

    Buyer Co-Listing Agent in 2020

    Shawnna Rima

    Windermere Manito, LLC

    28 Total Sales

    Shawnna Rima
    Section Image

  • V

    Seller's Agent in 2018

    Vadim Smelik

    Kelly Right Real Estate of Spokane

    (509) 981-7292

    1 in this area

    67 Total Sales

    Vadim Smelik
    Section Image

  • T

    Buyer's Agent in 2018

    Tyler Barranger

    Haven Real Estate Group

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202021084

Spokane Association of REALTORS®

APN: 36331.1817

Washington Spokane County Spokane 99208 Hillyard

2401 E Joseph Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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