NOT LISTED FOR SALE

2403 E Rowan Ave Spokane, WA 99217

Hillyard Neighborhood

Estimated Value: $217,000 - $252,000

2 Beds
1 Bath
1,104 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $237,000 $215 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,439/month

98 Days on Market

Highlights

  • RV Access or Parking
  • Baseboard Heating
  • Wood Siding
  • Cooling Available
  • Level Lot
  • 1-Story Property

About This Home

As of March 2022

Fast growing area. Incredible investment opportunity. Single level living at it's best! Single level living at it's best! Check out this beautifully updated 2 bedroom/1 bath home. All new appliances, carpet and paint make this home a beauty. Metal roof, vinyl siding and alley access with room for a garage/carport. So many great features. Close to schools, parks & bus routes.

Last Agent to Sell the Property

Lee Arnold

Keller Williams Spokane - Main License #25890 Listed on: 12/02/2021

Keller Williams Spokane - Main

Last Buyer's Agent

Marilou Buan

EXIT Real Estate North License #42904

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Free-Standing Range

Parking

  • Alley Access
  • RV Access or Parking

Schools

  • Rogers High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 36331.2617

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Paved
  • Class: Rental Income
  • Year Built: 1947
  • Style Of Construction: 1 Story
  • Lvt Date: 12/02/2021
  • Common Interest Community: No
  • Geo Address Line: 2403 E Rowan Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 12/3/2021 1:03:12 AM
  • Geo Zoom Level: 15
  • Sr High: Rogers
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Number of Stories: 1
  • Design: Rancher
  • Kitchen Appliances: Fr Stnd Rng, Refrig

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: RV Parking, Alley Access
  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: City
  • Water Company: City

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6098
  • Lot Information: Level
  • Parcel Number: 36331.2617
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Multi Family

  • Number Of Units: 1
  • Number Units A: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Mar 24, 2022
Sold by
Secured Investments High Yield Fund Ii
Bought by
Powell Flora C
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Marilou Buan
EXIT Real Estate North
List Price
$239,900
Sold Price
$237,000
Premium/Discount to List
-$2,900
-1.21%
Current Estimated Value
$239,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,479
Avg. Annual Appreciation
0.28%

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 7, 2021
Sold by
Sawatzki Brian L and Sawatzki Jennifer L
Bought by
Secured Investment High Yield Fund Ii Ll
Seller's Agent
Hunter Mackay
eXp Realty, LLC
Buyer's Agent
Aryn Presta
Avalon 24 Real Estate
List Price
$174,900
Sold Price
$140,000
Premium/Discount to List
-$34,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.38%

Purchase Details

Closed on
Jul 9, 2009
Sold by
Chapman Matthew J and Chapman Sarah E
Bought by
Sawatzki Brian L and Sawatzki Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,005
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2006
Sold by
Pinnell Katherine E and Pinnell Tim
Bought by
Chapman Matthew J and Chapman Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2002
Sold by
Pinnell Timothy James
Bought by
Pinnell Katherine E and Cisneros Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,720
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2000
Sold by
Kuebler Rhonda K
Bought by
Cisneros Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,672
Interest Rate
7.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Powell Flora C $237,000 First American Title
Secured Investment High Yield Fund Ii Ll $140,000 None Available
Sawatzki Brian L $82,500 Spokane County Title Co
Chapman Matthew J $70,000 Transnation Title
Pinnell Katherine E -- First American Title Ins
Cisneros Katherine E $47,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sawatzki Brian L $81,005
Previous Owner Chapman Matthew J $56,000
Previous Owner Pinnell Katherine E $46,720
Previous Owner Cisneros Katherine E $46,672
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2022 03/28/22 Sold $237,000 -1.2% $215 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $239,900 0.0% $217 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $239,900 0.0% $217 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $239,900 +71.4% $217 / Sq Ft
06/18/2021 06/18/21 Sold $140,000 -20.0% $127 / Sq Ft View Prior Sale
05/14/2021 05/14/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $174,900 -- $158 / 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 $2,257 $226,700 $70,000 $156,700
2024 $2,257 $226,900 $60,000 $166,900
2023 $2,260 $243,900 $60,000 $183,900
2022 $1,942 $230,600 $50,000 $180,600
2021 $1,696 $142,100 $28,000 $114,100
2020 $1,421 $114,500 $20,000 $94,500
2019 $1,249 $104,170 $18,870 $85,300
2018 $1,330 $95,300 $17,000 $78,300
2017 $1,187 $86,600 $17,000 $69,600
2016 $1,176 $83,900 $17,000 $66,900
2015 $1,238 $86,500 $17,000 $69,500
2014 -- $81,200 $22,000 $59,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Arnold

    Seller's Agent in 2022

    Lee Arnold

    Keller Williams Spokane - Main

    (800) 341-9918

    12 in this area

    221 Total Sales

    Lee Arnold
    Section Image
  • Marilou Buan

    Buyer's Agent in 2022

    Marilou Buan

    EXIT Real Estate North

    (509) 995-5477

    1 in this area

    11 Total Sales

    Marilou Buan
    Section Image
  • Hunter Mackay

    Seller's Agent in 2021

    Hunter Mackay

    eXp Realty, LLC

    (509) 723-7709

    5 in this area

    244 Total Sales

    Hunter Mackay
    Section Image
  • Aryn Presta

    Buyer's Agent in 2021

    Aryn Presta

    Avalon 24 Real Estate

    (509) 998-0988

    1 in this area

    77 Total Sales

    Aryn Presta
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202125591

Spokane Association of REALTORS®

APN: 36331.2617

Washington Spokane County Spokane 99208 Hillyard

2403 E Rowan Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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