NOT LISTED FOR SALE

2405 E Bismark Ave Spokane, WA 99208

Hillyard Neighborhood

Estimated Value: $399,000 - $486,000

6 Beds
2 Baths
1,724 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $330,000 $191 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,579/month

Highlights

  • Property is near public transit
  • Patio
  • Forced Air Heating System
  • Territorial View
  • Shed
  • Level Lot

About This Home

As of July 2021

Invest or occupy this well rented northside duplex! Roomy 1724 sqft 3 bedrooms 1 bath in each unit with lots of storage and room to add a 2nd bathroom in basement. Gas forced air and both basement bedrooms are fully egressed. Unit B has Newer carpets, LVP flooring, updated bathroom and paint. 2 car carport with 2 storage shed attached and off street parking. no tenant vacancy and current rents are low.

Last Agent to Sell the Property

Whitney Schumacher

Keller Williams Spokane - Main License #99642 Listed on: 05/06/2021

Keller Williams Spokane - Main

Last Buyer's Agent

Whitney Schumacher

Keller Williams Spokane - Main License #99642 Listed on: 05/06/2021

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1976

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Territorial Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 1 Carport Space
  • Shared Driveway
  • Off-Site Parking

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near public transit

Schools

  • Gary Middle School
  • Rogers High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Furnace
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36331.0823

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,817

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Year Built: 1976
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Cable TV, Patio, None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry, See Remarks
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick Partial, Hardboard Siding
  • Other Structures: Shed(s), See Remarks

Garage/Parking

  • Parking Features: Carport, Off Site, Shared Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Schools

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

Lot Info

  • Parcel Number: 36331.0823
  • Lot Size Sq Ft: 6534

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 28, 2021
Sold by
Kelly Shane M
Bought by
Benitez Santillan Carlos Angel
Seller's Agent
Whitney Schumacher
Keller Williams Spokane - Main
Buyer's Agent
Whitney Schumacher
Keller Williams Spokane - Main
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Current Estimated Value
$431,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,538
Avg. Annual Appreciation
6.16%
Original Mortgage
$324,022
Outstanding Balance
$294,000
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$137,538

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jul 22, 2016
Sold by
Huang Fei and Chen Xiao T
Bought by
Kelly Shane M
Seller's Agent
Daniel Dailey
John L Scott, Inc.
Buyer's Agent
Whitney Schumacher
Keller Williams Spokane - Main
List Price
$134,900
Sold Price
$117,500
Premium/Discount to List
-$17,400
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.35%
Original Mortgage
$88,125
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Hegwer Scott and Hegwer Shauna
Bought by
Huang Fei and Chen Xiao T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,450
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Sullivan Patrick B and Sullivan Amy K
Bought by
Hegwer Scott and Hegwer Shawna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,730
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1995
Sold by
Thorsch Ronald J
Bought by
Sullivan Patrick B and Sullivan Amy K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benitez Santillan Carlos Angel $330,000 Ticor Title Company
Kelly Shane M $117,500 First American Title Ins Co
Huang Fei $143,500 Pacific Nw Title
Hegwer Scott $122,450 Pacific Nw Title
Sullivan Patrick B $72,500 Transamerica Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Santillan Carlos Angel $324,022
Previous Owner Kelly Shane M $88,125
Previous Owner Huang Fei $100,450
Previous Owner Hegwer Scott $97,730
Closed Hegwer Scott $12,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2021 07/12/21 Sold $330,000 +1.5% $191 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $325,000 +176.6% $189 / Sq Ft
08/11/2016 08/11/16 Sold $117,500 -12.9% $34 / Sq Ft View Prior Sale
06/18/2016 06/18/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $134,900 -- $39 / 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 $3,904 $413,000 $75,000 $338,000
2024 $3,904 $393,400 $70,000 $323,400
2023 $3,623 $393,400 $70,000 $323,400
2022 $3,218 $370,400 $60,000 $310,400
2021 $2,818 $236,700 $38,000 $198,700
2020 $2,503 $202,500 $28,000 $174,500
2019 $2,192 $183,250 $33,750 $149,500
2018 $2,462 $176,850 $31,250 $145,600
2017 $2,110 $154,350 $31,250 $123,100
2016 $1,990 $142,350 $31,250 $111,100
2015 $2,033 $142,350 $31,250 $111,100
2014 -- $131,650 $41,250 $90,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Whitney Schumacher

    Seller's Agent in 2021

    Whitney Schumacher

    Keller Williams Spokane - Main

    (509) 251-0670

    4 in this area

    111 Total Sales

    Whitney Schumacher
    Section Image
  • Daniel Dailey

    Seller's Agent in 2016

    Daniel Dailey

    John L Scott, Inc.

    (509) 954-4620

    4 Total Sales

    Daniel Dailey
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202115088

Spokane Association of REALTORS®

APN: 36331.0823

Washington Spokane County Spokane 99208 Hillyard

2405 E Bismark Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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