NOT LISTED FOR SALE

Estimated Value: $490,086 - $572,000

6 Beds
4 Baths
3,200 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $500,000 $156 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,160/month

1 Day on Market

Highlights

  • Forced Air Heating and Cooling System
  • Dining Room
  • Storage Shed
  • Bungalow
  • High Speed Internet

About This Home

As of February 2022

Newer north side duplex! Each unit features 3 bedrooms, 2 full bathrooms, a finished bonus room in the basement and carport with extra secured storage. Units have separate water meters along with gas heat, forced air and individual central A/C units. Unit 2407 has been updated with new paint, carpet, blinds and a new hot water heater. Invest for immediate cash flow with two occupied units, or update Unit 2409 to increase rent potential, OR move in to one side and reap the benefits of having tenants pay down your mortgage! *Occupied, PLEASE DO NOT DISTURB tenants!!*

Last Agent to Sell the Property

Taci VanLeuven Riddle

eXp Realty, LLC License #123348 Listed on: 01/03/2022

eXp Realty, LLC

Last Buyer's Agent

David Crosby

American Dream Homes License #12439

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1999

Lot Details

  • 6,098

Home Design

  • Duplex
  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bedroom located in the basement
  • 3,200 Sq Ft Home
  • Dining Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 2 Carport Spaces
  • 2 Car Parking Spaces
  • Alley Access
  • Off-Street Parking

Schools

  • Rogers High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Storage Shed
  • 6,098 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36331.1323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,042

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd
  • Class: Rental Income
  • Excluded Items: Tenants' personal property, W/D
  • Year Built: 1999
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 01/03/2022
  • Common Interest Community: No
  • Geo Address Line: 2407 E Columbia Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/3/2022 5:01:56 PM
  • Geo Zoom Level: 15
  • Sr High: Rogers
  • Year Renovated: 2021
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 3200
  • Price Per Sq Ft: 156.25
  • Basement: Full, Finished, Fam/Rec Rm, Lndry
  • Basement: Yes
  • Special Features: Vinyl Wn Fr
  • Design: Bungalow
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Primary Bedroom: Bsmt
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Vinyl
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Carport Size: 2
  • Garage Parking: Carport, Off St Prkg, Alley Access
  • Number Carports: 2
  • Number Parking Spaces: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C

Condo/Co-op/Association

  • Amenities: Gas Hot Wtr

Schools

  • School District: Spokane Dist 81
  • High School: Rogers
  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6098
  • Parcel Number: 36331.1323
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 3042

Multi Family

  • Number Air Cond: 2
  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 10, 2022
Sold by
Thomas David E
Bought by
Edwards Randall A
Seller's Agent
Taci VanLeuven Riddle
eXp Realty, LLC
Buyer's Agent
David Crosby
American Dream Homes
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%
Current Estimated Value
$523,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,522
Avg. Annual Appreciation
1.47%
Original Mortgage
$490,943
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 1, 2018
Sold by
Tachell Janet K
Bought by
Thomas David E
Seller's Agent
Dorothy Yeaw
Heart and Homes NW Realty
Buyer's Agent
Cally Duncan
4 Degrees Real Estate
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.61%
Original Mortgage
$222,323
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2002
Sold by
Ziegler Lumber Company
Bought by
Smithson Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
6.37%
Mortgage Type
Commercial
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
Edwards Randall A $500,000 Ticor Title
Thomas David E $230,000 First American Title
Smithson Janet $121,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Edwards Randall A $490,943
Previous Owner Thomas David E $222,323
Previous Owner Smithson Janet $109,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $500,000 +11.1% $156 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $450,000 +95.7% $141 / Sq Ft
08/08/2018 08/08/18 Sold $230,000 +2.3% $64 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $224,900 -- $62 / 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 $4,624 $480,000 $70,000 $410,000
2024 $4,624 $466,200 $60,000 $406,200
2023 $4,304 $466,200 $60,000 $406,200
2022 $3,587 $440,200 $50,000 $390,200
2021 $3,042 $255,600 $28,000 $227,600
2020 $2,735 $221,300 $20,000 $201,300
2019 $2,023 $169,070 $18,870 $150,200
2018 $2,156 $154,800 $17,000 $137,800
2017 $1,897 $138,700 $17,000 $121,700
2016 $1,857 $132,800 $17,000 $115,800
2015 $1,823 $127,600 $17,000 $110,600
2014 -- $114,800 $22,000 $92,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202210034

Spokane Association of REALTORS®

APN: 36331.1323