NOT LISTED FOR SALE

2417 E 1st Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $338,000 - $490,000

3 Beds
2 Baths
2,716 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $183,000 $67 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,357/month

28 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • 1-Story Property
  • Lewis & Clark High School Rated A
  • Baseboard Heating

About This Home

As of November 2018

Great income producing property. Each unit has 3 bedrooms, 1.5 bathrooms and garage. Basement bedrooms are non-egress. Rent has upside potential but currently at $800 each for long term tenants who want to stay. Newer roof and some new windows have been installed. The duplex next door is available as well. All 4 units are very similar except duplex next door has basement non-egress. Offer on both duplexes simultaneously and negotiate a better price!

Last Agent to Sell the Property

Andrew Wright

Professional Realty Services License #110026 Listed on: 09/11/2018

Professional Realty Services

Last Buyer's Agent

Alicia Rettstatt

Avalon 24 Real Estate License #119197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1951

Lot Details

  • 7,100 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 2,716 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Built-In Range

Schools

  • Chase Middle School
  • Ferris High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil

Community Details

  • 2 Units
  • Water Sewer Expense $1,700

Listing and Financial Details

  • Assessor Parcel Number 35211.0409

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1951
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-341-0577
  • MLS Status: Sold
  • Architectural Style: Bungalow
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished
  • Appliances: Built-In Range/Oven
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 864

Utilities

  • Heating: Oil, Baseboard

Fee Information

  • Annual Water Sewer Expense: 1700

Schools

  • Elementary School: Sheridan
  • High School: Ferris
  • Middle Or Junior School: Chase

Lot Info

  • Parcel Number: 35211.0409
  • Lot Size Sq Ft: 7100

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1538.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 23, 2018
Sold by
Ojcius Aaron M and Ojcius Jennifer R
Bought by
Berger Zachary
Seller's Agent
Andrew Wright
Professional Realty Services
Buyer's Agent
Alicia Rettstatt
Avalon 24 Real Estate
List Price
$195,000
Sold Price
$183,000
Premium/Discount to List
-$12,000
-6.15%
Current Estimated Value
$387,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,558
Avg. Annual Appreciation
11.45%
Original Mortgage
$137,250
Outstanding Balance
$119,945
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$267,613

Purchase Details

Listed on
Feb 4, 2016
Closed on
May 3, 2016
Sold by
Hart Ann B
Bought by
Ojcius Aaron M and Ojcius Jennifer R
Seller's Agent
Jessica Side
Realty One Group Eclipse
Buyer's Agent
Andrew Wright
Professional Realty Services
List Price
$114,495
Sold Price
$112,000
Premium/Discount to List
-$2,495
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.89%
Original Mortgage
$109,971
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2002
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
Dec 26, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
Nov 30, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
Oct 30, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
Sep 28, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
Aug 29, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
Jul 26, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
Jun 27, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B

Purchase Details

Closed on
May 23, 2001
Sold by
Nims Marie A
Bought by
Hart Ann B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Berger Zachary $183,000 None Available
Ojcius Aaron M $112,000 Inland Professional Title Ll
Hart Ann B -- --
Hart Ann B -- --
Hart Ann B -- --
Hart Ann B -- --
Hart Ann B -- --
Hart Ann B -- --
Hart Ann B -- --
Hart Ann B -- --
Hart Ann B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Zachary $137,250
Previous Owner Ojcius Aaron M $109,971
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2018 11/09/18 Sold $183,000 -6.2% $67 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $195,000 +74.1% $72 / Sq Ft
05/18/2016 05/18/16 Sold $112,000 -2.2% $41 / Sq Ft View Prior Sale
05/08/2016 05/08/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $114,495 -- $42 / 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 $3,527 $344,700 $75,000 $269,700
2024 $3,527 $355,300 $70,000 $285,300
2023 $3,123 $366,700 $70,000 $296,700
2022 $2,821 $319,080 $65,680 $253,400
2021 $2,628 $220,690 $37,490 $183,200
2020 $2,317 $187,380 $34,080 $153,300
2019 $1,467 $122,400 $22,500 $99,900
2018 $1,539 $110,350 $17,750 $92,600
2017 $1,718 $125,550 $17,750 $107,800
2016 $1,798 $128,550 $17,750 $110,800
2015 $1,874 $131,150 $17,750 $113,400
2014 -- $131,150 $17,750 $113,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrew Wright

    Professional Realty Services

    Section Image
  • Alicia Rettstatt

    Buyer's Agent in 2018

    Alicia Rettstatt

    Avalon 24 Real Estate

    (208) 660-9364

    6 in this area

    41 Total Sales

    Alicia Rettstatt
    Section Image
  • Jessica Side

    Seller's Agent in 2016

    Jessica Side

    Realty One Group Eclipse

    (509) 327-2238

    16 in this area

    143 Total Sales

    Jessica Side
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201824325

Spokane Association of REALTORS®

APN: 35211.0409

Washington Spokane County Spokane 99202 East Central

2417 E 1st Ave, Spokane, WA

This home is located at 2417 E 1st Ave, Spokane, WA 99202 since 11 September 2018 and is currently estimated at $387,558, approximately $142 per square foot. This property was built in 1951. 2417 E 1st Ave is a home located in Spokane County with nearby schools including Sheridan Elementary School, Chase Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes