NOT LISTED FOR SALE

2502 N Magnolia St Spokane, WA 99207

Logan Neighborhood

Estimated Value: $471,000 - $686,065

3 Beds
3 Baths
1,450 Sq Ft
$395/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $660,000 $455 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,498/month

7 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Walk-In Closet
  • Lewis & Clark High School Rated A
  • 1 Car Attached Garage
  • Cooling Available

About This Home

As of November 2023

Look no further. Here is a rare opportunity to own a new turnkey duplex in the heart of Spokane. Quality finishes throughout include laminate flooring in the living areas, white shaker cabinets, quartz countertops, and high efficiency mini split heaters in each bedroom. Each unit will be equipped with washer and dryers. Each unit has 3 bedrooms, 2.5 bathrooms, and is 1,450 sq ft. Landscape will be complete. Lewis and Clark high school district.

Last Agent to Sell the Property

Vadim Smelik

Kelly Right Real Estate of Spokane License #120817 Listed on: 09/14/2023

Last Buyer's Agent

Rebecca Flaherty

John L Scott, Spokane Valley License #22011792

John L Scott, Spokane Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,562

Year Built

  • Built in 2023

Lot Details

  • 7,000 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • City Views
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Logan Elementary School
  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Gas Available at Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35092.4711

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,562

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Paved, Rt of Way
  • Class: Rental Income
  • Year Built: 2023
  • Zone: sfr
  • Style Of Construction: 2 Story
  • Lvt Date: 09/14/2023
  • Common Interest Community: No
  • Geo Address Line: 2502 N Magnolia St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/14/2023 7:45:29 PM
  • Geo Zoom Level: 19
  • Sr High: Lewis & Clark
  • Jr High: SHAW
  • Allow Public Comments: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 1450
  • Price Per Sq Ft: 455.17
  • Number of Stories: 2
  • Basement: Crawl
  • Design: Townhse, Traditional
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Washer, Dryer
  • Primary Bedroom: Wlkin Clst, Full Bath

Exterior Features

  • Exterior: Fiber Cement
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 1
  • Number Garages: 2

Utilities

  • Heating/Cooling: Elec, Htpump
  • Power Company: AVISTA
  • Water Company: CITY

Schools

  • School District: Spokane Dist 81
  • Elementary School: LOGAN
  • Middle School: SHAW
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: LOGAN

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 7000
  • Loc Dir E W: e
  • Loc Numberblk E W: 18
  • Estimated Lot Dimension Depth: 140
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Bk Yd, Spr Sys, Level
  • Lot View: City
  • Parcel Number: 35092.4711
  • Site Improvements: Pub Sewer, Swr Conn, Gas Avail-St
  • Loc Numberblk N S: 25
  • Multiple Parcels: No

Multi Family

  • Number Of Units: 2
  • Number Units A: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 25, 2023
Sold by
River City 5 Llc
Bought by
Stanhope Margot
Seller's Agent
Vadim Smelik
Kelly Right Real Estate of Spokane
Buyer's Agent
Rebecca Flaherty
John L Scott, Spokane Valley
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Views
22
Current Estimated Value
$572,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,734
Avg. Annual Appreciation
-7.23%
Original Mortgage
$492,000
Outstanding Balance
$482,878
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$89,388

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 18, 2023
Sold by
Baker Stephen
Bought by
Stanhope Margot
Seller's Agent
Vadim Smelik
Kelly Right Real Estate of Spokane
Buyer's Agent
Rebecca Flaherty
John L Scott, Spokane Valley
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$482,878
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$89,388

Purchase Details

Closed on
Nov 23, 2022
Sold by
Kodiak Management Llc
Bought by
River City 5 Llc

Purchase Details

Closed on
Jul 21, 2022
Sold by
Osm Holdings Llc
Bought by
Kodiak Management Llc

Purchase Details

Closed on
Nov 21, 2007
Sold by
Stebbins Thomas W and Stebbins Karen L
Bought by
Osm Holdings Llc

Purchase Details

Closed on
Nov 16, 2007
Sold by
Lague Daniel L and Lague Deanna H
Bought by
Stebbins Thomas W and Stebbins Karen L
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
Stanhope Margot $660,000 Ticor Title
Stanhope Margot $313 Ticor Title
River City 5 Llc -- Accommodation/Courtesy Recordi
Kodiak Management Llc -- Ticor Title
Osm Holdings Llc -- Pacific Nw Title
Stebbins Thomas W $160,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanhope Margot $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $660,000 -2.2% $455 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $675,000 -- $466 / 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 $5,562 $652,400 $80,000 $572,400
2024 $5,562 $412,500 $65,000 $347,500
2023 $655 $66,000 $65,000 $1,000
2022 $408 $66,000 $65,000 $1,000
2021 $415 $34,000 $33,000 $1,000
2020 $430 $34,000 $33,000 $1,000
2019 $317 $26,000 $25,000 $1,000
2018 $298 $21,000 $20,000 $1,000
2017 $293 $21,000 $20,000 $1,000
2016 $299 $21,000 $20,000 $1,000
2015 $306 $21,000 $20,000 $1,000
2014 -- $21,000 $20,000 $1,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Vadim Smelik

    Kelly Right Real Estate of Spokane

    (509) 981-7292

    4 in this area

    67 Total Sales

    Vadim Smelik
    Section Image

  • R

    Buyer's Agent in 2023

    Rebecca Flaherty

    John L Scott, Spokane Valley

    (509) 768-1082

    1 in this area

    128 Total Sales

    Rebecca Flaherty
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202321834

Spokane Association of REALTORS®

APN: 35092.4711

Washington Spokane County Spokane 99207 Logan

2502 N Magnolia St, Spokane, WA

This home is located at 2502 N Magnolia St, Spokane, WA 99207 since 14 September 2023 and is currently estimated at $572,266, approximately $394 per square foot. This property was built in 2023. 2502 N Magnolia St is a home located in Spokane County with nearby schools including Logan Elementary School, Shaw 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.

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