NOT LISTED FOR SALE

2516 E 7th Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $214,000 - $315,000

1 Bed
1 Bath
1,724 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $105,000 $61 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,569/month

29 Days on Market

Highlights

  • Ranch Style House
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Franklin Elementary School Rated A-
  • Formal Dining Room
  • Back and Front Yard Fenced

About This Home

As of June 2018

Tons of potential in this home! The home features a nice covered front porch, and covered patio with a fully fenced yard. There is 1 bedroom and 1 bathroom on the main floor, as well as a large living room. The partially finished basement could be finished to provide additional bedrooms. The home has gas forced air heat and New roof.

Last Agent to Sell the Property

Tom Hormel

RE/MAX Inland Empire License #21030532 Listed on: 04/30/2018

RE/MAX Inland Empire

Last Buyer's Agent

Zach Skaggs

MV Realty of Washington, LLC License #129396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1923

Lot Details

  • 6,960 Sq Ft Lot
  • Back and Front Yard Fenced

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,724 Sq Ft Home
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Schools

  • Franklin Elementary School
  • Chase Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35214.1002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,035

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Easement, Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1923
  • Lvt Date: 04/30/2018
  • Geo Address Line: 2516 E 7th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/30/2018 7:27:07 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Chase
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1724
  • Price Per Sq Ft: 60.9
  • Bathrooms: 1
  • Bedrooms: 1
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full, Part Fin
  • Basement: Yes
  • Special Features: Mn Flr Util
  • Design: Rancher
  • Dining Room: Formal, Informal
  • Family/Recreation Room: 1st Flr
  • Features: Breakers
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: Avista

Condo/Co-op/Association

  • Amenities: Cable TV, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Franklin
  • Middle School: Chase
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Franklin

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 6960
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 26
  • Loc Numberblks N S: 7
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd
  • Parcel Number: 35214.1002
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 35214.1002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 13, 2018
Sold by
Thomas R K
Bought by
Carlson Aaron B
Seller's Agent
Tom Hormel
RE/MAX Inland Empire
Buyer's Agent
Zach Skaggs
MV Realty of Washington, LLC
List Price
$89,500
Sold Price
$105,000
Premium/Discount to List
$15,500
17.32%
Current Estimated Value
$263,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,860
Avg. Annual Appreciation
13.37%
Original Mortgage
$101,850
Outstanding Balance
$88,827
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$172,907

Purchase Details

Closed on
Mar 28, 2008
Sold by
Thomas R K and Thomas Frances Pearl
Bought by
Thomas R K
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
Carlson Aaron B $105,000 Ticor Title
Thomas R K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Aaron B $4,074
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $105,000 +17.3% $61 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $89,500 -- $52 / 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 $2,035 $200,600 $75,000 $125,600
2024 $2,035 $204,500 $70,000 $134,500
2023 $1,961 $209,700 $70,000 $139,700
2022 $1,696 $199,880 $64,380 $135,500
2021 $1,517 $126,950 $36,750 $90,200
2020 $1,310 $105,510 $33,410 $72,100
2019 $1,105 $92,100 $22,500 $69,600
2018 $1,162 $83,200 $18,000 $65,200
2017 $7 $74,500 $18,000 $56,500
2016 $7 $72,600 $18,000 $54,600
2015 $7 $69,600 $15,000 $54,600
2014 -- $76,200 $20,000 $56,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Hormel

    Seller's Agent in 2018

    Tom Hormel

    RE/MAX Inland Empire

    (509) 879-1128

    1 in this area

    69 Total Sales

    Tom Hormel
    Section Image

  • Z

    Buyer's Agent in 2018

    Zach Skaggs

    MV Realty of Washington, LLC

    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201815998

Spokane Association of REALTORS®

APN: 35214.1002

Washington Spokane County Spokane 99202 East Central

2516 E 7th Ave, Spokane, WA

This home is located at 2516 E 7th Ave, Spokane, WA 99202 since 30 April 2018 and is currently estimated at $263,860, approximately $153 per square foot. This property was built in 1923. 2516 E 7th Ave is a home located in Spokane County with nearby schools including Franklin 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