NOT LISTED FOR SALE

2603 E 8th Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $286,000 - $340,000

4 Beds
4 Baths
1,750 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $163,000 $93 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,950/month

4 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 4-minute walk to Underhill Park
  • Franklin Elementary School Rated A-
  • 1-Story Property

About This Home

As of March 2018

Bread and butter 1 story duplex on corner lot has solid rental history. Rural setting with all city service. Contiguous duplex available also at 159,900. 24 notice to show required. W, S, T, Ins and Misc are estimated.

Last Agent to Sell the Property

Glenn Sather

Coldwell Banker Schneidmiller Realty License #4761 Listed on: 02/13/2018

Last Buyer's Agent

Francesca Baier

First Look Real Estate License #131574

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Cedar

Interior Spaces

  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 600 Parking Spaces
  • Alley Access
  • Off-Site Parking

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Water Sewer Expense $1,800

Listing and Financial Details

  • Assessor Parcel Number 35214.0910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,507

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, None
  • Co List Office Phone: 208-765-2222
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Cedar

Garage/Parking

  • Parking Features: Off Site, Alley Access
  • Total Parking Spaces: 600

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 1800

Lot Info

  • Parcel Number: 35214.0910
  • Lot Size Sq Ft: 6098

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 27, 2018
Sold by
Dolan Patrick S and Dolan Lori D
Bought by
Schlosser Brandon
Seller's Agent
Glenn Sather
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Francesca Baier
First Look Real Estate
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%
Current Estimated Value
$326,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,041
Avg. Annual Appreciation
9.33%
Original Mortgage
$130,400
Outstanding Balance
$111,985
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$214,056

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 26, 2018
Sold by
Dolan Patrick S and Dolan Lori D
Bought by
Schlosser Brandon
Seller's Agent
Glenn Sather
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Francesca Baier
First Look Real Estate
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Outstanding Balance
$111,985
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$214,056

Purchase Details

Closed on
Oct 24, 2006
Sold by
Dupont Jason A
Bought by
Dolan Patrick S and Dolan Lori D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,792
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Schlosser Brandon -- First American Title
Schlosser Brandon $163,000 First American Title Ins Co
Dolan Patrick S $112,240 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlosser Brandon $130,400
Closed Schlosser Brandon $130,400
Previous Owner Dolan Patrick S $89,792
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $163,000 +1.9% $93 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $159,900 -- $91 / 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 $2,967 $292,700 $75,000 $217,700
2024 $2,967 $298,700 $70,000 $228,700
2023 $2,615 $307,900 $70,000 $237,900
2022 $2,336 $267,000 $63,900 $203,100
2021 $2,175 $182,500 $33,000 $149,500
2020 $1,920 $155,100 $30,000 $125,100
2019 $1,374 $114,600 $22,500 $92,100
2018 $1,632 $117,100 $18,000 $99,100
2017 $1,507 $110,100 $18,000 $92,100
2016 $1,489 $106,400 $18,000 $88,400
2015 $1,479 $103,400 $15,000 $88,400
2014 -- $111,000 $20,000 $91,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Glenn Sather

    Coldwell Banker Schneidmiller Realty

  • Francesca Baier

    Buyer's Agent in 2018

    Francesca Baier

    First Look Real Estate

    (509) 496-6869

    123 Total Sales

    Francesca Baier
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201811836

Spokane Association of REALTORS®

APN: 35214.0910

Washington Spokane County Spokane 99202 East Central

2603 E 8th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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