NOT LISTED FOR SALE

2621 E 27th Ave Spokane, WA 99223

Lincoln Heights Neighborhood

Estimated Value: $451,160 - $533,000

6 Beds
2 Baths
2,200 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $425,000 $193 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,925/month

7 Days on Market

Highlights

  • Territorial View
  • Great Room
  • Dual Closets
  • Franklin Elementary School Rated A-
  • 2 Car Detached Garage
  • Building Patio

About This Home

As of December 2021

SOUTH HILL DUPLEX. Great location in Lincoln Heights with a short walk to grocery stores, shopping and restaurants. 2 units each with 3 bedrooms and 1 bathroom, 1,100 SF with a 1 car garage. Updated over the past few years. Great rental history with potential of higher income with lease renewal.

Last Agent to Sell the Property

Mark Hensley

John L Scott, Inc. License #108851 Listed on: 10/21/2021

John L Scott, Inc.

Last Buyer's Agent

Amanda Bowen

eXp Realty, LLC License #123800

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,200 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • T111 Siding

Interior Spaces

  • Dual Closets
  • 2,200 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Dining Room
  • Territorial Views

Kitchen

  • Built-In Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Schools

  • Franklin Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35284.0174

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Additional Features

  • 2 Units
  • Insurance Expense $1,121

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenant Personal Items
  • Year Built: 1969
  • Style Of Construction: Duplex Up-Down
  • Lvt Date: 10/21/2021
  • Common Interest Community: No
  • Geo Address Line: 2621 E 27th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/21/2021 5:22:51 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Year Renovated: 2021
  • Jr High: Chase
  • Allow Public Comments: Yes
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2200
  • Price Per Sq Ft: 193.18
  • Number of Stories: 2
  • Special Features: Mn Flr Util, Wood Wn Fr, Vinyl Wn Fr
  • Dining Room: Informal
  • Family/Recreation Room: Great room, 1st Flr, 2nd Flr
  • Kitchen Appliances: Blt in R/O, Fr Stnd Rng, D/W, Refrig, Disposal, Washer, Dryer
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: T-111
  • Roof: Flat

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 2
  • Number Garages: 2

Utilities

  • Heating/Cooling: Elec, Basebd, Wall A/C
  • Power Company: Avista
  • Water Company: Spokane

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Franklin

Lot Info

  • Acres Mol: 0.19
  • Estimated Lot Sq Ft: 8200
  • Estimated Lot Dimension Depth: 100
  • Estimated Lot Dimension Front: 82
  • Lot Information: View, Spr Sys
  • Lot View: Territorial
  • Parcel Number: 35284.0174
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

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
Oct 21, 2021
Closed on
Jan 31, 2022
Sold by
Storhaug and Astrid
Bought by
2621 27Th Llc
Seller's Agent
Mark Hensley
John L Scott, Inc.
Buyer's Agent
Amanda Bowen
eXp Realty, LLC
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$490,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,790
Avg. Annual Appreciation
3.59%
Original Mortgage
$318,750
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 7, 2021
Sold by
Dodge Raymond G
Bought by
Storhaug Austin and Storhaug Astrid
Seller's Agent
Mark Hensley
John L Scott, Inc.
Buyer's Agent
Amanda Bowen
eXp Realty, LLC
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.09%
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
2621 27Th Llc $313 Wolff Hislop & Crockett Pllc
Storhaug Eric $216,942 None Listed On Document
Storhaug Austin $425,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Storhaug Austin $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $425,000 0.0% $193 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $425,000 -- $193 / 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 $4,299 $417,600 $110,000 $307,600
2024 $4,299 $433,400 $105,000 $328,400
2023 $3,979 $409,900 $57,400 $352,500
2022 $3,225 $406,830 $42,230 $364,600
2021 $2,681 $225,140 $36,740 $188,400
2020 $2,616 $211,680 $36,080 $175,600
2019 $2,162 $180,700 $32,800 $147,900
2018 $2,319 $166,600 $32,800 $133,800
2017 $2,058 $150,500 $32,800 $117,700
2016 $2,094 $149,800 $32,800 $117,000
2015 $2,070 $144,900 $30,000 $114,900
2014 -- $159,500 $30,000 $129,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hensley

    Seller's Agent in 2021

    Mark Hensley

    John L Scott, Inc.

    (509) 998-7200

    3 in this area

    63 Total Sales

    Mark Hensley
    Section Image
  • Amanda Bowen

    Buyer's Agent in 2021

    Amanda Bowen

    eXp Realty, LLC

    (509) 570-6187

    2 in this area

    29 Total Sales

    Amanda Bowen
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202124150

Spokane Association of REALTORS®

APN: 35284.0174

Washington Spokane County Spokane 99223 Lincoln Heights

2621 E 27th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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