$550,000
SOLD APR 11, 2025

2628 E Wellesley Ave Spokane, WA 99217

Bemiss Neighborhood
8 Beds
4 Baths
3,300 Sq Ft
10,306 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

8% Below List Price

133 Days on Market

Highlights

  • City View
  • Corner Lot
  • Baseboard Heating
  • Property is near public transit

About This Home

As of April 2025

This well-cared-for 4-plex offers prime convenience near bus lines, shopping, and dining, making it highly attractive for tenants. Each spacious unit includes 2 bedrooms and 1 bathroom, with recent updates adding fresh appeal throughout. All units are equipped with a dishwasher, range, and refrigerator for ease of living. The property also provides both covered and off-street parking, enhancing resident comfort. A fantastic investment in a sought-after location—don’t let this one slip by!

Last Agent to Sell the Property

Lee Arnold

Keller Williams Spokane - Main License #25890 Listed on: 10/29/2024

Keller Williams Spokane - Main

Co-Listed By

Michelle Eyraud-Mendez

Cogo Realty License #22037767

Last Buyer's Agent

Patrick Stillman

eXp Realty, LLC Branch License #139058

eXp Realty, LLC Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,341

Year Built

  • Built in 1978

Lot Details

  • 10,306 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • 35041.0202

Home Design

  • Duplex

Interior Spaces

  • 3,300 Sq Ft Home
  • City Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Carport Spaces
  • Off-Site Parking

Location

  • Property is near public transit

Schools

  • Shaw Middle School
  • Rogers High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 35041.0201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,341

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Corner Lot, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: None
  • Co List Office Mls Id: SAR1665
  • Co List Office Phone: +1 (208) 620-9171
  • Co List Office Phone: +1 (509) 458-4000
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Appliances: Free-Standing Range, Refrigerator
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: Carport, Off Site

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 4

Schools

  • Elementary School: Regal
  • High School: Rogers
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35041.0201
  • Lot Size Sq Ft: 10306
  • Additional Parcels Description: 35041.0202
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5340.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Apr 3, 2025
Sold by
First Choice Real Estate Investment Llc
Bought by
Walcott Gregory and Vando Ang Van
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Patrick Stillman
eXp Realty, LLC Branch
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Views
121
Current Estimated Value
$539,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,000
Avg. Annual Appreciation
-2.26%
Original Mortgage
$412,500
Outstanding Balance
$411,431
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$133,069

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 10, 2024
Sold by
Secured Investment High Yield Fund Ii Ll
Bought by
First Choice Real Estate Investments Llc
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Lee Arnold
Keller Williams Spokane - Main
List Price
$499,900
Sold Price
$449,900
Premium/Discount to List
-$50,000
-10%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.68%
Original Mortgage
$437,034
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 4, 2024
Sold by
Mccluskey P B P and Mccluskey Paul B
Bought by
Secured Investment High Yield Fund Ii Llc
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Lee Arnold
Keller Williams Spokane - Main
List Price
$499,900
Sold Price
$449,900
Premium/Discount to List
-$50,000
-10%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,034
Interest Rate
6.35%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $550,000 First American Title
Warranty Deed $449,900 First American Title
Warranty Deed $346,266 Wfg National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 New Conventional
Previous Owner $437,034 Construction
Previous Owner $93,925 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $550,000 -8.3% $167 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
10/29/2024 10/29/24 For Sale $599,900 +33.3% $182 / Sq Ft
10/15/2024 10/15/24 Sold $449,900 -10.0% $68 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $499,900 0.0% $76 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $499,900 -- $76 / 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 $350 $40,600 $37,500 $3,100
2024 $350 $34,160 $30,860 $3,300
2023 $389 $34,160 $30,860 $3,300
2022 $269 $38,660 $30,860 $7,800
2021 $273 $22,030 $15,430 $6,600
2020 $279 $21,730 $15,430 $6,300
2019 $264 $21,530 $15,430 $6,100
2018 $270 $18,960 $12,860 $6,100
2017 $265 $18,960 $12,860 $6,100
2016 $244 $17,060 $12,860 $4,200
2015 $250 $17,060 $12,860 $4,200
2014 -- $17,050 $12,850 $4,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202424987

Spokane Association of REALTORS®

APN: 35041.0201