NOT LISTED FOR SALE

2628 E Wellesley Ave Spokane, WA 99217

Bemiss Neighborhood

Estimated Value: $274,000 - $521,000

8 Beds
4 Baths
3,300 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2025

Last sale price $550,000 $167 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,393 / mo

133 Days on Market

Highlights

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

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

Cogo Realty License #M25890 Listed on: 10/29/2024

Co-Listed By

Michelle Eyraud-Mendez

Cogo Realty License #22037767

Last Buyer's Agent

Patrick Stillman

Keller Williams Spokane - Main License #139058

Keller Williams Spokane - Main

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
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

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

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

10,306 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Apr 3, 2025
Sold by
Bought by
Seller's Agent
Lee Arnold
Cogo Realty
Buyer's Agent
Patrick Stillman
Keller Williams Spokane - Main
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Views
121
Current Estimated Value
$428,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$121,667
Avg. Annual Appreciation
-17.50%
Original Mortgage
$412,500
Outstanding Balance
$407,352
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$20,981

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 10, 2024
Sold by
Bought by
Seller's Agent
Lee Arnold
Cogo Realty
Buyer's Agent
Lee Arnold
Cogo Realty
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
Bought by
Seller's Agent
Lee Arnold
Cogo Realty
Buyer's Agent
Lee Arnold
Cogo Realty
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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $412,500
Previous Owner $437,034
Previous Owner $93,925
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $486 $40,600 $37,500 $3,100
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202424987

Spokane Association of REALTORS®

APN: 35041.0201

Your Personal Tour Guide

Ask me questions while you tour the home.