$449,900
SOLD OCT 15, 2024

2628 E Wellesley Ave Spokane, WA 99217

Bemiss Neighborhood
8 Beds
4 Baths
6,600 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

10% Below List Price

5 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Fenced Yard
  • Territorial View
  • No HOA
  • Heating Available

About This Home

As of April 2025

Prime Investment Opportunity: 4-Plex in a Convenient Location This well-maintained 4-plex is ideally situated near bus routes, shopping, and dining options, offering convenience for tenants. Each unit features 2 bedrooms and 1 bathroom, with spacious layouts. The two upper units are currently vacant, presenting immediate rental potential. Recent updates have been made, enhancing the appeal of the property. All units come equipped with a dishwasher, range, and refrigerator for tenant convenience. The property includes both covered and off-street parking, providing added comfort for residents. An excellent investment opportunity in a desirable location! Don't miss out on this one.

Last Agent to Sell the Property

Lee Arnold

Keller Williams Spokane - Main License #25890 Listed on: 09/06/2024

Keller Williams Spokane - Main

Co-Listed By

Michelle Eyraud-Mendez

Cogo Realty License #22037767

Last Buyer's Agent

Lee Arnold

Keller Williams Spokane - Main License #25890 Listed on: 09/06/2024

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1978

Lot Details

  • Fenced Yard
  • Corner Lot
  • Level Lot
  • 35041.0202

Interior Spaces

  • 6,600 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Carport Spaces
  • Off-Site Parking

Location

  • Property is near public transit

Schools

  • Glover Middle School
  • Shadle Park High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 35041.0201

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Fenced Yard, Level, Corner Lot, City Bus (w/in 6 blks)
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Co List Office Mls Id: SAR1665
  • Co List Office Phone: (208) 620-9171
  • Co List Office Phone: (509) 458-4000
  • MLS Status: Sold
  • Architectural Style: Other
  • New Construction: No
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: No
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: Carport, Off Site

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Brown
  • High School: Shadle Park
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 35041.0201
  • Additional Parcels Description: 35041.0202
  • Additional Parcels: Yes

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: 202422561

Spokane Association of REALTORS®

APN: 35041.0201