NOT LISTED FOR SALE

Estimated Value: $328,615 - $379,000

4 Beds
2 Baths
1,874 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $135,000 $72 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,144/month

70 Days on Market

Highlights

  • Fenced Yard
  • Shed
  • Baseboard Heating
  • 985 Car Detached Garage

About This Home

As of April 2016

Don't miss this well maintained townhouse style duplex with a detached carport. Each unit has a kitchen/living room upstairs with w/d hookup and then 2 bedrooms and 1 bath down. Recent updates include flooring, paint and appliances. Vinyl windows are in in place upstairs along with a wall air conditioner and a dishwasher. Each unit has individual electric baseboard heat and a little deck on the south side. At this price, in this condition and with these rents, this property works very well!

Last Agent to Sell the Property

Jay Overholser

SDS Realty, Inc. License #43093 Listed on: 01/26/2016

Last Buyer's Agent

Kim Hagel

eXp Realty, LLC Branch License #112522

eXp Realty, LLC Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,649

Year Built

  • Built in 1981

Lot Details

  • 6,250 Sq Ft Lot
  • Fenced Yard

Home Design

  • Siding

Interior Spaces

  • 1,874 Sq Ft Home
  • 2-Story Property
  • Basement with some natural light

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 985 Car Detached Garage
  • 2 Carport Spaces
  • Alley Access

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • 2 Units
  • Water Sewer Expense $2,160

Listing and Financial Details

  • Assessor Parcel Number 36331.2412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,649

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Reso Association Amenities: None
  • Co List Office Phone: 509-624-1019
  • MLS Status: Sold
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Detached, Carport, Alley Access
  • Total Parking Spaces: 985

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 2160

Lot Info

  • Parcel Number: 36331.2412
  • Lot Size Sq Ft: 6250

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1649
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 23, 2016
Sold by
Kearns Properties Llc
Bought by
Downs Hunter
Seller's Agent
Jay Overholser
SDS Realty, Inc.
Buyer's Agent
Kim Hagel
eXp Realty, LLC Branch
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Current Estimated Value
$348,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,904
Avg. Annual Appreciation
10.64%
Original Mortgage
$132,554
Outstanding Balance
$106,238
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$242,876

Purchase Details

Listed on
Feb 11, 2014
Closed on
Nov 14, 2014
Sold by
August Patrick L and August Leona S
Bought by
Kearns Properties Llc
Seller's Agent
Brian Smith
Windermere Manito, LLC
Buyer's Agent
Brian Smith
Windermere Manito, LLC
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.89%

Purchase Details

Closed on
Nov 14, 2003
Sold by
Cox Douglas B and Cox Jane R
Bought by
August Patrick L and August Leona S

Purchase Details

Closed on
May 7, 1998
Sold by
Terhaar Michael
Bought by
Cox Douglas B and Cox Jane R
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 Buyer Sale Price Title Company
Downs Hunter $135,000 First American Title Ins Co
Kearns Properties Llc $100,000 Inland Professional Title
August Patrick L $95,000 First American Title Ins
Cox Douglas B $84,500 Spokane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Hunter C $6,324
Open Downs Hunter C $26,784
Open Downs Hunter $132,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $135,000 -2.9% $72 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $139,000 +39.0% $74 / Sq Ft
12/01/2014 12/01/14 Sold $100,000 -8.3% --
12/01/2014 12/01/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $109,000 -- --
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 $2,918 $302,900 $75,000 $227,900
2024 $2,918 $293,800 $70,000 $223,800
2023 $2,691 $293,800 $70,000 $223,800
2022 $2,381 $274,800 $60,000 $214,800
2021 $2,098 $176,000 $38,000 $138,000
2020 $1,835 $148,200 $28,000 $120,200
2019 $1,608 $134,250 $33,750 $100,500
2018 $1,799 $129,150 $31,250 $97,900
2017 $1,695 $123,850 $31,250 $92,600
2016 $1,614 $115,350 $31,250 $84,100
2015 $1,649 $115,350 $31,250 $84,100
2014 -- $109,650 $41,250 $68,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201611287

Spokane Association of REALTORS®

APN: 36331.2412