NOT LISTED FOR SALE

Estimated Value: $390,733 - $560,000

6 Beds
4 Baths
3,584 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $181,500 $51 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $3,001/month

62 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • Cul-De-Sac
  • Property is near public transit
  • Oversized Lot
  • Patio

About This Home

As of May 2016

LOOKING FOR A GREAT SPOKANE VALLEY DUPLEX with CASH FLOW??? THIS IS IT!!! Unit 2714 has 3 beds, 1 1/2 bathes with 2 add'l RI bedrooms in the lower level. Unit 2716 has 4 beds, 2 baths with a finished bedroom, kitchenette (no stove), and outside entrance in the lower level. Each unit is approx 1,790 Sq Ft. Each has a nice patio, fenced backyard, storage shed, etc. Well maintained! Great center Valley Location with easy access to I90. Buyer to assume Sewer CFR balance of $1,298.

Last Agent to Sell the Property

Debra Rowe

Designed Real Estate License #74995 Listed on: 02/18/2016

Last Buyer's Agent

Kimberly Rae Cornelius

Windermere Valley License #119077

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1976

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Oversized Lot
  • Level Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Siding

Interior Spaces

  • 3,584 Sq Ft Home
  • Aluminum Window Frames
  • Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 485 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near public transit

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Satellite Dish

Community Details

  • 2 Units
  • Water Sewer Expense $203

Listing and Financial Details

  • Assessor Parcel Number 45091.2502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,135

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Year Built: 1976
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Cul-De-Sac, City Bus (w/in 6 blks), Oversized Lot
  • Lot Size Acres: 0.27
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Satellite Dish, Patio, None
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Alum Wn Fr
  • Reso Structure Type: Four Level
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Laundry, See Remarks
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 485

Utilities

  • Heating: Electric, Baseboard, Ductless
  • NumberOfRanges: 1

Fee Information

  • Annual Water Sewer Expense: 203

Schools

  • Elementary School: Trent
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 45091.2502
  • Lot Size Sq Ft: 11815

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2135
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
May 3, 2016
Sold by
Cloy Lamont N and Cloy Shelley L
Bought by
Cloy Shelley L
Seller's Agent
Debra Rowe
Designed Real Estate
Buyer's Agent
Kimberly Rae Cornelius
Windermere Valley
List Price
$198,000
Sold Price
$181,500
Premium/Discount to List
-$16,500
-8.33%
Current Estimated Value
$497,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,888
Avg. Annual Appreciation
11.00%
Original Mortgage
$145,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2014
Sold by
Pielaet Anita M and Pielaet David L
Bought by
Pielaet Anita M and Pielaet David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,338
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Porter Kelly J
Bought by
Pielaet David L and Pielaet Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1998
Sold by
Taylor Toni
Bought by
Porter Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
6.69%
Mortgage Type
FHA
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
Cloy Shelley L -- Inland Professional Title
Cloy Shelley L $181,500 Inland Professional Title
Eylar Anita M -- Inland Professional Title
Pielaet Anita M -- First American Title Ins Co
Pielaet David L $157,500 Transnation Title
Porter Kelly J $107,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloy Shelley L $187,500
Closed Cloy Shelley L $145,200
Previous Owner Pielaet Anita M $149,338
Previous Owner Pielaet David L $160,000
Previous Owner Pielaet David L $157,500
Previous Owner Porter Kelly J $25,500
Previous Owner Porter Kelly J $106,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $181,500 -8.3% $51 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $198,000 -- $55 / 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 $3,334 $436,600 $110,000 $326,600
2024 $3,334 $348,800 $75,000 $273,800
2023 $3,319 $363,700 $65,000 $298,700
2022 $3,155 $348,800 $65,000 $283,800
2021 $2,838 $238,200 $40,000 $198,200
2020 $2,693 $214,200 $34,500 $179,700
2019 $2,418 $196,800 $34,500 $162,300
2018 $2,448 $185,400 $34,500 $150,900
2017 $2,424 $185,400 $34,500 $150,900
2016 $2,134 $164,400 $34,500 $129,900
2015 $2,195 $163,100 $31,500 $131,600
2014 -- $147,500 $31,500 $116,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201612290

Spokane Association of REALTORS®

APN: 45091.2502