NOT LISTED FOR SALE

2907 E Olympic Ave Spokane, WA 99217

Hillyard Neighborhood

Estimated Value: $250,000 - $299,000

3 Beds
2 Baths
1,676 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $87,000 $52 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,627/month

93 Days on Market

About This Home

As of April 2018

Excellent investment opportunity! Duple;, a one bedroom down stairs and a two bedroom upstairs, both occupied with great tenants! All units have been updated in the past 2-3 years and the roof was replaced in 2016. Please do not disturb tenants.

Last Agent to Sell the Property

Heather Matthias

eXp Realty, LLC License #125383 Listed on: 12/15/2017

Last Buyer's Agent

Phil Neumann

eXp Realty, LLC Branch License #129044

eXp Realty, LLC Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1897

Lot Details

  • 6,350

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,676 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Additional Features

  • 6,350 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36343.2013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,372

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Reso Association Amenities: None
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Basement YN: No
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Electric, Baseboard

Lot Info

  • Parcel Number: 36343.2013
  • Lot Size Sq Ft: 6350

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1372.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2018
Sold by
Mcinroe Carroli and Mcinroe Cathy
Bought by
Mcinore Family Properties Llc
Current Estimated Value
$274,698

Purchase Details

Listed on
Dec 15, 2017
Closed on
Apr 2, 2018
Sold by
Cam13a Llc
Bought by
Mclnroe Carroll and Mclnroe Cathy
Seller's Agent
Heather Matthias
eXp Realty, LLC
Buyer's Agent
Phil Neumann
eXp Realty, LLC Branch
List Price
$100,000
Sold Price
$87,000
Premium/Discount to List
-$13,000
-13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Listed on
Dec 15, 2017
Closed on
Mar 30, 2018
Sold by
Cam 13A Llc
Bought by
Mcinroe Carroll and Mcinroe Cathy
Seller's Agent
Heather Matthias
eXp Realty, LLC
Buyer's Agent
Phil Neumann
eXp Realty, LLC Branch
List Price
$100,000
Sold Price
$87,000
Premium/Discount to List
-$13,000
-13%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Lh Serene Solutions Llc
Bought by
Heath Lorraine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,450
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Jackin Jeff
Bought by
Lh Serene Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,679
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Jackin Richard
Bought by
Jackin Jeff

Purchase Details

Closed on
Sep 5, 2001
Sold by
Koshman William H and Madsen Sally I
Bought by
Jackin Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
7.05%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcinore Family Properties Llc -- None Available
Mclnroe Carroll -- First American Title
Mcinroe Carroll $87,000 First American Title
Heath Lorraine E -- First American Title Ins Co
Lh Serene Solutions Llc $42,280 Spokane County Title Co
Jackin Jeff -- None Available
Jackin Richard $40,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heath Lorraine E $52,450
Previous Owner Lh Serene Solutions Llc $48,679
Previous Owner Jackin Richard $35,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2018 04/05/18 Sold $87,000 -13.0% $52 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $100,000 -- $60 / 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 $2,301 $231,600 $65,000 $166,600
2024 $2,301 $231,400 $55,000 $176,400
2023 $2,041 $223,000 $50,000 $173,000
2022 $1,278 $208,100 $50,000 $158,100
2021 $1,111 $92,700 $23,000 $69,700
2020 $1,080 $86,800 $23,000 $63,800
2019 $1,052 $87,600 $18,000 $69,600
2018 $1,528 $109,600 $18,000 $91,600
2017 $1,372 $100,200 $18,000 $82,200
2016 $1,248 $89,100 $18,000 $71,100
2015 $1,173 $81,900 $18,000 $63,900
2014 -- $81,900 $18,000 $63,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Matthias

    Seller's Agent in 2018

    Heather Matthias

    eXp Realty, LLC

    (509) 720-8657

    1 in this area

    18 Total Sales

    Heather Matthias
    Section Image
  • Phil Neumann

    Buyer's Agent in 2018

    Phil Neumann

    eXp Realty, LLC Branch

    (509) 844-6697

    1 in this area

    49 Total Sales

    Phil Neumann
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201728146

Spokane Association of REALTORS®

APN: 36343.2013

Washington Spokane County Spokane 99217 Hillyard

2907 E Olympic Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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