NOT LISTED FOR SALE

Estimated Value: $293,000 - $398,000

3 Beds
2 Baths
2,912 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $130,500 $45 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,083/month

73 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Baseboard Heating
  • North Central High School Rated A-
  • 1 Car Detached Garage
  • 5-minute walk to Corbin Park

About This Home

As of May 2014

Great Investment opportunity! One of the few duplexes in the area that was actually built as a duplex. Hardwood floors just refinished. Both sides are rented for great cash flow. Tenants pay electricity. Don't miss out!

Last Agent to Sell the Property

Greg Barkley

eXp Realty, LLC Branch License #96854 Listed on: 02/18/2014

Last Buyer's Agent

Mary Ogle

Amplify Real Estate Services License #87623

Amplify Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1958

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Schools

  • Glover Middle School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating

Community Details

  • 2 Units
  • Laundry Facilities
  • Water Sewer Expense $2,280

Listing and Financial Details

  • Assessor Parcel Number 35072.1408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1958
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Laundry
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Interior Features: Wood Floor
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Laundry
  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Garage Door Opener, Off Site
  • Total Parking Spaces: 560

Utilities

  • Heating: Electric, Baseboard, Ductless

Fee Information

  • Annual Water Sewer Expense: 2280

Schools

  • Elementary School: Garfield
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 35072.1408
  • Lot Size Sq Ft: 5000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1813
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Apr 10, 2014
Sold by
Bratton David J
Bought by
Margolis Ron and Margolis Gwen
Seller's Agent
Greg Barkley
eXp Realty, LLC Branch
Buyer's Agent
Mary Ogle
Amplify Real Estate Services
List Price
$133,000
Sold Price
$130,500
Premium/Discount to List
-$2,500
-1.88%
Current Estimated Value
$348,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,515
Avg. Annual Appreciation
8.95%
Original Mortgage
$97,875
Outstanding Balance
$29,465
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$318,550

Purchase Details

Closed on
Jan 13, 2009
Sold by
Us Bank National Association
Bought by
Bratton David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.04%
Mortgage Type
VA

Purchase Details

Closed on
Nov 24, 2008
Sold by
Jordan Bruce F and Jordan Marietta C
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.04%
Mortgage Type
VA

Purchase Details

Closed on
Jan 9, 2007
Sold by
Wales Kent L
Bought by
Jordan Bruce E

Purchase Details

Closed on
Nov 10, 2003
Sold by
Wittry Jonathan M and Wittry Karen S
Bought by
Wales Kent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Margolis Ron $130,500 First American Title Ins Co
Bratton David J $118,000 First American Title Ins Co
Us Bank National Association $138,000 First American Title Ins Co
Jordan Bruce E $165,500 Spokane County Title Co
Wales Kent L $110,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolis Ron $97,875
Previous Owner Bratton David J $118,000
Previous Owner Wales Kent L $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $130,500 -1.9% $45 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $133,000 -- $46 / 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 $2,764 $278,500 $58,500 $220,000
2024 $2,764 $278,200 $49,500 $228,700
2023 $2,803 $286,300 $49,500 $236,800
2022 $2,695 $286,300 $49,500 $236,800
2021 $2,462 $206,700 $27,000 $179,700
2020 $2,183 $176,500 $22,500 $154,000
2019 $1,933 $161,500 $18,000 $143,500
2018 $1,951 $140,100 $18,000 $122,100
2017 $1,770 $129,400 $18,000 $111,400
2016 $1,776 $127,000 $18,000 $109,000
2015 $1,815 $127,000 $18,000 $109,000
2014 -- $127,000 $18,000 $109,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201412195

Spokane Association of REALTORS®

APN: 35072.1408