NOT LISTED FOR SALE

Estimated Value: $272,000 - $290,000

3 Beds
2 Baths
1,440 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $160,000 $111 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,652/month

49 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • In-Law or Guest Suite
  • Victorian Architecture
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of January 2019

Tastefully updated Duplex, OR single family home + apartment/in-law/Airbnb with separate entrance, you decide! Enjoy all new paint inside and out, new flooring, windows, new siding. Two updated kitchens, cabinets, fixtures, and new tile in the refreshed baths. The main house has a fenced yard and 2 car garage. Don't miss this good income opportunity! Enjoy being close to the revitalized Hillyard district with all kinds of fun shops and eateries, antique stores and more.

Last Agent to Sell the Property

BethAnn Long

RE/MAX Inland Empire Brokerage Phone: 509-362-4607 License #77217 Listed on: 11/30/2018

Co-Listed By

Riley Long

RE/MAX Inland Empire Brokerage Phone: 509-362-4607 License #133798

Last Buyer's Agent

Jon Biron

REAL Broker LLC License #21031877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 1934

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Siding

Interior Spaces

  • In-Law or Guest Suite
  • 1.5-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Disposal

Additional Features

  • Property is near public transit
  • Baseboard Heating

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 36343.0503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,381

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1934
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Laundry
  • Co List Office Mls Id: SAR1061
  • Co List Office Phone: 509-232-0824
  • Attribution Contact: Phone: 509-362-4607
  • Co List Office Phone: 509-232-0824
  • MLS Status: Sold
  • Architectural Style: Victorian
  • Reso Interior Features: In-Law Floorplan
  • Reso Structure Type: One and a Half Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Partial, Finished, Walk-Out Access, See Remarks
  • Appliances: Free-Standing Range, Disposal
  • Basement YN: Yes

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Electric, Baseboard

Lot Info

  • Parcel Number: 36343.0503
  • Lot Size Sq Ft: 6534

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 16, 2019
Sold by
Gieffers Michael J and Gieffers Tina
Bought by
Melberg Ian L and Melberg Jennifer C
Seller's Agent
BethAnn Long
RE/MAX Inland Empire
Buyer's Agent
Jon Biron
REAL Broker LLC
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$274,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,325
Avg. Annual Appreciation
7.53%
Original Mortgage
$157,102
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 27, 2017
Sold by
Gould Dennis T and Gould Jeanette J
Bought by
Gieffers Michael J and Gieffers Tina
Seller's Agent
Larry Kloetsch
RSVP Real Estate Group, Inc.
Buyer's Agent
Jonathan Poehlman
Kelly Right Real Estate of Spokane
List Price
$75,000
Sold Price
$74,000
Premium/Discount to List
-$1,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.97%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Fry Stewart F and Fry Cheryl A
Bought by
Gould Dennis and Gould Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2002
Sold by
Fox Capital Corp
Bought by
Fry Stewart F and Fry Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,213
Interest Rate
6.74%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Brown Vivian L
Bought by
Fox Capital Corp
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
Melberg Ian L $160,000 First American Title Ins Co
Gieffers Michael J $74,000 First American Title Ins Co
Gould Dennis $75,000 First American Title Ins
Fry Stewart F $37,000 Transnation Title Ins Co
Fox Capital Corp $31,733 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melberg Ian L $157,102
Previous Owner Gould Dennis $67,500
Previous Owner Fry Stewart F $39,213
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $160,000 +0.1% $111 / Sq Ft
11/30/2018 11/30/18 For Sale $159,900 +116.1% $111 / Sq Ft
09/29/2017 09/29/17 Sold $74,000 -1.3% $51 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $75,000 -- $52 / 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 $2,381 $239,300 $65,000 $174,300
2024 $2,381 $239,500 $55,000 $184,500
2023 $2,199 $231,100 $50,000 $181,100
2022 $2,247 $224,300 $50,000 $174,300
2021 $2,001 $167,800 $23,000 $144,800
2020 $1,147 $92,300 $23,000 $69,300
2019 $929 $77,300 $18,000 $59,300
2018 $1,087 $77,800 $18,000 $59,800
2017 $979 $71,300 $18,000 $53,300
2016 $1,047 $74,700 $18,000 $56,700
2015 $1,036 $72,300 $18,000 $54,300
2014 -- $72,300 $18,000 $54,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201827646

Spokane Association of REALTORS®

APN: 36343.0503