NOT LISTED FOR SALE

326 E Wabash Ave Spokane, WA 99207

Nevada Lidgerwood Neighborhood

Estimated Value: $282,000 - $346,000

4 Beds
2 Baths
1,886 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $125,000 $66 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,864/month

20 Days on Market

Highlights

  • RV Access or Parking
  • Detached Garage
  • Baseboard Heating
  • 2-Story Property
  • Shed
  • Utility Room

About This Home

As of March 2018

Tremendous potential to own your own duplex as an income property. Please view the pictures to see what rehab needs to take place. Each unit has 2 bedrooms and one bath, a large living room and a nice size kitchen with laundry hookups, dining area with a slider to the backyard. Each unit has a storage shed and covered parking under a carport on the alley. This neighborhood is under a general rehab as you will see. It has great potential.

Last Agent to Sell the Property

Dwight Hille

Windermere North License #28225 Listed on: 03/09/2018

Last Buyer's Agent

Tim Todd

Windermere North License #25860

Windermere North

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 5,140

Home Design

  • 2-Story Property
  • Brick Exterior Construction

Interior Spaces

  • 1,886 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Utility Room
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Alley Access
  • RV Access or Parking

Outdoor Features

  • Shed

Utilities

  • Furnace
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36323.1507

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-467-6640
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Utility Room, Alum Wn Fr
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Walk-Out Access

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick Partial, See Remarks
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Detached, Carport, RV Parking, Alley Access

Utilities

  • Heating: Gas Hot Air Furnace, Baseboard

Lot Info

  • Parcel Number: 36323.1507

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Flanigan Investments Llc
Bought by
Fnf Investments Llc
Current Estimated Value
$313,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Outstanding Balance
$390,133
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
-$76,961

Purchase Details

Listed on
Mar 9, 2018
Closed on
Mar 28, 2018
Sold by
Carlson Eric D and Carlson Amanda B
Bought by
Flanigan Investments Llc
Seller's Agent
Dwight Hille
Windermere North
Buyer's Agent
Tim Todd
Windermere North
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$140,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2018
Closed on
Mar 26, 2018
Sold by
Carlson Eric D and Carlson Amanda B
Bought by
Flanigan Investments Llc
Seller's Agent
Dwight Hille
Windermere North
Buyer's Agent
Tim Todd
Windermere North
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
Carlson Eric D and Carlson Amanda B
Bought by
Carlson Eric D and Carlson Amanda B

Purchase Details

Closed on
Jun 29, 2007
Sold by
Husson Cheri K and Dirk Cheri K
Bought by
Carlson Eric D and Carlson Amanda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1996
Sold by
Martin Louise M
Bought by
Dirk Cheri K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,550
Interest Rate
8.12%
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
Fnf Investments Llc -- Spokane County Title Company
Flanigan Investments Llc -- First American Title
Flanigan Investments Llc $125,000 First American Title Ins Co
Carlson Eric D -- None Available
Carlson Eric D $165,000 Stewart Title Of Spokane
Husson Cheri K -- Stewart Title Of Spokane
Dirk Cheri K $89,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fnf Investments Llc $446,250
Previous Owner Flanigan Investments Llc $140,000
Previous Owner Flanigan Investments Llc $140,000
Previous Owner Carlson Eric D $132,000
Previous Owner Dirk Cheri K $80,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $125,000 0.0% $66 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $125,000 -- $66 / 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 $2,675 $292,200 $68,000 $224,200
2024 $2,675 $269,200 $60,000 $209,200
2023 $2,327 $237,400 $55,000 $182,400
2022 $1,963 $237,400 $55,000 $182,400
2021 $1,771 $148,400 $30,000 $118,400
2020 $1,590 $128,300 $30,000 $98,300
2019 $1,415 $118,100 $22,000 $96,100
2018 $1,460 $104,700 $20,000 $84,700
2017 $1,381 $100,800 $20,000 $80,800
2016 $1,415 $101,100 $20,000 $81,100
2015 $1,519 $106,200 $27,500 $78,700
2014 -- $95,900 $27,500 $68,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dwight Hille

    Windermere North

    Section Image
  • Tim Todd

    Buyer's Agent in 2018

    Tim Todd

    Windermere North

    (509) 951-8885

    45 Total Sales

    Tim Todd
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201812940

Spokane Association of REALTORS®

APN: 36323.1507

Washington Spokane County Spokane 99207 Nevada Lidgerwood

326 E Wabash Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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