NOT LISTED FOR SALE

Estimated Value: $363,000 - $391,000

4 Beds
3 Baths
3,136 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $170,000 $54 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,265/month

12 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 1-Story Property
  • Fenced Yard
  • Wood Burning Fireplace

About This Home

As of March 2018

8.6% cap rate investment opportunity. Long-term tenants in place who would love to stay. Duplex with 3 bedrooms, 1.75 baths and 3 bedrooms, 1 bathroom and fenced backyards.

Last Agent to Sell the Property

Julie Kuhlmann

Coldwell Banker Tomlinson License #75230 Listed on: 02/08/2018

Coldwell Banker Tomlinson

Last Buyer's Agent

Teresa Jaynes

Windermere City Group License #91857

Windermere City Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1977

Lot Details

  • 5,100 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot

Home Design

  • Metal Construction or Metal Frame

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 1,031 Parking Spaces
  • 2 Carport Spaces
  • Alley Access
  • Shared Driveway
  • Off-Site Parking

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Water Sewer Expense $2,920

Listing and Financial Details

  • Assessor Parcel Number 35053.2526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Corner Lot
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, None
  • Co List Office Phone: 509-921-7400
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Rec/Family Area, Laundry
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Metal

Garage/Parking

  • Parking Features: Off Site, Alley Access, Shared Driveway
  • Total Parking Spaces: 1031

Utilities

  • Heating: Electric, Baseboard

Fee Information

  • Annual Water Sewer Expense: 2920

Lot Info

  • Parcel Number: 35053.2526
  • Lot Size Sq Ft: 5100

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 21, 2018
Sold by
Hasselbach Jill L
Bought by
Hasselbach Scott
Seller's Agent
Julie Kuhlmann
Coldwell Banker Tomlinson
Buyer's Agent
Teresa Jaynes
Windermere City Group
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$374,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,043
Avg. Annual Appreciation
11.07%
Original Mortgage
$127,500
Outstanding Balance
$111,695
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$262,348

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 16, 2018
Sold by
Hasselbach Jill L and Hasselbach Scott
Bought by
Hasselbach Scott
Seller's Agent
Julie Kuhlmann
Coldwell Banker Tomlinson
Buyer's Agent
Teresa Jaynes
Windermere City Group
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$111,695
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$262,348

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 6, 2018
Sold by
Jackson Donna and Genschorck Donna Patrice
Bought by
Howland Eric and Howland Patricia
Seller's Agent
Julie Kuhlmann
Coldwell Banker Tomlinson
Buyer's Agent
Teresa Jaynes
Windermere City Group
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$111,695
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$262,348

Purchase Details

Closed on
Sep 6, 2005
Sold by
Genschorck Gerald W
Bought by
Genschorck Donna Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Yuen Margaret Kwei On
Bought by
Lystad Cheryl
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
Hasselbach Scott -- Ticor Title
Howland Eric -- Ticor Title
Hasselbach Scott -- Ticor Title Co
Howland Eric $1,700,000 Ticor Title Co
Genschorck Donna Patrice -- First American Title Ins
Genschorck Donna Patrice $139,900 First American Title Ins
Lystad Cheryl $96,750 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howland Eric $127,500
Closed Howland Eric $127,500
Previous Owner Genschorck Donna Patrice $109,900
Previous Owner Genschorck Donna Patrice $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $170,000 -2.9% $54 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $175,000 -- $56 / 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 $3,380 $356,800 $75,000 $281,800
2024 $3,380 $340,500 $70,000 $270,500
2023 $3,403 $335,500 $65,000 $270,500
2022 $3,116 $347,800 $65,000 $282,800
2021 $2,355 $197,700 $35,000 $162,700
2020 $2,257 $182,500 $35,000 $147,500
2019 $2,028 $169,500 $23,500 $146,000
2018 $2,051 $147,300 $20,000 $127,300
2017 $1,920 $140,400 $20,000 $120,400
2016 $2,013 $144,000 $20,000 $124,000
2015 $1,967 $137,700 $20,000 $117,700
2014 -- $136,100 $20,000 $116,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201811690

Spokane Association of REALTORS®

APN: 35053.2526