NOT LISTED FOR SALE

3423 E 12th Ave Spokane, WA 99202

Lincoln Heights Neighborhood

Estimated Value: $374,000 - $416,657

4 Beds
2 Baths
2,400 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $210,000 $88 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,424/month

3 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • Oversized Lot
  • Colonial Architecture
  • Formal Dining Room
  • Cul-De-Sac

About This Home

As of September 2019

Investor opportunity abounds in this 1962 one-owner 4 bed, 2 bath, 2 garage home tucked away on a South Hill cul-de-sac. Home has huge equity potential in that the basement has in-law or rental w/outside entrance, pristine hardwood floors always covered with carpet, newer roof, vinyl windows & siding, newer hi-efficiency gas furnace, AC, hot water tank, updated electrical panel, small workshop in backyard w/power, covered deck, new sewer line, 10K fenced yard w/sprinklers, back yard gated boat access.

Last Agent to Sell the Property

Michael Keller

Windermere Manito, LLC License #49029 Listed on: 08/09/2019

Windermere Manito, LLC

Last Buyer's Agent

Sharon Jones

Jones Real Estate, LLC License #17614

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 1962

Lot Details

  • 10,400 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Family Room with entrance to outdoor space
  • Formal Dining Room
  • City Views

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Grab Bars
  • Halls are 32 inches wide or more

Schools

  • Sheridan Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Air Cleaner
  • Storage Shed

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35223.3401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,410

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Accessibility: Doors 32+, Hallways 32+, Grab Bars
  • Class: Residential
  • Style Of Construction: Duplex Up-Down
  • Year Built: 1962
  • Lvt Date: 08/09/2019
  • Common Interest Community: No
  • Geo Address Line: 3423 E 12th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/9/2019 4:27:56 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Jr High: Chase
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 2400
  • Price Per Sq Ft: 87.5
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1200
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Estimated Basement Sq Ft: 1200
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Special Features: Vinyl Wn Fr
  • Design: Colonial
  • Dining Room: Formal, Eat Bar
  • Family/Recreation Room: Bsmt, Outside Ent
  • Features: 200 AMP
  • Fireplace: Masonry, Gas, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Trash Comp, Microwave, Kit Island
  • Primary Bedroom: 1st Flr

Exterior Features

  • Exterior: Vinyl
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Shop Area, Opener, Off St Prkg
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Air Cleaner, Hi Eff Furn (>90%)
  • Power Company: Avista
  • Water Company: City of Sp

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Gas Hot Wtr, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Sheridan

Lot Info

  • Acres Mol: 0.23
  • Estimated Lot Sq Ft: 10400
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 34
  • Loc Numberblks N S: 12
  • Lot Information: View, Fncd Bk Yd, Spr Sys, Level, Culdesac, Oversized, Fenced, Surveyed
  • Lot View: City
  • Parcel Number: 35223.3401
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 2410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Fay Carolyn G
Bought by
Wylie Steven J
Current Estimated Value
$404,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$181,780
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$222,634

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 18, 2019
Sold by
Girffiths Dorie I
Bought by
Bee Ashley D
Seller's Agent
Michael Keller
Windermere Manito, LLC
Buyer's Agent
Sharon Jones
Jones Real Estate, LLC
List Price
$199,975
Sold Price
$210,000
Premium/Discount to List
$10,025
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$199,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 17, 2019
Sold by
Bee Wayne and Bee Ashley D
Bought by
Bee Ashley D
Seller's Agent
Michael Keller
Windermere Manito, LLC
Buyer's Agent
Sharon Jones
Jones Real Estate, LLC
List Price
$199,975
Sold Price
$210,000
Premium/Discount to List
$10,025
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wylie Steven J $100,800 First American Title
Bee Ashley D $210,000 Wfg National Title Ins Co
Bee Ashley D -- Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wylie Steven J $205,000
Previous Owner Bee Ashley D $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2019 09/19/19 Sold $210,000 +5.0% $88 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $199,975 -- $83 / 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 $3,707 $386,500 $120,000 $266,500
2024 $3,707 $373,500 $115,000 $258,500
2023 $3,584 $393,300 $105,000 $288,300
2022 $3,377 $366,400 $88,000 $278,400
2021 $3,159 $265,500 $52,800 $212,700
2020 $2,979 $241,200 $44,000 $197,200
2019 $2,410 $201,500 $38,500 $163,000
2018 $2,593 $186,300 $33,000 $153,300
2017 $2,422 $177,200 $33,000 $144,200
2016 $2,135 $152,800 $33,000 $119,800
2015 $2,121 $148,500 $33,000 $115,500
2014 -- $145,700 $33,000 $112,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Keller

    Windermere Manito, LLC

    Section Image
  • Sharon Jones

    Buyer's Agent in 2019

    Sharon Jones

    Jones Real Estate, LLC

    (206) 423-5823

    93 Total Sales

    Sharon Jones
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201921593

Spokane Association of REALTORS®

APN: 35223.3401

Washington Spokane County Spokane 99202 Lincoln Heights

3423 E 12th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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