NOT LISTED FOR SALE

3423 E Montgomery Ave Spokane, WA 99217

Minnehaha Neighborhood

Estimated Value: $342,000 - $830,968

6 Beds
4 Baths
2,066 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $430,000 $208 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,264/month

6 Days on Market

Highlights

  • Family Room Off Kitchen
  • Tankless Water Heater
  • High Speed Internet
  • Forced Air Heating and Cooling System
  • Dining Room
  • Level Lot

About This Home

As of June 2022

Investor opportunity! Easy cash-flow, low maintenance side-by-side duplex just North of the river with another identical duplex available just next door! Current rents below market value. 2002 built, vinyl siding, vinyl windows, high efficiency gas furnaces AND tankless hot water heaters in ALL units! Rancher style, main floor living w/laundry in individual units. Each unit is a 3 bed/2 bath, primary bedroom with en-suite. Good size living rooms and open kitchen areas. Lots of available parking, great area near Upriver Dr. All units occupied with month-to-month tenants current with rent.

Last Agent to Sell the Property

Jessica Side

Realty One Group Eclipse License #18326 Listed on: 05/20/2022

Realty One Group Eclipse

Last Buyer's Agent

Brenda Tampien

eXp Realty 4 Degrees License #120493

eXp Realty 4 Degrees

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 2002

Lot Details

  • 7,100 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Dining Room
  • Free-Standing Range

Outdoor Features

  • Storage Shed

Schools

  • Cooper Elementary School
  • Shaw Middle School
  • Rogers High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35102.6416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,936

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 2002
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 05/20/2022
  • Common Interest Community: No
  • Geo Match Code: 3
  • Geo Quality: 1
  • Geo Update Timestamp: 5/20/2022 3:25:28 PM
  • Geo Zoom Level: 15
  • Sr High: Rogers
  • Jr High: Shaw
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2066
  • Price Per Sq Ft: 208.13
  • Number of Stories: 1
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr, Off Kit
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

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

Garage/Parking

  • Garage Parking: Off St Prkg
  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Forced Air, Hi Eff Furn (>90%)
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Cable TV, Gas Hot Wtr, Tankls Wtr Htr, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Cooper
  • Middle School: Shaw
  • High School: Rogers
  • School District: Spokane Dist 81
  • Elementary School: Cooper

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 7100
  • Loc Dir E W: E
  • Loc Numberblk E W: 34
  • Estimated Lot Dimension Depth: 142
  • Estimated Lot Dimension Front: 50
  • Lot Information: Level, Open
  • Parcel Number: 35102.6416
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 24

Tax Info

  • Taxes: 2936

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 21, 2022
Sold by
Ju and Gloria
Bought by
Rkt Montgomery Llc
Seller's Agent
Jessica Side
Realty One Group Eclipse
Buyer's Agent
Brenda Tampien
eXp Realty 4 Degrees
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$563,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,492
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Snyder Fara K
Bought by
Ju David and Ju Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,775
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Snyder Fara K
Bought by
Fara K Snyder Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2005
Sold by
Heberling Craig
Bought by
Snyder Fara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Rkt Montgomery Llc -- New Title Company Name
Ju David $173,500 Spokane County Title Co
Fara K Snyder Living Trust -- Pacific Nw Title
Snyder Fara K $135,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ju David $112,775
Previous Owner Snyder Fara K $108,000
Closed Rkt Montgomery Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $430,000 +1.2% $208 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $425,000 -- $206 / 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 $3,319 $344,000 $90,000 $254,000
2024 $3,319 $334,300 $75,000 $259,300
2023 $3,300 $334,300 $75,000 $259,300
2022 $2,936 $337,200 $65,000 $272,200
2021 $2,694 $226,300 $32,500 $193,800
2020 $2,621 $212,100 $29,000 $183,100
2019 $2,372 $198,300 $21,500 $176,800
2018 $2,432 $174,700 $21,500 $153,200
2017 $2,247 $164,400 $21,500 $142,900
2016 $2,075 $148,500 $21,500 $127,000
2015 $2,064 $144,500 $21,500 $123,000
2014 -- $144,500 $21,500 $123,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202216104

Spokane Association of REALTORS®

APN: 35102.6416