NOT LISTED FOR SALE

3505 E 2nd Ct Mead, WA 99021

Estimated Value: $280,000 - $1,426,000

12 Beds
6 Baths
1,642 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $1,250,000 $761 Per Sq Ft

Current estimated payment $3,580/month

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of March 2022

Three well built and professionally managed side by side duplexes Under market rents, long term tenants. Low maintenance. Easy to maintain landscaping with sprinkler system.

Last Agent to Sell the Property

josh thosath

NuKey Realty & Property Mgmt, License #24986 Listed on: 02/24/2022

Last Buyer's Agent

Jon Ehrlich

Coldwell Banker Tomlinson License #25845

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,594

Year Built

  • Built in 1997

Lot Details

  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,642 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 200+ Amp Service
  • Septic System

Community Details

  • 6 Units
  • Water Sewer Expense $5,104

Listing and Financial Details

  • Assessor Parcel Number 36102.0228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,594

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: tenant belongings
  • Year Built: 1997
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 02/24/2022
  • Common Interest Community: No
  • Geo Address Line: 3505 E 2nd Ct # 21
  • Geo Primary City: Mead
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/25/2022 12:00:23 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1642
  • Price Per Sq Ft: 761.27
  • Number of Stories: 1
  • Basement: Slab
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave
  • Number of Ranges: 6
  • Number of Refrigerators: 6

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 2
  • Number Garages: 6
  • Number Parking Spaces: 6

Utilities

  • Heating/Cooling: El Wall Unit, Wall A/C
  • Power Company: Avista
  • Water Company: County #3

Schools

  • School District: Mead
  • School District: Mead

Lot Info

  • Loc Dir E W: e
  • Loc Numberblk E W: 35
  • Lot Information: Spr Sys, Level
  • Parcel Number: 36102.0228
  • Site Improvements: Septic Sys, Pub Wtr
  • Loc Numberblk N S: 118
  • Additional Assessor Parcel Numbers: 36102.0226 36102.0227 36102.0228
  • Multiple Parcels: Yes

Multi Family

  • Number Air Cond: 6
  • Number Of Units: 6
  • Number Units A: 2
  • Number Units B: 2
  • Number Units C: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Gratus Investments Llc
Bought by
Diamond Rock Financial Llc
Current Estimated Value
$618,590

Purchase Details

Closed on
Feb 28, 2019
Sold by
Chartwell Properties Llc
Bought by
3505 2Nd Court Llc

Purchase Details

Closed on
Oct 14, 2013
Sold by
Spring Living Trust and Spring Jeffrey D
Bought by
Chartwell Properties Llc

Purchase Details

Closed on
Aug 8, 2013
Sold by
Chartwell Properties Llc
Bought by
Spring Jeffrey D and Spring Constance L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2005
Sold by
Spring James J and Spring Vikki E
Bought by
Chartwell Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 2005
Sold by
Chartwell Properties Llc
Bought by
Spring James J and Spring Vikki E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 17, 1998
Sold by
Kerr Richard L and Kerr Ann L
Bought by
Chartwell Properties Llc

Purchase Details

Closed on
Jul 25, 1997
Sold by
Kerr Hansen Corp
Bought by
Kerr Richard L and Kerr Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
7.58%
Mortgage Type
Construction
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
Diamond Rock Financial Llc $313 First American Title
Diamond Rock Financial Llc $313 First American Title
3505 2Nd Court Llc -- Accommodation
Chartwell Properties Llc -- None Available
Spring Jeffrey D -- Spokane County Title Co
Chartwell Properties Llc -- Transnation Title
Spring James J -- Transnation Title
Chartwell Properties Llc -- Chicago Title Insurance Co
Kerr Richard L -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spring Jeffrey D $89,000
Previous Owner Kerr Richard L $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $1,250,000 +8.2% $761 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,155,000 -- $703 / 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 $3,594 $345,900 $85,000 $260,900
2024 $3,594 $343,400 $85,000 $258,400
2023 $3,373 $363,300 $83,000 $280,300
2022 $3,070 $355,700 $60,000 $295,700
2021 $2,652 $221,400 $40,000 $181,400
2020 $2,556 $203,100 $40,000 $163,100
2019 $2,221 $177,400 $32,000 $145,400
2018 $2,388 $163,200 $28,000 $135,200
2017 $2,278 $156,100 $28,000 $128,100
2016 $2,193 $145,800 $28,000 $117,800
2015 $2,127 $144,500 $28,000 $116,500
2014 -- $141,700 $22,500 $119,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • josh thosath

    Seller's Agent in 2022

    josh thosath

    NuKey Realty & Property Mgmt,

    (509) 202-9929

    1 in this area

    25 Total Sales

    josh thosath
    Section Image
  • Jon Ehrlich

    Buyer's Agent in 2022

    Jon Ehrlich

    Coldwell Banker Tomlinson

    (509) 714-2898

    2 in this area

    94 Total Sales

    Jon Ehrlich
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202211664

Spokane Association of REALTORS®

APN: 36102.0226

Washington Spokane County Mead 99021

3505 E 2nd Ct, Mead, WA

This home is located at 3505 E 2nd Ct, Mead, WA 99021 since 24 February 2022 and is currently estimated at $618,590, approximately $376 per square foot. This property was built in 1997. 3505 E 2nd Ct is a home located in Spokane County with nearby schools including Shiloh Hills Elementary School, Mountainside Middle School, and Mt. Spokane High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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