NOT LISTED FOR SALE

351 E 5th Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $271,078 - $310,000

2 Beds
1 Bath
2,109 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $120,000 $57 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,714/month

Highlights

  • 1 Car Detached Garage
  • Bay Window
  • Forced Air Heating System
  • Sacajawea Middle School Rated A-
  • Bungalow
  • Level Lot

About This Home

As of September 2017

Sold at listing. Duplex or charming, 2 unit office building. Lot is approx 37.5' X 81' = parking for three or four cars. Units of approx. 550 sq. ft each (1) bedroom or combine as one (approx 1,100 sq. ft. on one floor) Newly renovated with new roof, new electrical, new gas heat, new floors, new walls, new windows, all new paint. Partial basement, small garage. Directly across from a major medical center Great visibility - back of property is adjacent to Interstate 90 (I-90)

Last Agent to Sell the Property

Bruce Bafus

Key Properties License #10686 Listed on: 09/20/2017

Key Properties

Last Buyer's Agent

Bruce Bafus

Key Properties License #10686 Listed on: 09/20/2017

Key Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • Level Lot
  • Irregular Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Bay Window
  • Free-Standing Range
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35202.3228

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1901
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Irregular Lot
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-747-7777
  • MLS Status: Sold
  • Architectural Style: Bungalow
  • Reso Interior Features: Window Bay Bow
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Partial, Unfinished, Walk-Out Access
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 3

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Forced Air
  • NumberOfRanges: 1

Lot Info

  • Parcel Number: 35202.3228

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2017
Sold by
Wilson Dean N and Wilson Sharon E
Bought by
Knix Llc
Current Estimated Value
$296,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$74,894
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$221,465

Purchase Details

Closed on
Mar 23, 2015
Sold by
Kuwada Grant T
Bought by
Wilson Dean N and Wilson Sharon E

Purchase Details

Closed on
Oct 8, 2004
Sold by
Horiuchi Keigi and Kuwada Kazuko
Bought by
Kuwada Grant and Kuwada Peggy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2004
Sold by
Horiuchi Takeo
Bought by
Horiuchi Keigi and Kuwada Kazuko

Purchase Details

Closed on
Dec 31, 2003
Sold by
Horiuchi Takeo
Bought by
Horiuchi Keigi and Kuwada Kazuko

Purchase Details

Closed on
Nov 6, 2003
Sold by
Horiuchi Takeo
Bought by
Horiuchi Keigi and Kuwada Kazuko

Purchase Details

Closed on
Oct 31, 2003
Sold by
Horiuchi Takeo
Bought by
Horiuchi Keigi and Kuwada Kazuko

Purchase Details

Closed on
Sep 22, 2003
Sold by
Horiuchi Takeo
Bought by
Horiuchi Keigi and Kuwada Kazuko

Purchase Details

Closed on
Aug 26, 2003
Sold by
Horiuchi Takeo
Bought by
Horiuchi Keigi and Kuwada Kazuko

Purchase Details

Closed on
Jul 15, 2003
Sold by
Horiuchi Takeo
Bought by
Horiuchi Keigi and Kuwada Kazuko
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
Knix Llc $120,000 First American Title Ins Co
Wilson Dean N $44,500 Stewart Title
Kuwada Grant $35,000 Pacific Nw Title
Horiuchi Keigi -- Spokane County Title Co
Horiuchi Keigi -- Spokane County Title Co
Horiuchi Keigi -- Spokane County Title Co
Horiuchi Keigi -- Spokane County Title Co
Horiuchi Keigi -- Spokane County Title Co
Horiuchi Keigi -- Spokane County Title Co
Horiuchi Keigi -- Spokane County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knix Llc $90,000
Previous Owner Kuwada Grant $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $120,000 0.0% $57 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $120,000 -- $57 / 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 $1,970 $207,310 $48,610 $158,700
2024 $1,970 $197,910 $48,610 $149,300
2023 $1,942 $210,910 $48,610 $162,300
2022 $1,579 $197,910 $48,610 $149,300
2021 $1,605 $134,410 $48,610 $85,800
2020 $1,502 $121,140 $27,340 $93,800
2019 $1,443 $120,440 $27,340 $93,100
2018 $1,647 $118,140 $27,340 $90,800
2017 $1,658 $121,180 $30,380 $90,800
2016 $622 $44,180 $30,380 $13,800
2015 $897 $62,500 $31,500 $31,000
2014 -- $62,500 $31,500 $31,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bruce Bafus

    Key Properties

    (509) 217-8899

    5 Total Sales

    Bruce Bafus
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201724801

Spokane Association of REALTORS®

APN: 35202.3228

Washington Spokane County Spokane 99202 East Central

351 E 5th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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