NOT LISTED FOR SALE

3520 E Montgomery Ave Spokane, WA 99217

Minnehaha Neighborhood

Estimated Value: $254,000 - $362,188

4 Beds
2 Baths
1,590 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $150,000 $94 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,013/month

Highlights

  • River Front
  • 1-Story Property
  • Utility Room
  • Landscaped with Trees
  • Baseboard Heating
  • High Speed Internet

About This Home

As of October 2019

PBL - 2 Units

Last Agent to Sell the Property

Eric Peterson

Keller Williams Spokane - Main License #50426 Listed on: 08/27/2019

Keller Williams Spokane - Main

Co-Listed By

Patty Gaines

Keller Williams Spokane - Main License #23987

Keller Williams Spokane - Main

Last Buyer's Agent

Patty Gaines

Keller Williams Spokane - Main License #23987

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1989

Lot Details

  • 7,410 Sq Ft Lot
  • River Front
  • Hillside Location
  • Landscaped with Trees

Parking

  • Off-Site Parking

Home Design

  • Cedar

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Water Views
  • Built-In Range

Schools

  • Shaw Middle School
  • Rogers High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35103.3603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Views, Treed, Hillside
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Water
  • Water Body Name: Spokane River
  • Reso Association Amenities: Cable TV, High Speed Internet, None
  • Co List Office Mls Id: SAR872
  • Co List Office Phone: 509-458-4000
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Interior Features: Utility Room
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Built-In Range/Oven, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Waterfront Features: River Front
  • Construction Type: Cedar

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • Elementary School: Cooper
  • High School: Rogers
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35103.3603
  • Lot Size Sq Ft: 7410

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1987.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Oct 21, 2019
Sold by
Nimri Faisal
Bought by
Gaines Michael O and Gaines Patricia M
Seller's Agent
Eric Peterson
Keller Williams Spokane - Main
Buyer's Agent
Patty Gaines
Keller Williams Spokane - Main
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$319,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,950
Avg. Annual Appreciation
12.59%
Original Mortgage
$130,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Heberling Craig R
Bought by
Nimri Faisal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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
Gaines Michael O $150,000 Wfg National Title Company
Nimri Faisal $115,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Michael O $131,250
Closed Gaines Michael O $130,000
Previous Owner Nimri Faisal $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $150,000 0.0% $94 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $150,000 -- $94 / 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 $2,955 $321,200 $120,000 $201,200
2024 $2,955 $297,500 $95,000 $202,500
2023 $2,815 $297,500 $95,000 $202,500
2022 $1,937 $287,500 $85,000 $202,500
2021 $1,752 $146,800 $32,500 $114,300
2020 $2,151 $173,900 $29,000 $144,900
2019 $1,988 $166,080 $22,580 $143,500
2018 $2,010 $144,280 $22,580 $121,700
2017 $1,861 $136,080 $22,580 $113,500
2016 $1,783 $127,480 $22,580 $104,900
2015 $1,768 $123,680 $22,580 $101,100
2014 -- $123,680 $22,580 $101,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201922806

Spokane Association of REALTORS®

APN: 35103.3603