NOT LISTED FOR SALE

3526 E Farwell Rd Unit 3528 E Farwell Rd Mead, WA 99021

Estimated Value: $531,000 - $597,000

7 Beds
3 Baths
2,034 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $500,000 $246 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,347/month

2 Days on Market

Highlights

  • Oversized Lot
  • Dual Closets
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Building Patio
  • High Speed Internet

About This Home

As of March 2022

Rare Find... Check out this great investment opportunity in the desirable Mead School District. Situated on almost 1/2 acre (mol) it has 1 unit with 3 bedrooms, 1 bath with room to expand in the basement and potential equity if you updated or finished basement in the future some with fresh paint to enjoy. 2nd unit has hardwood floors and is updated with 4 bedrooms, 2 bath with a finished basement. Gas forced air heating in both sides, full sprinkler system and fenced front and back yards. Entertain on the patio in the back yard or relax in the large yard. Easy off street parking plus a lean-to for extra storage in back. West side has had same tenant for over 15 years. The possibilities are endless. Call to schedule a showing before it's gone. NEW roof to be installed in April!!! Ask agent for more details.

Last Agent to Sell the Property

Michelle Allen

Heart and Homes NW Realty License #25655 Listed on: 03/04/2022

Last Buyer's Agent

Jon Ehrlich

Coldwell Banker Tomlinson License #25845

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot
  • Back and Front Yard Fenced
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Hardboard

Interior Spaces

  • Dual Closets
  • 2,034 Sq Ft Home
  • 1-Story Property
  • Security Lights

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Schools

  • Mead Elementary School
  • Mountainside Middle School
  • Mt Spokane High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System
  • High Speed Internet

Community Details

  • 2 Units
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 36102.0903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,264

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenants personal belongings
  • Year Built: 1950
  • Style Of Construction: 1 Story
  • Lvt Date: 03/04/2022
  • Common Interest Community: No
  • Geo Address Line: 3526 E Farwell Rd
  • Geo Primary City: Mead
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/4/2022 11:57:00 PM
  • Geo Zoom Level: 15
  • Sr High: Mt Spokane
  • Jr High: Mountainside
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2034
  • Price Per Sq Ft: 245.82
  • Number of Stories: 1
  • Basement: Full, Finished, Unfinished, Fam/Rec Rm, Lndry
  • Basement: Yes
  • Special Features: Wood Flr, Nat Wdwrk, Wood Wn Fr
  • Design: Rancher
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr
  • Features: Sec Lights
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Mead
  • Elementary School: Mead
  • Middle School: Mountainside
  • High School: Mt Spokane
  • School District: Mead
  • Elementary School: Mead

Lot Info

  • Acres Mol: 0.5
  • Estimated Lot Sq Ft: 17783
  • Loc Dir E W: E
  • Loc Numberblk E W: 35
  • Estimated Lot Dimension Depth: 119
  • Estimated Lot Dimension Front: 152
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Spr Sys, Level, Bus Rt, Oversized
  • Parcel Number: 36102.0903
  • Site Improvements: Septic Sys, Pub Wtr
  • Loc Numberblk N S: 127
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 3264
  • Assessor Parcel Number: 36102.0903

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Diamond Rock Financial Llc
Bought by
Diamond Rock Properties Llc
Current Estimated Value
$555,084

Purchase Details

Closed on
Jan 10, 2025
Sold by
Gratus Investments Llc
Bought by
Diamond Rock Financial Llc

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 17, 2022
Sold by
Schneider Dustin and Chen Pei Chen
Bought by
Gratus Investments Llc
Seller's Agent
Michelle Allen
Heart and Homes NW Realty
Buyer's Agent
Jon Ehrlich
Coldwell Banker Tomlinson
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$545,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2016
Sold by
Cruz Kevin E
Bought by
Schneider Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,051
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2005
Sold by
Cruz Kevin E and Cruz Kelly A
Bought by
Cruz Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
5.56%
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
Diamond Rock Properties Llc $313 First American Title Insurance
Diamond Rock Financial Llc $313 First American Title Insurance
Diamond Rock Financial Llc $313 First American Title Insurance
Gratus Investments Llc -- Vista Title And Escrow Llc
Schneider Dustin $218,000 Inland Professional Title Ll
Cruz Kevin E -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gratus Investments Llc $545,000
Previous Owner Schneider Dustin $214,051
Previous Owner Cruz Kevin E $137,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $500,000 0.0% $246 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $500,000 -- $246 / 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 $4,844 $467,600 $107,000 $360,600
2024 $4,844 $467,100 $107,000 $360,100
2023 $4,137 $473,600 $83,000 $390,600
2022 $3,739 $439,100 $60,000 $379,100
2021 $3,264 $277,100 $45,000 $232,100
2020 $3,116 $251,800 $45,000 $206,800
2019 $2,734 $222,700 $39,000 $183,700
2018 $3,099 $216,100 $39,400 $176,700
2017 $2,955 $206,800 $39,400 $167,400
2016 $2,455 $165,800 $39,400 $126,400
2015 $2,380 $164,300 $39,400 $124,900
2014 -- $167,200 $39,400 $127,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Allen

    Seller's Agent in 2022

    Michelle Allen

    Heart and Homes NW Realty

    (509) 768-5179

    3 in this area

    56 Total Sales

    Michelle Allen
    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: 202212028

Spokane Association of REALTORS®

APN: 36102.0903

Washington Spokane County Mead 99021

3526 E Farwell Rd Unit 3528 E Farwell Rd, Mead, WA

This home is located at 3526 E Farwell Rd Unit 3528 E Farwell Rd, Mead, WA 99021 since 04 March 2022 and is currently estimated at $555,084, approximately $272 per square foot. This property was built in 1950. 3526 E Farwell Rd Unit 3528 E Farwell Rd 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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