NOT LISTED FOR SALE

3940 E 16th Ave Spokane, WA 99223

Lincoln Heights Neighborhood

Estimated Value: $412,000 - $437,000

4 Beds
2 Baths
1,812 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $400,000 $221 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,543/month

27 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • 2 Car Attached Garage
  • Contemporary Architecture
  • No HOA
  • Building Patio

About This Home

As of June 2022

Beautiful South Hill 3-level contemporary home with peek-a-boo views of mountains out North. 4 Bedrooms (1 non-conforming) /1.75 Bathrooms. Master suite-on second floor. Large family room in daylight-basement. New roof and hot-water tank as of 2021. Tons of window's that let in bright, natural light on each floor, Pergo flooring on main floor and cozy, warm gas fireplace to snuggle up to during cold spring nights. Enjoy a warm cup of coffee, in the very private fenced backyard with sprinkler system only in the back. Gas furnace and central a/c.

Last Agent to Sell the Property

Lisa Funkhouser-O'Brien

Realty One Group Eclipse License #121729 Listed on: 04/22/2022

Realty One Group Eclipse

Last Buyer's Agent

Svetlana Koren

Kelly Right Real Estate of Spokane License #75501

Kelly Right Real Estate of Spokane

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 1977

Lot Details

  • 7,420 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Partial Sprinkler System
  • Hillside Location
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Room
  • Mountain Views

Kitchen

  • Stove
  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 35271.1511

Community Details

Overview

  • No Home Owners Association
  • Euclid Hts N70' Of Lts 1&2 Blk 5 Subdivision

Amenities

  • Building Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,379

Year Built

Built in 1977

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 3 Level
  • Year Built: 1977
  • Lvt Date: 04/22/2022
  • Common Interest Community: No
  • Geo Address Line: 3940 E 16th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/22/2022 2:22:13 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Subdivision/Development: EUCLID HTS N70' OF LTS 1&2 BLK 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 1812
  • Price Per Sq Ft: 220.75
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 4
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Bedrooms: 3
  • Second Floor Bathrooms: 1.75
  • Basement: Partial, Finished, Daylight, Lndry
  • Basement Percent: 90
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Family Room: 1
  • Design: Contemp
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Disposal, Washer, Dryer
  • Primary Bedroom: 3/4 Bath, 2nd Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1
  • Stove: Gas

Exterior Features

  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Off St Prkg
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Patio, Gas Hot Wtr

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.17
  • Estimated Lot Sq Ft: 7420
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 39
  • Loc Numberblks N S: 16
  • Estimated Lot Dimension Depth: 70
  • Estimated Lot Dimension Front: 106
  • Lot Information: View, Fncd Bk Yd, Part Spr Sys, Treed, Hillside, Corner
  • Lot View: Mountain
  • Parcel Number: 35271.1511
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 3379.31
  • Assessor Parcel Number: 35271.1511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 7, 2022
Sold by
Ghanim Bassam R
Bought by
Meroshnik Jennifer and Meroshnik Nick
Seller's Agent
Lisa Funkhouser-O'Brien
Realty One Group Eclipse
Buyer's Agent
Svetlana Koren
Kelly Right Real Estate of Spokane
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$425,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,025
Avg. Annual Appreciation
1.72%
Original Mortgage
$389,940
Outstanding Balance
$370,442
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$54,583

Purchase Details

Listed on
Aug 18, 2016
Closed on
Sep 27, 2016
Sold by
Bramsman Paul R and Bramsman Margaret E
Bought by
Matti Jenan A and Ghahim Bassam R
Seller's Agent
Anne Finer
John L Scott, Inc.
Buyer's Agent
Lisa Funkhouser-O'Brien
Realty One Group Eclipse
List Price
$184,500
Sold Price
$190,535
Premium/Discount to List
$6,035
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$184,818
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meroshnik Jennifer -- New Title Company Name
Matti Jenan A $190,535 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meroshnik Jennifer $389,940
Previous Owner Matti Jenan A $184,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2022 06/09/22 Sold $400,000 +1.3% $221 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $395,000 0.0% $218 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/26/2022 04/26/22 Price Changed $395,000 -5.5% $218 / Sq Ft
04/22/2022 04/22/22 For Sale $418,000 +119.4% $231 / Sq Ft
10/03/2016 10/03/16 Sold $190,535 +3.3% $105 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $184,500 -- $102 / 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 $3,790 $361,700 $100,000 $261,700
2024 $3,790 $381,900 $90,000 $291,900
2023 $3,703 $393,600 $90,000 $303,600
2022 $3,379 $378,600 $75,000 $303,600
2021 $3,182 $267,400 $42,000 $225,400
2020 $3,118 $252,500 $35,000 $217,500
2019 $2,680 $224,100 $35,000 $189,100
2018 $2,773 $199,300 $30,000 $169,300
2017 $2,380 $174,100 $30,000 $144,100
2016 $2,223 $159,100 $25,000 $134,100
2015 $2,177 $152,400 $25,000 $127,400
2014 -- $152,400 $25,000 $127,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Funkhouser-O'Brien

    Seller's Agent in 2022

    Lisa Funkhouser-O'Brien

    Realty One Group Eclipse

    (509) 863-4354

    1 in this area

    37 Total Sales

    Lisa Funkhouser-O'Brien
    Section Image
  • Svetlana Koren

    Buyer's Agent in 2022

    Svetlana Koren

    Kelly Right Real Estate of Spokane

    (509) 218-0705

    1 in this area

    68 Total Sales

    Svetlana Koren
    Section Image

  • A

    Seller's Agent in 2016

    Anne Finer

    John L Scott, Inc.

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202214351

Spokane Association of REALTORS®

APN: 35271.1511

Washington Spokane County Spokane 99223 Lincoln Heights

3940 E 16th Ave, Spokane, WA

Not Listed for Sale

Detached

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