NOT LISTED FOR SALE

4040 E Pacific Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $242,000 - $324,000

2 Beds
2 Baths
1,440 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $61,000 $42 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $1,626/month

44 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 2 Fireplaces
  • Building Patio
  • Fenced Front Yard

About This Home

As of November 2017

Lots of potential in this 1950's rancher. Two bedrooms, 2 baths, fireplace in living room and sunny main floor laundry. Original hardwoods throughout. Basement living area contains a fireplace, living space and 2 additional rooms for storage or potential bedroom. Just looking for some imagination and elbow grease to bring this charmer into the 21st century. Motivated seller wants to be done with it.

Last Agent to Sell the Property

Ellen Lightner

RE/MAX Inland Empire License #130448 Listed on: 09/13/2017

Last Buyer's Agent

Ellen Lightner

RE/MAX Inland Empire License #130448 Listed on: 09/13/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1950

Lot Details

  • Fenced Front Yard
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Sheridan Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35221.0905

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1950
  • Lvt Date: 09/14/2017
  • Geo Address Line: 4040 E Pacific Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/8/2017 6:05:36 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Jr High: Chase
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1440
  • Price Per Sq Ft: 42.36
  • Bathrooms: 2
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 720
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1.75
  • First Floor Fireplace: 1
  • Basement: Full, Part Fin
  • Estimated Basement Sq Ft: 720
  • Basement: Yes
  • Basement Fireplace: 1
  • Design: Rancher
  • Fireplace: Masonry
  • Number of Fireplaces: 2

Exterior Features

  • Exterior: Cedar
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Spokane Dist 81
  • Elementary School: Sheridan

Lot Info

  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 40
  • Loc Numberblks N S: 1
  • Lot Information: Fncd Frt Yd, Level
  • Parcel Number: 35221.0905
  • Site Improvements: Pub Sewer, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 1096
  • Assessor Parcel Number: 35221.0905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Nov 3, 2017
Sold by
Bains Danielle I
Bought by
Melton Cameron
Seller's Agent
Ellen Lightner
RE/MAX Inland Empire
Buyer's Agent
Ellen Lightner
RE/MAX Inland Empire
List Price
$90,000
Sold Price
$61,000
Premium/Discount to List
-$29,000
-32.22%
Current Estimated Value
$273,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,555
Avg. Annual Appreciation
20.81%

Purchase Details

Closed on
Aug 1, 2017
Sold by
Myers Kristina M
Bought by
Bains Danielle I

Purchase Details

Closed on
Mar 24, 2000
Sold by
U S Bank National Assn
Bought by
Hunter Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,559
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1999
Sold by
Wilson Eddie L and Wilson Betty F
Bought by
Us Bank National Assn
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
Melton Cameron $61,000 Ticor Title Company
Bains Danielle I -- None Available
Hunter Kathleen M $52,900 Pacific Nw Title
Us Bank National Assn $65,065 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Kathleen M $52,559
Closed Hunter Kathleen M $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2017 11/07/17 Sold $61,000 -32.2% $42 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $90,000 -- $63 / 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 $2,335 $242,600 $70,000 $172,600
2024 $2,335 $234,800 $70,000 $164,800
2023 $2,190 $228,400 $50,000 $178,400
2022 $1,732 $223,400 $45,000 $178,400
2021 $1,599 $133,900 $27,500 $106,400
2020 $1,478 $119,200 $25,000 $94,200
2019 $1,105 $92,100 $15,500 $76,600
2018 $1,248 $89,400 $13,500 $75,900
2017 $1,103 $80,400 $15,000 $65,400
2016 $886 $79,900 $15,000 $64,900
2015 $163 $79,900 $15,000 $64,900
2014 -- $79,900 $15,000 $64,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Ellen Lightner

    RE/MAX Inland Empire

    Section Image
  • Jurene Phaneuf

    Buyer Co-Listing Agent in 2017

    Jurene Phaneuf

    Selkirk Residential

    (509) 294-1192

    23 Total Sales

    Jurene Phaneuf
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201724546

Spokane Association of REALTORS®

APN: 35221.0905

Washington Spokane County Spokane 99202 East Central

4040 E Pacific Ave, Spokane, WA

Not Listed for Sale

Detached

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