420 E 7th Ave Spokane, WA 99202
East Central Neighborhood
3
Beds
2
Baths
2,598
Sq Ft
6,450
Sq Ft Lot
Highlights
- City View
- Victorian Architecture
- High Speed Internet
- Sacajawea Middle School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of March 2025INVESTMENT ALERT! This adorable duplex combines old-world charm with modern updates in a prime Lower South Hill location. Featuring two units: a 1 bed, 1 bath on the main level and a 2 bed, 1 bath upstairs (both leased through Jan 2026), this property is ready to start cash flowing. Major updates include a new roof in 2018 and recent furnaces and air conditioning units for both units. With big-ticket items taken care of, you can focus on maximizing your investment. Both units generate $2,500/month in rental income, with tenants covering gas and electricity. Each unit includes the convenience of in-unit laundry as well. Don’t miss this low-maintenance, income-producing property in a sought-after area!
Last Agent to Sell the Property
eXp Realty 4 Degrees License #127590 Listed on: 01/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,508
Year Built
- Built in 1899
Lot Details
- 6,450 Sq Ft Lot
- Dirt Road
Property Views
- City
- Territorial
Home Design
- Victorian Architecture
Interior Spaces
- 2,598 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Parking
- Alley Access
- Off-Site Parking
Schools
- Sacajawea Middle School
- Lewis & Clark High School
Utilities
- Forced Air Heating and Cooling System
- Furnace
- High Speed Internet
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 35203.1123
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
Feb 25, 2025
Sold by
Mulvey Jeremy J
Bought by
Mikulski Katherine
Seller's Agent
Perry Domini
eXp Realty 4 Degrees
Buyer's Agent
Hunter Mackay
eXp Realty, LLC
List Price
$305,000
Sold Price
$305,000
Total Days on Market
7
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,291
Avg. Annual Appreciation
1.92%
Original Mortgage
$228,750
Outstanding Balance
$227,999
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$78,980
Purchase Details
Listed on
Jan 15, 2025
Closed on
Feb 4, 2025
Sold by
Sevetz Timothy P
Bought by
Mikulski Katherine
Seller's Agent
Perry Domini
eXp Realty 4 Degrees
Buyer's Agent
Hunter Mackay
eXp Realty, LLC
List Price
$305,000
Sold Price
$305,000
Views
39
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$227,999
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$78,980
Purchase Details
Closed on
Mar 24, 2020
Sold by
Thomsen Robin J and Thomsen Joseph E
Bought by
Mulvey Jeremy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,350
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 2004
Sold by
Thomsen Robin J and Zetwick Robin J
Bought by
Thomsen Joseph E and Thomsen Robin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
5.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 1996
Sold by
Brown Debra R
Bought by
Zetwick Robin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
8.3%
Similar Homes in Spokane, WA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | Ticor Title | |
| Quit Claim Deed | $313 | Ticor Title | |
| Warranty Deed | $231,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Pacific Nw Title | |
| Warranty Deed | $69,900 | Pioneer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,750 | New Conventional | |
| Previous Owner | $196,350 | New Conventional | |
| Previous Owner | $97,750 | New Conventional | |
| Previous Owner | $17,000 | Credit Line Revolving | |
| Previous Owner | $100,725 | New Conventional | |
| Previous Owner | $40,000 | Negative Amortization | |
| Previous Owner | $60,500 | New Conventional | |
| Previous Owner | $62,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $305,000 | 0.0% | $117 / Sq Ft |
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 01/15/2025 01/15/25 | For Sale | $305,000 | -- | $117 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 | $3,688 | $285,900 | $95,000 | $190,900 |
| 2024 | $3,688 | $371,580 | $87,080 | $284,500 |
| 2023 | $3,463 | $361,900 | $77,400 | $284,500 |
| 2022 | $2,900 | $353,980 | $48,380 | $305,600 |
| 2021 | $2,622 | $220,170 | $37,470 | $182,700 |
| 2020 | $2,542 | $205,630 | $35,730 | $169,900 |
| 2019 | $1,832 | $153,010 | $32,510 | $120,500 |
| 2018 | $1,965 | $141,090 | $27,090 | $114,000 |
| 2017 | $1,745 | $127,570 | $23,870 | $103,700 |
| 2016 | $1,603 | $114,600 | $28,000 | $86,600 |
| 2015 | $1,596 | $111,600 | $25,000 | $86,600 |
| 2014 | -- | $111,600 | $25,000 | $86,600 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Perry Domini
Seller's Agent in 2025
Perry Domini
eXp Realty 4 Degrees
(509) 994-4908
7 in this area
154 Total Sales
-
Hunter Mackay
Buyer's Agent in 2025
Hunter Mackay
eXp Realty, LLC
(509) 723-7709
6 in this area
255 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202510849
APN: 35203.1123
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