NOT LISTED FOR SALE

4218 E 16th Ave Spokane, WA 99223

Lincoln Heights Neighborhood

Estimated Value: $333,000 - $401,000

2 Beds
2 Baths
1,792 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 12, 2013

Last sale price $112,500 $63 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $2,155/month

62 Days on Market

Highlights

  • RV Access or Parking
  • Workshop
  • 4 Car Detached Garage
  • Separate Formal Living Room
  • Oversized Lot
  • Eat-In Kitchen

About This Home

As of February 2013

2 oversized, 2+ car garages (shops) on full sized double lots/full unfinished bsmt. Wood floors main floor, all appliances stay. Shops are 28X20 and 27X20. Home needs paint and wood floors finished and minor patching and kitchen & bath updates. Covered patio w/very private yard. Great upside value of all dolled up due to double lots and shops.

Last Agent to Sell the Property

Rick Richard

John L Scott, Inc. License #9517 Listed on: 10/17/2012

John L Scott, Inc.

Last Buyer's Agent

Rick Richard

John L Scott, Inc. License #9517 Listed on: 10/17/2012

John L Scott, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • Back and Front Yard Fenced
  • Oversized Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Workshop
  • Laundry in Basement

Parking

  • 4 Car Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Shop

Schools

  • Lincoln Heights Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Internet Available
  • Cable TV Available

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35271.1212

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,914

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1950
  • Geo Address Line: 4218 E 16th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/13/2013 6:43:11 PM
  • Geo Zoom Level: 16
  • Sr High: Ferris
  • Jr High: Chase
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1792
  • Price Per Sq Ft: 62.78
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 896
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Fireplace: 1
  • Basement: Full, Part Fin, Lndry, Workshop
  • Estimated Basement Sq Ft: 896
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bathrooms: 1
  • Special Features: Wood Flr, Wood Wn Fr
  • Design: Rancher
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: Formal LR
  • Features: Breakers
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Cedar, Wood
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking, Off St Prkg, Oversized
  • Garage Size: 4+

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable TV, Patio, Cable Internet, DSL

Schools

  • School District: Spokane Dist 81
  • Elementary School: Lincoln Heights
  • Middle School: Chase
  • High School: Ferris
  • School District: Spokane Dist 81
  • Elementary School: Lincoln Heights

Lot Info

  • Acres Mol: 0.31
  • Estimated Lot Sq Ft: 13500
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 42
  • Loc Numberblks N S: 16
  • Estimated Lot Dimension Depth: 135
  • Estimated Lot Dimension Front: 100
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Level, Bus Rt, Oversized
  • Parcel Number: 35271.1212
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 35271.1212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Jan 25, 2013
Sold by
Floyd Michael D and Floyd Patrick W
Bought by
Ribic Ivan E and Ribic Erin M
Seller's Agent
Rick Richard
John L Scott, Inc.
Buyer's Agent
Rick Richard
John L Scott, Inc.
List Price
$139,900
Sold Price
$112,500
Premium/Discount to List
-$27,400
-19.59%
Current Estimated Value
$360,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,144
Avg. Annual Appreciation
9.50%
Original Mortgage
$84,375
Outstanding Balance
$57,577
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$296,554
Source: Public Records

Range of Values:

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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
Ribic Ivan E $112,780 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribic Ivan E $84,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2013 02/12/13 Sold $112,500 -19.6% $63 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $139,900 -- $78 / 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 $2,914 $300,500 $120,000 $180,500
2024 $2,914 $293,400 $110,000 $183,400
2023 $2,788 $306,100 $110,000 $196,100
2022 $2,634 $284,700 $95,000 $189,700
2021 $2,293 $192,400 $63,000 $129,400
2020 $2,098 $169,600 $52,500 $117,100
2019 $1,913 $159,800 $52,500 $107,300
2018 $2,013 $144,500 $45,000 $99,500
2017 $1,963 $143,500 $45,000 $98,500
2016 $1,805 $129,100 $37,500 $91,600
2015 $1,805 $126,300 $37,500 $88,800
2014 -- $126,300 $37,500 $88,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Richard

    Seller's Agent in 2013

    Rick Richard

    John L Scott, Inc.

    (509) 879-4422

    8 in this area

    64 Total Sales

    Rick Richard
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201223866

Spokane Association of REALTORS®

APN: 35271.1212

Washington Spokane County Spokane 99223 Lincoln Heights

4218 E 16th Ave, Spokane, WA

This home is located at 4218 E 16th Ave, Spokane, WA 99223 since 17 October 2012 and is currently estimated at $360,644, approximately $201 per square foot. This property was built in 1950. 4218 E 16th Ave is a home located in Spokane County with nearby schools including Lincoln Heights Elementary School, Chase Middle School, and Ferris 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.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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