NOT LISTED FOR SALE

4218 E 16th Ave Spokane, WA 99223

Lincoln Heights Neighborhood

Estimated Value: $327,000 - $351,185

2 Beds
2 Baths
1,792 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 12, 2013

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

Est. 203% increase in value since last sale

Current estimated payment $2,053/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%
Total Days on Market
62
Current Estimated Value
$341,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,546
Avg. Annual Appreciation
9.10%
Original Mortgage
$84,375
Outstanding Balance
$58,632
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$269,742
Source: Public Records

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Range of Values:

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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
Previous Owner Floyd William $20,000
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
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

    68 Total Sales

    Rick Richard
    Section Image
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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 $341,046, approximately $190 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.

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