NOT LISTED FOR SALE

Estimated Value: $366,000 - $554,981

2 Beds
1 Bath
-- Sq Ft
$160/mo HOA Fee

Last Sold September 22, 2014

Last sale price $221,000

Est. 108% increase in value since last sale

Current estimated payment $2,938/month

52 Days on Market

Highlights

  • Contemporary Architecture
  • Separate Formal Living Room
  • Forced Air Heating and Cooling System
  • Sacajawea Middle School Rated A-
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of September 2014

Open 2 bedroom, 1 bath contemporary downtown condo w/loft. Work, live, play in the heart of downtown! Unit has 1,134 sf main floor living space plus a loft. High ceilings, huge windows, gourmet kitchen w/granite & professional gas stove top. 2 parking spots or 1 parking spot & patio. Storage unit in basement. Central air. This unit also has the charm of the old-world brick peeking through some of the walls! Monthly condo fees $160.

Last Agent to Sell the Property

April Key

Amplify Real Estate Services License #104008 Listed on: 08/01/2014

Amplify Real Estate Services

Last Buyer's Agent

Rick Richard

John L Scott, Inc. License #9517

John L Scott, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1919

Lot Details

  • Fenced Front Yard
  • Fenced
  • Landscaped with Trees

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • Alley Access

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Roosevelt Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 35191.2331

Community Details

Overview

  • Association fees include accounting, wtr/swr/garb, grounds maint
  • Minnesota/Oakily Condominium Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,225

Year Built

Built in 1919

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Sub Type: Condo
  • Access: Paved
  • Class: Residential
  • Year Built: 1919
  • Geo Address Line: 423 W 1st Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/23/2014 10:30:20 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Subdivision/Development: Minnesota/Oakily Condominium
  • Property Sub Type: Condos

Interior Features

  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 2
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • Second Floor Bedrooms: 1
  • Special Features: Mn Flr Util, Cath Cling
  • Design: Contemp
  • Dining Room: Formal, Eat Bar
  • Family/Recreation Room: Formal LR
  • Kitchen Appliances: Blt in R/O, Gas Rng, D/W, Refrig, Disposal, Microwave, Kit Island
  • Primary Bedroom: 1st Flr

Exterior Features

  • Exterior: Brick
  • Roof: Flat

Garage/Parking

  • Garage Parking: Alley Access
  • Garage Size: 0

Utilities

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

Condo/Co-op/Association

  • Amenities: Gas Hot Wtr
  • Condo/PUD Features: Pets, Storage
  • Condo/PUD Maintenance Fee Pays: Accounting, Wtr/swr/garb, Grounds Maint

Schools

  • School District: Spokane Dist 81
  • Elementary School: Roosevelt
  • Middle School: Sacajawea
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Roosevelt

Lot Info

  • Acres Mol: 0.01
  • Estimated Lot Sq Ft: 639
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 4
  • Loc Numberblks N S: 1
  • Lot Information: Fncd Frt Yd, Treed, Bus Rt, Fenced
  • Monthly Assessment: 160
  • Parcel Number: 35191.2331
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 3225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 22, 2014
Sold by
Perednia Richard W
Bought by
Elsom Sam E and Elsom Frances J
Seller's Agent
April Key
Amplify Real Estate Services
Buyer's Agent
Rick Richard
John L Scott, Inc.
List Price
$226,000
Sold Price
$221,000
Premium/Discount to List
-$5,000
-2.21%
Current Estimated Value
$460,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,491
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Brooks Michael
Bought by
Brooks Michael and Ostin Gary Jay

Purchase Details

Closed on
Jul 2, 2008
Sold by
Roberts Matt
Bought by
Brooks Michael and Ostin Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,712
Interest Rate
6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Elsom Sam E $221,000 Spokane County Title Co
Brooks Michael -- None Available
Ostin Gary Jay -- None Available
Brooks Michael $308,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Michael $111,712
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2014 09/22/14 Sold $221,000 -2.2% --
09/22/2014 09/22/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $226,000 -- --
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 $3,919 $388,860 $89,460 $299,400
2024 $3,919 $394,960 $89,460 $305,500
2023 $3,508 $386,460 $89,460 $297,000
2022 $3,466 $358,570 $86,270 $272,300
2021 $3,304 $277,760 $25,560 $252,200
2020 $3,174 $257,000 $11,500 $245,500
2019 $3,072 $257,000 $11,500 $245,500
2018 $3,470 $249,500 $11,500 $238,000
2017 $3,407 $249,500 $11,500 $238,000
2016 $3,166 $226,800 $11,500 $215,300
2015 $3,236 $226,800 $11,500 $215,300
2014 -- $226,800 $11,500 $215,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201422258

Spokane Association of REALTORS®

APN: 35191.2331