NOT LISTED FOR SALE

Estimated Value: $321,000 - $354,241

2 Beds
1 Bath
797 Sq Ft
$424/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $306,500 $385 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,050/month

5 Days on Market

Highlights

  • Wood Burning Stove
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • North Central High School Rated A-
  • Building Patio
  • Wood Siding

About This Home

As of January 2022

Nicest home currently under $300,000 on the market! This nicely updated rancher is in the Northwest region. Check out this 2 bed/1 bath home with updated flooring, carpet and paint. Kitchen has new stainless steel appliances and plenty of cabinets. Space to grow in the lower level, which has a wood burning stove. Fantastic deck to enjoy BBQ with friends and large backyard. Go see this one today.

Last Agent to Sell the Property

Lee Arnold

Keller Williams Spokane - Main License #25890 Listed on: 11/24/2021

Keller Williams Spokane - Main

Co-Listed By

Michelle Eyraud-Mendez

Cogo Realty License #22037767

Last Buyer's Agent

Tanner Fitzpatrick

4 Degrees Real Estate License #21014176

4 Degrees Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 1951

Lot Details

  • 7,643 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 797 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Basement
  • Recreation or Family Area in Basement
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 25031.0315

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,006

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1951
  • Lvt Date: 11/24/2021
  • Common Interest Community: No
  • Geo Address Line: 5024 W Hoffman Pl
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/25/2021 12:53:10 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 797
  • Price Per Sq Ft: 384.57
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 2
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Finished
  • Basement: Yes
  • Family/Recreation Room: Bsmt
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Stove: Wood Burn

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Forced Air
  • Power Company: City
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Spokane Dist 81
  • Elementary School: Browne
  • High School: North Central

Lot Info

  • Acres Mol: 0.18
  • Estimated Lot Sq Ft: 7643
  • Lot Information: Fncd Bk Yd
  • Parcel Number: 25031.0315
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Dec 29, 2021
Sold by
Thoen Kimberly Jo
Bought by
Thoen Samuel T
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Tanner Fitzpatrick
4 Degrees Real Estate
List Price
$299,900
Sold Price
$306,500
Premium/Discount to List
$6,600
2.2%
Current Estimated Value
$338,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,560
Avg. Annual Appreciation
2.65%
Original Mortgage
$291,175
Outstanding Balance
$267,805
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$70,255

Purchase Details

Listed on
Nov 24, 2021
Closed on
Dec 17, 2021
Sold by
Secured Investment High Yield Fund I Llc
Bought by
Thoen James E and Thoen Debra D
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Tanner Fitzpatrick
4 Degrees Real Estate
List Price
$299,900
Sold Price
$306,500
Premium/Discount to List
$6,600
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,175
Outstanding Balance
$267,805
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$70,255

Purchase Details

Closed on
Aug 30, 2021
Sold by
Ayers Sandra and Estate Of Ronda Rae Truppe
Bought by
Secured Investment High Yield Fund Ii
Source: Public Records

Range of Values:

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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
Thoen Samuel T -- First American Title
Thoen James E $306,500 First American Title
Secured Investment High Yield Fund Ii $140,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thoen James E $291,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $306,500 +2.2% $385 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $299,900 -- $376 / 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 $3,006 $332,200 $70,000 $262,200
2024 $3,006 $302,700 $55,000 $247,700
2023 $2,923 $306,900 $55,000 $251,900
2022 $1,890 $298,600 $50,000 $248,600
2021 $1,793 $150,300 $30,000 $120,300
2020 $1,619 $130,600 $25,000 $105,600
2019 $1,370 $114,300 $20,000 $94,300
2018 $1,438 $103,100 $20,000 $83,100
2017 $1,370 $100,000 $20,000 $80,000
2016 $1,329 $94,900 $20,000 $74,900
2015 $1,328 $92,800 $20,000 $72,800
2014 -- $100,200 $29,000 $71,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202125427

Spokane Association of REALTORS®

APN: 25031.0315