NOT LISTED FOR SALE

Estimated Value: $302,897 - $399,000

3 Beds
2 Baths
2,600 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $390,000 $150 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,138/month

7 Days on Market

Highlights

  • Craftsman Architecture
  • Solid Surface Countertops
  • Detached Garage
  • Main Floor Primary Bedroom
  • No HOA
  • Walk-In Closet

About This Home

As of June 2023

This is a newly remodeled 1936 home in the West Valley School District. This house has a timeless craftsman style, 3-bedrooms, 2-bathrooms, and one additional non-conforming bedroom in the basement. Throughout the remodel, this house has retained its classic charm with refinished original hardwood floors and baseboard trim, original built-in cabinets and drawers, original kitchen cabinetry, and original tub and sink. This house also offers modern amenities while retaining its character; full remodel in the bathrooms, built-in dishwasher, new oven/range, new carpet, washer and dryer with laundry vanity, new hot water tank, sprinkler system (4 stations), whole house electrical redone, and power to the shop/garage. PLEASE NOTE: A lot separation is currently being processed by Spokane County Assessors and this listing only includes the 5,000 sq. ft. lot (50 ft. X 100 ft.) shown in the last image. A property survey will be complete and a fence installed prior to closing at our expense prior to closing.

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 05/02/2023

Last Buyer's Agent

Ellie McIntyre

Coldwell Banker Tomlinson License #22014927

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 5,000 Sq Ft Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • Detached Garage
  • Workshop in Garage

Outdoor Features

  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Gas Available at Street
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 351141301

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1936
  • Lvt Date: 05/02/2023
  • Common Interest Community: No
  • Geo Address Line: 5038 E Commerce Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/2/2023 11:09:10 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: Yes
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2600
  • Price Per Sq Ft: 150
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1240
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 260
  • Second Floor Bedrooms: 1
  • Basement: Full, Lndry, Outside Entr
  • Estimated Basement Sq Ft: 1100
  • Basement: Yes
  • Basement Bathrooms: 1
  • Special Features: Wood Flr, Nat Wdwrk, Bay Wind, Wood Wn Fr, Vinyl Wn Fr, Multi Pn Wn
  • Design: Craftsman
  • Family/Recreation Room: Bsmt, 1st Flr
  • Features: Breakers, 200 AMP
  • Fireplace: Masonry
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave, Washer, Dryer, Hrd Surface Counters
  • Primary Bedroom: Wlkin Clst, 1st Flr
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Brick
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Carport Size: 0
  • Garage Parking: Detached, Shop Area
  • Garage Size: 0

Utilities

  • Heating/Cooling: Oil, Forced Air

Condo/Co-op/Association

  • Amenities: Cable Internet

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.15
  • Estimated Lot Sq Ft: 5000
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Cross Fncd, Spr Sys, Level, Fenced, Surveyed
  • Parcel Number: 351141301
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr, Gas Avail-St

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 1, 2023
Sold by
Mcgill Nicholas and Mcgill Isabel
Bought by
Martinez Julian
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Ellie McIntyre
Coldwell Banker Tomlinson
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Views
100
Current Estimated Value
$349,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,026
Avg. Annual Appreciation
-4.11%
Original Mortgage
$382,936
Outstanding Balance
$372,696
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
-$22,722

Purchase Details

Closed on
Jan 15, 2021
Sold by
Rabe William E and Longworth Charlene D
Bought by
Mcgill Nicholas and Mcgill Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2020
Sold by
Rabe William E and Longworth Charlene D
Bought by
Rabe William E and Estate Of Sally G Covington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martinez Julian -- None Listed On Document
Mcgill Nicholas $175,000 First American Title
Rabe William E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Julian $382,936
Previous Owner Mcgill Nicholas $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $390,000 +2.6% $150 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $380,000 -- $146 / 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 $3,657 $396,900 $60,000 $336,900
2024 $3,657 $381,000 $60,000 $321,000
2023 $0 $310,000 $50,000 $260,000
2022 $2,217 $317,500 $57,500 $260,000
2021 $2,207 $183,480 $41,880 $141,600
2020 $40 $167,650 $31,250 $136,400
2019 $1,920 $156,250 $31,250 $125,000
2018 $2,199 $147,950 $31,250 $116,700
2017 $1,728 $117,550 $18,750 $98,800
2016 $39 $115,150 $18,750 $96,400
2015 $40 $110,750 $18,750 $92,000
2014 -- $107,450 $18,750 $88,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202314741

Spokane Association of REALTORS®

APN: 35114.1304