NOT LISTED FOR SALE

505 E 7th Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $344,821 - $402,000

3 Beds
2 Baths
1,888 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $137,500 $73 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,201/month

92 Days on Market

About This Home

As of March 2016

Duplex in a great south hill neighborhood. Strong rental history. 2 bedroom 1 bath on main floor unit. 1 Bedroom 1 Bath on 2nd floor unit.

Last Agent to Sell the Property

Chris Olney

CENTURY 21 Beutler & Associates License #25943 Listed on: 10/29/2015

Last Buyer's Agent

Andrew Wright

Professional Realty Services License #110026

Professional Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1900

Lot Details

  • Sprinkler System

Home Design

  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Vinyl Clad Windows
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Site Parking

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units
  • Water Sewer Expense $2,000

Listing and Financial Details

  • Assessor Parcel Number 35203.0132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,511

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-535-7400
  • MLS Status: Sold
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: One and a Half Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas Hot Air Furnace, Forced Air, Ductless
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 2000

Lot Info

  • Parcel Number: 35203.0132

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1511
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
Feb 26, 2016
Sold by
Defenbach Douglas R
Bought by
Wright Annastacia M and Wright Staci M
Seller's Agent
Chris Olney
CENTURY 21 Beutler & Associates
Buyer's Agent
Andrew Wright
Professional Realty Services
List Price
$145,000
Sold Price
$137,500
Premium/Discount to List
-$7,500
-5.17%
Current Estimated Value
$364,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,205
Avg. Annual Appreciation
9.18%
Original Mortgage
$135,009
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 1997
Sold by
Hemry Jeffrey D and Hemry Ann A
Bought by
Defenbach Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.26%
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
Wright Annastacia M $137,500 First American Title Ins Co
Defenbach Douglas R $78,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Annastacia M $135,009
Previous Owner Defenbach Douglas R $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2016 03/14/16 Sold $137,500 -5.2% $73 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $145,000 -- $77 / 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 $3,303 $262,400 $95,000 $167,400
2024 $3,303 $332,700 $91,800 $240,900
2023 $3,033 $322,500 $81,600 $240,900
2022 $2,426 $309,800 $51,000 $258,800
2021 $2,206 $185,110 $39,510 $145,600
2020 $2,141 $173,070 $37,670 $135,400
2019 $1,720 $143,670 $34,270 $109,400
2018 $1,840 $132,060 $28,560 $103,500
2017 $1,739 $127,060 $25,160 $101,900
2016 $1,520 $108,600 $28,000 $80,600
2015 $1,510 $105,600 $25,000 $80,600
2014 -- $105,600 $25,000 $80,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Olney

    CENTURY 21 Beutler & Associates

    Section Image

  • A

    Buyer's Agent in 2016

    Andrew Wright

    Professional Realty Services

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201526694

Spokane Association of REALTORS®

APN: 35203.0132

Washington Spokane County Spokane 99202 East Central

505 E 7th Ave, Spokane, WA

This home is located at 505 E 7th Ave, Spokane, WA 99202 since 29 October 2015 and is currently estimated at $364,705, approximately $193 per square foot. This property was built in 1900. 505 E 7th Ave is a home located in Spokane County with nearby schools including Grant Elementary School, Sacajawea Middle School, and Lewis & Clark 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.
Information is deemed reliable but not guaranteed.

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