NOT LISTED FOR SALE

505 E Baldwin Ave Spokane, WA 99207

Logan Neighborhood

Estimated Value: $425,000 - $452,000

6 Beds
2 Baths
2,668 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $342,000 $128 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,593/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Burning Stove
  • 1 Car Detached Garage
  • Lewis & Clark High School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2022

Hard to find Investment property with amazing cash flow! 6 Bed 2 Bath home close to Gonzaga University (GU District) and just 1/2 block from Great Northern U (formerly Moody Bible). Home is currently OCCUPIED by tenants and rented through 5/31/2023 for $2400 a month. Finished basement with 2 bedrooms and a bath, and an additional kitchen area that could easily be converted to a 7th bedroom for even more income! Basement also has an outside entrance into the large family room. Tenants pay all utilities including W/S/G.

Last Agent to Sell the Property

Marcos Nilson

Keller Williams Spokane - Main License #26340 Listed on: 09/29/2022

Keller Williams Spokane - Main

Co-Listed By

Bryan Swanson

Keller Williams Spokane - Main License #102133

Last Buyer's Agent

Elise Howard

eXp Realty, LLC License #21025035

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1903

Lot Details

  • 6,086 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Partial Sprinkler System

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,668 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Family Room with entrance to outdoor space
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bathrooms

Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Carport
  • Alley Access

Schools

  • Logan Elementary School
  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • High Speed Internet
  • Internet Available

Community Details

  • No Home Owners Association
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35083.1010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,687

Year Built

Built in 1903

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: tenant belongings
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1903
  • Lvt Date: 09/29/2022
  • Common Interest Community: No
  • Geo Address Line: 505 E Baldwin Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/29/2022 6:30:02 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Year Renovated: 2015
  • Jr High: Shaw
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2668
  • Price Per Sq Ft: 128.19
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 6
  • Estimated First Floor Sq Ft: 1134
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 400
  • Second Floor Bedrooms: 1
  • Basement: Finished, Fam/Rec Rm, Lndry, Outside Entr
  • Estimated Basement Sq Ft: 1134
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Special Features: Mn Flr Util, Bay Wind, Alum Wn Fr, Vinyl Wn Fr
  • Design: Craftsman
  • Dining Room: Informal, Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr, Outside Ent
  • Features: Breakers, 200 AMP
  • Fireplace: Masonry
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1
  • Stove: Wood Burn

Exterior Features

  • Exterior: Stn Accent, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Carport, Slab, Alley Access
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Patio, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Logan

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6086
  • Loc Dir E W: E
  • Loc Numberblk E W: 5
  • Loc Numberblks N S: 19
  • Estimated Lot Dimension Depth: 142
  • Estimated Lot Dimension Front: 42
  • Lot Information: Fncd Bk Yd, Part Spr Sys, Level
  • Parcel Number: 35083.1010
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 2687
  • Assessor Parcel Number: 35083.1010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 18, 2022
Sold by
505 E Baldwin Avenue Llc
Bought by
Steinmann Heinz and Steinmann Michelle
Seller's Agent
Marcos Nilson
Keller Williams Spokane - Main
Buyer's Agent
Elise Howard
eXp Realty, LLC
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%
Views
4
Current Estimated Value
$442,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,722
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Feb 11, 2022
Sold by
Aaron Grenz
Bought by
505 E Baldwin Avenue Llc

Purchase Details

Closed on
Jan 5, 2022
Sold by
505 E Baldwin Avenue Llc
Bought by
Grenz Aaron

Purchase Details

Closed on
Apr 27, 2018
Sold by
Grenz Aaron
Bought by
505 E Baldwin Avenue Llc

Purchase Details

Listed on
May 29, 2015
Closed on
Jul 28, 2015
Sold by
Arnold Tyler A
Bought by
Grenz Aaron
Seller's Agent
Rebecca Usai
John L Scott, Spokane Valley
Buyer's Agent
Marcos Nilson
Keller Williams Spokane - Main
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$50,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 29, 2015
Closed on
Jun 16, 2015
Sold by
The River Conference Of The Free Methodi
Bought by
Arnold Tyler A
Seller's Agent
Rebecca Usai
John L Scott, Spokane Valley
Buyer's Agent
Marcos Nilson
Keller Williams Spokane - Main
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 26, 2011
Closed on
Dec 7, 2011
Sold by
Edwards Ronald R and Edwards Irma J
Bought by
Arnold Tyler A
Seller's Agent
Rebecca Usai
John L Scott, Spokane Valley
Buyer's Agent
Rebecca Usai
John L Scott, Spokane Valley
List Price
$81,000
Sold Price
$84,500
Premium/Discount to List
$3,500
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$82,357
Interest Rate
4.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steinmann Heinz -- Vista Title And Escrow Llc
505 E Baldwin Avenue Llc $313 None Listed On Document
Grenz Aaron -- None Available
505 E Baldwin Avenue Llc -- None Listed On Document
Grenz Aaron $130,000 First American Title Ins Co
Arnold Tyler A $90,000 First American Title Ins Co
Arnold Tyler A $84,780 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Tyler A $50,000
Previous Owner Arnold Tyler A $82,357
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2022 10/19/22 Sold $342,000 -2.3% $128 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $350,000 +169.2% $131 / Sq Ft
07/31/2015 07/31/15 Sold $130,000 -3.7% $50 / Sq Ft View Prior Sale
06/17/2015 06/17/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $135,000 +59.8% $51 / Sq Ft
01/04/2012 01/04/12 Sold $84,500 +4.3% $44 / Sq Ft View Prior Sale
12/31/2011 12/31/11 Pending -- -- --
08/26/2011 08/26/11 For Sale $81,000 -- $42 / 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 $3,365 $335,600 $75,000 $260,600
2024 $3,365 $338,900 $70,000 $268,900
2023 $3,380 $339,300 $65,000 $274,300
2022 $2,687 $345,400 $65,000 $280,400
2021 $2,466 $207,000 $25,000 $182,000
2020 $2,204 $178,200 $25,000 $153,200
2019 $1,830 $152,900 $23,000 $129,900
2018 $1,849 $132,700 $20,000 $112,700
2017 $1,595 $116,500 $20,000 $96,500
2016 $1,100 $78,500 $20,000 $58,500
2015 $1,124 $78,500 $20,000 $58,500
2014 -- $78,500 $20,000 $58,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcos Nilson

    Seller's Agent in 2022

    Marcos Nilson

    Keller Williams Spokane - Main

    (509) 270-0123

    14 in this area

    103 Total Sales

    Marcos Nilson
    Section Image
  • Bryan Swanson

    Seller Co-Listing Agent in 2022

    Bryan Swanson

    Keller Williams Spokane - Main

    (509) 991-2120

    16 in this area

    73 Total Sales

    Bryan Swanson
    Section Image

  • E

    Buyer's Agent in 2022

    Elise Howard

    eXp Realty, LLC

    Section Image
  • Rebecca Usai

    Seller's Agent in 2015

    Rebecca Usai

    John L Scott, Spokane Valley

    (509) 844-3737

    1 in this area

    52 Total Sales

    Rebecca Usai
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202223430

Spokane Association of REALTORS®

APN: 35083.1010

Washington Spokane County Spokane 99207 Logan

505 E Baldwin Ave, Spokane, WA

Not Listed for Sale

Detached

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