NOT LISTED FOR SALE

507 E Montgomery Ave Spokane, WA 99207

Logan Neighborhood

Estimated Value: $324,000 - $398,000

4 Beds
3 Baths
1,646 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $249,900 $152 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,237/month

41 Days on Market

Highlights

  • Wood Burning Stove
  • Territorial View
  • Forced Air Heating and Cooling System
  • Lewis & Clark High School Rated A
  • 1 Car Detached Garage
  • Breakfast Bar

About This Home

As of June 2019

This fully updated 4 bedroom, 3 bathroom bungalow is move-in ready. Located in the Gonzaga District. Open concept living space, wood burning stove, original built-ins. 2,000 sq. ft. of updates and features. New paint, new flooring throughout, new cabinets, quartz countertops, new hardware and fixtures, stainless steel appliances. Minutes to Gonzaga University, downtown Spokane, dining. This home could also be used as rental income for investors to house students. MUST SEE.

Last Agent to Sell the Property

Aaron Farr

REAL Broker LLC License #22007554 Listed on: 04/05/2019

Last Buyer's Agent

Jerry Hornberger

The Hornberger Group, LLC License #121381

The Hornberger Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 1923

Lot Details

  • 5,913 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Dining Room
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Rough in Bedroom

Parking

  • 1 Car Detached Garage
  • Alley Access

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 35083.0204

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,442

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1923
  • Lvt Date: 04/05/2019
  • Common Interest Community: No
  • Geo Address Line: 507 E Montgomery Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/5/2019 9:54:30 PM
  • Geo Zoom Level: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 3
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1096
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Finished, RI Bdrm, RI Bath
  • Estimated Basement Sq Ft: 550
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 2
  • Design: Bungalow
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: 1st Flr
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Pantry
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1
  • Stove: Wood Burn

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

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

Utilities

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

Schools

  • School District: Spokane Dist 81
  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 5913
  • Loc Dir E W: E
  • Loc Numberblk E W: 5
  • Loc Numberblks N S: 23
  • Estimated Lot Dimension Depth: 138
  • Estimated Lot Dimension Front: 43
  • Lot Information: Level, Fenced
  • Lot View: Territorial
  • Parcel Number: 35083.0204
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 35083.0204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 29, 2019
Sold by
Farr Aaron and Jones Alan
Bought by
Balmelli Robert W and Balmelli Cherene G
Seller's Agent
Aaron Farr
REAL Broker LLC
Buyer's Agent
Jerry Hornberger
The Hornberger Group, LLC
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$353,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,141
Avg. Annual Appreciation
6.42%
Original Mortgage
$196,000
Outstanding Balance
$173,045
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$192,844

Purchase Details

Closed on
Dec 5, 2018
Sold by
Farr Krista and Farr Aaron
Bought by
Farr Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,510
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2018
Sold by
Jones Sami and Jones Alan
Bought by
Jones Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,510
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2004
Sold by
Rodgers Ronnald
Bought by
Miller Robyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,963
Interest Rate
6.24%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2003
Sold by
Lund Colleen
Bought by
Sierra Hector
Source: Public Records

Range of Values:

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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
Balmelli Robert W $249,900 Wfg Natl Ttl Co Of Eastern W
Farr Aaron -- Ticor Title Co
Jones Alan -- Ticor Title Co
Farr Aaron $130,000 Ticor Title Co
Miller Robyn L -- First American Title Ins
Miller Robyn L $117,000 First American Title Ins
Sierra Hector $57,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balmelli Robert W $196,000
Previous Owner Farr Aaron $120,510
Previous Owner Miller Robyn L $97,162
Previous Owner Miller Robyn L $17,827
Previous Owner Miller Robyn L $115,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2019 06/20/19 Sold $249,900 0.0% $152 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $249,900 -- $152 / 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 $3,442 $338,800 $75,000 $263,800
2024 $3,442 $346,700 $70,000 $276,700
2023 $3,736 $367,700 $65,000 $302,700
2022 $3,250 $381,900 $65,000 $316,900
2021 $3,022 $253,900 $25,000 $228,900
2020 $2,774 $224,500 $25,000 $199,500
2019 $1,504 $125,500 $23,000 $102,500
2018 $1,510 $108,300 $20,000 $88,300
2017 $1,400 $102,200 $20,000 $82,200
2016 $1,371 $97,900 $20,000 $77,900
2015 $1,374 $96,000 $20,000 $76,000
2014 -- $100,600 $20,000 $80,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aaron Farr

    Seller's Agent in 2019

    Aaron Farr

    REAL Broker LLC

    (509) 768-3722

    6 in this area

    300 Total Sales

    Section Image
  • Jerry Hornberger

    Buyer's Agent in 2019

    Jerry Hornberger

    The Hornberger Group, LLC

    (509) 995-4114

    1 in this area

    104 Total Sales

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201913731

Spokane Association of REALTORS®

APN: 35083.0204

Washington Spokane County Spokane 99207 Logan

507 E Montgomery Ave, Spokane, WA

This home is located at 507 E Montgomery Ave, Spokane, WA 99207 since 05 April 2019 and is currently estimated at $360,116, approximately $218 per square foot. This property was built in 1923. 507 E Montgomery Ave is a home located in Spokane County with nearby schools including Logan Elementary School, Shaw 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.
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