NOT LISTED FOR SALE

508 E Indiana Ave Spokane, WA 99207

Logan Neighborhood

Estimated Value: $309,000 - $348,000

4 Beds
2 Baths
2,262 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $269,800 $119 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,958/month

Highlights

  • Craftsman Architecture
  • Forced Air Heating and Cooling System
  • Level Lot
  • Lewis & Clark High School Rated A
  • Baseboard Heating
  • Wood Siding

About This Home

As of May 2021

Another great Gonzaga area rental house. On the south side of Indiana, just 5 blocks due north of Gonzaga University's main entrance sits this 4 bed, 1.5 bath investment home. Leased through May 31, 2022. Tenants pay ALL utilities including w/s/g. New gas furnace in 2015 heats the main floor and electric baseboard for the upstairs.

Last Agent to Sell the Property

Marcos Nilson

Keller Williams Spokane - Main License #26340 Listed on: 05/06/2021

Keller Williams Spokane - Main

Co-Listed By

Bryan Swanson

Keller Williams Spokane - Main License #102133

Keller Williams Spokane - Main

Last Buyer's Agent

Bryan Swanson

Keller Williams Spokane - Main License #102133

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 1900

Lot Details

  • 6,292 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,262 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Alley Access
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 35083.4003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,666

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: tenants' personal belongings
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1900
  • Lvt Date: 05/06/2021
  • Common Interest Community: No
  • Geo Address Line: 508 E Indiana Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/6/2021 6:38:47 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2262
  • Price Per Sq Ft: 119.27
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 972
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 0.5
  • First Floor Family Room: 1
  • Second Floor Estimated Sq Ft: 650
  • Second Floor Bedrooms: 3
  • Second Floor Bathrooms: 1
  • Basement: Partial, Unfinished
  • Estimated Basement Sq Ft: 640
  • Basement: Yes
  • Special Features: Mn Flr Util, Nat Wdwrk, Wood Wn Fr, Vinyl Wn Fr
  • Design: Craftsman
  • Family/Recreation Room: 1st Flr
  • Features: Breakers
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Wood
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg, Alley Access
  • Garage Size: 0

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable Internet

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6292
  • Loc Dir E W: E
  • Loc Numberblk E W: 5
  • Loc Numberblks N S: 19
  • Estimated Lot Dimension Depth: 142
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Bk Yd, Level, Fenced
  • Parcel Number: 35083.4003
  • Site Improvements: Pub Sewer, Swr Conn

Tax Info

  • Tax Database Id: 1
  • Taxes: 2666
  • Assessor Parcel Number: 35083.4003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 17, 2021
Sold by
Gehn Daniel L and Lederer Andrew W
Bought by
Jullen Rebecca and Jullen Scott
Seller's Agent
Marcos Nilson
Keller Williams Spokane - Main
Buyer's Agent
Bryan Swanson
Keller Williams Spokane - Main
List Price
$275,000
Sold Price
$269,800
Premium/Discount to List
-$5,200
-1.89%
Current Estimated Value
$327,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,172
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
May 16, 2007
Sold by
Nilson Michael B and Nilson Rhiannon
Bought by
Gehn Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2005
Sold by
Inland Investment Group Llc
Bought by
Nilson Michael B and Nilson Rhiannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,866
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 2001
Sold by
Wolfe Daniel P
Bought by
Inland Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,280
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1998
Sold by
Reidt Gerald D and Reidt Anna Laura
Bought by
Wolfe Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,720
Interest Rate
6.54%
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
Jullen Rebecca $269,800 Wfg National Title Co
Gehn Daniel L $200,000 Pacific Nw Title
Nilson Michael B $128,866 Pacific Nw Title
Inland Investment Group Llc -- Transnation Title Insurance
Wolfe Daniel P $78,500 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gehn Daniel L $180,000
Previous Owner Nilson Michael B $128,866
Previous Owner Inland Investment Group Llc $57,280
Previous Owner Wolfe Daniel P $62,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $269,800 -1.9% $119 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $275,000 -- $122 / 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 $3,115 $317,900 $70,000 $247,900
2024 $3,115 $313,700 $65,000 $248,700
2023 $2,874 $308,100 $60,000 $248,100
2022 $2,927 $293,500 $60,000 $233,500
2021 $2,666 $223,900 $22,000 $201,900
2020 $2,375 $192,100 $22,000 $170,100
2019 $1,935 $161,700 $21,000 $140,700
2018 $1,925 $138,200 $18,000 $120,200
2017 $1,770 $129,400 $18,000 $111,400
2016 $1,737 $124,200 $18,000 $106,200
2015 $1,737 $121,500 $18,000 $103,500
2014 -- $126,600 $18,000 $108,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcos Nilson

    Seller's Agent in 2021

    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 2021

    Bryan Swanson

    Keller Williams Spokane - Main

    (509) 991-2120

    16 in this area

    73 Total Sales

    Bryan Swanson
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202115031

Spokane Association of REALTORS®

APN: 35083.4003

Washington Spokane County Spokane 99207 Logan

508 E Indiana Ave, Spokane, WA

Not Listed for Sale

Detached

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