NOT LISTED FOR SALE

508 S Ray St Spokane, WA 99202

East Central Neighborhood

Estimated Value: $194,000 - $271,000

2 Beds
1 Bath
1,476 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $110,000 $75 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,486/month

50 Days on Market

Highlights

  • RV Access or Parking
  • 1 Car Detached Garage
  • Bungalow
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2018

A nice 2 bedroom 1 bath 1 car garage home with incredible opportunity. New 95% efficiency furnace in 2015, new vinyl windows in 2015, close to downtown and close to shopping. Nice size backyard, front yard has potential. Basement unfinished, great for possible shop and lots of storage. Easy access to freeway. Call to schedule showing before this opportunity is taken.

Last Agent to Sell the Property

Rick Figueroa

Coldwell Banker Tomlinson License #136435 Listed on: 11/01/2018

Coldwell Banker Tomlinson

Last Buyer's Agent

Robert Renecker

Keller Williams Spokane - Main License #23012436

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1922

Lot Details

  • 6,750 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Open Lot

Home Design

  • Bungalow
  • Composition Roof
  • Asbestos Siding
  • Hardboard

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Built-In Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Schools

  • Sheridan Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 35222.4438

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,269

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1922
  • Lvt Date: 11/01/2018
  • Common Interest Community: No
  • Geo Address Line: 508 S Ray St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/1/2018 10:07:15 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Jr High: Chase
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1476
  • Price Per Sq Ft: 74.53
  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 816
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Partial, Unfinished
  • Estimated Basement Sq Ft: 661
  • Basement Percent: 80
  • Basement: Yes
  • Special Features: Wood Wn Fr, Alum Wn Fr, Vinyl Wn Fr
  • Design: Bungalow
  • Dining Room: Formal
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Blt in R/O, Refrig
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Hardboard, Asbestos
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air, Hi Eff Furn (>90%)
  • Power Company: Avista
  • Water Company: City

Schools

  • School District: Spokane Dist 81
  • Elementary School: Sheridan
  • Middle School: Chase
  • High School: Ferris
  • School District: Spokane Dist 81
  • Elementary School: Sheridan

Lot Info

  • Acres Mol: 0.15
  • Estimated Lot Sq Ft: 6750
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 32
  • Loc Numberblks N S: 5
  • Estimated Lot Dimension Depth: 135
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Bk Yd, Level, Open, Bus Rt
  • Parcel Number: 35222.4438
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 1269
  • Assessor Parcel Number: 35222.4438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 11, 2018
Sold by
Gamon Paul
Bought by
Shepard David Alexander
Seller's Agent
Rick Figueroa
Coldwell Banker Tomlinson
Buyer's Agent
Robert Renecker
Keller Williams Spokane - Main
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%
Current Estimated Value
$248,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,956
Avg. Annual Appreciation
13.82%
Original Mortgage
$101,850
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 17, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Gamon Paul
Seller's Agent
Eric Tucker
John L Scott, Inc.
Buyer's Agent
Chris Olney
CENTURY 21 Beutler & Associates
List Price
$30,000
Sold Price
$30,100
Premium/Discount to List
$100
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.40%

Purchase Details

Closed on
Apr 30, 2015
Sold by
The Bank Of New York Mellon
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 8, 2013
Sold by
Schofield Amber
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 10, 2004
Sold by
Mcspadden Cheryl L
Bought by
Schofield Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,322
Interest Rate
5.82%
Mortgage Type
FHA
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
Shepard David Alexander $105,000 First American Title Ins Co
Gamon Paul -- First American Title Ins Co
The Secretary Of Housing & Urban Develop -- Spokane County Title Company
The Bank Of New York Mellon $74,866 Spokane County Title Co
Schofield Amber $68,900 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepard David Alexander $101,850
Previous Owner Schofield Amber $68,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $110,000 +4.8% $75 / Sq Ft
11/01/2018 11/01/18 For Sale $105,000 +248.8% $71 / Sq Ft
08/20/2015 08/20/15 Sold $30,100 +0.3% $20 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $30,000 -- $20 / 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 $1,997 $223,000 $75,000 $148,000
2024 $1,997 $200,700 $60,000 $140,700
2023 $2,171 $226,500 $55,000 $171,500
2022 $1,906 $221,400 $55,000 $166,400
2021 $1,681 $140,810 $24,710 $116,100
2020 $1,423 $114,680 $22,280 $92,400
2019 $1,236 $103,050 $20,250 $82,800
2018 $1,269 $90,950 $20,250 $70,700
2017 $1,138 $83,000 $20,000 $63,000
2016 $1,028 $73,300 $15,000 $58,300
2015 $1,050 $73,300 $15,000 $58,300
2014 -- $78,300 $20,000 $58,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rick Figueroa

    Coldwell Banker Tomlinson

    Section Image
  • Robert Renecker

    Buyer's Agent in 2018

    Robert Renecker

    Keller Williams Spokane - Main

    (509) 209-0114

    45 Total Sales

    Robert Renecker
    Section Image
  • Eric Tucker

    Seller's Agent in 2015

    Eric Tucker

    John L Scott, Inc.

    (509) 990-3223

    6 in this area

    159 Total Sales

    Eric Tucker
    Section Image

  • C

    Buyer's Agent in 2015

    Chris Olney

    CENTURY 21 Beutler & Associates

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201826820

Spokane Association of REALTORS®

APN: 35222.4438

Washington Spokane County Spokane 99202 East Central

508 S Ray St, Spokane, WA

This home is located at 508 S Ray St, Spokane, WA 99202 since 01 November 2018 and is currently estimated at $248,956, approximately $168 per square foot. This property was built in 1922. 508 S Ray St is a home located in Spokane County with nearby schools including Sheridan Elementary School, Chase Middle School, and Ferris 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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