508 S Ray St Spokane, WA 99202
East Central NeighborhoodEstimated Value: $231,000 - $284,000
2
Beds
1
Bath
1,476
Sq Ft
$179/Sq Ft
Est. Value
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 2018A 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
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
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%
Total Days on Market
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,715
Avg. Annual Appreciation
14.59%
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
Similar Homes in Spokane, WA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $104,000 | |
| Closed | 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
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 |
|---|---|---|---|---|
| 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
-
Seller's Agent in 2018
Rick Figueroa
Coldwell Banker Tomlinson
-
Robert Renecker
Buyer's Agent in 2018
Robert Renecker
Keller Williams Spokane - Main
(509) 209-0114
46 Total Sales
-
Eric Tucker
Seller's Agent in 2015
Eric Tucker
John L Scott, Inc.
(509) 990-3223
7 in this area
174 Total Sales
-
Chris Olney
Buyer's Agent in 2015
Chris Olney
CENTURY 21 Beutler & Associates
(509) 981-6388
3 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 201826820
APN: 35222.4438
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