NOT LISTED FOR SALE

514 W Kiernan Ave Unit 516 Spokane, WA 99205

North Hill Neighborhood

Estimated Value: $366,957 - $504,000

4 Beds
2 Baths
3,516 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $385,000 $109 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,761/month

6 Days on Market

Highlights

  • Great Room
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • North Central High School Rated A-
  • Oversized Parking
  • Dining Room

About This Home

As of March 2023

Fantastic investment opportunity in the sought-after Garland district close to shopping, dining & theater. Clean duplex owned by the same family for over 30 years. New roof on duplex and garage late summer 2022. Vinyl windows, new carpet & vinyl in 514. 2 BR units with full unfinished basements for expansion and higher income potential. Great floor plans with large living rooms, lots of closet space and natural light. Almost 1,800 sq ft total per unit. 24x24 detached garage with wall separating sides.

Last Agent to Sell the Property

Vic Plese

Plese Realty LLC License #7621 Listed on: 01/26/2023

Co-Listed By

Max Plese

Plese Realty LLC License #132160

Last Buyer's Agent

Traci Bemis

eXp Realty, LLC License #131146

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1975

Lot Details

  • 6,000 Sq Ft Lot
  • Cross Fenced
  • Level Lot

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 3,516 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room

Kitchen

  • Built-In Range
  • Disposal

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Schools

  • Willard Elementary School
  • Glover Middle School
  • North Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35064.0916

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1975
  • Style Of Construction: 1 Story
  • Lvt Date: 01/26/2023
  • Common Interest Community: No
  • Geo Address Line: 514 W Kiernan Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/26/2023 6:59:31 PM
  • Geo Zoom Level: 15
  • Sr High: North Central
  • Jr High: Glover
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3516
  • Price Per Sq Ft: 109.5
  • Number of Stories: 1
  • Basement: Full, Unfinished, Lndry
  • Special Features: Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: Great room
  • Features: Breakers
  • Kitchen Appliances: Blt in R/O, Refrig, Disposal, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: T-111
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Oversized
  • Garage Size: 2
  • Number Garages: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable TV

Schools

  • School District: Spokane Dist 81
  • Elementary School: Willard
  • Middle School: Glover
  • High School: North Central
  • School District: Spokane Dist 81
  • Elementary School: Willard

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6000
  • Loc Dir E W: W
  • Loc Numberblk E W: 5
  • Estimated Lot Dimension Depth: 120
  • Estimated Lot Dimension Front: 50
  • Lot Information: Cross Fncd, Level
  • Parcel Number: 35064.0916
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 37

Tax Info

  • Taxes: 3181

Multi Family

  • Number Of Units: 2
  • Number Units A: 514
  • Number Units B: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 23, 2023
Sold by
Belt Partners Llc
Bought by
Busse James and Busse Mary Ashley
Seller's Agent
Vic Plese
Plese Realty LLC
Buyer's Agent
Traci Bemis
eXp Realty, LLC
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Total Days on Market
6
Views
50
Current Estimated Value
$437,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,489
Avg. Annual Appreciation
5.93%
Original Mortgage
$308,000
Outstanding Balance
$299,988
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$137,501

Purchase Details

Closed on
Jan 5, 2021
Sold by
Belt Kimberly and Estate Of Richard Paul Belt
Bought by
Belt Partners Llc

Purchase Details

Closed on
Oct 9, 2007
Sold by
Sconiers Karla S and Belt Karla Sue
Bought by
Belt Richard
Source: Public Records

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Range of Values:

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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
Busse James -- Wfg National Title
Belt Partners Llc -- None Available
Belt Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busse James $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $385,000 -2.5% $109 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $395,000 -- $112 / 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
2024 $3,664 $369,200 $75,000 $294,200
2023 $3,444 $360,100 $60,000 $300,100
2022 $3,059 $352,000 $55,000 $297,000
2021 $2,889 $242,700 $34,000 $208,700
2020 $2,735 $221,300 $24,000 $197,300
2019 $2,024 $169,100 $24,000 $145,100
2018 $2,255 $162,000 $24,000 $138,000
2017 $2,073 $151,600 $24,000 $127,600
2016 $1,949 $139,400 $24,000 $115,400
2015 $1,811 $126,700 $24,000 $102,700
2014 -- $121,500 $22,000 $99,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Plese

    Seller's Agent in 2023

    Vic Plese

    Plese Realty LLC

    (509) 217-7889

    6 in this area

    147 Total Sales

    Vic Plese
    Section Image
  • Max Plese

    Seller Co-Listing Agent in 2023

    Max Plese

    Plese Realty LLC

    (509) 723-7317

    5 in this area

    93 Total Sales

    Max Plese
    Section Image
  • Traci Bemis

    Buyer's Agent in 2023

    Traci Bemis

    eXp Realty, LLC

    (509) 992-7993

    3 in this area

    86 Total Sales

    Traci Bemis
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202310845

Spokane Association of REALTORS®

APN: 35064.0916

Washington Spokane County Spokane 99205 North Hill

514 W Kiernan Ave Unit 516, Spokane, WA

This home is located at 514 W Kiernan Ave Unit 516, Spokane, WA 99205 since 26 January 2023 and is currently estimated at $437,489, approximately $124 per square foot. This property was built in 1975. 514 W Kiernan Ave Unit 516 is a home located in Spokane County with nearby schools including Willard Elementary School, North Central High School, and Glover Middle School.

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