$65,000
SOLD SEP 12, 2017
2 Beds
1 Bath
1,456 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

116 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of June 2020

Great investment opportunity. 2 Bed, 1 Bath, 1 car detached garage with unfinished basement. Newer water heater. Backyard has a buried bomb shelter! Lot is next to a city owned parcel, so only one neighbor.

Last Agent to Sell the Property

Marcus Jenkins

TCT Real Estate, Inc. License #127600 Listed on: 05/19/2017

Last Buyer's Agent

Susan Woods-Evans

Amplify Real Estate Services License #87490

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1947

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Unfinished Basement

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

Schools

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

Additional Features

  • 1-Story Property
  • 8,712 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 35222.4507

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,165

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1947
  • Lvt Date: 05/19/2017
  • Geo Address Line: 525 S Ray St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/13/2017 7:13:35 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Jr High: Chase
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 728
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full, Unfinished, Lndry
  • Basement: Yes
  • Design: Traditional
  • Kitchen Appliances: Refrig
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Metal
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas
  • Power Company: Avista

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: 0.2
  • Estimated Lot Sq Ft: 8712
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 40
  • Loc Numberblks N S: 5
  • Parcel Number: 35222.4507
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 1164.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2020
Closed on
Jun 5, 2020
Sold by
Evans Susan
Bought by
Giltner Carmel M and Giltner Nathan C
Seller's Agent
Susan Woods-Evans
Amplify Real Estate Services
Buyer's Agent
Samantha Russell
Bernadette Pillar Real Estate
List Price
$189,000
Sold Price
$202,500
Premium/Discount to List
$13,500
7.14%
Total Days on Market
116
Current Estimated Value
$284,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,979
Avg. Annual Appreciation
7.05%
Original Mortgage
$35,000
Outstanding Balance
$25,548
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$258,931

Purchase Details

Listed on
May 19, 2017
Closed on
Aug 3, 2017
Sold by
Sandstrom Giffing Sandra M and Sandstrom Sandi M
Bought by
Evans Susan M
Seller's Agent
Marcus Jenkins
TCT Real Estate, Inc.
Buyer's Agent
Susan Woods-Evans
Amplify Real Estate Services
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.40%
Original Mortgage
$58,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 1995
Sold by
Inland Empire Residential Resources
Bought by
Sandstrom Sandi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,753
Interest Rate
7.42%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Hud
Bought by
Inland Empire Residential Resources
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $202,500 First American Title
Warranty Deed $65,000 First American Title Ins Co
Warranty Deed $56,000 Stewart Title
Warranty Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Unknown
Open $35,000 New Conventional
Previous Owner $58,500 New Conventional
Previous Owner $34,753 No Value Available
Closed $22,629 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold $202,500 +0.2% $139 / Sq Ft
04/30/2020 04/30/20 Price Changed $202,000 +6.9% $139 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $189,000 +190.8% $130 / Sq Ft
09/12/2017 09/12/17 Sold $65,000 0.0% $45 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $65,000 -- $45 / 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 $2,363 $237,700 $60,000 $177,700
2023 $2,522 $263,600 $55,000 $208,600
2022 $2,324 $257,400 $55,000 $202,400
2021 $1,642 $137,500 $29,900 $107,600
2020 $1,408 $113,480 $27,180 $86,300
2019 $1,182 $98,530 $24,630 $73,900
2018 $1,232 $88,230 $24,630 $63,600
2017 $1,153 $84,100 $26,000 $58,100
2016 $1,035 $73,800 $19,500 $54,300
2015 $793 $73,800 $19,500 $54,300
2014 -- $80,300 $26,000 $54,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201717071

Spokane Association of REALTORS®

APN: 35222.4507