$65,000
SOLD SEP 12, 2017

525 S Ray St Spokane, WA 99202

East Central Neighborhood
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 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 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%
Current Estimated Value
$295,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,516
Avg. Annual Appreciation
7.34%
Original Mortgage
$35,000
Outstanding Balance
$25,017
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$269,999

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 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

Range of Values:

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Average Value
Not Available
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 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
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
2025 $2,363 $260,000 $75,000 $185,000
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

  • S

    Seller's Agent in 2020

    Susan Evans

    Amplify Real Estate Services

    (509) 710-8846

    69 Total Sales

    Susan Evans
    Section Image
  • Samantha Russell

    Buyer's Agent in 2020

    Samantha Russell

    Bernadette Pillar Real Estate

    (509) 217-5357

    1 in this area

    17 Total Sales

    Samantha Russell
    Section Image

  • M

    Seller's Agent in 2017

    Marcus Jenkins

    TCT Real Estate, Inc.

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201717071

Spokane Association of REALTORS®

APN: 35222.4507

Washington Spokane County Spokane 99202 East Central

525 S Ray St, Spokane, WA

This home is located at 525 S Ray St, Spokane, WA 99202 and is currently priced at $65,000, approximately $44 per square foot. This property was built in 1947. 525 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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