NOT LISTED FOR SALE

527 E Indiana Ave Spokane, WA 99207

Logan Neighborhood

Estimated Value: $394,000 - $454,000

6 Beds
2 Baths
2,939 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $430,000 $146 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,689/month

42 Days on Market

Highlights

  • Craftsman Architecture
  • Corner Lot
  • 1 Car Detached Garage
  • Lewis & Clark High School Rated A
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Fantastic Investment opportunity now on the market! This property is rented as a SRO, Single Room Occupancy model and is currently fully rented. Located just blocks north of the U-District and Gonzaga University, centrally located for the bus line, and just ten minutes North of Downtown. This property has been updated with new paint throughout, newer roof, and newer windows. Tenants share a common living space, Kitchen, and two bathrooms. This is a fabulous opportunity! Get ahold of us to learn more.

Last Agent to Sell the Property

Sara Koenig

American R.E. Associates, Inc License #126555 Listed on: 10/18/2022

Last Buyer's Agent

Shannon Beckner

Coldwell Banker Tomlinson License #21020976

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1920

Lot Details

  • 4,500 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Microwave

Schools

  • Logan Elementary School
  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 35083.1509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,282

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1920
  • Style Of Construction: 1 Story
  • Lvt Date: 10/18/2022
  • Common Interest Community: No
  • Geo Address Line: 527 E Indiana Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/18/2022 8:30:07 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Shaw
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Full, Part Fin
  • Design: Craftsman
  • Dining Room: Formal
  • Family/Recreation Room: 1st Flr
  • Features: 200 AMP
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, Refrig, Microwave
  • Number of Ranges: 1
  • Number of Refrigerators: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 1
  • Number Garages: 1

Utilities

  • Heating/Cooling: Gas, Forced Air, Wind A/C
  • Power Company: Avista
  • Water Company: Avista

Condo/Co-op/Association

  • Common Amenities: Comm elec/gas

Schools

  • School District: Spokane Dist 81
  • Elementary School: Logan
  • Middle School: Shaw
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Logan

Lot Info

  • Acres Mol: 0.1
  • Estimated Lot Sq Ft: 4500
  • Lot Information: Level, Corner
  • Parcel Number: 35083.1509
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Multi Family

  • Number Of Units: 1
  • Number Units A: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Jan 18, 2023
Sold by
Mcmanus James
Bought by
Manus Properties Llc
Seller's Agent
Sara Koenig
American R.E. Associates, Inc
Buyer's Agent
Shannon Beckner
Coldwell Banker Tomlinson
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Views
16
Current Estimated Value
$425,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,019
Avg. Annual Appreciation
-0.58%
Original Mortgage
$322,500
Outstanding Balance
$313,988
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$109,538

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 22, 2022
Sold by
Brian Revelli Trust
Bought by
Mcmanus James R
Seller's Agent
Sara Koenig
American R.E. Associates, Inc
Buyer's Agent
Shannon Beckner
Coldwell Banker Tomlinson
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$313,988
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$109,538

Purchase Details

Closed on
Oct 11, 2022
Sold by
Rh Holdings Llc
Bought by
Brian Revelli Trust and Hunt Trust

Purchase Details

Closed on
Mar 31, 2012
Sold by
Revelli Brian and Hunt Woodlee
Bought by
Rh Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,463
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Rh Holdings Llc
Bought by
Revelli Brian and Hunt Woodlee

Purchase Details

Closed on
May 28, 2010
Sold by
Hunt Woodlee
Bought by
Rh Holdings Llc

Purchase Details

Closed on
May 10, 2010
Sold by
Rh Holdings Llc
Bought by
Hunt Woodlee

Purchase Details

Closed on
Aug 15, 2006
Sold by
Revelli Brian P and Hunt Woodlee T
Bought by
Rh Holdings Llc

Purchase Details

Closed on
Dec 19, 2003
Sold by
Dolan Michael T and Dolan Susan J
Bought by
Revelli Brian and Hunt Woody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Manus Properties Llc -- --
Mcmanus James R -- Ticor Title
Brian Revelli Trust -- Ticor Title
Rh Holdings Llc -- Pacific Northwest Title
Revelli Brian -- Pacific Northwest Title
Rh Holdings Llc -- Pacific Northwest Title
Hunt Woodlee -- Pacific Northwest Title
Rh Holdings Llc -- None Available
Revelli Brian $110,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanus James R $322,500
Previous Owner Revelli Brian $98,463
Previous Owner Revelli Brian $13,500
Previous Owner Revelli Brian $108,000
Previous Owner Revelli Brian $88,000
Closed Revelli Brian $24,361
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $430,000 -1.1% $146 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $435,000 0.0% $148 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $435,000 -- $148 / 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 $4,282 $423,700 $68,000 $355,700
2024 $4,282 $380,200 $63,000 $317,200
2023 $3,028 $311,400 $58,000 $253,400
2022 $2,628 $309,300 $58,000 $251,300
2021 $2,411 $202,400 $23,000 $179,400
2020 $2,154 $174,100 $23,000 $151,100
2019 $1,751 $146,200 $20,500 $125,700
2018 $1,745 $125,200 $17,500 $107,700
2017 $1,608 $117,500 $17,500 $100,000
2016 $1,595 $114,000 $17,500 $96,500
2015 $1,630 $114,000 $17,500 $96,500
2014 -- $114,000 $17,500 $96,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sara Koenig

    Seller's Agent in 2022

    Sara Koenig

    American R.E. Associates, Inc

    (509) 939-5940

    4 in this area

    88 Total Sales

    Section Image
  • Shannon Beckner

    Buyer's Agent in 2022

    Shannon Beckner

    Coldwell Banker Tomlinson

    (509) 710-4843

    2 in this area

    52 Total Sales

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202224305

Spokane Association of REALTORS®

APN: 35083.1509

Washington Spokane County Spokane 99207 Logan

527 E Indiana Ave, Spokane, WA

This home is located at 527 E Indiana Ave, Spokane, WA 99207 since 18 October 2022 and is currently estimated at $428,513, approximately $145 per square foot. This property was built in 1920. 527 E Indiana Ave is a home located in Spokane County with nearby schools including Logan Elementary School, Shaw Middle School, and Lewis & Clark 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.
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