NOT LISTED FOR SALE

541 E Crown Ave Spokane, WA 99207

Nevada Lidgerwood Neighborhood

Estimated Value: $350,000 - $402,000

5 Beds
3 Baths
3,576 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $150,000 $42 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,239/month

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of May 2016

Brick Rancher Duplex close to Northtown Mall & Holy Family Hospital. Both units have full basements - one is finished. Garage parking off alley. Good rental history makes for a great cash flow opportunity for investor. One unit is currently vacant with updated flooring, perfect for potential owner-occupant. Previous total rents were $1350/mo and could be higher.

Last Agent to Sell the Property

Cindy Carrigan

REAL Broker LLC License #21027304 Listed on: 04/07/2016

Last Buyer's Agent

cristi Arleth

Coldwell Banker Tomlinson License #109658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1974

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Alley Access

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,576 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Dishwasher

Schools

  • Rogers High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36323.0826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,965

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1974
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Rec/Family Area, Laundry
  • Appliances: Built-In Range/Oven, Dishwasher, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Alley Access

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Schools

  • High School: Rogers

Lot Info

  • Parcel Number: 36323.0826
  • Lot Size Sq Ft: 6000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1965
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Holliman Andrea
Bought by
Gilles James
Current Estimated Value
$370,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Outstanding Balance
$110,839
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$259,606

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 1, 2016
Sold by
Price Walter and Hedlund Heidi L
Bought by
Holliman Andrea
Seller's Agent
Cindy Carrigan
REAL Broker LLC
Buyer's Agent
cristi Arleth
Coldwell Banker Tomlinson
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Jan 7, 2008
Sold by
Tibbetts Geoff and Tibbetts Christine
Bought by
Price Walter and Hedlund Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,001
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
James David H
Bought by
Tibbetts Geoff and Tibbetts Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2000
Sold by
Lewis Walter L and Lewis Barbara A
Bought by
James David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Gilles James $167,000 First American Title Ins Co
Holliman Andrea $150,000 Stewart Title Of Spokane
Price Walter $179,000 Pacific Nw Title
Tibbetts Geoff $110,000 Pacific Nw Title
James David H $97,500 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilles James $133,600
Previous Owner Price Walter $125,001
Previous Owner Tibbetts Geoff $99,000
Previous Owner James David H $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2016 05/04/16 Sold $150,000 -6.3% $42 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $160,000 -- $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 $3,570 $384,700 $68,000 $316,700
2024 $3,570 $359,700 $60,000 $299,700
2023 $3,428 $350,400 $55,000 $295,400
2022 $2,843 $350,400 $55,000 $295,400
2021 $2,640 $221,700 $30,000 $191,700
2020 $2,385 $192,900 $30,000 $162,900
2019 $1,926 $160,900 $22,000 $138,900
2018 $2,032 $145,900 $20,000 $125,900
2017 $1,923 $140,600 $20,000 $120,600
2016 $1,965 $140,600 $20,000 $120,600
2015 $2,068 $144,800 $27,500 $117,300
2014 -- $128,400 $27,500 $100,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Carrigan

    Seller's Agent in 2016

    Cindy Carrigan

    REAL Broker LLC

    (509) 844-3664

    13 in this area

    311 Total Sales

    Cindy Carrigan
    Section Image

  • c

    Buyer's Agent in 2016

    cristi Arleth

    Coldwell Banker Tomlinson

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201615184

Spokane Association of REALTORS®

APN: 36323.0826

Washington Spokane County Spokane 99207 Nevada Lidgerwood

541 E Crown Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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