$62,000
SOLD MAR 23, 2015
2 Beds
1 Bath
2,414 Sq Ft
5,670 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

24% Below List Price

94 Days on Market

Highlights

  • Ranch Style House
  • 2 Fireplaces
  • Corner Lot
  • North Central High School Rated A-
  • Separate Formal Living Room
  • Great Room

About This Home

As of February 2016

**Back on the market** Northwest Spokane HUD Home. Formal living room with fireplace and hardwood floors. Main-floor family room open to kitchen kitchen. Basement has additional family room with fireplace, bonus room and a 1/2 bathroom. Vinyl siding. One bathroom and 1360 square feet per FHA appraisal. Two bathrooms and 1363 square feet per county tax records.

Last Agent to Sell the Property

Bob Travis

Windermere Manito, LLC License #27148 Listed on: 11/21/2014

Windermere Manito, LLC

Last Buyer's Agent

Farrah Kaufman

Realty One Group Eclipse License #94146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1941

Lot Details

  • 5,670 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Fireplace Features Masonry
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Separate Formal Living Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 36312.5109

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,324

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1941
  • Geo Address Line: 5624 N Monroe St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/25/2015 5:00:00 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 1360
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Partial, Finished, Fam/Rec Rm, Lndry
  • Basement: Yes
  • Basement Family Room: 1
  • Basement Fireplace: 1
  • Special Features: Mn Flr Util, Wood Flr
  • Design: Rancher
  • Dining Room: Formal
  • Family/Recreation Room: Bsmt, 1st Flr, Off Kit, Outside Ent, Great room, Formal LR
  • Fireplace: Masonry
  • Number of Family Rooms: 2
  • Number of Fireplaces: 2

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Forced Air

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Spokane Dist 81
  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.13
  • Estimated Lot Sq Ft: 5670
  • Loc Dir E W: W
  • Loc Numberblk E W: 10
  • Loc Numberblks N S: 56
  • Lot Information: Level, Corner
  • Parcel Number: 36312.5109
  • Site Improvements: Swr Conn, Pub Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Feb 23, 2016
Sold by
Oakridge Properties Llc
Bought by
Payne Jeremy D and Potts Rachael M
Seller's Agent
Kevin Russell
Kelly Right Real Estate of Spokane
Buyer's Agent
Chad Clelland
Silvercreek Realty Group
List Price
$142,000
Sold Price
$136,000
Premium/Discount to List
-$6,000
-4.23%
Total Days on Market
94
Current Estimated Value
$348,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,637
Avg. Annual Appreciation
10.69%
Original Mortgage
$133,536
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 21, 2014
Closed on
Mar 19, 2015
Sold by
Us Department Of Housing & Urban Develop
Bought by
Oakridge Properties Llc
Seller's Agent
Bob Travis
Windermere Manito, LLC
Buyer's Agent
Farrah Kaufman
Realty One Group Eclipse
List Price
$82,000
Sold Price
$62,000
Premium/Discount to List
-$20,000
-24.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.72%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 18, 2014
Sold by
Nasser Jesse A
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 12, 2006
Sold by
Nasser Kerri
Bought by
Nasser Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,689
Interest Rate
6.44%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $136,000 First American Title Ins Co
Special Warranty Deed -- None Available
Special Warranty Deed -- Servicelink
Deed In Lieu Of Foreclosure -- None Available
Interfamily Deed Transfer -- First American Title Ins
Warranty Deed $124,615 First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,000 Credit Line Revolving
Open $205,000 New Conventional
Closed $20,000 Credit Line Revolving
Closed $165,000 New Conventional
Closed $23,700 Credit Line Revolving
Closed $133,536 FHA
Previous Owner $122,689 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $136,000 -4.2% $56 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $142,000 +129.0% $59 / Sq Ft
03/23/2015 03/23/15 Sold $62,000 -24.4% $26 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $82,000 -- $34 / 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 $3,324 $334,800 $65,000 $269,800
2023 $3,002 $329,100 $50,000 $279,100
2022 $2,800 $306,700 $50,000 $256,700
2021 $2,513 $211,000 $30,000 $181,000
2020 $2,255 $182,300 $27,000 $155,300
2019 $1,964 $164,100 $22,500 $141,600
2018 $2,096 $150,500 $22,500 $128,000
2017 $1,987 $145,300 $22,500 $122,800
2016 $1,958 $140,100 $22,500 $117,600
2015 $1,933 $135,300 $22,500 $112,800
2014 -- $122,000 $22,500 $99,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201427180

Spokane Association of REALTORS®

APN: 36312.5109