NOT LISTED FOR SALE

Estimated Value: $199,000 - $236,400

2 Beds
1 Bath
708 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 09, 2014

Last sale price $86,900 $123 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,308/month

106 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Oversized Parking
  • Building Patio
  • Level Lot

About This Home

As of June 2014

Cheaper than rent! Close to SCC, Costco and the new Wal-Mart! Rancher in the quiet neighborhood of Parkwater. Nicely kept home with low utilities. Home is on sewer and paid for. Perfect starter home. Updated features include: Vinyl windows, 200 amp service panel, garage door and opener, and 50 gallon water heater. Kitchen has freestanding stove, dishwasher and eating space. Also has gas forced air, fenced back yard, patio, oversized garage and off street parking.

Last Agent to Sell the Property

Tom Chesher

Live Real Estate, LLC License #72243 Listed on: 01/08/2014

Last Buyer's Agent

Pat Isbell

Hilton Real Estate, Inc. License #18388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1943

Lot Details

  • 5,000 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Metal Siding

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Orchard Center Elementary School
  • Centennial Middle School
  • West Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • Parkwater Subdivision
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35114.0811

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1943
  • Geo Address Line: 5631 E Commerce Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/10/2014 9:07:14 PM
  • Geo Zoom Level: 15
  • Sr High: West Valley
  • Year Renovated: 2008
  • Jr High: Centennial
  • Subdivision/Development: Parkwater
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 708
  • Price Per Sq Ft: 122.74
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 708
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Crawl
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Kit Eat Sp
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W
  • Primary Bedroom: 1st Flr

Exterior Features

  • Exterior: Metal
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Opener, Off St Prkg, Oversized
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Cable TV, Patio

Schools

  • School District: West Valley
  • Elementary School: Orchard Center

Lot Info

  • Acres Mol: 0.12
  • Estimated Lot Sq Ft: 5000
  • Loc Dir E W: E
  • Loc Numberblk E W: 56
  • Loc Numberblks N S: 17
  • Estimated Lot Dimension Depth: 100
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Bk Yd, Level
  • Parcel Number: 35114.0811
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 935
  • Assessor Parcel Number: 35114.0811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
May 27, 2014
Sold by
Mays Kenneth E
Bought by
Frankiewicz Matthew J
Seller's Agent
Tom Chesher
Live Real Estate, LLC
Buyer's Agent
Pat Isbell
Hilton Real Estate, Inc.
List Price
$84,900
Sold Price
$86,900
Premium/Discount to List
$2,000
2.36%
Current Estimated Value
$221,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,450
Avg. Annual Appreciation
8.42%
Original Mortgage
$85,325
Outstanding Balance
$65,071
Interest Rate
4.27%
Mortgage Type
FHA
Estimated Equity
$156,279

Purchase Details

Closed on
Jan 20, 2006
Sold by
Thompson Linda A
Bought by
Mays Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,920
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1998
Sold by
Gordon John E and Gordon Sharon R
Bought by
Thompson Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frankiewicz Matthew J $86,900 Spokane County Title Co
Mays Kenneth E $84,900 Spokane County Title Co
Thompson Linda A -- Spokane County Title Co
Thompson Linda A $65,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankiewicz Matthew J $85,325
Previous Owner Mays Kenneth E $67,920
Previous Owner Thompson Linda A $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2014 06/09/14 Sold $86,900 +2.4% $123 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $84,900 -- $120 / 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 $1,829 $197,100 $60,000 $137,100
2024 $1,829 $189,900 $60,000 $129,900
2023 $1,558 $179,900 $50,000 $129,900
2022 $1,500 $164,400 $50,000 $114,400
2021 $1,468 $121,700 $33,500 $88,200
2020 $1,488 $109,700 $25,000 $84,700
2019 $1,300 $105,600 $25,000 $80,600
2018 $1,499 $100,700 $25,000 $75,700
2017 $1,180 $80,100 $15,000 $65,100
2016 $1,185 $78,900 $15,000 $63,900
2015 $1,008 $65,300 $15,000 $50,300
2014 -- $63,800 $15,000 $48,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201410591

Spokane Association of REALTORS®

APN: 35114.0811