NOT LISTED FOR SALE

627 S King St Airway Heights, WA 99001

Estimated Value: $292,000 - $329,000

4 Beds
2 Baths
1,750 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $301,490 $172 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,942/month

6 Days on Market

Highlights

  • Territorial View
  • Fenced Yard
  • Level Lot
  • Ranch Style House
  • Forced Air Heating System
  • 4-minute walk to Traditions Park

About This Home

As of June 2024

House hacking opportunity. Live in one unit and rent out the other to bring down your payment. Tenants enjoy forced air gas heat, large comfortable units, ample off street parking, separate fenced backyards, and a convenient location near parks, restaurants, library, grocery store, and elementary school. Easy commute to Fairchild Air Force Base, Amazon, airport, casinos, and downtown Spokane. Tenants pay all utilities other than water and sewer. (Owner also pays for lawn care). Indicated rents are pro-forma. 629 S. King is vacant for viewing. Manager has recommended $1200 and said we could maybe go higher. The other side, 627 S. King is currently rented at $750 to a very long term tenant. Property manager sent offer increasing to $785 on renewal (on June 30) so it is not too big of an increase.

Last Agent to Sell the Property

Deepak Malhotra

Cheney Realty, Inc. License #49942 Listed on: 05/04/2024

Last Buyer's Agent

Keri McCombs

RE/MAX Inland Empire License #124688

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1950

Lot Details

  • 9,375 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Ranch Style House

Parking

  • 4 Parking Spaces
  • Off-Site Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Furnace

Additional Features

  • Territorial Views
  • Free-Standing Range

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15234.2905

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,166

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Open Lot
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: None
  • Co List Office Phone: (509) 235-6191
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: Duplex
  • Master Plan Zoning: R-2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: Off Site, Assigned
  • Total Parking Spaces: 4

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 15234.2905
  • Lot Size Sq Ft: 9375
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2166
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jun 7, 2024
Sold by
Murphy-Malhotra Veronica
Bought by
Chase Nishi and Chase Cole
Seller's Agent
Deepak Malhotra
Cheney Realty, Inc.
Buyer's Agent
Keri McCombs
RE/MAX Inland Empire
List Price
$299,900
Sold Price
$301,490
Premium/Discount to List
$1,590
0.53%
Views
10
Current Estimated Value
$312,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,133
Avg. Annual Appreciation
1.81%
Original Mortgage
$241,192
Outstanding Balance
$238,844
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$69,201

Purchase Details

Listed on
Oct 26, 2013
Closed on
Jun 4, 2014
Sold by
Malhotra Deepak
Bought by
Murphy Malhotra Veronica
Seller's Agent
Jerry Kreshel
Bertis & Wieber, LLC.
Buyer's Agent
Deepak Malhotra
Cheney Realty, Inc.
List Price
$105,000
Sold Price
$99,000
Premium/Discount to List
-$6,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$74,250
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2013
Sold by
Ferguson Loren
Bought by
Ferguson Loren L

Purchase Details

Closed on
Jan 27, 2005
Sold by
Fox James R and Fox Kathleen J
Bought by
Lebsack Raymond and Lebsack Annette
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
Chase Nishi $301,490 Ticor Title
Murphy Malhotra Veronica -- First American Title Ins Co
Murphy Malhotra Veronica L $99,000 First American Title Ins Co
Ferguson Loren L -- Accommodation
Lebsack Raymond $99,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Nishi $241,192
Previous Owner Murphy Malhotra Veronica L $74,250
Previous Owner Lebsack Raymond $43,212
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $301,490 +0.5% $172 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $299,900 +202.9% $171 / Sq Ft
06/10/2014 06/10/14 Sold $99,000 -5.7% $57 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
10/26/2013 10/26/13 For Sale $105,000 -- $60 / 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 $2,870 $273,000 $70,000 $203,000
2024 $2,870 $268,400 $70,000 $198,400
2023 $2,121 $268,700 $76,500 $192,200
2022 $1,520 $268,700 $76,500 $192,200
2021 $1,535 $142,300 $33,000 $109,300
2020 $1,583 $139,700 $30,000 $109,700
2019 $1,432 $129,400 $30,000 $99,400
2018 $1,430 $110,150 $18,750 $91,400
2017 $1,306 $107,850 $18,750 $89,100
2016 $1,080 $97,150 $18,750 $78,400
2015 $1,074 $94,150 $18,750 $75,400
2014 -- $94,150 $18,750 $75,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Deepak Malhotra

    Cheney Realty, Inc.

    (509) 235-6191

    10 Total Sales

    Deepak Malhotra
    Section Image
  • Keri McCombs

    Buyer's Agent in 2024

    Keri McCombs

    RE/MAX Inland Empire

    (509) 844-5843

    89 Total Sales

    Keri McCombs
    Section Image

  • J

    Seller's Agent in 2014

    Jerry Kreshel

    Bertis & Wieber, LLC.

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202415666

Spokane Association of REALTORS®

APN: 15234.2905

Washington Spokane County Airway Heights 99001

627 S King St, Airway Heights, WA

This home is located at 627 S King St, Airway Heights, WA 99001 since 04 May 2024 and is currently estimated at $312,623, approximately $178 per square foot. This property was built in 1950. 627 S King St is a home located in Spokane County with nearby schools including Sunset Elementary School, Westwood Middle School, and Cheney 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.

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