NOT LISTED FOR SALE

7101 E Fairview Ave Spokane Valley, WA 99212

Chief Garry Park Neighborhood

Estimated Value: $365,453 - $398,000

3 Beds
2 Baths
1,763 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $80,000 $45 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $2,429/month

69 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Frame Window
  • Bungalow
  • Utility Room

About This Home

As of December 2012

Needs a little TLC, but priced for quick sale, tax assessed at 150K. Split duplex setup. 2 separate houses on 1 parcel. Over $1200/mo gross rental income currently. Tennants pay all utilities. Bigger house has 4th BR in bsmt - no egress though. Owner contract is possible with a minimum 30-35K down, 15 year term, 6% interest.

Last Agent to Sell the Property

Michael Martindale

Real Estate Marketplace NW,Inc License #45489 Listed on: 08/03/2012

Last Buyer's Agent

Hal Greene

Windermere North License #49322

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 12,300 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Wood Frame Window
  • Utility Room
  • Free-Standing Range
  • Partially Finished Basement

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Gas Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35121.1609

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Year Built: 1927
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.28
  • Road Frontage Type: Paved Road
  • Reso Association Amenities: Gas, None
  • Co List Office Phone: 509-276-5445
  • MLS Status: Sold
  • Architectural Style: Rancher, Bungalow
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Utility Room, Windows Wood
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1999

Interior Features

  • Basement: Partial, Partially Finished
  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Workshop in Garage
  • Total Parking Spaces: 486

Utilities

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

Schools

  • Elementary School: Orchard
  • High School: West Valley
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 35121.1609
  • Lot Size Sq Ft: 12300

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3195
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2016
Sold by
Bowers Christopher D and Bowers Deborah S
Bought by
Swanson Joseph O and Swanson Kristi D
Current Estimated Value
$379,863

Purchase Details

Closed on
Feb 28, 2014
Sold by
Swanson Joseph O and Swanson Kristi D
Bought by
Bowers Christopher D and Bowers Deborah S

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 30, 2012
Sold by
Montague Jenny
Bought by
Swanson Joseph O and Swanson Kristi D
Seller's Agent
Michael Martindale
Real Estate Marketplace NW,Inc
Buyer's Agent
Hal Greene
Windermere North
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Montague Mike A
Bought by
Montague Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,024
Interest Rate
10.75%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Montague Mike A
Bought by
Montague Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,024
Interest Rate
10.75%
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
Swanson Joseph O $52,000 None Available
Bowers Christopher D $40,000 None Available
Swanson Joseph O $80,280 Inland Professional Title Ll
Montague Jenny $68,024 Transnation Title Insurance
Montague Jenny -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montague Jenny $68,024
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2012 12/03/12 Sold $80,000 -15.8% $45 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $95,000 -- $54 / Sq Ft
Source: Spokane Association of REALTORS®

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 $4,952 $386,300 $90,000 $296,300
2024 $4,952 $394,400 $70,000 $324,400
2023 $4,937 $417,000 $70,000 $347,000
2022 $3,916 $407,000 $60,000 $347,000
2021 $3,869 $234,400 $40,000 $194,400
2020 $3,801 $198,500 $33,000 $165,500
2019 $3,142 $175,200 $37,500 $137,700
2018 $3,457 $164,700 $37,500 $127,200
2017 $3,081 $147,000 $30,000 $117,000
2016 $2,814 $126,950 $29,250 $97,700
2015 $2,826 $124,850 $29,250 $95,600
2014 -- $118,000 $25,500 $92,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Martindale

    Real Estate Marketplace NW,Inc

    Section Image

  • H

    Buyer's Agent in 2012

    Hal Greene

    Windermere North

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201220817

Spokane Association of REALTORS®

APN: 35121.1609

Washington Spokane County Spokane Valley 99212 Chief Garry Park

7101 E Fairview Ave, Spokane Valley, WA

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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