NOT LISTED FOR SALE

Estimated Value: $405,922 - $479,000

4 Beds
3 Baths
1,748 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $475,000 $272 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,861/month

40 Days on Market

Highlights

  • 0.35 Acre Lot
  • 3 Car Detached Garage
  • Cooling Available
  • Territorial View
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of June 2023

This multi-family lot is a prime investment opportunity, featuring three units: a 2 bedroom single family home and a duplex with 2, 1 bedroom units. The single-family home has two bedrooms and one bathroom, providing a cozy living space with large laundry room and attached garage. It has also been recently remodeled in 2019 with new roof, exterior paint, interior paint, all new cabinets, appliances, carpet and vinyl, making it highly desirable for potential tenants. The duplex features two one-bedroom units with one being recently updated. The left side tenant has lived there a long time. The property also boasts a 2-car detached garage. Conveniently located close to shopping, schools, and entertainment, this property offers an excellent location for tenants looking for easy access to amenities. Overall, this multi-family lot represents an attractive investment opportunity for savvy buyers looking to add an income-generating property to their portfolio. Come see it today!

Last Agent to Sell the Property

Jeff Hornberger

The Hornberger Group, LLC License #27912 Listed on: 03/24/2023

Last Buyer's Agent

MISC MISC

NON MLS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 1932

Lot Details

  • 0.35

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,748 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Schools

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

Utilities

  • Cooling Available
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 35124.0514

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,168

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1932
  • Style Of Construction: 1 Story
  • Lvt Date: 03/24/2023
  • Common Interest Community: No
  • Geo Address Line: 7109 E Mansfield Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/24/2023 8:32:11 PM
  • Geo Zoom Level: 15
  • Sr High: West Valley
  • Year Renovated: 2019
  • Jr High: Centennial
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1748
  • Price Per Sq Ft: 271.74
  • Number of Stories: 1
  • Design: Rancher, Townhse
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 3
  • Number of Refrigerators: 3

Exterior Features

  • Exterior: Stn Accent, Vinyl, Wood
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Shop Area, Off St Prkg
  • Garage Size: 3
  • Number Garages: 1

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: Avista
  • Water Company: Orchard Av

Schools

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

Lot Info

  • Acres Mol: 0.35
  • Estimated Lot Sq Ft: 15300
  • Loc Dir E W: E
  • Loc Numberblk E W: 69
  • Lot Information: Level
  • Lot View: Territorial
  • Parcel Number: 35124.0514
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 23
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 5167.95
  • Assessor Parcel Number: 35124.0514

Multi Family

  • Number Of Units: 3
  • Number Units A: 1
  • Number Units B: 1
  • Number Units C: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 27, 2023
Sold by
Hauge Michael and Hauge Pandora
Bought by
Dickinson Dwayne D
Seller's Agent
Jeff Hornberger
The Hornberger Group, LLC
Buyer's Agent
MISC MISC
NON MLS
List Price
$475,000
Sold Price
$475,000
Views
131
Current Estimated Value
$445,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,019
Avg. Annual Appreciation
-2.84%
Original Mortgage
$490,675
Outstanding Balance
$478,592
Interest Rate
6.39%
Mortgage Type
VA
Estimated Equity
-$32,611

Purchase Details

Closed on
Dec 23, 2005
Sold by
Shipley Mark and Shipley Cheryl
Bought by
Hauge Michael and Hauge Pandora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 11, 2004
Sold by
Talmac Llc
Bought by
Shipley Mark and Shipley Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2002
Sold by
Katcher David A and Katcher Sheryl A
Bought by
Talmac Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 29, 1994
Sold by
Bold Karl E and Bold Rosanne M
Bought by
Katcher David A and Katcher Sheryl A
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
Dickinson Dwayne D -- None Listed On Document
Hauge Michael $150,000 Pacific Nw Title
Shipley Mark -- Transnation Title
Talmac Llc -- First American Title Ins
Talmac Llc Company $99,000 Transnational Title Ins Co
Katcher David A $84,900 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickinson Dwayne D $490,675
Previous Owner Hauge Michael $120,000
Previous Owner Hauge Michael A $22,500
Previous Owner Hauge Michael $112,500
Previous Owner Shipley Mark $88,000
Previous Owner Talmac Llc Company $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $475,000 0.0% $272 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $475,000 -- $272 / 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 $5,402 $422,500 $90,000 $332,500
2024 $5,402 $416,100 $70,000 $346,100
2023 $5,168 $399,700 $70,000 $329,700
2022 $3,880 $395,300 $60,000 $335,300
2021 $3,878 $213,600 $40,000 $173,600
2020 $3,775 $183,300 $33,000 $150,300
2019 $3,218 $159,900 $37,500 $122,400
2018 $3,538 $152,400 $37,500 $114,900
2017 $3,206 $138,600 $30,000 $108,600
2016 $3,533 $145,250 $29,250 $116,000
2015 $3,334 $140,650 $29,250 $111,400
2014 -- $137,500 $25,500 $112,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202312829

Spokane Association of REALTORS®

APN: 35124.0514