NOT LISTED FOR SALE

Estimated Value: $326,000 - $358,000

3 Beds
2 Baths
1,605 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $110,151 $69 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,033/month

39 Days on Market

Highlights

  • Territorial View
  • 2 Car Detached Garage
  • Building Patio
  • Oversized Lot
  • Oversized Parking
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

Cute Spokane Valley HUD Home. This Rancher has 2 Spacious Main Floor Bedrooms & 1 Bathroom. The Basement has 1 Non Egress Bedroom & 1 Bathroom. The Yard is Fenced & Features a Covered Patio & an Oversized 2 Car Garage with Auto Mechanic Pit. Convenient Location, Close to Dishman Hills Natural Area. Per FHA Appraisal: 2 Bed, 1 Bath & 885 Sq Ft. Per Tax Records: 3 Bed, 2 Bath & 1605 Total Approximate Sq. Ft. Please make an appointment to view this home with a Real Estate Agent or Broker of your choice.

Last Agent to Sell the Property

John Stirling

Stirling Group License #24973 Listed on: 12/06/2018

Last Buyer's Agent

Jeffrey Paulus

RE/MAX Citibrokers License #121731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1951

Lot Details

  • 7,000 Sq Ft Lot
  • Back and Front Yard Fenced
  • Oversized Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Territorial Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Rough in Bedroom

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage

Schools

  • Sheridan Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

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

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35244.0714

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,923

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1951
  • Lvt Date: 12/06/2018
  • Common Interest Community: No
  • Geo Address Line: 7123 E 10th Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 12/7/2018 2:08:35 AM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Jr High: Chase
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1605
  • Price Per Sq Ft: 68.63
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 885
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Basement: Full, Part Fin, RI Bdrm, Lndry
  • Estimated Basement Sq Ft: 720
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Special Features: Wood Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Features: Breakers
  • Kitchen Appliances: Refrig
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Shop Area, Oversized
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Spokane Dist 81
  • Elementary School: Sheridan
  • Middle School: Chase
  • High School: Ferris
  • School District: Spokane Dist 81
  • Elementary School: Sheridan

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 7000
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 71
  • Loc Numberblks N S: 10
  • Estimated Lot Dimension Depth: 140
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Level, Oversized
  • Lot View: Territorial
  • Parcel Number: 35244.0714
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 35244.0714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Mar 1, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Merkel Jonathan
Seller's Agent
John Stirling
Stirling Group
Buyer's Agent
Jeffrey Paulus
RE/MAX Citibrokers
List Price
$102,000
Sold Price
$110,151
Premium/Discount to List
$8,151
7.99%
Current Estimated Value
$338,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,278
Avg. Annual Appreciation
18.42%
Original Mortgage
$104,643
Outstanding Balance
$91,999
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$246,430

Purchase Details

Closed on
Apr 28, 2017
Sold by
Nations Lending Corporation
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 4, 2017
Sold by
Killom Johnny W and Killom Kathryn B
Bought by
Nations Lending Corporation

Purchase Details

Closed on
Jul 26, 2007
Sold by
Jarvis Julie A
Bought by
Killorn Johnny W and Killorn Kathryn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,458
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2003
Sold by
Arter Karl D and Arter Penny
Bought by
Jarvis Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,810
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 1999
Sold by
Hud
Bought by
Arter Karl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,855
Interest Rate
6.87%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Sep 16, 1998
Sold by
Nelson Christopher W and Nelson Vicki M
Bought by
Countrywide Home Loans
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
Merkel Jonathan -- First American Title Ins Co
Secretary Of Housing & Urban Development -- Service Link
Nations Lending Corporation $96,040 Spokane County Title Company
Killorn Johnny W $120,700 Stewart Title Of Spokane
Jarvis Julie A $77,500 Spokane County Title Co
Arter Karl D -- Transnation Title Ins Co
Hud -- First American Title Ins
Countrywide Home Loans $80,005 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Jonathan $104,643
Previous Owner Killorn Johnny W $119,458
Previous Owner Jarvis Julie A $76,810
Previous Owner Arter Karl D $47,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $110,151 +8.0% $69 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $102,000 0.0% $64 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $102,000 0.0% $64 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $102,000 -- $64 / 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 $2,923 $281,500 $90,000 $191,500
2024 $2,923 $270,500 $80,000 $190,500
2023 $2,864 $280,200 $70,000 $210,200
2022 $2,557 $273,600 $70,000 $203,600
2021 $2,193 $171,220 $27,720 $143,500
2020 $1,974 $148,000 $25,200 $122,800
2019 $1,675 $130,850 $22,750 $108,100
2018 $1,812 $121,300 $21,000 $100,300
2017 $1,687 $114,600 $21,000 $93,600
2016 $1,635 $108,400 $21,000 $87,400
2015 $1,571 $102,200 $17,500 $84,700
2014 -- $102,100 $17,500 $84,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201827831

Spokane Association of REALTORS®

APN: 35244.0714