NOT LISTED FOR SALE

Estimated Value: $412,000 - $481,000

2 Beds
1 Bath
2,026 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $158,000 $78 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,738/month

123 Days on Market

Highlights

  • 0.89 Acre Lot
  • 2 Car Attached Garage
  • Dining Room
  • Territorial View
  • Cooling Available
  • Baseboard Heating

About This Home

As of February 2014

Nice spacious lot with almost an acre of level ground which is partially fenced. This home has 2 bedrooms, 1 bath, a full partially finished basement with a den or office, 2 car attached garage, and an the informal dining area off kitchen with sliders to the rear deck. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Jessica Side

Realty One Group Eclipse License #18326 Listed on: 10/28/2013

Realty One Group Eclipse

Last Buyer's Agent

Natalia Seefeldt

Regal Real Estate License #23773B

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1993

Lot Details

  • 0.89 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,026 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Territorial Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling Available
  • Baseboard Heating
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 24112.0313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,943

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: Duplex Up-Down
  • Year Built: 1993
  • Geo Address Line: 7208 S Mayflower St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/3/2014 7:30:13 PM
  • Geo Zoom Level: 15
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 2026
  • Price Per Sq Ft: 77.99
  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 1038
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Basement: Full, Part Fin
  • Estimated Basement Sq Ft: 988
  • Basement Percent: 95
  • Basement: Yes
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Blt in R/O, D/W
  • Primary Bedroom: 1st Flr

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: Inland
  • Water Company: Well

Schools

  • School District: Cheney
  • School District: Cheney

Lot Info

  • Acres Mol: 0.89
  • Estimated Lot Sq Ft: 38873
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 38
  • Loc Numberblks N S: 72
  • Estimated Lot Dimension Depth: 307
  • Estimated Lot Dimension Front: 129
  • Lot Information: Fenced
  • Lot View: Territorial
  • Parcel Number: 24112.0313
  • Site Improvements: Septic Sys, Well Installed

Tax Info

  • Tax Database Id: 1
  • Taxes: 1942.51
  • Assessor Parcel Number: 24112.0313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Feb 25, 2014
Sold by
Fannie Mae
Bought by
Minka Michael A and Minka Natalie
Seller's Agent
Jessica Side
Realty One Group Eclipse
Buyer's Agent
Natalia Seefeldt
Regal Real Estate
List Price
$168,000
Sold Price
$158,000
Premium/Discount to List
-$10,000
-5.95%
Current Estimated Value
$452,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,942
Avg. Annual Appreciation
9.58%
Original Mortgage
$126,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jan 30, 2014
Sold by
Law Charles P and Law Anita L
Bought by
Washington State Employees Credit Union
Seller's Agent
Jessica Side
Realty One Group Eclipse
Buyer's Agent
Natalia Seefeldt
Regal Real Estate
List Price
$168,000
Sold Price
$158,000
Premium/Discount to List
-$10,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jan 28, 2014
Sold by
Washington State Employees Credit Union
Bought by
Federal National Mortgage Association
Seller's Agent
Jessica Side
Realty One Group Eclipse
Buyer's Agent
Natalia Seefeldt
Regal Real Estate
List Price
$168,000
Sold Price
$158,000
Premium/Discount to List
-$10,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2013
Sold by
Law Charles P and Law Anita L
Bought by
Washington State Employees Credit Union
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
Minka Michael A -- Spokane County Title Co
Washington State Employees Credit Union $197,661 None Available
Federal National Mortgage Association -- None Available
Washington State Employees Credit Union $197,661 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minka Michael A $294,000
Closed Minka Michael A $46,000
Closed Minka Michael A $123,750
Closed Minka Michael A $126,400
Previous Owner Law Charles P $19,500
Previous Owner Law Charles P $168,500
Previous Owner Law Charles P $88,640
Previous Owner Law Charles P $47,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $158,000 -6.0% $78 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $168,000 -- $83 / 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 $3,285 $328,600 $90,000 $238,600
2024 $3,285 $333,200 $80,000 $253,200
2023 $2,610 $316,200 $63,000 $253,200
2022 $2,787 $309,200 $56,000 $253,200
2021 $2,691 $240,500 $44,000 $196,500
2020 $2,990 $256,200 $40,000 $216,200
2019 $2,610 $237,000 $40,000 $197,000
2018 $2,611 $201,200 $40,000 $161,200
2017 $2,244 $192,300 $40,000 $152,300
2016 $2,256 $185,900 $40,000 $145,900
2015 $2,155 $169,700 $40,000 $129,700
2014 -- $166,000 $40,000 $126,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201326140

Spokane Association of REALTORS®

APN: 24112.0313