NOT LISTED FOR SALE

Estimated Value: $433,000 - $562,000

6 Beds
2 Baths
2,720 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $296,500 $109 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,412/month

77 Days on Market

Highlights

  • Secluded Lot
  • Fenced Yard
  • Patio
  • Cathedral Ceiling
  • 4 Car Attached Garage
  • Programmable Thermostat

About This Home

As of August 2018

Turn-key investment opportunity with tenants in place. Built 2006 w/ 3bd/2ba, laundry room, 2-car garage with opener and fenced backyard on each side. Appliances include microwave, electric stove, d/w & refrigerator. Rents at $1025 (month-to-month) & $1000 (month-to-month) with room to increase. 7330-7332 also for sale. Ask about bonus pricing for both!

Last Agent to Sell the Property

Julie Kuhlmann

Coldwell Banker Tomlinson License #75230 Listed on: 04/26/2018

Coldwell Banker Tomlinson

Last Buyer's Agent

Julie Kuhlmann

Coldwell Banker Tomlinson License #75230 Listed on: 04/26/2018

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Secluded Lot
  • Level Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Vinyl Clad Windows
  • Utility Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Patio

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Programmable Thermostat
  • Gas Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35121.0218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,645

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Year Built: 2006
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Level, Secluded
  • Lot Size Acres: 0.29
  • Road Frontage Type: Private Road, Gravel
  • Reso Association Amenities: Cable TV, Patio, Gas, High Speed Internet, None
  • Co List Office Phone: 509-921-7400
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Gas
  • Reso Interior Features: Utility Room, Cathedral Ceiling(s), Windows Vinyl, Multi Pn Wn
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Pantry
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: See Remarks, Fiber Cement

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 1053

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air, Prog. Therm.

Schools

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

Lot Info

  • Parcel Number: 35121.0218
  • Lot Size Sq Ft: 12623

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4645
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 12, 2018
Sold by
Jackson Donna Patrice and Genshorck Donna Patrice
Bought by
Perez Oliva Luis R and Barajas Maria
Seller's Agent
Julie Kuhlmann
Coldwell Banker Tomlinson
Buyer's Agent
Julie Kuhlmann
Coldwell Banker Tomlinson
List Price
$310,000
Sold Price
$296,500
Premium/Discount to List
-$13,500
-4.35%
Current Estimated Value
$520,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,608
Avg. Annual Appreciation
8.52%
Original Mortgage
$222,375
Outstanding Balance
$193,924
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$331,211

Purchase Details

Closed on
Nov 7, 2005
Sold by
Mimnaugh Shawn T and Mimnaugh Nancy J
Bought by
Genschorck Gerald W and Genschorck Donna Patrice

Purchase Details

Closed on
Oct 4, 2004
Sold by
Genshorck Gerald W
Bought by
Genshorck Donna Patrice

Purchase Details

Closed on
May 28, 2004
Sold by
Mimnaugh Shawn T and Mimnaugh Nancy J
Bought by
Genschorck Gerald W and Genschorck Donna Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Perez Oliva Luis R $296,500 Ticor Title
Genschorck Gerald W $9,900 None Available
Genshorck Donna Patrice -- First American Title Ins
Genschorck Gerald W $60,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Oliva Luis R $222,375
Previous Owner Genschorck Donna Patrice $238,000
Previous Owner Genschorck Donna Patrice $241,400
Previous Owner Genschorck Gerald W $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $296,500 -4.4% $109 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $310,000 -- $114 / 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 $6,485 $535,400 $90,000 $445,400
2024 $6,485 $537,700 $70,000 $467,700
2023 $5,738 $475,400 $70,000 $405,400
2022 $5,275 $481,000 $60,000 $421,000
2021 $5,280 $343,000 $40,000 $303,000
2020 $5,105 $293,800 $33,000 $260,800
2019 $3,972 $237,300 $37,500 $199,800
2018 $4,645 $234,300 $37,500 $196,800
2017 $4,157 $214,700 $30,000 $184,700
2016 $3,902 $194,000 $19,500 $174,500
2015 $3,868 $187,500 $19,500 $168,000
2014 -- $200,100 $17,000 $183,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201815791

Spokane Association of REALTORS®

APN: 35121.0218