NOT LISTED FOR SALE

Estimated Value: $533,000 - $615,000

6 Beds
4 Baths
2,720 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $395,000 $145 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,577/month

25 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of October 2019

Turn-Key 2006 built duplex in private Spokane Valley location! This Valley rancher is a solid 3 bed 2 bath with 2 car garage, long-term tenants and market value rents! ~7% CAP! Investors, don’t miss out! Call for showing, please allow up to 24-48 hrs to coordinate.

Last Agent to Sell the Property

Taelor Fayette

Professional Realty Services License #128603 Listed on: 08/09/2019

Professional Realty Services

Last Buyer's Agent

Blythe Thimsen

Windermere City Group License #129896

Windermere City Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Secluded Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Gas Fireplace
  • Vinyl Clad Windows
  • Utility Room
  • Wood Flooring

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • West Valley Middle School
  • West Valley High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35121.0219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,807

Year Built

Built in 2006

Lot Details

0

Parking

2

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: City Street, Paved Road
  • Reso Association Amenities: Cable TV, None
  • Co List Office Phone: 509-928-1991
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Gas
  • Reso Interior Features: Utility Room, Wood Floor, Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 35121.0219
  • Lot Size Sq Ft: 12623

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Mcphetridge James and Mcphetridge Rochelle
Bought by
Burkett Dixon and Burkett Jonica
Current Estimated Value
$569,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Outstanding Balance
$356,849
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$198,001

Purchase Details

Listed on
Aug 9, 2019
Closed on
Oct 10, 2019
Sold by
Utter Trevor and Utter Amber
Bought by
Mcphetridge James and Mcphetridge Rochelle
Seller's Agent
Taelor Fayette
Professional Realty Services
Buyer's Agent
Blythe Thimsen
Windermere City Group
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$296,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 12, 2018
Sold by
Jackson Donna Patrice and Genshorck Donna Patrice
Bought by
Utter Trevor and Utter Amber
Seller's Agent
Julie Kuhlmann
Coldwell Banker Tomlinson
Buyer's Agent
Chris Permann
Kelly Right Real Estate of Spokane
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.62%

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
Burkett Dixon $486,000 First American Title Ins Co
Mcphetridge James $395,000 First American Title Ins Co
Utter Trevor $300,000 Ticor Title Co
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 Burkett Dixon $388,800
Previous Owner Mcphetridge James $296,250
Previous Owner Genschorck Gerald W $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $395,000 -1.0% $145 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $399,000 +1.0% $147 / Sq Ft
08/16/2019 08/16/19 Off Market $395,000 -- --
08/16/2019 08/16/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $399,000 +33.0% $147 / Sq Ft
07/18/2018 07/18/18 Sold $300,000 -3.2% $110 / Sq Ft
07/10/2018 07/10/18 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 $6,807 $565,100 $90,000 $475,100
2024 $6,807 $569,400 $70,000 $499,400
2023 $5,917 $502,800 $70,000 $432,800
2022 $5,733 $498,000 $60,000 $438,000
2021 $5,735 $379,000 $40,000 $339,000
2020 $5,105 $293,800 $33,000 $260,800
2019 $3,972 $237,300 $37,500 $199,800
2018 $4,574 $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: 201921636

Spokane Association of REALTORS®

APN: 35121.0219