NOT LISTED FOR SALE

747 S King St Airway Heights, WA 99001

Estimated Value: $310,000 - $343,861

4 Beds
2 Baths
1,750 Sq Ft
$185/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $235,000 $134 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,005/month

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • 1-minute walk to Sunset Park

About This Home

As of February 2021

Charming duplex in a great area, just steps from the park and elementary school. One side filled and the other vacant and move in ready for either owner occupied or tenant. Vacant unit has been updated with refinished wood floors, new paint etc. Each unit has separate laundry and separate fenced backyard. Vinyl windows and exterior and new roof going on. Room for rent increase on occupied side once allowed. Great investment opportunity with a nice monthly cash flow!

Last Agent to Sell the Property

Kim Vinson

Extant Realty License #98641 Listed on: 01/27/2021

Last Buyer's Agent

Kim Vinson

Extant Realty License #98641 Listed on: 01/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,338

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Home Design

  • 1,750 Sq Ft Home
  • Duplex
  • Vinyl Siding

Kitchen

  • Free-Standing Range

Parking

  • 4 Parking Spaces
  • Off-Site Parking

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15234.2902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,338

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard
  • Lot Size Acres: 0.22
  • Road Frontage Type: Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-258-5000
  • MLS Status: Sold
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Roof: Composition Shingle, See Remarks
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 4

Utilities

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

Lot Info

  • Parcel Number: 15234.2902
  • Lot Size Sq Ft: 9583

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Feb 22, 2021
Sold by
Vinson Tyler
Bought by
Vanlith Mason Van
Seller's Agent
Kim Vinson
Extant Realty
Buyer's Agent
Kim Vinson
Extant Realty
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Current Estimated Value
$324,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,465
Avg. Annual Appreciation
7.23%
Original Mortgage
$223,250
Outstanding Balance
$199,500
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$124,965

Purchase Details

Closed on
Jan 17, 2020
Sold by
Vinson Sara
Bought by
Vinson Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2012
Sold by
Bell Kenneth W and Bell Teddie A
Bought by
Green Mountain Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 2004
Sold by
Fox James R and Fox Kathleen J
Bought by
Bell Kenneth W and Bell Teddie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Vanlith Mason Van $235,000 Vista Title & Escrow Llc
Vinson Tyler -- Vista Title & Escrow Llc
Vinson Tyler -- Vista Title & Escrow Llc
Green Mountain Properties Llc $105,280 First American Title Ins Co
Bell Kenneth W $98,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanlith Mason Van $223,250
Previous Owner Vinson Tyler $73,000
Previous Owner Green Mountain Properties Llc $75,000
Previous Owner Bell Kenneth W $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $235,000 -4.1% $134 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $245,000 -- $140 / 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 $3,338 $307,000 $70,000 $237,000
2024 $3,338 $312,300 $70,000 $242,300
2023 $2,487 $315,300 $76,500 $238,800
2022 $1,962 $315,300 $76,500 $238,800
2021 $796 $147,600 $33,000 $114,600
2020 $1,645 $145,300 $30,000 $115,300
2019 $1,484 $134,100 $30,000 $104,100
2018 $1,487 $114,550 $18,750 $95,800
2017 $1,358 $112,150 $18,750 $93,400
2016 $1,123 $101,050 $18,750 $82,300
2015 $1,117 $97,950 $18,750 $79,200
2014 -- $97,950 $18,750 $79,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202110871

Spokane Association of REALTORS®

APN: 15234.2902