NOT LISTED FOR SALE

807 S Sherman St Spokane, WA 99202

East Central Neighborhood

Estimated Value: $309,581 - $570,000

5 Beds
3 Baths
1,862 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $257,000 $138 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,280/month

5 Days on Market

Highlights

  • City View
  • Eat-In Kitchen
  • Dining Room
  • Sacajawea Middle School Rated A-
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of September 2022

Attention Investors, this 3-unit house is priced to sell quickly! Located close to the hospitals, downtown, and University District, this is the rental property you've been looking for! It's move-in-ready, so you could start renting it out right away, and there's room to grow equity with some paint and repairs. There are two units on the main floor and one upstairs, all with separate entrances.

Last Agent to Sell the Property

Jay Paulson

John L Scott, Inc. License #121338 Listed on: 08/24/2022

John L Scott, Inc.

Last Buyer's Agent

Chase Courtney

REAL Broker LLC License #21036768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,843

Year Built

  • Built in 1909

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • City Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Microwave

Parking

  • Alley Access
  • Off-Street Parking

Schools

  • Grant Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 35203.1202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,843

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1909
  • Style Of Construction: 2 Story
  • Lvt Date: 08/24/2022
  • Common Interest Community: No
  • Geo Address Line: 807 S Sherman St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/24/2022 7:48:37 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Allow Public Comments: Yes
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 1862
  • Price Per Sq Ft: 138.02
  • Number of Stories: 2
  • Basement: Crawl
  • Special Features: Vinyl Wn Fr
  • Dining Room: Informal, Kit Eat Sp
  • Family/Recreation Room: 1st Flr, 2nd Flr
  • Kitchen Appliances: Fr Stnd Rng, Refrig, Microwave

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg, Alley Access
  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec, Basebd, Wind A/C

Schools

  • School District: Spokane Dist 81
  • Elementary School: Grant
  • Middle School: Sacajawea
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Grant

Lot Info

  • Acres Mol: 0.1
  • Estimated Lot Sq Ft: 4356
  • Loc Dir E W: e
  • Loc Dir N S: s
  • Loc Numberblk E W: 5
  • Lot View: City
  • Parcel Number: 35203.1202
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 7
  • Multiple Parcels: No

Tax Info

  • Taxes: 1843

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 6, 2022
Sold by
Perkins Dwayne D
Bought by
Louie Andy
Seller's Agent
Jay Paulson
John L Scott, Inc.
Buyer's Agent
Chase Courtney
REAL Broker LLC
List Price
$299,900
Sold Price
$257,000
Premium/Discount to List
-$42,900
-14.3%
Views
2
Current Estimated Value
$391,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,895
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Feb 26, 2002
Sold by
Perkins Douglas F and Perkins Rosalie J
Bought by
Perkins Dwayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.8%

Purchase Details

Closed on
Feb 18, 1999
Sold by
Woodbury Richard W and Woodbury Alice A
Bought by
Perkins Douglas F and Perkins Rosalie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.78%
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
Louie Andy -- --
Perkins Dwayne D $83,000 Transnation Title Ins Co
Perkins Douglas F $76,274 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins Dwayne D $66,400
Previous Owner Perkins Douglas F $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $257,000 -14.3% $138 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $299,900 -- $161 / 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 $2,530 $290,200 $75,000 $215,200
2024 $2,530 $254,500 $33,600 $220,900
2023 $2,248 $252,260 $31,360 $220,900
2022 $1,843 $229,360 $25,760 $203,600
2021 $1,661 $139,150 $19,850 $119,300
2020 $1,604 $129,410 $18,910 $110,500
2019 $1,276 $106,400 $17,200 $89,200
2018 $1,377 $98,740 $14,340 $84,400
2017 $1,235 $90,140 $13,440 $76,700
2016 $1,422 $101,600 $28,000 $73,600
2015 $1,411 $98,600 $25,000 $73,600
2014 -- $98,600 $25,000 $73,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Paulson

    Seller's Agent in 2022

    Jay Paulson

    John L Scott, Inc.

    (509) 951-6654

    1 in this area

    38 Total Sales

    Jay Paulson
    Section Image
  • Chase Courtney

    Buyer's Agent in 2022

    Chase Courtney

    REAL Broker LLC

    (509) 832-1008

    3 in this area

    35 Total Sales

    Chase Courtney
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202221665

Spokane Association of REALTORS®

APN: 35203.1202

Washington Spokane County Spokane 99202 East Central

807 S Sherman St, Spokane, WA

This home is located at 807 S Sherman St, Spokane, WA 99202 since 24 August 2022 and is currently estimated at $391,895, approximately $210 per square foot. This property was built in 1909. 807 S Sherman St is a home located in Spokane County with nearby schools including Grant Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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