NOT LISTED FOR SALE

818 E Princeton Ave Spokane, WA 99207

Nevada Lidgerwood Neighborhood

Estimated Value: $388,934 - $468,000

5 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold November 21, 2017

Last sale price $140,000

Est. 195% increase in value since last sale

Current estimated payment $2,499/month

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property

About This Home

As of November 2017

Fantastic income opportunity! Both units are occupied with tenants. Each unit has a full basement, a carport, lots of square footage! Very low maintenance and low taxes.

Last Agent to Sell the Property

Brandon Marchand

Keller Williams Spokane - Main License #23628 Listed on: 10/09/2017

Keller Williams Spokane - Main

Last Buyer's Agent

Todd Grubb

Keller Williams Spokane - Main License #101798

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Schools

  • Garry Middle School
  • Rogers High School

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35051.1125

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick Partial, Siding

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Schools

  • Elementary School: Longfellow
  • High School: Rogers
  • Middle Or Junior School: Garry

Lot Info

  • Parcel Number: 35051.1125
  • Lot Size Sq Ft: 5663

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Aa Larch Investments Llc
Bought by
Pigeon Thomas L and Korthauer Michelle L
Current Estimated Value
$413,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Outstanding Balance
$364,480
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$75,004

Purchase Details

Closed on
Feb 6, 2018
Sold by
Alto Letizia
Bought by
Aa Larch Investments Llc

Purchase Details

Closed on
Jan 31, 2018
Sold by
Alto Letizia
Bought by
Aa Larch Investment Llc

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 16, 2017
Sold by
Asakura Kenji
Bought by
Alto Letizia
Seller's Agent
Brandon Marchand
Keller Williams Spokane - Main
Buyer's Agent
Todd Grubb
Keller Williams Spokane - Main
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%
Original Mortgage
$105,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1998
Sold by
Pentaquest Llc
Bought by
Kostecka Patrick and Kostecka Alisa

Purchase Details

Closed on
Apr 25, 1990
Sold by
Ellis Donald Gerald and Ellis Shirley J
Bought by
Kostecka Patrick D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pigeon Thomas L $410,000 Ticor Title Company
Aa Larch Investments Llc -- Spokane County Title
Aa Larch Investment Llc -- None Available
Alto Letizia -- Inland Professional Title
Alto Letizia $140,000 Inland Professional Title
Kostecka Patrick -- Spokane County Title Co
Kostecka Patrick D $46,329 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pigeon Thomas L $402,573
Previous Owner Alto Letizia $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $140,000 0.0% --
10/09/2017 10/09/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $140,000 -- --
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 $4,292 $441,400 $75,000 $366,400
2024 $4,292 $432,600 $70,000 $362,600
2023 $4,181 $414,200 $65,000 $349,200
2022 $4,004 $427,600 $65,000 $362,600
2021 $3,199 $268,900 $35,000 $233,900
2020 $2,559 $207,000 $35,000 $172,000
2019 $1,958 $163,600 $23,500 $140,100
2018 $1,874 $134,500 $20,000 $114,500
2017 $1,659 $121,200 $20,000 $101,200
2016 $1,588 $113,500 $20,000 $93,500
2015 $1,674 $117,100 $20,000 $97,100
2014 -- $115,700 $20,000 $95,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Marchand

    Seller's Agent in 2017

    Brandon Marchand

    Keller Williams Spokane - Main

    (509) 991-6146

    36 in this area

    458 Total Sales

    Brandon Marchand
    Section Image
  • Todd Grubb

    Buyer's Agent in 2017

    Todd Grubb

    Keller Williams Spokane - Main

    (509) 999-1796

    11 in this area

    122 Total Sales

    Todd Grubb
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201725818

Spokane Association of REALTORS®

APN: 35051.1125

Washington Spokane County Spokane 99207 Nevada Lidgerwood

818 E Princeton Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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