NOT LISTED FOR SALE

Estimated Value: $357,000 - $417,077

6 Beds
4 Baths
2,040 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $329,000 $161 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,526/month

1 Day on Market

Highlights

  • Territorial View
  • Cathedral Ceiling
  • Landscaped with Trees
  • Ranch Style House
  • Corner Lot
  • Shed

About This Home

As of February 2021

Nicely updated Spokane Valley rental duplex with newer roof, vinyl windows and many interior updates. Each unit features 3-bedroom, 2-bathroom, living room, kitchen/family & laundry. The utilities are separately metered, and tenants pay for electric and garbage, landlord pays sewer and water. Conveniently located, 13 minutes from downtown on a corner oversized lot .45 (19,411 sq. ft.) Property produced $30,591 in rental income (2019) and has a strong rental history. Currently unit 2 is renting for $1240, and the owner just moved into unit 1 two months ago.

Last Agent to Sell the Property

Tim Tonani

John L Scott, Inc. Brokerage Phone: 509-370-9161 License #119124 Listed on: 01/20/2021

John L Scott, Inc.

Last Buyer's Agent

Steve Jones

Windermere Valley License #121627

Windermere Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1955

Lot Details

  • 0.45 Acre Lot
  • Dirt Road
  • Corner Lot
  • Hillside Location
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Hardboard

Interior Spaces

  • 2,040 Sq Ft Home
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 520 Parking Spaces
  • Off-Site Parking
  • Assigned Parking

Outdoor Features

  • Shed

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Community Storage Space
  • Water Sewer Expense $377

Listing and Financial Details

  • Assessor Parcel Number 45181.0707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,210

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Views, Treed, Hillside, Corner Lot
  • Lot Size Acres: 0.45
  • Road Frontage Type: Gravel, Dirt Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Cable TV, High Speed Internet, Storage
  • Attribution Contact: Main: 509-370-9161
  • Co List Office Phone: 509-455-8600
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Interior Features: Cathedral Ceiling(s), Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Slab/Strip, Off Site, Assigned
  • Total Parking Spaces: 520

Utilities

  • Heating: Ductless

Fee Information

  • Annual Water Sewer Expense: 377

Schools

  • Elementary School: Ness
  • High School: West Valley
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 45181.0707
  • Lot Size Sq Ft: 19411

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 3, 2021
Sold by
Abdo Abeer Mazen
Bought by
Mishin Slava
Seller's Agent
Tim Tonani
John L Scott, Inc.
Buyer's Agent
Steve Jones
Windermere Valley
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$396,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,769
Avg. Annual Appreciation
5.58%
Original Mortgage
$246,750
Outstanding Balance
$222,015
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$197,275

Purchase Details

Listed on
Apr 4, 2018
Closed on
May 16, 2018
Sold by
Rees Donna R and The Estate Of Ronald Dean Snow
Bought by
Abdo Abeer Mazen
Seller's Agent
Brad Boswell
RE/MAX of Spokane
Buyer's Agent
Tim Tonani
John L Scott, Inc.
List Price
$214,900
Sold Price
$199,900
Premium/Discount to List
-$15,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.78%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Snow Ronald Dean
Bought by
Rees Donna Kaye

Purchase Details

Listed on
Oct 2, 2012
Closed on
Nov 15, 2012
Sold by
Bank Of Fairfield
Bought by
Snow Ronald
Seller's Agent
Hal Greene
Windermere North
Buyer's Agent
Dan McLaughlin
Windermere Manito, LLC
List Price
$149,000
Sold Price
$137,500
Premium/Discount to List
-$11,500
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Nov 7, 2011
Sold by
Allen Leroy R
Bought by
Bank Of Fairfield

Purchase Details

Closed on
Jan 8, 2006
Sold by
Olson Robert O and Olson Opal
Bought by
Woodman Diane P and Allen Leroy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,587
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 1989
Sold by
Finrow Lalla R
Bought by
Olsen Robert O

Purchase Details

Closed on
Sep 30, 1968
Sold by
Finrow Robert V and Finrow Lalla R
Bought by
Olsen Robert O
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
Mishin Slava $329,000 First American Title Ins Co
Abdo Abeer Mazen -- First American Title
Rees Donna Kaye -- None Available
Snow Ronald $137,780 First American Title Ins Co
Bank Of Fairfield -- Inland Professional Title Ll
Woodman Diane P $95,000 Spokane County Title Co
Olsen Robert O -- Spokane County Title Co
Olsen Robert O -- Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishin Slava $85,700
Open Mishin Slava $246,750
Previous Owner Woodman Diane P $187,000
Previous Owner Woodman Diane P $147,587
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $329,000 0.0% $161 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $329,000 +64.6% $161 / Sq Ft
05/22/2018 05/22/18 Sold $199,900 -7.0% $103 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $214,900 +56.3% $111 / Sq Ft
11/20/2012 11/20/12 Sold $137,500 -7.7% $142 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $149,000 -- $154 / 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 $4,371 $379,400 $95,000 $284,400
2024 $4,371 $358,300 $75,000 $283,300
2023 $4,132 $347,400 $75,000 $272,400
2022 $3,759 $347,400 $75,000 $272,400
2021 $1,594 $215,700 $45,000 $170,700
2020 $3,210 $191,900 $45,000 $146,900
2019 $2,711 $176,800 $35,000 $141,800
2018 $2,477 $130,620 $31,920 $98,700
2017 $2,247 $117,020 $31,920 $85,100
2016 $2,202 $111,720 $31,920 $79,800
2015 $2,170 $107,220 $31,920 $75,300
2014 -- $108,630 $29,930 $78,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202110598

Spokane Association of REALTORS®

APN: 45181.0707