NOT LISTED FOR SALE

8817 E Mansfield Ave Spokane Valley, WA 99212

Estimated Value: $352,000 - $390,000

4 Beds
2 Baths
1,976 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 27, 2015

Last sale price $162,000 $82 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,293/month

69 Days on Market

Highlights

  • City View
  • Fenced Yard
  • Patio
  • Corner Lot
  • Attached Garage
  • Halls are 32 inches wide or more

About This Home

As of October 2015

Great income property, this Rancher style Duplex has been well maintained and in an excellent location close to freeway. One side has been continuously rented and the other side was for family member who never moved in and is ready to rent.

Last Agent to Sell the Property

Fred Ahrens

Keller Williams Spokane - Main License #108064 Listed on: 07/10/2015

Last Buyer's Agent

Fred Ahrens

Keller Williams Spokane - Main License #108064 Listed on: 07/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1976

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Open Lot
  • Partial Sprinkler System

Home Design

  • Brick Exterior Construction
  • Siding

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Gas Fireplace
  • City Views

Kitchen

  • Built-In Range
  • Kitchen Island

Parking

  • Attached Garage
  • 2 Carport Spaces

Accessible Home Design

  • Halls are 32 inches wide or more
  • Doors are 32 inches wide or more
  • Flash Smoke Alarm

Outdoor Features

  • Patio

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Cochrane's Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15074.2104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,790

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Year Built: 1976
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Partial, Level, Open Lot, Corner Lot
  • Lot Size Acres: 0.35
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: Cable TV, Patio, High Speed Internet, None
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Subdivision Name: Cochrane's Subdivision
  • Reso Accessibility Features: Door Width 32 Inches or More, Flash Smoke Detector, Hallways 32+
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry, Gas
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Appliances: Built-In Range/Oven, Refrigerator, Kit Island
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Carport

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric, Baseboard, Hot Water
  • NumberOfRanges: 2

Schools

  • Elementary School: Seth Woodard
  • High School: West Valley
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 15074.2104
  • Lot Size Sq Ft: 15040

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2016
Sold by
Pass Joseph B and Pass Sandra
Bought by
Pass Living Trust and Pass Sandra
Current Estimated Value
$371,338

Purchase Details

Listed on
Jul 10, 2015
Closed on
Oct 9, 2015
Sold by
Pass William Donald
Bought by
Pass Joseph B and Pass Sandra J
Seller's Agent
Fred Ahrens
Keller Williams Spokane - Main
Buyer's Agent
Fred Ahrens
Keller Williams Spokane - Main
List Price
$185,000
Sold Price
$162,000
Premium/Discount to List
-$23,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$113,400
Outstanding Balance
$89,161
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$282,177

Purchase Details

Listed on
Jul 10, 2015
Closed on
Oct 8, 2015
Sold by
Pass Joseph B and Pass Sandra J
Bought by
Pass Joseph B and Pass Sandra J
Seller's Agent
Fred Ahrens
Keller Williams Spokane - Main
Buyer's Agent
Fred Ahrens
Keller Williams Spokane - Main
List Price
$185,000
Sold Price
$162,000
Premium/Discount to List
-$23,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Outstanding Balance
$89,161
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$282,177
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
Pass Living Trust -- None Available
Pass Joseph B $60,666 First American Title Ins Co
Pass Joseph B -- First American Title Ins Co
Pass Joseph B $50,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pass Joseph B $113,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold $162,000 -12.4% $82 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $185,000 -- $94 / 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 $3,790 $368,000 $90,000 $278,000
2024 $3,790 $357,000 $80,000 $277,000
2023 $3,416 $338,800 $75,000 $263,800
2022 $3,038 $332,050 $68,250 $263,800
2021 $2,881 $221,300 $39,900 $181,400
2020 $2,840 $194,550 $36,750 $157,800
2019 $2,482 $187,900 $33,600 $154,300
2018 $2,814 $176,200 $33,600 $142,600
2017 $2,656 $167,800 $33,600 $134,200
2016 $2,454 $151,400 $33,600 $117,800
2015 $2,343 $141,100 $33,600 $107,500
2014 -- $143,400 $31,500 $111,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201524936

Spokane Association of REALTORS®

APN: 45074.2104