NOT LISTED FOR SALE

Estimated Value: $300,587 - $366,000

5 Beds
2 Baths
1,973 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $210,400 $107 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,985/month

19 Days on Market

Highlights

  • Property is near public transit
  • Wood Frame Window
  • Forced Air Heating System
  • Traditional Architecture
  • Patio
  • Utility Room

About This Home

As of October 2020

INVESTOR'S DREAM! Incredible cash flow opportunity priced for quick sale! Currently leased to government funded agency w/1-Year remaining on lease and tenant interested in continuing to renew for long-term lease, utilities paid by tenants, guaranteed rental income always paid on time and tenant even makes occasional updates to property at their OWN EXPENSE! Owner has not raised rent since purchasing, but says tenant is happy to pay more than the current $1,500/mo upon upcoming lease renewal next year. Separately metered 3-Bdrm/1-Bth downstairs unit and 2-Bdrm/1-Bth upstairs unit (current tenant leases both units), newer siding, newer roof, newer carpet, BRAND NEW flooring (Paid for & installed by tenant) & newer paint. Centrally located, close to everything and on a bus route. Seller intends to purchase another property and wants this property sold ASAP. Hurry, this one won't last long! **PLEASE DO NOT DISTURB TENANTS OR VISIT PROPERTY WITHOUT MAKING PRIOR ARRANGEMENTS**

Last Agent to Sell the Property

Bo Apele

Professional Realty Services License #25099 Listed on: 07/26/2020

Professional Realty Services

Last Buyer's Agent

Bo Apele

Professional Realty Services License #25099 Listed on: 07/26/2020

Professional Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1894

Lot Details

  • 5,450 Sq Ft Lot
  • Cross Fenced
  • Level Lot
  • Open Lot

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,973 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Wood Frame Window
  • Utility Room
  • Free-Standing Range

Laundry

  • Dryer
  • Washer

Schools

  • Gary Middle School
  • Rogers High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Furnace
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35054.2721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,056

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Year Built: 1894
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Cross Fncd, Level, Open Lot, City Bus (w/in 6 blks), Fencing
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Deck, Patio, High Speed Internet, None
  • Co List Office Phone: 888-302-5550
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Utility Room, Windows Wood, Multi Pn Wn
  • Reso Structure Type: Duplex
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Refrigerator, Pantry, Washer, Dryer
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Schools

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

Lot Info

  • Parcel Number: 35054.2721
  • Lot Size Sq Ft: 5450

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2056
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Pang Kam
Bought by
Bridgeport 907 Llc
Current Estimated Value
$324,897

Purchase Details

Closed on
Aug 27, 2020
Sold by
Erickson Mela Beth
Bought by
Pang Kam

Purchase Details

Listed on
Oct 3, 2017
Closed on
Oct 2, 2017
Sold by
Citrin Thomas and Citrin Patricia
Bought by
Erickson Mela Beth
Seller's Agent
Karl Kennedy
Keller Williams Spokane - Main
Buyer's Agent
Mike Apele
Choice Realty
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Anderson Derek E
Bought by
Citrin Thomas and Citrin Patricia

Purchase Details

Closed on
Dec 15, 2014
Sold by
Rice Paula M and Anthony Karen M
Bought by
Anderson Derek E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2010
Sold by
Rouse Kenneth J and Rouse Sharon A
Bought by
Noonan Becky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 2010
Sold by
Estate Of Sam M Lee and Lee Colleen G
Bought by
Rouse Kenneth J and Rouse Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 9, 2010
Sold by
Webber Darla R and Harris Beverly J
Bought by
Rouse Kenneth J and Rouse Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 2010
Sold by
Andersen B Durrell
Bought by
Rouse Kenneth J and Rouse Sharon J
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
Bridgeport 907 Llc $313 None Listed On Document
Pang Kam -- First American Title
Erickson Mela Beth $145,000 First American Title Ins Co
Citrin Thomas $105,000 None Available
Anderson Derek E $30,000 Spokane County Title Company
Noonan Becky $69,000 Inland Professional Title
Rouse Kenneth J -- Inland Professional Title
Rouse Kenneth J -- Inland Professional Title
Rouse Kenneth J -- Inland Professional Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Derek E $35,000
Previous Owner Noonan Becky $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $210,400 -2.1% $107 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $214,900 +48.2% $109 / Sq Ft
10/03/2017 10/03/17 Sold $145,000 0.0% $73 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $145,000 -- $73 / 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 $3,144 $321,400 $70,000 $251,400
2024 $3,144 $316,600 $65,000 $251,600
2023 $2,657 $271,300 $60,000 $211,300
2022 $2,395 $271,300 $60,000 $211,300
2021 $2,079 $174,400 $25,000 $149,400
2020 $2,016 $162,900 $20,000 $142,900
2019 $1,708 $142,600 $20,000 $122,600
2018 $1,803 $129,400 $18,000 $111,400
2017 $1,589 $116,100 $18,000 $98,100
2016 $1,584 $113,200 $18,000 $95,200
2015 $1,566 $109,500 $18,000 $91,500
2014 -- $108,200 $18,000 $90,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202019417

Spokane Association of REALTORS®

APN: 35054.2721