NOT LISTED FOR SALE

916 E 5th Ave Spokane, WA 99202

East Central Neighborhood

Estimated Value: $360,000 - $498,000

4 Beds
4 Baths
1,900 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $425,000 $224 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,518/month

5 Days on Market

Highlights

  • Great Room
  • 4 Car Attached Garage
  • Dining Room
  • Sacajawea Middle School Rated A-
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2023

Investment opportunity! This duplex is in a great location near the Perry District and bus route. Each side has an open concept living room, dining area, kitchen w/eating bar, 2 bedrooms, 1.75 bath, laundry, and enclosed sunroom. All appliances, including laundry set, belong to seller and remain with the property. In 2016, seller installed mini split heating/cooling units and there is also zonal heating in each room with forced air wall heaters. Each side has a 400 SF double car garage with automatic openers. Both sides are leased - one through 8/31/23 and the other until 9/30/23.

Last Agent to Sell the Property

Peggy McCartney

John L Scott, Inc. License #77015 Listed on: 04/03/2023

John L Scott, Inc.

Last Buyer's Agent

Brian Zapotocky

Windermere Manito, LLC License #128519

Windermere Manito, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 2007

Lot Details

  • 6,000 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35201.5404

Community Details

Overview

  • 2 Units
  • Perry District Subdivision

Building Details

  • Insurance Expense $860
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,680

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenant's personal belongings
  • Year Built: 2007
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 04/03/2023
  • Common Interest Community: No
  • Geo Match Code: 3
  • Geo Quality: 0.9
  • Geo Update Timestamp: 4/4/2023 2:42:40 AM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Year Renovated: 2016
  • Jr High: Sacajawea
  • Allow Public Comments: Yes
  • Subdivision/Development: Perry District
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1900
  • Price Per Sq Ft: 223.68
  • Number of Stories: 1
  • Special Features: Mn Flr Util, Cath Cling, Vinyl Wn Fr, Multi Pn Wn
  • Dining Room: Informal
  • Family/Recreation Room: Great room, 1st Flr
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Washer, Dryer
  • Primary Bedroom: 3/4 Bath, 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Fiber Cement
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Off St Prkg
  • Garage Size: 4+
  • Number Garages: 2
  • Number Parking Spaces: 4

Utilities

  • Heating/Cooling: Elec, Forced Air, Wall A/C
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Cable TV, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Grant

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6000
  • Estimated Lot Dimension Depth: 120
  • Estimated Lot Dimension Front: 50
  • Lot Information: Fncd Bk Yd
  • Parcel Number: 35201.5404
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 3680

Multi Family

  • Number Air Cond: 2
  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 5, 2023
Sold by
Phillip And Barbara Rodriguez Revocable
Bought by
Ivanov Pavel
Seller's Agent
Peggy McCartney
John L Scott, Inc.
Buyer's Agent
Brian Zapotocky
Windermere Manito, LLC
List Price
$425,000
Sold Price
$425,000
Views
34
Current Estimated Value
$420,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,520
Avg. Annual Appreciation
-0.41%
Original Mortgage
$361,250
Outstanding Balance
$351,590
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$68,890

Purchase Details

Closed on
Jan 16, 2023
Sold by
Rodriguez Barbara
Bought by
Phillip And Barbara Rodriguez Revocable Famil

Purchase Details

Closed on
Dec 27, 2017
Sold by
Johnston Donald R
Bought by
Rodriguez Phillip E and Rodriguez Barbara J

Purchase Details

Listed on
Nov 2, 2012
Closed on
Dec 14, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Johnston Donald R
Seller's Agent
Benji Estrellado
Cheney Realty, Inc.
Buyer's Agent
John Byers
Coldwell Banker Tomlinson
List Price
$134,900
Sold Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$132,456
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2012
Closed on
Oct 22, 2012
Sold by
Overholser Kristine S and Overholser Victor A
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Benji Estrellado
Cheney Realty, Inc.
Buyer's Agent
John Byers
Coldwell Banker Tomlinson
List Price
$134,900
Sold Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,456
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2007
Sold by
Mission 9407 Llc
Bought by
Overholser Jason W and Overholser Victor A

Purchase Details

Closed on
Nov 28, 2006
Sold by
C 1031 Properties Inc
Bought by
Mission 9407 Llc

Purchase Details

Closed on
Jun 14, 2006
Sold by
Jordan Walter E
Bought by
C 1031 Properties Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ivanov Pavel -- Wfg National Title
Phillip And Barbara Rodriguez Revocable Famil -- --
Rodriguez Phillip E $238,496 First American Title Ins Co
Johnston Donald R -- Spokane County Title Co
Federal Home Loan Mortgage Corporation $136,182 First American Title Ins Co
Overholser Jason W -- None Available
Mission 9407 Llc -- First American Title Ins
C 1031 Properties Inc $15,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivanov Pavel $361,250
Previous Owner Johnston Donald R $132,456
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2023 06/08/23 Sold $425,000 0.0% $224 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $425,000 +215.0% $224 / Sq Ft
12/21/2012 12/21/12 Sold $134,900 0.0% $71 / Sq Ft View Prior Sale
11/14/2012 11/14/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $134,900 -- $71 / 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 $3,824 $391,900 $75,000 $316,900
2024 $3,824 $385,300 $65,000 $320,300
2023 $3,680 $385,300 $65,000 $320,300
2022 $2,674 $376,160 $43,560 $332,600
2021 $2,372 $199,080 $28,280 $170,800
2020 $2,428 $196,350 $26,950 $169,400
2019 $2,034 $170,010 $20,010 $150,000
2018 $2,364 $169,810 $20,010 $149,800
2017 $2,183 $159,700 $15,000 $144,700
2016 $2,029 $145,200 $15,000 $130,200
2015 $2,074 $145,200 $15,000 $130,200
2014 -- $145,200 $15,000 $130,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Peggy McCartney

    John L Scott, Inc.

    Section Image
  • Brian Zapotocky

    Buyer's Agent in 2023

    Brian Zapotocky

    Windermere Manito, LLC

    (509) 280-1161

    5 in this area

    182 Total Sales

    Brian Zapotocky
    Section Image
  • Benji Estrellado

    Seller's Agent in 2012

    Benji Estrellado

    Cheney Realty, Inc.

    (509) 990-9221

    1 in this area

    95 Total Sales

    Benji Estrellado
    Section Image

  • B

    Seller Co-Listing Agent in 2012

    Brad Foien

    Cheney Realty, Inc.

    (509) 599-1917

    46 Total Sales

    Brad Foien
    Section Image

  • J

    Buyer's Agent in 2012

    John Byers

    Coldwell Banker Tomlinson

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202313274

Spokane Association of REALTORS®

APN: 35201.5404

Washington Spokane County Spokane 99202 East Central

916 E 5th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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