NOT LISTED FOR SALE

Estimated Value: $455,829 - $739,000

4 Beds
4 Baths
1,920 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 24, 2013

Last sale price $298,500 $155 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,515/month

153 Days on Market

Highlights

  • Fenced Yard
  • Sacajawea Middle School Rated A-
  • Baseboard Heating

About This Home

As of January 2013

Two adjacent duplexes being sold together for a total of 4 units. Excellent location just one block from Super One and Rite Aid in the Manito Shopping Center. Well maintained, each unit is a 2br/1ba with dishwasher, wall a/c and a stacked w/d. Ample parking with carports for 8 cars and additional uncovered, offstreet parking. Small back yard, limited landscaping maintenance is needed. Pitched comps roofs and a brick exterior also reduce maintenance and expense going forward. Full unused daylight bsmt.

Last Agent to Sell the Property

Jay Overholser

SDS Realty, Inc. License #43093 Listed on: 08/24/2012

Last Buyer's Agent

Jay Overholser

SDS Realty, Inc. License #43093 Listed on: 08/24/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Fenced Yard
  • Sprinkler System
  • Hillside Location

Parking

  • 4 Car Garage
  • 8 Carport Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • 4 Units
  • Water Sewer Expense $3,720

Listing and Financial Details

  • Assessor Parcel Number 35321.0416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,981

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1973
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Hillside, Fencing
  • Lot Size Acres: 0.31
  • Road Frontage Type: City Street
  • Reso Association Amenities: None
  • Co List Office Phone: 509-624-1019
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Carport
  • Total Parking Spaces: 10

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 4

Fee Information

  • Annual Water Sewer Expense: 3720

Lot Info

  • Parcel Number: 35321.0416
  • Lot Size Sq Ft: 13600

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3981
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Dec 19, 2012
Sold by
Trageser Timothy D and Trageser Tracy M
Bought by
Stoltz Brent A and Stoltz Susannah L
Seller's Agent
Jay Overholser
SDS Realty, Inc.
Buyer's Agent
Jay Overholser
SDS Realty, Inc.
List Price
$329,000
Sold Price
$298,500
Premium/Discount to List
-$30,500
-9.27%
Current Estimated Value
$600,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,707
Avg. Annual Appreciation
5.55%
Original Mortgage
$105,000
Outstanding Balance
$72,748
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$527,459

Purchase Details

Closed on
Mar 27, 2008
Sold by
Douglas Donald J and Douglas Debra R
Bought by
Trageser Timothy D and Trageser Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Verdugo Ernest R and Verdugo Janice E
Bought by
Douglas Donald J and Douglas Debra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Kinyon Lois B
Bought by
Verdugo Ernest R and Verdugo Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.8%

Purchase Details

Closed on
Aug 2, 2001
Sold by
Kinyon Lois B
Bought by
Kinyon Lois B

Purchase Details

Closed on
Oct 2, 1998
Sold by
Rush Joseph M and Rush Carolyn J
Bought by
Kinyon Lois B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.88%
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
Stoltz Brent A $150,280 First American Title Ins Co
Trageser Timothy D $200,000 Pacific Nw Title
Douglas Donald J $133,500 First American Title Ins
Verdugo Ernest R $122,500 Pacific Nw Title
Kinyon Lois B -- --
Kinyon Lois B $117,500 Spokane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoltz Brent A $105,000
Previous Owner Trageser Timothy D $160,000
Previous Owner Douglas Donald J $97,500
Previous Owner Verdugo Ernest R $98,000
Previous Owner Kinyon Lois B $93,600
Closed Verdugo Ernest R $12,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2013 01/24/13 Sold $298,500 -9.3% $155 / Sq Ft
01/24/2013 01/24/13 Pending -- -- --
08/24/2012 08/24/12 For Sale $329,000 -- $171 / 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 $4,436 $496,700 $105,000 $391,700
2024 $4,436 $447,200 $90,000 $357,200
2023 $3,908 $415,400 $70,000 $345,400
2022 $3,610 $399,600 $66,000 $333,600
2021 $3,212 $270,000 $55,000 $215,000
2020 $3,090 $250,200 $55,000 $195,200
2019 $2,606 $217,900 $55,200 $162,700
2018 $2,807 $201,700 $46,000 $155,700
2017 $2,382 $174,300 $36,000 $138,300
2016 $2,464 $176,400 $36,000 $140,400
2015 $2,551 $178,700 $35,000 $143,700
2014 -- $160,200 $28,000 $132,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201221691

Spokane Association of REALTORS®

APN: 35321.0416