$300,000
SOLD NOV 12, 2024

924 E Montgomery Ave Spokane, WA 99207

Logan Neighborhood
-- Bed
-- Bath
2,598 Sq Ft
5,576 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

12% Below List Price

20 Days on Market

Highlights

  • Park or Greenbelt View
  • Level Lot
  • Heating Available
  • Lewis & Clark High School Rated A
  • Wood Burning Fireplace

About This Home

As of November 2024

MOTIVATED SELLER!! Discover the charm and investment potential of this duplex, which is perfectly situated in close proximity to the vibrant Gonzaga/U District. Each studio-style unit features a spacious one-bedroom, one-bathroom layout with large living rooms complemented by cozy fireplaces that add warmth and character. The bonus space in the basement offers endless possibilities, whether you're looking for extra storage or a creative workspace. Enjoy the privacy of large fenced backyards. Beyond its charm, this property presents an excellent rental income opportunity.

Last Agent to Sell the Property

Lorrie Burnworth

eXp Realty, LLC License #97003 Listed on: 09/27/2024

eXp Realty, LLC

Last Buyer's Agent

Shannon Beckner

Coldwell Banker Tomlinson License #21020976

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1926

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Gas Fireplace
  • Park or Greenbelt Views
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Laundry

  • Dryer
  • Washer

Additional Features

  • Level Lot
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,490

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Road Frontage Type: Paved Road
  • View Type:Pond View: Park/Greenbelt
  • Reso Association Amenities: None
  • Co List Office Phone: (888) 317-5197
  • MLS Status: Sold
  • Reso Fireplace Features: Gas, Woodburning Fireplce
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Electric

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 8, 2024
Sold by
Oellrich Rhett and Oellrich Alexis
Bought by
Carroll Clayton A
Seller's Agent
Lorrie Burnworth
eXp Realty, LLC
Buyer's Agent
Shannon Beckner
Coldwell Banker Tomlinson
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%
Views
43
Current Estimated Value
$301,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,909
Avg. Annual Appreciation
0.26%
Original Mortgage
$285,000
Outstanding Balance
$282,725
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$17,899

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 5, 2020
Sold by
Peplinski Ryan P and Peplinski Tami A
Bought by
Oellrich Rhett and Oellrich Alexis
Seller's Agent
Steve Jones
Windermere Valley
Buyer's Agent
Steve Jones
Windermere Valley
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%

Purchase Details

Closed on
Feb 18, 1999
Sold by
Robinson Robert A and Robinson Cyndra L
Bought by
Peplinski Ryan P and Peplinski Tami A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Ticor Title
Warranty Deed $300,000 Ticor Title
Warranty Deed $180,000 First American Title
Warranty Deed $60,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Closed $285,000 New Conventional
Previous Owner $48,000 Purchase Money Mortgage
Closed $12,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $300,000 -7.7% $115 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $325,000 -1.5% $125 / Sq Ft
09/29/2024 09/29/24 Price Changed $330,000 -2.9% $127 / Sq Ft
09/27/2024 09/27/24 For Sale $340,000 +88.9% $131 / Sq Ft
08/11/2020 08/11/20 Sold $180,000 -5.2% $69 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $189,900 -2.6% $73 / Sq Ft
06/01/2020 06/01/20 For Sale $195,000 -- $75 / 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 $3,490 $343,300 $75,000 $268,300
2024 $3,490 $351,600 $70,000 $281,600
2023 $3,152 $330,000 $65,000 $265,000
2022 $2,479 $322,100 $65,000 $257,100
2021 $2,156 $180,900 $25,000 $155,900
2020 $2,054 $166,000 $25,000 $141,000
2019 $1,659 $138,500 $23,000 $115,500
2018 $1,607 $115,300 $20,000 $95,300
2017 $1,460 $106,600 $20,000 $86,600
2016 $1,350 $96,400 $20,000 $76,400
2015 $1,512 $105,700 $20,000 $85,700
2014 -- $105,700 $20,000 $85,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202423601

Spokane Association of REALTORS®

APN: 35084.0906