NOT LISTED FOR SALE

9721 E Maringo Dr Spokane, WA 99206

Estimated Value: $434,262 - $507,000

4 Beds
3 Baths
1,797 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $440,000 $245 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,845/month

2 Days on Market

Highlights

  • Waterfront
  • No HOA
  • 1-Story Property
  • Territorial View
  • Open Space
  • Landscaped

About This Home

As of March 2022

Investor Alert! Spokane Valley duplex in a great location near Argonne and located on the North side of the Spokane River, on a
secondary lot just outside of Millwood. Both units have had recent updates. Side by side rancher units with 2 beds/1 bath each with
an open concept floorplan. Each unit has an attached 1 car garage. Washer/Dryer hookups. Large backyard. Please do not
disturb tenants. Unit #9721 is available for showings. Unit #9723 will be available for showings upon offer acceptance. Great
investment opportunity!

Last Agent to Sell the Property

Scott Kramer

Coldwell Banker Schneidmiller Realty License #SP49699 Listed on: 01/21/2022

Coldwell Banker Schneidmiller Realty

Co-Listed By

Dani Kramer

Coldwell Banker Schneidmiller Realty License #SP34643

Last Buyer's Agent

Non-MLS Broker

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1955

Lot Details

  • 0.36 Acre Lot
  • Waterfront
  • Open Space
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,797 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Additional Features

  • Rain Gutters
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 45053.0724

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,699

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • Co List Office Mls Id: CBS
  • Co List Office Phone: 800-829-2555
  • Subdivision Name: N/A
  • Directions: I-90 to Argonne, N on Argonne, E on E Maringo Drive, Property is on the North side of street
  • Architectural Style: Sgl Level
  • Year Built: 1955
  • General Property Description:Lot Acres2: 0.36
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: RES
  • Legal and Taxes:Tax Year2: 2021
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: Unknown
  • View:Territorial: Yes
  • Road Paved: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Sgl Level
  • General Property Description:New Construction: No
  • Fuel:Electric: Yes
  • Foundation:Concrete: Yes
  • Exterior:Vinyl: Yes
  • Water:Community System2: Yes
  • Roof:Rolled Rubber: Yes
  • General Property Description:Total SqFt2: 1797.0
  • Special Features: None

Interior Features

  • Has Basement: None-Crawl Space
  • Basement YN: No
  • Interior Amenities: Main Floor Utilities
  • Living Area: 1797.0
  • ResoLivingAreaSource: Assessor
  • Basement:None Crawl Space: Yes
  • Interior Features:Main Floor Utilities2: Yes

Exterior Features

  • Lot Features: Level, Open Lot
  • View: Territorial
  • Waterfront Features: Lot Type 2
  • Waterfront: Yes
  • Construction Type: Vinyl, Frame
  • Exterior Features: Fencing - Partial, Landscaping, Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Lot Features:Open: Yes
  • Exterior Features:Landscaping: Yes
  • Exterior Features:Rain Gutters: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Fencing - Partial: Yes

Garage/Parking

  • General Property Description:Garage Type2: Att Ga
  • General Property Description:Garage Stall2: 1 Car

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Community System
  • Heating:Baseboard: Yes
  • Utilities Paid By Garbage: Tenant

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Size Sq Ft: 15681.6
  • Parcel #: 45053.0724
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3699.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 14, 2022
Sold by
Joe Norrell Anthony and Clare Jessica
Bought by
Mclalwain Dustin
Seller's Agent
Scott Kramer
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Non-MLS Broker
Non-MLS Office
List Price
$399,000
Sold Price
$440,000
Premium/Discount to List
$41,000
10.28%
Current Estimated Value
$459,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,316
Avg. Annual Appreciation
1.11%
Original Mortgage
$330,000
Outstanding Balance
$306,430
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$152,886

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 10, 2022
Sold by
Laurin Mclalwain
Bought by
Mclalwain Dustin
Seller's Agent
Scott Kramer
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Non-MLS Broker
Non-MLS Office
List Price
$399,000
Sold Price
$440,000
Premium/Discount to List
$41,000
10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$306,430
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$152,886

Purchase Details

Listed on
Sep 26, 2018
Closed on
Oct 25, 2018
Sold by
Atwood Lorette
Bought by
Norrell Anthony and Boltjes Jessica Claire
Seller's Agent
Mike Van Dinter
Inland Northwest Investments,
Buyer's Agent
Dani Kramer
Coldwell Banker Schneidmiller Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%
Original Mortgage
$168,750
Interest Rate
4.6%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Mclalwain Dustin -- New Title Company Name
Mclalwain Dustin -- New Title Company Name
Norrell Anthony $225,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclalwain Dustin $330,000
Previous Owner Norrell Anthony $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $440,000 +10.3% $245 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $399,000 +77.3% $222 / Sq Ft
10/31/2018 10/31/18 Sold $225,000 0.0% $125 / Sq Ft View Prior Sale
09/30/2018 09/30/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $225,000 -- $125 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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 $5,464 $404,200 $110,000 $294,200
2024 $5,464 $377,900 $75,000 $302,900
2023 $4,884 $419,300 $75,000 $344,300
2022 $3,985 $333,800 $70,000 $263,800
2021 $3,699 $210,300 $46,000 $164,300
2020 $3,754 $188,700 $42,000 $146,700
2019 $2,949 $152,700 $40,500 $112,200
2018 $3,285 $147,300 $40,500 $106,800
2017 $3,135 $139,100 $40,500 $98,600
2016 $3,180 $139,800 $40,500 $99,300
2015 $3,043 $132,100 $43,000 $89,100
2014 -- $132,100 $43,000 $89,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Kramer

    Seller's Agent in 2022

    Scott Kramer

    Coldwell Banker Schneidmiller Realty

    (509) 979-4644

    61 Total Sales

    Scott Kramer
    Section Image
  • Dani Kramer

    Seller Co-Listing Agent in 2022

    Dani Kramer

    Coldwell Banker Schneidmiller Realty

    (509) 994-3675

    35 Total Sales

    Dani Kramer
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Broker

    Non-MLS Office

  • M

    Seller's Agent in 2018

    Mike Van Dinter

    Inland Northwest Investments,

    Section Image
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Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 22-393

Coeur d

APN: 45053.0724

Washington Spokane County Spokane 99206

9721 E Maringo Dr, Spokane, WA

Not Listed for Sale

MultiFamily

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