NOT LISTED FOR SALE

Spokane, WA 99202

East Central Neighborhood

Estimated Value: $301,000 - $411,000

4 Beds
2 Baths
2,580 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $185,800 $72 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,039/month

2 Days on Market

Highlights

  • Craftsman Architecture
  • Corner Lot
  • Baseboard Heating
  • Sacajawea Middle School Rated A-
  • 3 Car Detached Garage
  • Utility Room

About This Home

As of June 2017

Price includes 1702 E. 1st Ave (kitty-corner). City of Spokane spending $millions to revitalize this area! Buy now! Two buildings: This big triplex + big duplex. Both need a little work (mostly cosmetic). Updated plumbing and elec. Separate EBB. Great cash-flow! This generates $1,735 + duplex $1,300 = $3,035 gross rent. Triplex could be converted to big duplex/huge single family. See income and expenses in docs.

Last Agent to Sell the Property

Bruce Bafus

Key Properties License #10686 Listed on: 03/27/2017

Key Properties

Last Buyer's Agent

James Allen

REAL Broker LLC License #106331

REAL Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1904

Lot Details

  • Property fronts a private road
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Free-Standing Range
  • Partially Finished Basement

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 35212.1208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,522

Year Built

Built in 1904

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1904
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Corner Lot
  • Road Frontage Type: City Street, Private Road
  • Reso Association Amenities: Cable TV, None
  • Co List Office Phone: 509-747-7777
  • MLS Status: Sold
  • Architectural Style: Craftsman
  • Reso Interior Features: Utility Room
  • Reso Structure Type: One and a Half Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1986

Interior Features

  • Basement: Partial, Finished
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood
  • Other Structures: See Remarks

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, See Remarks
  • Total Parking Spaces: 2

Utilities

  • Heating: Electric, Baseboard

Lot Info

  • Parcel Number: 35212.1208

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 14, 2017
Sold by
Jenson Becky
Bought by
Jenson Gary E
Seller's Agent
Bruce Bafus
Key Properties
Buyer's Agent
James Allen
REAL Broker LLC
List Price
$199,800
Sold Price
$185,800
Premium/Discount to List
-$14,000
-7.01%
Current Estimated Value
$343,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,816
Avg. Annual Appreciation
7.71%
Original Mortgage
$72,750
Outstanding Balance
$60,513
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$283,103

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 13, 2017
Sold by
Abraham David and Abraham Leticia
Bought by
Jenson Gary E
Seller's Agent
Bruce Bafus
Key Properties
Buyer's Agent
James Allen
REAL Broker LLC
List Price
$199,800
Sold Price
$185,800
Premium/Discount to List
-$14,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Outstanding Balance
$60,513
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$283,103

Purchase Details

Closed on
May 13, 2015
Sold by
Mountain Roy E
Bought by
Abraham David and Abraham Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Matson Andrew O and Matson Marilyn L
Bought by
Mountain Roy E and Mountain Kristine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jenson Gary E -- First American Title Ins Co
Jenson Gary E $97,000 First American Title Ins Co
Abraham David $189,000 None Available
Mountain Roy E $75,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenson Gary E $72,750
Previous Owner Abraham David $168,000
Previous Owner Mountain Roy E $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $185,800 -7.0% $72 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $199,800 -- $77 / 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 $2,522 $261,000 $65,000 $196,000
2024 $2,522 $253,700 $55,000 $198,700
2023 $2,181 $261,200 $55,000 $206,200
2022 $1,935 $222,500 $45,000 $177,500
2021 $1,778 $149,000 $27,500 $121,500
2020 $1,601 $129,200 $25,000 $104,200
2019 $1,147 $95,580 $16,880 $78,700
2018 $1,603 $115,000 $14,400 $100,600
2017 $1,484 $108,400 $14,400 $94,000
2016 $1,469 $105,000 $14,400 $90,600
2015 $1,468 $102,600 $12,000 $90,600
2014 -- $103,100 $16,000 $87,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bruce Bafus

    Key Properties

    (509) 217-8899

    1 in this area

    6 Total Sales

    Bruce Bafus
    Section Image
  • James Allen

    Buyer's Agent in 2017

    James Allen

    REAL Broker LLC

    (509) 389-5478

    2 in this area

    65 Total Sales

    James Allen
    Section Image
See All Agents

Source: Spokane Association of REALTORS®

MLS Number: 201713394

Spokane Association of REALTORS®

APN: 35212.1208

Washington Spokane County Spokane 99202

East Central

This home since 27 March 2017 and is currently estimated at $343,616, approximately $133 per square foot. This property was built in 1904. This home is a home located in Spokane County with nearby schools including Stevens Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes