NOT LISTED FOR SALE

xxx Hwy 2 Hwy Spokane, WA 99224

Estimated Value: $142,000 - $434,000

-- Bed
-- Bath
-- Sq Ft
0.53 Acres

Last Sold July 29, 2022

Last sale price $90,000

Est. 219% increase in value since last sale

Current estimated payment $1,632/month

37 Days on Market

Highlights

  • Landscaped with Trees
  • Fenced
  • Open Lot

About This Home

As of July 2022

CASHFLOW! Rare income producing land with a multi-faced advertising sign owned by Lamar Companies along the south side of HWY 2 between Airway Heights/airport and Spokane. Rent is $6500 per year with a 10% increase every 5yrs for a total of 20yrs starting in 2016. Current yearly rent is $7150. Property taxes are $508.65 for 2022.

Last Agent to Sell the Property

Dan Hilton

Hilton Real Estate, Inc. License #110611 Listed on: 02/08/2022

Last Buyer's Agent

Dan Hilton

Hilton Real Estate, Inc. License #110611 Listed on: 02/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $508

Lot Details

  • 0.53 Acre Lot
  • Fenced
  • Open Lot
  • Landscaped with Trees

Listing and Financial Details

  • Assessor Parcel Number 25272.9141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$508

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Class: Rental Income
  • Year Built: 1111
  • Lvt Date: 02/08/2022
  • Common Interest Community: No
  • Geo Match Code: 3
  • Geo Matched Method: 2
  • Geo Quality: 1
  • Geo Update Timestamp: 2/8/2022 6:36:49 PM
  • Geo Zoom Level: 16
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Garage Size: 0

Schools

  • School District: Cheney
  • School District: Cheney

Lot Info

  • Acres Mol: 0.53
  • Estimated Lot Sq Ft: 23087
  • Lot Information: Treed, Open, Fenced
  • Parcel Number: 25272.9141

Tax Info

  • Taxes: $508.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Jul 6, 2022
Sold by
Land & Properties Inc
Bought by
Tlc Properties Llc
Seller's Agent
Dan Hilton
Hilton Real Estate, Inc.
Buyer's Agent
Dan Hilton
Hilton Real Estate, Inc.
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Current Estimated Value
$287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,500
Avg. Annual Appreciation
16.27%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Tlc Properties Llc -- First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $90,000 -18.2% --
03/17/2022 03/17/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $110,000 -- --
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 $696 $69,260 $69,260 --
2024 $696 $69,260 $69,260 --
2023 $418 $69,260 $69,260 $0
2022 $509 $46,170 $46,170 $0
2021 $545 $46,170 $46,170 $0
2020 $213 $16,550 $16,550 $0
2019 $200 $16,550 $16,550 $0
2018 $229 $16,550 $16,550 $0
2017 $211 $16,550 $16,550 $0
2016 $219 $16,550 $16,550 $0
2015 $330 $24,160 $24,160 $0
2014 -- $24,160 $24,160 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dan Hilton

    Hilton Real Estate, Inc.

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202211108

Spokane Association of REALTORS®

APN: 25272.9141

Washington Spokane County Spokane 99224

xxx Hwy 2 Hwy, Spokane, WA

This home is located at xxx Hwy 2 Hwy, Spokane, WA 99224 since 08 February 2022 and is currently estimated at $288,000. xxx Hwy 2 Hwy is a home located in Spokane County with nearby schools including Phil Snowdon Elementary School, Westwood Middle School, and Cheney 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.

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