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$299,978

3 bd
2 ba
2,010 sqft
859 days
Single Family Residence|Built 1928
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

HUGE Opportunity for a Owner-Occupant to Significantly Offset Mortgage Payment or Great Rental Income Property w/ADU (remodeled in July 2021) ADU Leased @ $1,200/month since 2021. Freshly updated main home offers a fairly open floor plan in a convenient, central location that’s close to everything. Property has been a tremendous asset for the current owners, who purchased it as an investment and are only selling now to free up funds for another investment. This home also presents a great opportunity for owner-occupants to significantly reduce their mortgage payment via the studio (ADU) that reliably brings in $1,200/month. ADU tenant currently has no plans to vacate, but has offered $1,700/month to lease main home. Seller is keeping main home vacant for potential owner-occupant purchasers as well as investors. Sellers have never had an issue procuring tenants, and the main home was only recently vacated. Either way you slice it, this is a fantastic deal!

Sale Summary

Sold Price

$305,000

List Price

$299,978

Sale vs List

+2%

Close Date

Feb 13, 2024

Financing

VA

Buyer's Agent

Edward Springer

Property Details

Property Type

Single Family Residence

Year Built

1928

Subdivision

East-Liberty Park

County

Spokane

Lot Size

0.16 acres

Living Area

2,010 sqft

Price / Sqft

$149

Schools

Elementary: Spokane Dist 81, Middle: Chase, High: Ferris

Days to Sell

18 days

MLS #

SAR202411077

Parcel #

35211.0507

Annual Taxes

$2,407

Total Building Area

2,010 sqft

MLS Area

A340/027

MLS Class

Residential

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Jan 25, 2024

Went Pending

Feb 13, 2024

Status Changed

May 7, 2024

Last MLS Update

May 7, 2024

MLS Branch

449

School Information

Elementary

Spokane Dist 81

Middle School

Chase

High School

Ferris

Home Features & Details

Architectural Style

Ranch

Construction

Vinyl SidingCedar

Structure Type

One and a Half Story

Roof

Composition

Basement

PartialUnfinished

Flooring

Wood

Heating

ElectricDuctless

Utilities

Cable Available

Appliances

Free-Standing RangeGas RangeRefrigeratorMicrowave

Interior Features

High Speed InternetWindows VinylIn-Law Floorplan

Patio & Porch

Deck

Parking

None

Lot Features

Level

Listed By

Mike Apele

Professional Realty Services

Estimated Monthly Payment

$1,625/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1928
Square Footage2,010 sqft
Lot Size0.16 acres
Price / Sqft$149
StatusClosed

Location

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