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2831 West Francis Avenue

2831 West Francis Avenue, Spokane, WA 99205
Property in Balboa
Sold Mar 30, 2023
$215,000
$208,550 by Wheatland Bank
Mortgage Due Apr 01, 2053
Sold May 27, 2016
$109,900
$107,908 by Inland Northwest Bank
Mortgage Due Jun 01, 2046
2831 West Francis Avenue has been categorized by the local assessors in Spokane, WA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2831 West Francis Avenue has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 720 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,840 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 10,900 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2831 West Francis Avenue sold most recently in Mar 27, 2023 for a total of $215,000. If you work out the math, that's approximately a cost of $149.31 per sqft. Before that, the property was also sold for $109,900 in May 23, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,386 in taxes each year. 2831 West Francis Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $251,300. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $196,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,900
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 960
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTERN 3RD
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: WESTERN 3RD L17 B2

Ownership

  • Current Owner : CAVANESS THOMAS EDWARD
  • Previous Owner : MCMACKIN JOEL
  • Previous Owner 2: MCMACKIN JESSICA
  • Owner Before Previous Owner: SWENSON TARA JOANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Spokane Public Schools
  • Census Tract: 000700

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: 9H
  • Parcel: 26362.0217
  • Block: 2
  • Lot: 17
  • Meridian: SEC 36 TWN 26N RNG 42E
  • Municipality: SPOKANE
  • Latitude: 47.7152
  • Longitude: -117.453

    Address

  • Full Address: 2831 W Francis Ave
  • Address - House Number: 2831
  • Street Direction: W
  • Address - Street Name: Francis
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Spokane
  • Carrier Code: C039
  • 4-Digit Zip Code: 7134
  • Zip Code: 99205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,386
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 80
  • Final Value: 306,718
  • High Value: 355,583
  • Low Value: 257,853

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $218,550
  • First Open Lien Mortgage Lender: WHEATLAND BANK
  • First Open Lien Mortgage Recording Date: Mar 30, 2023
  • First Open Lien Mortgage Loan Amount: $208,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053
  • Second Open Lien Mortgage Recording Date: Mar 30, 2023
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $251,300
  • Market Land Value: $55,000
  • Market Improvement Value: $196,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,300
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $196,300

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Transaction ID: 11904301518
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7275779
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Contract Date: May 23, 2016
  • Previous Sale Amount: $109,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WHEATLAND BANK
  • First Mortgage Transaction Date: Mar 30, 2023
  • First Mortgage Loan Amount: $208,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053
  • Second Mortgage Loan Amount: $10,000

    Previous Mortgages

  • Previous Mortgage Lender: INLAND NORTHWEST BANK
  • Previous Mortgage Transaction Date: May 27, 2016
  • Previous Mortgage Loan Amount: $107,908
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Balboa



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Frequently Asked Questions

What neighborhood is 2831 West Francis Avenue located in?
The 2831 West Francis Avenue is a located in the neighborhood of Balboa in Balboa, Spokane.
What is the average sales price for listings in 2831 West Francis Avenue?
The average sales price for units in 2831 West Francis Avenue is $0 currently.

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