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512 South Hemlock Street

512 South Hemlock Street, Spokane, WA 99201
Property in Spokane
Sold Feb 26, 2020
$220,000
$198,000 by Spokane Teachers Cu
Mortgage Due Mar 01, 2050
Sold Apr 20, 2015
$135,000
$115,000 by Inland Northwest Bank
Mortgage Due May 01, 2045
512 South Hemlock Street 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 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 6 rooms. 2 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, 512 South Hemlock Street has 1,616 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 816 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 area measurement of the land has been determined as 4,312 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 342 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. 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, 512 South Hemlock Street sold most recently in Feb 21, 2020 for a total of $220,000. If you work out the math, that's approximately a cost of $134.80 per sqft. Before that, the property was also sold for $135,000 in Apr 13, 2015. 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 $2,832 in taxes each year. 512 South Hemlock Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $290,200. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $215,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1928
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 816
  • Garage Type: Detached
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,312
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,616
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANNONS ADD
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: CANNONS ADD N12 1/2FT OF L10;S1/2 OF L11 B27

Ownership

  • Current Owner : FORTUNE JOHN COREY
  • Current Owner 2: FORTUNE KYLE DOUVIA
  • Previous Owner : TOCHTERMAN MICHAEL R
  • Owner Before Previous Owner: HAYS FRANK A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Spokane Public Schools
  • Census Tract: 003602

Zoning

  • Zoning: RHD

Geography

  • Assessors Map Reference: 9M
  • Parcel: 25242.1908
  • Block: 27
  • Lot: 10,11
  • Meridian: SEC 24 TWN 25N RNG 42E
  • Municipality: SPOKANE
  • Latitude: 47.6512
  • Longitude: -117.445

    Address

  • Full Address: 512 S Hemlock St
  • Address - House Number: 512
  • Street Direction: S
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: WA
  • City Name: Spokane
  • Carrier Code: C037
  • 4-Digit Zip Code: 5411
  • Zip Code: 99201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,832
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 75
  • Final Value: 365,811
  • High Value: 434,882
  • Low Value: 296,739

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: SPOKANE TEACHERS CU
  • First Open Lien Mortgage Recording Date: Feb 26, 2020
  • First Open Lien Mortgage Loan Amount: $198,000
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: BOEING EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 15, 2022
  • Second Open Lien Mortgage Loan Amount: $130,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 09, 2047

    Market Valuation

  • Market Total Value: $290,200
  • Market Land Value: $75,000
  • Market Improvement Value: $215,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,200
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $215,200

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Transaction ID: 11744805110
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6896003
  • Previous Sale Recording Date: Apr 20, 2015
  • Previous Sale Contract Date: Apr 13, 2015
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPOKANE TEACHERS CU
  • First Mortgage Transaction Date: Feb 26, 2020
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INLAND NORTHWEST BANK
  • Previous Mortgage Transaction Date: Apr 20, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2045

About Spokane



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Frequently Asked Questions

What neighborhood is 512 South Hemlock Street located in?
The 512 South Hemlock Street is a located in the neighborhood of Spokane in Spokane, Spokane.
What is the average sales price for listings in 512 South Hemlock Street?
The average sales price for units in 512 South Hemlock Street is $0 currently.

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