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517 East Olympic Avenue

517 East Olympic Avenue, Spokane, WA 99207
Sold Jul 02, 2019
$180,000
$180,000 by Spokane Teacher Cu
Mortgage Due Jul 01, 2049
Sold Sep 11, 2014
$110,000
$106,700 by Heritage Home Loans
Mortgage Due Oct 01, 2044
517 East Olympic Avenue in Spokane, WA was first built in 1911 and is 113 years old. Although, the building on the property was most recently renovated and altered in 2014. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 517 East Olympic Avenue has 1,186 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 628 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 5,950 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 900 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 28, 2019 for $180,000. That's $131.96 per sqft. Prior to that sales transaction, the property was also sold in Sep 11, 2014 for $110,000. 517 East Olympic Avenue was last assessed in 2023. The total value of the property was assessed at $263,500. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $208,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,581. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • 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: 628
  • Garage Type: Detached
  • Garage Square Area: 900
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,950
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,186
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENWOOD
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: KENWOOD W L17 B12

Ownership

  • Current Owner : SCHENK BRENT S
  • Previous Owner : HORN COREY RYAN
  • Previous Owner 2: HORN MIRANDA DAWN
  • Owner Before Previous Owner: RAHN ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spokane Public Schools
  • Census Tract: 000400

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: 11I
  • Parcel: 36323.1214
  • Block: 12
  • Lot: 17
  • Meridian: SEC 32 TWN 26N RNG 43E
  • Municipality: SPOKANE
  • Latitude: 47.7033
  • Longitude: -117.402

    Address

  • Full Address: 517 E Olympic Ave
  • Address - House Number: 517
  • Street Direction: E
  • Address - Street Name: Olympic
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Spokane
  • Carrier Code: C029
  • 4-Digit Zip Code: 1554
  • Zip Code: 99207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,581
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 79
  • Final Value: 306,997
  • High Value: 357,064
  • Low Value: 256,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: SPOKANE TEACHER CU
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $263,500
  • Market Land Value: $55,000
  • Market Improvement Value: $208,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,500
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $208,500

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Transaction ID: 11623193121
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6819068
  • Previous Sale Recording Date: Sep 11, 2014
  • Previous Sale Contract Date: Sep 11, 2014
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPOKANE TEACHER CU
  • First Mortgage Transaction Date: Jul 02, 2019
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE HOME LOANS
  • Previous Mortgage Transaction Date: Sep 11, 2014
  • Previous Mortgage Loan Amount: $106,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2044

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Frequently Asked Questions

What neighborhood is 517 East Olympic Avenue located in?
The 517 East Olympic Avenue is a house located in the neighborhood of Nevada - Lidgerwood in Nevada - Lidgerwood, Spokane.
What is the average sales price for listings in 517 East Olympic Avenue?
The average sales price for units in 517 East Olympic Avenue is $0 currently.

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