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8511 East Main Avenue

8511 East Main Avenue, Spokane, WA 99212
Sold Mar 04, 2020
$154,400
$151,603 by Flagstar Bank Fsb
Mortgage Due Apr 01, 2050
Sold Nov 13, 2019
$112,500
8511 East Main Avenue in Spokane, WA was first built in 1945 and is 79 years old. 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. There are a total of 2 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8511 East Main Avenue has 880 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 300 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 12,075 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. 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 average. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 8511 East Main Avenue sold most recently in Feb 26, 2020 for a total of $154,400. If you work out the math, that's approximately a cost of $130.85 per sqft. Before that, the property was also sold for $112,500 in Nov 6, 2019. 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 $2,724 in taxes each year. 8511 East Main Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $222,700. 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 $147,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Stucco Exterior

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 300
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,075
  • Total Building Area: 1,180
  • Gross Building Area: 1,180
  • Building Area: 880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 880
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SP39-05
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SP 2005-39: LOT 1 (AFN 5460239 - AKA SHP-39-05)

Ownership

  • Current Owner : BUCHE KOLBY THOMAS
  • Previous Owner : SECURED INVESTMENT HIGH YIELD FUND II LL
  • Owner Before Previous Owner: CAMPOS ERTEL OMAR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Valley School District
  • Census Tract: 012100

Zoning

  • Zoning: R-4

Geography

  • Parcel: 45184.1229
  • Lot: 1
  • Meridian: SEC 18 TWN 25N RNG 44E
  • Municipality: SPOKANE VAL FRMRLY PTN OF 2640
  • Latitude: 47.659
  • Longitude: -117.29

    Address

  • Full Address: 8511 E Main Ave
  • Address - House Number: 8511
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Spokane Valley
  • Carrier Code: C031
  • 4-Digit Zip Code: 2811
  • Zip Code: 99212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,724
  • Tax Rate Code Area: 0148

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 75
  • Final Value: 273,172
  • High Value: 324,030
  • Low Value: 222,314

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $157,667
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Mar 04, 2020
  • First Open Lien Mortgage Loan Amount: $151,603
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050
  • Second Open Lien Mortgage Lender: WASHINGTON STATE HOUSING FIN C
  • Second Open Lien Mortgage Recording Date: Mar 04, 2020
  • Second Open Lien Mortgage Loan Amount: $6,064
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $222,700
  • Market Land Value: $75,000
  • Market Improvement Value: $147,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,700
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $147,700

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: Mar 04, 2020
  • Current Sale Transaction ID: 11745684758
  • Current Sale Price: $154,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6898460
  • Previous Sale Recording Date: Nov 13, 2019
  • Previous Sale Contract Date: Nov 06, 2019
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Mar 04, 2020
  • First Mortgage Loan Amount: $151,603
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

About Spokane Valley



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Frequently Asked Questions

What neighborhood is 8511 East Main Avenue located in?
The 8511 East Main Avenue is a house located in the neighborhood of Spokane Valley in Spokane Valley, Spokane.
What is the average sales price for listings in 8511 East Main Avenue?
The average sales price for units in 8511 East Main Avenue is $0 currently.

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