NOT LISTED FOR SALE

Estimated Value: $362,000 - $464,000

3 Beds
2 Baths
2,160 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $3,288,000 $1,522 Per Sq Ft

Current estimated payment $2,542/month

Highlights

  • Contemporary Architecture
  • 28 Car Attached Garage
  • Baseboard Heating
  • Northwood Middle School Rated A-
  • Forced Air Heating System

About This Home

As of October 2015

Sold at time of listing, this is one duplex of a 10 duplex package deal. All duplexes were near Whitworth University, and rented to Whitworth students. A website was included in the sale that drove student traffic to the landlord for constant stream of tenants.

Last Agent to Sell the Property

Randy Wells

Windermere City Group License #40391 Listed on: 10/15/2015

Windermere City Group

Last Buyer's Agent

Kathleen Cardinal

Professional Realty Services License #18311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1987

Lot Details

  • 6,534

Parking

  • 28 Car Attached Garage
  • Off-Site Parking

Home Design

  • Contemporary Architecture

Kitchen

  • Free-Standing Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Northwood Middle School
  • Mead High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Baseboard Heating

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 36182.9123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,087

Year Built

Built in 1987

Lot Details

0

Parking

28

Listing Details

  • Year Built: 1987
  • Property Sub-Type: Rental
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-323-2323
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: Yes

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 28
  • Parking Features: Attached, Off Site

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air, Baseboard
  • NumberOfRanges: 20

Schools

  • High School: Mead
  • Middle Or Junior School: Northwood

Lot Info

  • Parcel Number: 36182.9123

Multi Family

  • Number Of Units Total: 20

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2020
Sold by
Thabel Jasbir S and Dhami Jaswant K
Bought by
Jesse Dhami Llc
Total Days on Market
0
Current Estimated Value
$407,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,522,813
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
-$1,115,684

Purchase Details

Closed on
Feb 11, 2016
Sold by
Thabel Jasbir S and Thabel Jaswant K
Bought by
Thabel Family Llc

Purchase Details

Listed on
Oct 15, 2015
Closed on
Oct 5, 2015
Sold by
Meyer William D and Meyer Nadean J
Bought by
Thabel Jasbir S and Thabel Jaswant K
Seller's Agent
Randy Wells
Windermere City Group
Buyer's Agent
Kathleen Cardinal
Professional Realty Services
List Price
$3,500,000
Sold Price
$3,288,000
Premium/Discount to List
-$212,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.50%
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2010
Sold by
Meyer William D and Meyer Nadean J
Bought by
Meyer William D and Meyer Nadean J

Purchase Details

Closed on
Aug 18, 2005
Sold by
Rose Mark L and Rose Lisa M
Bought by
Meyer William D and Meyer Nadean J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2003
Sold by
Dighans Mary C
Bought by
Rose Mark L and Rose Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jesse Dhami Llc -- None Available
Thabel Family Llc -- Spokane County Title Company
Thabel Jasbir S $3,288,000 Spokane County Title Company
Meyer William D -- None Available
Meyer William D $309,000 Pacific Nw Title
Rose Mark L $225,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jesse Dhami Llc $1,700,000
Closed Thabel Family Llc $575,000
Previous Owner Thabel Jasbir S $200,000
Previous Owner Thabel Jasbir S $1,049,608
Previous Owner Meyer William D $208,000
Previous Owner Meyer William D $247,200
Previous Owner Rose Mark L $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $3,288,000 -6.1% $1,522 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $3,500,000 -- $1,620 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,087 $298,400 $65,000 $233,400
2023 $2,622 $283,100 $50,000 $233,100
2022 $2,686 $278,900 $50,000 $228,900
2021 $2,501 $207,100 $22,000 $185,100
2020 $2,420 $190,700 $22,000 $168,700
2019 $2,153 $170,600 $19,000 $151,600
2018 $2,327 $157,900 $19,000 $138,900
2017 $2,270 $154,600 $19,000 $135,600
2016 $2,252 $149,100 $15,000 $134,100
2015 $2,182 $147,600 $15,000 $132,600
2014 -- $143,200 $15,000 $128,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201526181

Spokane Association of REALTORS®

APN: 36182.9123