NOT LISTED FOR SALE
1 Bed
1 Bath
6,620 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: August 8, 2020

Last sale price $571,500 $86 Per Sq Ft

9 Days on Market

Highlights

  • 0.28 Acre Lot
  • Corner Lot
  • Baseboard Heating
  • North Central High School Rated A-
  • Patio
  • Laundry Facilities

About This Home

As of August 2020

(Exterior photos coming soon) Investment opportunity. Located within the Spokane's opportunity zone! Each unit has 1 bedroom 1 bath. Some have recently received new paint and flooring. Each apartment has their own storage unit as well as on-site laundry services. Each unit has wall ac units. Off street parking available for all units. Centrally located and just minutes away from Kendal Yards and downtown Spokane. Several units have received new flooring and interior paint. Fully occupied.

Last Agent to Sell the Property

Jerry Hornberger

The Hornberger Group, LLC License #121381 Listed on: 05/29/2020

Last Buyer's Agent

MISC MISC

NON MLS

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,642

Year Built

  • Built in 1974

Lot Details

  • 12,197 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Siding

Interior Spaces

  • 6,620 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Free-Standing Range

Parking

  • 15 Parking Spaces
  • Alley Access
  • Off-Site Parking

Outdoor Features

  • Patio

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 25131.0403

Community Details

Overview

  • 11 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Fuel Expense $1,139
  • Water Sewer Expense $10,423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,642

Year Built

Built in 1974

Lot Details

0.28 Acres

Listing Details

  • Year Built: 1974
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Corner Lot, Fencing
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Satellite Dish, Patio, Laundry, Storage
  • Co List Office Phone: 509-922-9250
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Interior Features: Alum Wn Fr
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Construction Type: Siding

Garage/Parking

  • Parking Features: Off Site, Alley Access
  • Total Parking Spaces: 15

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 11

Fee Information

  • Annual Fuel Expense: 1139
  • Annual Water Sewer Expense: 10423

Schools

  • Elementary School: Holmes
  • High School: North Central
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 25131.0403
  • Lot Size Sq Ft: 12197

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 5642.3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
Seller's Agent
Jerry Hornberger
The Hornberger Group, LLC
Buyer's Agent
MISC MISC
NON MLS
List Price
$600,000
Sold Price
$571,500
Premium/Discount to List
-$28,500
-4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,625
Outstanding Balance
$371,633
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,505
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.62%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$571,500 First American Title Ins Co
$388,000 Stewart Title Of Spokane
$340,000 Spokane County Title Co
$297,500 First American Title Ins
$230,000 Pacific Nw Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $428,625
Previous Owner $300,000
Previous Owner $300,000
Previous Owner $200,000
Previous Owner $276,505
Previous Owner $238,000
Previous Owner $203,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2020 08/08/20 Sold $571,500 -4.8% $86 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $600,000 -- $91 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,062 $779,000 $72,000 $707,000
2025 $7,211 $791,900 $72,000 $719,900
2024 $7,211 $727,700 $72,000 $655,700
2023 $7,566 $805,700 $72,000 $733,700
2022 $5,970 $774,700 $72,000 $702,700
2021 $6,273 $528,200 $72,000 $456,200
2020 $5,842 $473,900 $72,000 $401,900
2019 $5,129 $429,500 $72,000 $357,500
2018 $5,554 $399,600 $72,000 $327,600
2017 $5,095 $373,300 $60,000 $313,300
2016 $5,129 $364,100 $60,000 $304,100
2015 $3,918 $366,400 $60,000 $306,400
2014 -- $360,800 $60,000 $300,800
2013 -- $0 $0 $0
Source: Public Records

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202016333

Spokane Association of REALTORS®
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