NOT LISTED FOR SALE

Estimated Value: $742,000 - $1,052,799

6 Beds
6 Baths
-- Sq Ft
0.35 Acres

Last Sold April 18, 2014

Last sale price $330,000

Est. 176% increase in value since last sale

Current estimated payment $5,711/month

267 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Oversized Lot
  • Territorial View
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of April 2014

Cash flow property. Excellent Investment Opportunity in the heart of Spokane Valley, yet on a quiet street & in convenient location. Each unit has 3br/2.5ba, 2100 sf of finished area & 900 sf unfinished in the bsmt. 1st flr boats 9' ceilings, wide halls & doors, modern kitch design & granite counters, wood & tile floors, w/craftsman inspired natural woodwork doors & trim, gas fp, master suite & utility room. Landscaped yard w/spr sys, covered deck, gas heat, cen a/c, no maintenance vinyl windows, 2 car gar.

Last Agent to Sell the Property

Anatoly Yunikov

Professional Realty Services License #8168 Listed on: 07/25/2013

Professional Realty Services

Last Buyer's Agent

Jessica Woodard

EXIT Real Estate Professionals License #25393

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,728

Year Built

  • Built in 2009

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard
  • Oversized Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Gas Fireplace
  • Vinyl Clad Windows
  • Utility Room
  • Wood Flooring
  • Territorial Views
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Accessible Home Design

  • Halls are 32 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating System
  • Furnace
  • Gas Available

Community Details

  • 2 Units
  • Community Deck or Porch
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Assessor Parcel Number 45164.0339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,728

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2009
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Oversized Lot, Surveyed
  • Lot Size Acres: 0.35
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Deck, Gas, None
  • Co List Office Phone: 509-323-2100
  • MLS Status: Sold
  • Reso Accessibility Features: Door Width 32 Inches or More, Hallways 32+
  • Architectural Style: Contemporary
  • Reso Fireplace Features: Gas
  • Reso Interior Features: Utility Room, Wood Floor, Natural Woodwork, Windows Vinyl, Multi Pn Wn
  • Reso Structure Type: One and a Half Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Pantry
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle, Synthetic
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Under Building, Garage Door Opener, Oversized
  • Total Parking Spaces: 900

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Fee Information

  • Annual Water Sewer Expense: 1200

Lot Info

  • Parcel Number: 45164.0339
  • Lot Size Sq Ft: 15300

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Mar 26, 2014
Sold by
Burlakov Pavel and Burlakov Luba
Bought by
Malinak Michael J
Seller's Agent
Anatoly Yunikov
Professional Realty Services
Buyer's Agent
Jessica Woodard
EXIT Real Estate Professionals
List Price
$359,900
Sold Price
$330,000
Premium/Discount to List
-$29,900
-8.31%
Current Estimated Value
$911,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,266
Avg. Annual Appreciation
9.21%
Original Mortgage
$150,000
Outstanding Balance
$113,640
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$797,626

Purchase Details

Listed on
Jul 25, 2013
Closed on
Mar 24, 2014
Sold by
Malinak Michelle C and Malinak Michael J
Bought by
Malinak Michael J
Seller's Agent
Anatoly Yunikov
Professional Realty Services
Buyer's Agent
Jessica Woodard
EXIT Real Estate Professionals
List Price
$359,900
Sold Price
$330,000
Premium/Discount to List
-$29,900
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$113,640
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$797,626

Purchase Details

Closed on
Nov 21, 2008
Sold by
Burlakov Lubov
Bought by
Burlakov Pavel
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Malinak Michael J $330,000 Inland Professional Title Ll
Malinak Michael J -- Inland Professional Title Ll
Burlakov Pavel -- Pacific Northwest Title
Burlakov Pavel $57,000 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malinak Michael J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $330,000 -8.3% --
04/18/2014 04/18/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $359,900 -- --
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
2025 $11,180 $1,034,000 $95,000 $939,000
2024 $11,180 $1,055,700 $80,000 $975,700
2023 $9,346 $1,043,900 $75,000 $968,900
2022 $8,558 $989,450 $68,250 $921,200
2021 $7,897 $637,300 $42,000 $595,300
2020 $7,338 $601,600 $42,000 $559,600
2019 $6,049 $517,200 $35,700 $481,500
2018 $6,513 $462,700 $35,700 $427,000
2017 $5,999 $433,900 $35,700 $398,200
2016 $5,355 $375,000 $33,600 $341,400
2015 $5,254 $361,600 $33,600 $328,000
2014 -- $325,950 $36,750 $289,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201321901

Spokane Association of REALTORS®

APN: 45164.0339