NOT LISTED FOR SALE

Estimated Value: $552,235 - $768,000

6 Beds
4 Baths
2,790 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $350,000 $125 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,761/month

124 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Utility Room

About This Home

As of October 2018

Turn-key investment opportunity here! 1 of 3 duplex units on dead-end road with large lots, privacy, and a solid history of fantastic renters. All units currently filled. All month to month. 1-level ranchers with 3bds, 2 baths, open floor plans, gas f/a heat, CAC. All units have 2 car garages, and have been well maintained. Floorplans are identical. Fenced backyards. Great location for amenities and transportation. Photos 2-14 are of unit 121. Other units in equal condition.

Last Agent to Sell the Property

Rebecca Ruark

Windermere Valley License #24024536 Listed on: 06/28/2018

Windermere Valley

Last Buyer's Agent

Kelsey Peters-Wittig

KP Real Estate Investments, Inc License #26651

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 2006

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Siding
  • Hardboard

Interior Spaces

  • 2,790 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Vinyl Clad Windows
  • Utility Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Location

  • Property is near public transit

Schools

  • North Pines Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Gas Available

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45154.1902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,110

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Level, Open Lot, City Bus (w/in 6 blks), CC & R
  • Lot Size Acres: 0.33
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, Gas, None
  • Co List Office Phone: 509-928-1991
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Zero Clearance, Gas
  • Reso Interior Features: Utility Room, Cathedral Ceiling(s), Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding, Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Site

Utilities

  • Cooling: Central Air
  • Heating: Gas Hot Air Furnace, Forced Air

Schools

  • Elementary School: Broadway
  • High School: University
  • Middle Or Junior School: North Pines

Lot Info

  • Parcel Number: 45154.1902
  • Lot Size Sq Ft: 14375

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Oct 19, 2018
Sold by
Southern Revocable Trust
Bought by
Playa Holdings Corp
Seller's Agent
Rebecca Ruark
Windermere Valley
Buyer's Agent
Kelsey Peters-Wittig
KP Real Estate Investments, Inc
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%
Current Estimated Value
$621,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,809
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Jan 8, 2014
Sold by
Southern Kathleen A
Bought by
Southern Kathleen Ann and Kathleen Ann Southern Revocable Trust

Purchase Details

Closed on
Jun 29, 2006
Sold by
Schlorft Ronald W
Bought by
Southern Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2006
Sold by
Crapo Dennis A and Crapo Melissa A
Bought by
Southern Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2006
Sold by
Diamond Rock Construction Inc
Bought by
Crapo Dennis A and Crapo Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2006
Sold by
Schlarft Ronald W
Bought by
Southern Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2006
Sold by
Crapo Dennis A and Crapo Melissa A
Bought by
Diamond Rock Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,800
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Playa Holdings Corp $350,000 First American Title Ins Co
Southern Kathleen Ann -- None Available
Southern Kathleen -- Stewart Title Of Spokane
Southern Kathleen A $352,000 Stewart Title Of Spokane
Crapo Dennis A -- Stewart Title Of Spokane
Southern Kathleen -- Vista Title & Escrow Llc
Diamond Rock Construction Inc -- Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southern Kathleen A $227,000
Previous Owner Diamond Rock Construction Inc $492,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $350,000 -5.4% $125 / Sq Ft
06/28/2018 06/28/18 For Sale $370,000 -- $133 / 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
2025 $5,570 $549,700 $80,000 $469,700
2024 $5,570 $518,100 $70,000 $448,100
2023 $5,029 $531,300 $70,000 $461,300
2022 $4,725 $521,300 $60,000 $461,300
2021 $4,529 $361,600 $44,000 $317,600
2020 $4,148 $336,100 $40,000 $296,100
2019 $3,916 $331,300 $37,800 $293,500
2018 $4,091 $287,600 $35,000 $252,600
2017 $3,141 $223,600 $32,000 $191,600
2016 $3,505 $242,600 $32,000 $210,600
2015 $3,319 $225,500 $32,000 $193,500
2014 -- $220,700 $32,000 $188,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201820003

Spokane Association of REALTORS®

APN: 45154.1902