NOT LISTED FOR SALE
-- Bed
-- Bath
10,445 Sq Ft
9,352 Sq Ft Lot

Sale Details

Date Sold: November 7, 2023

Last sale price $1,570,000 $150 Per Sq Ft

8 Days on Market

Highlights

  • City View
  • Corner Lot
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • Property is in very good condition

About This Home

As of November 2023

Well maintained, value-add opportunity located in Spokane’s highly desired South Hill neighborhood. Situated just down the street from Spokane’s medical district, this is prime living. 13 Unit with cottage next door. 6 Parking spots.

Last Agent to Sell the Property

Winslow Lee

Kidder Mathews License #136708 Listed on: 08/08/2023

Last Buyer's Agent

Winslow Lee

Kidder Mathews License #136708 Listed on: 08/08/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2148599

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,907

Year Built

  • Built in 1938

Lot Details

  • 9,352 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Parking

  • Open Parking

Property Views

  • City
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 10,445 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Spokane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 351924007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,907

Year Built

Built in 1938

Lot Details

9,352 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1938
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 10445
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2%
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition, See Remarks
  • View: City, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 8763

Schools

  • Junior High Dist: Spokane

Lot Info

  • Parcel Number: 351924007
  • Lot Size Acres: 0.2147
  • Lot Size: 9352
  • Lot Size Sq Ft: 9352
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Spokane Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 23
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 9423

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10907
  • AdditionalTaxIds: 351924007

Multi Family

  • Number Of Units Total: 14
  • Electric Expense: 8762
  • EnergySource: Electric
  • UnitsBelowGrade: false

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
Aug 8, 2023
Closed on
Oct 27, 2023
Sold by
Bought by
Seller's Agent
Winslow Lee
Kidder Mathews
Buyer's Agent
Winslow Lee
Kidder Mathews
List Price
$1,600,000
Sold Price
$1,570,000
Premium/Discount to List
-$30,000
-1.88%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2022
Sold by
Bought by

Purchase Details

Closed on
May 15, 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
$240,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 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
$240,000
Interest Rate
5.75%
Mortgage Type
Commercial
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
$1,568,155 Vista Title And Escrow
$313 None Listed On Document
$320,000 Transnation Title Insurance
-- Transnation Title Insurance
-- Transnation Title Insurance
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
Closed $993,000
Closed $925,000
Previous Owner $240,000
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
11/07/2023 11/07/23 Sold $1,570,000 -1.9% $150 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $1,600,000 -- $153 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $13,377 $1,303,400 $158,980 $1,144,420
2025 $14,027 $1,314,300 $112,220 $1,202,080
2024 $14,027 $1,416,700 $112,220 $1,304,480
2023 $10,907 $1,172,000 $112,220 $1,059,780
2022 $8,762 $1,117,400 $112,220 $1,005,180
2021 $8,644 $728,200 $7,010 $721,190
2020 $4,675 $378,980 $42,080 $336,900
2019 $4,305 $360,380 $42,080 $318,300
2018 $4,865 $349,980 $42,080 $307,900
2017 $4,871 $356,880 $42,080 $314,800
2016 $4,850 $347,680 $42,080 $305,600
2015 $4,963 $348,100 $45,000 $303,100
2014 -- $325,200 $40,000 $285,200
2013 -- $0 $0 $0
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2148599

Northwest Multiple Listing Service (NWMLS)
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