NOT LISTED FOR SALE

1503 W Gardner Ave Spokane, WA 99201

West Central Neighborhood

Estimated Value: $259,000 - $358,000

5 Beds
3 Baths
3,322 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $258,000 $78 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,891/month

6 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Corner Lot
  • North Central High School Rated A-
  • Wood Flooring
  • Wood Frame Window

About This Home

As of August 2024

Investor Alert. 2 Buildings, 3 units on 2 parcels with common water feed. Vacant and ready for your creativity. 1503 Gardner has a 3BR 2BTH unit w/FA Gas heat. The big unit could be divided into 2 units All vinyl windows in Gardner W/ 2BR 1 BTH above. 1015 N Walnut is 2 BR 1 Bth. Both 2 BR units have gas stoves for heat. Updated panel boxes. Much plumbing upgrade. Attached shed could be made into a laundry facility again, for more cash flow. Kendall Yards near by and Hamilton Studios Entertainment venue within eye shot. The stand alone house could be law offices or possibly temporary housing. A very unique offering with much upside in a transitioning area. Vacant and easy to show, ready for you to start working with no eviction headaches. Rents were low and bringing 3K per month. SEE AGENT REMARKS FOR VIEWING INSTRUCTIONS.

Last Agent to Sell the Property

Stoddard Hodgson

R.H. Cooke & Associates License #19321 Listed on: 08/01/2024

Last Buyer's Agent

Sydney Colvin

Windermere Manito, LLC License #137373

Windermere Manito, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • Corner Lot
  • 25131.0214

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,322 Sq Ft Home
  • 1.5-Story Property
  • Vinyl Clad Windows
  • Wood Frame Window
  • Utility Room
  • Wood Flooring
  • Free-Standing Range
  • Partially Finished Basement

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Shared Driveway
  • Off-Site Parking

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Furnace
  • Gas Available

Community Details

  • 3 Units
  • Water Sewer Expense $3,960

Listing and Financial Details

  • Assessor Parcel Number 25131.0214

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Year Built: 1903
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot, City Bus (w/in 6 blks)
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Gas, None
  • Co List Office Phone: (509) 327-2282
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Reso Interior Features: Utility Room, Wood Floor, Windows Wood, Windows Vinyl
  • Reso Structure Type: One and a Half Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Crawl Space
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Off Site, Shared Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: See Remarks, Hi Eff Furn (>90%)
  • Heating: Gas Hot Air Furnace, Forced Air, See Remarks, Hi Eff Furn (>90%)
  • NumberOfRanges: 3

Fee Information

  • Annual Water Sewer Expense: 3960

Lot Info

  • Parcel Number: 25131.0214
  • Additional Parcels Description: 25131.0214
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 16, 2024
Sold by
Marshall Patrick G and Marshall Meta S
Bought by
Csc Investments Llc
Seller's Agent
Stoddard Hodgson
R.H. Cooke & Associates
Buyer's Agent
Sydney Colvin
Windermere Manito, LLC
List Price
$299,000
Sold Price
$258,000
Premium/Discount to List
-$41,000
-13.71%
Views
34
Current Estimated Value
$315,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,347
Avg. Annual Appreciation
13.73%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Kobayashi Mutsuyo
Bought by
Marshall Patrick G and Marshall Meta S

Purchase Details

Closed on
May 25, 2001
Sold by
Santarin Milagros
Bought by
Kobayashi Mutsuyo
Source: Public Records
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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
Csc Investments Llc $258,000 Wfg National Title
Marshall Patrick G -- Spokane County Title Co
Kobayashi Mutsuyo -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2024 08/21/24 Sold $258,000 -13.7% $78 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $299,000 -- $90 / Sq Ft
Source: Spokane Association of REALTORS®

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 $3,008 $294,900 $60,000 $234,900
2024 $3,008 $326,700 $60,000 $266,700
2023 $2,710 $319,800 $50,000 $269,800
2022 $2,515 $276,700 $40,000 $236,700
2021 $2,225 $186,700 $15,000 $171,700
2020 $1,911 $154,400 $18,000 $136,400
2019 $1,073 $89,400 $18,000 $71,400
2018 $1,146 $82,100 $18,000 $64,100
2017 $1,093 $79,700 $18,000 $61,700
2016 $1,180 $84,200 $18,000 $66,200
2015 $1,206 $84,200 $18,000 $66,200
2014 -- $86,200 $20,000 $66,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stoddard Hodgson

    R.H. Cooke & Associates

    (509) 362-2977

    4 in this area

    14 Total Sales

    Stoddard Hodgson
    Section Image
  • Sydney Colvin

    Buyer's Agent in 2024

    Sydney Colvin

    Windermere Manito, LLC

    (509) 209-0970

    2 in this area

    16 Total Sales

    Sydney Colvin
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202420706

Spokane Association of REALTORS®

APN: 25131.0215

Washington Spokane County Spokane 99201 West Central

1503 W Gardner Ave, Spokane, WA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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