NOT LISTED FOR SALE

1601 W Pacific Ave Spokane, WA 99201

Browne's Addition Neighborhood
-- Bed
2 Baths
-- Sq Ft
0.9 Acres

Last Sold December 18, 2017

Last sale price $513,200

242 Days on Market

Highlights

  • 0.9 Acre Lot
  • Sacajawea Middle School Rated A-
  • Laundry Facilities

About This Home

As of December 2017

Please see attached associated documents for complete address listing. Total Building SF 23,936, 4 Studios, 8 - 1 Bedrooms, 3 - 2 Bedrooms, 3 - 3 Bedrooms and 2 Commercial Spaces. 2 Triplexes, 1 Fourplex, and 2 Fiveplexes. Total of 20 Units. One Parking Lot. Cap Rate: 7.89%.

Last Agent to Sell the Property

Dallas Lightner

LT Real Estate License #26840 Listed on: 04/20/2017

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1900

Lot Details

  • 0.9 Acre Lot

Parking

  • 4,500 Parking Spaces
  • Off-Site Parking

Community Details

  • 20 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,669

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.9
  • Road Frontage Type: City Street
  • Reso Association Amenities: Laundry
  • Co List Office Phone: 509-623-1000
  • MLS Status: Sold
  • Reso Structure Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Roof: See Remarks
  • Construction Type: See Remarks

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 4500

Utilities

  • Cooling: See Remarks
  • Heating: See Remarks

Lot Info

  • Lot Size Sq Ft: 39204

Multi Family

  • Number Of Units Total: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Dec 12, 2017
Sold by
Red Jr James Lewis
Bought by
The December Trust
Seller's Agent
Dallas Lightner
LT Real Estate
Buyer's Agent
MISC MISC
NON MLS
List Price
$800,000
Sold Price
$513,200
Premium/Discount to List
-$286,800
-35.85%

Purchase Details

Closed on
Jul 8, 2004
Sold by
Talbott Inc
Bought by
Red Jr James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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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
The December Trust $436,833 First American Title Ins Co
Red Jr James L $250,000 First American Title Ins
Talbott Inc -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Jr James L $70,000
Previous Owner Red Jr James L $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $513,200 -35.9% --
12/18/2017 12/18/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $800,000 -- --
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 $1,669 $163,350 $92,750 $70,600
2024 $1,669 $167,550 $92,750 $74,800
2023 $1,449 $162,050 $92,750 $69,300
2022 $1,561 $147,350 $92,750 $54,600
2021 $1,313 $109,780 $83,480 $26,300
2020 $1,359 $109,480 $83,480 $26,000
2019 $1,291 $107,680 $83,480 $24,200
2018 $2,528 $181,600 $111,300 $70,300
2017 $2,419 $177,000 $111,300 $65,700
2016 $2,464 $176,400 $111,300 $65,100
2015 $1,887 $176,200 $111,300 $64,900
2014 -- $172,500 $111,300 $61,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dallas Lightner

    Seller's Agent in 2017

    Dallas Lightner

    LT Real Estate

    (509) 315-8720

    1 in this area

    99 Total Sales

    Dallas Lightner
    Section Image

  • M

    Buyer's Agent in 2017

    MISC MISC

    NON MLS

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201716102

Spokane Association of REALTORS®

APN: 25241.1509

Washington Spokane County Spokane 99201 Browne's Addition

1601 W Pacific Ave, Spokane, WA

This home is located at 1601 W Pacific Ave, Spokane, WA 99201 since 20 April 2017. This property was built in 1900. 1601 W Pacific Ave is a home located in Spokane County with nearby schools including Roosevelt Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

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® 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.

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