NOT LISTED FOR SALE

1913 E Cataldo Ave Spokane, WA 99202

Chief Garry Park Neighborhood

Estimated Value: $301,000 - $454,209

5 Beds
3 Baths
2,684 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $136,000 $51 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,377/month

35 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Woodwork
  • Lewis & Clark High School Rated A
  • Fenced Yard
  • Level Lot

About This Home

As of August 2016

Excellent income property featuring 3 units that are all occupied by long term tenants, with great rents. Incredible cap rate with $1650/month rents. Close to Mission and Chief Garry Park. Just over a mile away from Gonzaga campus, and just as close to Spokane Community College. Bus lines a block away. Gross rents are $19,800 annually, and did I mention fully occupied? Buy it and immediately start collecting rent from long term tenants. This one pencils.

Last Agent to Sell the Property

Taylor Ward

eXp Realty, LLC Branch License #108530 Listed on: 06/13/2016

eXp Realty, LLC Branch

Last Buyer's Agent

Charlotte Wolverton

Kelly Right Real Estate of Spokane License #18903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1947

Lot Details

  • 7,100 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Flooring

Parking

  • 1,200 Parking Spaces
  • Alley Access
  • Off-Site Parking

Schools

  • Shaw Middle School
  • Lewis & Clark High School

Additional Features

  • Property is near public transit
  • Heating Available

Community Details

  • 3 Units
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Assessor Parcel Number 35162.2916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, City Bus (w/in 6 blks), Fencing
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-624-4400
  • MLS Status: Sold
  • Reso Interior Features: Wood Floor, Natural Woodwork
  • Reso Structure Type: One and a Half Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: None
  • Basement YN: No
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: Off Site, Alley Access
  • Total Parking Spaces: 1200

Utilities

  • Heating: Electric
  • NumberOfRanges: 3

Fee Information

  • Annual Water Sewer Expense: 1200

Schools

  • Elementary School: Stevens
  • High School: Lewis & Clark
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35162.2916
  • Lot Size Sq Ft: 7100

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1652
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Arthur Brandon and Aspaas Krista
Bought by
Streeter Llc
Current Estimated Value
$399,302

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 19, 2016
Sold by
Hofman Harmen and Hofman Rhona
Bought by
Arthur Brandon S and Aspaas Krista B
Seller's Agent
Taylor Ward
eXp Realty, LLC Branch
Buyer's Agent
Charlotte Wolverton
Kelly Right Real Estate of Spokane
List Price
$139,900
Sold Price
$136,000
Premium/Discount to List
-$3,900
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$102,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Hofman Harman P and Hofman Rhona J
Bought by
Hofman Properties Llc

Purchase Details

Closed on
May 11, 2005
Sold by
Household Realty Corp
Bought by
Hofman Harmen P and Hofman Rhona J

Purchase Details

Closed on
Jan 28, 2005
Sold by
Mcconnaghy Thomas C and Mcconnaghy Doris T
Bought by
Household Realty Corp

Purchase Details

Closed on
Dec 28, 1995
Sold by
Siebenforcher Dennis C and Siebenforcher Nancy P
Bought by
Mcconnaghy Thomas C and Mcconnaghy Doris T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Streeter Llc -- None Available
Arthur Brandon S $136,000 First American Title Ins Co
Hofman Harmen -- First American Title Ins Co
Hofman Properties Llc -- First American Title Ins Co
Hofman Harmen P $78,000 First American Title Ins
Household Realty Corp $78,108 First American Title Ins
Mcconnaghy Thomas C -- Transamerica Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arthur Brandon S $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2016 08/08/16 Sold $136,000 -2.8% $51 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $139,900 -- $52 / 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 $3,641 $342,400 $80,000 $262,400
2024 $3,641 $366,800 $75,000 $291,800
2023 $3,546 $362,500 $75,000 $287,500
2022 $3,025 $362,500 $75,000 $287,500
2021 $2,333 $195,800 $32,000 $163,800
2020 $2,190 $177,000 $28,000 $149,000
2019 $2,024 $169,100 $17,500 $151,600
2018 $1,979 $142,100 $15,000 $127,100
2017 $1,820 $133,000 $15,000 $118,000
2016 $1,652 $118,100 $15,000 $103,100
2015 $1,670 $116,800 $15,000 $101,800
2014 -- $113,900 $15,000 $98,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Taylor Ward

    eXp Realty, LLC Branch

    Section Image

  • C

    Buyer's Agent in 2016

    Charlotte Wolverton

    Kelly Right Real Estate of Spokane

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201619365

Spokane Association of REALTORS®

APN: 35162.2916

Washington Spokane County Spokane 99202 Chief Garry Park

1913 E Cataldo Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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