NOT LISTED FOR SALE

2011 W Broadway Ave Spokane, WA 99201

West Central Neighborhood

Estimated Value: $361,029 - $414,000

-- Bed
1 Bath
3,420 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $370,000 $108 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,299/month

57 Days on Market

Highlights

  • Cooling Available
  • 1-Story Property
  • High Speed Internet
  • North Central High School Rated A-
  • Laundry Facilities
  • 1-minute walk to Dutch Jakes Mini Park

About This Home

As of May 2022

Charming 6 bedroom home rented out by the bedroom. Can be purchased as a part of a larger portfolio at a discount. Call listing agent for more information. NOI - $27,250 Cap rate - 6.8% !!

Last Agent to Sell the Property

Devin Mecham

NAI Black License #22006882 Listed on: 01/10/2022

NAI Black

Last Buyer's Agent

Chris Ennis

CENTURY 21 Beutler & Associates License #132349

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 1924

Lot Details

  • 6,000

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Additional Features

  • 1-Story Property
  • 6,000 Sq Ft Lot

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 25134.1304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,472

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd
  • Class: Rental Income
  • Year Built: 1924
  • Style Of Construction: 1 Story
  • Lvt Date: 01/10/2022
  • Common Interest Community: No
  • Geo Address Line: 2011 W Broadway Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/10/2022 10:51:31 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior: Stucco
  • Roof: Comp

Garage/Parking

  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec

Condo/Co-op/Association

  • Common Amenities: Lndry

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6000
  • Loc Dir E W: W
  • Loc Numberblk E W: 20
  • Parcel Number: 25134.1304
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Multi Family

  • Number Of Units: 6
  • Number Units A: 3
  • Number Units B: 1
  • Number Units C: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2015
Sold by
Kelley Developments Llc
Bought by
Vintage Rentals Llc
Current Estimated Value
$384,007

Purchase Details

Closed on
Mar 26, 2010
Sold by
Kelley Keith T and Kelley Kendra S
Bought by
Kelley Developments Llc

Purchase Details

Closed on
May 16, 2008
Sold by
Murray Brian and Murray Heather D
Bought by
Kelley Keith T and Kelley Kendra S

Purchase Details

Closed on
May 31, 2007
Sold by
Murray Heather
Bought by
M K Development Llc

Purchase Details

Closed on
Mar 29, 2007
Sold by
Murray Brian
Bought by
Murray Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2007
Sold by
M K Development Llc
Bought by
Murray Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Murray Heather D
Bought by
Mk Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,120
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2005
Sold by
Murray Brian
Bought by
Murray Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,120
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 17, 2002
Sold by
Zimmer Robert
Bought by
Zimmer Diane A
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
Vintage Rentals Llc -- Spokane County Title Company
Kelley Developments Llc -- Spokane County Title Co
Kelley Keith T -- Pacific Northwest Title
Murray Brian -- Pacific Northwest Title
M K Development Llc -- None Available
Murray Heather -- Spokane County Title Co
Murray Heather -- None Available
Mk Development Llc -- Spokane County Title Co
Murray Heather -- Spokane County Title Co
Murray Heather $66,400 Spokane County Title Co
Zimmer Diane A -- Transnation Title Ins Co
Zimmer Diane A $49,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Heather $112,500
Previous Owner Murray Heather $53,120
Previous Owner Murray Heather $13,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $370,000 -7.5% $108 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $400,000 -- $117 / 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 $3,472 $357,700 $80,000 $277,700
2024 $3,472 $349,800 $75,000 $274,800
2023 $2,931 $330,800 $60,000 $270,800
2022 $2,343 $299,400 $55,000 $244,400
2021 $2,050 $171,900 $18,500 $153,400
2020 $1,907 $154,000 $14,400 $139,600
2019 $1,584 $132,200 $14,400 $117,800
2018 $1,653 $118,600 $14,400 $104,200
2017 $1,502 $109,700 $14,400 $95,300
2016 $1,417 $101,200 $14,400 $86,800
2015 $1,448 $101,200 $14,400 $86,800
2014 -- $107,900 $20,000 $87,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Devin Mecham

    Seller's Agent in 2022

    Devin Mecham

    NAI Black

    (509) 724-9555

    7 in this area

    17 Total Sales

    Devin Mecham
    Section Image
  • Chris Ennis

    Buyer's Agent in 2022

    Chris Ennis

    CENTURY 21 Beutler & Associates

    (509) 558-0671

    3 in this area

    170 Total Sales

    Chris Ennis
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202210267

Spokane Association of REALTORS®

APN: 25134.1304

Washington Spokane County Spokane 99201 West Central

2011 W Broadway Ave, Spokane, WA

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