NOT LISTED FOR SALE
3 Beds
2 Baths
7,200 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: July 7, 2014

Last sale price $330,000 $46 Per Sq Ft

77 Days on Market

Highlights

  • 0.28 Acre Lot
  • Baseboard Heating
  • 2-minute walk to Dutch Jakes Mini Park
  • North Central High School Rated A-
  • Level Lot

About This Home

As of July 2014

This is a great, clean investment property with upside potential. Current Cap Rate 6.41% potential 8.73% CAP. Located in Spokane's Nettleton District and on a bus line, this property is in a great position to continue at full occupancy. Walking distance to Dutch Jakes Park, near the Spokane County Courthouse and the new Kendall Yards development in the downtown periphery. Call today for more information, MLS data may not be accurate as there is limited space to add data for a 10 unit complex.

Last Agent to Sell the Property

Rebecca Usai

John L Scott, Spokane Valley Brokerage Phone: 509-844-3737 License #104035 Listed on: 02/03/2014

John L Scott, Spokane Valley

Co-Listed By

Luann Padgham

Continental Real Estate, Co. Brokerage Phone: 509-844-3737 License #16933

Last Buyer's Agent

MISC MISC

NON MLS

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1978

Lot Details

  • 12,197 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 11 Parking Spaces

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7,200 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Laundry in Basement
  • Free-Standing Range

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 25131.6621

Community Details

Overview

  • 10 Units

Building Details

  • Fuel Expense $1,517
  • Water Sewer Expense $9,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,798

Year Built

Built in 1978

Lot Details

0.28 Acres

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Open Lot
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Mls Id: SAR1056
  • Co List Office Phone: 509-324-9000
  • Attribution Contact: Phone: 509-844-3737
  • Co List Office Phone: 509-924-4200
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2004

Interior Features

  • Basement: Finished, Laundry
  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 3

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 11

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • NumberOfRanges: 10

Fee Information

  • Annual Fuel Expense: 1517
  • Annual Water Sewer Expense: 9263

Lot Info

  • Parcel Number: 25131.6621
  • Lot Size Sq Ft: 12197

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 4798

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

Closed on
Apr 16, 2014
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
$233,917
Outstanding Balance
$173,143
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in West Central, WA

See All Agents

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
$329,000 First American Title Ins Co
-- Accommodation
-- None Available
$35,000 Spokane County Title Co
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
Open $233,917
Previous Owner $86,000
Previous Owner $225,000
Previous Owner $93,440
Previous Owner $189,900
Previous Owner $200,000
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
07/07/2014 07/07/14 Sold $330,000 -8.3% $46 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $360,000 -- $50 / Sq Ft
Source: Spokane Association of REALTORS®

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 $8,171 $833,500 $72,000 $761,500
2025 $7,903 $792,300 $72,000 $720,300
2024 $7,903 $797,700 $72,000 $725,700
2023 $7,569 $861,500 $72,000 $789,500
2022 $6,009 $775,000 $72,000 $703,000
2021 $5,896 $496,400 $42,000 $454,400
2020 $4,316 $349,800 $42,000 $307,800
2019 $4,149 $347,300 $42,000 $305,300
2018 $4,717 $339,300 $39,000 $300,300
2017 $4,646 $340,350 $29,250 $311,100
2016 $4,621 $331,250 $29,250 $302,000
2015 $4,917 $344,850 $29,250 $315,600
2014 -- $338,950 $29,250 $309,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201411627

Spokane Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.