NOT LISTED FOR SALE

Estimated Value: $463,000 - $485,206

4 Beds
4 Baths
3,200 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $271,200 $85 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,022/month

83 Days on Market

Highlights

  • Ranch Style House
  • 320 Car Detached Garage
  • Forced Air Heating System
  • North Central High School Rated A-

About This Home

As of September 2019

An investors dream opportunity near Gonzaga District. Multiple units in one location with the potential for additional unit in basement. Corner location with a central detached garage, 3 single spaces rent for $100.00 each per month (1st come, 1st serve). Units have been refurbished & are fully rented. Laundry hook-ups in each unit. Tenant will need to provide their own washer & dryer. Excellent rental history. Month-to-month existing rental agreements.

Last Listed By

Carol Groves

Windermere Manito, LLC License #11111 Listed on: 05/10/2019

Windermere Manito, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1973

Lot Details

  • 4,400

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Parking

  • 320 Car Detached Garage
  • 1 Carport Space
  • Off-Site Parking

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Forced Air Heating System
  • Furnace

Community Details

  • 2 Units
  • Water Sewer Expense $3,720

Listing and Financial Details

  • Assessor Parcel Number 35074.1502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,765

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub-Type: Rental
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-747-1051
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Master Plan Zoning: 2-4 U
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Detached, Off Site, See Remarks
  • Total Parking Spaces: 320

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 3720

Schools

  • Elementary School: Garfield
  • High School: North Central
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 35074.1502

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Aug 21, 2019
Sold by
Baker Kim A and Baker Cynthia L
Bought by
Highland Investment Properties Llc
Seller's Agent
Carol Groves
Windermere Manito, LLC
Buyer's Agent
Joy Wood
eXp Realty, LLC Branch
List Price
$299,000
Sold Price
$271,200
Premium/Discount to List
-$27,800
-9.3%
Total Days on Market
83
Current Estimated Value
$477,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,352
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Jan 17, 2012
Closed on
Jun 13, 2012
Sold by
Schaefer Eric and Schaefer Wendy
Bought by
Baker Kim A and Baker Cynthia L
Seller's Agent
Curtis Mokrey
First Look Real Estate
Buyer's Agent
Greg Durheim
Windermere Manito, LLC
List Price
$98,950
Sold Price
$88,007
Premium/Discount to List
-$10,943
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%
Original Mortgage
$66,005
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Keenan Joshua J and Keenan Vickie L
Bought by
Schaefer Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 3, 2006
Sold by
Schaefer Wendi
Bought by
Schaefer Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 21, 2001
Sold by
Russell M Paul and Russell Regina M
Bought by
Keenan Joshua J and Keenan Vickie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,010
Interest Rate
7.41%
Mortgage Type
Seller Take Back

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
Highland Investment Properties Llc $565,000 First American Title
Baker Kim A $88,288 Spokane County Title Co
Schaefer Eric $120,000 Spokane County Title Co
Schaefer Eric -- Spokane County Title Co
Keenan Joshua J $208,900 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Investment Properties Llc $682,500
Previous Owner Baker Kim A $66,005
Previous Owner Schaefer Eric $96,000
Previous Owner Keenan Joshua J $81,500
Previous Owner Keenan Joshua J $188,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $271,200 -9.3% $85 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $299,000 +239.7% $93 / Sq Ft
06/20/2012 06/20/12 Sold $88,007 -11.1% $28 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $98,950 -- $31 / 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
2024 $4,185 $421,800 $55,000 $366,800
2023 $3,570 $402,800 $55,000 $347,800
2022 $3,730 $364,900 $55,000 $309,900
2021 $3,522 $296,100 $30,000 $266,100
2020 $2,383 $192,700 $25,000 $167,700
2019 $1,765 $147,400 $17,000 $130,400
2018 $1,836 $131,750 $14,450 $117,300
2017 $1,522 $111,150 $14,450 $96,700
2016 $1,693 $121,050 $14,450 $106,600
2015 $1,730 $121,050 $14,450 $106,600
2014 -- $132,950 $14,450 $118,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201915920

Spokane Association of REALTORS®

APN: 35074.1502