Seller's Agent in 2021
Todd Grubb
Keller Williams Spokane - Main
(509) 999-1796
1 in this area
123 Total Sales
227 E Ermina Ave Spokane, WA 99207
Logan Neighborhood
6
Beds
4
Baths
2,248
Sq Ft
5,000
Sq Ft Lot
Highlights
- Traditional Architecture
- Corner Lot
- Cooling System Mounted In Outer Wall Opening
- Lewis & Clark High School Rated A
- 2 Car Detached Garage
- Landscaped with Trees
About This Home
As of December 2021Here is your opportunity to own a great 4 Plex in the Gonzaga area. Get the passive income you have been waiting for with $4750 a month in gross rents and potential to increase! All in a highly sought after location with low vacancy. One of the units has been made available to show and the other three units are occupied. 2 units have 2 bedrooms and 1 bath and the other 2 units have 1 bedroom and 1 bath. Building is a 2 story with a metal roof, newer vinyl siding and stairs. Detached garage can be rented for extra income along with 4 onsite parking spots and there is an timed sprinkler system. Corner lot with a side yard and large front yard! Close to all. This is a 4 unit multi-unit building and will qualify for owner financing to live in one unit and collect rent on the rest. Either way this Gonzaga property is a a huge WIN!
Last Agent to Sell the Property
Keller Williams Spokane - Main License #101798 Listed on: 10/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,623
Year Built
- Built in 1900
Lot Details
- 5,000 Sq Ft Lot
- Corner Lot
- Level Lot
- Sprinkler System
- Landscaped with Trees
Home Design
- Traditional Architecture
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,248 Sq Ft Home
- 2-Story Property
- Free-Standing Range
Parking
- 2 Car Detached Garage
- Shared Driveway
- Off-Street Parking
Schools
- Logan Elementary School
- Shaw Middle School
- Lewis & Clark High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number 35083.3210
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,065
- Other Expense $715
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2021 12/27/21 | Sold | $565,000 | +4.6% | $251 / Sq Ft |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- |
| 10/30/2021 10/30/21 | For Sale | $540,000 | -- | $240 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 | $3,979 | $372,800 | $68,000 | $304,800 |
| 2024 | $3,979 | $401,000 | $110,000 | $291,000 |
| 2023 | $4,734 | $434,400 | $110,000 | $324,400 |
| 2022 | $3,118 | $484,300 | $40,000 | $444,300 |
| 2021 | $2,204 | $184,900 | $40,000 | $144,900 |
| 2020 | $1,994 | $161,100 | $30,000 | $131,100 |
| 2019 | $1,871 | $156,300 | $30,000 | $126,300 |
| 2018 | $2,176 | $156,300 | $30,000 | $126,300 |
| 2017 | $2,137 | $156,300 | $30,000 | $126,300 |
| 2016 | $2,194 | $157,000 | $30,000 | $127,000 |
| 2015 | $2,157 | $151,000 | $30,000 | $121,000 |
| 2014 | -- | $151,000 | $30,000 | $121,000 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Grubb
-
Melissa Murphy
Buyer's Agent in 2021
Melissa Murphy
Prime Real Estate Group
(509) 220-0128
1 in this area
313 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202124564
APN: 35083.3210
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