NOT LISTED FOR SALE

2702 E 55th Ave Spokane, WA 99223

Moran Prairie Neighborhood
Studio
-- Bath
33,103 Sq Ft
75,794 Sq Ft

Last Sold February 11, 2021

Last sale price $5,750,000 $174 Per Sq Ft

39 Days on Market

Highlights

  • 1.74 Acre Lot
  • Contemporary Architecture
  • Patio
  • Hamblen Elementary School Rated A-
  • 38 Car Attached Garage
  • Utility Room

About This Home

As of February 2021

1995 Built 38 Unit Building Located In A Highly Desirable South Hill Location. All Units Are 2 Or 3 Bedrooms. All Units Have 2 Baths. All Units Have A 1 Car Garage. All Units Have Full Size Washer And Dryer New Roof On All 4 Buildings. Most Units Have Been Updated And 3 Units Are Brand New Today. This Project Has Been Previously Approved For A Condo Conversion Project. Additional .87 Acre Parcel Also Available

Last Agent to Sell the Property

Kevin Warner

Kestell Company License #16908 Listed on: 10/06/2020

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,320

Year Built

  • Built in 1995

Lot Details

  • 1.74 Acre Lot
  • Property fronts a private road
  • Sprinkler System

Parking

  • 38 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 33,103 Sq Ft Home
  • 3-Story Property
  • Vinyl Clad Windows
  • Utility Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 34041.0118

Community Details

Overview

  • 38 Units
  • Regal Heights Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Building Details

  • Fuel Expense $4,000
  • Water Sewer Expense $56,931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,320

Year Built

Built in 1995

Lot Details

1.74 Acres

Parking

38

Listing Details

  • Year Built: 1995
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic
  • Lot Size Acres: 1.74
  • Road Frontage Type: Private Road, Gravel
  • Reso Association Amenities: Deck, Patio, Laundry, See Remarks
  • Co List Office Phone: 509-838-2002
  • MLS Status: Sold
  • Subdivision Name: Regal Heights
  • Architectural Style: Contemporary
  • Reso Interior Features: Utility Room, Windows Vinyl
  • Reso Structure Type: Three Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Slab
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 38
  • Parking Features: Attached
  • Total Parking Spaces: 38

Utilities

  • Heating: Electric
  • NumberOfRanges: 38

Fee Information

  • Annual Fuel Expense: 4000
  • Annual Water Sewer Expense: 56931

Lot Info

  • Parcel Number: 34041.0118
  • Lot Size Sq Ft: 76082

Multi Family

  • Number Of Units Total: 38

Tax Info

  • Tax Annual Amount: 40320
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $5,750,000 -4.1% $174 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $5,995,000 -- $181 / 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 $76,125 $7,238,300 $456,490 $6,781,810
2024 $76,125 $7,315,000 $456,490 $6,858,510
2023 $68,676 $7,186,100 $456,490 $6,729,610
2022 $53,262 $6,767,700 $456,490 $6,311,210
2021 $21,040 $3,407,500 $228,250 $3,179,250
2020 $40,320 $3,139,800 $228,250 $2,911,550
2019 $29,964 $2,351,750 $228,250 $2,123,500
2018 $33,680 $2,262,750 $228,250 $2,034,500
2017 $32,269 $2,189,150 $228,250 $1,960,900
2016 $32,015 $2,132,150 $228,250 $1,903,900
2015 $30,161 $2,025,200 $227,700 $1,797,500
2014 -- $1,955,700 $227,700 $1,728,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Warner

    Seller's Agent in 2021

    Kevin Warner

    Kestell Company

    (509) 994-6431

    1 in this area

    7 Total Sales

    Kevin Warner
    Section Image

  • M

    Buyer's Agent in 2021

    MISC MISC

    NON MLS

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202023181

Spokane Association of REALTORS®
Washington Spokane County Spokane 99223 Moran Prairie

2702 E 55th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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