NOT LISTED FOR SALE
Studio
-- Bath
33,103 Sq Ft
1.74 Acre Lot

Sale Details

Date 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
  • Composition Shingle Roof
  • 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

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
Nov 7, 2023
Sold by
Bought by

Purchase Details

Listed on
Oct 6, 2020
Closed on
Feb 10, 2021
Sold by
Bought by
Seller's Agent
Kevin Warner
Kestell Company
Buyer's Agent
MISC MISC
NON MLS
List Price
$5,995,000
Sold Price
$5,750,000
Premium/Discount to List
-$245,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,025,000
Interest Rate
0.0265%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2005
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
$1,620,000
Interest Rate
0.0564%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2004
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
$1,180,000
Interest Rate
0.0577%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2004
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
$1,180,000
Interest Rate
0.0577%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$8,080,000 None Listed On Document
$5,750,000 Ticor
$2,340,679 First American Title Ins Co
-- None Available
$2,160,000 First American Title Ins
$1,700,000 First American Title Ins
-- First American Title Ins
-- First American Title
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 $3,500,000
Previous Owner $1,000,000
Previous Owner $4,025,000
Previous Owner $1,580,000
Previous Owner $1,620,000
Previous Owner $1,180,000
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
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

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 $76,111 $6,725,400 $684,740 $6,040,660
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

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202023181

Spokane Association of REALTORS®
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