NOT LISTED FOR SALE
2 Beds
1 Bath
12,000 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: June 30, 2022

Last sale price $1,900,000 $158 Per Sq Ft

Highlights

  • 0.38 Acre Lot
  • Contemporary Architecture
  • Oversized Parking
  • Lewis & Clark High School Rated A
  • Oversized Lot
  • 5-minute walk to Chief Garry Park

About This Home

As of June 2022

PENDING Before Listed. Great Investment Opportunity. 3 Story, 15 Unit, Apartment Complex Located Close to Garry Park. All Units Great sized with 2 Bedrooms, 1 Bathroom, Balcony or Patio & Private Parking. 6 Units Have Been Remodeled with New Flooring, Paint, Appliances, Countertops, and Updated Bathrooms. Some Units have Updated Heaters. The Property has a Sprinkler System Installed, Community Laundry, and is Close to Public Transportation. Rents are Moving up as Units Get Turned.

Last Agent to Sell the Property

Eric Peterson

Keller Williams Spokane - Main License #50426 Listed on: 04/02/2022

Keller Williams Spokane - Main

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

  • $11,417

Year Built

  • Built in 1979

Lot Details

  • 16,627 Sq Ft Lot
  • Oversized Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 12,000 Sq Ft Home
  • 3-Story Property
  • Family Room Downstairs
  • Dining Room

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher

Parking

  • Oversized Parking
  • Off-Street Parking

Schools

  • Stevens Elementary School
  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Community Details

  • 15 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35161.1504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,417

Year Built

Built in 1979

Lot Details

0.38 Acres

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Pvt Rd
  • Class: Rental Income
  • Year Built: 1979
  • Style Of Construction: 3 Level
  • Lvt Date: 04/02/2022
  • Common Interest Community: No
  • Geo Address Line: 2807 E Boone Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/2/2022 10:09:21 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Year Renovated: 2022
  • Jr High: Shaw Middle
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Approx Sq Ft: 12000
  • Price Per Sq Ft: 158.33
  • Number of Stories: 3
  • Special Features: Alum Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: 1st Flr
  • Features: Breakers
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 15
  • Number of Refrigerators: 15

Exterior Features

  • Exterior: Stucco
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg, Oversized
  • Garage Size: 0
  • Number Parking Spaces: 20

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: FATCO
  • Water Company: CityofSpok

Condo/Co-op/Association

  • Amenities: Cable TV, Cable Internet
  • Common Amenities: Lndry

Schools

  • School District: Spokane Dist 81
  • Elementary School: Stevens Elem

Lot Info

  • Acres Mol: 0.38
  • Estimated Lot Sq Ft: 16627
  • Loc Dir E W: E
  • Loc Numberblk E W: 28
  • Lot Information: Level, Oversized
  • Parcel Number: 35161.1504
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 31
  • Multiple Parcels: No

Tax Info

  • Taxes: 11417

Multi Family

  • Number Of Units: 15
  • Number Units A: 15

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

Listed on
Apr 2, 2022
Closed on
Jun 27, 2022
Sold by
Bought by
Seller's Agent
Eric Peterson
Keller Williams Spokane - Main
Buyer's Agent
MISC MISC
NON MLS
List Price
$1,895,000
Sold Price
$1,900,000
Premium/Discount to List
$5,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,218,411
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 29, 2021
Sold by
Bought by
Seller's Agent
Jon Ehrlich
Coldwell Banker Tomlinson
Buyer's Agent
Kelly Hewson
Keller Williams Spokane - Main
List Price
$1,600,000
Sold Price
$1,525,000
Premium/Discount to List
-$75,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.59%
Original Mortgage
$1,196,255
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 2, 2019
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
$1,150,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2017
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
$577,500
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 2006
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
$303,750
Interest Rate
6.25%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chief Garry Park, 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
-- New Title Company Name
$1,525,000 Wfg National Title Co
$1,100,000 First American Title Ins Co
$820,000 First American Title Ins Co
-- None Available
$405,000 Pacific Nw 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 $1,300,000
Previous Owner $1,196,255
Previous Owner $80,000
Previous Owner $100,000
Previous Owner $1,150,000
Previous Owner $577,500
Previous Owner $303,750
Previous Owner $312,000
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 Prior Sale
06/30/2022 06/30/22 Sold $1,900,000 +0.3% $158 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $1,895,000 +24.3% $158 / Sq Ft
06/30/2021 06/30/21 Sold $1,525,000 -4.7% $118 / Sq Ft View Prior Sale
03/27/2021 03/27/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $1,600,000 -- $124 / 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 $18,020 $1,675,000 $99,760 $1,575,240
2025 $17,711 $1,763,200 $99,760 $1,663,440
2024 $17,711 $1,789,100 $99,760 $1,689,340
2023 $16,665 $1,824,700 $99,760 $1,724,940
2022 $11,417 $1,707,900 $99,760 $1,608,140
2021 $12,492 $1,052,800 $49,880 $1,002,920
2020 $10,825 $878,900 $49,880 $829,020
2019 $9,717 $814,170 $41,570 $772,600
2018 $11,075 $797,370 $41,570 $755,800
2017 $5,761 $422,170 $41,570 $380,600
2016 $5,733 $411,070 $41,570 $369,500
2015 $6,029 $422,970 $41,570 $381,400
2014 -- $442,600 $66,300 $376,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202213321

Spokane Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.