NOT LISTED FOR SALE

Estimated Value: $600,868 - $640,000

3 Beds
4 Baths
2,900 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $638,400 $220 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,542/month

Highlights

  • Territorial View
  • Central Air
  • Level Lot
  • No HOA
  • Cross Fenced
  • Heating System Uses Natural Gas

About This Home

As of September 2024

Four-unit investment property or perfect for multi-generational living? This recently updated property with a brand-new roof offers the ideal blend of updates and low-maintenance design. With few rental properties available on the South Hill, this four-plex offers a compelling investment opportunity with its updated features, excellent location, and strong rental potential, ideal for investors seeking to add value to their portfolio. This property is additionally well-appointed for the optimal use of multi-generational living. Each individual can enjoy their own private space while sharing common areas, which can be ideal for maintaining privacy and fostering independence. Just a short walk to local shopping, dining, and schools. The desirable location enhances rental demand and tenant retention. Units are currently vacant and prepared for immediate leasing or swift occupancy.

Last Agent to Sell the Property

Thomas Curran

Tomlinson Sotheby's International Realty (Spokane) License #21030907 Listed on: 08/17/2024

Tomlinson Sotheby's International Realty (Spokane)

Co-Listed By

Jillian Shaw

Tomlinson Sotheby's International Realty (Idaho) License #SP56290

Last Buyer's Agent

Ryan Gustafson

Windermere Valley/Liberty Lake License #SP53596

Windermere Valley/Liberty Lake

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,036

Year Built

  • Built in 2002

Lot Details

  • 0.3 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,900 Sq Ft Home
  • Multi-Level Property
  • Territorial Views

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35273.1018

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $65,760

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,036

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Co List Office Mls Id: TIC
  • Co List Office Phone: 208-667-1551
  • Subdivision Name: N/A
  • Directions: Between Thor and Freya on 25th, property is on north side of road
  • Architectural Style: Multi Level
  • Year Built: 2002
  • General Property Description:Lot Acres2: 0.3
  • General Property Description:Lot Type 1: Residential
  • Legal and Taxes:Zoning2: Residential
  • Legal and Taxes:Tax Year2: 2023
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: Unknown
  • View:Territorial: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Multi Level
  • General Property Description:New Construction: No
  • Fuel:Electric: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • Fuel:Gas: Yes
  • General Property Description:Total SqFt2: 2900.0
  • Special Features: VirtualTour

Interior Features

  • Has Basement: None
  • Basement YN: No
  • Interior Amenities: Cable Internet Available, Cable TV, Central Air
  • Living Area: 2900.0
  • ResoLivingAreaSource: Assessor
  • Interior Features:Central Air: Yes
  • Interior Features:Cable TV: Yes
  • Interior Features:Cable Internet Available: Yes
  • Basement:None2: Yes

Exterior Features

  • Lot Features: Level
  • View: Territorial
  • Construction Type: T1-11, Frame
  • Exterior Features: Fencing - Partial
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Fencing - Partial: Yes
  • Exterior:T1-11: Yes

Garage/Parking

  • General Property Description:Garage Type2: detach
  • General Property Description:Garage Stall2: 1 Car

Utilities

  • Heating: Electric, Natural Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 35273.1018
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4036.05
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Sep 20, 2024
Sold by
Honnold Enterprise Llc
Bought by
Dumas Emerald and Vanhalderen Garrett
Seller's Agent
Thomas Curran
Tomlinson Sotheby's International Realty (Spokane)
Buyer's Agent
Ryan Gustafson
Windermere Valley/Liberty Lake
List Price
$625,000
Sold Price
$638,400
Premium/Discount to List
$13,400
2.14%
Current Estimated Value
$609,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,291
Avg. Annual Appreciation
-2.65%
Original Mortgage
$606,480
Outstanding Balance
$599,663
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$17,304

Purchase Details

Listed on
Aug 12, 2022
Closed on
Nov 10, 2022
Sold by
Mcroberts Joshua
Bought by
Honnold Enterprise Llc
Seller's Agent
Michael Stinger
eXp Realty, LLC Branch
Buyer's Agent
Dillon Batt
Amplify Real Estate Services
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.81%
Original Mortgage
$329,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Preston Aric C
Bought by
Mcroberts Joshua

Purchase Details

Closed on
May 2, 2002
Sold by
Newcome Lloyd E and Newcome Betty J
Bought by
Preston Aric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dumas Emerald $638,400 First American Title Insurance
Honnold Enterprise Llc -- Wfg National Title
Mcroberts Joshua $220,000 Stewart Title Of Spokane
Preston Aric C -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dumas Emerald $606,480
Previous Owner Honnold Enterprise Llc $329,000
Previous Owner Preston Aric C $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2024 09/23/24 Sold $638,400 0.0% $220 / Sq Ft
09/23/2024 09/23/24 Sold $638,400 +2.1% $223 / Sq Ft View Prior Sale
08/17/2024 08/17/24 Pending -- -- --
08/17/2024 08/17/24 For Sale $625,000 0.0% $216 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $625,000 +38.9% $219 / Sq Ft
11/18/2022 11/18/22 Sold $450,000 -7.2% $155 / Sq Ft View Prior Sale
10/14/2022 10/14/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $485,000 -11.8% $167 / Sq Ft
09/08/2022 09/08/22 For Sale $550,000 0.0% $190 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $550,000 -- $190 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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
2025 $4,215 $604,000 $100,000 $504,000
2024 $4,215 $424,900 $95,000 $329,900
2023 $3,903 $416,600 $75,000 $341,600
2022 $3,856 $399,100 $76,000 $323,100
2021 $3,649 $306,800 $45,600 $261,200
2020 $3,403 $275,600 $38,000 $237,600
2019 $2,794 $233,650 $33,250 $200,400
2018 $3,245 $233,300 $28,500 $204,800
2017 $2,866 $209,800 $28,500 $181,300
2016 $2,704 $193,600 $28,500 $165,100
2015 $2,705 $189,500 $28,500 $161,000
2014 -- $185,500 $28,500 $157,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 24-8156

Coeur d

APN: 35273.1018