NOT LISTED FOR SALE

Estimated Value: $340,292 - $410,000

4 Beds
2 Baths
13,172 Sq Ft
$29/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $525,000 $40 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $2,361/month

295 Days on Market

Highlights

  • 0.47 Acre Lot
  • Wood Flooring
  • Patio
  • Colonial Architecture
  • 4 Car Attached Garage
  • 4-minute walk to Clark Playfield

About This Home

As of August 2015

Great investment opportunity!! All brick with concrete balconies, wrought iron railing, fireplaces in some units, hardwood floors, W/D in some units-hookups in all units. Newer roof, sprinkler system in common area courtyard. 4 garages with additional covered parking. Low deferred maintenance, 4 large storage units which can be rented out for additional income. 2 four-plexes & 1 duplex. Unit C has 1 unit with 2 Bd & 2 Ba. The annual water includes water/sewer/garbage. Misc. expense is management fee.

Last Agent to Sell the Property

Barb Pielli

Bornhoft Commercial License #41414 Listed on: 11/05/2014

Last Buyer's Agent

Robert Milliron

Windermere North License #3411

Windermere North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,682

Year Built

  • Built in 1966

Lot Details

  • 0.47 Acre Lot

Parking

  • 4 Car Attached Garage
  • 4 Carport Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 13,172 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Outdoor Features

  • Patio
  • Playground

Schools

  • Gary Middle School
  • Rogers High School

Utilities

  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 10 Units
  • Community Storage Space
  • Water Sewer Expense $9,238

Listing and Financial Details

  • Assessor Parcel Number 35053.0524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,682

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1966
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.47
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Patio, Play Area, Storage
  • Co List Office Phone: 509-467-7400
  • MLS Status: Sold
  • Architectural Style: Colonial
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Wood Floor, Alum Wn Fr
  • Reso Structure Type: Two Story
  • Master Plan Zoning: RMF
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Carport, Slab/Strip
  • Total Parking Spaces: 2

Utilities

  • Heating: Hot Water
  • NumberOfRanges: 10

Fee Information

  • Annual Water Sewer Expense: 9238

Schools

  • Elementary School: Willard
  • High School: Rogers
  • Middle Or Junior School: Gary

Lot Info

  • Parcel Number: 35053.0524
  • Lot Size Sq Ft: 20400

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 7682
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
Aug 24, 2015
Sold by
Securities Training Institute Inc
Bought by
Higgins Jay G and Kornder Cheryl Ann
Seller's Agent
Barb Pielli
Bornhoft Commercial
Buyer's Agent
Robert Milliron
Windermere North
List Price
$775,000
Sold Price
$525,000
Premium/Discount to List
-$250,000
-32.26%
Current Estimated Value
$383,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,427
Avg. Annual Appreciation
-2.88%
Original Mortgage
$365,000
Outstanding Balance
$288,834
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,984
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Higgins Jay G $525,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Jay G $365,000
Previous Owner Securities Training Institute Inc $74,745
Previous Owner Securities Training Institute Inc $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2015 08/27/15 Sold $525,000 -32.3% $40 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $775,000 -- $59 / Sq Ft
Source: Spokane Association of REALTORS®

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 $3,299 $333,300 $70,000 $263,300
2024 $3,299 $332,300 $65,000 $267,300
2023 $3,231 $327,300 $60,000 $267,300
2022 $2,044 $330,200 $60,000 $270,200
2021 $2,077 $174,250 $28,050 $146,200
2020 $1,993 $161,050 $28,050 $133,000
2019 $1,742 $145,450 $28,050 $117,400
2018 $1,889 $135,630 $18,230 $117,400
2017 $1,836 $134,230 $16,830 $117,400
2016 $1,994 $141,230 $16,830 $124,400
2015 $2,018 $141,230 $16,830 $124,400
2014 -- $141,230 $16,830 $124,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201426657

Spokane Association of REALTORS®

APN: 35053.0524