NOT LISTED FOR SALE

Estimated Value: $592,000 - $779,000

8 Beds
4 Baths
3,844 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $300,000 $78 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,139/month

67 Days on Market

Highlights

  • Traditional Architecture
  • Cul-De-Sac
  • Landscaped with Trees
  • Hamblen Elementary School Rated A-
  • 4 Car Attached Garage
  • Baseboard Heating

About This Home

As of September 2015

(2) Duplexes on (1) lot equals one great buy on this prime upper South Hill 4 plex near Southside Sports complex and Ferris HS. Condition is excellent. Rent surveys show market rents are $750+/- for all (4) 961 sq ft units with dbl attached garages. Notice quiet CDS location. W,S,T approx 4K/yr.

Last Agent to Sell the Property

Glenn Sather

Coldwell Banker Schneidmiller License #4761 Listed on: 07/16/2015

Last Buyer's Agent

Joel Elgee

Avalon 24 Real Estate License #27675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 4 Car Attached Garage

Home Design

  • Traditional Architecture
  • Cedar

Interior Spaces

  • 3,844 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Utility Room

Schools

  • Ferris High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 4 Units
  • Water Sewer Expense $4,062

Listing and Financial Details

  • Assessor Parcel Number 34041.1127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,731

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Treed, Level, Cul-De-Sac, Fencing
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street
  • Reso Association Amenities: See Remarks
  • Co List Office Phone: 208-765-2222
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Reso Fireplace Features: Masonry, Woodburning Fireplce
  • Reso Interior Features: Utility Room
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Cedar, Wood

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 4

Fee Information

  • Annual Water Sewer Expense: 4062

Schools

  • High School: Ferris

Lot Info

  • Parcel Number: 34041.1127
  • Lot Size Sq Ft: 12197

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 3, 2015
Sold by
Nagel Michael E
Bought by
Woodruff Jonathan
Seller's Agent
Glenn Sather
Coldwell Banker Schneidmiller
Buyer's Agent
Joel Elgee
Avalon 24 Real Estate
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%
Current Estimated Value
$656,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,560
Avg. Annual Appreciation
8.31%
Original Mortgage
$225,000
Outstanding Balance
$178,173
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$484,329

Purchase Details

Closed on
Jan 15, 2003
Sold by
Houser James G
Bought by
Nagel Michael E and Lambert Nagel Jutta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,520
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Woodruff Jonathan $300,000 First American Title Ins Co
Nagel Michael E $224,400 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodruff Jonathan W $100,000
Closed Woodruff Jonathan W $10,000
Open Woodruff Jonathan $225,000
Previous Owner Nagel Michael E $155,500
Previous Owner Nagel Michael E $158,000
Previous Owner Nagel Michael E $179,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2015 09/21/15 Sold $300,000 -10.4% $78 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $335,000 -- $87 / 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 $6,731 $733,800 $150,000 $583,800
2024 $6,731 $679,160 $197,860 $481,300
2023 $6,218 $673,000 $85,000 $588,000
2022 $5,949 $636,500 $82,500 $554,000
2021 $5,533 $465,800 $65,000 $400,800
2020 $5,319 $431,400 $65,000 $366,400
2019 $3,919 $328,000 $60,000 $268,000
2018 $4,318 $310,600 $50,000 $260,600
2017 $3,879 $284,100 $45,000 $239,100
2016 $4,492 $322,000 $45,000 $277,000
2015 $4,449 $312,000 $45,000 $267,000
2014 -- $303,500 $45,000 $258,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201521477

Spokane Association of REALTORS®

APN: 34041.1127