NOT LISTED FOR SALE

Estimated Value: $602,102 - $709,000

6 Beds
4 Baths
2,914 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $650,000 $223 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,931/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • 2 Car Attached Garage
  • Hamblen Elementary School Rated A-
  • Fenced Yard
  • Patio

About This Home

As of May 2024

Now is your chance to own this fantastic property in an unbelievable location! It's a rare opportunity to find this type of turn-key income property up on the South Hill! Thriving income property that has been operating with a short term rental, fully furnished model on one side and has long-term tenants on the other side. Both units have been beautifully updated all throughout. New LVP Flooring, remodeled bathrooms, updated Kitchen spaces too! Live in one side and rent out the other, or take on the exact model that has been successful thus far. The furnished side will be sold with all current furnishings staying.

Last Agent to Sell the Property

Sara Koenig

American R.E. Associates, Inc License #126555 Listed on: 05/16/2024

Last Buyer's Agent

Sarah Sears

Keller Williams Spokane - Main License #121755

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,334

Year Built

  • Built in 1986

Lot Details

  • 0.31 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,914 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Sacajawea Middle School
  • Ferris High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • High Speed Internet

Community Details

  • 2 Units
  • Water Sewer Expense $3,432

Listing and Financial Details

  • Assessor Parcel Number 34041.3301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,334

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1986
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Level, Corner Lot
  • Lot Size Acres: 0.31
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Patio, None
  • Co List Office Phone: (509) 435-2424
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Fireplace Features: Gas, Woodburning Fireplce
  • Reso Structure Type: One and a Half Story
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Total Parking Spaces: 2807

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 3432

Schools

  • Elementary School: Hamblen
  • High School: Ferris
  • Middle Or Junior School: Sacajawea

Lot Info

  • Parcel Number: 34041.3301
  • Lot Size Sq Ft: 13500
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
May 24, 2024
Sold by
Bryan Richard A and Bryan Jennifer M
Bought by
Adewale Francis and Adewale Olamide
Seller's Agent
Sara Koenig
American R.E. Associates, Inc
Buyer's Agent
Sarah Sears
Keller Williams Spokane - Main
List Price
$660,000
Sold Price
$650,000
Premium/Discount to List
-$10,000
-1.52%
Views
23
Current Estimated Value
$657,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,526
Avg. Annual Appreciation
0.74%

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 15, 2021
Sold by
Cox Lorie M
Bought by
Bryan Richard A and Bryan Jennifer M
Seller's Agent
Bart Cloninger
Windermere Manito, LLC
Buyer's Agent
Sara Koenig
American R.E. Associates, Inc
List Price
$345,000
Sold Price
$515,000
Premium/Discount to List
$170,000
49.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$386,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2014
Closed on
Oct 10, 2014
Sold by
Hand Nancy M
Bought by
Cox Lorie M
Seller's Agent
Jean Stewart
Professional Realty Services
Buyer's Agent
Chuck Laughary
G.K. Hansen Real Estate
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$187,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2001
Sold by
Conklin Rollin D and Conklin Abby G
Bought by
Hand Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,320
Interest Rate
6.97%

Purchase Details

Closed on
Dec 23, 1994
Sold by
Bryan W Lester
Bought by
Conklin Rollin D and Conklin Abby G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,450
Interest Rate
9.27%
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
Adewale Francis $650,000 Wfg National Title
Bryan Richard A $515,000 Vista Title & Escrow Llc
Cox Lorie M $250,000 Spokane County Title Co
Hand Nancy M $157,900 Spokane County Title Co
Conklin Rollin D -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryan Richard A $386,250
Previous Owner Cox Lorie M $187,500
Previous Owner Hand Nancy M $126,320
Previous Owner Conklin Rollin D $94,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $650,000 -1.5% $223 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $660,000 +28.2% $226 / Sq Ft
03/16/2021 03/16/21 Sold $515,000 -1.9% $177 / Sq Ft View Prior Sale
02/11/2021 02/11/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $525,000 -3.7% $180 / Sq Ft
01/25/2021 01/25/21 Price Changed $545,000 +58.0% $187 / Sq Ft
01/25/2021 01/25/21 For Sale $345,000 +38.0% $118 / Sq Ft
10/22/2014 10/22/14 Sold $250,000 -2.0% $86 / Sq Ft View Prior Sale
09/22/2014 09/22/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $255,000 -- $88 / 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 $5,661 $591,200 $110,000 $481,200
2024 $5,661 $536,600 $110,000 $426,600
2023 $6,078 $615,100 $90,000 $525,100
2022 $5,801 $593,600 $85,000 $508,600
2021 $4,645 $368,730 $56,930 $311,800
2020 $4,033 $305,930 $56,930 $249,000
2019 $3,682 $283,550 $51,750 $231,800
2018 $3,815 $250,800 $45,000 $205,800
2017 $3,603 $238,700 $45,000 $193,700
2016 $3,538 $229,900 $65,000 $164,900
2015 $3,347 $219,000 $60,000 $159,000
2014 -- $199,000 $40,000 $159,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202416404

Spokane Association of REALTORS®

APN: 34041.3301