NOT LISTED FOR SALE
3 Beds
2 Baths
-- Sq Ft
10,340 Sq Ft Lot

Sale Details

Date Sold: June 12, 2018

Last sale price $612,500

71 Days on Market

Highlights

  • City View
  • Corner Lot
  • Laundry Facilities
  • Sacajawea Middle School Rated A-
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of June 2018

South Hill apartments with awesome cash flow! Excellent 2 building, 10 unit investment opportunity. Highly desirable area near hospitals, Huckleberry's, downtown and freeway access. These beautiful buildings have been updated and have no vacancy. Huge apartments with lofts and built-ins that are in high demand. Off street parking lot, on site laundry and area for an 11th unit. Performing 7.02 cap with upside! Appointments only please.

Last Agent to Sell the Property

Kim Vinson

Extant Realty License #73858 Listed on: 04/02/2018

Last Buyer's Agent

Stephen Barbieri

Goodale & Barbieri License #106903

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,505

Year Built

  • Built in 1912

Lot Details

  • 10,340 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5,400 Parking Spaces
  • Off-Site Parking

Utilities

  • Forced Air Heating System
  • Furnace
  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25241.5402

Community Details

Building Details

  • Fuel Expense $5,400
  • Water Sewer Expense $500

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,505

Year Built

Built in 1912

Lot Details

10,340 Sq Ft Lot

Listing Details

  • Year Built: 1912
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Views, Corner Lot
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • View Type:Pond View: City
  • Reso Association Amenities: Cable TV, Gas, High Speed Internet, Laundry
  • Co List Office Phone: 509-258-5000
  • MLS Status: Sold
  • Reso Structure Type: Three Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full, Partially Finished

Exterior Features

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

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 5400

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 10

Fee Information

  • Annual Fuel Expense: 5400
  • Annual Water Sewer Expense: 500

Lot Info

  • Parcel Number: 25241.5402
  • Lot Size Sq Ft: 10340

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 5505
  • Tax Database ID: 1

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, 2018
Closed on
Jun 4, 2018
Sold by
Bought by
Seller's Agent
Kim Vinson
Extant Realty
Buyer's Agent
Stephen Barbieri
Goodale & Barbieri
List Price
$665,000
Sold Price
$612,500
Premium/Discount to List
-$52,500
-7.89%

Purchase Details

Closed on
Oct 14, 2016
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
$275,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 2010
Sold by
Bought by

Purchase Details

Closed on
May 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2008
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
$164,750
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2008
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
$164,750
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 1991
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 1985
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$6,125,000 First American Title Ins Co
$325,000 First American Title Ins Co
-- None Available
-- Spokane County Title Co
-- None Available
-- First American Title Insuran
$415,000 First American Title Ins Co
-- None Available
-- None Available
-- First American Title Ins
-- --
-- First American Title Ins
-- First American Title Ins
$215,000 First American Title Ins
-- None Available
-- Transamerica Title Ins Compa
-- First American Title Ins Co
$113,612 Transamerica Title Services
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 $495,000
Previous Owner $275,000
Previous Owner $275,000
Previous Owner $151,760
Previous Owner $164,750
Previous Owner $131,000
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
06/12/2018 06/12/18 Sold $612,500 -7.9% --
04/02/2018 04/02/18 For Sale $665,000 -- --
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 $5,086 $468,400 $111,930 $356,470
2025 $5,046 $500,000 $65,840 $434,160
2024 $5,046 $508,900 $65,840 $443,060
2023 $4,734 $516,100 $65,840 $450,260
2022 $3,868 $484,300 $65,840 $418,460
2021 $3,936 $331,000 $36,210 $294,790
2020 $3,582 $290,200 $36,210 $253,990
2019 $3,210 $268,610 $36,210 $232,400
2018 $3,126 $224,710 $36,210 $188,500
2017 $2,975 $217,810 $36,210 $181,600
2016 $2,967 $212,510 $36,210 $176,300
2015 $3,005 $210,610 $36,210 $174,400
2014 -- $226,810 $36,210 $190,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201814269

Spokane Association of REALTORS®
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