NOT LISTED FOR SALE

Estimated Value: $401,485 - $679,000

6 Beds
2 Baths
6,528 Sq Ft
$78/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $300,000 $46 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,011/month

47 Days on Market

Highlights

  • 0.34 Acre Lot
  • Ranch Style House
  • Forced Air Heating System
  • Property is near public transit
  • Patio
  • Baseboard Heating

About This Home

As of December 2018

Great investment opportunity! Two side by side duplexes - each unit has 2 BD/1 BA up plus finished basements (non egress rooms). Fireplace in each living room. Laundry hookups in all units. Rents vary from $725-830 - gross monthly income $3085. Fully leased on month-to-month agreements. The duplex at 6112 has gas heat (SNAP conversion). Street parking plus carports at back units. Good location near Holy Family Hospital and north side services. Being sold as-is. 24 hour notice for any interior showings.

Last Agent to Sell the Property

Wendy Kennedy

Windermere City Group License #7659 Listed on: 10/24/2018

Windermere City Group

Last Buyer's Agent

Tim Todd

Windermere North License #25860

Windermere North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Siding

Interior Spaces

  • 6,528 Sq Ft Home
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 2,160 Parking Spaces
  • 2 Carport Spaces

Schools

  • Garry Middle School
  • Rogers High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • 4 Units
  • Water Sewer Expense $6,000

Listing and Financial Details

  • Assessor Parcel Number 36322.0121,0122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,300

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.34
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Patio, None
  • Co List Office Phone: 509-467-6640
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Alum Wn Fr
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry
  • Appliances: Free-Standing Range, Dishwasher
  • Basement YN: Yes

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick Partial, Siding

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 2160

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Forced Air, Baseboard
  • NumberOfRanges: 4

Fee Information

  • Annual Water Sewer Expense: 6000

Schools

  • Elementary School: Lidgerwood
  • High School: Rogers
  • Middle Or Junior School: Garry

Lot Info

  • Parcel Number: 36322.0121,0122
  • Lot Size Sq Ft: 15000

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4300
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Shield Investment Group
Bought by
Star Estates Llc
Current Estimated Value
$508,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$806,461
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
-$297,840

Purchase Details

Closed on
Dec 29, 2021
Sold by
Maiani Marino J and Maiani Emily E
Bought by
Shield Investment Group

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 5, 2018
Sold by
Ferraro Orlando and Ferraro Linda K
Bought by
Maiani Marino J and Maiani Emily E
Seller's Agent
Wendy Kennedy
Windermere City Group
Buyer's Agent
Tim Todd
Windermere North
List Price
$342,000
Sold Price
$300,000
Premium/Discount to List
-$42,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Tappin Marilyn
Bought by
Ferraro Orlando and Ferraro Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,257
Interest Rate
7.89%
Mortgage Type
FHA
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
Star Estates Llc -- New Title Company Name
Shield Investment Group $620,000 Wfg Natl Ttl Co Of Eastern W
Maiani Marino J $129,000 Wfg National Title Co
Ferraro Orlando $90,250 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Star Estates Llc $850,000
Previous Owner Ferraro Orlando $89,257
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $300,000 -12.3% $46 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $342,000 -- $52 / 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 $3,769 $407,900 $68,000 $339,900
2024 $3,769 $379,800 $60,000 $319,800
2023 $3,273 $374,800 $55,000 $319,800
2022 $2,658 $334,500 $55,000 $279,500
2021 $2,505 $210,300 $30,000 $180,300
2020 $2,235 $180,700 $30,000 $150,700
2019 $1,839 $153,600 $22,000 $131,600
2018 $2,167 $155,600 $40,000 $115,600
2017 $2,055 $150,300 $40,000 $110,300
2016 $2,091 $149,600 $40,000 $109,600
2015 $2,090 $146,300 $40,000 $106,300
2014 -- $129,900 $40,000 $89,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201826468

Spokane Association of REALTORS®

APN: 36322.0121