NOT LISTED FOR SALE

612 W Sharp Ave Spokane, WA 99201

Emerson Garfield Neighborhood

Estimated Value: $939,000

-- Bed
6 Baths
3,812 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $494,000 $130 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,537/month

3 Days on Market

Highlights

  • Zoned Heating
  • North Central High School Rated A-
  • Baseboard Heating

About This Home

As of August 2020

A turnkey rental property just North of Spokane's downtown core. Six spacious apartments recently renovated with new cabinets and flooring. Rents quoted at the low end of the current market spectrum, in a market showing a vacancy rate under 2%. Sizable backyard affords room for garage/shop or additional units. Seller has chosen not to re-rent four vacancies with repairs in progress. Be sure to visit virtual tour, and click on "Floorplans" to experience a 3D virtual Matterport tour.

Last Agent to Sell the Property

Larry Lapidus

Coldwell Banker Tomlinson License #2876 Listed on: 07/14/2020

Coldwell Banker Tomlinson

Last Buyer's Agent

Bruce Van Catt

4 Degrees Real Estate License #141094

4 Degrees Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,632

Year Built

  • Built in 1954

Lot Details

  • 8,300 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,812 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Schools

  • Glover Middle School
  • North Central High School

Utilities

  • Zoned Heating
  • Baseboard Heating

Community Details

  • 6 Units
  • Water Sewer Expense $3,600

Listing and Financial Details

  • Assessor Parcel Number 35181.3107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,632

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-535-7400
  • MLS Status: Sold
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Slab
  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 4

Utilities

  • Heating: Electric, Baseboard, Zoned
  • NumberOfRanges: 6

Fee Information

  • Annual Water Sewer Expense: 3600

Schools

  • Elementary School: Garfield
  • High School: North Central
  • Middle Or Junior School: Glover

Lot Info

  • Parcel Number: 35181.3107
  • Lot Size Sq Ft: 8300

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Gratus Investments Llc
Bought by
Ajs Place Llc
Total Days on Market
3
Current Estimated Value
$939,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2023
Sold by
William P Barany Llc
Bought by
Gratus Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 3, 2020
Sold by
Inland Empire Properties Llc
Bought by
William P Barany Llc
Seller's Agent
Larry Lapidus
Coldwell Banker Tomlinson
Buyer's Agent
Bruce Van Catt
4 Degrees Real Estate
List Price
$500,000
Sold Price
$494,000
Premium/Discount to List
-$6,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%

Purchase Details

Closed on
Sep 2, 2003
Sold by
Holmes Virginia D
Bought by
Inland Empire Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 2001
Sold by
Mcleod Marvin
Bought by
Campbell Dale E and Fereira Tina R

Purchase Details

Closed on
Nov 30, 1976
Sold by
Cooney Paul K and Cooney Dorothy
Bought by
Griswold David C and Griswold Nancy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ajs Place Llc $950,000 Vista Title
Gratus Investments Llc $750,000 Vista Title And Escrow Llc
William P Barany Llc $494,000 First American Title
Inland Empire Properties Llc -- None Available
Inland Empire Properties Llc $145,000 First American Title Ins
Campbell Dale E -- --
Griswold David C -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Revive Center For Returning Ci $0
Open Ajs Place Llc $1,120,000
Previous Owner Gratus Investments Llc $655,000
Previous Owner Inland Empire Properties Llc $230,000
Previous Owner Inland Empire Properties Llc $122,500
Closed Gratus Investments Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $494,000 -1.2% $130 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $500,000 -- $131 / 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
2024 $6,632 $669,200 $57,900 $611,300
2023 $6,259 $689,900 $57,900 $632,000
2022 $5,140 $640,700 $57,900 $582,800
2021 $3,918 $329,500 $49,630 $279,870
2020 $2,814 $227,730 $49,630 $178,100
2019 $2,606 $217,930 $49,630 $168,300
2018 $2,965 $213,130 $49,630 $163,500
2017 $2,811 $205,730 $49,630 $156,100
2016 $2,810 $201,230 $49,630 $151,600
2015 $2,950 $206,730 $49,630 $157,100
2014 -- $205,960 $49,460 $156,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Lapidus

    Seller's Agent in 2020

    Larry Lapidus

    Coldwell Banker Tomlinson

    (509) 230-2331

    2 in this area

    26 Total Sales

    Larry Lapidus
    Section Image
  • Bruce Van Catt

    Buyer's Agent in 2020

    Bruce Van Catt

    4 Degrees Real Estate

    (509) 209-1640

    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202018748

Spokane Association of REALTORS®

APN: 35181.3107

Washington Spokane County Spokane 99201 Emerson Garfield

612 W Sharp Ave, Spokane, WA

This home is located at 612 W Sharp Ave, Spokane, WA 99201 since 14 July 2020 and is currently estimated at $939,000, approximately $246 per square foot. This property was built in 1954. 612 W Sharp Ave is a home located in Spokane County with nearby schools including Garfield Elementary School, North Central High School, and Glover Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes