NOT LISTED FOR SALE
1 Bed
2 Baths
3,812 Sq Ft
8,300 Sq Ft Lot Lot

Sale Details

Date Sold: August 10, 2020

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

3 Days on Market

Highlights

  • Corner Lot
  • Halls are 32 inches wide or more
  • Baseboard Heating
  • North Central High School Rated A-
  • Zoned 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

Last Buyer's Agent

Bruce Van Catt

4 Degrees Real Estate License #141094

4 Degrees Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,300 Sq Ft Lot
  • Corner 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

Accessible Home Design

  • Halls are 32 inches wide or more
  • Doors are 32 inches wide or more
  • Flash Smoke Alarm

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

Year Built

Built in 1954

Lot Details

8,300 Sq Ft Lot

Listing Details

  • Year Built: 1954
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: See Remarks
  • Co List Office Phone: 509-535-7400
  • MLS Status: Sold
  • Reso Accessibility Features: Door Width 32 Inches or More, Flash Smoke Detector, Hallways 32+
  • Reso Structure Type: Two Story
  • 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

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

Closed on
Jun 14, 2024
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
$1,120,000
Outstanding Balance
$1,103,705
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2023
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
$150,000
Interest Rate
6.32%

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 3, 2020
Sold by
Bought by
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%

Purchase Details

Closed on
Sep 2, 2003
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
$122,500
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 1976
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$950,000 Vista Title
$750,000 Vista Title And Escrow Llc
$494,000 First American Title
-- None Available
$145,000 First American Title Ins
-- --
-- First American Title Ins
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 $1,120,000
Previous Owner $150,000
Previous Owner $655,000
Previous Owner $122,500
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
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

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
2025 $6,632 $776,600 $57,900 $718,700
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

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202018748

Spokane Association of REALTORS®
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