NOT LISTED FOR SALE

Estimated Value: $478,792 - $642,000

2 Beds
1 Bath
2,925 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $535,000 $183 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,332/month

9 Days on Market

Highlights

  • 0.44 Acre Lot
  • Building Patio
  • Programmable Thermostat
  • Children's Playroom
  • Cooling Available
  • Dining Room

About This Home

As of December 2021

Clean, Quiet & Well Maintained units with long term tenants. This listing is one of 2 listings. They both have 2 duplexes on them with a shared courtyard and parking lot for a total of 8 units. The tile work is reflective as to what are in the units of this listing. These units tiled in the traffic area from the kitchen to the common hallway junction and also across the width of the sliders. Office & CCTV System on Side 6&8, On-Site Coin-Op Laundry on side 2&4. and Keyed Mailboxes. Units are Master Keyed with Interchangeable Cores (no locksmith Service Calls Needed) Units will only be shown after there is a signed around contract. From the street the addresses will be 6502 & 6506 (County has wrong address)

Last Agent to Sell the Property

Brent Watson

Professional Realty Services License #104038 Listed on: 09/12/2021

Last Buyer's Agent

Dallas Lightner

LT Real Estate License #26840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,366

Year Built

  • Built in 1983

Lot Details

  • 0.44 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,925 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Security Lights

Kitchen

  • Free-Standing Range
  • Dishwasher

Schools

  • Arlington Elementary School
  • Garry Middle School
  • Rogers High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Programmable Thermostat
  • 200+ Amp Service
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 36284.0820

Community Details

Overview

  • 4 Units

Amenities

  • Building Patio
  • Children's Playroom
  • Laundry Facilities

Building Details

  • Insurance Expense $1,083
  • Other Expense $800
  • Water Sewer Expense $3,537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,366

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1983
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 09/12/2021
  • Common Interest Community: No
  • Geo Address Line: 6506 N Altamont St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/12/2021 8:10:15 PM
  • Geo Zoom Level: 15
  • Sr High: Rogers
  • Jr High: Garry
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2925
  • Price Per Sq Ft: 182.91
  • Number of Stories: 1
  • Special Features: Wood Wn Fr, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Features: 200 AMP, Sec Lights
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Number of Ranges: 4
  • Number of Refrigerators: 4

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg
  • Garage Size: 0
  • Number Garages: 4
  • Number Parking Spaces: 7

Utilities

  • Heating/Cooling: Elec, Basebd, Prog. Therm.
  • Power Company: Avista
  • Water Company: Spokane

Condo/Co-op/Association

  • Amenities: Patio, Cable Internet
  • Common Amenities: Lndry, Child play area

Schools

  • School District: Spokane Dist 81
  • Elementary School: Arlington
  • Middle School: Garry
  • High School: Rogers
  • School District: Spokane Dist 81
  • Elementary School: Arlington

Lot Info

  • Acres Mol: 0.44
  • Estimated Lot Sq Ft: 18963
  • Loc Dir E W: E
  • Loc Numberblk E W: 23
  • Estimated Lot Dimension Depth: 301
  • Estimated Lot Dimension Front: 63
  • Lot Information: Spr Sys, Level, Fenced
  • Parcel Number: 36284.0820
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 65

Tax Info

  • Tax Database Id: 1
  • Taxes: 3366
  • Assessor Parcel Number: 36284.0820

Multi Family

  • Number Air Cond: 4
  • Number Of Units: 4
  • Number Units A: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Dec 13, 2021
Sold by
Waty R Properties Llc
Bought by
Altamont Apartments Llc
Seller's Agent
Brent Watson
Professional Realty Services
Buyer's Agent
Dallas Lightner
LT Real Estate
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Total Days on Market
9
Current Estimated Value
$549,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,198
Avg. Annual Appreciation
0.76%

Purchase Details

Closed on
Oct 1, 2015
Sold by
Watson Brent E and Tyler Watson C L
Bought by
Watyr Properties Llc

Purchase Details

Closed on
Jan 4, 2012
Sold by
Watyr Properties Llc
Bought by
Watson Brent E and Tyler Watson Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Watson Brent E and Tyler Watson C J
Bought by
Watyr Properties Llc

Purchase Details

Closed on
Jul 16, 2002
Sold by
Werner Al
Bought by
Watson Brent and Watson Carol Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.69%
Source: Public Records

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Range of Values:

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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
Altamont Apartments Llc $535,000 First American Title Ins Co
Watyr Properties Llc -- None Available
Watson Brent E -- Stewart Title Of Spokane
Watyr Properties Llc -- None Available
Watson Brent $142,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altamont Apartments Llc $260,000
Previous Owner Watson Brent E $77,000
Previous Owner Watson Brent $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $535,000 +1.9% $183 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $525,000 0.0% $179 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $525,000 -- $179 / 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 $5,013 $505,500 $80,000 $425,500
2023 $4,994 $494,200 $55,000 $439,200
2022 $3,892 $511,000 $55,000 $456,000
2021 $3,367 $283,000 $28,000 $255,000
2020 $2,954 $239,100 $28,000 $211,100
2019 $2,253 $188,300 $23,000 $165,300
2018 $2,336 $167,800 $23,000 $144,800
2017 $2,294 $167,800 $23,000 $144,800
2016 $2,244 $160,600 $23,000 $137,600
2015 $2,134 $149,400 $23,000 $126,400
2014 -- $152,400 $23,000 $129,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202122186

Spokane Association of REALTORS®

APN: 36284.0820