NOT LISTED FOR SALE
1 Bed
1 Bath
-- Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: August 11, 2017

Last sale price $1,150,000

29 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Laundry Facilities
  • Halls are 32 inches wide or more
  • Utility Room
  • High Speed Internet

About This Home

As of August 2017

18 apts =(2) 7-unit bldgs. (Side-by-side) + 6616 E 3rd (4-plex) Huge cash-flow! High demand location. Updated in / out. Newer carpet. New paint. Good roofs. New appliances. Handicap access? 4-car garage. Easy access from I-90 and Valley. Always full. Zero vacancy last two years! Rents are low = your opportunity! Easy to manage. Please be courteous. Please do not walk-around property without the listing agent. Please caution your client to respect the Tenants Privacy Laws! Do not talk to any tenant.

Last Agent to Sell the Property

Bruce Bafus

Key Properties License #10686 Listed on: 05/15/2017

Key Properties

Last Buyer's Agent

Mark Anderson

LPT Realty LLC License #26151

LPT Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1953

Lot Details

  • 19,050 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Off-Site Parking

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Utility Room
  • Free-Standing Range

Accessible Home Design

  • Halls are 32 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • 18 Units
  • Laundry Facilities
  • Water Sewer Expense $6,310

Listing and Financial Details

  • Assessor Parcel Number 35242.0901 +

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,719

Year Built

Built in 1953

Lot Details

0.44 Acres

Parking

4

Listing Details

  • Year Built: 1953
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Corner Lot
  • Lot Size Acres: 0.43
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, High Speed Internet, Laundry
  • Co List Office Phone: 509-747-7777
  • MLS Status: Sold
  • Reso Accessibility Features: Door Width 32 Inches or More, Hallways 32+
  • Architectural Style: Rancher
  • Reso Interior Features: Utility Room
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Basement: Slab
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: No
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Off Site, See Remarks, Oversized
  • Total Parking Spaces: 36

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 18

Fee Information

  • Annual Water Sewer Expense: 6310

Schools

  • Elementary School: Pratt?

Lot Info

  • Parcel Number: 35242.0901 +
  • Lot Size Sq Ft: 19050

Multi Family

  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 4719

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
Aug 27, 2020
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
$800,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Listed on
May 15, 2017
Closed on
Aug 8, 2017
Sold by
Bought by
Seller's Agent
Bruce Bafus
Key Properties
Buyer's Agent
Mark Anderson
LPT Realty LLC
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
0.0396%
Mortgage Type
Commercial

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 26, 2017
Sold by
Bought by
Seller's Agent
Bruce Bafus
Key Properties
Buyer's Agent
Mark Anderson
LPT Realty LLC
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
0.0396%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 3, 2013
Closed on
Jan 28, 2014
Sold by
Bought by
Seller's Agent
Jerry Kreshel
Bertis & Wieber, LLC.
Buyer's Agent
Bruce Bafus
Key Properties
List Price
$365,000
Sold Price
$440,000
Premium/Discount to List
$75,000
20.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.48%
Original Mortgage
$175,000
Interest Rate
0.0446%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2006
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
$300,000
Interest Rate
0.0632%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 5, 2000
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
$1,493,100 Spokane County Title Company
-- Inland Professional Title Ll
-- Inland Professional Title Ll
$1,150,000 Inland Professional Title Ll
$440,000 First American Title Ins Co
$400,000 None Available
-- --
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 $800,000
Previous Owner $805,000
Previous Owner $170,000
Previous Owner $175,000
Previous Owner $300,000
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 Prior Sale
08/11/2017 08/11/17 Sold $1,150,000 -3.8% --
06/13/2017 06/13/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $1,195,000 +171.6% --
02/06/2014 02/06/14 Sold $440,000 +20.5% -- View Prior Sale
01/20/2014 01/20/14 Pending -- -- --
07/03/2013 07/03/13 For Sale $365,000 -- --
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 $13,263 $1,217,700 $133,350 $1,084,350
2025 $13,594 $1,240,400 $133,350 $1,107,050
2024 $13,594 $1,262,900 $114,300 $1,148,600
2023 $13,042 $1,318,500 $114,300 $1,204,200
2022 $11,922 $1,248,900 $114,300 $1,134,600
2021 $10,121 $793,700 $57,150 $736,550
2020 $10,484 $792,300 $57,150 $735,150
2019 $5,018 $388,750 $57,150 $331,600
2018 $4,887 $323,350 $57,150 $266,200
2017 $4,652 $312,350 $57,150 $255,200
2016 $5,215 $304,950 $57,150 $247,800
2015 $4,696 $302,750 $57,150 $245,600
2014 -- $339,750 $57,150 $282,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201716656

Spokane Association of REALTORS®
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