NOT LISTED FOR SALE

9601 N Newport Hwy Spokane, WA 99218

Estimated Value: $11,308,314

-- Bed
-- Bath
11,862 Sq Ft
$953/Sq Ft Est. Value

About This Home

This home is located at 9601 N Newport Hwy, Spokane, WA 99218 and is currently estimated at $11,308,314, approximately $953 per square foot. 9601 N Newport Hwy is a home located in Spokane County with nearby schools including Evergreen Elementary School, Northwood Middle School, and Mead Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2014
Sold by
J&H Exchange Llc
Bought by
Malbco Holdings Llc
Current Estimated Value
$11,308,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$3,868,685
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$7,311,326

Purchase Details

Closed on
Sep 18, 2014
Sold by
Ravishi Hospitality Ii Llc
Bought by
J & H Exchange Llc

Purchase Details

Closed on
Jul 25, 2014
Sold by
Ravishi Hospitality Ii Llc
Bought by
J & H Exchange Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,080,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2007
Sold by
Westbow Associates
Bought by
Guenther Hubertus and Guenther Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2007
Sold by
Guenther Hubertus and Guenther Tanya
Bought by
Ravishi Hospitality Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
6.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Malbco Holdings Llc -- First American Title Ins Co
J & H Exchange Llc $2,600,000 None Available
J & H Exchange Llc -- Inland Professional Title Ll
Guenther Hubertus -- Pacific Nw Title
Ravishi Hospitality Ii Llc $4,900,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malbco Holdings Llc $5,000,000
Previous Owner J & H Exchange Llc $2,080,000
Previous Owner Ravishi Hospitality Ii Llc $618,000
Previous Owner Ravishi Hospitality Ii Llc $599,000
Previous Owner Ravishi Hospitality Ii Llc $3,394,200
Previous Owner Westbow Associates $3,112,000
Source: Public Records

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 $69,486 $7,063,540 $623,340 $6,440,200
2024 $69,486 $7,132,140 $623,340 $6,508,800
2023 $42,500 $4,917,310 $588,710 $4,328,600
2022 $37,426 $4,751,810 $588,710 $4,163,100
2021 $47,595 $4,411,010 $588,710 $3,822,300
2020 $50,010 $4,374,150 $519,450 $3,854,700
2019 $47,197 $4,220,350 $519,450 $3,700,900
2018 $54,242 $4,142,550 $519,450 $3,623,100
2017 $53,827 $4,143,050 $519,450 $3,623,600
2016 $55,097 $4,084,450 $519,450 $3,565,000
2015 $51,830 $3,957,350 $519,450 $3,437,900
2014 -- $3,977,450 $519,450 $3,458,000
2013 -- $0 $0 $0
Source: Public Records

Map

Washington Spokane County Spokane 99218

9601 N Newport Hwy, Spokane, WA

This home is located at 9601 N Newport Hwy, Spokane, WA 99218 and is currently estimated at $11,308,314, approximately $953 per square foot. 9601 N Newport Hwy is a home located in Spokane County with nearby schools including Evergreen Elementary School, Northwood Middle School, and Mead Senior High School.

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