NOT LISTED FOR SALE
5 Beds
4 Baths
47,734 Sq Ft
2 Acres

Last Sold June 22, 2023

Last sale price $6,500,000 $136 Per Sq Ft

34 Days on Market

Highlights

  • 2 Acre Lot
  • Building Patio
  • Breakfast Bar
  • Contemporary Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Dining Room

About This Home

As of June 2023

43 unit apartment building in Lincoln Heights on the south hill. 32- 2 bedroom 1 bath units, 10- 3 bedroom 1.5 bath units and 1 studio apartment. All units have carports, fridge, stove, dishwasher, garbage disposal, and AC. Updates include newer vinyl windows, exterior paint, siding, and stair railings. Close to shopping and schools. All hand railings in the front will be completed to match the stair railings as well steel stairs will be replaced prior to closing. Owner is a licensed real estate agent in the state of Washington.

Last Agent to Sell the Property

Dayna Chisum

Professional Realty Services License #74124 Listed on: 02/10/2023

Professional Realty Services

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48,583

Year Built

  • Built in 1972

Lot Details

  • 2 Acre Lot
  • Fenced

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • T111 Siding

Interior Spaces

  • 47,734 Sq Ft Home
  • 3-Story Property
  • Dining Room
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 4 Carport Spaces
  • Assigned Parking

Outdoor Features

  • Storage Shed

Schools

  • Adams Elementary School
  • Chase Middle School
  • Ferris High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35331.1001

Community Details

Overview

  • 43 Units

Amenities

  • Building Patio
  • Community Deck or Porch
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48,583

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1972
  • Style Of Construction: 3 Story
  • Lvt Date: 02/10/2023
  • Common Interest Community: No
  • Geo Address Line: 3414 S Regal St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/10/2023 10:05:08 PM
  • Geo Zoom Level: 15
  • Sr High: Ferris
  • Jr High: Chase
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Approx Sq Ft: 47734
  • Price Per Sq Ft: 136.17
  • Number of Stories: 3
  • Basement: Partial, Unfinished
  • Basement: Yes
  • Special Features: Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Washer, Dryer
  • Number of Ranges: 43
  • Number of Refrigerators: 43

Exterior Features

  • Exterior: Brk Accent, T-111
  • Out Buildings: Stge Shd
  • Roof: Flat

Garage/Parking

  • Carport Size: 4+
  • Garage Parking: Carport, Asigned Sp
  • Garage Size: 0
  • Number Carports: 43
  • Number Parking Spaces: 43

Utilities

  • Heating/Cooling: Elec, Basebd, Wall A/C
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio
  • Common Amenities: Lndry, Rec Ctr, Storage

Schools

  • School District: Spokane Dist 81
  • Elementary School: Adams

Lot Info

  • Acres Mol: 2
  • Estimated Lot Sq Ft: 87120
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 29
  • Lot Information: Bus Rt, Fenced
  • Parcel Number: 35331.1001
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 34

Tax Info

  • Tax Database Id: 1
  • Taxes: 48583
  • Assessor Parcel Number: 35331.1001

Multi Family

  • Number Air Cond: 43
  • Number Of Units: 43
  • Number Units A: 32
  • Number Units B: 10
  • Number Units C: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Sold $6,500,000 -13.3% $136 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $7,500,000 0.0% $157 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $7,500,000 -- $157 / Sq Ft
Source: Spokane Association of REALTORS®

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 $64,864 $6,380,300 $696,920 $5,683,380
2024 $64,864 $6,555,400 $696,920 $5,858,480
2023 $48,583 $6,656,400 $696,920 $5,959,480
2022 $38,267 $4,981,400 $609,810 $4,371,590
2021 $40,919 $3,450,900 $609,810 $2,841,090
2020 $35,409 $2,877,010 $609,810 $2,267,200
2019 $32,631 $2,735,310 $609,810 $2,125,500
2018 $31,988 $2,303,980 $435,580 $1,868,400
2017 $30,524 $2,239,080 $435,580 $1,803,500
2016 $30,466 $2,186,580 $435,580 $1,751,000
2015 $28,369 $1,992,080 $435,280 $1,556,800
2014 -- $1,985,580 $435,280 $1,550,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Spokane Association of REALTORS®

MLS Number: 202311354

Spokane Association of REALTORS®