NOT LISTED FOR SALE

Estimated Value: $515,897

5 Beds
3 Baths
2,400 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $400,000 $167 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,981/month

Highlights

  • City View
  • Property is near public transit
  • Wood Frame Window
  • Hutton Elementary School Rated A-
  • Fenced Yard
  • Bay Window

About This Home

As of December 2020

Great income potential on this turn key triplex located near the intersection of 29th and Grand. This historic building has been beautifully updated while preserving its historic value. 2 units are filled with great long term tenants. One unit is currently vacant, remodeled and move in ready. Unit #1 - 2 bed 1 bath Unit #2 - Large 1 bed 1 bath Unit #3 - Large 1 bed 1 bath vacant (move in ready) Current rents for 2 occupied units is $2,050 through 2021. New xeroscape (low maintenance) landscaping installed. Well preserved brick building reduces maintenance costs over the life of your investment. Brand new water heaters, furnaces, paint and flooring in each unit. Building has 3 carport parking spots with 3 storage lockers and 2 driveways for extra tenant parking. Don’t miss your chance to own this piece of Spokane history and the turn key income potential! No interior inspections prior to PSA. Call or text for more information. Seller is a licensed real estate agent

Last Agent to Sell the Property

Jimmy Deringer

Keller Williams Spokane-Branch License #20107858 Listed on: 11/23/2020

Keller Williams Spokane-Branch

Last Buyer's Agent

Jordan Bensen-Piscopo

eXp Realty, LLC License #121117

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Open Lot
  • Landscaped with Trees

Parking

  • 3 Carport Spaces

Property Views

  • City
  • Territorial

Home Design

  • Brick or Stone Veneer
  • Stone

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Bay Window
  • Wood Frame Window

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating System
  • Furnace

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 35294.1815

Community Details

Overview

  • 3 Units

Amenities

  • Community Deck or Porch
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Year Built: 1909
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Treed, Level, Open Lot, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City, Territorial
  • Reso Association Amenities: Deck, Patio, Storage
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Interior Features: Window Bay Bow, Windows Wood, Windows Vinyl
  • Reso Structure Type: Three Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full, Finished, Daylight, Rec/Family Area, Walk-Out Access
  • Appliances: Washer, Dryer
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick, Brick Partial, Stone, Stone Veneer

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Schools

  • Elementary School: Hutton
  • High School: Lewis & Clark
  • Middle Or Junior School: Sacajawea

Lot Info

  • Parcel Number: 35294.1815
  • Lot Size Sq Ft: 6970

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Database ID: 1

Range of Values:

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Value Increase
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Percent Increase
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List Price
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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
12/23/2020 12/23/20 Sold $400,000 -6.8% $167 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $429,000 -- $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
2023 $3,341 $355,080 $41,780 $313,300
2022 $3,072 $341,420 $34,820 $306,600
2021 $2,904 $244,020 $31,120 $212,900
2020 $0 $244,020 $31,120 $212,900
Source: Public Records

Agents Affiliated with this Home

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Source: Spokane Association of REALTORS®

MLS Number: 202025142

Spokane Association of REALTORS®

APN: 35294.1815