NOT LISTED FOR SALE

1028 N University Rd Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated Value: $447,000 - $498,000

3 Beds
3 Baths
3,349 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $362,500 $108 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,945/month

19 Days on Market

Highlights

  • RV Access or Parking
  • 0.88 Acre Lot
  • Double Oven
  • City View
  • 4 Fireplaces
  • Oversized Lot

About This Home

As of February 2021

A rare opportunity in the Spokane Valley to acquire a beautiful home in a beautiful setting - loaded with potential and opportunity to build equity! The home is incredibly well built & full of extras like: 4 fireplaces, hardwood floors, 3 family rooms & an oversized .88 acre lot that makes for a huge private yard or future development. Current zoning would allow for up to 7 total house lots on this property. The attached garage is oversized and could fit 4 cars and the shop is 40' x 60' with power. Opportunities like this are hard to find. This property has payback potential that is quite rare.

Last Agent to Sell the Property

Joel Elgee

Avalon 24 Real Estate License #27675 Listed on: 11/24/2020

Last Buyer's Agent

Hollie Smith

Windermere Manito, LLC License #50592

Windermere Manito, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1948

Lot Details

  • 0.88 Acre Lot
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Property is zoned R-3

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 3,349 Sq Ft Home
  • 1-Story Property
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room

Kitchen

  • Double Oven
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • RV Access or Parking

Outdoor Features

  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Building Patio
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45162.1071

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,972

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1948
  • Zone: R-3
  • Lvt Date: 11/24/2020
  • Common Interest Community: No
  • Geo Address Line: 1028 N University Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/25/2020 10:27:32 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3349
  • Price Per Sq Ft: 108.24
  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 2133
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 3
  • Basement: Partial, Part Fin, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 1216
  • Basement: Yes
  • Basement Bathrooms: 0.75
  • Basement Family Room: 1
  • Basement Fireplace: 1
  • Special Features: Wood Flr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Fireplace: Gas, Wood
  • Kitchen Appliances: Fr Stnd Rng, Dbl Ovens, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 4

Exterior Features

  • Exterior: Metal, Vinyl
  • Out Buildings: Shop
  • Roof: Comp

Garage/Parking

  • Carport Size: 0
  • Garage Parking: Attached, RV Parking, Shop Area
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Gas Hot Wtr, Cable Internet

Schools

  • School District: Central Valley
  • Elementary School: Opportunity
  • Middle School: Horizon
  • High School: Central Valley

Lot Info

  • Acres Mol: 0.88
  • Estimated Lot Sq Ft: 38333
  • Loc Dir E W: E
  • Loc Numberblk E W: 106
  • Loc Numberblks N S: 10
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Open, Bus Rt, Oversized
  • Lot View: City, Territorial
  • Parcel Number: 45162.1071
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 2971.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Rennaker Dennis Michael
Bought by
Rennaker Dennis Michael and Rennaker Bethany A
Total Days on Market
19
Current Estimated Value
$480,933

Purchase Details

Listed on
Nov 24, 2020
Closed on
Feb 14, 2021
Sold by
Simnioniw Dale S and Simnioniw Nancy B
Bought by
Rennaker Dennis Michael
Seller's Agent
Joel Elgee
Avalon 24 Real Estate
Buyer's Agent
Hollie Smith
Windermere Manito, LLC
List Price
$385,000
Sold Price
$362,500
Premium/Discount to List
-$22,500
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$351,625
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Morgan Nellie J
Bought by
Simnioniw Dale S and Simnioniw Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,465
Interest Rate
7.33%
Mortgage Type
FHA
Source: Public Records

Similar Homes in the area

  • 1308 S Robie Ct, Spokane Valley, WA 99206

    $460,000

    • 3 Beds
    • 2 Baths
    • 1,722 Sq Ft
    • 1308 S Robie Ct
    • Spokane Valley, WA

    Conveniently located in a culdesac in the Spokane Valley, this 3-bedroom 2 bath home offers a kitchen with eating bar, pantry, large great room, primary bedroom, main floor laundry, 2 additional bedrooms and a main bathroom. 2 car garage, fenced backyard with sprinklers and a water feature. Home comes with remote control sunshades to keep you cool in the afternoon sun.

    Kelly Stratton Realty One Group Eclipse

    Section Image
  • 3513 S Whipple Rd, Spokane Valley, WA 99206

    $565,000

    • 4 Beds
    • 3 Baths
    • 3513 S Whipple Rd
    • Spokane Valley, WA

    Spokane Valley Gem – Spacious Contemporary Home in Midilome Welcome to this 4-level contemporary home w/ 4 beds and 3 baths in one of Spokane Valley's most desirable neighborhoods! Located just blocks from top-rated schools, this home offers the perfect balance of convenience, comfort, and scenic beauty. Enjoy breathtaking views of the surrounding mountainside from your expansive, oversized deck

    Dana Pendergrass Designed Real Estate

    Section Image
  • 1219 S Radio Ln, Spokane, WA 99212

    $485,000

    • 4 Beds
    • 3 Baths
    • 2,081 Sq Ft
    • 1219 S Radio Ln
    • Spokane, WA

    Come check out this modern, move-in ready home! Built in 2023, this home is practically brand new and comes with a lot of high end finishes. On the main level is custom kitchen with stainless steel appliances, kitchen island and walk-in pantry. Upstairs you have 4 large bedrooms including a primary suite that has a tiled walk-in shower, double sinks and a walk-in closet. Outside comes fully

    Andrew Graham Avalon 24 Real Estate

    Section Image
  • 6209 E 13th Ln, Spokane Valley, WA 99212

    $465,000

    • 3 Beds
    • 3 Baths
    • 2,000 Sq Ft
    • 6209 E 13th Ln
    • Spokane Valley, WA

    Turnkey ready!! This house is 2002 square feet with 3 bedrooms and 2.5 bathrooms. Complete with a family room on each level plus an oversized laundry room with space for an office. Kitchen opens to a covered side patio, perfect for BBQ’s & relaxing! All finishes both interior & exterior have been professionally selected by a local interior designer. Driveways are large and will accommodate an RV

    Andrew Graham Avalon 24 Real Estate

    Section Image
  • 510 N Bell St, Spokane Valley, WA 99016

    $514,000

    • 4 Beds
    • 2 Baths
    • 2,868 Sq Ft
    • 510 N Bell St
    • Spokane Valley, WA

    Spacious 4-Bedroom Home with Dream Kitchen & Bonus Spaces! This stunning 4-bed, 2-bath home in Spokane Valley has it all! The gourmet kitchen features high-end appliances, ample counter space, and custom cabinetry—perfect for entertaining. The open floor plan is filled with natural light, creating a warm and inviting atmosphere. Enjoy a bonus room for work or workout room. The fully landscaped

    John Kennedy Windermere Valley

    Section Image
  • 1808 N Arties Rd, Spokane Valley, WA 99016

    $489,000

    • 3 Beds
    • 2 Baths
    • 1,684 Sq Ft
    • 1808 N Arties Rd
    • Spokane Valley, WA

    Brand new and move in ready home! This completed home in Greenacres has a ton of upgrades you have been looking for. Coming in just under 1700 square feet, this main floor living home has a beautiful open kitchen with quartz countertops, walk-in pantry, stainless steel appliances and massive kitchen island. 2 guest bedrooms and a primary bedroom with an incredible ensuite including walk-in

    Andrew Graham Avalon 24 Real Estate

    Section Image
  • 1815 N Arties Rd, Spokane Valley, WA 99016

    $465,000

    • 3 Beds
    • 2 Baths
    • 1,499 Sq Ft
    • 1815 N Arties Rd
    • Spokane Valley, WA

    Beautiful new construction in Spokane Valley! This 3 bedroom, 2 bathroom home has a ton of modern upgrades that make this home an incredible find. Step inside this open floor plan to vaulted ceilings in the living room, large dining room and a kitchen with quartz countertops, upgraded appliances and much more. The primary ensuite is spacious and leads into a bathroom you don't want to miss. With

    Andrew Graham Avalon 24 Real Estate

    Section Image
  • 1817 N Arties Rd, Spokane Valley, WA 99016

    $465,000

    • 3 Beds
    • 2 Baths
    • 1,499 Sq Ft
    • 1817 N Arties Rd
    • Spokane Valley, WA

    Beautiful new construction in Spokane Valley! This 3 bedroom, 2 bathroom home has a ton of modern upgrades that make this home an incredible find. Step inside this open floor plan to vaulted ceilings in the living room, large dining room and a kitchen with quartz countertops, upgraded appliances and much more. The primary ensuite is spacious and leads into a bathroom you don't want to miss.With

    Andrew Graham Avalon 24 Real Estate

    Section Image
  • 1761 N Willamette Rd, Liberty Lake, WA 99016

    $499,900

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 1761 N Willamette Rd
    • Liberty Lake, WA

    Single level living in the River District! Come check out this 3 bedroom, 2 bathroom home coming in at 1440 square feet. With LVP flooring nearly throughout the home, vaulted ceilings in the main living area and an open kitchen with granite countertops, stainless steel appliances, large kitchen island and a pantry. The primary suite has an attached bathroom, dual sinks and walk-in closet. Outside

    Andrew Graham Avalon 24 Real Estate

    Section Image
See All Homes in Spokane Valley

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rennaker Dennis Michael -- None Listed On Document
Rennaker Dennis Michael $362,500 First American Title
Simnioniw Dale S $124,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rennaker Dennis Michael $34,478
Previous Owner Rennaker Dennis Michael $351,625
Previous Owner Simnioniw Nancy B $168,820
Previous Owner Syverson Dan J $7,713
Previous Owner Simnioniw Dale S $75,900
Previous Owner Simnioniw Dale S $122,465
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $362,500 -5.8% $108 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $385,000 -- $115 / 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 $4,710 $442,950 $80,750 $362,200
2023 $3,971 $435,500 $76,000 $359,500
2022 $3,845 $415,830 $69,830 $346,000
2021 $3,313 $265,580 $49,880 $215,700
2020 $2,972 $241,780 $49,880 $191,900
2019 $2,610 $221,600 $39,900 $181,700
2018 $2,877 $203,100 $39,900 $163,200
2017 $2,546 $182,800 $39,900 $142,900
2016 $2,468 $171,710 $37,910 $133,800
2015 $2,510 $171,710 $37,910 $133,800
2014 -- $162,100 $38,900 $123,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Elgee

    Seller's Agent in 2021

    Joel Elgee

    Avalon 24 Real Estate

    (509) 868-5264

    14 in this area

    311 Total Sales

    Joel Elgee
    Section Image
  • Hollie Smith

    Buyer's Agent in 2021

    Hollie Smith

    Windermere Manito, LLC

    (509) 990-8198

    5 in this area

    60 Total Sales

    Hollie Smith
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202025166

Spokane Association of REALTORS®

APN: 45162.1071

Washington Spokane County Spokane Valley 99206 Opportunity

1028 N University Rd, Spokane Valley, WA

This home is located at 1028 N University Rd, Spokane Valley, WA 99206 since 24 November 2020 and is currently estimated at $480,933, approximately $143 per square foot. This property was built in 1948. 1028 N University Rd is a home located in Spokane County with nearby schools including Broadway Elementary School, North Pines Middle School, and University High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes