NOT LISTED FOR SALE

Estimated Value: $333,000 - $488,000

4 Beds
2 Baths
1,872 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $385,000 $206 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,378/month

5 Days on Market

Highlights

  • Detached Garage
  • Baseboard Heating
  • Laundry Facilities
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Welcome to your fantastic investment opportunity in the heart of Spokane Valley! This beautiful Valley duplex presents 2 bedrooms & 1 bathroom with washer/dryer, and a spacious 936 sqft of comfortable living space for each unit! Main floor unit was recently fully remodeled with new carpet & flooring, all new paint, brand new deck & a large carport! Whether you're an investor seeking rental income or a homeowner looking for a smart investment, this duplex caters to both. Imagine the convenience of residing in one unit while effortlessly renting out the other unit for additional income! Situated in the highly sought-after Spokane Valley, this duplex enjoys a prime location, providing easy access to the freeway, shopping centers, and close to Dishman Hills Park! Don't miss out on this perfect blend of comfort, convenience, and investment potential. Seize the opportunity to make this duplex your next wise move!

Last Agent to Sell the Property

Cole Vinson

Extant Realty License #21030140 Listed on: 01/15/2024

Last Buyer's Agent

Aaron Farr

REAL Broker LLC License #22007554

REAL Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1914

Lot Details

  • 15,900 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • Detached Garage
  • 1 Carport Space
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 45201.1342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,489

Year Built

Built in 1914

Lot Details

0.37 Acres

Listing Details

  • Sub Type: Rental Income
  • Access: Gravel, Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1914
  • Style Of Construction: Duplex Up-Down
  • Lvt Date: 01/15/2024
  • Common Interest Community: No
  • Geo Address Line: 10403 E 8th Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/15/2024 12:16:20 PM
  • Geo Zoom Level: 15
  • Year Renovated: 2023
  • Allow Public Comments: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 1872
  • Price Per Sq Ft: 205.66
  • Number of Stories: 2
  • Basement: Full, Finished, Lndry, Outside Entr
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Carport Size: 1
  • Garage Parking: Detached, Carport, Slab, Off St Prkg
  • Garage Size: 0
  • Number Carports: 1

Utilities

  • Heating/Cooling: Forced Air, Basebd

Condo/Co-op/Association

  • Common Amenities: Lndry

Schools

  • School District: Central Valley

Lot Info

  • Acres Mol: 0.36
  • Estimated Lot Sq Ft: 15900
  • Parcel Number: 45201.1342
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 2489

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 5, 2024
Sold by
Metzger Adam and Metzger Denise
Bought by
Maiani Marino J and Maiani Emily E
Seller's Agent
Cole Vinson
Extant Realty
Buyer's Agent
Aaron Farr
REAL Broker LLC
List Price
$385,000
Sold Price
$385,000
Views
14
Current Estimated Value
$392,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,098
Avg. Annual Appreciation
0.86%

Purchase Details

Closed on
Oct 29, 2012
Sold by
Metzger Adam W and Metzger Denise M
Bought by
Metzger Adam W and Metzger Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2011
Closed on
Jan 11, 2012
Sold by
Metzger Denise
Bought by
Metzger Adam
Seller's Agent
Chuck Mehalechko
Kelly Right Real Estate of Spokane
Buyer's Agent
Kim Vinson
Extant Realty
List Price
$84,900
Sold Price
$68,000
Premium/Discount to List
-$16,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$60,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 7, 2011
Closed on
Jan 10, 2012
Sold by
Us Bank National Association
Bought by
Metzger Adam W
Seller's Agent
Chuck Mehalechko
Kelly Right Real Estate of Spokane
Buyer's Agent
Kim Vinson
Extant Realty
List Price
$84,900
Sold Price
$68,000
Premium/Discount to List
-$16,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2011
Sold by
Huston Russell W
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 30, 2006
Sold by
Huston Selvi
Bought by
Huston Russell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,335
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Maiani Marino J $385,000 Wfg National Title
Metzger Adam W -- Inland Professional Title Ll
Metzger Adam -- First American Title Ins Co
Metzger Adam W $68,280 First American Title Ins Co
Us Bank National Association $80,750 Spokane County Title Co
Huston Russell W -- None Available
Huston Russell W $139,050 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metzger Adam W $105,000
Previous Owner Metzger Adam W $60,000
Previous Owner Huston Russell W $97,335
Previous Owner Huston Russell W $41,715
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold $385,000 0.0% $206 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $385,000 +466.2% $206 / Sq Ft
01/20/2012 01/20/12 Sold $68,000 -19.9% $36 / Sq Ft View Prior Sale
12/19/2011 12/19/11 Pending -- -- --
12/07/2011 12/07/11 For Sale $84,900 -- $45 / 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 $3,795 $349,500 $99,000 $250,500
2024 $3,795 $273,100 $81,000 $192,100
2023 $2,489 $259,950 $71,250 $188,700
2022 $2,221 $249,500 $76,000 $173,500
2021 $2,143 $167,500 $57,000 $110,500
2020 $1,860 $146,900 $47,500 $99,400
2019 $1,674 $137,700 $47,500 $90,200
2018 $1,768 $121,100 $47,500 $73,600
2017 $1,662 $115,600 $47,500 $68,100
2016 $1,620 $109,100 $47,500 $61,600
2015 $1,790 $119,100 $47,500 $71,600
2014 -- $119,100 $47,500 $71,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202410762

Spokane Association of REALTORS®

APN: 45201.1342

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