NOT LISTED FOR SALE

11325 E 16th Ave Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated Value: $495,000 - $568,000

6 Beds
4 Baths
3,100 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $560,000 $181 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,307/month

2 Days on Market

Highlights

  • Territorial View
  • 1 Car Attached Garage
  • Breakfast Bar
  • Family Room Off Kitchen
  • Cooling Available
  • Dining Room

About This Home

As of April 2022

Incredible investment opportunity! Nicely maintained 3bd, 2bth duplex with two living rooms, informal dining, all appliance, single car garage, deck & sprinkler system! Great location with solid tenant/rental history!

Last Agent to Sell the Property

Angela Newcomb

EXIT Real Estate Professionals License #102150 Listed on: 03/01/2022

EXIT Real Estate Professionals

Last Buyer's Agent

Julia Salerno

eXp Realty, LLC License #20107692

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1977

Lot Details

  • 0.38 Acre Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Free-Standing Range

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 45213.9238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1977
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 03/03/2022
  • Common Interest Community: No
  • Geo Address Line: 11325 E 16th Ave # 27
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/4/2022 2:55:17 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 3100
  • Price Per Sq Ft: 180.65
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: Outside Ent, 1st Flr, 2nd Flr, Off Kit
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 1
  • Number Garages: 2

Utilities

  • Heating/Cooling: Elec

Schools

  • School District: Central Valley
  • School District: Central Valley

Lot Info

  • Acres Mol: 0.38
  • Estimated Lot Sq Ft: 16553
  • Lot Information: Spr Sys
  • Lot View: Territorial
  • Parcel Number: 45213.9238
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 3200
  • Assessor Parcel Number: 45213.9238

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
Mar 1, 2022
Closed on
Mar 29, 2022
Sold by
Budinski Residential Llc
Bought by
Webb Marshall and Webb Kelly
Seller's Agent
Angela Newcomb
EXIT Real Estate Professionals
Buyer's Agent
Julia Salerno
eXp Realty, LLC
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$530,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,674
Avg. Annual Appreciation
-1.53%
Original Mortgage
$448,000
Outstanding Balance
$421,561
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$108,765
Source: Public Records

Range of Values:

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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
Webb Marshall $560,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Marshall $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2022 04/05/22 Sold $560,000 0.0% $181 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $560,000 -- $181 / 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
2025 $5,942 $510,500 $108,000 $402,500
2024 $5,942 $498,100 $85,000 $413,100
2023 $5,530 $493,100 $80,000 $413,100
2022 $3,190 $512,700 $69,000 $443,700
2021 $3,416 $247,400 $60,000 $187,400
2020 $3,090 $223,600 $54,600 $169,000
2019 $2,716 $208,200 $52,000 $156,200
2018 $3,378 $203,200 $36,000 $167,200
2017 $3,289 $194,800 $36,000 $158,800
2016 $3,222 $185,800 $36,000 $149,800
2015 $3,164 $185,800 $36,000 $149,800
2014 -- $176,900 $36,000 $140,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angela Newcomb

    Seller's Agent in 2022

    Angela Newcomb

    EXIT Real Estate Professionals

    (509) 671-2088

    4 in this area

    204 Total Sales

    Angela Newcomb
    Section Image
  • Julia Salerno

    Buyer's Agent in 2022

    Julia Salerno

    eXp Realty, LLC

    (208) 880-1977

    3 in this area

    59 Total Sales

    Julia Salerno
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202211977

Spokane Association of REALTORS®

APN: 45213.9238

Washington Spokane County Spokane Valley 99206 Opportunity

11325 E 16th Ave, Spokane Valley, WA

This home is located at 11325 E 16th Ave, Spokane Valley, WA 99206 since 01 March 2022 and is currently estimated at $530,326, approximately $171 per square foot. This property was built in 1977. 11325 E 16th Ave is a home located in Spokane County with nearby schools including University Elementary School, Bowdish 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.

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