NOT LISTED FOR SALE

115 E 16th Ave Unit 117 Spokane, WA 99203

Cliff-Cannon Neighborhood

Estimated Value: $456,000 - $558,000

4 Beds
2 Baths
1,920 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $505,000 $263 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,281/month

1 Day on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Sacajawea Middle School Rated A-
  • Dining Room
  • Wood Siding

About This Home

As of April 2022

Attention Investors!!! This well maintained duplex is located on Spokane's South Hill across the street from Manito Park with tons of options for retail, restaurants, breweries, coffee houses, long walks, and an easy commute to downtown. Each side is 2 bed, 1 bath with 1 car garage per unit and cute backyard patios. The duplex has mature landscaping and a sprinkler system, gas forced air heat, central AC, in-unit washers and dryers, and the building is in excellent condition. Always a strong rental performer, this property has had few vacancies and leases quickly! Tons of potential for eventual owner occupied, AirBnB, or convenient multigenerational living that allows for privacy! Tenants are currently in residence so please do not disturb, call your agent for more information and a showing!

Last Listed By

Bryn Kimberly

Kelly Right Real Estate of Spokane License #130751 Listed on: 03/29/2022

Kelly Right Real Estate of Spokane

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,845

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Dining Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Schools

  • Roosevelt Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35292.2611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,845

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1955
  • Style Of Construction: 1 Story
  • Lvt Date: 03/29/2022
  • Common Interest Community: No
  • Geo Address Line: 115 E 16th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/30/2022 5:02:08 AM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1920
  • Price Per Sq Ft: 263.02
  • Number of Stories: 1
  • Special Features: Mn Flr Util
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Fireplace: Masonry
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 2

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Shared Drv
  • Garage Size: 2
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: City of Sp

Schools

  • School District: Spokane Dist 81
  • Elementary School: Roosevelt
  • Middle School: Sacajawea
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Roosevelt

Lot Info

  • Acres Mol: 0.15
  • Estimated Lot Sq Ft: 6534
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 1
  • Lot Information: Fncd Bk Yd, Spr Sys, Bus Rt
  • Parcel Number: 35292.2611
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 16
  • Multiple Parcels: No

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 29, 2022
Closed on
Apr 12, 2022
Sold by
Ann Cole Debra
Bought by
Ktb Partners Lw
Seller's Agent
Bryn Kimberly
Kelly Right Real Estate of Spokane
Buyer's Agent
Khalil Beznaiguia
Windermere Manito, LLC
List Price
$494,500
Sold Price
$505,000
Premium/Discount to List
$10,500
2.12%
Total Days on Market
1
Current Estimated Value
$514,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,034
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Sep 1, 2016
Sold by
Gale Byron Dwayne
Bought by
Cole Debra Ann

Purchase Details

Closed on
Dec 30, 1996
Sold by
Oatney Richard F and Oatney Bernadine H
Bought by
Gale Byron D and Gale Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.53%

Purchase Details

Closed on
Aug 5, 1996
Sold by
Oatney Richard F and Oatney Bernadine H
Bought by
Oatney Richard F and Oatney Bernadine H

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

Similar Homes in Spokane, WA

  • 517 S Maple St, Spokane, WA 99204

    $450,000

    • 5 Beds
    • 3 Baths
    • 2,570 Sq Ft
    • 517 S Maple St
    • Spokane, WA

    Incredible investment opportunity just minutes from downtown Spokane! Zoned commercial with flexible use options. Previously operated as a 5-unit Airbnb averaging nearly $5K/month over the past 2 years. Currently has 3 month-to-month renters grossing $4,500. The main floor includes: a 1 bed/1 bath with full kitchen and living space; a 1 bed with living area, kitchen, and shared bath; and a back

    Cambria Henry Haven Real Estate Group

    Section Image
  • 744 S Hatch St, Spokane, WA 99202

    $485,000

    • 5 Beds
    • 3 Baths
    • 2,112 Sq Ft
    • 744 S Hatch St
    • Spokane, WA

    Back on market, no fault to seller! Triplex Near Perry District w/ Owner-Occupant Potential! Currently operating with a 7.10% cap rate! Tastefully updated & ideally located, this fully rented triplex offers a rare opportunity to own a great investment with the flexibility to move in. All three units feature LVP flooring, modern white cabinetry, refreshed paint, their own washer/dryer, & updated

    Lauren Rasmussen Amplify Real Estate Services

    Section Image
  • 807 W 12th Ave, Spokane, WA 99204

    $530,000

    • 5 Beds
    • 2 Baths
    • 807 W 12th Ave
    • Spokane, WA

    Potential owner occupied, rental income, in-law set up, or use it as one big home...so many possibilities. Three blocks to Huckleberry's, a block from the bus line, a minute to downtown, and a few blocks from Cliff Park. The location couldn't be better! Remodeled in 2018, this home is dialed in and ready for you to call it home. Box beams and beautiful hard wood floors on the main level. The

    Chris Zeller Windermere North

    Section Image
  • 716 S Lincoln Place, Spokane, WA 99204

    $520,000

    • 5 Beds
    • 3 Baths
    • 3,469 Sq Ft
    • 716 S Lincoln Place
    • Spokane, WA

    Nestled in the desirable South Hill neighborhood, this triplex offers an exceptional investment opportunity! Its prime location is just behind the area's major hospitals, stores, and restaurants. This well-maintained property features separate entrances, perfect for multi-generational living or rental income opportunities. Each unit has been renovated with newer electric wiring throughout. 2

    Miki Peck Windermere Manito, LLC

    Section Image
  • 1725 E 13th Ave, Spokane, WA 99202

    $530,000

    • 6 Beds
    • 2 Baths
    • 2,574 Sq Ft
    • 1725 E 13th Ave
    • Spokane, WA

    Opportunity to purchase a well-maintained, prime value-add opportunity in Spokane's South Perry District. With each duplex unit featuring large unit layouts with in-unit laundry and carport parking, this is a great investment opportunity for both owner-user and investment buyers. Additionally, buyers have the opportunity to make this a portfolio purchase with the seller's duplexes located at 9724

    Max Frame Kidder Mathews

    Section Image
  • 1222 S Pittsburg St Unit 1220, Spokane, WA 99202

    $395,000

    • 4 Beds
    • 2 Baths
    • 1,728 Sq Ft
    • 1222 S Pittsburg St
    • Unit 1220
    • Spokane, WA

    Located on a quiet street, this duplex is blocks from the beautiful Perry District, a community sought out for its charm and character, great options for dining and shopping - appealing to any resident! Each unit offers 2 bedrooms, full bath, kitchen, dining space, laundry. Duplex is split up/down, the lower level is daylight/walkout to a patio, fenced/tidy lawn and garden area. Exterior painted

    Molly O Cline Heart and Homes NW Realty

    Section Image
  • 820 S Walnut St, Spokane, WA 99204

    $445,000

    • 5 Beds
    • 3 Baths
    • 820 S Walnut St
    • Spokane, WA

    Please do not disturb tenants. Charming South Hill Duplex – Fully Rented in Cliffs-Cannon Neighborhood. Well-maintained and fully occupied/Leased duplex located in Spokane’s sought-after South Hill. This low-maintenance investment features an upper 1 bed/1 bath unit and a spacious lower unit offering 3 bedrooms, 1 office /shop and 1 bath, and brand-new carpet. Both units boast a solid rental

    Thomas Rogers Silvercreek Realty Group

    Section Image
  • 1607 W 11th Ave, Spokane, WA 99204

    $530,000

    • 5 Beds
    • 3 Baths
    • 3,554 Sq Ft
    • 1607 W 11th Ave
    • Spokane, WA

    Charming 1923 Brick Craftsman in Cannon’s Addition! This beautifully preserved 1.5-story home blends timeless craftsmanship w/ modern conveniences. Basement features a fully equipped apartment w/ a private entrance—currently a successful, active Airbnb with a strong rental history & impressive returns! Original woodwork & built-ins add character, while sun-filled rooms create an inviting

    Brynn Rea Redfin

    Section Image
  • 2514 E Hartson Ave, Spokane, WA 99202

    $520,000

    • 6 Beds
    • 2 Baths
    • 2,160 Sq Ft
    • 2514 E Hartson Ave
    • Spokane, WA

    Duplex with a great rental history. $3700/mo rental income! 3 Bedroom - 1 Bath each side with 1 car garage w/ openers and alley access for each unit. Nice size rooms, living and kitchen are very open with lots of room. New water heater in each unit, newer interior paint and floorings in each unit too! Live in one unit and rent out the other side to make your mortgage payment lower. Central

    Seth Maefsky Keller Williams Realty Coeur d

    Section Image
See All Homes in Spokane

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
Ktb Partners Lw $505,000 None Listed On Document
Cole Debra Ann -- None Available
Gale Byron D $143,000 Spokane County Title Co
Oatney Richard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gale Byron D $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $505,000 +2.1% $263 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $494,500 -- $258 / 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 $4,845 $488,500 $100,000 $388,500
2023 $4,307 $497,500 $100,000 $397,500
2022 $3,849 $440,500 $96,000 $344,500
2021 $3,217 $270,400 $80,000 $190,400
2020 $3,133 $253,700 $80,000 $173,700
2019 $2,823 $236,100 $72,000 $164,100
2018 $2,819 $202,600 $60,000 $142,600
2017 $2,511 $183,700 $50,000 $133,700
2016 $2,520 $180,400 $40,000 $140,400
2015 $2,174 $152,200 $25,000 $127,200
2014 -- $155,200 $28,000 $127,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryn Kimberly

    Seller's Agent in 2022

    Bryn Kimberly

    Kelly Right Real Estate of Spokane

    (509) 993-0617

    Section Image
  • Khalil Beznaiguia

    Buyer's Agent in 2022

    Khalil Beznaiguia

    Windermere Manito, LLC

    (509) 475-2802

    10 in this area

    125 Total Sales

    Khalil Beznaiguia
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202213024

Spokane Association of REALTORS®

APN: 35292.2611

Washington Spokane County Spokane 99203 Cliff-Cannon

115 E 16th Ave Unit 117, Spokane, WA

Homes for Sale in Spokane, WA

This home is located at 115 E 16th Ave Unit 117, Spokane, WA 99203 since 29 March 2022 and is currently estimated at $514,034, approximately $267 per square foot. This property was built in 1955. 115 E 16th Ave Unit 117 is a home located in Spokane County with nearby schools including Roosevelt Elementary School, Sacajawea Middle School, and Lewis & Clark 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