NOT LISTED FOR SALE

11902 E Main Ave Spokane Valley, WA 99206

Opportunity Neighborhood
-- Bed
-- Bath
5,262 Sq Ft
0.87 Acres

Last Sold February 09, 2016

Last sale price $190,000 $36 Per Sq Ft

45 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Baseboard Heating
  • 1 Car Attached Garage

About This Home

As of February 2016

A great investment opportunity w/ 7 rental units total. Good solid rental history. One 3bd/1 ba home, a duplex, and a 4 plex on 2 separate parcels. The duplex and 4 plex are all 1bd/1bath units. Total gross rents = $3300.00/month. Attractive CAP rate of 9.0% when buying all units. The home and duplex are also being offered for sale separately. See listing #201510722 for info.

Last Agent to Sell the Property

Brandi Graham-Snow

Windermere North License #101592 Listed on: 12/07/2015

Last Buyer's Agent

Vadim Smelik

Kelly Right Real Estate of Spokane License #120817

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,514

Year Built

  • Built in 1954

Lot Details

  • 37,800 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • 5 Carport Spaces

Home Design

  • Ranch Style House
  • Siding

Interior Spaces

  • 5,262 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Utilities

  • Forced Air Heating System
  • Furnace
  • Baseboard Heating

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 45164.0589

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,514

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1954
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.21
  • Road Frontage Type: Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-467-6640
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Forced Air, Baseboard
  • NumberOfRanges: 7

Lot Info

  • Parcel Number: 45164.0589
  • Lot Size Sq Ft: 37800

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 3514
  • Tax Database ID: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2016 02/09/16 Sold $190,000 -5.0% $36 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $199,900 -- $38 / 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 $5,042 $446,100 $90,000 $356,100
2024 $5,042 $473,340 $118,140 $355,200
2023 $4,650 $457,640 $118,140 $339,500
2022 $1,981 $482,610 $24,610 $458,000
2021 $619 $44,010 $24,610 $19,400
2020 $607 $43,810 $24,610 $19,200
2019 $565 $42,510 $24,610 $17,900
2018 $659 $42,010 $24,610 $17,400
2017 $698 $45,710 $24,610 $21,100
2016 $1,109 $74,440 $29,540 $44,900
2015 $1,166 $77,140 $29,540 $47,600
2014 -- $77,500 $29,000 $48,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandi Graham-Snow

    Seller's Agent in 2016

    Brandi Graham-Snow

    Windermere North

    (509) 435-7674

    4 in this area

    198 Total Sales

    Brandi Graham-Snow
    Section Image

  • V

    Buyer's Agent in 2016

    Vadim Smelik

    Kelly Right Real Estate of Spokane

    (509) 981-7292

    2 in this area

    67 Total Sales

    Vadim Smelik
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201527806

Spokane Association of REALTORS®
Washington Spokane County Spokane Valley 99206 Opportunity

11902 E Main Ave, Spokane Valley, WA

Not Listed for Sale

MultiFamily

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