NOT LISTED FOR SALE

1206 N Adams Rd Unit 1208 Spokane Valley, WA 99216

Estimated Value: $402,000 - $533,000

4 Beds
3 Baths
2,256 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $425,000 $188 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,810/month

7 Days on Market

Highlights

  • Territorial View
  • 1 Car Attached Garage
  • Baseboard Heating
  • Oversized Lot
  • Cooling Available
  • Fenced

About This Home

As of December 2021

Great Valley duplex has newer roof and rear decks and is generally in very good condition. Expenses are LOW,LOW as Vera Water is very inexpensive and tenants pay trash bill and lawn care. Sewer is in, connected and paid.

Last Agent to Sell the Property

Glenn Sather

Coldwell Banker Schneidmiller Realty License #4761 Listed on: 10/29/2021

Last Buyer's Agent

John Baker

CENTURY 21 Beutler & Associates License #110506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Oversized Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 45141.1304

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Other Expense $1,150
  • Water Sewer Expense $360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

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: 1-1/2 Story
  • Lvt Date: 10/29/2021
  • Common Interest Community: No
  • Geo Address Line: 1206 N Adams Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/29/2021 8:24:25 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2256
  • Price Per Sq Ft: 188.39
  • Number of Stories: 2
  • Basement: Full, Finished, Daylight
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Brk Accent, Hardboard
  • Roof: Comp

Garage/Parking

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

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: Avista
  • Water Company: Vera W&P

Schools

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

Lot Info

  • Acres Mol: 0.3
  • Estimated Lot Sq Ft: 13068
  • Loc Dir E W: E
  • Loc Numberblk E W: 146
  • Lot Information: Level, Oversized, Fenced
  • Lot View: Territorial
  • Parcel Number: 45141.1304
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 12

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
Oct 29, 2021
Closed on
Dec 3, 2021
Sold by
Kellam Marlene L
Bought by
Kellam Ronald G
Seller's Agent
Glenn Sather
Coldwell Banker Schneidmiller Realty
Buyer's Agent
John Baker
CENTURY 21 Beutler & Associates
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$459,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,525
Avg. Annual Appreciation
2.07%
Original Mortgage
$318,750
Outstanding Balance
$293,284
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$166,241

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 2, 2021
Sold by
Bradford Jerry and Bradford Kelly
Bought by
Kellam Ronald G
Seller's Agent
Glenn Sather
Coldwell Banker Schneidmiller Realty
Buyer's Agent
John Baker
CENTURY 21 Beutler & Associates
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$293,284
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$166,241

Purchase Details

Closed on
Aug 18, 2017
Sold by
Bradford Jerry
Bought by
Bradford Jerry Wayne and Bradford Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2017
Sold by
Bradford Kelly
Bought by
Bradford Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Hoy Gretchen E
Bought by
Geh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 2006
Sold by
Geh Properties Llc
Bought by
Hoy Gretchen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 30, 2004
Sold by
Hoy Gretchen E
Bought by
Geh Properties Llc

Purchase Details

Closed on
Jul 12, 2004
Sold by
Kristensen Joyce E and Kristensen Kenrick L
Bought by
Hoy Gretchen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2001
Sold by
Carlson Steven F and Carlson Brenda
Bought by
Kristensen Joyce M and Kristensen Kenrick L
Source: Public Records

Range of Values:

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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
Kellam Ronald G -- First American Titel Ins Co
Kellam Ronald G $425,000 First American Title Ins Co
Bradford Jerry Wayne -- None Available
Bradford Jerry W -- First American Title Ins Co
Bradford Jerry W $215,000 First American Title Ins Co
Geh Properties Llc -- First American Title Ins
Hoy Gretchen E -- First American Title Ins
Geh Properties Llc -- Transnation Title
Hoy Gretchen E $130,000 First American Title Ins
Kristensen Joyce M $108,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellam Ronald G $318,750
Closed Kellam Ronald G $318,750
Previous Owner Bradford Jerry W $161,250
Previous Owner Hoy Gretchen E $172,000
Previous Owner Hoy Gretchen E $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $425,000 0.0% $188 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $425,000 -- $188 / 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 $4,571 $427,500 $95,000 $332,500
2024 $4,571 $422,300 $85,000 $337,300
2023 $3,696 $417,300 $80,000 $337,300
2022 $3,411 $378,600 $65,000 $313,600
2021 $3,425 $271,800 $42,500 $229,300
2020 $2,871 $230,500 $38,000 $192,500
2019 $2,500 $209,000 $34,000 $175,000
2018 $2,412 $167,200 $34,000 $133,200
2017 $2,209 $155,600 $34,000 $121,600
2016 $2,219 $151,500 $32,000 $119,500
2015 $2,147 $143,900 $32,000 $111,900
2014 -- $138,900 $30,000 $108,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202124504

Spokane Association of REALTORS®

APN: 45141.1304