NOT LISTED FOR SALE

1214 N Marcus Rd Unit 1216 Spokane Valley, WA 99216

Estimated Value: $396,000 - $471,000

4 Beds
4 Baths
2,368 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $215,000 $91 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,666/month

20 Days on Market

About This Home

As of September 2019

The roof is new and the stove/refrigerator are new and those are the only things that are. This is an extensive fixer. Property is vacant with a lockbox. Broker and owner are out of town until 8/13. All offers will be presented at that time. Rents in the identical units are as high as $1000

Last Agent to Sell the Property

Steve Fisher

Coldwell Banker Tomlinson License #519 Listed on: 07/31/2019

Last Buyer's Agent

Melissa Blaine

Coldwell Banker Tomlinson License #23881

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1976

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage

Home Design

  • Siding

Interior Spaces

  • 2,368 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Utilities

  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 45141.1207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,928

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1976
  • Property Sub-Type: Rental
  • Road Frontage Type: City Street, Gravel
  • Co List Office Phone: 509-467-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 45141.1207

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1928
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 11, 2019
Sold by
Sherrick John A and Sherrick Katherine A
Bought by
Magnolia Street Holdigns Llc
Seller's Agent
Steve Fisher
Coldwell Banker Tomlinson
Buyer's Agent
Melissa Blaine
Coldwell Banker Tomlinson
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Total Days on Market
20
Current Estimated Value
$421,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,153
Avg. Annual Appreciation
12.45%
Source: Public Records

Similar Homes in Spokane Valley, WA

  • 10 S Greenacres Rd, Spokane Valley, WA 99016

    $500,000

    • 6 Beds
    • 4 Baths
    • 2,186 Sq Ft
    • 10 S Greenacres Rd
    • Spokane Valley, WA

    Turnkey Duplex in Spokane Valley’s CV district! This property features 4-bed/2-bath unit one side and a 1-bed/1-bath on the other ideal for owner-occupied investor. Updates include a 50-year roof w/ 25-year workmanship guarantee (transferable), fiber cement siding, paint, gutters, insulation (attic & basement), all-new electrical & panels, updated plumbing, 99% gas efficient furnaces, A/Cs, and

    Steven Kepler Windermere Liberty Lake

    Section Image
  • 302 N Argonne Rd, Spokane Valley, WA 99212

    $525,000

    • 4 Beds
    • 3 Baths
    • 302 N Argonne Rd
    • Spokane Valley, WA

    Location, Location, Location! Spacious duplex on a .60-acre lot with highly desirable commercial property potential on Argonne/Mullan Rd. Zoned Corridor Mixed Use (CMU), this property offers endless possibilities! The large, fenced backlot provides room to build several more units or explore your next business venture. This well-maintained duplex has numerous updates, including a new PVC roof

    Lorrie Burnworth eXp Realty, LLC

    Section Image
  • 2224 N Park Rd, Spokane Valley, WA 99212

    $400,000

    • 3 Beds
    • 4 Baths
    • 1,856 Sq Ft
    • 2224 N Park Rd
    • Spokane Valley, WA

    Investment opportunity in Spokane Valley! This unique property features two separate homes on one parcel—ideal for generating rental income or house hacking. Whether you’re an investor looking for a solid asset or a buyer hoping to live in one unit while renting out the other, this setup offers flexibility and opportunity with some sweat equity. Each home has its own private entrance and living

    Patrick Libey Avalon 24 Real Estate

    Section Image
  • 7311 E Fairview Ave, Spokane Valley, WA 99212

    $450,000

    • 3 Beds
    • 3 Baths
    • 2,204 Sq Ft
    • 7311 E Fairview Ave
    • Spokane Valley, WA

    Rare find in Spokane Valley with 2 homes on nearly half an acre! This unique property offers exceptional space and versatility with an updated main house and an ADU with its own hot water tank, heat pump and kitchen appliances. The main house features 2 bedrooms, 2 bathrooms, a charming front porch, updated kitchen with an oversized island perfect for prepping and for dining, convenient main

    Michelle Dickerson Coldwell Banker Tomlinson

    Section Image

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

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
Magnolia Street Holdigns Llc $215,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $215,000 -4.4% $91 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $225,000 -- $95 / 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 $3,731 $341,800 $80,000 $261,800
2023 $2,812 $336,800 $75,000 $261,800
2022 $2,561 $284,000 $65,000 $219,000
2021 $2,528 $198,800 $42,500 $156,300
2020 $2,164 $169,500 $38,000 $131,500
2019 $1,927 $157,000 $34,000 $123,000
2018 $2,048 $139,000 $34,000 $105,000
2017 $2,112 $146,300 $34,000 $112,300
2016 $2,113 $141,900 $32,000 $109,900
2015 $2,049 $135,000 $32,000 $103,000
2014 -- $130,200 $30,000 $100,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201920977

Spokane Association of REALTORS®

APN: 45141.1207