NOT LISTED FOR SALE

1220 N Marcus Rd Spokane Valley, WA 99216

Estimated Value: $435,325 - $498,000

4 Beds
3 Baths
2,368 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $349,500 $148 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,044/month

5 Days on Market

Highlights

  • RV Access or Parking
  • 3 Car Attached Garage
  • High Speed Internet
  • Contemporary Architecture
  • Baseboard Heating

About This Home

As of December 2020

Great Cul de Sac location for this customized Valley duplex having a 3rd 12'x32' garage with 10' high door for RV/Shop. The original (2) garages are over-sized and have extra room for work/shop space. The living rooms have 4/12 scissor vault ceilings for open/airy look and feel. Master bedrooms are 17'x13' with double closets. Notice the appealing fenced backyards and large decks. Rear yard is huge for possible shop and already has a driveway access apron on Mission ….. buyer & agent to verify possibilities” Roof is 2 years new. Overall condition is B+. Tenants pay for trash. Upside in rents. Seller desires to close escrow in 2021.

Last Agent to Sell the Property

Glenn Sather

Coldwell Banker Schneidmiller License #4761 Listed on: 10/23/2020

Last Buyer's Agent

Tracey Madison

Realty One Group Eclipse License #127006

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • Legal: 8TH ADD TO VERADALE HEIGHTS ALL LT5 & PTN LT4, BLK4

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • RV Access or Parking

Home Design

  • 2,368 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Siding

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • 2 Units
  • Water Sewer Expense $392

Listing and Financial Details

  • Assessor Parcel Number 45141.1208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,653

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1976
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 208-765-2222
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding
  • Other Structures: See Remarks

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, RV Parking, Workshop in Garage, See Remarks
  • Total Parking Spaces: 503

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 392

Lot Info

  • Parcel Number: 45141.1208
  • Lot Size Sq Ft: 12415
  • Additional Parcels Description: Legal: 8TH ADD TO VERADALE HEIGHTS ALL LT5 & PTN LT4, BLK4

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 19, 2020
Sold by
Hoy Gretchen E
Bought by
Apex Investments Llc
Seller's Agent
Glenn Sather
Coldwell Banker Schneidmiller
Buyer's Agent
Tracey Madison
Realty One Group Eclipse
List Price
$349,500
Sold Price
$349,500
Total Days on Market
5
Current Estimated Value
$475,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,581
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Oct 19, 2016
Sold by
Geh Properties Llc
Bought by
Hoy Gretchen E

Purchase Details

Closed on
Apr 10, 2006
Sold by
Hoy Gretchen E
Bought by
Geh Properties Llc
Source: Public Records

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Range of Values:

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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
Apex Investments Llc $349,500 First American Title
Hoy Gretchen E -- Accommodation
Geh Properties Llc -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geh Properties Llc $387,000
Previous Owner Geh Properties Llc $388,000
Previous Owner Geh Properties Llc $200,000
Previous Owner Hoy Gretchen E $54,000
Previous Owner Hoy Gretchen E $38,512
Previous Owner Hoy Gretchen E $26,000
Previous Owner Hoy Gretchen E $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $349,500 0.0% $148 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $349,500 -- $148 / 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 $4,653 $430,200 $75,000 $355,200
2023 $3,820 $425,200 $70,000 $355,200
2022 $3,558 $391,950 $61,750 $330,200
2021 $3,100 $245,380 $40,380 $205,000
2020 $2,620 $209,700 $36,100 $173,600
2019 $2,327 $194,100 $32,300 $161,800
2018 $2,458 $170,500 $32,300 $138,200
2017 $2,168 $152,600 $32,300 $120,300
2016 $2,178 $148,600 $30,400 $118,200
2015 $2,106 $141,100 $30,400 $110,700
2014 -- $136,200 $28,500 $107,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202024064

Spokane Association of REALTORS®

APN: 45141.1208