NOT LISTED FOR SALE

12218 W 9th Ave Airway Heights, WA 99001

Estimated Value: $515,000 - $658,000

6 Beds
5 Baths
2,960 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $575,000 $194 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,421/month

1 Day on Market

Highlights

  • Territorial View
  • 2 Car Attached Garage
  • Walk-In Closet
  • 1.5-Story Property
  • Building Patio
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

Amazing opportunity, 2006 investment rental duplex in Airway Heights. Close to Fairchild AFB & Amazon fulfillment center and other growing businesses. Each unit is approx. 1500 sq ft with 3 beds and 2.5 baths. Main floor features family room, dining, kitchen & half bath with 3 bedrooms & 2 full baths upstairs. Gas furnace, central A/C. Kitchens have stained cabinets, granite countertops & ceramic tile floors. Each unit has oversized 2 car garage which enters to a laundry/mud room. Both units are occupied, and tenants pay ALL utilities. This is a great investment opportunity with a steady positive cash flow.

Last Agent to Sell the Property

Tim Tonani

John L Scott, Inc. License #119124 Listed on: 03/24/2022

John L Scott, Inc.

Last Buyer's Agent

Cynthia Gustafson

John L Scott, Inc. License #113633

John L Scott, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 2006

Lot Details

  • 6,001 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • 1.5-Story Property
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,960 Sq Ft Home
  • Territorial Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Sunset Elementary School
  • Cheney Middle School
  • Cheney High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Units
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 15243.0310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,712

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 2006
  • Style Of Construction: 1-1/2 Story
  • Lvt Date: 03/24/2022
  • Common Interest Community: No
  • Geo Address Line: 12218 W 9th Ave
  • Geo Primary City: Airway Heights
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/24/2022 3:38:15 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Jr High: Cheney
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2960
  • Price Per Sq Ft: 194.26
  • Special Features: Vinyl Wn Fr
  • Design: Rancher
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Washer, Dryer
  • Primary Bedroom: Wlkin Clst, Full Bath

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable TV, Patio, Gas Hot Wtr, Cable Internet

Schools

  • School District: Cheney
  • Elementary School: Sunset
  • Middle School: Cheney
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Sunset

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6001
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 122
  • Lot Information: Fncd Bk Yd, Spr Sys
  • Lot View: Territorial
  • Parcel Number: 15243.0310
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 9
  • Multiple Parcels: No

Tax Info

  • Taxes: 3712

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 13, 2020
Sold by
Keeble Valerie L and Keeble Nina
Bought by
Redman Properties Llc
Seller's Agent
Jessica Sewell
Prime Real Estate Group
Buyer's Agent
Tim Tonani
John L Scott, Inc.
List Price
$400,000
Sold Price
$415,001
Premium/Discount to List
$15,001
3.75%
Current Estimated Value
$559,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,464
Avg. Annual Appreciation
5.38%
Original Mortgage
$311,250
Outstanding Balance
$281,521
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$265,119

Purchase Details

Closed on
Nov 17, 2006
Sold by
Parker Construction Co Inc
Bought by
Keeble Valerie L and Keeble Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,280
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Russell Heights Llc
Bought by
Parker Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,466
Interest Rate
9.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Redman Properties Llc $415,001 None Available
Keeble Valerie L $324,100 Stewart Title Of Spokane
Parker Construction Co Inc $48,000 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redman Properties Llc $311,250
Previous Owner Keeble Valerie L $265,750
Previous Owner Keeble Valerie L $259,280
Previous Owner Parker Construction Co Inc $254,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $575,000 +10.6% $194 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $519,995 +25.3% $176 / Sq Ft
06/18/2020 06/18/20 Sold $415,001 +3.8% $140 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $400,000 -- $135 / 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 $5,593 $535,700 $70,000 $465,700
2024 $5,593 $524,000 $70,000 $454,000
2023 $4,086 $524,000 $70,000 $454,000
2022 $3,994 $519,000 $65,000 $454,000
2021 $3,712 $345,800 $40,000 $305,800
2020 $3,583 $317,600 $40,000 $277,600
2019 $3,065 $277,600 $30,000 $247,600
2018 $3,510 $271,200 $30,000 $241,200
2017 $3,025 $250,600 $30,000 $220,600
2016 $1,807 $162,900 $30,000 $132,900
2015 $1,853 $162,900 $30,000 $132,900
2014 -- $162,900 $30,000 $132,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Tonani

    Seller's Agent in 2022

    Tim Tonani

    John L Scott, Inc.

    (509) 370-9161

    59 Total Sales

    Tim Tonani
    Section Image
  • Cynthia Gustafson

    Buyer's Agent in 2022

    Cynthia Gustafson

    John L Scott, Inc.

    (509) 280-8595

    116 Total Sales

    Cynthia Gustafson
    Section Image

  • J

    Seller's Agent in 2020

    Jessica Sewell

    Prime Real Estate Group

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202212756

Spokane Association of REALTORS®

APN: 15243.0310

Washington Spokane County Airway Heights 99001

12218 W 9th Ave, Airway Heights, WA

This home is located at 12218 W 9th Ave, Airway Heights, WA 99001 since 24 March 2022 and is currently estimated at $559,465, approximately $189 per square foot. This property was built in 2006. 12218 W 9th Ave is a home located in Spokane County with nearby schools including Sunset Elementary School, Westwood Middle School, and Cheney 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.

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