NOT LISTED FOR SALE

12219 E 23rd Ave Unit 12221 E 23rd Ave Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated Value: $409,000 - $508,000

4 Beds
2 Baths
2,988 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $450,000 $151 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,941/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Dual Closets
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Building Patio
  • Dining Room

About This Home

As of July 2023

Conveniently located on the Corner of 23rd and Pines and across from South Pines Elementary, this duplex has been well maintained by the same owner for over 30 years. Each side features a family room, dining and kitchen on the main floor, Upstairs has two ample sized bedrooms with hardwood floors and double closets, and a full bath, lower level has room for growth in the basement with roughed in family room, laundry and room for more beds and baths to increase future cash flow. Newer roof, and vinyl windows. One car attached garages, and a fenced back yard with patios on each side. Great rental history and professionally managed for 20+ years.

Last Agent to Sell the Property

Brandi Graham-Snow

Windermere North License #101592 Listed on: 06/12/2023

Last Buyer's Agent

Karl Wilkinson

Kelly Right Real Estate of Spokane License #40423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,988 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Dining Room
  • Partially Finished Basement
  • Recreation or Family Area in Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Dual Closets

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Schools

  • South Pines Elementary School
  • Bowdish Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Building Patio
  • Water Sewer Expense $306

Listing and Financial Details

  • Assessor Parcel Number 45281.1644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,765

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenants Personal Items
  • Year Built: 1967
  • Style Of Construction: 3 Level
  • Lvt Date: 06/12/2023
  • Common Interest Community: No
  • Geo Address Line: 12219 E 23rd Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/12/2023 3:57:14 PM
  • Geo Zoom Level: 15
  • Sr High: University
  • Jr High: Bowdish
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2988
  • Price Per Sq Ft: 150.6
  • Number of Stories: 2
  • Basement: Partial, Part Fin
  • Special Features: Vinyl Wn Fr, Multi Pn Wn
  • Design: Traditional
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Pantry
  • Primary Bedroom: Dbl Clst, 2nd Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Brk Accent, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Under Hse, Opener
  • Garage Size: 1
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Wind A/C
  • Power Company: Avista
  • Water Company: Modern wat

Condo/Co-op/Association

  • Amenities: Patio, Gas Hot Wtr

Schools

  • School District: Central Valley
  • Elementary School: South Pines
  • Middle School: Bowdish
  • High School: University
  • School District: Central Valley
  • Elementary School: South Pines

Lot Info

  • Acres Mol: 0.31
  • Estimated Lot Sq Ft: 13464
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 122
  • Estimated Lot Dimension Depth: 136
  • Estimated Lot Dimension Front: 99
  • Lot Information: Fncd Bk Yd, Level
  • Parcel Number: 45281.1644
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 23
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 3765
  • Assessor Parcel Number: 45281.1644

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 13, 2023
Sold by
Donahue Philip
Bought by
Picken Karl and Picken Bridgette
Seller's Agent
Brandi Graham-Snow
Windermere North
Buyer's Agent
Karl Wilkinson
Kelly Right Real Estate of Spokane
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Views
50
Current Estimated Value
$460,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,758
Avg. Annual Appreciation
1.74%
Original Mortgage
$337,500
Outstanding Balance
$330,439
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$136,334
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
Picken Karl -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picken Karl $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $450,000 +3.4% $151 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $435,000 -- $146 / 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 $5,171 $489,600 $110,000 $379,600
2024 $5,171 $414,400 $90,000 $324,400
2023 $4,029 $428,000 $90,000 $338,000
2022 $3,728 $415,900 $90,000 $325,900
2021 $3,202 $254,900 $55,000 $199,900
2020 $2,883 $232,700 $55,000 $177,700
2019 $2,643 $222,700 $55,000 $167,700
2018 $2,864 $200,700 $50,000 $150,700
2017 $2,735 $195,100 $50,000 $145,100
2016 $2,592 $179,000 $50,000 $129,000
2015 $2,395 $162,200 $40,000 $122,200
2014 -- $157,200 $35,000 $122,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202317031

Spokane Association of REALTORS®

APN: 45281.1644