NOT LISTED FOR SALE

12424 E 18th Ave Unit 12426 Spokane Valley, WA 99216

Opportunity Neighborhood

Estimated Value: $407,000 - $493,000

4 Beds
3 Baths
2,138 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $461,000 $216 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,836/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • 4 Car Attached Garage
  • Dining Room
  • Cul-De-Sac
  • Landscaped with Trees
  • Baseboard Heating

About This Home

As of September 2023

Investor Alert! Great rental property with good rental history. 2 bed 1.5 bath with 1069 sqft and double attached garages on each side. Unit 12426 has been updated with new carpets and paint throughout. Located on a cul-de-sac near Pines and Hwy 27 making it very central to many amenities in the Spokane Valley. Sits on a half acre with plenty of off street parking.

Last Agent to Sell the Property

Tiffany McInnes

John L Scott, Inc. License #132229 Listed on: 08/30/2023

John L Scott, Inc.

Last Buyer's Agent

Amy Lightbody

Windermere Valley License #110596

Windermere Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,268

Year Built

  • Built in 1971

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Level Lot
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,138 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Basement

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

Parking

  • 4 Car Attached Garage
  • Off-Street Parking

Schools

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

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45272.1255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,268

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenants items
  • Year Built: 1971
  • Style Of Construction: Split Entry
  • Lvt Date: 08/30/2023
  • Common Interest Community: No
  • Geo Match Code: 3
  • Geo Matched Method: 2
  • Geo Quality: 1
  • Geo Update Timestamp: 8/30/2023 5:46:58 PM
  • Geo Zoom Level: 18
  • Sr High: University
  • Jr High: Bowdish
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2138
  • Price Per Sq Ft: 215.62
  • Number of Stories: 2
  • Basement: Full, Finished, Daylight
  • Design: Contemp
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Brk Accent, Wood
  • Roof: Comp

Garage/Parking

  • Carport Size: 0
  • Garage Parking: Attached, Off St Prkg
  • Garage Size: 4+
  • Number Garages: 2

Utilities

  • Heating/Cooling: Basebd
  • Power Company: Modern El
  • Water Company: Modern El

Condo/Co-op/Association

  • Amenities: Deck

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: 0.5
  • Estimated Lot Sq Ft: 22184
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 124
  • Lot Information: Fncd Bk Yd, Treed, Level, Culdesac
  • Parcel Number: 45272.1255
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 18
  • Multiple Parcels: No

Tax Info

  • Taxes: 3,267.6

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
Aug 30, 2023
Closed on
Sep 8, 2023
Sold by
Karnes Walter Edwin and Karnes Bette
Bought by
Pillsbury Luke Nelson
Seller's Agent
Tiffany McInnes
John L Scott, Inc.
Buyer's Agent
Amy Lightbody
Windermere Valley
List Price
$399,900
Sold Price
$461,000
Premium/Discount to List
$61,100
15.28%
Views
20
Current Estimated Value
$452,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,449
Avg. Annual Appreciation
0.73%
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
Pillsbury Luke Nelson $461,000 Ticor Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $461,000 +15.3% $216 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $399,900 -- $187 / 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 $4,455 $436,300 $120,000 $316,300
2024 $4,455 $412,700 $105,000 $307,700
2023 $3,268 $344,400 $90,000 $254,400
2022 $3,327 $334,400 $80,000 $254,400
2021 $3,022 $240,200 $60,000 $180,200
2020 $2,659 $214,200 $50,000 $164,200
2019 $2,332 $195,800 $50,000 $145,800
2018 $2,362 $164,700 $40,000 $124,700
2017 $2,184 $154,800 $40,000 $114,800
2016 $2,250 $154,800 $40,000 $114,800
2015 $2,170 $146,600 $40,000 $106,600
2014 -- $149,200 $40,000 $109,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202321047

Spokane Association of REALTORS®

APN: 45272.1255