NOT LISTED FOR SALE

12516 E Olive Ave Spokane Valley, WA 99216

Opportunity Neighborhood

Estimated Value: $507,564 - $575,000

6 Beds
2 Baths
2,554 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2019

Last sale price $386,000 $151 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,429 / mo

19 Days on Market

Highlights

  • RV Access or Parking
  • Fenced Yard
  • 2 Car Attached Garage
  • Ranch Style House
  • Oversized Lot
  • Triple Pane Windows

About This Home

As of August 2019

Investors: Owner-occupied, meticulously maintained, LIKE-NEW CONDITION DUPLEX in Spokane Valley (quiet, no thru street). Close to freeway, supermarkets, hospital/health clinics, restaurants, services, mall; 10-min walk to NEW Middle School. *ONE-LEVEL Ranch style w/insulated garage *Lennox ductless A/C unit (low electric bills) *Open great-room floorplan *Gorgeous kitchen, MAPLE cabinets, GRANITE counter *Oversized pantry, walk-in closets, extra storage *Huge southern-facing backyard w/garden area

Last Agent to Sell the Property

Jaculynn Peterson

Fathom Realty WA, LLC License #137541 Listed on: 07/05/2019

Last Buyer's Agent

Heather Schelling

Haven Real Estate Group License #123568

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2011

Lot Details

  • 12,197 Sq Ft Lot
  • Fenced Yard
  • Oversized Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Off-Site Parking
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Siding

Interior Spaces

  • Triple Pane Windows
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 45153.1827

Property Details

Home Type

Multi-Family

Year Built

Built in 2011

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Year Built: 2011
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Oversized Lot, Surveyed
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street
  • Reso Association Amenities: Cable TV, Patio, High Speed Internet, None
  • Co List Office Phone: 509-489-7000
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Interior Features: Multi Pn Wn
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Pantry, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, RV Parking, Off Site, See Remarks
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric, Ductless
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 45153.1827
  • Lot Size Sq Ft: 12197

Multi Family

  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 7, 2019
Sold by
Bought by
Seller's Agent
Jaculynn Peterson
Fathom Realty WA, LLC
Buyer's Agent
Heather Schelling
Haven Real Estate Group
List Price
$386,000
Sold Price
$386,000
Current Estimated Value
$548,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,141
Avg. Annual Appreciation
5.19%
Original Mortgage
$289,500
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$386,000 Spokane County Title Company
$206,280 Stewart Title Of Spokane
$25,280 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $287,700
Closed $289,500
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/13/2019 08/13/19 Sold $386,000 0.0% $151 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $386,000 -- $151 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,612 $507,900 $90,000 $417,900
2025 $5,296 $520,900 $80,000 $440,900
2024 $5,296 $491,800 $70,000 $421,800
2023 $4,718 $504,200 $70,000 $434,200
2022 $4,418 $494,200 $60,000 $434,200
2021 $4,127 $330,600 $44,000 $286,600
2020 $3,708 $301,400 $40,000 $261,400
2019 $2,936 $248,500 $37,800 $210,700
2018 $3,356 $236,400 $35,000 $201,400
2017 $2,587 $184,700 $32,000 $152,700
2016 $2,860 $198,400 $32,000 $166,400
2015 $2,821 $192,300 $32,000 $160,300
2014 -- $191,600 $32,000 $159,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jaculynn Peterson

    Fathom Realty WA, LLC

  • H

    Buyer's Agent in 2019

    Heather Schelling

    Haven Real Estate Group

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201919486

Spokane Association of REALTORS®

APN: 45153.1827

Washington Spokane County Spokane Valley 99206 Opportunity

12516 E Olive Ave, Spokane Valley, WA

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Spokane Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed reliable but not guaranteed.
Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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