NOT LISTED FOR SALE

12719 E Forrest Ave Unit 12721 E Forrest Ave Spokane Valley, WA 99216

Opportunity Neighborhood

Estimated Value: $454,000 - $487,000

4 Beds
2 Baths
3,936 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $435,000 $111 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,910/month

27 Days on Market

Highlights

  • 1 Car Attached Garage
  • Building Patio
  • Landscaped with Trees
  • Dual Closets
  • Forced Air Heating and Cooling System
  • Dining Room

About This Home

As of March 2023

Well cared for Duplex in the picturesque South Valley. Solid rental history and professionally managed for the last 20+ years. Each side has almost 2000 sq ft. 2 bedrooms with double closets and one bath on the main floor, large living area with fireplace and slider out to a patio. Basements feature a finished family room, laundry, and unfinished space ready to add additional bedrooms and a second bath to increase value and rents. 1 car attached garage with each unit. Unit 12719 has a newer gas furnace and hot water tank. New roof in 2016.

Last Agent to Sell the Property

Brandi Graham-Snow

Windermere North License #101592 Listed on: 01/18/2023

Last Buyer's Agent

Doug Pecha

Coldwell Banker Tomlinson License #118294

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,002

Year Built

  • Built in 1963

Lot Details

  • 0.32 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • Dual Closets
  • 3,936 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Dining Room
  • Free-Standing Range

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Mcdonald Elementary School
  • Bowdish Middle School
  • University High School

Utilities

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

Community Details

  • 2 Units
  • Building Patio
  • Water Sewer Expense $331

Listing and Financial Details

  • Assessor Parcel Number 45272.1747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,002

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenants Personal items
  • Year Built: 1963
  • Style Of Construction: 1 Story
  • Lvt Date: 01/18/2023
  • Common Interest Community: No
  • Geo Address Line: 12719 E Forrest Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/18/2023 6:28:27 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: 1

Interior Features

  • Total Approx Sq Ft: 3936
  • Price Per Sq Ft: 110.52
  • Number of Stories: 1
  • Basement: Full, Part Fin, Fam/Rec Rm, Lndry
  • Special Features: Alum Wn Fr, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Off St Prkg
  • Garage Size: 1
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Power Company: Avista
  • Water Company: Vera

Condo/Co-op/Association

  • Amenities: Patio, Gas Hot Wtr

Schools

  • School District: Central Valley
  • Elementary School: McDonald
  • Middle School: Bowdish
  • High School: University
  • School District: Central Valley
  • Elementary School: McDonald

Lot Info

  • Acres Mol: 0.32
  • Estimated Lot Sq Ft: 13981
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 127
  • Lot Information: Fncd Bk Yd, Treed, Level
  • Parcel Number: 45272.1747
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 24
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 4002
  • Assessor Parcel Number: 45272.1747

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
Jan 18, 2023
Closed on
Mar 23, 2023
Sold by
Donahue Living Trust
Bought by
Mikesell Brent C and Mikesell Kalli Chantelle
Seller's Agent
Brandi Graham-Snow
Windermere North
Buyer's Agent
Doug Pecha
Coldwell Banker Tomlinson
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Views
91
Current Estimated Value
$460,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,001
Avg. Annual Appreciation
1.96%
Original Mortgage
$427,121
Outstanding Balance
$415,553
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$39,871
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
Mikesell Brent C -- Vista Title And Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikesell Brent C $427,121
Closed Mikesell Brent C $427,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $435,000 -1.1% $111 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $440,000 -- $112 / 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 $4,696 $457,600 $110,000 $347,600
2024 $4,696 $434,300 $95,000 $339,300
2023 $4,047 $461,700 $80,000 $381,700
2022 $3,963 $416,200 $80,000 $336,200
2021 $3,621 $287,700 $60,000 $227,700
2020 $3,088 $248,400 $55,000 $193,400
2019 $2,694 $225,800 $50,000 $175,800
2018 $3,173 $221,800 $50,000 $171,800
2017 $2,887 $205,100 $50,000 $155,100
2016 $2,802 $192,800 $50,000 $142,800
2015 $2,849 $192,800 $50,000 $142,800
2014 -- $192,800 $50,000 $142,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandi Graham-Snow

    Seller's Agent in 2023

    Brandi Graham-Snow

    Windermere North

    (509) 435-7674

    4 in this area

    215 Total Sales

    Section Image
  • Doug Pecha

    Buyer's Agent in 2023

    Doug Pecha

    Coldwell Banker Tomlinson

    (509) 290-3202

    1 in this area

    18 Total Sales

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202310637

Spokane Association of REALTORS®

APN: 45272.1747

Washington Spokane County Spokane Valley 99216 Opportunity

12719 E Forrest Ave Unit 12721 E Forrest Ave, Spokane Valley, WA

This home is located at 12719 E Forrest Ave Unit 12721 E Forrest Ave, Spokane Valley, WA 99216 since 18 January 2023 and is currently estimated at $468,930, approximately $119 per square foot. This property was built in 1963. 12719 E Forrest Ave Unit 12721 E Forrest Ave is a home located in Spokane County with nearby schools including McDonald Elementary School, Bowdish Middle School, and University 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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