NOT LISTED FOR SALE

1306 S Wilbur Rd Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated Value: $371,894 - $455,000

4 Beds
2 Baths
1,696 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $424,500 $250 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,630/month

3 Days on Market

Highlights

  • Great Room
  • Dining Room
  • 1-Story Property
  • Building Patio
  • Level Lot

About This Home

As of September 2023

This Spokane Valley Duplex on a quiet street in the CV School District is the perfect addition to your investment portfolio! Both units have been recently updated, side A (south unit) was just fully renovated. New exterior paint & cultured stone. Both long term tenants just moved out which gives you the opportunity to live in one side or choose both your new renters. Each unit offers 2 bedrooms & 1 large bathroom with washer/dryer hookups. A block from Opportunity Elementary & just a few blocks to Bowdish Middle School, close to shopping & great local restaurants, and all the recreational opportunities the PNW has to offer. Great South Valley location sure to attract many renters!

Last Agent to Sell the Property

Natalie Ward

Amplify Real Estate Services License #121217 Listed on: 08/16/2023

Amplify Real Estate Services

Last Buyer's Agent

Tom Hormel

RE/MAX Inland Empire License #21030532

RE/MAX Inland Empire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,542

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding
  • T111 Siding
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 2 Carport Spaces
  • Off-Street Parking

Schools

  • Opportunity Elementary School
  • Bowdish Middle School
  • University High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Gas Available at Street

Community Details

  • 2 Units
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 45214.1315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,542

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1978
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 08/16/2023
  • Common Interest Community: No
  • Geo Address Line: 1306 S Wilbur Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/16/2023 10:33:54 PM
  • Geo Zoom Level: 15
  • Sr High: University
  • Year Renovated: 2023
  • Jr High: Bowdish
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1696
  • Price Per Sq Ft: 250.29
  • Number of Stories: 1
  • Basement: Crawl
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: Outside Ent, Great room, 1st Flr, Off Kit
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Primary Bedroom: 1st Flr
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Stn Accent, Stucco, Vinyl, T-111
  • Roof: Comp

Garage/Parking

  • Carport Size: 2
  • Garage Parking: Carport, Off St Prkg
  • Garage Size: 0
  • Number Carports: 2

Utilities

  • Heating/Cooling: El Wall Unit
  • Power Company: Avista
  • Water Company: Model#18

Condo/Co-op/Association

  • Amenities: Patio

Schools

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

Lot Info

  • Acres Mol: 0.28
  • Estimated Lot Sq Ft: 12040
  • Estimated Lot Dimension Depth: 140
  • Estimated Lot Dimension Front: 86
  • Lot Information: Fncd Bk Yd, Level
  • Parcel Number: 45214.1315
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr, Gas Avail-St
  • Multiple Parcels: No

Tax Info

  • Taxes: 3542

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 16, 2023
Closed on
Sep 5, 2023
Sold by
Rainey Lydia J and Rainey William
Bought by
Frazier Joe K and Frazier Jane M
Seller's Agent
Natalie Ward
Amplify Real Estate Services
Buyer's Agent
Tom Hormel
RE/MAX Inland Empire
List Price
$459,900
Sold Price
$424,500
Premium/Discount to List
-$35,400
-7.7%
Views
15
Current Estimated Value
$416,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,026
Avg. Annual Appreciation
-0.91%

Purchase Details

Closed on
Sep 26, 2006
Sold by
Maroutsos George J and Maroutsos Deena G
Bought by
Lorimor Lydia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2006
Sold by
Lorimor Larry L
Bought by
Lorimor Lydia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Frazier Joe K $424,500 Ticor Title
Lorimor Lydia J $147,000 Stewart Title Of Spokane
Lorimor Lydia J -- Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorimor Lydia J $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $424,500 -5.6% $250 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $449,900 -2.2% $265 / Sq Ft
08/16/2023 08/16/23 For Sale $459,900 -- $271 / 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 $5,042 $396,700 $110,000 $286,700
2024 $5,042 $333,200 $95,000 $238,200
2023 $3,542 $302,700 $85,000 $217,700
2022 $3,106 $300,000 $77,000 $223,000
2021 $3,088 $197,100 $47,000 $150,100
2020 $2,816 $176,700 $42,000 $134,700
2019 $2,356 $167,700 $40,000 $127,700
2018 $2,684 $153,500 $30,000 $123,500
2017 $2,568 $142,100 $30,000 $112,100
2016 $2,676 $135,800 $30,000 $105,800
2015 $2,446 $135,800 $30,000 $105,800
2014 -- $129,600 $30,000 $99,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Natalie Ward

    Seller's Agent in 2023

    Natalie Ward

    Amplify Real Estate Services

    (509) 998-3949

    3 in this area

    79 Total Sales

    Natalie Ward
    Section Image
  • Tom Hormel

    Buyer's Agent in 2023

    Tom Hormel

    RE/MAX Inland Empire

    (509) 879-1128

    2 in this area

    68 Total Sales

    Tom Hormel
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202320479

Spokane Association of REALTORS®

APN: 45214.1315

Washington Spokane County Spokane Valley 99206 Opportunity

1306 S Wilbur Rd, Spokane Valley, WA

This home is located at 1306 S Wilbur Rd, Spokane Valley, WA 99206 since 16 August 2023 and is currently estimated at $416,474, approximately $245 per square foot. This property was built in 1978. 1306 S Wilbur Rd is a home located in Spokane County with nearby schools including Opportunity 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.

Spokane Association of REALTORS® 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.
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