NOT LISTED FOR SALE

Estimated Value: $512,000 - $588,000

9 Beds
6 Baths
3,772 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $322,500 $85 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,367/month

2 Days on Market

About This Home

As of December 2018

This home is located at 13125 E 16th Ave, Spokane Valley, WA 99216 since 04 May 2018 and is currently estimated at $548,022, approximately $145 per square foot. This property was built in 1972. 13125 E 16th Ave is a home located in Spokane County with nearby schools including McDonald Elementary School, Bowdish Middle School, and University High School.

Last Agent to Sell the Property

MISC MISC

NON MLS Listed on: 05/04/2018

Last Buyer's Agent

Jeff Hornberger

The Hornberger Group, LLC License #27912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1972

Lot Details

  • 0.3

Parking

  • 1 Car Attached Garage
  • Carport

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 45224.2364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,492

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1972
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • MLS Status: Sold
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Walk-Out Access

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Carport

Utilities

  • Heating: Electric, Baseboard

Lot Info

  • Parcel Number: 45224.2364

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2018
Sold by
Clark Stephen B
Bought by
Cuevas Alvaro and Maturino Silveyra Priscila S
Current Estimated Value
$548,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,993
Outstanding Balance
$233,155
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$314,867

Purchase Details

Closed on
Aug 31, 2005
Sold by
Tong Damon J
Bought by
Clark Stephen B and Clark Deborah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2001
Sold by
Keefer Morrie M
Bought by
Tong Damon J and Tong Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,250
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

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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

Date Buyer Sale Price Title Company
Cuevas Alvaro $322,000 First American Title Ins Co
Clark Stephen B $160,000 Spokane County Title Co
Tong Damon J $89,200 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevas Alvaro $268,993
Previous Owner Clark Stephen B $128,000
Previous Owner Tong Damon J $80,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $322,500 +0.2% $85 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $322,000 -- $85 / 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 $5,492 $488,600 $95,000 $393,600
2024 $5,492 $510,600 $90,000 $420,600
2023 $4,557 $533,700 $80,000 $453,700
2022 $4,554 $470,800 $66,000 $404,800
2021 $4,663 $372,500 $55,000 $317,500
2020 $4,158 $336,900 $57,500 $279,400
2019 $3,711 $313,600 $57,500 $256,100
2018 $3,808 $267,300 $52,000 $215,300
2017 $3,388 $241,700 $40,000 $201,700
2016 $3,487 $241,300 $40,000 $201,300
2015 $3,250 $220,700 $40,000 $180,700
2014 -- $219,500 $33,000 $186,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201828202

Spokane Association of REALTORS®

APN: 45224.2364