NOT LISTED FOR SALE

Estimated Value: $494,000 - $561,000

6 Beds
4 Baths
3,198 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $521,500 $163 Per Sq Ft

Current estimated payment $3,264/month

22 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Solid Surface Countertops
  • Mountain View
  • Great Room
  • Den

About This Home

As of February 2024

Are you looking for a multi-generational living or rental opportunity in the Spokane Valley? Here it is! Corner lot, 6 beds, 4 bath, 3 family rooms, 2 full kitchens, 2 fireplaces, and 2 laundries. Nearly 3200 sq ft of living space, split-level design. The upper level has 3 bed, 2 bath, boasts a family room with the first wood-burning fireplace AND oversized bonus room (potential 7th bedroom). This door leads to the outdoor patio, ready for entertaining and fenced backyard. The daylight lower level offers 3 bedrooms, 2 baths, a large full kitchen, spacious family room and other wood-burning fireplace. The downstairs also offers a private entrance, separate laundry area and mudroom. Truly an entire second living space, perfect for in-law setup or tenants! Two car garage parking in the 25'x25' shop plus RV parking. Well-established neighborhood in the Central Valley school district and conveniently close to shopping, restaurants and amenities. This home is ready for your own personal touch!

Last Agent to Sell the Property

Brad Hill

John L Scott, Spokane Valley License #22006611 Listed on: 12/14/2023

John L Scott, Spokane Valley

Last Buyer's Agent

Amy Hill

John L Scott, Spokane Valley License #21030565

John L Scott, Spokane Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1972

Lot Details

  • 9,750 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Split Level Home
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 3,198 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Formal Dining Room
  • Den
  • Mountain Views
  • Washer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Dual Closets

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • RV Access or Parking

Schools

  • Mcdonald Elementary School
  • Evergreen Middle School
  • Central Valley High School

Utilities

  • Cooling Available
  • Baseboard Heating

Community Details

  • 2 Units
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 45224.2903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1972
  • Style Of Construction: Split Entry
  • Lvt Date: 12/14/2023
  • Common Interest Community: No
  • Geo Address Line: 13513 E 11th Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 12/14/2023 8:36:41 PM
  • Geo Zoom Level: 15
  • Sr High: Central Valley
  • Jr High: Evergreen
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 3198
  • Price Per Sq Ft: 163.07
  • Number of Stories: 2
  • Basement: Full, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Basement: Yes
  • Special Features: Mn Flr Util, In-Law Setup
  • Dining Room: Formal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Outside Ent, Great room, Bsmt, 1st Flr, Off Kit, Den or Office
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Disposal, Microwave, Washer, Hard Surface Counters
  • Primary Bedroom: Dbl Clst, 3/4 Bath, 1st Flr, 2nd Flr

Exterior Features

  • Exterior: T-111
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking, Shop Area
  • Garage Size: 2

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: Vera
  • Water Company: Vera

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Central Valley
  • Elementary School: McDonald
  • Middle School: Evergreen
  • High School: Central Valley
  • School District: Central Valley
  • Elementary School: McDonald

Lot Info

  • Acres Mol: 0.22
  • Estimated Lot Sq Ft: 9750
  • Lot Information: Fncd Bk Yd, Spr Sys, Treed, Level, Corner
  • Lot View: Mountain
  • Parcel Number: 45224.2903
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 4280

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
Dec 14, 2023
Closed on
Feb 2, 2024
Sold by
Project Recovery
Bought by
Martin Robert Timothy
Seller's Agent
Brad Hill
John L Scott, Spokane Valley
Buyer's Agent
Amy Hill
John L Scott, Spokane Valley
List Price
$535,000
Sold Price
$521,500
Premium/Discount to List
-$13,500
-2.52%
Views
18
Current Estimated Value
$520,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,067
Avg. Annual Appreciation
-0.20%
Original Mortgage
$485,450
Outstanding Balance
$478,286
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$41,678

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 24, 2023
Sold by
Finnegan Michael M
Bought by
Reclaim Project Recovery
Seller's Agent
Jodi Hoffman
John L Scott, Spokane Valley
Buyer's Agent
Brad Hill
John L Scott, Spokane Valley
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.77%

Purchase Details

Closed on
Oct 26, 2017
Sold by
Mateer Finnegan Melinda L
Bought by
Finnegan Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2017
Sold by
Sullivan Theresa M
Bought by
Finnegan Michael M

Purchase Details

Closed on
Aug 22, 2014
Sold by
Finnegan Michael M and Sullivan Theresa M
Bought by
Mateer Finnegan Melinda L and Finnegan Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Finnegan Rosemary
Bought by
Finnegan Michael M and Sullivan Theresa M

Purchase Details

Closed on
Apr 25, 2000
Sold by
Pmi Mtg Insurance Company
Bought by
Finnegan Rosemary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 3, 2000
Sold by
Federal National Mortgage Association
Bought by
Pmi Mtg Insurance Co

Purchase Details

Closed on
Apr 20, 1999
Sold by
Larsen Shawn S and Larsen Christine M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 1, 1997
Sold by
Huber Mark W
Bought by
Larsen Shawn S and Larsen Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,950
Interest Rate
7.58%
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
Martin Robert Timothy $521,500 Ticor Title
Reclaim Project Recovery $535,000 First American Title Insurance
Finnegan Michael M -- None Available
Finnegan Michael M -- None Available
Mateer Finnegan Melinda L -- Inland Professional Title Ll
Finnegan Michael M -- None Available
Finnegan Rosemary E $110,000 Pacific Nw Title
Pmi Mtg Insurance Co -- Pacific Nw Title
Federal National Mortgage Association $115,750 First American Title Ins
Larsen Shawn S $118,900 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert Timothy $485,450
Previous Owner Finnegan Michael M $119,000
Previous Owner Mateer Finnegan Melinda L $121,000
Previous Owner Finnegan Rosemary E $88,000
Previous Owner Larsen Shawn S $112,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $521,500 -2.5% $163 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $535,000 0.0% $167 / Sq Ft
08/28/2023 08/28/23 Sold $535,000 0.0% $167 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/01/2023 08/01/23 Price Changed $535,000 -2.7% $167 / Sq Ft
06/22/2023 06/22/23 For Sale $550,000 -- $172 / 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 $5,139 $482,900 $100,000 $382,900
2024 $5,139 $484,100 $95,000 $389,100
2023 $573 $458,000 $85,000 $373,000
2022 $575 $453,000 $80,000 $373,000
2021 $614 $310,700 $60,000 $250,700
2020 $649 $278,600 $57,500 $221,100
2019 $2,950 $251,000 $57,500 $193,500
2018 $3,158 $223,300 $52,000 $171,300
2017 $2,824 $203,100 $40,000 $163,100
2016 $2,755 $192,000 $40,000 $152,000
2015 $2,636 $180,500 $40,000 $140,500
2014 -- $183,200 $33,000 $150,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202325384

Spokane Association of REALTORS®

APN: 45224.2903