NOT LISTED FOR SALE

14408 E 12th Ave Spokane Valley, WA 99037

Estimated Value: $454,000 - $540,000

5 Beds
2 Baths
2,880 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $179,900 $62 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,059/month

93 Days on Market

Highlights

  • Barn
  • 1 Acre Lot
  • Territorial View
  • RV Access or Parking
  • Secluded Lot
  • 1 Fireplace

About This Home

As of October 2014

FANTASTICLY REMODELED HOME SITUATED ON AN ACRE IN THE CENTRAL VALLEY SCHOOL DISTRICT, 3 BEDROOMS AND 2 BATHS ON THE MAIN WITH 1800 SQ FT WHICH INCLUDES A HUGE FAMILY ROOM AND MAIN FLOOR LAUNDRY WITH OVERSIZED NEW KITCHEN. 2-LEGAL EGRESS BEDROOMS IN THE BASEMENT WITH ELECTRICAL, HEAT INSULATION COMPLETED, JUST ADD FINISHING TOUCH'S. A 34X54 SHOP WITH THE POTENTIAL TO HAVE HORSE'S. THE SHOP HAS PARCIAL CONCRETE FOR PARKING AND A LARGE DIRT SECTION FOR ANIMALS. DON'T MISS THIS ONE, IT SHINES LIKE A NEW DIME.

Last Agent to Sell the Property

JUSTIN ASHER

Asher Associate Brokers License #12028 Listed on: 06/10/2014

Last Buyer's Agent

Leon Vincent

Vincent Realty License #26499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1957

Lot Details

  • 1 Acre Lot
  • Secluded Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is zoned RA

Home Design

  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Closets
  • 2 Bathrooms

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Rough-In Basement Bathroom
  • Rough in Bedroom

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • 200+ Amp Service

Additional Features

  • Shop
  • Barn

Community Details

  • Vera Tr 171 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45233.1702

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Easement, Pub Rd, Paved
  • Accessibility: Doors 32+
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1957
  • Zone: RA
  • Geo Address Line: 14408 E 12th Ave
  • Geo Primary City: Veradale
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/15/2014 6:40:42 PM
  • Geo Zoom Level: 15
  • Year Renovated: 2014
  • Subdivision/Development: VERA TR 171
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2880
  • Price Per Sq Ft: 62.47
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 5
  • Estimated First Floor Sq Ft: 1880
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Partial, RI Bdrm, RI Bath, Fam/Rec Rm
  • Estimated Basement Sq Ft: 1000
  • Basement Percent: 60
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, Formal LR
  • Features: Breakers, 200 AMP
  • Fireplace: Pellet Burn
  • Kitchen Appliances: Fr Stnd Rng, D/W
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1
  • Stove: Pellet Burn

Exterior Features

  • Exterior: Vinyl
  • Out Buildings: Shop, Barn
  • Roof: Comp, Metal

Garage/Parking

  • Garage Parking: Detached, RV Parking, Shop Area
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Elec, Forced Air

Schools

  • School District: Central Valley

Lot Info

  • Acres Mol: 1
  • Estimated Lot Sq Ft: 43605
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 144
  • Loc Numberblks N S: 13
  • Estimated Lot Dimension Depth: 513
  • Estimated Lot Dimension Front: 85
  • Lot Information: View, Spr Sys, Treed, Level, Secluded, Oversized
  • Lot View: Territorial
  • Parcel Number: 45233.1702
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 2166
  • Assessor Parcel Number: 45233.1702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2018
Sold by
Stites Daren L and Stites Laura L
Bought by
Stites Daren L
Current Estimated Value
$517,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,596
Outstanding Balance
$171,669
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$318,622

Purchase Details

Closed on
Apr 3, 2018
Sold by
Stites Daren L
Bought by
Stites Daren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,596
Outstanding Balance
$171,669
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$318,622

Purchase Details

Listed on
Jun 10, 2014
Closed on
Oct 3, 2014
Sold by
Heberling Craig R
Bought by
Stites Daren L and Stites Laura L
Seller's Agent
JUSTIN ASHER
Asher Associate Brokers
Buyer's Agent
Leon Vincent
Vincent Realty
List Price
$199,000
Sold Price
$179,900
Premium/Discount to List
-$19,100
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$171,731
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2013
Sold by
Flagstar Bank Fsb
Bought by
Heberling Craig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2013
Sold by
Federal National Mortgage Association
Bought by
Flagstar Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2012
Sold by
Flagstar Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 6, 2011
Sold by
Stokes Auction Group Inc and Smiley Colleen
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Jul 13, 2009
Sold by
Smith Frank and Smith Daisy
Bought by
Smiley Colleen and Stokes Auction Group Inc

Purchase Details

Closed on
Dec 26, 2007
Sold by
Smith Frank L and Smith Daisy
Bought by
Rievley Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2007
Sold by
Graham John R and Graham Sally L
Bought by
Smith Frank and Smith Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stites Daren L -- None Listed On Document
Stites Daren L -- None Available
Stites Daren L $174,900 Spokane County Title Co
Heberling Craig R $91,100 County Title Co
Flagstar Bank Fsb -- Spokane County Title Co
Federal National Mortgage Association -- First American Title Ins Co
Flagstar Bank Fsb -- None Available
Flagstar Bank Fsb -- None Available
Smiley Colleen $156,279 Spokane County Title Co
Rievley Aaron $165,000 Transnation Title Ins Co
Smith Frank $260,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stites Daren L $194,596
Closed Stites Daren L $194,596
Previous Owner Stites Daren L $171,731
Previous Owner Heberling Craig R $95,000
Previous Owner Rievley Aaron $165,000
Previous Owner Smith Frank $82,500
Previous Owner Smith Frank $11,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2014 10/14/14 Sold $179,900 -9.6% $62 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $199,000 -- $69 / 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 $4,450 $422,600 $125,000 $297,600
2024 $4,450 $418,000 $120,000 $298,000
2023 $3,983 $426,900 $100,000 $326,900
2022 $3,877 $417,200 $100,000 $317,200
2021 $3,791 $304,500 $90,000 $214,500
2020 $3,393 $276,600 $82,500 $194,100
2019 $3,052 $259,800 $82,500 $177,300
2018 $2,862 $202,050 $71,250 $130,800
2017 $2,736 $196,650 $71,250 $125,400
2016 $2,623 $182,650 $71,250 $111,400
2015 $2,152 $146,750 $63,750 $83,000
2014 -- $146,750 $63,750 $83,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    JUSTIN ASHER

    Asher Associate Brokers

    (509) 710-1645

    5 Total Sales

    JUSTIN ASHER
    Section Image
  • Leon Vincent

    Buyer's Agent in 2014

    Leon Vincent

    Vincent Realty

    (509) 599-7382

    84 Total Sales

    Leon Vincent
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201419067

Spokane Association of REALTORS®

APN: 45233.1702

Washington Spokane County Spokane Valley 99037

14408 E 12th Ave, Spokane Valley, WA

Not Listed for Sale

Detached

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