NOT LISTED FOR SALE

Estimated Value: $532,546 - $821,000

6 Beds
4 Baths
2,500 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $658,000 $263 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,981/month

73 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Dual Closets
  • Dining Room
  • 1-Story Property

About This Home

As of July 2023

Investment opportunity! This fantastic 2021 duplex features, two units of three bedrooms and two baths. It also has a warm traditional exterior with modern interior features that are sought after by tenants. Including separate entrances, fully fenced backyard, and separate laundry rooms for each unit. This duplex has thoughtfully designed living spaces on opposite sides with garages in between to maximize privacy. All these features make it the most attractive dwelling for current and future tenants. Vacant rental on opposite unit just rented for $2199 with 80 inquiries and over a dozen applicants.

Last Agent to Sell the Property

Nicole Page

Windermere Valley License #125316 Listed on: 03/31/2023

Last Buyer's Agent

Krystal Allison

Realty One Group Eclipse License #21021928

Realty One Group Eclipse

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • 14,810 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Hardboard

Interior Spaces

  • Dual Closets
  • 2,500 Sq Ft Home
  • 1-Story Property
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 45022.1705

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0.34 Acres

Listing Details

  • Sub Type: Rental Income
  • Access: Paved
  • Class: Rental Income
  • Year Built: 2021
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 03/31/2023
  • Common Interest Community: No
  • Geo Address Line: 14418 E Heroy Ln
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/31/2023 11:34:34 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2500
  • Price Per Sq Ft: 263.2
  • Number of Stories: 1
  • Basement: Slab
  • Special Features: Mn Flr Util
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Microwave
  • Primary Bedroom: Dbl Clst
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 2
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Forced Air

Schools

  • School District: West Valley

Lot Info

  • Acres Mol: 0.34
  • Estimated Lot Sq Ft: 14810
  • Lot Information: Fncd Bk Yd
  • Parcel Number: 45022.1705
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Multi Family

  • Number Air Cond: 2
  • Number Of Units: 2
  • Number Units A: 14418
  • Number Units B: 14420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Sep 15, 2023
Sold by
Stennes Mark and Stennes Kevin
Bought by
Stennes Twins Land Llc
Seller's Agent
Nicole Page
Windermere Valley
Buyer's Agent
Krystal Allison
Realty One Group Eclipse
List Price
$725,000
Sold Price
$658,000
Premium/Discount to List
-$67,000
-9.24%
Views
68
Current Estimated Value
$645,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,363
Avg. Annual Appreciation
-0.70%
Original Mortgage
$292,200
Interest Rate
7.1%

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jul 17, 2023
Sold by
14418 E Heroy Ln Llc
Bought by
Stennes Mark D and Stennes Kevin A
Seller's Agent
Nicole Page
Windermere Valley
Buyer's Agent
Krystal Allison
Realty One Group Eclipse
List Price
$725,000
Sold Price
$658,000
Premium/Discount to List
-$67,000
-9.24%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,200
Interest Rate
7.1%

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jul 13, 2023
Sold by
Stennes Jennifer
Bought by
Stennes Kevin A
Seller's Agent
Nicole Page
Windermere Valley
Buyer's Agent
Krystal Allison
Realty One Group Eclipse
List Price
$725,000
Sold Price
$658,000
Premium/Discount to List
-$67,000
-9.24%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,200
Interest Rate
7.1%

Purchase Details

Closed on
Mar 28, 2022
Sold by
Gordon Shoff
Bought by
14418 E Heroy Ln Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stennes Twins Land Llc $313 None Listed On Document
Stennes Mark D $658,000 First American Title
Stennes Mark D -- First American Title
Stennes Kevin A -- First American Title
14418 E Heroy Ln Llc $313 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stennes Mark D $292,200
Previous Owner Stennes Mark D $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $658,000 -6.0% $263 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $699,900 -3.5% $280 / Sq Ft
03/31/2023 03/31/23 For Sale $725,000 -- $290 / Sq Ft
Source: Spokane Association of REALTORS®

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 $6,373 $621,400 $120,000 $501,400
2024 $6,373 $592,300 $115,000 $477,300
2023 $5,434 $560,000 $110,000 $450,000
2022 $3,750 $538,200 $95,000 $443,200
2021 $790 $60,000 $60,000 $0
2020 $767 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202313170

Spokane Association of REALTORS®

APN: 45022.1705

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