NOT LISTED FOR SALE

1515 N Mamer Rd Spokane Valley, WA 99216

Opportunity Neighborhood

Estimated Value: $591,000 - $700,000

8 Beds
4 Baths
2,378 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $610,000 $257 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,876/month

9 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Level Lot
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

INVESTMENT OPPORTUNITY! This charming 2007 duplex sits in a highly sought after location privately tucked away yet close to everything including Valley Hospital, bus route, shopping, medical facilities and close to I-90 access with great long term tenants. Built in 2007 and in turn key condition these 3/2 units include a 2 car garage for each side along with gas forced air heating with A/C. All this makes for prime rental units

Last Agent to Sell the Property

Lisa Dillon

Coldwell Banker Schneidmiller Realty License #SP40732 Listed on: 02/10/2022

Coldwell Banker Schneidmiller Realty

Last Buyer's Agent

Non-MLS Broker

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,251

Year Built

  • Built in 2007

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Front and Back Yard Sprinklers

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,378 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 45151.2204

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,251

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved, Gravel
  • Inclusions: Kitchen refrigerator
  • Subdivision Name: N/A
  • Directions: I-90 to Evergreen exit S. to Mission W. to Mamer S to driveway to address.
  • Architectural Style: Sgl Level
  • Year Built: 2007
  • Road Paved: Yes
  • Special Features: None

Interior Features

  • Has Basement: None-Slab on Grade
  • Basement YN: No
  • Interior Amenities: Cable Internet Available, Cable TV, Central Air, Main Floor Utilities
  • Living Area: 2378.0
  • ResoLivingAreaSource: Assessor
  • Interior Features:Central Air: Yes
  • Basement:None-Slab on Grade: Yes
  • Interior Features:Cable TV: Yes
  • Interior Features:Cable Internet Available: Yes
  • Interior Features:Main Floor Utilities2: Yes

Exterior Features

  • Lot Features: Level
  • View: None
  • Construction Type: Vinyl, Frame
  • Exterior Features: Open Patio, Sprinkler System - Back, Sprinkler System - Front
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exterior Features:Open Patio: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Sprinkler System - Back: Yes
  • Exterior Features:Sprinkler System - Front: Yes

Garage/Parking

  • General Property Description:Garage Stall2: 2 Car

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Central Valley - 356

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Additional Parcels Description: 45151.2204
  • Parcel #: 45151.2204
  • Zoning: Multi-family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4251.19
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Admasu Girma G
Bought by
Gesese Fireweyin and Gesese Girma G
Current Estimated Value
$636,854

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 10, 2022
Sold by
Vista Construction & Development Llc
Bought by
Admasu Girma G
Seller's Agent
Lisa Dillon
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Non-MLS Broker
Non-MLS Office
List Price
$575,000
Sold Price
$610,000
Premium/Discount to List
$35,000
6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$457,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Conard John C and Conard Kelly A
Bought by
Vista Construction & Development Llc
Source: Public Records

Similar Homes in the area

  • 310 S Union Rd Unit 312, Spokane Valley, WA 99206

    $610,000

    • 8 Beds
    • 4 Baths
    • 3,078 Sq Ft
    • 310 S Union Rd
    • Unit 312
    • Spokane Valley, WA

    Excellent Rental Income Opportunity in Spokane Valley! This well-maintained duplex offers two spacious 3 bed, 2.5 bath units with over 1,500 sqft each. Ideal for investors or house hackers—live in one side and rent the other, or lease both for steady cash flow. Each unit features main floor living, a large open layout, and an upstairs bonus space perfect for a home office, game room, or potential

    Tiffany Ferraro Amplify Real Estate Services

    Section Image
  • 13803 E Rich Ave, Spokane Valley, WA 99216

    $774,900

    • 8 Beds
    • 4 Baths
    • 13803 E Rich Ave
    • Spokane Valley, WA

    2024-built duplex! Searching for a great opportunity to have an investment property? Each side of this beautiful duplex has 4 beds, 2 baths and a 2 car garage. The kitchen is the heart of the home and has stainless steel appliances, beautiful cabinetry, a free standing stove, microwave, dishwasher and refrigerator. The slide opens on to a private deck, finished and partially fenced back yard! All

    Blythe Thimsen Windermere City Group

    Section Image
  • 1227 N Coach Dr, Spokane Valley, WA 99016

    $765,000

    • 6 Beds
    • 4 Baths
    • 3,020 Sq Ft
    • 1227 N Coach Dr
    • Spokane Valley, WA

    2022 Built Duplex conveniently located in the Spokane Valley on a dead-end street. Building fully leased up. Beautiful modern designed units with 3 bedroom, 2 bath and attached 2 car garages each. Huntwood cabinets with soft close doors, LVP flooring in the main traffic areas and hard surface counters throughout. Stainless-steel kitchen appliances included as well as washer and dryers in unit.

    Steve Jones Windermere Valley

    Section Image
  • 17121 E Boone Ave, Spokane Valley, WA 99016

    $765,000

    • 6 Beds
    • 6 Baths
    • 17121 E Boone Ave
    • Spokane Valley, WA

    2022 Built Duplex conveniently nestled in the Spokane Valley. These are beautiful townhome style with attached 2 car garages each unit. All stainless kitchen appliances included. Washer and dryers in units and included. Modern style finishes with Huntwood cabinets and LVP flooring. Large primary suite with walk in closet and private bathroom. These are the perfect duplexes for your investment

    Steve Jones Windermere Valley

    Section Image
  • 624 N Herald Rd Unit 2, Spokane Valley, WA 99206

    $525,000

    • 6 Beds
    • 5 Baths
    • 4,200 Sq Ft
    • 624 N Herald Rd
    • Unit 2
    • Spokane Valley, WA

    This is a great investment opportunity in the Central Valley School District.  This duplex has been completely remodeled and is move-in ready!  Updates include new kitchen cabinets, quartz countertops, LVP flooring, fresh interior/exterior paint, new bathroom fixtures, new hot water tanks, and new driveways.  The roof was replaced in 2019.  622 (unit 2) has a basement outside entrance that leads

    Phil Konynenbelt Plese Realty LLC

    Section Image
  • 9820 E Knox Ave, Spokane Valley, WA 99206

    $755,000

    • 6 Beds
    • 4 Baths
    • 3,480 Sq Ft
    • 9820 E Knox Ave
    • Spokane Valley, WA

    Stunning Modern Duplex – 9820 E Knox & 2121 N Woodruff Av Motivated Seller! Incredible investment opportunity or multi-generational living, beautifully designed duplex. It features two spacious units, each boasting three bedrooms & 2 bathrooms in just under 1,800 sq. ft. of high-end living space. Step into gorgeous kitchens with walk-in pantries, stainless steel appliances, and custom woodwork

    Lorrie Burnworth eXp Realty, LLC

    Section Image
  • 9614 E Nixon Ln Unit 9616, Spokane Valley, WA 99206

    $729,000

    • 6 Beds
    • 6 Baths
    • 2,956 Sq Ft
    • 9614 E Nixon Ln
    • Unit 9616
    • Spokane Valley, WA

    Fantastic investment opportunity for duplex residence. For the first time since built, these near new duplexes are available. Newly built in2023 with nice finishes. Entertain on the main floor with all the bedrooms on the upper floor. Each side has LVP flooring, full amenity kitchen, turf back yard with privacy fencing and a 2 car garage.

    Chris Di Cicco Keller Williams Realty Coeur d

    Section Image
  • 9618 E Nixon Ln Unit 9620, Spokane Valley, WA 99206

    $729,000

    • 6 Beds
    • 6 Baths
    • 2,956 Sq Ft
    • 9618 E Nixon Ln
    • Unit 9620
    • Spokane Valley, WA

    Fantastic investment opportunity for duplex residence. For the first time since built, these near new duplexes are available. Newly built in2023 with nice finishes. Entertain on the main floor with all the bedrooms on the upper floor. Each side has LVP flooring, full amenity kitchen, turf back yard with privacy fencing and a 2 car garage.

    Chris Di Cicco Keller Williams Realty Coeur d

    Section Image
  • 2715 N Boeing Rd, Spokane, WA 99206

    $699,000

    • 6 Beds
    • 4 Baths
    • 3,006 Sq Ft
    • 2715 N Boeing Rd
    • Spokane, WA

    Don't miss this incredible investment opportunity! This beautifully designed duplex features 3 bedrooms and 2.5 bathrooms in each unit, offering spacious and comfortable living. Both units are currently rented at competitive market rates, providing immediate cash flow. Located in the heart of Millwood, you'll enjoy easy access to shopping, dining, and more. Plus, there’s ample space at the back

    Mike Helmberger eXp Realty, LLC

    Section Image
See All Homes in Spokane Valley

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gesese Fireweyin -- None Listed On Document
Admasu Girma G -- First American Title
Admasu Girma G $313 First American Title
Vista Construction & Development Llc $46,000 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Admasu Girma G $457,500
Previous Owner Vista Construction & Development Llc $264,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $610,000 +6.1% $257 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $575,000 -- $242 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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
2024 $5,948 $554,300 $70,000 $484,300
2023 $4,700 $589,900 $70,000 $519,900
2022 $4,431 $486,100 $60,000 $426,100
2021 $4,251 $339,000 $44,000 $295,000
2020 $3,867 $312,800 $40,000 $272,800
2019 $3,542 $299,000 $37,800 $261,200
2018 $3,705 $259,900 $35,000 $224,900
2017 $2,852 $202,500 $32,000 $170,500
2016 $3,099 $213,800 $32,000 $181,800
2015 $2,940 $199,100 $32,000 $167,100
2014 -- $194,900 $32,000 $162,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Dillon

    Coldwell Banker Schneidmiller Realty

    (509) 701-7422

    4 in this area

    79 Total Sales

    Lisa Dillon
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Broker

    Non-MLS Office

See All Agents

Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 22-832

Coeur d

APN: 45151.2204

Washington Spokane County Spokane Valley 99216 Opportunity

1515 N Mamer Rd, Spokane Valley, WA

This home is located at 1515 N Mamer Rd, Spokane Valley, WA 99216 since 10 February 2022 and is currently estimated at $636,854, approximately $267 per square foot. This property was built in 2007. 1515 N Mamer Rd is a home located in Spokane County with nearby schools including Broadway Elementary School, North Pines 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.

Coeur d 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.
Information is deemed reliable but not guaranteed.

Nearby Homes