NOT LISTED FOR SALE

1515 N Mamer Rd Spokane Valley, WA 99216

Opportunity Neighborhood

Estimated Value: $599,000 - $694,000

8 Beds
4 Baths
2,378 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 28, 2022

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

Est. 6% increase in value since last sale

Current estimated payment $4,020/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
  • General Property Description:Lot Acres2: 0.25
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: Multi-family
  • Legal and Taxes:Tax Year2: 2020
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: No
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Sgl Level
  • General Property Description:Remodeled: No
  • General Property Description:New Construction: No
  • Foundation:Concrete: Yes
  • Exterior:Vinyl: Yes
  • Roof:Comp Shingle: Yes
  • Fuel:Gas: Yes
  • General Property Description:Total SqFt2: 2378.0
  • 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
$643,758

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
1.28%
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

Range of Values:

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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
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
2025 $5,948 $569,400 $80,000 $489,400
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

    75 Total Sales

    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 $660,856, approximately $277 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.

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