NOT LISTED FOR SALE

1604 S Progress Rd Spokane Valley, WA 99037

Estimated Value: $465,000 - $687,000

6 Beds
4 Baths
3,100 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $530,000 $171 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,471/month

Highlights

  • Territorial View
  • Family Room Off Kitchen
  • Cooling Available
  • Sunrise Elementary School Rated A-
  • 1 Car Attached Garage
  • Breakfast Bar

About This Home

As of March 2022

Spacious duplex in the Spokane Valley with solid rental history! Great floor plan with 3bd, 2 baths, single car attached garage, appliances, deck to backyard with sprinkler system.

Last Agent to Sell the Property

Angela Newcomb

EXIT Real Estate Professionals License #102150 Listed on: 02/23/2022

EXIT Real Estate Professionals

Last Buyer's Agent

Tye Scott

Avalon 24 Real Estate License #134675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1977

Lot Details

  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Free-Standing Range

Basement

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

Utilities

  • Cooling Available
  • Baseboard Heating

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45261.0209

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,924

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenant items
  • Year Built: 1977
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 02/27/2022
  • Common Interest Community: No
  • Geo Address Line: 1604 S Progress Rd # 06
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/28/2022 6:48:29 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 3100
  • Price Per Sq Ft: 170.97
  • Basement: Full, Daylight, Fam/Rec Rm, Lndry
  • Dining Room: Informal, Eat Bar
  • Family/Recreation Room: Outside Ent, Bsmt, 1st Flr, Off Kit
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 1
  • Number Garages: 2

Utilities

  • Heating/Cooling: Elec, Basebd

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Central Valley
  • School District: Central Valley

Lot Info

  • Lot Information: Spr Sys
  • Lot View: Territorial
  • Parcel Number: 45261.0209
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 2924

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
Feb 23, 2022
Closed on
Mar 21, 2022
Sold by
Budinski Residential Llc
Bought by
Nichols Matthew
Seller's Agent
Angela Newcomb
EXIT Real Estate Professionals
Buyer's Agent
Tye Scott
Avalon 24 Real Estate
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$569,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,643
Avg. Annual Appreciation
2.05%
Original Mortgage
$450,500
Outstanding Balance
$422,034
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$147,609
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
Nichols Matthew $530,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Matthew $450,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $530,000 0.0% $171 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $530,000 -- $171 / 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 $5,413 $500,900 $85,000 $415,900
2024 $5,413 $503,000 $85,000 $418,000
2023 $4,706 $500,000 $82,000 $418,000
2022 $2,924 $486,700 $75,000 $411,700
2021 $2,916 $230,400 $40,000 $190,400
2020 $2,602 $208,200 $40,000 $168,200
2019 $2,391 $199,600 $40,000 $159,600
2018 $2,963 $206,700 $40,000 $166,700
2017 $2,790 $198,000 $40,000 $158,000
2016 $2,973 $204,900 $40,000 $164,900
2015 $2,795 $189,000 $40,000 $149,000
2014 -- $179,100 $40,000 $139,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202211769

Spokane Association of REALTORS®

APN: 45261.0209