NOT LISTED FOR SALE

1622 S Progress Rd Spokane Valley, WA 99037

Estimated Value: $503,993 - $636,000

6 Beds
4 Baths
3,098 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $177,000 $57 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,355/month

56 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Attached Garage
  • Level Lot
  • Sunrise Elementary School Rated A-
  • Community Deck or Porch
  • Heating Available

About This Home

As of December 2015

Duplex in great valley location! Roomy 3 bedroom, 1-3/4 bath with family room. 1 car garage. Needs a little TLC, but a great investment opportunity.

Last Agent to Sell the Property

Glen Scott

Windermere Valley License #109063 Listed on: 08/19/2015

Last Buyer's Agent

Mike Eichorn

eXp Realty, LLC License #80274

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking

Home Design

  • Hardboard

Interior Spaces

  • 3,098 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Evergreen Middle School
  • Central Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 45261.0211

Community Details

Overview

  • 2 Units
  • Vera Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1977
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, None
  • Co List Office Phone: 509-928-1991
  • MLS Status: Sold
  • Subdivision Name: Vera
  • Architectural Style: Rancher
  • Reso Structure Type: Two Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry
  • Appliances: Built-In Range/Oven, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Under Building

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric, Ductless
  • NumberOfRanges: 2

Schools

  • Elementary School: Sunrise
  • High School: Central Valley
  • Middle Or Junior School: Evergreen

Lot Info

  • Parcel Number: 45261.0211
  • Lot Size Sq Ft: 10815

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Nov 13, 2015
Sold by
Bowerman David W and Bowerman Karen S
Bought by
Sperline Alan and Sperline Pamela
Seller's Agent
Glen Scott
Windermere Valley
Buyer's Agent
Mike Eichorn
eXp Realty, LLC
List Price
$191,900
Sold Price
$177,000
Premium/Discount to List
-$14,900
-7.76%
Current Estimated Value
$560,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,998
Avg. Annual Appreciation
12.14%
Original Mortgage
$123,900
Outstanding Balance
$97,188
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$463,810

Purchase Details

Closed on
Sep 23, 2005
Sold by
Peck Lillian L
Bought by
Bowerman David W and Bowerman Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1996
Sold by
Curtiss Thomas R and Curtiss Janet
Bought by
Peck Lillian L and Bowerman David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sperline Alan $177,000 First American Title Ins Co
Bowerman David W $29,807 Spokane County Title Co
Peck Lillian L $125,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sperline Alan $123,900
Previous Owner Bowerman David W $112,000
Previous Owner Peck Lillian L $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $177,000 -7.8% $57 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $191,900 -- $62 / 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 $5,065 $474,900 $85,000 $389,900
2024 $5,065 $469,700 $85,000 $384,700
2023 $4,399 $466,700 $82,000 $384,700
2022 $2,794 $453,900 $75,000 $378,900
2021 $2,790 $220,100 $40,000 $180,100
2020 $2,544 $203,400 $40,000 $163,400
2019 $2,336 $194,900 $40,000 $154,900
2018 $2,657 $184,800 $40,000 $144,800
2017 $2,461 $174,000 $40,000 $134,000
2016 $2,945 $202,900 $40,000 $162,900
2015 $2,769 $187,200 $40,000 $147,200
2014 -- $177,400 $40,000 $137,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Glen Scott

    Windermere Valley

    Section Image

  • M

    Buyer's Agent in 2015

    Mike Eichorn

    eXp Realty, LLC

    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201523404

Spokane Association of REALTORS®

APN: 45261.0211

Washington Spokane County Spokane Valley 99037

1622 S Progress Rd, Spokane Valley, WA

Not Listed for Sale

MultiFamily

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.

Spokane Association of REALTORS® 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