NOT LISTED FOR SALE

206 S Rees Ct Spokane Valley, WA 99216

Estimated Value: $599,000 - $1,247,000

6 Beds
6 Baths
3,100 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $355,000 $115 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,201/month

14 Days on Market

Highlights

  • 0.63 Acre Lot
  • Fenced Yard
  • Cul-De-Sac
  • Contemporary Architecture
  • Oversized Lot
  • 2 Car Attached Garage

About This Home

As of November 2018

Don't look at year built on this amazing duplex. South unit is a ground up rebuild, north is a top to bottom remodel. New roof, concrete fiber siding, windows, floors, decks, railings, gas furnaces, central air, quartz counter tops & tile in kitchen and baths, etc. All items are top shelf! This is a must see! Amazing price for value. Bring your pickiest buyers wont last long. Great investment to live in one side & rent other.

Last Agent to Sell the Property

Robin Henspeter

Coldwell Banker Tomlinson License #109490 Listed on: 09/28/2018

Last Buyer's Agent

Jake Schroeder

eXp Realty, LLC Branch License #120922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,005

Year Built

  • Built in 1979

Lot Details

  • 0.63 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Oversized Lot
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Schools

  • Evergreen Middle School
  • Central Valley High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 45232.1507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,005

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Level, Cul-De-Sac, Oversized Lot, Irregular Lot
  • Lot Size Acres: 0.63
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, None
  • Co List Office Phone: 509-467-7400
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Windows Vinyl, Multi Pn Wn
  • Reso Structure Type: Duplex
  • Master Plan Zoning: MFR
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Partial, Finished
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Kit Island
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Fiber Cement

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • NumberOfRanges: 2

Schools

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

Lot Info

  • Parcel Number: 45232.1507
  • Lot Size Sq Ft: 27460

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3005
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Nov 2, 2018
Sold by
Exceptional Renovations Llc
Bought by
Esselbach Matthew and Esselbach Joice
Seller's Agent
Robin Henspeter
Coldwell Banker Tomlinson
Buyer's Agent
Jake Schroeder
eXp Realty, LLC Branch
List Price
$380,000
Sold Price
$355,000
Premium/Discount to List
-$25,000
-6.58%
Current Estimated Value
$851,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,581
Avg. Annual Appreciation
13.46%
Original Mortgage
$301,750
Outstanding Balance
$264,786
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$586,795

Purchase Details

Listed on
Jan 30, 2018
Closed on
Feb 15, 2018
Sold by
Powell Donna M and Whitmore Living Trust Dated October 22 1
Bought by
Exceptional Renovations Llc
Seller's Agent
Kaya Kennedy
Keller Williams Spokane - Main
Buyer's Agent
Robin Henspeter
Coldwell Banker Tomlinson
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
430.53%

Purchase Details

Closed on
Oct 22, 1996
Sold by
Whitmore Larry
Bought by
Whitmore Larry L and Whitmore Living Trust
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
Esselbach Matthew $355,000 Spokane County Title Co
Exceptional Renovations Llc -- First American Title
Whitmore Larry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esselbach Matthew $301,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2018 11/09/18 Sold $355,000 -6.6% $115 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $380,000 +261.9% $123 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
02/16/2018 02/16/18 Sold $105,000 0.0% $34 / Sq Ft View Prior Sale
02/04/2018 02/04/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $105,000 -- $34 / 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 $8,227 $752,400 $120,000 $632,400
2024 $8,227 $772,700 $110,000 $662,700
2023 $6,792 $730,600 $90,000 $640,600
2022 $6,507 $710,000 $85,000 $625,000
2021 $5,093 $407,500 $70,000 $337,500
2020 $4,338 $351,750 $63,250 $288,500
2019 $4,057 $343,450 $63,250 $280,200
2018 $3,005 $209,730 $54,630 $155,100
2017 $2,832 $201,030 $54,630 $146,400
2016 $921 $59,630 $54,630 $5,000
2015 $2,494 $168,080 $48,880 $119,200
2014 -- $168,080 $48,880 $119,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201825229

Spokane Association of REALTORS®

APN: 45232.1507