NOT LISTED FOR SALE

312 S Blake Rd Unit 314 S Blake Rd. Spokane Valley, WA 99216

Opportunity Neighborhood

Estimated Value: $651,000 - $1,036,000

6 Beds
5 Baths
3,564 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $649,000 $182 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,494/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Building Patio
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Walk-In Closet
  • Breakfast Bar

About This Home

As of April 2022

What a great investment opportunity with this newer, well built clean duplex which has been continuously rented. Each unit has a spacious kitchen, granite counters, stainless appliances and an open flowing floor plan. Offering almost 1800' of living space with 3 bedrooms, 2.5 baths and room upstairs for an office, game area, etc. With separate fenced yards, a patio and lots of parking space your tenants will love living here. Or consider owner occupying one side and renting the other to help with your mortgage payment. Conveniently located with easy access to all Spokane and Spokane Valley have to offer.

Last Agent to Sell the Property

Jane Reilly

Real Estate Marketplace NW,Inc License #84901 Listed on: 01/14/2022

Co-Listed By

Loretta Huss

Real Estate Marketplace NW,Inc License #116162

Last Buyer's Agent

Bob Cooke

R.H. Cooke & Associates License #12404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,889

Year Built

  • Built in 2008

Lot Details

  • 10,454 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Hardboard

Interior Spaces

  • 3,564 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Walk-In Closet

Schools

  • Mcdonald Elementary School
  • Evergreen Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service

Community Details

  • 2 Units
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 45221.9239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,889

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd
  • Class: Rental Income
  • Excluded Items: tennants personal belongings, washer/dryers
  • Year Built: 2008
  • Style Of Construction: 2 Story
  • Lvt Date: 01/14/2022
  • Common Interest Community: No
  • Geo Address Line: 312 S Blake Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/14/2022 10:24:16 PM
  • Geo Zoom Level: 17
  • Sr High: University
  • Jr High: Evergreen
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 3564
  • Price Per Sq Ft: 182.1
  • Number of Stories: 2
  • Basement: Crawl
  • Special Features: Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Eat Bar
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave
  • Primary Bedroom: Wlkin Clst, 2nd Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Hardboard
  • Roof: Comp

Garage/Parking

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

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: Vera

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Central Valley
  • Elementary School: McDonald
  • Middle School: Evergreen
  • High School: University
  • School District: Central Valley
  • Elementary School: McDonald

Lot Info

  • Acres Mol: 0.24
  • Estimated Lot Sq Ft: 10454
  • Lot Information: Fncd Bk Yd, Spr Sys
  • Parcel Number: 45221.9239
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 5889

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 28, 2022
Sold by
Ruthmary Llc
Bought by
Labrenz Steven J
Seller's Agent
Jane Reilly
Real Estate Marketplace NW,Inc
Buyer's Agent
Bob Cooke
R.H. Cooke & Associates
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$758,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,849
Avg. Annual Appreciation
4.48%
Original Mortgage
$551,650
Outstanding Balance
$516,341
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$242,509

Purchase Details

Closed on
Aug 14, 2014
Sold by
The United States Marshals Service
Bought by
Ruthmary Llc

Purchase Details

Closed on
Sep 20, 2008
Sold by
Lonsky Paul and Lonsky Anna
Bought by
Yim Drew and Yim Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2008
Sold by
Lonsky Paul
Bought by
Lonsky Paul and Secrieriu George

Purchase Details

Closed on
Dec 12, 2007
Sold by
Schiller Thomas A and Schiller Sally Jo
Bought by
Lonsky Paul
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
Labrenz Steven J -- Vista Title And Escrow Llc
Ruthmary Llc $248,000 Spokane County Title Co
Yim Drew $200,000 Stewart Title Of Spokane
Lonsky Paul -- Transnation Title Ins Co
Lonsky Paul $90,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labrenz Steven J $551,650
Previous Owner Yim Drew $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2022 04/04/22 Sold $649,000 0.0% $182 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $649,000 -- $182 / 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 $6,165 $539,100 $100,000 $439,100
2024 $6,165 $575,100 $95,000 $480,100
2023 $5,777 $605,100 $85,000 $520,100
2022 $5,462 $601,300 $80,000 $521,300
2021 $4,958 $396,500 $60,000 $336,500
2020 $4,539 $368,400 $70,000 $298,400
2019 $4,336 $367,530 $100,630 $266,900
2018 $4,552 $320,600 $91,000 $229,600
2017 $4,103 $293,900 $70,000 $223,900
2016 $3,962 $274,900 $70,000 $204,900
2015 $3,727 $253,900 $70,000 $183,900
2014 -- $296,250 $57,750 $238,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jane Reilly

    Real Estate Marketplace NW,Inc

    (509) 951-1143

    1 in this area

    63 Total Sales

    Jane Reilly
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Loretta Huss

    Real Estate Marketplace NW,Inc

    Section Image
  • Bob Cooke

    Buyer's Agent in 2022

    Bob Cooke

    R.H. Cooke & Associates

    (509) 998-0808

    4 in this area

    135 Total Sales

    Bob Cooke
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202210445

Spokane Association of REALTORS®

APN: 45221.9239

Washington Spokane County Spokane Valley 99216 Opportunity

312 S Blake Rd Unit 314 S Blake Rd., Spokane Valley, WA

This home is located at 312 S Blake Rd Unit 314 S Blake Rd., Spokane Valley, WA 99216 since 14 January 2022 and is currently estimated at $758,849, approximately $212 per square foot. This property was built in 2008. 312 S Blake Rd Unit 314 S Blake Rd. is a home located in Spokane County with nearby schools including McDonald 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.

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.

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