NOT LISTED FOR SALE

523 S University Rd Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated Value: $256,000 - $360,000

5 Beds
2 Baths
1,532 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $80,000 $52 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $1,930/month

147 Days on Market

Highlights

  • Territorial View
  • 2 Car Attached Garage
  • 1-Story Property
  • Corner Lot
  • Cooling Available
  • Wood Siding

About This Home

As of July 2019

Corner lot on University Ave. Tear down and build. Possible conversion to commercial mixed use like neighboring properties have done. Large and flat, currently has 4 plex.

Last Agent to Sell the Property

Angela Heit

Flat List RE License #18124 Listed on: 01/29/2019

Last Buyer's Agent

Rori Murphy

Windermere Valley License #132299

Windermere Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,856

Year Built

  • Built in 1945

Lot Details

  • 10,438 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Territorial Views

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 452121222

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,856

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1945
  • Lvt Date: 01/29/2019
  • Common Interest Community: No
  • Geo Address Line: 523 S University Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/30/2019 2:51:15 AM
  • Geo Zoom Level: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bathrooms: 2
  • Bedrooms: 0

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Off St Prkg
  • Garage Size: 2

Utilities

  • Heating/Cooling: Elec

Schools

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

Lot Info

  • Acres Mol: 0.24
  • Estimated Lot Sq Ft: 10438
  • Loc Dir E W: e
  • Loc Numberblk E W: 108
  • Loc Numberblks N S: 4
  • Estimated Lot Dimension Depth: 150
  • Estimated Lot Dimension Front: 78
  • Lot Information: Level, Corner
  • Lot View: Territorial
  • Parcel Number: 452121222
  • Site Improvements: Swr Conn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Liu and Shengxiu
Bought by
Cabrera Felix
Current Estimated Value
$322,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$246,064
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$76,543

Purchase Details

Listed on
Jan 29, 2019
Closed on
Jun 28, 2019
Sold by
Rankich Greg
Bought by
Liu Changyu and Li Shengxiu
Seller's Agent
Angela Heit
Flat List RE
Buyer's Agent
Rori Murphy
Windermere Valley
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.64%

Purchase Details

Listed on
Mar 29, 2016
Closed on
Feb 8, 2017
Sold by
Hsbc Bank Usa National Association
Bought by
Rankich Greg
Seller's Agent
W. David Osborne
Real Home Services & Solutions
Buyer's Agent
MISC MISC
NON MLS
List Price
$149,460
Sold Price
$77,629
Premium/Discount to List
-$71,831
-48.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Mar 1, 2016
Sold by
Heesh Leland A and Heesh Mary E
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Apr 8, 1996
Sold by
Heesh Leland A
Bought by
Heesh Leland A and Heesh Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,900
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Cabrera Felix $250,000 First American Title
Liu Changyu $80,000 First American Title Ins Co
Rankich Greg $74,000 None Available
Hsbc Bank Usa $145,000 None Available
Heesh Leland A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Felix $260,000
Previous Owner Heesh Leland A $60,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2019 07/03/19 Sold $80,000 -11.1% $52 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $90,000 -9.9% $59 / Sq Ft
01/29/2019 01/29/19 For Sale $99,900 +28.7% $65 / Sq Ft
03/02/2017 03/02/17 Sold $77,629 -48.1% $51 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
03/29/2016 03/29/16 For Sale $149,460 -- $98 / 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 $2,856 $296,500 $100,000 $196,500
2024 $2,856 $259,400 $90,000 $169,400
2023 $2,167 $241,500 $80,000 $161,500
2022 $889 $216,600 $56,000 $160,600
2021 $847 $65,000 $42,000 $23,000
2020 $783 $60,800 $37,800 $23,000
2019 $1,016 $84,000 $40,000 $44,000
2018 $1,075 $74,000 $30,000 $44,000
2017 $1,852 $132,100 $30,000 $102,100
2016 $1,827 $126,300 $30,000 $96,300
2015 $1,807 $122,800 $30,000 $92,800
2014 -- $118,600 $30,000 $88,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Angela Heit

    Flat List RE

    Section Image
  • Rori Murphy

    Buyer's Agent in 2019

    Rori Murphy

    Windermere Valley

    (509) 828-5535

    6 in this area

    70 Total Sales

    Rori Murphy
    Section Image

  • W

    Seller's Agent in 2017

    W. David Osborne

    Real Home Services & Solutions

  • M

    Buyer's Agent in 2017

    MISC MISC

    NON MLS

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 201911159

Spokane Association of REALTORS®

APN: 45212.1222

Washington Spokane County Spokane Valley 99206 Opportunity

523 S University Rd, Spokane Valley, WA

This home is located at 523 S University Rd, Spokane Valley, WA 99206 since 29 January 2019 and is currently estimated at $322,607, approximately $210 per square foot. This property was built in 1945. 523 S University Rd is a home located in Spokane County with nearby schools including Opportunity 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.

Nearby Homes