NOT LISTED FOR SALE

5412 W Navaho Ave Unit 5416 W Navaho Ave Spokane, WA 99208

North Indian Trail Neighborhood

Estimated Value: $569,000 - $634,000

6 Beds
4 Baths
4,258 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $525,000 $123 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,670/month

32 Days on Market

Highlights

  • Wood Burning Stove
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Eat-In Kitchen
  • Dining Room

About This Home

As of November 2022

Don't miss this FANTASTIC INVESTMENT in the Indian Trail area! This HUGE duplex offers nearly 2,200 finished square feet IN EACH UNIT, complete with attached garages and private yard space. It is currently being rented well below market with short-term leases, presenting a fabulous opportunity for the buyer who would like to owner-occupy one side while generating rental income with the other. Extra detached garage offers potential for additional rental income, as well. Possibilities for updating abound, but this well-maintained property represents an amazing value at this price.

Last Agent to Sell the Property

Tracy Penna

Windermere North License #100098 Listed on: 09/30/2022

Last Buyer's Agent

Rebecca Flaherty

John L Scott, Spokane Valley License #22011792

John L Scott, Spokane Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 1977

Lot Details

  • 0.33 Acre Lot
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 4,258 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher
  • Disposal

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Schools

  • Woodridge Elementary School
  • Salk Middle School
  • Shadle Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 26153.0533

Community Details

Overview

  • 2 Units
  • Sundance Hills Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,604

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1977
  • Style Of Construction: 1 Story
  • Lvt Date: 09/30/2022
  • Common Interest Community: No
  • Geo Address Line: 5412 W Navaho Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/30/2022 9:25:06 PM
  • Geo Zoom Level: 15
  • Sr High: Shadle Park
  • Jr High: Salk
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Subdivision/Development: Sundance Hills
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 4258
  • Price Per Sq Ft: 123.3
  • Number of Stories: 1
  • Basement: Full, Finished, Fam/Rec Rm, Lndry, Outside Entr
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr
  • Features: Breakers
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal
  • Primary Bedroom: 1st Flr
  • Stove: Wood Burn
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Brk Accent, Metal
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Shop Area, Oversized
  • Garage Size: 3
  • Number Garages: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Wall A/C
  • Power Company: Avista
  • Water Company: COS

Condo/Co-op/Association

  • Amenities: Deck, Gas Hot Wtr

Schools

  • School District: Spokane Dist 81
  • Elementary School: Woodridge
  • Middle School: Salk
  • High School: Shadle Park
  • School District: Spokane Dist 81
  • Elementary School: Woodridge

Lot Info

  • Acres Mol: 0.33
  • Estimated Lot Sq Ft: 14204
  • Loc Dir E W: W
  • Loc Numberblk E W: 54
  • Estimated Lot Dimension Depth: 129
  • Estimated Lot Dimension Front: 110
  • Lot Information: Spr Sys, Level, Corner, Oversized
  • Parcel Number: 26153.0533
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 97
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 4603.63
  • Assessor Parcel Number: 26153.0533

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
Sep 30, 2022
Closed on
Nov 17, 2022
Sold by
Ward Charlie M and Ward Cheryl A
Bought by
Nichols David and Nichols Patricia
Seller's Agent
Tracy Penna
Windermere North
Buyer's Agent
Rebecca Flaherty
John L Scott, Spokane Valley
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Views
37
Current Estimated Value
$608,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,752
Avg. Annual Appreciation
4.27%
Original Mortgage
$393,750
Outstanding Balance
$382,716
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$208,442

Purchase Details

Closed on
Aug 8, 2017
Sold by
Payne Steven A and Payne Cherie L
Bought by
Ward Charlie M and Ward Cheryl A

Purchase Details

Closed on
Jan 11, 2005
Sold by
Ferguson Earlene J
Bought by
Payne Steven A and Payne Cherie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Ferguson Earlene J
Bought by
Ferguson Earlene J and E J Ferguson Revocable Living Trust
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 David -- Vista Title And Escrow Llc
Ward Charlie M $313,500 Stewart Title Of Spokane
Payne Steven A $220,000 Stewart Title Of Spokane
Ferguson Earlene J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols David $393,750
Previous Owner Payne Steven A $176,000
Closed Payne Steven A $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $525,000 -4.4% $123 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $549,000 -8.5% $129 / Sq Ft
09/30/2022 09/30/22 For Sale $599,900 -- $141 / 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 $5,317 $543,100 $85,000 $458,100
2024 $5,317 $536,300 $80,000 $456,300
2023 $5,106 $523,400 $80,000 $443,400
2022 $5,106 $522,400 $70,000 $452,400
2021 $4,394 $369,700 $42,500 $327,200
2020 $4,188 $339,400 $42,500 $296,900
2019 $3,825 $320,100 $37,500 $282,600
2018 $4,161 $299,300 $35,000 $264,300
2017 $3,837 $281,000 $35,000 $246,000
2016 $3,959 $283,700 $35,000 $248,700
2015 $3,793 $265,900 $35,000 $230,900
2014 -- $261,000 $35,000 $226,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Penna

    Seller's Agent in 2022

    Tracy Penna

    Windermere North

    (509) 953-6561

    10 in this area

    278 Total Sales

    Tracy Penna
    Section Image

  • R

    Buyer's Agent in 2022

    Rebecca Flaherty

    John L Scott, Spokane Valley

    (509) 768-1082

    2 in this area

    126 Total Sales

    Rebecca Flaherty
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202223530

Spokane Association of REALTORS®

APN: 26153.0533

Washington Spokane County Spokane 99208 North Indian Trail

5412 W Navaho Ave Unit 5416 W Navaho Ave, Spokane, WA

This home is located at 5412 W Navaho Ave Unit 5416 W Navaho Ave, Spokane, WA 99208 since 30 September 2022 and is currently estimated at $608,752, approximately $142 per square foot. This property was built in 1977. 5412 W Navaho Ave Unit 5416 W Navaho Ave is a home located in Spokane County with nearby schools including Woodridge Elementary School, Salk Middle School, and Shadle Park 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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