NOT LISTED FOR SALE

602 & 604 N Virginia Ct Spokane Valley, WA 99216

Opportunity Neighborhood

Estimated Value: $510,000 - $733,000

6 Beds
4 Baths
4,660 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $591,000 $127 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,731/month

2 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Cul-De-Sac
  • Territorial View
  • No HOA
  • Patio

About This Home

As of June 2022

Investors! Don't miss out on this amazing deal! Large, well maintained duplex in Spokane Valley in the Central Valley School
District. At over 4,600 SF total, each unit boasts 3 bedrooms, 2 bathrooms each with large living rooms, spacious kitchens,
fireplaces, private backyards and attached 1 car garages. The exterior has recently been painted. Unit 604 ($1,450/month, month
to month) is slightly larger and has forced air HVAC, 1 car garage and carport. Unit 602 ($1,400/month, month to month) has
recent updates, baseboard heat, a wall AC, and a one car garage. Predetermined showing times - Friday 4/29 - 3 - 5 pm, Saturday
4/30 - 9:30 am to 12 pm, Sunday 5/1 - 2:30 to 5 pm. Appointment required.

Last Agent to Sell the Property

Scott Kramer

Coldwell Banker Schneidmiller Realty License #SP49699 Listed on: 04/28/2022

Coldwell Banker Schneidmiller Realty

Co-Listed By

Dani Kramer

Coldwell Banker Schneidmiller Realty License #SP34643

Last Buyer's Agent

Stuart Prey

Prime Real Estate Group License #SP49635

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers

Home Design

  • Duplex
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,660 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Territorial Views

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 15153.4613

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,395

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • Co List Office Mls Id: CBS
  • Co List Office Phone: 800-829-2555
  • Subdivision Name: N/A
  • Directions: I-90 to Pines, South on Pines, East on Broadway, South on McDonald, West on Alki, Property is on the corner of Alki and Virginia Court
  • Architectural Style: Sgl Level
  • Year Built: 1970
  • General Property Description:Lot Acres2: 0.32
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: RES
  • Legal and Taxes:Tax Year2: 2021
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: Unknown
  • View:Territorial: Yes
  • Road Paved: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Sgl Level
  • General Property Description:New Construction: No
  • Fuel:Electric: Yes
  • Bsmt:Full Size: Yes
  • Percent Basement Finished: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • Water:Community System2: Yes
  • Exterior:Wood2: Yes
  • General Property Description:Total SqFt2: 4660.0
  • Special Features: None

Interior Features

  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Interior Amenities: Central Air, Fireplace Insert, Wall Unit(s), Main Floor Utilities
  • Living Area: 4660.0
  • ResoLivingAreaSource: Assessor
  • Interior Features:Central Air: Yes
  • Interior Features:Wall Unit(s): Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Fireplace Insert: Yes
  • Interior Features:Main Floor Utilities2: Yes

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac
  • View: Territorial
  • Construction Type: Wood, Frame
  • Exterior Features: Fencing - Partial, Landscaping, Open Deck, Open Patio, Rain Gutters, Sprinkler System - Back, Sprinkler System - Front
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exterior Features:Landscaping: Yes
  • Exterior Features:Open Deck: Yes
  • Exterior Features:Open Patio: Yes
  • Exterior Features:Rain Gutters: Yes
  • Construction:Frame: Yes
  • Exterior Features:Sprinkler System - Back: Yes
  • Exterior Features:Sprinkler System - Front: Yes
  • Exterior Features:Fencing - Partial: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • General Property Description:Garage Type2: G&CP
  • General Property Description:Garage Stall2: 1 Car

Utilities

  • Heating: Electric, Forced Air, Baseboard, Fireplace(s), Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Community System
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Furnace: Yes
  • Heating:Fireplace2: Yes
  • Utilities Paid By Garbage: Tenant

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Central Valley - 356

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Additional Parcels Description: 45153.4613
  • Parcel #: 15153.4613
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4395.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 3, 2022
Sold by
Sperline and Pam
Bought by
602 Virginia Court Llc
Seller's Agent
Scott Kramer
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Stuart Prey
Prime Real Estate Group
List Price
$555,000
Sold Price
$591,000
Premium/Discount to List
$36,000
6.49%
Current Estimated Value
$613,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,628
Avg. Annual Appreciation
1.13%
Original Mortgage
$443,250
Outstanding Balance
$419,308
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$194,320

Purchase Details

Closed on
Jul 11, 2019
Sold by
Gilbert Brad R and Gilbert Julie A
Bought by
Sperline Alan and Sperline Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2013
Sold by
Gilbert Brad R
Bought by
Gilbert Brad R and Gilbert Julie A
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
602 Virginia Court Llc -- New Title Company Name
Sperline Alan $329,000 Wfg Insured
Gilbert Brad R -- Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 602 Virginia Court Llc $443,250
Previous Owner Sperline Alan $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $591,000 +6.5% $127 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $555,000 -- $119 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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 $5,846 $568,800 $80,000 $488,800
2024 $5,846 $546,000 $70,000 $476,000
2023 $4,728 $560,000 $70,000 $490,000
2022 $4,394 $490,700 $60,000 $430,700
2021 $4,217 $337,400 $44,000 $293,400
2020 $3,869 $314,200 $40,000 $274,200
2019 $3,382 $286,500 $37,800 $248,700
2018 $3,475 $244,500 $35,000 $209,500
2017 $2,678 $190,900 $32,000 $158,900
2016 $2,976 $206,200 $32,000 $174,200
2015 $2,823 $192,000 $32,000 $160,000
2014 -- $188,100 $32,000 $156,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Kramer

    Seller's Agent in 2022

    Scott Kramer

    Coldwell Banker Schneidmiller Realty

    (509) 979-4644

    5 in this area

    63 Total Sales

    Scott Kramer
    Section Image
  • Dani Kramer

    Seller Co-Listing Agent in 2022

    Dani Kramer

    Coldwell Banker Schneidmiller Realty

    (509) 994-3675

    3 in this area

    37 Total Sales

    Dani Kramer
    Section Image
  • Stuart Prey

    Buyer's Agent in 2022

    Stuart Prey

    Prime Real Estate Group

    (509) 679-9208

    3 in this area

    112 Total Sales

    Stuart Prey
    Section Image
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Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 22-3321

Coeur d

APN: 45153.4613

Washington Spokane County Spokane Valley 99206 Opportunity

602 & 604 N Virginia Ct, Spokane Valley, WA

This home is located at 602 & 604 N Virginia Ct, Spokane Valley, WA 99216 since 28 April 2022 and is currently estimated at $613,628, approximately $131 per square foot. This property was built in 1970. 602 & 604 N Virginia Ct is a home located in Spokane County with nearby schools including Broadway Elementary School, North Pines Middle School, and University High School.

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