NOT LISTED FOR SALE

708 N University Rd Unit 710 N. University Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated Value: $393,895 - $460,000

4 Beds
2 Baths
1,620 Sq Ft
$271/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $420,000 $259 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,810/month

15 Days on Market

Highlights

  • Oversized Lot
  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening
  • 2 Car Detached Garage
  • Building Patio
  • Ramp on the main level

About This Home

As of January 2023

Well maintained Spokane Valley duplex priced to sell! Each unit has 2 bedrooms, 1 bathroom and a large living room with a gas fireplace. New water heater. New flooring. Two car garage with storage for both units and plenty of space for parking. Main unit has a large fenced back yard. Extra lot out back with a ton of potential. Great investment!

Last Agent to Sell the Property

Chris Di Cicco

Keller Williams Realty Coeur d License #117901 Listed on: 11/28/2022

Keller Williams Realty Coeur d

Last Buyer's Agent

Steve Jones

Windermere Valley License #121627

Windermere Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 1967

Lot Details

  • 0.37 Acre Lot
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Crawl Space

Kitchen

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Grab Bars
  • Ramp on the main level
  • Ramp on the garage level

Schools

  • Broadway Elementary School
  • North Pines Middle School
  • University High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 45163.0176

Community Details

Overview

  • 2 Units

Amenities

  • Building Patio
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,205

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Accessibility: Grab Bars, Ramp/Lvl Entrance, Ramp/Lvl from Gar
  • Class: Rental Income
  • Year Built: 1967
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 11/28/2022
  • Common Interest Community: No
  • Geo Address Line: 708 N University Rd
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/28/2022 8:27:23 PM
  • Geo Zoom Level: 15
  • Sr High: University
  • Year Renovated: 2022
  • Jr High: North Pines
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1620
  • Price Per Sq Ft: 259.26
  • Number of Stories: 1
  • Basement: Crawl
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: 1st Flr
  • Features: Breakers, 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Brk Accent
  • Roof: Flat

Garage/Parking

  • Garage Parking: Detached, Opener, Off St Prkg
  • Garage Size: 2
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Elec, Basebd, Hotwtr, Wall A/C
  • Power Company: Modern
  • Water Company: Modern

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Gas Hot Wtr, Cable Internet

Schools

  • School District: Central Valley
  • Elementary School: Broadway
  • Middle School: North Pines
  • High School: University
  • School District: Central Valley
  • Elementary School: Broadway

Lot Info

  • Acres Mol: 0.37
  • Estimated Lot Sq Ft: 16117
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Bus Rt, Oversized
  • Parcel Number: 45163.0176
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 3205.30

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
Nov 28, 2022
Closed on
Jan 8, 2023
Sold by
Ramos Ronny Mesias Merchan
Bought by
Parker Joshua
Seller's Agent
Chris Di Cicco
Keller Williams Realty Coeur d
Buyer's Agent
Steve Jones
Windermere Valley
List Price
$415,900
Sold Price
$420,000
Premium/Discount to List
$4,100
0.99%
Total Days on Market
15
Views
4
Current Estimated Value
$438,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,724
Avg. Annual Appreciation
1.83%
Original Mortgage
$412,392
Outstanding Balance
$401,565
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$37,160

Purchase Details

Closed on
Oct 10, 2020
Sold by
Frazier Gregory and Frazier Harry E
Bought by
Merchan Ramos Ronny Mesias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,130
Interest Rate
2.8%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Parker Joshua -- Vista Title And Escrow Llc
Merchan Ramos Ronny Mesias $310,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Joshua $412,392
Previous Owner Merchan Ramos Ronny Mesias $317,130
Previous Owner Frazier Harry E $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $420,000 +1.0% $259 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $415,900 0.0% $257 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $415,900 -- $257 / 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
2024 $4,166 $383,500 $76,000 $307,500
2023 $3,343 $373,750 $71,250 $302,500
2022 $3,206 $340,900 $66,500 $274,400
2021 $2,362 $185,340 $32,540 $152,800
2020 $1,002 $169,540 $32,540 $137,000
2019 $1,844 $152,390 $30,590 $121,800
2018 $971 $141,990 $30,590 $111,400
2017 $907 $134,990 $30,590 $104,400
2016 $816 $117,890 $29,290 $88,600
2015 $808 $114,890 $29,290 $85,600
2014 -- $111,890 $29,290 $82,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202225629

Spokane Association of REALTORS®

APN: 45163.0176