NOT LISTED FOR SALE

8315 E Knox Ave Spokane Valley, WA 99212

Estimated Value: $263,000 - $312,000

2 Beds
2 Baths
1,040 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $92,200 $89 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $1,724/month

92 Days on Market

Highlights

  • Level Lot
  • Heating Available
  • 1-Story Property

About This Home

As of December 2015

Solid Spokane Valley investment property with high occupancy rates. This property consists of one parcel and one duplex. Units are separately metered for electricity. Zoning would allow one more duplex on this parcel.

Last Agent to Sell the Property

Daniel Dailey

John L Scott, Inc. Brokerage Phone: 509-954-4620 License #26343 Listed on: 06/17/2015

John L Scott, Inc.

Last Buyer's Agent

Joyce Lingo

Windermere Manito, LLC License #113948

Windermere Manito, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1942

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Heating Available

Community Details

  • 2 Units
  • Water Sewer Expense $420

Listing and Financial Details

  • Assessor Parcel Number 45074.9075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,272

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.34
  • Road Frontage Type: City Street, Private Road
  • Reso Association Amenities: None
  • Attribution Contact: Phone: 509-954-4620
  • Co List Office Phone: 509-455-8600
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Stucco, Wood

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Electric
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 420

Schools

  • Elementary School: Seth Woodward
  • High School: West Valley
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 45074.9075
  • Lot Size Sq Ft: 14850

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1272
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Nov 24, 2015
Sold by
Hauge Michael A and Hauge Pandora
Bought by
Hernandez Donovin M
Seller's Agent
Daniel Dailey
John L Scott, Inc.
Buyer's Agent
Joyce Lingo
Windermere Manito, LLC
List Price
$89,900
Sold Price
$92,200
Premium/Discount to List
$2,300
2.56%
Current Estimated Value
$279,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,101
Avg. Annual Appreciation
12.20%
Original Mortgage
$89,122
Outstanding Balance
$71,999
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$209,720

Purchase Details

Closed on
Feb 7, 2006
Sold by
Barnett Brian W and Barnett Cheryl L
Bought by
Hauge Michael A and Hauge Pandora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 25, 2004
Sold by
Relyea George E and Relyea Dorothy M
Bought by
Barnett Brian W and Barnett Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Hernandez Donovin M $92,200 First American Title Ins Co
Hauge Michael A $75,000 Pacific Nw Title
Barnett Brian W $62,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Donovin M $24,041
Open Hernandez Donovin M $89,122
Previous Owner Hauge Michael A $67,500
Previous Owner Barnett Brian W $55,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $92,200 +2.6% $89 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $89,900 -- $86 / 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 $2,423 $229,600 $85,500 $144,100
2024 $2,423 $222,400 $76,000 $146,400
2023 $2,007 $212,950 $71,250 $141,700
2022 $1,656 $188,380 $55,580 $132,800
2021 $1,556 $116,490 $32,490 $84,000
2020 $1,551 $103,530 $29,930 $73,600
2019 $1,351 $99,460 $27,360 $72,100
2018 $1,559 $95,360 $27,360 $68,000
2017 $1,481 $91,260 $27,360 $63,900
2016 $1,379 $82,860 $27,360 $55,500
2015 $1,272 $74,360 $27,360 $47,000
2014 -- $74,650 $25,650 $49,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201519783

Spokane Association of REALTORS®

APN: 45074.9075