$567,000
SOLD FEB 24, 2025
5 Beds
4 Baths
1,424 Sq Ft
0.92 Acres

Recently Sold

$398 Per Sq Ft

13% Below List Price

154 Days on Market

Highlights

  • Guest House
  • 0.92 Acre Lot
  • Separate Outdoor Workshop
  • RV Access or Parking
  • Ranch Style House
  • Oversized Lot

About This Home

As of February 2025

Investor's Dream - Triple the Opportunity Uncover a rare investment opportunity in Spokane Valley with this expansive .92-acre lot boasting R-4 Zoning. This property comprises three distinct living quarters: a spacious 1424 sq ft ranch-style home featuring 2 beds and I bath, an intimate 440 sq ft bungalow with I bed and 1 bath, and a massive 40'x70' shop that includes a well-appointed living space with 2 beds and 2 bath. Storage is abundant across two additional spaces, offering a total of 2675 sq ft. Connected to sewer system. Square footage and bedroom counts encompass multiple units on site. Request the Spec Sheet from Associated Docs through your real estate advisor for complete details.

Last Agent to Sell the Property

James Faucett

Kelly Right Real Estate of Spokane License #24004 Listed on: 08/08/2024

Last Buyer's Agent

Michael Pendleton

REAL Broker LLC License #22017376

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,906

Year Built

  • Built in 1947

Lot Details

  • 0.92 Acre Lot
  • Oversized Lot
  • Level Lot
  • Legal Non-Conforming

Parking

  • 4 Car Garage
  • Tuck Under Parking
  • Workshop in Garage
  • Off-Site Parking
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Converted Barn or Barndominium
  • Metal Roof
  • Vinyl Siding
  • Metal Construction or Metal Frame

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Baseboard Heating
  • Gas Available

Additional Features

  • Free-Standing Range
  • Separate Outdoor Workshop
  • Guest House

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 45184.0418

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,906

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1947
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Oversized Lot, Legal Non-Conforming
  • Lot Size Acres: 0.92
  • Road Frontage Type: Road/Right Of Way, Paved Road
  • Reso Association Amenities: Gas, See Remarks
  • Co List Office Phone: +1 (509) 489-7000
  • MLS Status: Sold
  • Architectural Style: Rancher, Barndominium
  • Reso Structure Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, See Remarks
  • Appliances: Free-Standing Range
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition Shingle, Metal
  • Construction Type: Metal, Vinyl Siding, See Remarks
  • Other Structures: Workshop, Guest House

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Under Building, RV Parking, Workshop in Garage, Off Site

Utilities

  • Cooling: Hi Eff Furn (>90%)
  • Heating: Gas Hot Air Furnace, Forced Air, Baseboard, Hi Eff Furn (>90%)

Schools

  • Elementary School: Ness
  • High School: West Valley
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 45184.0418
  • Lot Size Sq Ft: 40075

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Feb 20, 2025
Sold by
Indahl Benjamin
Bought by
Kishko Filipp
Seller's Agent
James Faucett
Kelly Right Real Estate of Spokane
Buyer's Agent
Michael Pendleton
REAL Broker LLC
List Price
$649,900
Sold Price
$567,000
Premium/Discount to List
-$82,900
-12.76%
Views
115
Current Estimated Value
$557,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,208
Avg. Annual Appreciation
-3.67%
Original Mortgage
$510,300
Outstanding Balance
$508,155
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$48,147

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 9, 2023
Sold by
Nabors Tiffany A
Bought by
Indahl Benjamin
Seller's Agent
Brandon Marchand
Keller Williams Spokane - Main
Buyer's Agent
Chad Kennedy
eXp Realty, LLC Branch
List Price
$575,000
Sold Price
$572,000
Premium/Discount to List
-$3,000
-0.52%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$460,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2022
Sold by
Mccullough Jerry S
Bought by
Red Dog Real Estate Llc

Purchase Details

Closed on
Sep 3, 1999
Sold by
Zweigardt Dennis A and Zweigardt Deni M
Bought by
Mccullough Jerry S
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 Type Sale Price Title Company
Warranty Deed $567,000 First American Title
Quit Claim Deed -- First American Title
Warranty Deed $572,000 First American Title
Personal Reps Deed -- --
Warranty Deed -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,300 New Conventional
Previous Owner $460,000 New Conventional
Previous Owner $100,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $567,000 -2.2% $398 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $579,900 -3.3% $407 / Sq Ft
10/16/2024 10/16/24 Price Changed $599,900 -2.4% $421 / Sq Ft
08/27/2024 08/27/24 Price Changed $614,900 -5.4% $432 / Sq Ft
08/08/2024 08/08/24 For Sale $649,900 +13.6% $456 / Sq Ft
05/10/2023 05/10/23 Sold $572,000 -0.5% $200 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $575,000 0.0% $201 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $575,000 -- $201 / 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 $6,586 $531,000 $110,000 $421,000
2024 $6,586 $532,300 $90,000 $442,300
2023 $5,732 $451,200 $90,000 $361,200
2022 $4,683 $443,200 $90,000 $353,200
2021 $4,583 $295,200 $60,000 $235,200
2020 $4,511 $265,500 $55,000 $210,500
2019 $3,862 $248,600 $41,000 $207,600
2018 $4,143 $221,900 $38,000 $183,900
2017 $3,602 $190,100 $38,000 $152,100
2016 $3,353 $167,900 $38,000 $129,900
2015 $3,269 $161,200 $38,000 $123,200
2014 -- $161,900 $36,000 $125,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202421011

Spokane Association of REALTORS®

APN: 45184.0418