NOT LISTED FOR SALE

8505 E Alki Ave Spokane Valley, WA 99212

Dishman Hills Neighborhood

Estimated Value: $281,000 - $344,000

2 Beds
2 Baths
1,512 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $215,000 $142 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,874/month

36 Days on Market

Highlights

  • 1-Story Property
  • Baseboard Heating
  • High Speed Internet
  • Forced Air Heating System

About This Home

As of December 2020

Beautifully updated 1920 Spokane Valley home converted to a duplex. Each unit features 1 bedroom, 1 bathroom, living room, kitchen/dining & laundry; Unit B also has outdoor storage. The exterior of the home was painted two years ago, vinyl windows, metal roof, and recent interior updates have all been completed within the last two years well! The utilities are separately metered and tenants pay for gas/electric and garbage, landlord pays sewer and water (irrigation district). Unit A is forced air gas heat & unit B is electric baseboard. This property is fully occupied and has a VERY strong rental history, call your agent today!

Last Agent to Sell the Property

Bryn Kimberly

Kelly Right Real Estate of Spokane License #130751 Listed on: 10/07/2020

Kelly Right Real Estate of Spokane

Last Buyer's Agent

Tiffany McInnes

John L Scott, Inc. License #132229

John L Scott, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1920

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • Metal Roof
  • Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Free-Standing Range
  • Partially Finished Basement

Laundry

  • Dryer
  • Washer

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Baseboard Heating
  • High Speed Internet

Community Details

  • 2 Units
  • Water Sewer Expense $240

Listing and Financial Details

  • Assessor Parcel Number 45184.0342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,551

Year Built

Built in 1920

Lot Details

0.25 Acres

Listing Details

  • Year Built: 1920
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-465-9052
  • MLS Status: Sold
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: One Story
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer
  • Basement YN: No

Exterior Features

  • Roof: Metal
  • Construction Type: Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Forced Air, Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 240

Schools

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

Lot Info

  • Parcel Number: 45184.0342
  • Lot Size Sq Ft: 10890
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2550.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 14, 2020
Sold by
James Caleb and James Jane
Bought by
Newbill Jonathan S and Newbill Kathryn A
Seller's Agent
Bryn Kimberly
Kelly Right Real Estate of Spokane
Buyer's Agent
Tiffany McInnes
John L Scott, Inc.
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$308,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,341
Avg. Annual Appreciation
7.10%
Original Mortgage
$161,250
Outstanding Balance
$143,817
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$164,524

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 22, 2018
Sold by
Panther Gary D and Panther Debbie S
Bought by
James Caleb and James Jane
Seller's Agent
Matt Allen
Kelly Right Real Estate of Spokane
Buyer's Agent
Susan Wentz
Windermere Real Estate/Cornerstone
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%
Original Mortgage
$108,750
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newbill Jonathan S $215,000 Ticor
James Caleb $145,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbill Jonathan S $161,250
Previous Owner James Caleb $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $215,000 -4.4% $142 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $225,000 +55.2% $149 / Sq Ft
01/29/2018 01/29/18 Sold $145,000 -9.3% $96 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
11/10/2017 11/10/17 For Sale $159,900 -- $106 / Sq Ft
Source: Spokane Association of REALTORS®

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 $2,855 $292,300 $95,000 $197,300
2024 $2,855 $266,400 $75,000 $191,400
2023 $3,174 $259,100 $75,000 $184,100
2022 $2,776 $259,100 $75,000 $184,100
2021 $2,501 $170,900 $45,000 $125,900
2020 $2,550 $153,700 $45,000 $108,700
2019 $2,092 $137,700 $35,000 $102,700
2018 $1,930 $103,000 $32,000 $71,000
2017 $1,762 $93,200 $32,000 $61,200
2016 $1,871 $98,200 $32,000 $66,200
2015 $1,843 $94,200 $32,000 $62,200
2014 -- $93,800 $30,000 $63,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bryn Kimberly

    Kelly Right Real Estate of Spokane

    Section Image

  • T

    Buyer's Agent in 2020

    Tiffany McInnes

    John L Scott, Inc.

    Section Image
  • Matt Allen

    Seller's Agent in 2018

    Matt Allen

    Kelly Right Real Estate of Spokane

    (844) 535-5977

    2 in this area

    29 Total Sales

    Matt Allen
    Section Image

  • S

    Buyer's Agent in 2018

    Susan Wentz

    Windermere Real Estate/Cornerstone

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202023226

Spokane Association of REALTORS®

APN: 45184.0342

Washington Spokane County Spokane Valley 99212 Dishman Hills

8505 E Alki Ave, Spokane Valley, WA

Not Listed for Sale

MultiFamily

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Spokane Association of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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