1504 North Michigan Lane

Spokane Valley, WA 99016

$699,900
Price
Beds
2,920 Sq. Ft.
$240 / Sq. Ft.
2,920
Sq. Ft.
$240
per Sq. Ft.

Description

This duplex was built in 2019 and has 3 Bedrooms, 2.5 bathrooms, a 2-car garage & is 1,476 square feet per side! It is only a 20 minute drive to downtown Spokane & Coeur d'Alene. It's also just minutes to Liberty Lake and The River District's newest park, The Centennial Trail & Spokane River. This setup would be perfect for multi-generational living, or as an investment property. Interior finishes include stainless steel appliances, LVP flooring, granite countertops through-out and minimal maintenance....This duplex was built in 2019 and has 3 Bedrooms, 2.5 bathrooms, a 2-car garage & is 1,476 square feet per side! It is only a 20 minute drive to downtown Spokane & Coeur d'Alene. It's also just minutes to Liberty Lake and The River District's newest park, The Centennial Trail & Spokane River. This setup would be perfect for multi-generational living, or as an investment property. Interior finishes include stainless steel appliances, LVP flooring, granite countertops through-out and minimal maintenance. Seller would consider selling up to (4) additional duplexes in this area. Call anytime for details!
  1. Listed by Andrew Graham • Avalon 24 Real Estate

Property Details for 1504 North Michigan Lane

View
None
Subdivision
N/A

Location

Listing Courtesy of Avalon 24 Real Estate
Add your commute
LISTING UPDATED: 02/05/2024 07:13 AM

Property Details for 1504 North Michigan Lane

StatusActive
MLS #24-878
Days on Market82
Taxes$6,248 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi-Family
Year Built2019
Lot Size0.14 AC / 6,098 SF
CountySpokane County

Location

Listing Courtesy of Avalon 24 Real Estate
Add your commute

Building Information for 1504 North Michigan Lane

Stories-Residences-Year Built2019Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$4,340 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$521

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1504 North Michigan Lane

Summary
Location and General Information
  • City: Spokane Valley
  • State/Province: Washington
  • County: Spokane
  • Postal Code: 99016
  • Geo Lat: 47.670716
  • Geo Lon: -117.146944
  • Zoning: MFR
  • Directions: Take the Barker Street Exit, and go North, then East on Mission, right on Michigan Lane.
  • Neighborhood Grid #: 700
  • Absolute Longitude: 117.146944
Taxes and HOA Information
  • Taxes: $6,247.76
  • Parcel Number: 55172.3805
  • Tax Year: 2023
  • AIN/Tax Bill: 55172.3805
  • Taxes Reflect 1: No Exemptions
School Information
  • School District: Central Valley - 356
Parking
  • Garage Stall: 2 Car
Property
Lot Information
  • Area: Washington Counties
  • Total SqFt.: 2920.0
  • SqFt 1: 1460.0
  • SqFt 2: 1460.0
  • Building Style: Multi Level
  • Lot Acres: 0.14
  • Lot Type 1: Duplex/Multi
  • Lot Features: Level, Open
  • ESTIMATED SqFt Source: Assessor
Property and Assessments
  • Picture Count: 23
  • Document Count: 0
  • Year Built: 2019
  • Legal: SHORT PLAT SHP-2018-0007 LOT 5. (AFN 6782223)
  • REO: No
  • New Construction: No
  • Miscellaneous: Section: 17.0
  • Miscellaneous: Town: 25
  • Miscellaneous: Range: 45
  • Miscellaneous: Range Direction: EBM
  • Construction: Frame
  • Realtor.COM Type: Multi-Family
Utilities
  • Water: City
  • Sewer: City Sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Other: hardboard
  • Exterior: Pressboard, Wood
  • Exterior Features: Fencing - Partial, Landscaping, Open Patio, Sprinkler System - Front
  • Road: Paved, Private Maintained Road
  • Roof: Comp Shingle
Interior Features
  • Basement: None-Slab on Grade
  • Foundation: Concrete
  • Fuel: Gas
  • Heating: Forced Air
  • Interior Features: Central Air
Multi Family
Multi-Family Information
  • Total Rooms/Units: 2
  • SqFt Per: Bldg
  • 3 BR units: 2.0
Income & Expenses
  • Income: Monthly Rental Income: $3,790
  • Income: Annual GSI: $45,480
  • Utilities Paid By: Sewer: Tenant
  • Utilities Paid By: Water: Tenant
  • Utilities Paid By: Electric: Tenant
  • Utilities Paid By: Gas: Tenant
  • Utilities Paid By: Cable: Tenant
  • Utilities Paid By: Garbage: Tenant

Property History for 1504 North Michigan Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1504 North Michigan Lane

Taxable ValueLand$85,000Additions$540,100Total$625,100
Tax Record2023$6,248 ($521 / month)
Home Facts
Baths6Total Finished SqFt2,952 SqFtAbove Grade Finished SqFt2,952 SqFtStories2Lot Size5,979 SqFtStyleDuplexYear Built2019CountySPOKANEAPN55172.3805Fireplace TypeHas Fireplace

Schools near 1504 North Michigan Lane

This home is within Central Valley School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Greenacres Elementary School
PublicK to 5

Greenacres Middle School
Public6 to 8

Central Valley High School
Public9 to 12

Selkirk Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1504 North Michigan Lane is a multi-family home for sale in Spokane Valley, WA 99016. This property was listed for sale on February 5, 2024 by Avalon 24 Real Estate, it's currently listed at $699,900. This listing's school district is Central Valley School District. Nearby schools include Greenacres Elementary School, Greenacres Middle School and Central Valley High School. 1504 North Michigan Lane is a 0-bed, 0-bath, 2,920 sqft multi-family home built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avalon 24 Real Estate

The information is being provided by Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. All Rights Reserved.