new - 2 days on rocket

421 S Mckinnon Rd, Spokane Valley, WA, 99212

$3,400,000

0 Baths
25,572 SqFt
$133/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingSee Remarks
Year Built2024
HeatingOther
CoolingOther
MLS #202425732
Lot Size0.99 Acres
StatusActive
(New)

About 421 S Mckinnon Rd

Asking Price $3,400,000.00 (SOLD AS-IS , Partially Finished) 75% of buildings and 85% of site work completed per Seller. Buyer to purchase and complete construction, ADD on Value for completed project. Projected completed stabilized estimated value $6,500,000.00+/- Prime for a Builder Contractor Buyer. Seller/Contractor can contract to finish as General Contractor. Estimated expense to finish construction $1 Million to $1.2 Million range. Parcel # 35231.1437 Two 3-Story Buildings 24 Total Units (Twelve 2 bed/ 2 bath and Twelve 3 bed/ 2 bath) Building A: Six 2 Bed / 2 Bath Units (876 SF Each) and Six 3 Bed 2 Bath (1,255 SF Each) Building B: Six 2 Bed / 2 Bath Units (876 SF Each) and Six 3 Bed 2 Bath (1,255 SF Each) Lot Size 43,290+/- Square Feet (0.99) Total Building Size 25,572 +/- Square Feet $132.00 Per Square Foot As-Is

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 25,572 SqFt

Listing Office:

  • Office Name: G. Arger Company
  • Office Phone: (509) 926-5311
  • Listing Agent: Gene Arger

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.99 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Located on 4th and McKinnon in between Theirman and Carnahan

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,400,000
  • Price Per SqFt: $133/SqFt

Tax Information:

  • Annual Amount: $2,462
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spokane Valley, WA.

Med. Sold Price

$419.9K

Med. Price/SqFt

$209

Avg. Days On Market

33

# of Sold Homes

90

421 S Mckinnon Rd vs Spokane Valley

2 DAYS ON ROCKET

-31 Days

$3,400,000

+$2.9M More

$133/SqFt

-$77 Less

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $77/SqFt less than other homes in Spokane Valley, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202425732

Listing Office:

  • Office Name: G. Arger Company
  • Office Phone: (509) 926-5311
  • Listing Agent: Gene Arger

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by 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.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:56:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 12, 2021Home Sold
$295,000
Mar 15, 2005Home Sold
$63,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,462$163,130
2020$2,193$136,400
2018$1,975$117,790
2017$2,262$136,300

History based on county public records data.

Payment Calculator

$17K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-171521
4
/10
  • Frances L. N. Scott Elementary School

  • 3737 E 5th Ave

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-171522
2
/10
  • Seth Woodward Elementary School

  • 7401 E Mission Ave

  • 1.79 miles

  • Public District Grades 1-5

school-card-donut-171523
6
/10
  • Lincoln Heights Elementary School

  • 3322 E 22nd Ave

  • 1.92 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,047. Most Spokane Valley, WA residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Spokane Valley, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Spokane Valley, WA.

The housing landscape in Spokane Valley offers a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of contemporary, ranch, and craftsman designs prevalent throughout the area. The market also includes a selection of apartments and townhouses, accommodating a range of living preferences. The majority of the homes were constructed during a development boom in the late 20th century, reflecting the area's growth during that period. The homeownership rate in Spokane Valley is robust, with a substantial portion of residents owning their homes.

What is it like to live in Spokane Valley, WA?

Spokane Valley is celebrated for its community-oriented atmosphere and scenic beauty, with the Spokane River and numerous parks enhancing the local character. The area prides itself on a blend of urban and suburban elements, offering residents a peaceful yet connected lifestyle. Seasonal events and festivals reflect the community's engagement and the region's traditions, contributing to the Valley's distinct sense of place.

Is it easy to get around Spokane Valley, WA without a car?

Residents of Spokane Valley benefit from a solid educational system, including a number of public and private schools that cater to various educational needs. The community is served by several healthcare facilities, providing a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with establishments ranging from local boutiques to national chains, and restaurants that offer a taste of the local cuisine as well as international flavors.

Transportation in Spokane Valley, WA.

Transportation options in Spokane Valley cater to a variety of preferences, with a network of roads and highways that facilitate travel and commuting within the region. Public transit services are available, connecting residents to key areas within the Valley and to the greater Spokane region. The area is also equipped with bike lanes and trails, promoting a bike-friendly environment. While some neighborhoods are more walkable than others, efforts are being made to enhance pedestrian accessibility across the community.
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Rocket HomesWashingtonSpokane CountySpokane Valley99212421 S Mckinnon Rd

This home is located at 421 S Mckinnon Rd in Spokane Valley, WA and zip code 99212. This 25,572 square foot home, which was built in 2024, sits on a 0.99 acre lot. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $3,400,000.

In October 2024, from all listings sold in Spokane Valley, WA there were more than 25 sold above asking price, over 33 sold below and more than 32 were sold right at the asked price. In October 2024 in Spokane Valley, WA there were 8.7% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $419,908, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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