INVESTMENT OPPORTUNITY! This flat and buildable land is approved to build up to a 9 unit property! Rare opportunity to create a cash flow investment OR purchase for a single family lot. Conveniently located close to freeway access, and in town amenities. Easy distance to a bus route for a more desirable location as well! Seated on .43 of an acre with all water, sewer and power at the property already- allowing for a quick start on your new build! Seller is a builder and has 9-plex plans already drafted, use them or bring your own builder.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty, LLC Branch
Office Phone: (888) 421-2531
Listing Agent: Robert Bond
Exterior Features
Exterior Information:
View: City, Territorial
Lot Features
Lot Information:
Lot: Level, Open Lot, Oversized Lot
Lot Size: 0.43 Acres
Other
Directions Information:
Directions: From Sprague turn onto Park RD. Right onto E 8th Ave. Right on S. McKinnon RD see sign at property.
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
Tax Information:
Annual Amount: $364
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Spokane Valley, WA.
This property is $72.8K less than the Median Sold Price in Spokane Valley, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SARMLS
MLS Number: #202418830
Listing Office:
Office Name: eXp Realty, LLC Branch
Office Phone: (888) 421-2531
Listing Agent: Robert Bond
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.
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: 12/18/2024, 1:56:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$364
$157,140
2020
$758
$133,390
2018
$926
$120,170
2017
$961
$104,700
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,814
Per Month
Principal & Interest
$1,747
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,116
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Frances L. N. Scott Elementary School
3737 E 5th Ave
Distance between this listing and this school1.12 miles
Public District Grades PK-5
2
/10
Seth Woodward Elementary School
7401 E Mission Ave
Distance between this listing and this school1.82 miles
Public District Grades 1-5
6
/10
Lincoln Heights Elementary School
3322 E 22nd Ave
Distance between this listing and this school1.90 miles
Public District Grades PK-5
Nearby Schools
3
/10
Centennial Middle School
915 N Ella Rd
Distance between this listing and this school1.73 miles
Public District Grades 6-8
6
/10
Chase Middle School
4747 E 37th Ave
Distance between this listing and this school2.06 miles
Public District Grades 6-8
4
/10
West Valley City School
8920 E Valleyway Ave
Distance between this listing and this school2.25 miles
Public District Grades 5-8
Nearby Schools
2
/10
Pratt Academy
6903 E 4th Ave
Distance between this listing and this school0.99 miles
Public District Grades 4-12
6
/10
Ferris High School
3020 E 37th Ave
Distance between this listing and this school2.74 miles
Public District Grades 9-12
6
/10
West Valley High School
8301 E Buckeye Ave
Distance between this listing and this school2.83 miles
The neighbors living near this home have an average income of $36,047. The majority of Spokane Valley, WA residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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.
Frequently Asked Questions About 515 S Mckinnon Rd
What is the listing price of this property?
The listing price of 515 S Mckinnon Rd property is $350,000.
What type of property is this?
The property 515 S Mckinnon Rd is land located in Spokane Valley, Washington, 99212.
Is this property for sale now?
Active Listing: 515 S Mckinnon Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $364 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 515 S Mckinnon Rd in Spokane Valley, WA and zip code 99212. This home sits on a 0.43 acre lot. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $350,000.
While more than 15 listings in Spokane Valley, WA in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 25 were sold below. The inventory of homes for sale in Spokane Valley, WA between October 2024 and November 2024 decreased by 10.2%. In November 2024 median list price was $422,850 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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.
Pro Boxing
Pro Boxing
Figure Skating
Horse Races
Family Dollar
Chico's
Stein Mart
White Castle
Bob Evans
LongHorn Steakhouse
Chevrolet
Oldsmobile
Buick
Rock
News
Contemporary Inspirational