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11307-09 40th Ave

Spokane Valley, WA 99206

6 bd 4 ba 3,100 sqft Built 1978 multi_family
Most recent sale
$530,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $530,000 MLS #202211755
Feb 26, 2022 Listed $530,000 MLS #202211755

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $391,400 $90,000 $481,400 $6,040
2025 $391,400 $90,000 $481,400 $5,903
2024 $365,300 $65,000 $430,300 $5,493
2023 $220,500 $50,000 $270,500 $4,890
2022 $207,500 $40,000 $247,500 $3,779
2021 $169,900 $35,000 $204,900 $3,707
2020 $155,400 $35,000 $190,400 $3,131
2019 $155,400 $35,000 $190,400 $2,574
2018 $175,000 $35,000 $210,000 $3,457
2017 $160,700 $35,000 $195,700 $3,482
2016 $160,700 $35,000 $195,700 $3,347
2015 $156,600 $35,000 $191,600 $3,298
2014 $144,600 $35,000 $179,600 $3,238
2013 $172,200 $35,000 $207,200 $3,107
2012 $172,200 $35,000 $207,200 $3,406
2011 $173,800 $35,000 $208,800 $3,136
2010 $193,800 $35,000 $228,800 $3,048
2009 $193,800 $35,000 $228,800 $3,152
2007 $193,800 $35,000 $228,800 $2,795

Property facts

Year built
1978
Property type
multi_family
Stories
Beds
6
Baths
4
Living area
3,100 sqft
Lot size
ZIP code
99206
City
Spokane Valley
Street
40th Ave
Coordinates
47.62086, -117.25307

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,180
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 11307-09 40th Ave last sell?
11307-09 40th Ave most recently sold on May 13, 2022 for $530,000.
What is the current tax assessment for 11307-09 40th Ave?
The most recent total assessment for 11307-09 40th Ave (year 2026) is $481,400 with $6,040 in property tax.
How does 11307-09 40th Ave's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $530,000.
When was 11307-09 40th Ave built?
11307-09 40th Ave was built in 1978.
How does 11307-09 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 11307-09 40th Ave?
11307-09 40th Ave is a 6 bed, 4 bath, 3,100 sqft multi_family.
Is 11307-09 40th Ave a flip candidate?
No — 11307-09 40th Ave does not appear in our flips dataset.
Is 11307-09 40th Ave a tax-appeal candidate?
No — 11307-09 40th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.3%
2026 Q3
$446.6K
2026 Q4
$446.3K
ZIP 99206 — Median Price History + Forecast

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