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1405 Colonial Dr

Spokane Valley, WA 99016

4 bd 3 ba 2,492 sqft Built 2021 Lot 9,424 sqft single_family
Most recent sale
$695,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 14, 2022 Listing removed $599,855 SpokaneREALTORS
Apr 20, 2022 Sold $695,000 MLS #202212289
Mar 11, 2022 Listed $684,500 MLS #202212289
Sep 17, 2021 Listed $599,855 MLS #202122542
May 23, 2021 Listing removed $474,154 SpokaneREALTORS
Feb 13, 2021 Listing removed $474,154 SpokaneREALTORS
Jan 1, 2021 Listing removed $474,154 SpokaneREALTORS
Dec 7, 2020 Relisted $474,154 MLS #202025364
Dec 4, 2020 Listing removed $474,154 SpokaneREALTORS
Dec 3, 2020 Listed $474,154 MLS #202025364

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $485,900 $120,000 $605,900 $7,121
2025 $485,900 $120,000 $605,900 $6,635
2024 $456,800 $100,000 $556,800 $5,664
2023 $59,500 $59,500 $5,481
2022 $42,500 $42,500 $889
2021 $3,070 $3,070 $543

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,492 sqft
Lot size
9,424 sqft
ZIP code
99016
City
Spokane Valley
Street
Colonial Dr
Coordinates
47.64386, -117.13999

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,732
Gross rental yield
9.90%
Implied cap rate
6.43%
Trend-extrapolated value

Frequently asked questions

When did 1405 Colonial Dr last sell?
1405 Colonial Dr most recently sold on Apr 20, 2022 for $695,000.
What is the current tax assessment for 1405 Colonial Dr?
The most recent total assessment for 1405 Colonial Dr (year 2026) is $605,900 with $7,121 in property tax.
How does 1405 Colonial Dr's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $695,000.
When was 1405 Colonial Dr built?
1405 Colonial Dr was built in 2021.
How does 1405 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 1405 Colonial Dr?
1405 Colonial Dr is a 4 bed, 3 bath, 2,492 sqft, 9,424 sqft lot single_family.
Is 1405 Colonial Dr a flip candidate?
No — 1405 Colonial Dr does not appear in our flips dataset.
Is 1405 Colonial Dr a tax-appeal candidate?
No — 1405 Colonial Dr 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
+1.7%
Implied 1-yr
+6.7%
2026 Q3
$614.7K
2026 Q4
$623.9K
ZIP 99016 — Median Price History + Forecast

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