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705 Locust Rd

Spokane Valley, WA 99206

3 bd 2 ba 2,911 sqft Built 1952 Lot 17,424 sqft single_family
Most recent sale
$460,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $460,000 MLS #202217568
Jun 15, 2022 Listed $425,000 MLS #202217568

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $337,700 $95,000 $432,700 $4,542
2025 $337,700 $95,000 $432,700 $4,482
2024 $341,400 $70,000 $411,400 $4,595
2023 $264,500 $50,000 $314,500 $4,122
2022 $229,300 $50,000 $279,300 $3,746
2021 $229,300 $50,000 $279,300 $3,578
2020 $202,300 $46,000 $248,300 $3,566
2019 $173,300 $46,200 $219,500 $2,850
2018 $165,900 $35,700 $201,600 $3,172
2017 $147,100 $35,700 $182,800 $2,851
2016 $137,900 $33,600 $171,500 $2,733
2015 $131,200 $33,600 $164,800 $2,687
2014 $131,300 $31,500 $162,800 $2,667
2013 $131,500 $31,500 $163,000 $2,667
2012 $143,500 $31,500 $175,000 $2,786
2011 $151,200 $31,500 $182,700 $2,835
2010 $167,500 $31,500 $199,000 $2,933
2009 $169,800 $27,300 $197,100 $2,740
2007 $169,800 $27,300 $197,100 $2,757

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,911 sqft
Lot size
17,424 sqft
ZIP code
99206
City
Spokane Valley
Street
Locust Rd
Coordinates
47.66359, -117.27795

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
$2,760
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Locust Rd last sell?
705 Locust Rd most recently sold on Aug 19, 2022 for $460,000.
What is the current tax assessment for 705 Locust Rd?
The most recent total assessment for 705 Locust Rd (year 2026) is $432,700 with $4,542 in property tax.
How does 705 Locust Rd's assessment compare to its last sale price?
The current assessment is 5.9% below the last sale price of $460,000.
When was 705 Locust Rd built?
705 Locust Rd was built in 1952.
How does 705 Locust Rd compare to others on Locust Rd?
We track 8 other properties on Locust Rd. Browse the list under "Other properties on Locust Rd" to compare beds, baths, and sale history.
What are the property facts for 705 Locust Rd?
705 Locust Rd is a 3 bed, 2 bath, 2,911 sqft, 17,424 sqft lot single_family.
Is 705 Locust Rd a flip candidate?
No — 705 Locust Rd does not appear in our flips dataset.
Is 705 Locust Rd a tax-appeal candidate?
No — 705 Locust Rd 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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