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615 Michigan Rd

Spokane Valley, WA 99016

4 bd 3 ba 2,448 sqft Built 2005 Lot 10,019 sqft single_family
Most recent sale
$563,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $563,000 MLS #202211649
Feb 24, 2022 Listed $515,000 MLS #202211649
May 8, 2020 Sold $362,500 MLS #202012587
Mar 7, 2020 Listed $375,000 MLS #202012587
Oct 18, 2018 Sold $320,000 MLS #201819614
Aug 22, 2018 Listing removed $320,000 Coeurdalene
Aug 9, 2018 Price changed $320,000 MLS #201819614
Jun 22, 2018 Listed $330,000 MLS #18-7072
Sep 16, 2014 Listing removed $254,900 SpokaneREALTORS
Aug 4, 2014 Listed $254,900 MLS #201422371
May 26, 2006 Sold $245,000 Public Record
Mar 29, 2006 Sold $207,780 SpokaneREALTORS
Jan 10, 2006 Sold $207,779 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $406,800 $105,000 $511,800 $1,298
2025 $406,800 $105,000 $511,800 $5,616
2024 $418,300 $105,000 $523,300 $5,178
2023 $325,400 $75,000 $400,400 $5,164
2022 $299,900 $65,000 $364,900 $4,920
2021 $272,300 $64,000 $336,300 $4,773
2020 $235,800 $62,500 $298,300 $4,346
2019 $218,100 $56,250 $274,350 $3,729
2018 $197,800 $56,250 $254,050 $4,094
2017 $178,100 $50,000 $228,100 $3,745
2016 $175,900 $50,000 $225,900 $3,488
2015 $171,300 $50,000 $221,300 $3,512
2014 $162,200 $50,000 $212,200 $3,442
2013 $182,700 $50,000 $232,700 $3,359
2012 $184,600 $50,000 $234,600 $3,541
2011 $183,300 $50,000 $233,300 $3,343
2010 $199,900 $50,000 $249,900 $3,196
2009 $199,900 $50,000 $249,900 $3,243
2007 $199,900 $50,000 $249,900 $2,926

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,448 sqft
Lot size
10,019 sqft
ZIP code
99016
City
Spokane Valley
Street
Michigan Rd
Coordinates
47.65142, -117.14739

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
$5,630
Gross rental yield
12.00%
Implied cap rate
7.80%
Trend-extrapolated value

Frequently asked questions

When did 615 Michigan Rd last sell?
615 Michigan Rd most recently sold on Mar 31, 2022 for $563,000.
What is the current tax assessment for 615 Michigan Rd?
The most recent total assessment for 615 Michigan Rd (year 2026) is $511,800 with $1,298 in property tax.
How does 615 Michigan Rd's assessment compare to its last sale price?
The current assessment is 9.1% below the last sale price of $563,000.
When was 615 Michigan Rd built?
615 Michigan Rd was built in 2005.
How does 615 Michigan Rd compare to others on Michigan Rd?
We track 7 other properties on Michigan Rd. Browse the list under "Other properties on Michigan Rd" to compare beds, baths, and sale history.
What are the property facts for 615 Michigan Rd?
615 Michigan Rd is a 4 bed, 3 bath, 2,448 sqft, 10,019 sqft lot single_family.
Is 615 Michigan Rd a flip candidate?
Yes — 615 Michigan Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 615 Michigan Rd a tax-appeal candidate?
No — 615 Michigan 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
+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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