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702 Michigan Rd

Spokane Valley, WA 99016

3 bd 3 ba 2,482 sqft Built 2005 Lot 10,000 sqft single_family
Most recent sale
$447,000
Dec 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2022 Sold $447,000 SpokaneREALTORS
Nov 1, 2022 Price changed $459,000 SpokaneREALTORS
Oct 20, 2022 Listed $479,900 SpokaneREALTORS
Dec 20, 2019 Listing removed $323,900 SpokaneREALTORS
Nov 26, 2019 Sold $319,000 SpokaneREALTORS
Mar 29, 2006 Sold $213,236 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $357,000 $105,000 $462,000 $5,143
2025 $357,000 $105,000 $462,000 $5,097
2024 $358,500 $105,000 $463,500 $4,604
2023 $278,900 $75,000 $353,900 $4,604
2022 $257,100 $65,000 $322,100 $4,359
2021 $235,300 $64,000 $299,300 $4,238
2020 $203,900 $62,500 $266,400 $3,898
2019 $188,600 $56,250 $244,850 $3,359
2018 $171,100 $56,250 $227,350 $3,682
2017 $154,900 $50,000 $204,900 $3,379
2016 $152,900 $50,000 $202,900 $3,160
2015 $148,900 $50,000 $198,900 $3,182
2014 $141,000 $50,000 $191,000 $3,121
2013 $161,000 $50,000 $211,000 $3,049
2012 $162,600 $50,000 $212,600 $3,235
2011 $157,600 $50,000 $207,600 $3,054
2010 $166,000 $50,000 $216,000 $2,872
2009 $166,000 $50,000 $216,000 $2,837
2007 $166,000 $50,000 $216,000 $2,542

Property facts

Year built
2005
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,482 sqft
Lot size
10,000 sqft
ZIP code
99016
City
Spokane Valley
Street
Michigan Rd
Coordinates
47.65071, -117.14801

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,682
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 702 Michigan Rd last sell?
702 Michigan Rd most recently sold on Dec 15, 2022 for $447,000.
What is the current tax assessment for 702 Michigan Rd?
The most recent total assessment for 702 Michigan Rd (year 2026) is $462,000 with $5,143 in property tax.
How does 702 Michigan Rd's assessment compare to its last sale price?
The current assessment is 3.4% above the last sale price of $447,000.
When was 702 Michigan Rd built?
702 Michigan Rd was built in 2005.
How does 702 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 702 Michigan Rd?
702 Michigan Rd is a 3 bed, 3 bath, 2,482 sqft, 10,000 sqft lot single_family.
Is 702 Michigan Rd a flip candidate?
No — 702 Michigan Rd does not appear in our flips dataset.
Is 702 Michigan Rd a tax-appeal candidate?
No — 702 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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