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425 Newer Rd

Spokane Valley, WA 99037

4 bd 2 ba 1,873 sqft Built 1973 Lot 10,019 sqft single_family
Most recent sale
$400,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $400,000 MLS #202216938
Jun 3, 2022 Listed $359,900 MLS #202216938
Mar 15, 2022 Sold $265,000 Public Record
Mar 30, 2018 Sold $226,000 MLS #201812145
Feb 21, 2018 Listed $220,000 MLS #201812145
Jul 3, 1986 Sold $49,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $271,200 $90,000 $361,200 $3,827
2025 $271,200 $90,000 $361,200 $3,856
2024 $179,700 $80,000 $259,700 $2,579
2023 $206,900 $70,000 $276,900 $2,511
2022 $180,800 $60,000 $240,800 $3,236
2021 $180,800 $60,000 $240,800 $3,008
2020 $162,700 $55,000 $217,700 $2,681
2019 $130,500 $55,000 $185,500 $2,191
2018 $105,700 $47,500 $153,200 $2,180
2017 $100,500 $47,500 $148,000 $2,069
2016 $96,300 $47,500 $143,800 $2,074
2015 $100,000 $42,500 $142,500 $2,240
2014 $100,000 $42,500 $142,500 $2,239
2013 $100,000 $42,500 $142,500 $2,272
2012 $105,600 $42,500 $148,100 $2,280
2011 $105,600 $42,500 $148,100 $2,139
2010 $107,900 $42,500 $150,400 $2,090
2009 $131,400 $24,000 $155,400 $2,052
2007 $131,400 $24,000 $155,400 $1,906

Property facts

Year built
1973
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,873 sqft
Lot size
10,019 sqft
ZIP code
99037
City
Spokane Valley
Street
Newer Rd
Coordinates
47.65266, -117.19796

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,308
Gross rental yield
12.92%
Implied cap rate
8.40%
Trend-extrapolated value

Frequently asked questions

When did 425 Newer Rd last sell?
425 Newer Rd most recently sold on Jul 6, 2022 for $400,000.
What is the current tax assessment for 425 Newer Rd?
The most recent total assessment for 425 Newer Rd (year 2026) is $361,200 with $3,827 in property tax.
How does 425 Newer Rd's assessment compare to its last sale price?
The current assessment is 9.7% below the last sale price of $400,000.
When was 425 Newer Rd built?
425 Newer Rd was built in 1973.
How does 425 Newer Rd compare to others on Newer Rd?
We track 8 other properties on Newer Rd. Browse the list under "Other properties on Newer Rd" to compare beds, baths, and sale history.
What are the property facts for 425 Newer Rd?
425 Newer Rd is a 4 bed, 2 bath, 1,873 sqft, 10,019 sqft lot single_family.
Is 425 Newer Rd a flip candidate?
Yes — 425 Newer Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 425 Newer Rd a tax-appeal candidate?
No — 425 Newer 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
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$473K
2026 Q4
$464.8K
ZIP 99037 — Median Price History + Forecast

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