2409 Rees Ln
Spokane Valley, WA 99037
5 bd 3 ba 2,544 sqft Built 2002 Lot 4,500 sqft single_family
Most recent sale
$450,000
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2022 | Sold | $450,000 | MLS #202212514 |
| Apr 10, 2022 | Listing removed | $409,900 | SpokaneREALTORS |
| Mar 17, 2022 | Listed | $450,000 | MLS #202212514 |
| Nov 15, 2018 | Sold | $248,500 | MLS #201825654 |
| Oct 5, 2018 | Listed | $259,000 | MLS #201825654 |
| Jul 28, 2014 | Sold | $215,000 | MLS #201419258 |
| Jun 12, 2014 | Listed | $218,500 | MLS #201419258 |
| Oct 11, 2002 | Sold | $130,065 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $339,300 | $90,000 | $429,300 | $4,723 |
| 2025 | $339,300 | $90,000 | $429,300 | $4,567 |
| 2024 | $349,900 | $70,000 | $419,900 | $4,056 |
| 2023 | $281,300 | $50,000 | $331,300 | $4,008 |
| 2022 | $219,900 | $45,000 | $264,900 | $3,863 |
| 2021 | $198,500 | $45,000 | $243,500 | $3,304 |
| 2020 | $196,900 | $30,000 | $226,900 | $2,992 |
| 2019 | $188,900 | $30,000 | $218,900 | $2,670 |
| 2018 | $182,800 | $30,000 | $212,800 | $3,096 |
| 2017 | $167,800 | $30,000 | $197,800 | $2,956 |
| 2016 | $121,600 | $30,000 | $151,600 | $2,836 |
| 2015 | $119,000 | $30,000 | $149,000 | $2,221 |
| 2014 | $121,600 | $30,000 | $151,600 | $2,182 |
| 2013 | $123,700 | $30,000 | $153,700 | $2,255 |
| 2012 | $126,300 | $30,000 | $156,300 | $2,208 |
| 2011 | $133,300 | $30,000 | $163,300 | $2,096 |
| 2010 | $135,500 | $30,000 | $165,500 | $2,102 |
| 2009 | $135,500 | $30,000 | $165,500 | $2,023 |
| 2007 | $135,500 | $30,000 | $165,500 | $2,021 |
Property facts
Year built
2002
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,544 sqft
Lot size
4,500 sqft
ZIP code
99037
City
Spokane Valley
Street
Rees Ln
Coordinates
47.63476, -117.21159
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2409 Rees Ln last sell?
2409 Rees Ln most recently sold on Apr 15, 2022 for $450,000.
What is the current tax assessment for 2409 Rees Ln?
The most recent total assessment for 2409 Rees Ln (year 2026) is $429,300 with $4,723 in property tax.
How does 2409 Rees Ln's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $450,000.
When was 2409 Rees Ln built?
2409 Rees Ln was built in 2002.
How does 2409 Rees Ln compare to others on Rees Ln?
We track 8 other properties on Rees Ln. Browse the list under "Other properties on Rees Ln" to compare beds, baths, and sale history.
What are the property facts for 2409 Rees Ln?
2409 Rees Ln is a 5 bed, 3 bath, 2,544 sqft, 4,500 sqft lot single_family.
Is 2409 Rees Ln a flip candidate?
No — 2409 Rees Ln does not appear in our flips dataset.
Is 2409 Rees Ln a tax-appeal candidate?
No — 2409 Rees Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$473K
2026 Q4
$464.8K
ZIP 99037 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rees Ln