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1606 Rio Grande Ln

Spokane Valley, WA 99016

4 bd 4 ba 2,000 sqft Built 2004 Lot 10,890 sqft single_family
Most recent sale
$500,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $500,000 MLS #202211219
Feb 11, 2022 Listed $425,000 MLS #202211219
Jul 10, 2007 Sold $269,900 SpokaneREALTORS
Jul 6, 2007 Sold $269,900 Public Record
Aug 2, 2004 Sold $169,000 SpokaneREALTORS
Jul 28, 2004 Sold $169,000 Public Record
Dec 17, 1998 Sold $368,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $378,700 $85,000 $463,700 $4,992
2025 $378,700 $85,000 $463,700 $5,114
2024 $364,300 $85,000 $449,300 $4,667
2023 $274,500 $60,000 $334,500 $4,471
2022 $240,500 $56,000 $296,500 $4,088
2021 $219,500 $53,000 $272,500 $3,880
2020 $192,000 $45,000 $237,000 $3,531
2019 $173,900 $40,000 $213,900 $3,017
2018 $150,100 $40,000 $190,100 $3,249
2017 $137,700 $35,000 $172,700 $2,867
2016 $133,800 $30,000 $163,800 $2,704
2015 $132,900 $30,000 $162,900 $2,618
2014 $124,400 $30,000 $154,400 $2,603
2013 $137,100 $30,000 $167,100 $2,516
2012 $143,500 $30,000 $173,500 $2,617
2011 $183,400 $30,000 $213,400 $2,540
2010 $223,800 $30,000 $253,800 $2,944
2009 $189,700 $23,000 $212,700 $3,289
2007 $189,700 $23,000 $212,700 $2,857

Property facts

Year built
2004
Property type
single_family
Stories
3
Beds
4
Baths
4
Living area
2,000 sqft
Lot size
10,890 sqft
ZIP code
99016
City
Spokane Valley
Street
Rio Grande Ln
Coordinates
47.67176, -117.14753

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,600
Gross rental yield
11.04%
Implied cap rate
7.18%
Trend-extrapolated value

Frequently asked questions

When did 1606 Rio Grande Ln last sell?
1606 Rio Grande Ln most recently sold on Mar 18, 2022 for $500,000.
What is the current tax assessment for 1606 Rio Grande Ln?
The most recent total assessment for 1606 Rio Grande Ln (year 2026) is $463,700 with $4,992 in property tax.
How does 1606 Rio Grande Ln's assessment compare to its last sale price?
The current assessment is 7.3% below the last sale price of $500,000.
When was 1606 Rio Grande Ln built?
1606 Rio Grande Ln was built in 2004.
How does 1606 Rio Grande Ln compare to others on Rio Grande Ln?
We track 3 other properties on Rio Grande Ln. Browse the list under "Other properties on Rio Grande Ln" to compare beds, baths, and sale history.
What are the property facts for 1606 Rio Grande Ln?
1606 Rio Grande Ln is a 4 bed, 4 bath, 2,000 sqft, 10,890 sqft lot single_family.
Is 1606 Rio Grande Ln a flip candidate?
No — 1606 Rio Grande Ln does not appear in our flips dataset.
Is 1606 Rio Grande Ln a tax-appeal candidate?
No — 1606 Rio Grande Ln 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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