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2318 University Rd

Spokane Valley, WA 99206

4 bd 2 ba 2,268 sqft Built 1955 Lot 17,860 sqft single_family
Most recent sale
$550,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2025 Sold $524,000 SpokaneREALTORS
Oct 14, 2025 Price changed $529,000 SpokaneREALTORS
Sep 9, 2025 Price changed $540,000 SpokaneREALTORS
Aug 7, 2025 Listed $550,000 SpokaneREALTORS
Jul 22, 2022 Sold $550,000 MLS #202217692
Jun 16, 2022 Listed $550,000 MLS #202217692
Apr 21, 2015 Sold $168,000 MLS #201513663
Mar 12, 2015 Listed $164,500 MLS #201513663
Nov 22, 1988 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $343,700 $90,000 $433,700 $4,641
2025 $343,700 $90,000 $433,700 $4,613
2024 $331,900 $72,000 $403,900 $4,132
2023 $259,500 $49,500 $309,000 $3,859
2022 $248,200 $49,500 $297,700 $3,606
2021 $248,200 $49,500 $297,700 $3,708
2020 $230,200 $40,500 $270,700 $3,322
2019 $203,900 $40,000 $243,900 $2,868
2018 $142,100 $40,000 $182,100 $2,584
2017 $127,200 $40,000 $167,200 $2,332
2016 $116,100 $40,000 $156,100 $2,248
2015 $99,500 $35,000 $134,500 $1,976
2014 $99,500 $35,000 $134,500 $1,975
2013 $99,500 $35,000 $134,500 $2,006
2012 $105,700 $35,000 $140,700 $2,026
2011 $108,300 $35,000 $143,300 $1,926
2010 $116,900 $35,000 $151,900 $2,058
2009 $118,100 $35,000 $153,100 $1,974
2007 $123,600 $35,000 $158,600 $1,703

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,268 sqft
Lot size
17,860 sqft
ZIP code
99206
City
Spokane Valley
Street
University Rd
Coordinates
47.63562, -117.26192

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,216
Gross rental yield
11.38%
Implied cap rate
7.40%
Trend-extrapolated value

Frequently asked questions

When did 2318 University Rd last sell?
2318 University Rd most recently sold on Jul 22, 2022 for $550,000.
What is the current tax assessment for 2318 University Rd?
The most recent total assessment for 2318 University Rd (year 2026) is $433,700 with $4,641 in property tax.
How does 2318 University Rd's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $550,000.
When was 2318 University Rd built?
2318 University Rd was built in 1955.
How does 2318 University Rd compare to others on University Rd?
We track 8 other properties on University Rd. Browse the list under "Other properties on University Rd" to compare beds, baths, and sale history.
What are the property facts for 2318 University Rd?
2318 University Rd is a 4 bed, 2 bath, 2,268 sqft, 17,860 sqft lot single_family.
Is 2318 University Rd a flip candidate?
No — 2318 University Rd does not appear in our flips dataset.
Is 2318 University Rd a tax-appeal candidate?
No — 2318 University 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
-0.1%
Implied 1-yr
-0.3%
2026 Q3
$446.6K
2026 Q4
$446.3K
ZIP 99206 — Median Price History + Forecast

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