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5431 Commerce Ave

Spokane, WA 99212

4 bd 2 ba 1,972 sqft Built 1979 Lot 5,000 sqft single_family
Most recent sale
$367,500
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $367,500 MLS #202213595
Apr 8, 2022 Listed $350,000 MLS #202213595
Mar 31, 1998 Sold $82,900 Public Record
May 4, 1987 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $292,400 $60,000 $352,400 $3,609
2025 $292,400 $60,000 $352,400 $3,383
2024 $199,000 $50,000 $249,000 $3,226
2023 $168,600 $33,500 $202,100 $2,354
2022 $154,700 $33,500 $188,200 $2,247
2021 $147,900 $25,000 $172,900 $2,263
2020 $136,900 $25,000 $161,900 $2,338
2019 $126,900 $25,000 $151,900 $1,989
2018 $107,900 $15,000 $122,900 $2,257
2017 $105,800 $15,000 $120,800 $1,806
2016 $101,100 $15,000 $116,100 $1,810
2015 $97,600 $15,000 $112,600 $1,787
2014 $95,800 $15,000 $110,800 $1,729
2013 $98,800 $15,000 $113,800 $1,678
2012 $94,600 $15,000 $109,600 $1,674
2011 $87,500 $15,000 $102,500 $1,556
2010 $87,500 $15,000 $102,500 $1,358
2009 $87,500 $15,000 $102,500 $1,307
2007 $87,500 $15,000 $102,500 $1,385

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,972 sqft
Lot size
5,000 sqft
ZIP code
99212
City
Spokane
Street
Commerce Ave
Coordinates
47.67652, -117.32885

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,205
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5431 Commerce Ave last sell?
5431 Commerce Ave most recently sold on May 17, 2022 for $367,500.
What is the current tax assessment for 5431 Commerce Ave?
The most recent total assessment for 5431 Commerce Ave (year 2026) is $352,400 with $3,609 in property tax.
How does 5431 Commerce Ave's assessment compare to its last sale price?
The current assessment is 4.1% below the last sale price of $367,500.
When was 5431 Commerce Ave built?
5431 Commerce Ave was built in 1979.
How does 5431 Commerce Ave compare to others on Commerce Ave?
We track 8 other properties on Commerce Ave. Browse the list under "Other properties on Commerce Ave" to compare beds, baths, and sale history.
What are the property facts for 5431 Commerce Ave?
5431 Commerce Ave is a 4 bed, 2 bath, 1,972 sqft, 5,000 sqft lot single_family.
Is 5431 Commerce Ave a flip candidate?
No — 5431 Commerce Ave does not appear in our flips dataset.
Is 5431 Commerce Ave a tax-appeal candidate?
No — 5431 Commerce Ave 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
+5.6%
Implied 1-yr
+22.6%
2026 Q3
$564.2K
2026 Q4
$587.5K
ZIP 99212 — Median Price History + Forecast

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