A rare opportunity in the Spokane Valley to acquire a beautiful home in a beautiful setting - loaded with potential and opportunity to build equity! The home is incredibly well built & full of extras like: 4 fireplaces, hardwood floors, 3 family rooms & an oversized .88 acre lot that makes for a huge private yard or future development. Current zoning would allow for up to 7 total house lots on this property. The attached garage is oversized and could fit 4 cars and the shop is 40' x 60' with power. Opportunities like this are hard to find. This property has payback potential that is quite rare.
Single-familyProperty Type
1948Year Built
0.88 acresLot Size
$152Est. Price/Sq.Ft.
2 car garageParking
Listed by Joel Elgee• Coldwell Banker Schneidmiller Realty
Bought with Non-MLS Non-MLS Broker• Non-MLS Office
A rare opportunity in the Spokane Valley to acquire a beautiful home in a beautiful setting - loaded with potential and opportunity to build equity! The home is incredibly well built & full of extras like: 4 fireplaces, hardwood floors, 3 family rooms & an oversized . 88 acre lot that makes for a huge private yard or future development. Current zoning would allow for up to 7 total house lots on this property. The attached garage is oversized and could fit 4 cars and the shop is 40' x 60' with power. Opportunities like this are hard to find. This property has payback potential that is quite rare.
CDAMLS #20-11141
Dec 14, 2020
Pending
—
Nov 24, 2020
Listed
$385,000
$115/sq ft
SPOKANEMLS as Distributed by MLS Grid #202022000
Nov 6, 2020
Listing Removed
—
Oct 3, 2020
Relisted
—
Sep 29, 2020
Pending
—
Sep 11, 2020
Price Changed
$399,900
$119/sq ft
Sep 11, 2020
Listed
$424,900
$127/sq ft
SPOKANEMLS as Distributed by MLS Grid #202020821
Sep 10, 2020
Listing Removed
—
Aug 20, 2020
Listed
$424,900
$127/sq ft
Public Records
Nov 26, 1997
Sold
$124,000
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,212 (+10.7%)
$80,750 + $362,200
$442,950
2025
$4,710 (+13.0%)
$80,750 + $362,200
$442,950
2024
$4,168 (+5.0%)
$76,000 + $359,500
$435,500
2023
$3,971 (+3.3%)
$69,830 + $346,000
$415,830
2022
$3,845 (+16.1%)
$49,880 + $279,800
$329,680
2021
$3,313 (+11.5%)
$49,880 + $215,700
$265,580
2020
$2,972 (+13.9%)
$49,880 + $191,900
$241,780
2019
$2,610 (−9.3%)
$39,900 + $181,700
$221,600
2018
$2,877 (+13.0%)
$39,900 + $142,900
$182,800
2017
$2,546 (+3.2%)
$39,900 + $142,900
$182,800
2016
$2,468 (−1.7%)
$37,910 + $133,800
$171,710
2015
$2,510
$37,910 + $133,800
$171,710
Tax history for 1028 N University Rd
Year
Property tax
Land + Additions
Assessment*
2026
$5,212 (+10.7%)
$80,750 + $362,200
$442,950
2025
$4,710 (+13.0%)
$80,750 + $362,200
$442,950
2024
$4,168 (+5.0%)
$76,000 + $359,500
$435,500
2023
$3,971 (+3.3%)
$69,830 + $346,000
$415,830
2022
$3,845 (+16.1%)
$49,880 + $279,800
$329,680
2021
$3,313 (+11.5%)
$49,880 + $215,700
$265,580
2020
$2,972 (+13.9%)
$49,880 + $191,900
$241,780
2019
$2,610 (−9.3%)
$39,900 + $181,700
$221,600
2018
$2,877 (+13.0%)
$39,900 + $142,900
$182,800
2017
$2,546 (+3.2%)
$39,900 + $142,900
$182,800
2016
$2,468 (−1.7%)
$37,910 + $133,800
$171,710
2015
$2,510
$37,910 + $133,800
$171,710
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.88 Acres
Year renovated
1948
Sq. Ft.
3,129
Year built
1948
Style
Single Family Residential
County
Spokane County
APN
45162.1071
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-3
Single-Family Residential District
Single-Family Residential. Allows for single-family residential development that provides flexibility and promotes reinvestment in existing single-family neighborhoods.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Bed & breakfast
Educational/school
Golf related
Cemetery
Park & open space
Nov 12, 2024 • Final
Mechanical permit - residential or commercial
Work on a residential building.
HVAC
Sep 16, 2022 • Final
Mechanical permit - residential or commercial
Work on a residential building.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.