Valley HUD Home. Three-level home with daylight basement. Living room has gas fireplace. One bedroom on each floor. Huge yard. Two-car detached garage. Two bedrooms per FHA appraisal.
Single-familyProperty Type
1953Year Built
0.34 acresLot Size
$244Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Bob Travis• Windermere Manito, LLC
Bought with Darlene Dawson• Windermere Manito, LLC
Source:SPOKANEMLS as Distributed by MLS Grid #201514347
Redfin Estimate
$378,110
$168K since sold in March 2020$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.2% higher than the average sale price ($334K) of 6 comparable homes.
Valley HUD Home. Three-level home with daylight basement. Living room has gas fireplace. One bedroom on each floor. Huge yard. Two-car detached garage. Two bedrooms per FHA appraisal.
Public Records
Jun 26, 2008
Sold
$183,894
$119/sq ft
SPOKANEMLS as Distributed by MLS Grid #28020612
Jul 1, 2008
Sold
$183,895
$119/sq ft
May 16, 2008
Listed
$175,000
$113/sq ft
+4
Extremely clean and cozy, this fenced one and a half story home has 3 bedroom, 2 baths and sits on an oversized shady lot in a great Valley location! This home features a built-in pub table, big screen TV insert, hot tub and a large RV/boat parking. One year home warranty is also included!
SPOKANEMLS as Distributed by MLS Grid #24024703
Sep 28, 2004
Sold
$144,950
$94/sq ft
Aug 30, 2004
Listed
$144,950
$94/sq ft
Public Records
Jun 11, 1998
Sold
$80,000
$52/sq ft
Public Records
May 29, 1998
Sold
$63,000
$41/sq ft
Public Records
Jul 31, 1992
Sold
$39,950
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,491 (+8.6%)
$80,000 + $219,600
$299,600
2025
$3,214 (+8.5%)
$80,000 + $219,600
$299,600
2024
$2,963 (+12.8%)
$80,000 + $226,900
$306,900
2023
$2,626 (+4.3%)
$90,000 + $181,900
$271,900
2022
$2,518 (+4.4%)
$60,000 + $154,500
$214,500
2021
$2,413 (+9.7%)
$60,000 + $132,400
$192,400
2020
$2,199 (+15.4%)
$55,000 + $122,900
$177,900
2019
$1,905 (−18.5%)
$45,000 + $115,800
$160,800
2018
$2,338 (+2.2%)
$45,000 + $119,000
$164,000
2017
$2,288 (+2.0%)
$45,000 + $119,000
$164,000
2016
$2,243 (+1.0%)
$45,000 + $110,800
$155,800
2015
$2,221
$50,000 + $92,900
$142,900
Tax history for 1201 S Walnut Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,491 (+8.6%)
$80,000 + $219,600
$299,600
2025
$3,214 (+8.5%)
$80,000 + $219,600
$299,600
2024
$2,963 (+12.8%)
$80,000 + $226,900
$306,900
2023
$2,626 (+4.3%)
$90,000 + $181,900
$271,900
2022
$2,518 (+4.4%)
$60,000 + $154,500
$214,500
2021
$2,413 (+9.7%)
$60,000 + $132,400
$192,400
2020
$2,199 (+15.4%)
$55,000 + $122,900
$177,900
2019
$1,905 (−18.5%)
$45,000 + $115,800
$160,800
2018
$2,338 (+2.2%)
$45,000 + $119,000
$164,000
2017
$2,288 (+2.0%)
$45,000 + $119,000
$164,000
2016
$2,243 (+1.0%)
$45,000 + $110,800
$155,800
2015
$2,221
$50,000 + $92,900
$142,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Basement Information
Basement Sq. Ft: 428
Basement Type: Partial
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Forced Air Gas
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Gas/Log
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Style Type: Ranch
Building Construction Quality: Fair
Exterior Wall: Wood Frame
Roof Shape Type: Gable
Building Type: House
Property Information
Subdivision Name: UNIVERSITY PLACE
Living Sq. Ft: 1,548
Ground Floor Sq. Ft: 1,120
Building Sq. Ft: 1,548
# of Stories: 1
Legal Description: UNIVERSITY PL LTS12-13 BLK17
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 648
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 15,000
Legal Lot Number: 12
Legal Block Number: 17
School Tax District: CENTRAL VALLEY
Municipality Name: SPOKANE VAL FRMRLY PTN OF 1400
Acres: 0.3444
Depth Footage: 150
Front Footage: 100
County Use Description: SINGLE UNIT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,548
Stories: 1.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: 2001
County: Spokane County
APN: 45204.1844
Home facts updated by county records on Jun 30, 2026
Around this home
Schools
University Elementary School
Public PreK-5 • Assigned • 0.5mi
7/10
Bowdish Middle School
Public 6-8 • Assigned • 1.0mi
4/10
University High School
Public 9-12 • Assigned • 2.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
12 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
Spokane Valley, WA • 99206
Average low and high temperatures (°F)
36
25
40
27
52
34
60
36
70
45
76
51
86
58
85
58
80
52
59
38
44
34
40
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
1.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$356,000 – $431,000
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