SOLD AUG 14, 2026

Off Market Aug 2026 for $14M

—

Est. refi paymentEst. refi $79,901/mo

—

•

— ba

•

6,144

sq ft

221 S Adams Rd, Spokane Valley, WA 99216

About this home

221 S Adams Rd is a 6,144 square foot multi-family home on a 4.97 acre lot. - it last sold on August 14, 2026 for $14,404,000.

Multi-familyProperty Type

1976Year Built

4.97 acresLot Size

$2,344Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 99216, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.2%

1.1% MoM

Median sale price

$410K

$177 MoM

Avg. days on market

24d

8 days MoM

Recently sold homes

3 MoM

New listings for sale

$499,999
4 beds3 baths2,470 sq ft
5207 N Rees Rd, Spokane Valley, WA 99216
$405,000
3 beds2 baths2,342 sq ft
12703 E 8th Ave, Spokane Valley, WA 99216
3D WALKTHROUGH
$430,000
5 beds3 baths2,299 sq ft
1415 S Woodlawn Rd, Spokane Valley, WA 99216
3D WALKTHROUGH
$435,000
4 beds2 baths1,700 sq ft
5013 N Calvin Rd, Spokane Valley, WA 99216
$435,000
3 beds3 baths2,418 sq ft
13216 E 12th Ave, Spokane Valley, WA 99216
3D WALKTHROUGH
$379,500
4 beds2 baths1,788 sq ft
12505 E 31st Ave, Spokane Valley, WA 99016
3D WALKTHROUGH
$489,000
4 beds2 baths2,184 sq ft
14515 E 7th Ave, Spokane Valley, WA 99216
$475,000
3 beds2 baths1,800 sq ft
428 S Reese Ln, Spokane Valley, WA 99216
$385,000
3 beds2 baths1,408 sq ft
14517 E Caprio Ave, Spokane Valley, WA 99216
OPEN SAT, 12PM TO 3PM
$364,900
3 beds2 baths2,000 sq ft
12619 E 31st Ave, Spokane Valley, WA 99216
See all

Provided by Redfin

Sale history for 221 S Adams Rd

Year

Property tax

Land + Additions

Assessment*

2026

$109,327 (−11.1%)

$757,950 + $10,813,450

$11,571,400

2025

$122,945 (+8.0%)

$757,950 + $10,813,450

$11,571,400

2024

$113,849 (+9.2%)

$703,810 + $11,215,190

$11,919,000

2023

$104,213 (+3.5%)

$649,670 + $10,269,030

$10,918,700

2022

$100,660 (+7.3%)

$649,670 + $8,007,530

$8,657,200

2021

$93,816 (+15.4%)

$649,670 + $6,903,730

$7,553,400

2020

$81,291 (+14.6%)

$649,670 + $5,992,760

$6,642,430

2019

$70,907 (−10.3%)

$649,670 + $5,389,500

$6,039,170

2018

$79,091 (+13.5%)

$649,670 + $4,371,124

$5,020,794

2017

$69,707 (+24.3%)

$649,670 + $4,371,124

$5,020,794

2016

$56,082 (−1.2%)

$649,670 + $3,253,200

$3,902,870

2015

$56,781

$649,670 + $3,235,400

$3,885,070

Tax history for 221 S Adams Rd

Year

Property tax

Land + Additions

Assessment*

2026

$109,327 (−11.1%)

$757,950 + $10,813,450

$11,571,400

2025

$122,945 (+8.0%)

$757,950 + $10,813,450

$11,571,400

2024

$113,849 (+9.2%)

$703,810 + $11,215,190

$11,919,000

2023

$104,213 (+3.5%)

$649,670 + $10,269,030

$10,918,700

2022

$100,660 (+7.3%)

$649,670 + $8,007,530

$8,657,200

2021

$93,816 (+15.4%)

$649,670 + $6,903,730

$7,553,400

2020

$81,291 (+14.6%)

$649,670 + $5,992,760

$6,642,430

2019

$70,907 (−10.3%)

$649,670 + $5,389,500

$6,039,170

2018

$79,091 (+13.5%)

$649,670 + $4,371,124

$5,020,794

2017

$69,707 (+24.3%)

$649,670 + $4,371,124

$5,020,794

2016

$56,082 (−1.2%)

$649,670 + $3,253,200

$3,902,870

2015

$56,781

$649,670 + $3,235,400

$3,885,070

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

MFR

Multifamily Residential District

Multifamily Residential. Allows for multifamily housing located near business and commercial centers, the arterial street system, and public transit. Adjacent single-family zones are protected through transitional standards.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Educational/school
Golf related
Park & open space

Dec 9, 2025 • Final

Right of way

Install new fiber optic cable and a splice case on existing utility lines.

Electrical

Apr 24, 2025 • Final

Mechanical permit - residential or commercial

Work on a commercial 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.

Property details

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Exterior Wall: Asphalt Siding
Building Type: Apartment Hi Rise

Property Information
Subdivision Name: VERA 69
Building Sq. Ft: 6,144
# of Stories: 2
Legal Description: VERA BLK 69 EXC E198' & EXC W5' & EXC S130' & EXC RR R/W

Lot Information
# of Buildings: 9
Land Sq. Ft: 216,556
Legal Block Number: 69
Municipality Name: SPOKANE VAL FRMRLY PTN OF 1400
Acres: 4.9714
County Use Description: 5+ UNITS

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 6,144
Stories: 2.0
Lot Size: 4.97 acres
Style: Multi-Family (5+ Unit)
Year Built: 1976
Year Renovated: 1976
County: Spokane County
APN: 45231.0647

Home facts updated by county records on Sep 2, 2026

Around this home

Schools

Adams Elementary School

Public PreK-5 • Assigned • 0.3mi

7/10

Evergreen Middle School

Public 6-8 • Assigned • 0.8mi

8/10

Central Valley High School

Public 9-12 • Assigned • 0.7mi

8/10

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

1/10 Fire Factor

Unlikely to be 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

9/10 Air Factor

14 unhealthy days expected this year, 15 days in 30 years

Provided by First Street

Historical weather

Spokane Valley, WA • 99216

Average low and high temperatures (°F)

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

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 99216

$499,999

4 beds3 baths2,470 sq ft

5207 N Rees Rd, Spokane Valley, WA 99216

$405,000

3 beds2 baths2,342 sq ft

12703 E 8th Ave, Spokane Valley, WA 99216

3D WALKTHROUGH

$430,000

5 beds3 baths2,299 sq ft

1415 S Woodlawn Rd, Spokane Valley, WA 99216

3D WALKTHROUGH

$435,000

4 beds2 baths1,700 sq ft

5013 N Calvin Rd, Spokane Valley, WA 99216

$435,000

3 beds3 baths2,418 sq ft

13216 E 12th Ave, Spokane Valley, WA 99216

3D WALKTHROUGH

$379,500

4 beds2 baths1,788 sq ft

12505 E 31st Ave, Spokane Valley, WA 99016

3D WALKTHROUGH

$489,000

4 beds2 baths2,184 sq ft

14515 E 7th Ave, Spokane Valley, WA 99216

$475,000

3 beds2 baths1,800 sq ft

428 S Reese Ln, Spokane Valley, WA 99216

$385,000

3 beds2 baths1,408 sq ft

14517 E Caprio Ave, Spokane Valley, WA 99216

Home values near 221 S Adams Rd

Data from public records.

Address	Redfin Estimate
321 South Adams Road, Spokane Valley, WA 6 Beds \| 5 Baths \| - Sq. Ft.	$519,394
14815 East 2nd Avenue, Spokane Valley, WA 6 Beds \| 4 Baths \| 3080 Sq. Ft.	$486,063

Address	Redfin Estimate
304 South Adams Road, Spokane Valley, WA 6 Beds \| 8.5 Baths \| 4400 Sq. Ft.	$2,146,376
14715 East 4th Avenue, Spokane Valley, WA 7 Beds \| 3.5 Baths \| 2288 Sq. Ft.	$390,603

Address	Redfin Estimate
14810 East 2nd Avenue, Spokane Valley, WA 6 Beds \| 3 Baths \| 2648 Sq. Ft.	$453,151
14818 East 4th Avenue, Spokane Valley, WA - Beds \| 1 Baths \| - Sq. Ft.	$599,404

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 99216, WA

Sale history for 221 S Adams Rd

Tax history for 221 S Adams Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 99216

Home values near 221 S Adams Rd

More real estate resources