14 days on rocket

1115 S Rees Ln, Spokane Valley, WA, 99037

$585,000

Home List Price

$6,947*

Closing Credit

0 Baths
2,180 SqFt
$268/SqFt
Multi
Schools Nearby

Location

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1115 S Rees Ln, Spokane Valley$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached
Attached Garage3 spaces
Year Built2024
HeatingGas, Forced Air, Other
BasementYes
ViewTerritorial
MLS #202415622
Lot Size0.23 Acres
StatusActive

About 1115 S Rees Ln

This is 1 of 2 that are left to build! One level home in quiet cul de sac features a new rancher with detached one-story accessory dwelling unit on the same lot. Main home is 1495 sq ft with 3 bdrms, 2 bths & 2 car garage. Great room has cathedral ceilings, the open feel is enriched by an elegant kitchen, custom cabinetry, island with breakfast counter and slider to the 26x10 covered patio! Primary suite has large bathroom with double sink vanity & walk-in closet. A high efficiency gas furnace & programable thermostat. Covered patio leads to the ADU, a comfortable 685 sq ft with 1 bdrm, 1 bth & 1 car garage. ADU Heat pump supplies electric heat and cooling. Perfect for in law set up, multi-generational living, Casita or rental income on one of the homes. More privacy than a duplex! Spokane Valley's first homes with detached, designed Accessory Dwelling Units. Homes are quality built by Big Sky Homes and Development. Still time to pick colors/upgrades.

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher
  • Year Built: 2024
  • Living Area: 2,180 SqFt

Listing Office:

  • Office Name: Windermere Real Estate/Cornerstone
  • Office Phone: (509) 927-7733
  • Listing Agent: Kathy Moore

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave
  • Basement: Yes
  • Interior: Utility Room, Cathedral Ceiling(s), Windows Vinyl, In-Law Floorplan

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Territorial
  • Exterior: Patio, None

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Fencing, Sprinklers, Level, Cul-De-Sac
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air, Other

School Info

Assigned Schools Information:

  • Central Valley High School, Public District Grades 9-12
  • North Pines Middle School, Public District Grades 6-8
  • Summit School, Public District Grades KG-8
  • Progress Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South of Sprague, drive S. on Evergreen, East on 12th Ave. to Rees Lane. Between Evergreen and Adams.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $268/SqFt
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Housing Market Comparison

See how this home compares to others in Spokane Valley, WA.

Med. Sold Price

$417.6K

Med. Price/SqFt

$207

Avg. Days On Market

29

# of Sold Homes

88

1115 S Rees Ln vs Spokane Valley

14 DAYS ON ROCKET

-15 Days

$585,000

+$167.3K More

$268/SqFt

+$60 More

KEY TAKEAWAY

This property is $167.3K more than the Median Sold Price and $60/SqFt more than other homes in Spokane Valley, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202415622

Listing Office:

  • Office Name: Windermere Real Estate/Cornerstone
  • Office Phone: (509) 927-7733
  • Listing Agent: Kathy Moore

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 10:10:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2879825
2
/10
  • Progress Elementary School

  • 710 N Progress Rd

  • 0.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2879826
4
/10
  • North Pines Middle School

  • 701 N Pines Rd

  • 1.41 miles

  • Public District Grades 6-8

school-card-donut-2879827
5
/10
  • Summit School

  • 612 S Mcdonald Rd

  • 1.45 miles

  • Public District Grades KG-8

High School

school-card-donut-2879828
6
/10
  • Central Valley High School

  • 821 S Sullivan Rd

  • 1.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,865. Typical income of Spokane Valley, WA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesWashingtonSpokane CountySpokane Valley990371115 S Rees Ln

This home is located at 1115 S Rees Ln in Spokane Valley, WA and zip code 99037 in the Verdale Heights neighborhood. This 2,180 square foot home, which was built in 2024, sits on a 0.23 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $585,000.

Spokane Valley, WA housing market in April 2024 saw over 37 listings sold above listed price, more than 25 sold at listed price and over 26 sold below. The inventory of homes for sale in Spokane Valley, WA between March 2024 and April 2024 increased by 24.4%. In April 2024 median list price was $417,654 and the average listing age was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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