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12425 E Olive Ave, Spokane, WA, 99216

3beds
3baths
1,914sqft
$249,900
$131price/sqft
$1,494/moest. monthly cost
$59,760/yrincome needed

About This Home

Welcome to this spacious 3 bedroom, 2.5 bath condo located in the heart of Spokane Valley. The main floor features a bright living room, half bath, and a generous kitchen with abundant cabinetry and an informal dining area. Upstairs offers a primary bedroom with a private 3/4 bath, plus two additional guest bedrooms and a full guest bath. The lower level includes a sizable family room with a wet bar, a dedicated laundry room with extra storage, a bonus workshop area, and walk-out access to the common yard, rec center, and fenced outdoor pool. Assigned parking located just steps from the front door. The monthly HOA fee covers water, sewer, garbage, common-area maintenance, and management services. This property is ideal for both owner-occupants and investors. Easy access to I-90, shopping, medical services, and a wide range of local amenities.

Getting Around

68
WalkingSomewhat Walkable
35
TransitSome Transit
64
BikeBikeable

Schools

4/10
6/10
7/10

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Composition
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Water Softener,Free-Standing Range,Dishwasher,Refrigerator,Disposal,Microwave
  • Laundry features: In Basement

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Rec/Family Area,Walk-Out Access,Workshop

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Wood

First Floor

  • Level: First
  • Area: 638

Heating & Cooling

  • Heating features: Ductless,Zoned
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 1,914
  • Total interior livable area: 1,914 sqft

Other

  • Level: Second
  • Area: 638

Property

Details

  • Parcel number: 45153.4709

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Features: Views,Sprinkler - Automatic,Level,Oversized Lot,Common Grounds,Plan Unit Dev

Parking

  • Total spaces: 1
  • Parking features: Carport,Off Site
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$65$780
Property Taxes $17$204
Electricity $149$1,793
Total$1,494$17,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,222/yr
40% on housing$44,820/yr
45% on housing$39,840/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 99216$183
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99216$187
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-20Listed for sale$255,000

For Sale by Agent

AgentAnnie Franken
BrokerageCENTURY 21 Beutler & Associates

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