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12461 E Olive Ave, Spokane Valley, WA, 99216

4beds
3baths
0sqft
$250,000
--price/sqft
$1,694/moest. monthly cost
$67,760/yrincome needed

About This Home

Spacious & well-maintained Spokane Valley townhouse-style condo in desirable Pines Village offering nearly 2,000 sq ft of flexible living space. Features include 3 conforming bedrooms, 3 bathrooms, plus finished basement w/large non-conforming bedroom/family room ideal for guests, office, workout space, media room, or additional living area. Thoughtful updates include granite countertops, soft-close cabinetry & drawers, updated flooring, crown molding, push-button garbage disposal, Ring security cameras, wall A/C unit & included washer/dryer. Covered parking included. Additional parking, RV parking & storage may be available for additional fee. HOA includes water, sewer, garbage, common area maintenance, accounting & fire/liability insurance. Seller to pay current $4,000 special assessment in full at closing. Ask your Realtor to see the 3D floorplan virtual tour!

Getting Around

61
WalkingSomewhat Walkable
35
TransitSome Transit
63
BikeBikeable

Schools

4/10
6/10
7/10

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Composition
  • Construction materials: Brick,Cedar

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

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

Basement

  • Level: Basement

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Hard Surface Counters

First Floor

  • Level: First
  • Area: 0

Heating & Cooling

  • Heating features: Electric,Baseboard
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 0

Other

  • Area: 0

Other

  • Level: Second
  • Area: 0

Third Floor

  • Level: Third
  • Area: 0

Property

Details

  • Parcel number: 45153.4727

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Territorial

Lot

  • Features: Sprinkler - Automatic,Level,Hillside,Common Grounds,Zero Lot Line

Parking

  • Total spaces: 1
  • Parking features: Detached,Carport,RV Access/Parking,See Remarks
  • 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 $1,264$15,168
Home Insurance *$65$780
Property Taxes $216$2,592
Electricity $149$1,793
Total$1,694$20,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,080/yr
40% on housing$50,820/yr
45% on housing$45,173/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

--This 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
2026-05-09Listed for sale$270,000
2020-02-04Sold$177,000
2020-01-30Pending sale$175,000
2019-12-30Listed for sale$175,000
2019-12-30Pending sale$175,000
2019-11-26Pending sale$175,000
2019-11-18Price change$175,000
2019-10-24Listed for sale$178,000
2008-03-25Sold$133,900
2005-11-28Sold$116,000
2003-04-29Sold$85,500
2001-08-29Sold$91,899

For Sale by Agent

AgentBernadette Pillar
BrokerageBernadette Pillar Real Estate

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