12312 E Olive Ave, Spokane Valley, WA 99216 Property Records

Spokane County property record for 12312 E Olive Ave, Spokane Valley, WA 99216

Property Summary

Property Type	Apartments (5+ Units)
Details	21,828 sqft · built 2019
Lot Size	0.706 acres (30,735 sqft)
Owner	2 Trust Names on File
Last Sale	$135,000 (Jul 2018)
Tax Bill	$40,007 (2026)
Deeds & Mortgages	Jul 2026 Transfer Mar 2021 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`45153.1729`

Property Details

APN / Parcel Number

Primary APN	`45153.1729`

Interior

Building Area	21,828 sqft

Exterior

Year Built	Built 2019
Effective Year Built	Effective 2019
Lot Area	30,735 sqft (0.706 acres)
Garage Type	Carport
Garage Area	990 sqft
Carport	Carport
Carport Area	990 sqft
Parking Spaces	7 Parking Spaces
Total Buildings	2 Buildings

Location & Zoning

Street Address	12312 E OLIVE AVE
City	SPOKANE VALLEY
State	WA
Zip	99216-5195
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	GO
Legal Description	OPPORTUNITY E 115.72FT OF W 246.44FT OF N 188.95FT OF S 321.95FT OF S 1/2 TR 117 EXC W 15FT; & ALL OF TR 117 EXC W 246.44FT AND EXC THE S 133FT EXC W 15FT THEREOF &EXC STATE & CO RD R/W. EXCEPT ROW PER AFN 6780921.
Legal Tract	117,117
Jurisdiction	SPOKANE WA
Township / Civil Division	SPOKANE
Census Block Group	2
Census Block	2003
Census Tract	11800

Owner

12312 E Olive Ave, a residential property, is held in a trust since July 2018.

Source: Spokane County records, as of September 16, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Trust Names on File
Mailing Address	1238 S KARL JOHAN AVE, TACOMA, WA 98465-1222
Owner Type	Company
Vesting	Trust, Revocable Living Trust

Deeds, Mortgages & Sale History

Date	Document
Jul 22, 2026	Quit Claim Deed, Transfer NONE LISTED ON DOCUMENT
Mar 10, 2021	Deed of Trust, Mortgage · Commercial Mortgage TIAA FSB HOLDINGS INC
Oct 24, 2018	Trustee's Deed, Construction Loan · Line of Credit INLAND NORTHWEST BK
Jun 27, 2018	Quit Claim Deed, Transfer ATTORNEY ONLY
May 25, 2017	Warranty Deed, Transfer FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE
Jul 20, 2018	Grant Deed, Transfer FIRST AMERICAN TITLE

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 20, 2018 · Amount on File
Deed Sale	Jul 20, 2018 · Amount on File
Prior Sale	May 25, 2017 · Amount on File
Deed Document Number	20186726673
Prior Transfer Date	Jun 13, 2018
Prior Transfer Doc	0006720064
Record Updated	Oct 29, 2026

July 2026: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SPOKANE WA
Recording Date	Jul 22, 2026
Property Address	12312 E OLIVE AVE, SPOKANE VALLEY, WA 99216-5195
Document Number	0007503826
Instrument Date	Jun 4, 2026
Instrument	20267503826
Transaction Type	Transfer
Record Updated	Sep 1, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$1,010.00
Amount Accuracy	Full Amount Stated
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Living Trust
Address	1238 S KARL JOHAN AVE, TACOMA, WA 98465-1222

March 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SPOKANE WA
Property Address	12312 E OLIVE AVE, SPOKANE VALLEY, WA 99216-5195
Transaction Type	Mortgage
Record Updated	Nov 1, 2023
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0007045554
Date	Mar 10, 2021
Instrument	7045554

Lender

Name	TIAA FSB HOLDINGS INC
Type	Bank
Address	JACKSONVILLE, FL 32202

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

October 2018: Trustee's Deed, Construction Loan

Document Type	Trustee's Deed
Jurisdiction	SPOKANE WA
Recording Date	Oct 24, 2018
Property Address	12312 E OLIVE AVE, SPOKANE VALLEY, WA 99216-5195
Instrument Date	Oct 17, 2018
Instrument	6754557
Transaction Type	Construction Loan
Record Updated	Nov 9, 2018
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	12312 E OLIVE AVE SPOKANE VALLEY WA 992165195, SPOKANE VALLEY, WA 99216-5195

Mortgage

Document Number	0006754557
Date	Oct 24, 2018
Instrument	6754557

Lender

Name	INLAND NORTHWEST BK
Type	Bank
Address	421 W RIVERSIDE AVE # 113, SPOKANE, WA 99201-0402

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

June 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SPOKANE WA
Recording Date	Jun 27, 2018
Property Address	12312 E OLIVE AVE, SPOKANE VALLEY, WA 99216-5195
Document Number	0006720064
Instrument Date	Jun 13, 2018
Instrument	6720064
Transaction Type	Transfer
Record Updated	Nov 1, 2018
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

May 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SPOKANE WA
Recording Date	May 25, 2017
Property Address	12312 E OLIVE AVE, SPOKANE VALLEY, WA 99216-5195
Document Number	0006606635
Instrument Date	May 22, 2017
Instrument	6606635
Transaction Type	Transfer
Record Updated	Jun 16, 2017
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

Amount	Amount on Record
Tax	$2,408.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife

July 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SPOKANE WA
Recording Date	Jul 20, 2018
Property Address	12312 E OLIVE AVE, SPOKANE VALLEY, WA 99216-5195
Document Number	0006726673
Instrument Date	May 22, 2017
Instrument	6726673
Transaction Type	Transfer
Record Updated	Nov 2, 2018
Title Company	FIRST AMERICAN TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife

Tax Assessment & Valuation

The 2026 property tax bill for 12312 E Olive Ave was $40,007, up 6.3% from the year before.

Source: Spokane County assessment roll, as of September 16, 2026

Property Jurisdictions

Type	Name
State	Washington
County	Spokane County
Municipality	Spokane Valley City
Unified School District	Central Valley School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$40,007.00 (+6.3%)	$3,793,100 (+0.79%) Land $215,150 Building $3,577,950	$3,793,100 (+0.79%) Land $215,150 Building $3,577,950
2025	$37,635.00	$3,763,500 (+15.81%) Land $215,150 Building $3,548,350	$3,763,500 (+15.81%) Land $215,150 Building $3,548,350
2024		$3,249,600 (+59.48%) Land $153,680 Building $3,095,920	$3,249,600 (+59.48%) Land $153,680 Building $3,095,920
2023	$31,058.00 (+30.07%)	$2,037,600 Land $153,680 Building $1,883,920	$2,037,600 Land $153,680 Building $1,883,920
2022	$23,877.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 12312 E Olive Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 27, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 12312 E Olive Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MODERN ELECTRIC WATER CO private · serves 18,487 people · EPA ID WA5355600
Water Source	Groundwater
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 307 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Wired or Wireless Fixed Wireless · not low latency	200 / 40
CenturyLink DSL	140 / 20
Wind Wireless Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

Nearby Properties on E Olive Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures