NOT LISTED FOR SALE

1227 E 40th Ave Spokane, WA 99203

Moran Prairie Neighborhood

Estimated Value: $356,000 - $435,000

4 Beds
2 Baths
1,542 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $380,000 $246 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,443/month

90 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Eat-In Kitchen
  • Sacajawea Middle School Rated A-
  • 1 Car Detached Garage
  • Building Patio

About This Home

As of February 2024

Welcome to this beautiful bright & airy home located in the heart of the South Hill. This 3 bedroom plus bonus room and 2 bath rancher is fully move-in ready. On the main level you will enjoy 2 bedrooms, 1 full bathroom, a large living room and a well appointed kitchen with black stainless steel appliances (new in 2021) and an eat-in nook. Downstairs is the 3rd bedroom with an egress window, the 2nd stylish bathroom and a 4th non conforming bedroom or bonus space perfect for a TV room, an office or a gym. New HVAC system in 2021. Backyard is fully fenced, great for entertaining with a spacious newer concrete patio, there is even an alley access. Doggie door to the backyard, too. The detached 1 car garage wraps up this quaint home!

Last Agent to Sell the Property

Nathalie Batty

Redfin License #126238 Listed on: 10/25/2023

Redfin

Last Buyer's Agent

Mike Offield

Windermere Valley License #130291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 1950

Lot Details

  • 6,250 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Off-Street Parking
  • RV Access or Parking

Schools

  • Jefferson Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat

Community Details

  • No Home Owners Association
  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35324.1017

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,155

Year Built

Built in 1950

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1950
  • Lvt Date: 10/25/2023
  • Common Interest Community: No
  • Geo Address Line: 1227 E 40th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/25/2023 4:16:57 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Allow Public Comments: No
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1542
  • Price Per Sq Ft: 246.43
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 783
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Second Floor Bathrooms: 1
  • Basement: Full, Finished
  • Estimated Basement Sq Ft: 759
  • Basement: Yes
  • Basement Bedrooms: 2
  • Special Features: Wood Wn Fr, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal, Kit Eat Sp
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking, Off St Prkg, Alley Access
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm.
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Spokane Dist 81
  • Elementary School: Jefferson
  • Middle School: Sacajawea
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Jefferson

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 6250
  • Lot Information: Fncd Bk Yd
  • Parcel Number: 35324.1017
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 4155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Feb 20, 2024
Sold by
Wilkinson Ian and Wilkinson Heather
Bought by
Bloom Samuel
Seller's Agent
Nathalie Batty
Redfin
Buyer's Agent
Mike Offield
Windermere Valley
List Price
$419,900
Sold Price
$380,000
Premium/Discount to List
-$39,900
-9.5%
Views
240
Current Estimated Value
$404,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,678
Avg. Annual Appreciation
2.65%
Original Mortgage
$304,000
Outstanding Balance
$299,556
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$96,555

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 14, 2021
Sold by
Ward Brett J and Ward Molly E
Bought by
Wilkinson Ian and Wilkinson Heather
Seller's Agent
Matt Raby
Amplify Real Estate Services
Buyer's Agent
Rachel Wilson
Redfin
List Price
$374,900
Sold Price
$345,000
Premium/Discount to List
-$29,900
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$327,750
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 13, 2018
Sold by
Marchioro William J and Marchioro Denise K
Bought by
Ward Brett J and Ward Molly E
Seller's Agent
Seth Maefsky
Keller Williams Realty Coeur d
Buyer's Agent
Blythe Thimsen
Windermere City Group
List Price
$249,900
Sold Price
$247,100
Premium/Discount to List
-$2,800
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%
Original Mortgage
$242,526
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2013
Sold by
Marchioro William J and Marchioro Denise K
Bought by
Marchioro William J and Marchioro Denise K
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bloom Samuel $380,000 Wfg National Title
Wilkinson Ian $345,000 Wfg Insured
Ward Brett J $247,100 First American Title Ins Co
Marchioro William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloom Samuel $304,000
Previous Owner Wilkinson Ian $327,750
Previous Owner Ward Brett J $242,526
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $380,000 0.0% $246 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $380,000 -3.8% $246 / Sq Ft
01/12/2024 01/12/24 Price Changed $395,000 -1.0% $256 / Sq Ft
11/27/2023 11/27/23 Price Changed $399,000 -2.4% $259 / Sq Ft
11/13/2023 11/13/23 Price Changed $409,000 -1.2% $265 / Sq Ft
11/06/2023 11/06/23 Price Changed $413,990 -1.4% $268 / Sq Ft
10/25/2023 10/25/23 For Sale $419,900 +21.7% $272 / Sq Ft
04/21/2021 04/21/21 Sold $345,000 -5.5% $224 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $364,900 -2.7% $237 / Sq Ft
03/05/2021 03/05/21 For Sale $374,900 +51.7% $243 / Sq Ft
06/14/2018 06/14/18 Sold $247,100 0.0% $160 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $247,100 -1.1% $160 / Sq Ft
04/05/2018 04/05/18 For Sale $249,900 -- $162 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,569 $349,900 $105,000 $244,900
2024 $3,569 $359,600 $80,000 $279,600
2023 $4,155 $392,000 $80,000 $312,000
2022 $3,719 $424,900 $69,600 $355,300
2021 $3,013 $253,160 $63,360 $189,800
2020 $2,937 $237,760 $63,360 $174,400
2019 $2,507 $209,600 $57,600 $152,000
2018 $2,158 $155,000 $48,000 $107,000
2017 $1,837 $134,300 $43,000 $91,300
2016 $1,823 $130,400 $43,000 $87,400
2015 $1,749 $122,400 $43,000 $79,400
2014 -- $126,100 $43,000 $83,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Offield

    Buyer's Agent in 2024

    Mike Offield

    Windermere Valley

    (509) 951-7561

    3 in this area

    59 Total Sales

    Mike Offield
    Section Image
  • Matt Raby

    Seller's Agent in 2021

    Matt Raby

    Amplify Real Estate Services

    (509) 939-7411

    6 in this area

    175 Total Sales

    Matt Raby
    Section Image

  • R

    Buyer's Agent in 2021

    Rachel Wilson

    Redfin

    Section Image
  • Seth Maefsky

    Seller's Agent in 2018

    Seth Maefsky

    Keller Williams Realty Coeur d

    (509) 922-7355

    17 in this area

    464 Total Sales

    Seth Maefsky
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sally Olsen

    Keller Williams Spokane - Main

    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202323667

Spokane Association of REALTORS®

APN: 35324.1017

Washington Spokane County Spokane 99203 Moran Prairie

1227 E 40th Ave, Spokane, WA

This home is located at 1227 E 40th Ave, Spokane, WA 99203 since 25 October 2023 and is currently estimated at $404,678, approximately $262 per square foot. This property was built in 1950. 1227 E 40th Ave is a home located in Spokane County with nearby schools including Jefferson Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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