2225 S Inland Empire Way Spokane, WA 99224
Latah Valley NeighborhoodEstimated payment $9,725/month
Highlights
- 1 Acre Lot
- Territorial View
- Fenced Yard
- Wilson Elementary School Rated A-
- No HOA
- Oversized Lot
About This Home
Introducing the iconic Lowell School. This building zoned multi uses, including retail, residential & commercial. Check with city planning and verify all the allowed uses. Building is roughed in & ready for your business ideas. Don't miss your chance to be part of this extraordinary chapter in Spokane's story. Step inside, you'll discover a treasure trove of original details that speak to the schoolhouse's rich history. From the elegant arched multi-paned interior vestibule windows to the built-in storage cupboards, every corner exudes craftsmanship & character. Thick plaster walls adorned w/rounded molded-plaster corners & beveled molded-plaster window sills further enhance the building's unique charm. Improvements are newer roof, all plumbing roughed in, electrical, dry sprinkler system, and much more. For those seeking a truly special opportunity to make their mark on Spokane's landscape, this property beckons w/ endless possibilities. Ask for List of updates that are available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12
Year Built
- Built in 1918
Lot Details
- 1 Acre Lot
- Fenced Yard
- Oversized Lot
- Level Lot
Home Design
- Stucco
Interior Spaces
- 2 Bathrooms
- 5,956 Sq Ft Home
- 1-Story Property
- Territorial Views
- Partially Finished Basement
Accessible Home Design
- Halls are 32 inches wide or more
- Ramp on the main level
Outdoor Features
- Patio
Schools
- Sacajewa Middle School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 25254.0703
Map
Home Values in the Area
Average Home Value in this Area
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 | $12 | $312,660 | $86,960 | $225,700 |
2024 | $12 | $302,960 | $86,960 | $216,000 |
2023 | $12 | $303,760 | $86,960 | $216,800 |
2022 | $12 | $287,160 | $86,960 | $200,200 |
2021 | $12 | $249,720 | $65,220 | $184,500 |
2020 | $12 | $172,620 | $65,220 | $107,400 |
2019 | $7 | $168,420 | $65,220 | $103,200 |
2018 | $7 | $165,420 | $65,220 | $100,200 |
2017 | $7 | $165,620 | $65,220 | $100,400 |
2015 | $2,424 | $169,740 | $65,340 | $104,400 |
2014 | -- | $116,600 | $31,500 | $85,100 |
2013 | -- | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/29/2025 05/29/25 | For Sale | $1,825,000 | -- | $306 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Special Warranty Deed | $340,000 | Spokane County Title Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $140,000 | Commercial |
Source: Spokane Association of REALTORS®
MLS Number: 202517584

APN: 25254.0703
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