NOT LISTED FOR SALE

2318 E 48th Ave Spokane, WA 99223

Moran Prairie Neighborhood

Estimated Value: $516,000 - $543,000

5 Beds
3 Baths
2,308 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $525,000 $227 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,207/month

62 Days on Market

Highlights

  • RV Access or Parking
  • 2 Fireplaces
  • No HOA
  • Hamblen Elementary School Rated A-
  • Solid Surface Countertops
  • Fenced Yard

About This Home

As of November 2024

Welcome to the perfect blend of modern elegance and farmhouse charm in this fully updated 5-bedroom, 3-bathroom gem in the heart of South Hill. The inviting great room boasts a vaulted ceiling and a cozy fireplace, creating the ideal space for gatherings. The open-concept kitchen and dining area flow seamlessly to a spacious deck, perfect for entertaining or enjoying peaceful moments overlooking your expansive fenced backyard. Recent upgrades include: new washer/dryer, range, water heater and furnace. Just around the corner from Southeast Sports Complex Park, this home offers the best of South Hill living—proximity to recreation, and all the conveniences you desire.

Last Agent to Sell the Property

Nathalie Batty

Redfin License #126238 Listed on: 08/15/2024

Redfin

Last Buyer's Agent

Lori Phillips

R.H. Cooke & Associates License #13941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,878

Year Built

  • Built in 1978

Lot Details

  • 8,920 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Off-Site Parking
  • RV Access or Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • 2,308 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Peperzak Middle School
  • Ferris High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Programmable Thermostat
  • Hot Water Provided By Condo Association

Community Details

  • No Home Owners Association
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 34041.0806

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,878

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Treed, Level
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Deck, Hot Water
  • Co List Office Phone: (509) 260-8296
  • MLS Status: Sold
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Vinyl, Multi Pn Wn
  • New Construction: No
  • Reso Structure Type: Split Entry
  • SAR_NumberFireplaces: 1
  • SAR_NumberFireplaces: 1
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Finished, Rec/Family Area, Laundry, Walk-Out Access
  • Appliances: Gas Range, Refrigerator, Pantry, Kit Island, Washer, Dryer, Hrd Surface Counters
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplaces: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brk Accent, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, RV Parking, Off Site, Oversized

Utilities

  • Cooling: Central Air
  • Heating: Gas Hot Air Furnace, Forced Air, Prog. Therm.

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hamblen
  • High School: Ferris
  • Middle Or Junior School: Peperzak

Lot Info

  • Parcel Number: 34041.0806
  • Lot Size Sq Ft: 8920

Tax Info

  • Tax Annual Amount: 4878

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Nov 15, 2024
Sold by
Cochran Lindsey K and Vieceli Anthony L
Bought by
Gaines Serena L
Seller's Agent
Nathalie Batty
Redfin
Buyer's Agent
Lori Phillips
R.H. Cooke & Associates
List Price
$545,000
Sold Price
$525,000
Premium/Discount to List
-$20,000
-3.67%
Views
37
Current Estimated Value
$529,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,535
Avg. Annual Appreciation
0.78%
Original Mortgage
$302,500
Outstanding Balance
$299,489
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$230,046

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 21, 2020
Sold by
Kirby Richard A
Bought by
Cochran Lindsey K and Vieceli Anthony L
Seller's Agent
Elizabeth Sorensen
Realty One Group Eclipse
Buyer's Agent
Nathalie Batty
Redfin
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$324,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 19, 2019
Sold by
Meisner Mildred W and Estaete Of Fred W Ryser
Bought by
Kirby Richard A
Seller's Agent
Brenda McKinley
Windermere Valley
Buyer's Agent
Elizabeth Sorensen
Realty One Group Eclipse
List Price
$180,000
Sold Price
$207,500
Premium/Discount to List
$27,500
15.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.87%

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 18, 2019
Sold by
Ryser Ricky William
Bought by
Sorcinelli Daniel J
Seller's Agent
Brenda McKinley
Windermere Valley
Buyer's Agent
Elizabeth Sorensen
Realty One Group Eclipse
List Price
$180,000
Sold Price
$207,500
Premium/Discount to List
$27,500
15.28%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Ryser Fred W
Bought by
Newman Nancy A

Purchase Details

Closed on
May 10, 1998
Sold by
Newman Nancy A
Bought by
Ryser Fred W and Ryser Charlsie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaines Serena L $525,000 Wfg National Title
Cochran Lindsey K $405,000 Vista Title & Escrow Llc
Kirby Richard A $207,500 None Available
Sorcinelli Daniel J -- First American Title
Newman Nancy A -- Pacific Nw Title
Ryser Fred W $47,700 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Serena L $302,500
Previous Owner Cochran Lindsey K $324,000
Previous Owner Ryser Fred W $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2024 11/18/24 Sold $525,000 -1.9% $227 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $535,000 -1.8% $232 / Sq Ft
08/15/2024 08/15/24 For Sale $545,000 +34.6% $236 / Sq Ft
09/22/2020 09/22/20 Sold $405,000 +2.5% $175 / Sq Ft View Prior Sale
08/23/2020 08/23/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $395,000 -2.5% $171 / Sq Ft
08/11/2020 08/11/20 Off Market $405,000 -- --
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 Price Changed $420,000 +6.3% $182 / Sq Ft
08/07/2020 08/07/20 For Sale $395,000 +90.4% $171 / Sq Ft
10/23/2019 10/23/19 Sold $207,500 +15.3% $94 / Sq Ft View Prior Sale
09/30/2019 09/30/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $180,000 -- $82 / 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 $5,195 $474,000 $150,000 $324,000
2024 $5,195 $523,900 $105,000 $418,900
2023 $5,178 $503,800 $75,000 $428,800
2022 $4,078 $529,800 $68,000 $461,800
2021 $2,326 $195,200 $59,400 $135,800
2020 $3,200 $259,100 $59,400 $199,700
2019 $2,674 $223,600 $54,000 $169,600
2018 $2,629 $188,900 $45,000 $143,900
2017 $2,366 $173,100 $40,000 $133,100
2016 $2,415 $172,900 $40,000 $132,900
2015 $2,322 $162,600 $40,000 $122,600
2014 -- $158,100 $40,000 $118,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Phillips

    Buyer's Agent in 2024

    Lori Phillips

    R.H. Cooke & Associates

    (509) 953-1000

    1 in this area

    20 Total Sales

    Lori Phillips
    Section Image
  • Elizabeth Sorensen

    Seller's Agent in 2020

    Elizabeth Sorensen

    Realty One Group Eclipse

    (509) 844-6539

    3 in this area

    70 Total Sales

    Elizabeth Sorensen
    Section Image
  • Brenda McKinley

    Seller's Agent in 2019

    Brenda McKinley

    Windermere Valley

    (509) 850-4663

    183 Total Sales

    Brenda McKinley
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202421360

Spokane Association of REALTORS®

APN: 34041.0806

Washington Spokane County Spokane 99223 Moran Prairie

2318 E 48th Ave, Spokane, WA

Not Listed for Sale

Detached

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