NOT LISTED FOR SALE

Estimated Value: $590,000 - $672,320

4 Beds
2 Baths
3,858 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $500,000 $130 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,864/month

57 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Territorial View
  • Prairie View Elementary School Rated A-
  • 2.41 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of September 2021

Historic 5-mile homestead! 2.41 acres in a prime location just down the street from Prairie View Elementary. Owned in the same family since 1910, this property is ready for new owners to put their unique stamp on it. Remarkably spacious 1.5 story home features a versatile layout with great bones. Main level consists of 3 bed / 2 bath, large kitchen with vaulted ceilings & 2 living rooms. Upstairs has a bedroom, loft space, huge living area with balcony overlooking the land + potential to add another bedroom & bathroom. 2 car attached garage, attached shop, extra storage space & 2 newer storage sheds built by the Amish. Major updates include a new septic system & drain field, newer architectural roof and brand-new City water service. Radiant gas heat plus generator hookup. Urban Reserve zoning gives this property huge upside for future development and land value! Plenty of space for shops, animals, gardens, a hobby farm – whatever you want to dream up. So much potential on this special piece of property!

Last Agent to Sell the Property

Erik Dordal

Windermere City Group License #91026 Listed on: 06/15/2021

Windermere City Group

Last Buyer's Agent

Andy Kerr

Kestell Company License #30584

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1906

Lot Details

  • 2.41 Acre Lot
  • Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,858 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Territorial Views
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Workshop in Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Storage Shed

Horse Facilities and Amenities

  • Horse Setup
  • Horses Allowed On Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • 200+ Amp Service
  • Water Heater
  • Septic System

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 26242.9151

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,280

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1906
  • Lvt Date: 06/15/2021
  • Common Interest Community: No
  • Geo Address Line: 2405 W Johannsen Rd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 6/15/2021 3:54:29 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3858
  • Price Per Sq Ft: 129.6
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 2445
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 2
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 1233
  • Second Floor Bedrooms: 1
  • Second Floor Family Room: 1
  • Basement: Partial, Unfinished
  • Estimated Basement Sq Ft: 180
  • Basement: Yes
  • Special Features: Mn Flr Util, Wood Flr, Nat Wdwrk, Skylight, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Formal, Informal
  • Family/Recreation Room: 1st Flr, 2nd Flr, Off Kit, Great room
  • Features: Breakers, 200 AMP
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, Refrig, Kit Island
  • Primary Bedroom: Full Bath, 1st Flr
  • Number of Family Rooms: 3
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Wood
  • Out Buildings: Stge Shd, Horse Setup
  • Roof: Comp

Garage/Parking

  • Carport Size: 0
  • Garage Parking: Attached, RV Parking, Shop Area, Off St Prkg, Oversized
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Basebd, Hotwtr, Wall A/C
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Mead
  • Elementary School: Prairie View
  • Middle School: Highland
  • High School: Mead

Lot Info

  • Acres Mol: 2.41
  • Estimated Lot Sq Ft: 104980
  • Loc Dir E W: W
  • Loc Numberblk E W: 24
  • Loc Numberblks N S: 95
  • Lot Information: Level, Fenced, Horses Allowed
  • Lot View: Territorial
  • Parcel Number: 26242.9151
  • Site Improvements: Septic Sys, Pub Wtr

Tax Info

  • Taxes: 3280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 17, 2021
Sold by
Polley David E and Estate Of Harvey L Polley
Bought by
Grosser Dustin A and Grosser Natalie M
Seller's Agent
Erik Dordal
Windermere City Group
Buyer's Agent
Andy Kerr
Kestell Company
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$621,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,080
Avg. Annual Appreciation
5.74%
Original Mortgage
$475,000
Outstanding Balance
$434,423
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$191,018

Purchase Details

Closed on
Aug 22, 2007
Sold by
Bledsoe Patrice J and Bledsoe James L
Bought by
Polley Harvey L and Polley Corinne W

Purchase Details

Closed on
Feb 9, 1998
Sold by
Bledsoe James L and Bledsoe Patrice J
Bought by
Weber Dorothea C
Source: Public Records

Range of Values:

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Average Value
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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
Grosser Dustin A $500,000 Ticor Title
Polley Harvey L -- Transnation Title Ins Co
Weber Dorothea C -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grosser Dustin A $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $500,000 0.0% $130 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $499,999 -9.1% $130 / Sq Ft
06/15/2021 06/15/21 For Sale $550,000 -- $143 / 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 $7,007 $599,150 $199,350 $399,800
2024 $7,007 $684,760 $180,660 $504,100
2023 $4,986 $600,360 $142,560 $457,800
2022 $4,930 $535,140 $123,740 $411,400
2021 $3,280 $281,320 $96,920 $184,400
2020 $3,250 $265,720 $96,920 $168,800
2019 $3,000 $247,920 $96,920 $151,000
2018 $3,090 $217,780 $61,180 $156,600
2017 $2,806 $198,280 $61,180 $137,100
2016 $2,863 $196,880 $63,180 $133,700
2015 $2,745 $192,980 $63,180 $129,800
2014 -- $185,480 $63,180 $122,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202117198

Spokane Association of REALTORS®

APN: 26242.9151