$276,500
SOLD APR 10, 2025

2603 E Wellesley Ave Spokane, WA 99217

Hillyard Neighborhood
5 Beds
3 Baths
2,708 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

16% Above List Price

117 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2 Car Attached Garage
  • 2 Fireplaces
  • Solid Surface Countertops
  • Patio

About This Home

As of April 2025

Five bedroom (3 non-egress), two and 1/2 bath Rancher. Two large family rooms and attached two car garage w/openers. Newer cabinets and granite countertops in the kitchen. Cyclone fenced.

Last Agent to Sell the Property

Terry Lipe

Coldwell Banker Tomlinson License #3223 Listed on: 11/22/2024

Last Buyer's Agent

Valentina Thomson

Windermere Coeur d'Alene Realt License #92739

Windermere Coeur d'Alene Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1953

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Alley Access
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,708 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Utility Room

Kitchen

  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Rough-In Basement Bathroom
  • Rough in Bedroom

Schools

  • Shaw Middle School
  • Rogers High School

Utilities

  • Forced Air Heating System
  • Furnace

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 36334.3013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,544

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1953
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Level, Corner Lot, City Bus (w/in 6 blks), Fencing
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Patio
  • Co List Office Phone: +1 (509) 467-7400
  • MLS Status: Sold
  • Architectural Style: Rancher
  • Reso Fireplace Features: Masonry
  • Reso Interior Features: Utility Room
  • New Construction: No
  • Reso Structure Type: One Story
  • Master Plan Zoning: Res
  • SAR_NumberFireplaces: 1
  • SAR_NumberFireplaces: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, RI Bdrm, RI Bath, Rec/Family Area
  • Appliances: Microwave, Hrd Surface Counters
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Alley Access

Utilities

  • Heating: Gas Hot Air Furnace, Forced Air

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Regal
  • High School: Rogers
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 36334.3013
  • Lot Size Sq Ft: 6750

Tax Info

  • Tax Annual Amount: 3544
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Mar 26, 2025
Sold by
Finance Of America Reverse Llc
Bought by
Devsa Contracting Llc
Seller's Agent
Terry Lipe
Coldwell Banker Tomlinson
Buyer's Agent
Valentina Thomson
Windermere Coeur d'Alene Realt
List Price
$238,700
Sold Price
$276,500
Premium/Discount to List
$37,800
15.84%
Views
514
Current Estimated Value
$385,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,534
Avg. Annual Appreciation
213.24%
Original Mortgage
$315,000
Outstanding Balance
$314,183
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$70,851

Purchase Details

Closed on
Sep 16, 2024
Sold by
Clear Recon Corp
Bought by
Finance Of America Reverse Llc

Purchase Details

Closed on
May 2, 2018
Sold by
Ketchum Willie M
Bought by
Ketchum Willie M and Ketchum W J W J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 25, 2018
Sold by
Ketchum Willie M and Johnson Willie M
Bought by
Ketchum Willie M and Ketchum J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Listed on
Aug 21, 2014
Closed on
Dec 8, 2014
Sold by
Fannie Mae
Bought by
Johnson Willie M
Seller's Agent
Todd Sullivan
Keller Williams Spokane - Main
Buyer's Agent
Alex Ganea
Engel & Volkers Western Frontier
List Price
$98,500
Sold Price
$75,000
Premium/Discount to List
-$23,500
-23.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%

Purchase Details

Closed on
Jul 10, 2014
Sold by
Brown Beverly A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 19, 2003
Sold by
Hud
Bought by
Brown Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
May 19, 2003
Sold by
Campbell Shaun A and Mckinney Melissa A
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Jun 14, 1999
Sold by
Zachau Gerald W and Zachau Karen M
Bought by
Campbell Shaun A and Mckinney Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,649
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 1996
Sold by
Zachau Karen M
Bought by
Zachau Gerald W and Zachau Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,750
Interest Rate
7.8%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $276,500 Vantage Point Title
Trustee Deed $228,157 None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Fidelity National Title Grou
Special Warranty Deed -- None Available
Trustee Deed $74,532 Spokane County Title Co
Warranty Deed -- First American Title Ins
Warranty Deed -- First American Title Ins
Trustee Deed $85,553 First American Title Ins
Warranty Deed $75,400 Spokane County Title Co
Gift Deed -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $432,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $148,575 New Conventional
Previous Owner $141,432 FHA
Previous Owner $262,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $262,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $180,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $112,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $10,000 Unknown
Previous Owner $27,600 Fannie Mae Freddie Mac
Previous Owner $74,000 Purchase Money Mortgage
Previous Owner $74,649 FHA
Previous Owner $16,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $276,500 +15.8% $102 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $238,700 0.0% $88 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $238,700 -14.4% $88 / Sq Ft
01/17/2025 01/17/25 Price Changed $278,700 -6.3% $103 / Sq Ft
01/04/2025 01/04/25 Price Changed $297,500 -0.1% $110 / Sq Ft
12/17/2024 12/17/24 Price Changed $297,700 -2.4% $110 / Sq Ft
11/22/2024 11/22/24 For Sale $305,000 +306.7% $113 / Sq Ft
12/15/2014 12/15/14 Sold $75,000 -23.9% $28 / Sq Ft
11/28/2014 11/28/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $98,500 -- $36 / 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 $3,433 $271,800 $65,000 $206,800
2024 $3,433 $345,800 $50,000 $295,800
2023 $375 $349,900 $50,000 $299,900
2022 $448 $314,800 $50,000 $264,800
2021 $478 $202,400 $18,000 $184,400
2020 $509 $177,800 $18,000 $159,800
2019 $346 $157,400 $18,000 $139,400
2018 $361 $145,600 $14,000 $131,600
2017 $384 $130,200 $14,000 $116,200
2016 $395 $127,800 $14,000 $113,800
2015 $1,745 $122,100 $14,000 $108,100
2014 -- $122,100 $14,000 $108,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202425913

Spokane Association of REALTORS®

APN: 36334.3013