NOT LISTED FOR SALE

315 W Riverside Ave Unit 502 Spokane, WA 99201

City Center Spokane Neighborhood
2 Beds
-- Bath
1,400 Sq Ft
1,568 Sq Ft Lot

About This Home

Now available: a stylish, well-maintained loft in one of Downtown Spokane’s most desirable and secure buildings. This thoughtfully designed unit offers quiet comfort, upscale finishes, and unbeatable walkability — perfect for a tenant seeking long-term, low-maintenance living in the city center.

Enjoy an open-concept kitchen that flows seamlessly into the main living area, anchored by a striking dual-sided fireplace that adds warmth and charm to both the living room and private bedroom. Built-in cabinetry surrounds the fireplace, providing functional storage with refined style. In-unit washer and dryer included.

Highlights:

Designated underground garage parking spot included

Secure access building with elegant lobby and 2 high-speed elevators

Located in the heart of downtown – walk to dining, shopping, theaters, and more

Quiet, professionally managed building with long-term residents

Ideal for a tenant who values peace, privacy, and premium location

This unit is best suited for a quiet professional or someone looking to enjoy all the benefits of city living without sacrificing tranquility or convenience.

Serious inquiries only. References and background check required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2016
Sold by
Strand Devin J and Strand Christine L
Bought by
Overbay Shannon R and Overbay Darrell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Outstanding Balance
$113,925
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$678,577

Purchase Details

Closed on
Jul 17, 2006
Sold by
Morgan Building Llc
Bought by
Strand Devin J and Strand Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Overbay Shannon R $289,000 First American Title Ins Co
Strand Devin J $395,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overbay Shannon R $231,200
Previous Owner Strand Devin J $250,000
Previous Owner Morgan Building Llc $1,812,000
Previous Owner Morgan Development Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $2,100 0.0% $2 / Sq Ft
07/30/2025 07/30/25 For Rent $2,100 +5.0% --
12/31/2024 12/31/24 For Rent $2,000 -- --

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 $4,139 $413,580 $81,480 $332,100
2024 $4,139 $417,180 $81,480 $335,700
2023 $3,868 $434,580 $81,480 $353,100
2022 $4,080 $395,470 $78,570 $316,900
2021 $3,929 $330,480 $23,280 $307,200
2020 $3,309 $268,000 $16,000 $252,000
2019 $3,111 $260,250 $14,550 $245,700
2018 $3,501 $252,550 $14,550 $238,000
2017 $1,433 $234,950 $14,550 $220,400
2016 $1,427 $232,250 $14,550 $217,700
2015 $1,464 $232,650 $14,550 $218,100
2014 -- $223,050 $14,550 $208,500
2013 -- $0 $0 $0
Source: Public Records

Map

Washington Spokane County Spokane 99201 City Center Spokane

315 W Riverside Ave Unit 502, Spokane, WA

This home is located at 315 W Riverside Ave Unit 502, Spokane, WA 99201. 315 W Riverside Ave Unit 502 is a home located in Spokane County with nearby schools including Roosevelt Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

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