NOT LISTED FOR SALE

431 E 16th Ave Spokane, WA 99203

Rockwood Neighborhood

Estimated Value: $1,764,000 - $1,956,000

3 Beds
3 Baths
3,913 Sq Ft
$471/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $900,000 $230 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $11,067/month

196 Days on Market

Highlights

  • 1 Acre Lot
  • Contemporary Architecture
  • Territorial View
  • Sacajawea Middle School Rated A-
  • Secluded Lot
  • Separate Formal Living Room

About This Home

As of September 2015

The Ferris House is a pedigreed mid-century modernist dream come true located on a one acre park-like sanctuary. Original Bruce Walker design from 1955 w/ landscape design by the renowned Lawrence Halprin. The 1 level 3bedroom 2-1/2 bath home consists of a black post & beam system, white stucco & red brick. Truly one of the finest & most significant architectural designs constructed in Spokane. 2 blocks from Manito Park & a walkable distance to lower South Hill medical community. www.spokanemidcentury.com

Last Agent to Sell the Property

Joe Dinnison

John L Scott, Inc. License #110454 Listed on: 02/17/2015

John L Scott, Inc.

Last Buyer's Agent

Don Hay

Windermere City Group License #90669

Windermere City Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 1 Acre Lot
  • Secluded Lot
  • Oversized Lot
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Separate Formal Living Room
  • Formal Dining Room
  • Territorial Views
  • Partially Finished Basement
  • Recreation or Family Area in Basement

Kitchen

  • Double Oven
  • Built-In Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Parking

  • Detached Garage
  • 2 Carport Spaces

Eco-Friendly Details

  • Air Cleaner

Schools

  • Roosevelt Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Water Softener
  • Internet Available
  • Cable TV Available

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35292.0122

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1955
  • Geo Address Line: 431 E 16th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/2/2015 7:34:24 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sacajawea
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number of Stories: 1
  • Bathrooms: 3
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 2842
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2.5
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Partial
  • Estimated Basement Sq Ft: 1071
  • Basement: Yes
  • Special Features: Mn Flr Util, Nat Wdwrk, Skylight
  • Design: Contemp
  • Dining Room: Formal
  • Family/Recreation Room: Bsmt, Off Kit, Outside Ent, Wet Bar, Formal LR
  • Features: Sec Lights, Sec Alarm
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Blt in R/O, Dbl Ovens, Refrig, Disposal, Washer, Dryer
  • Primary Bedroom: Dbl Clst, Full Bath, 1st Flr, Garden Tub
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Flat

Garage/Parking

  • Carport Size: 2
  • Garage Parking: Detached, Carport
  • Garage Size: 0

Utilities

  • Heating/Cooling: Gas, Forced Air, Basebd, Cent A/C, Air Cleaner, Prog. Therm., Hi Eff Furn (>90%)
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Cable TV, Patio, Wtr Sftnr, Gas Hot Wtr, Cable Internet

Schools

  • School District: Spokane Dist 81
  • Elementary School: Roosevelt

Lot Info

  • Acres Mol: 1
  • Estimated Lot Sq Ft: 43453
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 6
  • Loc Numberblks N S: 16
  • Lot Information: Spr Sys, Treed, Secluded, Oversized, Irreg
  • Lot View: Territorial
  • Parcel Number: 35292.0122
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 35292.0122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Aug 26, 2015
Sold by
Schiffer Thomas A and Schiffer Leah Rene
Bought by
Kilos Onassis Trust and Kennedy Selena
Seller's Agent
Joe Dinnison
John L Scott, Inc.
Buyer's Agent
Don Hay
Windermere City Group
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
Current Estimated Value
$1,843,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,289
Avg. Annual Appreciation
7.17%
Original Mortgage
$600,000
Outstanding Balance
$473,501
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$1,369,788

Purchase Details

Listed on
Jun 18, 2013
Closed on
Oct 14, 2013
Sold by
Ferris Samuel R
Bought by
Schiffer Thomas A and Schiffer Leah Rene
Seller's Agent
Joe Dinnison
John L Scott, Inc.
Buyer's Agent
Joe Dinnison
John L Scott, Inc.
List Price
$997,000
Sold Price
$815,000
Premium/Discount to List
-$182,000
-18.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$400,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2003
Sold by
Ferris Mary Jean
Bought by
Ferris Mary Jean

Purchase Details

Closed on
Jun 13, 2002
Sold by
Ferris Joel E and Ferris Mary Jean
Bought by
Ferris Ii Joel E and Ferris Mary Jean

Purchase Details

Closed on
Oct 29, 1999
Sold by
Ferris Joel E and Ferris Mary Jean
Bought by
Coombs David K and Coombs Betsy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kilos Onassis Trust $900,000 Inland Professional Title Ll
Schiffer Thomas A $815,280 Stewart Title Of Spokane
Ferris Mary Jean -- Stewart Title Of Spokane
Ferris Mary Jean -- --
Ferris Ii Joel E -- --
Ferris Mary Jean -- --
Ferris Ii Joel E -- --
Coombs David K $10,448 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilos Onassis Trust $600,000
Previous Owner Schiffer Thomas A $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2015 09/01/15 Sold $900,000 -9.9% $230 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $999,000 +22.6% $255 / Sq Ft
10/16/2013 10/16/13 Sold $815,000 -18.3% $287 / Sq Ft View Prior Sale
10/03/2013 10/03/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $997,000 -- $351 / 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 $17,259 $1,790,000 $275,000 $1,515,000
2024 $17,259 $1,743,320 $260,720 $1,482,600
2023 $17,719 $1,823,520 $260,720 $1,562,800
2022 $14,662 $1,816,010 $293,310 $1,522,700
2021 $13,358 $1,125,900 $254,200 $871,700
2020 $13,007 $1,056,240 $244,640 $811,600
2019 $10,367 $868,640 $244,640 $624,000
2018 $11,607 $835,740 $195,540 $640,200
2017 $11,194 $820,840 $195,540 $625,300
2016 $10,636 $763,040 $195,540 $567,500
2015 $10,824 $759,810 $102,110 $657,700
2014 -- $382,610 $102,110 $280,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Dinnison

    Seller's Agent in 2015

    Joe Dinnison

    John L Scott, Inc.

    (509) 869-4509

    1 in this area

    61 Total Sales

    Joe Dinnison
    Section Image
  • Don Hay

    Buyer's Agent in 2015

    Don Hay

    Windermere City Group

    (509) 624-3644

    2 in this area

    78 Total Sales

    Don Hay
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201512244

Spokane Association of REALTORS®

APN: 35292.0122

Washington Spokane County Spokane 99203 Rockwood

431 E 16th Ave, Spokane, WA

Not Listed for Sale

Detached

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