431 E 16th Ave Spokane, WA 99203
Rockwood NeighborhoodEstimated Value: $841,000 - $1,682,464
3
Beds
3
Baths
3,913
Sq Ft
$326/Sq Ft
Est. Value
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 2015The 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
John L Scott, Inc. License #110454 Listed on: 02/17/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,259
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
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%
Total Days on Market
196
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,821
Avg. Annual Appreciation
4.85%
Original Mortgage
$600,000
Outstanding Balance
$479,855
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$947,678
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
Similar Homes in Spokane, WA
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Ferris Mary Jean | $62,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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 |
|---|---|---|---|---|
| 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
76 Total Sales
-
Don Hay
Buyer's Agent in 2015
Don Hay
Windermere City Group
(509) 624-3644
2 in this area
82 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 201512244
APN: 35292.0122
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