$815,000
SOLD OCT 16, 2013
3 Beds
3 Baths
2,842 Sq Ft
1 Acres

Recently Sold

$287 Per Sq Ft

18% Below List Price

107 Days on Market

Highlights

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

About This Home

As of September 2015

The Ferris House is one of the finest, most significant architectural designs constructed in Spokane, Mid-Century- Glenn Davis AIA. A modernist's dream come true in a park-like sanctuary. Visit www.spokanemidcentury.com for extensive details. Post and beam esthetic, stucco and brick. 3BR, 2-1/2 bath privacy, close to downtown.

Last Agent to Sell the Property

Joe Dinnison

John L Scott, Inc. License #110454 Listed on: 06/18/2013

John L Scott, Inc.

Last Buyer's Agent

Joe Dinnison

John L Scott, Inc. License #110454 Listed on: 06/18/2013

John L Scott, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1954

Lot Details

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

Parking

  • 2 Carport Spaces

Home Design

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

Interior Spaces

  • 2,842 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Partially Finished Basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Cleaner

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Building Patio

Listing and Financial Details

  • Assessor Parcel Number 35292.0122

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,718

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1954
  • 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: 10/17/2013 7:41:14 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Jr High: Sac
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2842
  • Price Per Sq Ft: 286.77
  • 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, Unfinished
  • Estimated Basement Sq Ft: 1071
  • Basement: Yes
  • Special Features: Skylight
  • Design: Contemp
  • Dining Room: Formal
  • Family/Recreation Room: 1st Flr, Off Kit, Formal LR
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Dbl Ovens, D/W, Refrig, Disposal, Washer, Dryer
  • Primary Bedroom: Dbl Clst, Full Bath, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Flat

Garage/Parking

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

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Air Cleaner
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Cable TV, Patio

Schools

  • School District: Spokane Dist 81
  • Elementary School: Roosevelt
  • Middle School: Sac
  • High School: Lewis & Clark
  • 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, Level, Secluded, Oversized, Irreg
  • Parcel Number: 35292.0122
  • Site Improvements: Pub Sewer, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 2718
  • 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
$1,491,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,907
Avg. Annual Appreciation
3.79%
Original Mortgage
$600,000
Outstanding Balance
$476,056
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$832,903

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:

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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 Type Sale Price Title Company
Warranty Deed $900,000 Inland Professional Title Ll
Administrators Deed $815,280 Stewart Title Of Spokane
Interfamily Deed Transfer -- Stewart Title Of Spokane
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $10,448 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $400,000 New Conventional
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

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

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201319392

Spokane Association of REALTORS®

APN: 35292.0122