$339,000
SOLD MAR 26, 2025
2 Beds
1 Bath
1,560 Sq Ft
6,133 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

3 Days on Market

Highlights

  • Property is near public transit
  • Solid Surface Countertops
  • Fenced Yard
  • Workshop
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of March 2025

Possibilities Await at 501 E Elm St! This is your chance to own a versatile 2 bed 1 bath house & 20x46 shop in a prime, convenient location— Imagine the flexibility: live in the house and run your business from the shop, or turn the home into an Airbnb while you work just steps away—the potential is real! The home itself has had all the big-ticket items taken care of, including updated electrical, plumbing, roof, kitchen, and furnace. The basement is a clean slate, ready for you to add value and build equity. You'll also love the fully fenced front yard, perfect for privacy and security. Some Fresh paint, New low maintenance landscaping, Sprinkler system, and ALL appliances stay. The shop is fully equipped, featuring a heated office and Bathroom as well as loft space—ideal for extra storage or an after-hours retreat or a hobbyist dream shop! Don’t wait—your home and business space is waiting for you! Become your own boss at 501 E Elm St.

Last Agent to Sell the Property

Luke Mischke

Coldwell Banker Tomlinson License #138180 Listed on: 03/14/2025

Last Buyer's Agent

Li Ciavola

eXp Realty 4 Degrees License #131674

eXp Realty 4 Degrees

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 1943

Lot Details

  • 6,133 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Parking

  • 4 Car Detached Garage
  • Workshop in Garage

Home Design

  • Bungalow
  • Cedar

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Schools

  • Highland Middle School
  • Mead High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • High Speed Internet

Additional Features

  • Separate Outdoor Workshop
  • Property is near public transit

Community Details

  • No Home Owners Association
  • North Y Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36173.0529

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,523

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1943
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Fencing, Fenced Yard, Sprinkler - Automatic, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Co List Office Phone: +1 (509) 467-7400
  • MLS Status: Sold
  • Subdivision Name: North Y
  • Architectural Style: Bungalow
  • New Construction: No
  • Reso Structure Type: One Story
  • Master Plan Zoning: Res
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished, Laundry, Workshop
  • Appliances: Free-Standing Range, Microwave, Washer, Dryer, Hrd Surface Counters
  • Basement YN: Yes
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Cedar
  • Other Structures: Workshop

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached, Workshop in Garage, Oversized

Utilities

  • Cooling: Central Air
  • Heating: Gas Hot Air Furnace, Forced Air

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Evergreen
  • High School: Mead
  • Middle Or Junior School: Highland

Lot Info

  • Parcel Number: 36173.0529
  • Lot Size Sq Ft: 6133
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2017
Sold by
Jordan Douglas R and Jordan Judith L
Bought by
Lyman Jared W
Current Estimated Value
$341,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$79,733
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$261,509

Purchase Details

Listed on
Oct 18, 2013
Closed on
Jun 24, 2014
Sold by
Harding Laurence A and Harding Robbie A
Bought by
Jordan Douglas R and Jordan Judith L
Seller's Agent
Tom Crowley
Crowley Realty
Buyer's Agent
Doug Jordan
Windermere North
List Price
$129,900
Sold Price
$99,107
Premium/Discount to List
-$30,793
-23.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$74,330
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Harding Laurence A and Harding Robbie A
Bought by
Harding Laurence A and Harding Robbie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2000
Sold by
Stauffacher James D and Stauffacher Yota S
Bought by
Biondi Robbie A and Harding Laurence A

Purchase Details

Closed on
Jul 18, 1995
Sold by
Olvaney Thomas P and Olvaney Teresa L
Bought by
Stauffacher James D and Kluver Yota S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,855
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $120,000 Spokane County Title Company
Warranty Deed $99,107 First American Title Ins Co
Interfamily Deed Transfer -- Inland Professional Title Ll
Warranty Deed -- Spokane County Title Co
Warranty Deed $64,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Previous Owner $74,330 New Conventional
Previous Owner $105,200 New Conventional
Previous Owner $63,855 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2025 03/26/25 Sold $339,000 0.0% $217 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $339,000 +242.1% $217 / Sq Ft
06/27/2014 06/27/14 Sold $99,107 -23.7% $138 / Sq Ft View Prior Sale
06/27/2014 06/27/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $129,900 -- $180 / 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 $2,513 $296,900 $75,000 $221,900
2024 $2,513 $243,400 $70,000 $173,400
2023 $2,069 $237,200 $60,000 $177,200
2022 $2,001 $220,600 $55,000 $165,600
2021 $1,768 $151,300 $45,000 $106,300
2020 $1,654 $134,700 $45,000 $89,700
2019 $1,441 $118,600 $35,000 $83,600
2018 $1,644 $115,700 $32,500 $83,200
2017 $1,540 $108,800 $32,500 $76,300
2016 $1,591 $109,400 $32,500 $76,900
2015 $1,558 $109,600 $32,500 $77,100
2014 -- $99,400 $32,500 $66,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202513220

Spokane Association of REALTORS®

APN: 36173.0529