504 1st St Wallace, ID 83873
Estimated payment $6,879/month
Total Views
2,445
6
Beds
4
Baths
5,058
Sq Ft
$231
Price per Sq Ft
Highlights
- RV or Boat Parking
- Deck
- Corner Lot
- River View
- Wood Flooring
- Lawn
About This Home
Fully Restored Historic Mansion with year-round natural creek featuring over 5,000 sqft of finished living space with high ceilings including 6 bedrooms, 4 bathrooms, a large office with original floor-to-ceiling leaded glass bookcases, a professional gourmet chef's kitchen, expansive formal dining room, stained glass, walk-in pantry/coffee or breakfast area, second-story sunroom with additional sunny private sleeping quarters, opulent and luxurious master bath suite featuring imported Italian tile and marble, billiards/game room with bar, hidden small room behind secret bookcase, expansive garages/workspace and more. Extensive porches and elevated outdoor living space for entertaining or dining al fresco while enjoying the sounds of the stream running the length of the property. Secondary living quarters with separate outside entrance for mother-in-law, AirBnB, college student or other incoming producing use. Several large storage rooms, paved off-street parking, and two-car attached garage. Located in Wallace, Idaho with festivals nearly every weekend and nestled between two ski resorts, Look Out Pass and Silver Mountain. This home truly is a dream and in arguably one the most charming small towns in America.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,846
Year Built
- Built in 1920 | Remodeled in 2024
Lot Details
- 3,920 Sq Ft Lot
- Open Space
- Property is Fully Fenced
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
- Lawn
Property Views
- River
- Mountain
- Territorial
- Neighborhood
Home Design
- Brick Exterior Construction
- Concrete Foundation
- Frame Construction
- Concrete Roof
- Wood Siding
Interior Spaces
- 5,058 Sq Ft Home
- Multi-Level Property
- Fireplace
- Finished Basement
- Walk-Out Basement
Kitchen
- Walk-In Pantry
- Gas Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Electric Dryer
- Washer
Parking
- Attached Garage
- RV or Boat Parking
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Rain Gutters
- Porch
Additional Homes
- 750 SF Accessory Dwelling Unit
- ADU built in 2024
- ADU includes 1 Bedroom and 1 Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Furnace
- Gas Available
- Electric Water Heater
- High Speed Internet
- Satellite Dish
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number B0300004001A
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $4,846 | $698,652 | $69,855 | $628,797 |
| 2023 | $4,846 | $718,971 | $69,855 | $649,116 |
| 2022 | $5,241 | $526,301 | $26,296 | $500,005 |
| 2021 | $5,053 | $384,285 | $22,115 | $362,170 |
| 2020 | $4,248 | $304,286 | $20,476 | $283,810 |
| 2019 | $3,532 | $313,416 | $17,076 | $296,340 |
| 2018 | $2,397 | $225,228 | $15,524 | $209,704 |
| 2017 | $2,282 | $205,252 | $15,524 | $189,728 |
| 2016 | $2,074 | $180,054 | $15,524 | $164,530 |
| 2015 | -- | $46,734 | $15,524 | $31,210 |
| 2014 | $2,102 | $141,943 | $15,523 | $126,420 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $1,170,000 | -10.0% | $231 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $1,300,000 | +213.3% | $257 / Sq Ft |
| 07/20/2021 07/20/21 | Sold | -- | -- | -- |
| 05/15/2021 05/15/21 | Pending | -- | -- | -- |
| 05/15/2021 05/15/21 | For Sale | $415,000 | -- | $82 / Sq Ft |
Source: Coeur d'Alene Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Ttl Co Kello |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $220,000 | New Conventional | |
| Closed | $180,000 | Credit Line Revolving | |
| Open | $352,000 | New Conventional |
Source: Public Records
Similar Home in Wallace, ID
Source: Coeur d'Alene Multiple Listing Service
MLS Number: 25-7237
APN: B0300004001A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes