NOT LISTED FOR SALE

Estimated Value: $304,000 - $315,669

2 Beds
2 Baths
1,913 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $265,000 $139 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,861/month

13 Days on Market

Highlights

  • Back to Public Ground
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Traditional Architecture
  • Formal Dining Room
  • Dual Closets

About This Home

As of April 2021

Great opportunity in the Spokane Valley with this classic 1.5 story home! Charming box beam ceilings in the formal dining, laminate wood flooring, vinyl windows, and main floor laundry. Large main floor bedroom with double closets, and slider out to small deck. Kitchen has new countertops, tile backsplash, freshly painted cabinets, plus a convenient pantry. All kitchen appliances stay plus a spare beverage fridge and the washer/dryer. Bathroom has been nicely updated with a beautiful vanity and countertop along with paint and a fashionable mirror. Upstairs features large closets for extra storage, a half bath, good sized bedroom along with a smaller non-conforming bedroom great for an office or art studio. There is room in the basement for potentially more finished space (lower head room) or use it for more storage. New roof in 2019 and hot water heater new in 2018. There is a one car attached garage, fenced backyard, black berry and raspberry bushes, plus it is located right next to Parkwater Park!

Last Agent to Sell the Property

Graham Dunham

Prestige One Properties License #23017471 Listed on: 03/09/2021

Last Buyer's Agent

Bryan Laurie

Professional Realty Services License #129567

Professional Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1930

Lot Details

  • 7,500 Sq Ft Lot
  • Back to Public Ground
  • Back Yard Fenced
  • Level Lot
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Asbestos Siding

Interior Spaces

  • 1,913 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Free-Standing Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 35114.1522

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,968

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1930
  • Lvt Date: 03/09/2021
  • Common Interest Community: No
  • Geo Address Line: 5418 E Commerce Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/9/2021 4:04:41 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2019

Interior Features

  • Total Approx Sq Ft: 1913
  • Price Per Sq Ft: 138.53
  • Number of Stories: 2
  • Bathrooms: 2
  • Bedrooms: 2
  • Estimated First Floor Sq Ft: 1163
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Second Floor Estimated Sq Ft: 350
  • Second Floor Bedrooms: 1
  • Second Floor Bathrooms: 0.5
  • Basement: Partial
  • Estimated Basement Sq Ft: 400
  • Basement: Yes
  • Special Features: Mn Flr Util, Wood Flr, Vinyl Wn Fr
  • Design: Traditional
  • Dining Room: Formal
  • Family/Recreation Room: 1st Flr
  • Features: Breakers
  • Kitchen Appliances: Fr Stnd Rng, Refrig, Pantry, Washer, Dryer
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Asbestos
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Off St Prkg
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air

Condo/Co-op/Association

  • Amenities: Deck

Lot Info

  • Acres Mol: 0.17
  • Estimated Lot Sq Ft: 7500
  • Loc Dir E W: e
  • Loc Numberblk E W: 54
  • Loc Numberblks N S: 20
  • Estimated Lot Dimension Depth: 100
  • Estimated Lot Dimension Front: 75
  • Lot Information: Fncd Bk Yd, Treed, Level, Border Public Land
  • Parcel Number: 35114.1522
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 1967.62
  • Assessor Parcel Number: 35114.1522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2025
Sold by
Lanning Michael
Bought by
Tracy Patrick and Tracy Pamela
Current Estimated Value
$308,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Outstanding Balance
$301,217
Interest Rate
6.76%
Mortgage Type
VA
Estimated Equity
$7,700

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 20, 2021
Sold by
Werle William D and Werle Darlene K
Bought by
Lanning Michael
Seller's Agent
Graham Dunham
Prestige One Properties
Buyer's Agent
Bryan Laurie
Professional Realty Services
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$251,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Lamb Bryan and Lamb Lindsey R
Bought by
Werle William D and Werle Darlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,068
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2005
Sold by
Mason Horace H
Bought by
Lamb Bryan and Lamb Lindsey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 1, 2002
Sold by
Gladhart Kirk E
Bought by
Mason Horace H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
7.18%

Purchase Details

Closed on
Mar 25, 2002
Sold by
Va
Bought by
Gladhart Kirk E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
7.18%

Purchase Details

Closed on
Jun 19, 2001
Sold by
Montoya Cesar P
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Jun 15, 2001
Sold by
Homeside Lending Inc
Bought by
Va

Purchase Details

Closed on
Aug 14, 1997
Sold by
Barringer Vickie M
Bought by
Montoya Cesar P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,138
Interest Rate
7.34%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Tracy Patrick $302,000 None Listed On Document
Lanning Michael $265,000 First American Title Ins Co
Werle William D $125,000 Stewart Title Of Spokane
Lamb Bryan $105,000 First American Title Ins
Mason Horace H $76,000 First American Title Ins
Gladhart Kirk E -- First American Title Ins
Homeside Lending Inc $55,082 Spokane County Title Co
Va -- Spokane County Title Co
Montoya Cesar P $72,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracy Patrick $302,000
Previous Owner Lanning Michael $251,750
Previous Owner Werle William D $123,068
Previous Owner Lamb Bryan $21,000
Previous Owner Mason Horace H $60,800
Previous Owner Gladhart Kirk E $47,700
Previous Owner Montoya Cesar P $75,138
Closed Mason Horace H $15,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $265,000 +6.0% $139 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $250,000 0.0% $131 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $250,000 -- $131 / 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 $2,910 $319,500 $60,000 $259,500
2024 $2,910 $302,900 $60,000 $242,900
2023 $2,679 $292,900 $50,000 $242,900
2022 $1,982 $283,500 $50,000 $233,500
2021 $1,968 $163,480 $41,880 $121,600
2020 $2,085 $154,050 $31,250 $122,800
2019 $1,788 $145,450 $31,250 $114,200
2018 $2,042 $137,350 $31,250 $106,100
2017 $1,581 $107,550 $18,750 $88,800
2016 $1,567 $104,550 $18,750 $85,800
2015 $1,546 $100,350 $18,750 $81,600
2014 -- $97,250 $18,750 $78,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202112304

Spokane Association of REALTORS®

APN: 35114.1522