NOT LISTED FOR SALE

5503 N Elgin St Spokane, WA 99205

Northwest Spokane Neighborhood

Estimated Value: $298,000 - $362,000

4 Beds
2 Baths
2,136 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $255,000 $119 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,969/month

3 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Dining Room
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2022

This 4 bedroom 1.5 bath home located in the Shadle Park area has tremendous potential! Original hardwood floors stretch throughout this spacious 2100-square-foot home. The lower level has been partially finished, with plenty of room to grow and lots of storage. Conveniently located a few blocks from the Shadle Park Shopping Center, restaurants, and bus routes. Great investment opportunity, or for an eager buyer to put some TLC into this home and make it your own!

Last Agent to Sell the Property

Todd Jolly

Amplify Real Estate Services License #20114207 Listed on: 10/14/2022

Amplify Real Estate Services

Last Buyer's Agent

Todd Jolly

Amplify Real Estate Services License #20114207 Listed on: 10/14/2022

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,485

Year Built

  • Built in 1954

Lot Details

  • 9,147 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Schools

  • Ridgeview Elementary School
  • Salk Middle School
  • Shadle Park High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26361.3104

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,485

Year Built

Built in 1954

Lot Details

0

Listing Details

  • HOA YN: No
  • Sub Type: Res/Site Blt
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1954
  • Lvt Date: 10/14/2022
  • Common Interest Community: No
  • Geo Address Line: 5503 N Elgin St
  • Geo Primary City: Spokane
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/14/2022 10:27:55 PM
  • Geo Zoom Level: 17
  • Sr High: Shadle Park
  • Jr High: Salk
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 4
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 1
  • Basement: Full, Part Fin
  • Basement Percent: 80
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Bathrooms: 0.5
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C

Schools

  • School District: Spokane Dist 81
  • Elementary School: Ridgeview
  • Middle School: Salk
  • High School: Shadle Park
  • School District: Spokane Dist 81
  • Elementary School: Ridgeview

Lot Info

  • Acres Mol: 0.21
  • Estimated Lot Sq Ft: 9147
  • Lot Information: Fncd Bk Yd, Corner
  • Parcel Number: 26361.3104
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 3, 2022
Sold by
Proctor Letty R
Bought by
Bradshaw Matthew L
Seller's Agent
Todd Jolly
Amplify Real Estate Services
Buyer's Agent
Todd Jolly
Amplify Real Estate Services
List Price
$240,000
Sold Price
$255,000
Premium/Discount to List
$15,000
6.25%
Views
15
Current Estimated Value
$333,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,681
Avg. Annual Appreciation
9.86%
Original Mortgage
$242,250
Outstanding Balance
$235,222
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$98,459

Purchase Details

Closed on
Apr 28, 2010
Sold by
Faulkner Helen F
Bought by
Proctor Letty R and Buchmann David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
5.5%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Bradshaw Matthew L -- Ticor Title
Proctor Letty R $140,280 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradshaw Matthew L $242,250
Previous Owner Proctor Letty R $137,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $255,000 0.0% $119 / Sq Ft
10/18/2022 10/18/22 Price Changed $255,000 +6.3% $119 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $240,000 -- $112 / 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 $2,485 $265,000 $70,000 $195,000
2024 $2,485 $250,000 $60,000 $190,000
2023 $2,707 $243,900 $60,000 $183,900
2022 $2,803 $276,400 $60,000 $216,400
2021 $2,328 $195,400 $40,000 $155,400
2020 $2,208 $178,500 $27,500 $151,000
2019 $1,926 $160,940 $25,140 $135,800
2018 $1,999 $143,540 $25,140 $118,400
2017 $1,849 $135,140 $25,140 $110,000
2016 $1,751 $125,240 $25,140 $100,100
2015 $1,774 $124,140 $25,140 $99,000
2014 -- $119,740 $25,140 $94,600
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Jolly

    Seller's Agent in 2022

    Todd Jolly

    Amplify Real Estate Services

    (509) 216-9381

    3 in this area

    34 Total Sales

    Todd Jolly
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202224208

Spokane Association of REALTORS®

APN: 26361.3104

Washington Spokane County Spokane 99205 Northwest Spokane

5503 N Elgin St, Spokane, WA

This home is located at 5503 N Elgin St, Spokane, WA 99205 since 14 October 2022 and is currently estimated at $333,681, approximately $156 per square foot. This property was built in 1954. 5503 N Elgin St is a home located in Spokane County with nearby schools including Ridgeview Elementary School, Salk Middle School, and Shadle Park High School.

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.

Spokane Association of REALTORS® 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.
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