2 months on rocket

1536 S Upper Terrace Rd, Spokane, WA, 99203

$2,500,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
3,684 SqFt
$679/SqFt
House

Location

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1536 S Upper Terrace Rd, Spokane$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingAttached Garage
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingRadiant
CoolingDuctless
BasementYes
FireplaceGas
ViewCity
MLS #2291488
Lot Size0.33 Acres
StatusActive

About 1536 S Upper Terrace Rd

Discover the epitome of luxury living in this stunning new contemporary home, perfectly positioned on a spacious lot in the historic Rockwood community introducing the Ledge At Upper Terrace. Designed by Form Architecture and Built by Parsons Construction, this 3,700 square-foot residence showcases exquisite custom finishes and is ready for your personal touch. The primary suite serves as a serene oasis, while the expansive outdoor living space provides an ideal spot to relax and unwind. Whether youre hosting guests or savoring a private retreat, this home offers unparalleled elegance and comfort. Just a 5-minute drive from downtown Spokane, it boasts a prime location with easy access to a wealth of amenities.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 3,684 SqFt

Listing Office:

  • Office Name: Coldwell Banker Tomlinson
  • Office Phone: (509) 921-7400
  • Listing Agent: Abbey Parsons

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Fireplace, Hardwood, SMART Wired, Walk-In Closet(s), Wet Bar, Wine Cellar
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Cement/Concrete

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Secluded
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Ductless

Other

Directions Information:

  • Directions: From Rockwood - South on Upper Terrace. Drive up shared driveway it is straight ahead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $679/SqFt

HOA Fees:

  • Amount: $1
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $996
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spokane, WA.

Med. Sold Price

$399.9K

Med. Price/SqFt

$204

Avg. Days On Market

31

# of Sold Homes

303

1536 S Upper Terrace Rd vs Spokane

67 DAYS ON ROCKET

+36 Days

$2,500,000

+$2.1M More

$679/SqFt

+$474 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $474/SqFt more than other homes in Spokane, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2291488

Listing Office:

  • Office Name: Coldwell Banker Tomlinson
  • Office Phone: (509) 921-7400
  • Listing Agent: Abbey Parsons

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:17:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$996$83,000

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-952697
2
/10
  • Grant Elementary School

  • 1300 E 9th Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-952698
5
/10
  • Roosevelt Elementary School

  • 333 W 14th Ave

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-952699
7
/10
  • Hutton Elementary School

  • 908 E 24th Ave

  • 0.64 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,615. Typical income of Spokane, WA residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1536 S Upper Terrace Rd

What is the listing price of this property?

The listing price of 1536 S Upper Terrace Rd property is $2,500,000.

What type of property is this?

The property 1536 S Upper Terrace Rd is a house located in Spokane, Washington, 99203.

Is this property for sale now?

Active Listing: 1536 S Upper Terrace Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $996 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1536 S Upper Terrace Rd has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1536 S Upper Terrace Rd is 3,684 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1536 S Upper Terrace Rd is 2024.

Rocket Homes›Washington›Spokane County›Spokane›99203›1536 S Upper Terrace Rd

This home is located at 1536 S Upper Terrace Rd in Spokane, WA and zip code 99203 in the Rockwood neighborhood. This 3,684 square foot home, which was built in 2024, sits on a 0.33 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $2,500,000.

In October 2024, from all listings sold in Spokane, WA there were more than 94 sold above asking price, over 118 sold below and more than 91 were sold right at the asked price. The inventory of homes for sale in Spokane, WA between September 2024 and October 2024 increased by 10.4%. While the average time on the market in October 2024 was 31 days, the median list price was $399,972.

From Rocket Homes Real Estate and based on county public records data.

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