2 months on rocket

2225 S Inland Empire Way, Spokane, WA, 99224

$1,825,000

Home List Price

$10,000*

Closing Credit

2 Baths
5,956 SqFt
$306/SqFt
House

Location

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2225 S Inland Empire Way, Spokane$1,825,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingSee Remarks
Year Built1918
HeatingOther
CoolingOther
BasementYes
ViewTerritorial
MLS #202421581
Lot Size1.00 Acres
StatusActive

About 2225 S Inland Empire Way

Introducing the iconic Lowell School. This building zoned multi uses, including retail, residential & commercial. Check with city planning and verify all the allowed uses. Building is roughed in & ready for your business ideas. Don't miss your chance to be part of this extraordinary chapter in Spokane's story. Step inside, you'll discover a treasure trove of original details that speak to the schoolhouse's rich history. From the elegant arched multi-paned interior vestibule windows to the built-in storage cupboards, every corner exudes craftsmanship & character. Thick plaster walls adorned w/rounded molded-plaster corners & beveled molded-plaster window sills further enhance the building's unique charm. Improvements are newer roof, all plumbing roughed in, electrical, dry sprinkler system, and much more. For those seeking a truly special opportunity to make their mark on Spokane's landscape, this property beckons w/ endless possibilities. Ask for List of updates that are available.

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher
  • Year Built: 1918
  • Stories: 1
  • Living Area: 5,956 SqFt

Listing Office:

  • Office Name: Windermere Manito, LLC
  • Office Phone: (509) 747-1051
  • Listing Agent: Marcy Mongan

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Patio

Parking Information:

  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot: Views, Fencing, Level, Oversized Lot
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,825,000
  • Price Per SqFt: $306/SqFt

Tax Information:

  • Annual Amount: $12
  • Tax Year: 2021
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Housing Market Comparison

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

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Spokane, WA

City

Med. Sold Price

$398.6K

Med. Price/SqFt

$205

Avg. Days On Market

26

# of Sold Homes

287

2225 S Inland Empire Way vs Spokane

72 DAYS ON ROCKET

+46 Days

$1,825,000

+$1.4M More

$306/SqFt

+$101 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $101/SqFt more than other homes in Spokane, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202421581

Listing Office:

  • Office Name: Windermere Manito, LLC
  • Office Phone: (509) 747-1051
  • Listing Agent: Marcy Mongan

IDX Listings courtesy of Spokane Association of REALTORS® MLS 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.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 2:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 05, 2006Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12$249,720
2020$11$172,620
2018$6$165,420
2017$7$165,620

History based on county public records data.

Payment Calculator

$9,176

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,538

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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-1010434
9
/10

  • Wilson Elementary School

  • 911 W 25th Ave

  • 0.69 miles

  • Public District Grades PK-6

school-card-donut-1010435
6
/10

  • Roosevelt Elementary School

  • 333 W 14th Ave

  • 1.23 miles

  • Public District Grades PK-6

school-card-donut-1010436
8
/10

  • Jefferson Elementary School

  • 123 East 37th Ave

  • 1.50 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,583. Residents of Spokane, WA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2225 S Inland Empire Way

What is the listing price of this property?

The listing price of 2225 S Inland Empire Way property is $1,825,000.

What type of property is this?

The property 2225 S Inland Empire Way is a house located in Spokane, Washington, 99224.

Is this property for sale now?

Active Listing: 2225 S Inland Empire Way 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 $12 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 5, 2006 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2225 S Inland Empire Way has 2 bathrooms..

What is the square footage of this property?

The property 2225 S Inland Empire Way is 5,956 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2225 S Inland Empire Way is 1918.

Rocket Homes›Washington›Spokane County›Spokane›99224›2225 S Inland Empire Way

This home is located at 2225 S Inland Empire Way in Spokane, WA and zip code 99224 in the Wentelgrant Acre neighborhood. This 5,956 square foot home, which was built in 1918, sits on a 1.00 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $1,825,000.

In September 2024, from all listings sold in Spokane, WA there were more than 77 sold above asking price, over 114 sold below and more than 93 were sold right at the asked price. In September 2024 in Spokane, WA there were 7.9% more homes for sale than in August 2024. While the average time on the market in September 2024 was 26 days, the median list price was $398,622.

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

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