2 months on rocket

547 E Fairview Ave, Spokane, WA, 99223

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
2,520 SqFt
$268/SqFt
Multi

Location

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547 E Fairview Ave, Spokane$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport, Off Site
Year Built1958
HeatingElectric, Forced Air, Baseboard
CoolingWall Unit(s)
MLS #202424577
Lot Size0.12 Acres
StatusActive

About 547 E Fairview Ave

• 6 - 1 Bed/1 Bath Units • Stabilized & Fully Rented • Rental Income of $5,155/Month • Carports & Off Street Parking • Updates to Units & Exterior • Located Close to Schools & Parks

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 2
  • Living Area: 2,520 SqFt

Listing Office:

  • Office Name: LT Real Estate
  • Office Phone: (509) 481-0373
  • Listing Agent: Ryan Towner

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Off Site

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Baseboard
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $268/SqFt

Tax Information:

  • Annual Amount: $4,565
  • 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

$399.9K

Med. Price/SqFt

$205

Avg. Days On Market

32

# of Sold Homes

234

547 E Fairview Ave vs Spokane

73 DAYS ON ROCKET

+41 Days

$675,000

+$275K More

$268/SqFt

+$62 More

KEY TAKEAWAY

This property is $275K more than the Median Sold Price and $62/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: #202424577

Listing Office:

  • Office Name: LT Real Estate
  • Office Phone: (509) 481-0373
  • Listing Agent: Ryan Towner

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: 12/31/2024, 1:11:02 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

Sep 20, 2019Home Sold
$397,000
Mar 15, 2007Home Sold
$205,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,565$384,100
2020$4,129$334,700
2018$2,468$191,300
2017$2,662$187,870

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-2261379
3
/10

  • Longfellow Elementary School

  • 800 E Providence Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-2261380
1
/10

  • Logan Elementary School

  • 1001 E Montgomery Ave

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-2261381
4
/10

  • Garfield Elementary School

  • 222 W Knox Ave

  • 0.82 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,826. Typical income of Spokane, WA residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Washington›Spokane County›Spokane›99223›547 E Fairview Ave

This home is located at 547 E Fairview Ave in Spokane, WA and zip code 99223 in the Logan neighborhood. This 2,520 square foot home, which was built in 1958, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $675,000.

In November 2024 more than 51 listings in Spokane, WA were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 112 were sold below. The inventory of homes for sale in Spokane, WA between October 2024 and November 2024 decreased by 4.7%. Listings spent 32 days on the market in November 2024, and had a median list price of $399,990 during the same period.

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

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