Welcome to this cozy 2 bedroom cottage in Central Valley that perfectly blends modern updates with incredible future potential! Inside, you'll find a completely refreshed interior with brand new appliances. From the updated finishes to the thoughtful layout, every detail has been carefully improved to make this home truly move-in-ready! Even better, the home features a brand new roof, giving you peace of mind for years to come. But what truly sets this property apart is its land. Situated on a rare 1/3 acre lot zoned multifamily residential, this property offers a unique opportunity for both homeowners and investors alike. With the potential to subdivide and develop up to 7 units, the possibilities here are significant! Live in your home while planning your future build, add rental units for income, or explore the developmental potential this lot offers! Very convenient location next to schools, shopping centers, and easy commute! Opportunities like this don't come around often!
Closed
$299,000
617 S Farr Rd, Spokane, WA 99206
2beds
1baths
738sqft
Single Family Residence
Built in 1951
0.35 Acres Lot
$299,700 Zestimate®
$405/sqft
$1,379 Estimated rent
Home value
$299,700
$282,000 - $318,000
$1,379/mo
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Owner options
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$1,379/mo
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Rent Zestimate®
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$1,775/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: April 06, 2026 at 10:31am
Listed by:
Yelena Lepekhin Main:(509)863-1191,
CENTURY 21 Beutler & Associates
Source: SMLS as distributed by MLS GRID,MLS#: 202613195
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Basement
- Level: Basement
First floor
- Level: First
- Area: 738 Square Feet
Heating
- Electric, Heat Pump, Ductless
Appliances
- Included: Tankless Water Heater, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer
Features
- Basement: Slab,None
- Has fireplace: No
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Parking
- Parking features: RV Access/Parking, Workshop in Garage, Oversized
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Fenced Yard
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 0.35 Acres
- Features: Oversized Lot, Garden
Details
- Additional structures: Workshop
- Parcel number: 45202.1230
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1951
Community & neighborhood
Location
- Region: Spokane
Other
Other facts
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $299,000$405/sqft |
Source:  SMLS as distributed by MLS GRID #202613195 Report a problem | ||
| 3/13/2026 | Pending sale | $299,000$405/sqft |
Source: SMLS as distributed by MLS GRID #202613320 Report a problem | ||
| 3/9/2026 | Listed for sale | $299,000+137.3%$405/sqft |
Source: SMLS as distributed by MLS GRID #202613195 Report a problem | ||
| 1/16/2026 | Sold | $126,000-22.2%$171/sqft |
Source: Public Record Report a problem | ||
| 12/31/2025 | Pending sale | $162,000$220/sqft |
Source: SMLS as distributed by MLS GRID #202527590 Report a problem | ||
| 12/18/2025 | Price change | $162,000-5.3%$220/sqft |
Source: SMLS as distributed by MLS GRID #202527590 Report a problem | ||
| 12/11/2025 | Listed for sale | $171,000$232/sqft |
Source: SMLS as distributed by MLS GRID #202527590 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $199,300 +9.9% |
| 2023 | $166 -0.2% | $181,350 +2.7% |
| 2022 | $167 +16.9% | $176,600 +46.2% |
| 2021 | $142 -4% | $120,800 +25.8% |
| 2020 | $148 +2.5% | $96,000 +7% |
| 2019 | $145 | $89,700 +3% |
| 2018 | $145 -2.9% | $87,100 +7.7% |
| 2017 | $149 -4.6% | $80,900 +4.3% |
| 2016 | $156 -5.5% | $77,600 |
| 2015 | $165 | $77,600 -0.9% |
| 2014 | $165 | $78,300 |
| 2013 | $165 +0.7% | -- |
| 2011 | $164 +5.3% | -- |
| 2010 | $156 -84.6% | -- |
| 2009 | $1,012 +19% | -- |
| 2008 | $851 | -- |
| 2007 | $851 +9.9% | $66,800 |
| 2005 | $774 -0.1% | -- |
| 2004 | $775 +27.8% | -- |
| 2003 | $606 | -- |
| 2002 | $606 +3.3% | -- |
| 2001 | $587 -7.1% | $37,100 |
| 1999 | $632 | $37,100 |
Find assessor info on the county website
Neighborhood: 99206
Nearby schools
GreatSchools rating
- 4/10Opportunity Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10North Pines Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10University High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Opportunity
- Middle: North Pines
- High: University
- District: Central Valley
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$299,700
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+$5,994
With Zillow Showcase(estimated)
$305,694
- Washington
- Spokane County
- Spokane Valley
- 99206
- 617 S Farr Rd