Rare .58-acre corner lot in Spokane Valley's desirable Ponderosa neighborhood! This updated 5-bedroom, 3-bath home offers 2,792 sq ft with two separate living areas, a gas fireplace, a wood-burning fireplace and plenty of space to gather. Comfortable, Gas fired Hot Water Radiant heat system*Recent improvements include new flooring and two brand-new mini splits (AC & Heat) in the main-floor bedrooms for added year-round comfort. The renovated kitchen features solid surface countertops, stainless steel appliances and opens to the dining area with access to the covered patio. The fully fenced backyard provides plenty of room for outdoor gatherings, recreation and gardening. Additional highlights include main-floor utilities, freshly painted garage floors, an oversized 2-car garage and RV parking. Located in the Central Valley School District, serving Ponderosa Elementary, Horizon Middle School and University High School.
Active
Price cut: $20K (8/24)
$515,000
4105 S Schafer Rd, Spokane Valley, WA 99206
5beds
3baths
2,792sqft
Single Family Residence
Built in 1965
0.59 Acres Lot
$511,200 Zestimate®
$184/sqft
$-- HOA
What's special
Gas fireplaceWood-burning fireplaceRv parkingRenovated kitchenMain-floor utilitiesFreshly painted garage floorsFully fenced backyard
- 59 days
- 678
- 50
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kylie Richard Main:509-217-3000,
Keller Williams Spokane - Main,
Bill Richard 509-701-4400,
Keller Williams Spokane - Main
Source: SMLS as distributed by MLS GRID,MLS#: 202621435
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Basement
- Level: Basement
First floor
- Level: First
- Area: 1442 Square Feet
Other
- Level: Second
Heating
- Natural Gas, Hot Water, See Remarks, Ductless
Cooling
- Other
Appliances
- Included: Water Softener, Range, Indoor Grill, Dishwasher, Refrigerator, Washer, Dryer
Features
- Hard Surface Counters
- Windows: Wood Frames
- Basement: Full,Daylight,Rec/Family Area
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 2,792
- Total interior livable area: 2,792 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, RV Access/Parking, Off Site
- Garage spaces: 2
Features
- Stories: 1
- Fencing: Fenced Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.59 Acres
- Features: Corner Lot, Oversized Lot
Details
- Parcel number: 45324.0114
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stone Veneer, Cedar
- Roof: Tile
Condition
- New construction: No
- Year built: 1965
Community & HOA
HOA
- Has HOA: No
Location
- Region: Spokane Valley
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $430,400
- Annual tax amount: $4,611
- Date on market: 7/23/2026
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$511,200
$486,000 - $537,000
$3,026/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $515,000-3.7%$184/sqft |
Source:  SMLS as distributed by MLS GRID #202621435 Report a problem | ||
| 7/23/2026 | Listed for sale | $535,000+1.9%$192/sqft |
Source: SMLS as distributed by MLS GRID #202621435 Report a problem | ||
| 5/30/2025 | Sold | $525,000$188/sqft |
Source: SMLS as distributed by MLS GRID #202515222 Report a problem | ||
| 5/2/2025 | Pending sale | $525,000$188/sqft |
Source: SMLS as distributed by MLS GRID #202515222 Report a problem | ||
| 4/17/2025 | Listed for sale | $525,000+90.9%$188/sqft |
Source: SMLS as distributed by MLS GRID #202515222 Report a problem | ||
| 1/24/2025 | Sold | $275,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,612 -1.7% | $430,400 -1.9% |
| 2024 | $4,691 +486.9% | $438,850 +0% |
| 2023 | $799 -30.9% | $438,750 +0.6% |
| 2022 | $1,157 -9.6% | $436,150 +25.2% |
| 2021 | $1,281 -5.6% | $348,450 +15.3% |
| 2020 | $1,358 +0.4% | $302,100 +6% |
| 2019 | $1,352 | $284,900 +20.7% |
| 2018 | $1,352 -59.7% | $236,000 +9.4% |
| 2017 | $3,353 +11.2% | $215,700 +3.9% |
| 2016 | $3,014 +6.4% | $207,700 +7.6% |
| 2015 | $2,834 | $193,000 +5.2% |
| 2014 | $2,834 | $183,500 |
| 2013 | $2,834 +4.9% | -- |
| 2011 | $2,703 +4.5% | -- |
| 2010 | $2,587 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 99206
Nearby schools
Schools provided by the listing agent
- Elementary: Ponderosa
- Middle: Horizon
- 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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