Do not miss this opportunity! Huge . 77 acre subdividable lot with a beautiful 4 bedroom craftsman home. Move in and enjoy your spacious private lot or subdivide and build a duplex for massive investment opportunity. Desirable Valley location central to everything. Home features refinished original hardwood floors, updated kitchen and bath, natural light throughout, newer roof, updated plumbing & electrical, new water tank and more. There is even room to expand and create more equity in the basement. These ones don’t become available often so schedule your showing today!
Opportunity is Knocking with this 1921 Craftsman Home on . 77 Acres! Endless Possibilities from Full Remodel to Development. Plenty of Room for that Huge Shop, Garden or Both! Or Build Duplexes, Homes or a Mixture of Both. Basement Has Room for Additional Bedrooms, Bathrooms and Family Room. Spacious Main Floor Offers; Formal Dining Area, Fireplace, Hardwood Floors, 2 Bedrooms and a Large Bathroom. Attic Area Has Lots of Storage and 2 Additional Bedrooms. Gas Forced Air Heat, Gas Hot Water Heater. Close to Schools, Shopping, Freeway, Parks and the Hospital. Don't Miss this Opportunity!
Year
Property tax
Land + Additions
Assessment*
2025
$3,837 (+21.2%)
$85,000 + $243,600
$328,600
2024
$3,166 (+18.8%)
$85,000 + $243,600
$328,600
2023
$2,665 (+10.7%)
$70,000 + $206,100
$276,100
2022
$2,408 (+2.6%)
$48,000 + $156,900
$204,900
2021
$2,347 (+537.4%)
$48,000 + $139,000
$187,000
2020
$368 (+0.2%)
$48,000 + $120,000
$168,000
2019
$367 (−3.6%)
$38,000 + $113,900
$151,900
2018
$381 (−79.6%)
$35,000 + $98,700
$133,700
2017
$1,873 (+5.4%)
$35,000 + $98,700
$133,700
2016
$1,777 (−1.7%)
$35,000 + $87,800
$122,800
2015
$1,807
$35,000 + $87,800
$122,800
Tax history for 1503 N Felts Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,837 (+21.2%)
$85,000 + $243,600
$328,600
2024
$3,166 (+18.8%)
$85,000 + $243,600
$328,600
2023
$2,665 (+10.7%)
$70,000 + $206,100
$276,100
2022
$2,408 (+2.6%)
$48,000 + $156,900
$204,900
2021
$2,347 (+537.4%)
$48,000 + $139,000
$187,000
2020
$368 (+0.2%)
$48,000 + $120,000
$168,000
2019
$367 (−3.6%)
$38,000 + $113,900
$151,900
2018
$381 (−79.6%)
$35,000 + $98,700
$133,700
2017
$1,873 (+5.4%)
$35,000 + $98,700
$133,700
2016
$1,777 (−1.7%)
$35,000 + $87,800
$122,800
2015
$1,807
$35,000 + $87,800
$122,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
1
Stories
1.2
Lot width
—
Lot depth
—
Lot size
0.77 Acres
Year renovated
1995
Sq. Ft.
1,439
Year built
1921
Style
Single Family Residential
County
Spokane County
APN
45171.0511
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 3, 2025.
R-3
Single-Family Residential District
Single-Family Residential. Allows for single-family residential development that provides flexibility and promotes reinvestment in existing single-family neighborhoods.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Bed & breakfast
Educational/school
Golf related
Cemetery
Park & open space
Apr 15, 2028 • Active
Engineered grading
Grading
Jul 22, 2026 • Active
Right of way
Install new sewer and water connections.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.