Welcome Home! This cheerful Valley rancher boasts easy one-level living in a great, quiet, Central Valley neighborhood. This 2 bedroom, 1 bath home is inviting and immaculately remodeled - top to bottom! Every room has been beautifully appointed so nothing is left to do. The pellet stove will keep you cozy and warm this winter. The enclosed breezeway is a great place to relax and the over-sized backyard has been lovingly maintained with grape vines, a large storage shed and a garden shed.
Single-familyProperty Type
1955Year Built
9,800 sq ftLot Size
$330Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Katie McDaris Marks• EXIT Real Estate Professionals
Bought with Katie McDaris Marks• EXIT Real Estate Professionals
Large Remodeled Valley Rancher in quiet neighborhood. New siding, and bright fresh paint. Large drive thru garage, enclosed breezeway, new water heater, two large storage sheds, oversized lot with garden area that is conveniently located in the central valley area. New lighting, vinyl windows, updated bathroom and much more. Enjoy the warmth of the pellet stove on a cold winters day. This home is move in ready and may qualify you for the $8,000 first time home buyers tax credit.
SPOKANEMLS as Distributed by MLS Grid #24026322
Nov 9, 2004
Sold
$90,450
$90/sq ft
Sep 28, 2004
Listed
$90,450
$90/sq ft
RANCHER IN SOLID AREA. NICE SHED. SIDING TO BE LEFT TO FINISH. ENCLOSED BREEZEWAY. WASHER AND DRYER STAY. PELLET STOVE HEATS HOME NICELY. GARAGE IS A DRIVE-THRU.
Public Records
Jul 20, 1993
Sold
$69,500
$69/sq ft
Public Records
Nov 1, 1981
Sold
$44,600
$44/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$397
$76,000 + $219,800
$295,800
2025
$397 (+2.2%)
$76,000 + $219,800
$295,800
2024
$389 (−1.7%)
$71,250 + $227,000
$298,250
2023
$395 (+3.3%)
$80,000 + $215,600
$295,600
2022
$383 (−6.1%)
$60,000 + $146,500
$206,500
2021
$408 (−5.3%)
$60,000 + $128,900
$188,900
2020
$430 (−77.6%)
$50,000 + $124,800
$174,800
2019
$1,923 (−15.3%)
$50,000 + $112,300
$162,300
2018
$2,270 (+19.6%)
$50,000 + $85,500
$135,500
2017
$1,898 (+2.3%)
$50,000 + $85,500
$135,500
2016
$1,856 (+2.1%)
$50,000 + $78,400
$128,400
2015
$1,817
$50,000 + $73,500
$123,500
Tax history for 721 S Farr Rd
Year
Property tax
Land + Additions
Assessment*
2026
$397
$76,000 + $219,800
$295,800
2025
$397 (+2.2%)
$76,000 + $219,800
$295,800
2024
$389 (−1.7%)
$71,250 + $227,000
$298,250
2023
$395 (+3.3%)
$80,000 + $215,600
$295,600
2022
$383 (−6.1%)
$60,000 + $146,500
$206,500
2021
$408 (−5.3%)
$60,000 + $128,900
$188,900
2020
$430 (−77.6%)
$50,000 + $124,800
$174,800
2019
$1,923 (−15.3%)
$50,000 + $112,300
$162,300
2018
$2,270 (+19.6%)
$50,000 + $85,500
$135,500
2017
$1,898 (+2.3%)
$50,000 + $85,500
$135,500
2016
$1,856 (+2.1%)
$50,000 + $78,400
$128,400
2015
$1,817
$50,000 + $73,500
$123,500
*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
2
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
9,800 Sq. Ft.
Year renovated
1955
Sq. Ft.
1,216
Year built
1955
Style
Single Family Residential
County
Spokane County
APN
45202.1225
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
MFR
Multifamily Residential District
Multifamily Residential. Allows for multifamily housing located near business and commercial centers, the arterial street system, and public transit. Adjacent single-family zones are protected through transitional standards.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Educational/school
Golf related
Park & open space
May 5, 2025 • Final
Reroof permit - residential or commercial
Work on a residential building.
Roofing
Feb 21, 2018 • Final
Mechanical
Work on a residential building.
Bathroom
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.
Property details
Parking
Parking Information
Parking Features: Attached, Workshop in Garage, Oversized