Noah Ullah & Jill Larsen | Spokane Valley Living
The brick bungalow at 7403 E 3rd Ave in Spokane Valley, now listed at $259,000 after a price improvement, by Noah Ullah and Jill Larsen of Spokane Best Home Living

What Does $259,000 Buy in Spokane Valley After a Price Improvement? Inside 7403 E 3rd Ave

By Noah Ullah & Jill Larsen · Spokane Best Home Living, powered by Epique Realty · November 11, 2026

Quick answer: 7403 E 3rd Ave in Spokane Valley is a 3 bedroom, 1 bathroom brick bungalow with 874 sq ft on a 0.20-acre level lot, now listed at $259,000 after a price improvement on Nov 5, 2026 (MLS #202624934). It has a brand-new professionally installed metal roof, an oversized fenced yard, an aggregate driveway with room for several vehicles and RV parking, and the washer, dryer, refrigerator, dishwasher and range are included. The sellers are open to offers. Buyers who finance with Luke Baker, Sunflower Bank (NMLS# 1779289), may receive up to 1% toward a rate buydown; terms and qualification apply, and you should contact the lender for details. Schedule a showing if you want to walk it with us.

We're Noah Ullah and Jill Larsen, Spokane's Real Estate Marketing Pros at Spokane Best Home Living, powered by Epique Realty, and we're the listing agents on this one. Below is the written deep dive behind the video: the rooms, the lot, the 99212 neighborhood, the current Valley market, and a plain-English look at how that buydown credit works.

Watch the Short: 7403 E 3rd Ave after the Nov 5 price improvement. Open on YouTube.

What kind of home is 7403 E 3rd Ave?

This is a 1939 bungalow with a brick front and vinyl siding, one story above a partial, unfinished basement with walk-out access. The public listing puts it at 3 beds, 1 bath and 874 sq ft on a 0.20-acre level lot, which is about $296 per square foot at the current price. The primary bedroom is on the main floor. Parking is off-site with alley access — there's no garage in the listing — and the driveway is a large aggregate pad with room for several vehicles, plus RV parking.

The headline update on the house itself is the roof: a brand-new, professionally installed metal roof, which is a meaningful item on a 1939 home heading into a Spokane winter. The sellers improved the price on Nov 5, 2026, and the home is now listed at $259,000. As of Nov 11, the public listing still showed it as available.

What's it like room by room?

The living room

You step into an open living room that looks through to the kitchen. There's a painted-brick fireplace with a wood mantel, a front window, and wood-look flooring. It's a compact room — 874 sq ft is an honest number — but the open line into the kitchen keeps it from feeling boxed in. A side-by-side refrigerator sits at the edge of this space in the photos; that appliance stays with the home.

The kitchen and laundry

The kitchen is a U-shaped workspace with green cabinetry, a dark counter, a window over the sink, a white free-standing range, a stainless dishwasher and a microwave. Tile flooring runs through this part of the house. The washer and dryer are in a hallway laundry just off the living area, with cabinets above, and they are included along with the refrigerator, dishwasher and range.

The bedrooms and bath

There are three bedrooms and one bathroom, all on the main floor. One bedroom is set up with a full bed in the photos; another is a smaller room that could take a twin or be used as a flexible space. The third bedroom is the one we point people to when they ask about options: it's a simple, light room with a sliding glass door out to the fenced yard, and it works as a home office or a room for guests. The bathroom is a full bath with a shower/tub, a vanity and a toilet.

Heating is listed as ductless, forced air and electric. The basement is partial and unfinished, with walk-out access, so it's storage and utility space rather than additional finished living area.

The yard, driveway and roof

For a home of this size, the outdoor space is the surprise. The lot is 0.20 acres and level, with an oversized fenced yard — the listing calls out the fenced front yard, and the photos also show a deep, fenced lawn out back with room to spread out. The aggregate driveway can hold several vehicles, and there's RV parking. Add the new metal roof, and a lot of the "what am I taking on with a 1939 bungalow?" questions have a clearer answer than they would on a house that still needs that work.

What's the neighborhood like around 7403 E 3rd Ave?

The address is in Spokane Valley, ZIP 99212, just off the Sprague Avenue corridor. That's one of the Valley's main stretches for daily errands, so groceries, services and shops are a short hop rather than a cross-town trip. I-90 is also close, which helps if you commute toward downtown Spokane, the rest of the Valley or the airport.

  • Parks: Edgecliff Park at 800 S Park Road is a nearby City of Spokane Valley park. Farther east, Valley Mission Park (11123 E Mission Ave) and Mirabeau Point Park offer more room to walk and, at Mirabeau, a direct hook to the river and the Centennial Trail (City of Spokane Valley parks).
  • Trails: The Spokane River Centennial Trail is a 40-mile paved route; the Mirabeau Trailhead at 13500 E Mirabeau Pkwy is a straightforward Valley starting point. The Appleway Trail runs 5.1 miles along the old Milwaukee Railroad right-of-way, paralleling Sprague from University Road to Liberty Lake. We cover both, plus November trail conditions, in our hiking guide.
  • Schools: The MLS lists Scott Elementary (Frances L.N. Scott Elementary), Chase Middle School and Ferris High School, which are Spokane Public Schools (Scott · Chase · Ferris). This address sits near the city–Valley line, so please confirm current attendance boundaries with the district before you rely on an assignment.
  • Shopping and commute: Sprague Avenue is the everyday commercial corridor here. From this block you're also close to I-90, which is the main east–west commute across Spokane County.

How does a $259,000 list price sit in today's Valley market?

The home was first listed on Sept 28, 2026. The sellers improved the price on Nov 5, and it is now $259,000. As of Nov 11, the public listing showed 44 days on market and still listed the home as available.

That price is well below recent Valley medians, which is what you'd expect for an 874 sq ft, 1-bath bungalow compared with the typical sale. Realtor.com put Spokane Valley's October median sold price at $437,000 (up 0.52% year over year), with a median listing price of $449,986, 602 active listings, and a median of 46 days on market (Realtor.com Spokane Valley market). Countywide, Spokane REALTORS reported an October median closed price of $425,000 (up 1.2%), 434 closed sales (down 11.6%), and 3.6 months of supply, up from 3.2 a year earlier (Spokane REALTORS Market Activity, October 2026).

Prices are holding, and buyers have more homes to choose from than last fall. A price improvement on a smaller bungalow, with a new roof and appliances included, is the kind of listing people actually come out to see in a market like this. For the wider November picture, see our market check-in and our guide to buying or selling before the holidays.

Rates still matter for almost every financed offer. Freddie Mac's 30-year average was 7.18% as of Nov 5, 2026, the third weekly decline in a row; the 15-year averaged 6.57% (Freddie Mac PMMS). Your quote will differ with credit, down payment and loan type — which is the right place to talk about the buydown.

How does the up-to-1% rate buydown work?

On this listing, buyers may receive up to 1% toward an interest-rate buydown when they finance with Luke Baker, Sunflower Bank (NMLS# 1779289). Terms and qualification apply; contact the lender for details.

In plain terms, a rate buydown is money used at closing to lower the interest rate on the mortgage, which can lower the monthly principal-and-interest payment. It is not a price cut on the house, and it is not automatic. The credit described here is tied to financing with that specific lender, and the actual amount, the type of buydown (temporary or lasting for the life of the loan), and whether you qualify all have to come from the lender, not from a blog post.

Who might this help? Factually, it can matter most for a buyer who plans to finance the purchase, wants a lower payment than they'd get at the note rate alone, and is comparing quotes at today's rates — the national 30-year average is in the low 7s. It can also help a buyer who has enough room in their cash-to-close to use a credit this way, rather than needing every dollar for the down payment or closing costs. It may matter less for an all-cash buyer, or for someone who would not choose this lender or this loan type. A buydown is a tool, not a verdict. Get a written quote, look at the payment and the cash needed at closing, and then decide.

If you also want to see local down-payment programs while you run the numbers, you can check down-payment assistance options. None of this is lending advice; talk with the lender about your own situation.

Want to see 7403 E 3rd Ave in person?

The Short shows you the house. A showing lets you check the yard, the roof, the third bedroom and the driveway for yourself. Schedule a showing or a strategy call, email us at team@spokanebesthomesearch.com, or call or text (509) 903-5114. If you live nearby and you're wondering what a sale in this price range could mean for your home, start with a free home value estimate.

Watch & follow

The video and this article are meant to work together: watch the Short, then come back here for the details, the market numbers and the buydown explanation. Follow us on the platforms where you already scroll, and you'll see the next listing and the next market conversation in the same place.

If you're looking at a larger South Valley home, we also have a deep dive on 11418 E 48th Ave in Myron Estates, listed at $609,000.

FAQ: 7403 E 3rd Ave, Spokane Valley

Is 7403 E 3rd Ave still for sale, and what is the price?

As of Nov 11, 2026, the public listing showed the home as available at $259,000 after a Nov 5 price improvement (MLS #202624934). Status and price can change, so confirm with us or on the listing page before you make plans.

How many bedrooms and bathrooms does the home have?

The listing is for 3 bedrooms and 1 bathroom, with 874 sq ft. The third bedroom is a flexible room that can work as a home office or a room for guests. There's also a partial, unfinished basement with walk-out access.

What's new on the house, and what's included?

The home has a brand-new professionally installed metal roof. The washer, dryer, refrigerator, dishwasher and range are included. The lot is 0.20 acres, with an oversized fenced yard, an aggregate driveway and RV parking.

How does the up-to-1% rate buydown work?

Buyers who finance with Luke Baker, Sunflower Bank (NMLS# 1779289), may receive up to 1% toward an interest-rate buydown. That credit can be used to lower the loan's interest rate and, with it, the monthly payment. Terms and qualification apply; contact the lender for details. It does not apply to every buyer or every loan, and it is not a reduction in the list price.

Which schools does the listing name?

The MLS lists Scott Elementary (Frances L.N. Scott), Chase Middle School and Ferris High School in Spokane Public Schools. Because this address sits near the city–Valley line, confirm the current assignment with the district.

How do I schedule a showing?

Book a time on our calendar, email team@spokanebesthomesearch.com, or call or text Noah and Jill at (509) 903-5114. We'll meet you at the house.

Work with Noah & Jill

We're Noah Ullah (Managing Broker, WA Lic. #23084) and Jill Larsen with Spokane Best Home Living, powered by Epique Realty. If 7403 E 3rd Ave might be your next home — or if you're a neighbor curious about value on your street — here's where to start:

Noah Ullah & Jill Larsen, Spokane's Real Estate Marketing Pros · Spokane Best Home Living

Facts in this article come from MLS #202624934 as shown on the public listing page on Nov 11, 2026, and from the linked market, park, trail and school sources. Listing details, status and days on market can change. Market figures describe October 2026 (and the Nov 5 Freddie Mac rate survey) and are not a valuation of this home or a prediction of a sale price. The up-to-1% rate-buydown credit requires financing with Luke Baker, Sunflower Bank (NMLS# 1779289); terms and qualification apply, and the lender can provide details. School assignment should be verified with the district. This article is educational and is not financial, lending, or legal advice. Information is deemed reliable but not guaranteed.

Spokane Best Home Living, powered by Epique Realty, a subsidiary of Phoenix Realty LLC

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