1508 S Rustle St, Spokane, WA 99224 Property Records

Spokane County property record for 1508 S Rustle St, Spokane, WA 99224

Property Summary

Property Type	Hotel
Details	22,706 sqft · built 1972
Lot Size	1.43 acres (62,500 sqft)
Owner	Company Name on Record
Last Sale	$1,545,000 (Jun 2014)
Tax Bill	$56,250 (2026)
Deeds & Mortgages	Jun 2017 Mortgage Oct 2017 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`25262.0201`

Property Details

APN / Parcel Number

Primary APN	`25262.0201`

Interior

Units	120 Units
Stories	2 Stories
Building Area	22,706 sqft Total Area
Gross Area	21,856 sqft

Exterior

Year Built	Built 1972
Effective Year Built	Effective 1988
Exterior Material	Brick
Construction Type	Steel Frame
Lot Area	62,500 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Street Address	1508 S RUSTLE ST
City	SPOKANE
State	WA
Zip	99224-2022
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	CB
Legal Description	GARDEN SPRINGS L1TO10B2
Legal Range	42E
Legal Township	25N
Legal Section	26
Legal Subdivision	GARDEN SPGS ADD
Legal Lot Number	1
Jurisdiction	SPOKANE WA
Township / Civil Division	SPOKANE
Census Block Group	2
Census Block	2028
Census Tract	3800

Owner

Source: Spokane County records, as of September 25, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 23, 2017	Deed of Trust, Mortgage · Commercial Mortgage NEW MILLENNIUM BANK
Oct 30, 2017	Deed of Trust, Mortgage · Commercial Mortgage NEW MILLENNIUM BANK ISAOA
Apr 11, 2018	Deed of Trust, Mortgage · Commercial Mortgage NEW MILLENNIUM BANK
Dec 18, 2018	Deed of Trust, Mortgage · Commercial Mortgage CENTERSTONE SBA LENDING INC
Sep 27, 2019	Deed of Trust, Mortgage NUMERICA CU
Dec 14, 2018	Deed of Trust, Mortgage CENTERSTONE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 20, 2014 · Amount on Record
Deed Sale	Jun 20, 2014 · Amount on Record
Deed Document Number	20146313000
Prior Transfer Date	May 30, 2014
Prior Transfer Doc	0006313433
Record Updated	Oct 29, 2026

June 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SPOKANE WA
Property Address	1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Transaction Type	Mortgage
Record Updated	Sep 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0006614961
Date	Jun 23, 2017
Instrument	6614961

Lender

Name	NEW MILLENNIUM BANK
Type	Bank
Address	FORT LEE, NJ 07024

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

October 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SPOKANE WA
Property Address	1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Transaction Type	Mortgage
Record Updated	Sep 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0006654938
Date	Oct 30, 2017
Instrument	6654938

Lender

Name	NEW MILLENNIUM BANK ISAOA
Address	FORT LEE, NJ 07024

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

April 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SPOKANE WA
Property Address	1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Transaction Type	Mortgage
Record Updated	Sep 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0006698286
Date	Apr 11, 2018
Instrument	6698286

Lender

Name	NEW MILLENNIUM BANK
Type	Bank
Address	FORT LEE, NJ 07024

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

December 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SPOKANE WA
Property Address	1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Transaction Type	Mortgage
Record Updated	Sep 8, 2022
Title Company	TICOR TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0006770126
Date	Dec 18, 2018
Instrument	6770126

Lender

Name	CENTERSTONE SBA LENDING INC
Type	Lending Institution
Address	LOS ANGELES, CA 90017

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SPOKANE WA
Property Address	1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Document Number	0006849265
Instrument Date	Sep 27, 2019
Transaction Type	Mortgage
Record Updated	Oct 21, 2019
Title Company	TICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1508 S RUSTLE ST SPOKANE WA 992242022, SPOKANE, WA 99224-2022

Mortgage

Document Number	0006849265
Date	Oct 2, 2019
Instrument	6849265

Lender

Name	NUMERICA CU
Type	Credit Union
Address	PO BOX 4000, SPOKANE VALLEY, WA 99037-4000

Agreement

Amount	Amount Recorded

December 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SPOKANE WA
Property Address	1508 S RUSTLE ST, SPOKANE, WA 99224-2022
Document Number	0006770128
Instrument Date	Dec 14, 2018
Transaction Type	Mortgage
Record Updated	Jan 7, 2019
Title Company	TICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1919 N HUTCHINSON RD SPOKANE VALLEY WA 992122455, SPOKANE VALLEY, WA 99212-2455

Mortgage

Document Number	0006770128
Date	Dec 18, 2018
Instrument	6770128

Lender

Name	CENTERSTONE
Address	700 S FLOWER ST # 850, LOS ANGELES, CA 90017-4121

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Spokane County assessment roll, as of September 16, 2026

Property Jurisdictions

Type	Name
State	Washington
County	Spokane County
Municipality	Spokane City
Unified School District	Spokane Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$56,250.00 (-1.47%)	$5,762,400 (+4.78%) Land $375,000 Building $5,387,400	$5,762,400 (+4.78%) Land $375,000 Building $5,387,400
2025	$57,090.00 (+176.73%)	$5,499,300 (+167.74%) Land $312,500 Building $5,186,800	$5,499,300 (+167.74%) Land $312,500 Building $5,186,800
2024	$20,630.00 (+2.95%)	$2,054,000 (+44.03%) Land $312,500 Building $1,741,500	$2,054,000 (+44.03%) Land $312,500 Building $1,741,500
2023	$20,039.00 (+20.43%)	$1,426,100 Land $250,000 Building $1,176,100	$1,426,100 Land $250,000 Building $1,176,100
2022	$16,640.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 27, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF SPOKANE serves 346,138 people · EPA ID WA5383100
Water Source	Groundwater
Last State Inspection	Sep 2024
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 45 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20
Wind Wireless Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, Intermax Networks.

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