Spokane County property record for 501 W 1st Ave, Spokane, WA 99201
| Property Type | Bank, Financial Building |
|---|---|
| Details | 26,068 sqft · built 1963 |
| Lot Size | 0.657 acres (28,608 sqft) |
| Owner | Company Name on File |
| Last Sale | $2,600,000 (Jul 2014) |
| Tax Bill | $26,572 (2026) |
| Flood Zone | Zone X (minimal risk) |
| APN | 35191.2403 |
| Primary APN | 35191.2403 |
|---|
| Stories | 5 Stories |
|---|---|
| Building Area | 26,068 sqft Total Area |
| Year Built | Built 1963 |
|---|---|
| Effective Year Built | Effective 1995 |
| Lot Area | 28,608 sqft (0.657 acres) |
| Cooling System | None |
|---|
| Street Address | 501 W 1ST AVE |
|---|---|
| City | SPOKANE |
| State | WA |
| Zip | 99201-3823 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Bank, Financial Building |
| Local Zoning Code | DTC |
| Legal Description | RAILROAD ADDITION LTS 3 THRU 6 BLK 13 TOGETHER WITH N5.06FT VAC ALLEY S OF & ADJ TO |
| Legal Range | 43E |
| Legal Township | 25N |
| Legal Section | 19 |
| Legal Subdivision | RAILROAD ADDITION |
| Legal Block | 13 |
| Legal Lot Number | 3-6 |
| Jurisdiction | SPOKANE WA |
| Township / Civil Division | SPOKANE |
| Census Block Group | 1 |
| Census Block | 1035 |
| Census Tract | 3500 |
501 W 1st Ave, a commercial property, is owned by a company that bought it in July 2014.
Source: Spokane County records, as of September 16, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX 2127, SPOKANE, WA 99210-2127 |
| Owner Type | Company |
| Vesting | Borrower in Default |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 22, 2014 · Amount on File |
| Deed Sale | Jul 22, 2014 · Amount on File |
| Prior Sale | Jan 18, 2006 · Amount on File |
| Deed Document Number | 20146320352 |
| Record Updated | Oct 29, 2026 |
The 2026 property tax bill for 501 W 1st Ave was $26,572, up 2.3% from the year before.
Source: Spokane County assessment roll, as of September 16, 2026
| Type | Name |
|---|---|
| State | Washington |
| County | Spokane County |
| Municipality | Spokane City |
| Unified School District | Spokane Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $26,572.00 (+2.28%) | $2,576,220 Land $1,487,620 Building $1,088,600 | $2,576,220 Land $1,487,620 Building $1,088,600 |
| 2025 | $25,979.00 | ||
| 2024 | $2,203,450 (+9.63%) Land $1,258,750 Building $944,700 | $2,203,450 (+9.63%) Land $1,258,750 Building $944,700 | |
| 2023 | $21,496.00 (-8.32%) | $2,009,920 Land $1,144,320 Building $865,600 | $2,009,920 Land $1,144,320 Building $865,600 |
| 2022 | $23,448.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 501 W 1st Ave in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1982.
Source: FEMA National Flood Hazard Layer, effective September 27, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Claims | 2 (1982–1984) |
| Most Recent Claim | Jan 1984 · tidal / storm surge |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 501 W 1st Ave has no burnable land within ember reach, so its wildfire risk is not rated.
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.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 202 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Wind Wireless Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: CenturyLink, Intermax Networks, T-Mobile, Verizon.
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