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40 E Falcon Ave, Spokane, WA, 99218

4beds
3baths
3,266sqft
$519,900
$159price/sqft
$3,446/moest. monthly cost
$137,840/yrincome needed

About This Home

Brentwood Forest spacious 3,266 sq. ft. condo featuring 4 bedrooms and 3 baths, including two primary en suites. Beautiful hardwood floors, higher ceilings and granite kitchen countertops with stainless steel appliances, including gas range, all stay. Main-floor laundry with washer and dryer included. Finished walkout basement offers large family room, wet bar, and patio access—ideal for entertaining. Enjoy outdoor living with a deck off the main level. Attached 2-car garage provides convenience and storage. Well-maintained community with HOA fee of $325/month covering lawn care and snow removal. Excellent location close to amenities, shopping, and services. Low-maintenance living with generous space and flexibility, perfect for multi-generational living or guests. A rare find in a desirable condo community offering comfort, function, and value.

Getting Around

30
WalkingCar-Dependent
34
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

6/10
6/10
Northwood Middle SchoolGrades 6-81.6 mi
8/10
Mead Senior High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1993

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Disposal,Microwave,Washer,Dryer

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Daylight,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Window features: Vinyl Frames
  • Flooring: Wood
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

First Floor

  • Level: First
  • Area: 1675

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,266
  • Total interior livable area: 3,266 sqft

Property

Details

  • Parcel number: 36083.1503

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 9,583 sqft
  • Features: Sprinkler - Automatic,Zero Lot Line

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,628$31,536
Home Insurance *$160$1,920
Property Taxes $435$5,220
Electricity $223$2,680
Total$3,446$41,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$118,148/yr
40% on housing$103,380/yr
45% on housing$91,893/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 99218$179
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99218$204
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-17Listed for sale$519,900
2013-04-18Sold$215,280
2007-08-20Sold$330,000

For Sale by Agent

AgentKim Mccracken
BrokeragePlese Realty LLC

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