NOT LISTED FOR SALE

103 N 5th St Unit 's 103, 105, 1 Cheney, WA 99004

Estimated Value: $276,000 - $314,000

8 Beds
4 Baths
3,760 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $750,000 $199 Per Sq Ft

Current estimated payment $1,909/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • 4 Car Attached Garage
  • Territorial View
  • Solid Surface Countertops
  • Eat-In Kitchen

About This Home

As of November 2021

INCREDIBLE OPPORTUNITY TO OWN A LOW-MAINTENANCE, NEWER 4-PLEX, JUST BLOCKS FROM EWU!! Owner occupancy potential, with one current lower level vacancy. Units feature full-size kitchens, with fridge, range, D/W & microwave. 3 of the 4 units have been extensively remodeled with granite countertops, new stainless appliances and brand new W/D, LVP flooring and new bathroom vanities with hard surface countertops. Roomy dining area, with built-in computer desk. Living area in upper units have vaulted ceilings. Each unit has its own private balcony & attached, oversized garage, with 10x10 (appx) storage unit. Separate meters allow tenant to pay their own utilities. Sprinkler system, handicap parking and accessibility on bottom level units, with additional off street parking too!

Last Listed By

Cathy Fey

eXp Realty, LLC License #126581 Listed on: 09/29/2021

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,697

Year Built

  • Built in 2006

Lot Details

  • 10,600 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Zero Lot Line

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,760 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Territorial Views
  • Basement

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Schools

  • Betz Elementary School
  • Cheney Middle School
  • Cheney High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 13132.4713

Community Details

Building Details

  • Insurance Expense $1,071
  • Other Expense $2,600

Additional Features

  • 4 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,697

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 2006
  • Style Of Construction: 2 Story
  • Lvt Date: 09/29/2021
  • Common Interest Community: No
  • Geo Address Line: 103 5th St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/29/2021 3:34:26 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Year Renovated: 2019
  • Jr High: Cheney MS
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 3760
  • Price Per Sq Ft: 199.47
  • Number of Stories: 2
  • Basement: Yes
  • Special Features: Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Kit Eat Sp
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave, Washer, Dryer, Hard Surface Counters
  • Estimated Unit D Sq Ft: 940
  • Number of Ranges: 4
  • Number of Refrigerators: 4

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Under Hse, Opener
  • Garage Size: 4+
  • Number Garages: 4

Utilities

  • Heating/Cooling: Elec, El Wall Unit, Zonal Heating
  • Power Company: Avista
  • Water Company: Cheney

Condo/Co-op/Association

  • Amenities: Deck

Schools

  • School District: Cheney
  • Elementary School: Betz
  • Middle School: Cheney MS
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Betz

Lot Info

  • Acres Mol: 0.24
  • Estimated Lot Sq Ft: 10600
  • Lot Information: Spr Sys, Level, Corner, Zero lot line
  • Lot View: Territorial
  • Parcel Number: 13132.4713
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 4697

Multi Family

  • Number Of Units: 4
  • Number Units A: 1
  • Number Units B: 1
  • Number Units C: 1
  • Number Units D: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2017
Sold by
Montgomery Theodore R and Montgomery Shayla
Bought by
Wake Katherine
Total Days on Market
3
Current Estimated Value
$301,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,432
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Waggy Robert M and Waggy Crystal M
Bought by
Montgomery Theodore R and Montgomery Shayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2000
Sold by
Vaughn Daniel L
Bought by
Waggy Crystal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
8.37%

Purchase Details

Closed on
May 25, 2000
Sold by
Waggy Robert Mark
Bought by
Waggy Crystal Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
8.37%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wake Katherine $133,088 First American Title Ins Co
Montgomery Theodore R $87,500 First American Title Ins
Waggy Crystal M $70,000 First American Title Ins
Waggy Crystal Marie -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wake Katherine $70,000
Open Wake Katherine $128,513
Closed Wake Katherine $134,432
Previous Owner Montgomery Theodore R $149,205
Previous Owner Montgomery Theodore R $50,000
Previous Owner Montgomery Theodore $38,000
Previous Owner Montgomery Theodore R $70,000
Previous Owner Waggy Crystal M $66,500
Closed Montgomery Theodore R $13,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $750,000 0.0% $199 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $750,000 -- $199 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,631 $238,300 $75,000 $163,300
2023 $2,117 $238,300 $75,000 $163,300
2022 $1,933 $252,300 $75,000 $177,300
2021 $1,897 $165,500 $31,500 $134,000
2020 $1,883 $154,000 $30,000 $124,000
2019 $1,572 $135,300 $28,000 $107,300
2018 $1,744 $130,700 $28,000 $102,700
2017 $1,503 $124,400 $28,000 $96,400
2016 $1,444 $115,100 $28,000 $87,100
2015 $1,396 $113,200 $28,000 $85,200
2014 -- $113,200 $28,000 $85,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202123050

Spokane Association of REALTORS®

APN: 13124.1104