NOT LISTED FOR SALE

1115 1st St Cheney, WA 99004

-- Bed
-- Bath
7,200 Sq Ft
8,313 Sq Ft Lot

Last Sold July 10, 2020

Last sale price $862,800 $120 Per Sq Ft

27 Days on Market

Highlights

  • City View
  • Laundry Facilities
  • Community Storage Space
  • Baseboard Heating

About This Home

As of July 2020

Cash flowing 11 unit apartment in the heart of Cheney. The unit mix is 7 - 1/1 and 4- 2/1. The current owner has moved rents and updated most units. The property is low maintenance with newer roof, updated vinyl siding and windows, concrete walkways, updated interiors, off street parking and there is still room to move rents to market rates! The Cheney market has low vacancy and with all of the new business on the West Plains, this could be the perfect long term investment. Hurry before it is gone!

Last Agent to Sell the Property

Jordan Tampien

4 Degrees Real Estate License #25708 Listed on: 03/29/2020

4 Degrees Real Estate

Co-Listed By

Brenda Tampien

eXp Realty 4 Degrees License #120493

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,766

Year Built

  • Built in 1970

Lot Details

  • 8,313

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • City Views
  • Basement with some natural light

Parking

  • 12 Parking Spaces
  • Alley Access
  • Off-Site Parking

Additional Features

  • 8,313 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 13131.0506

Community Details

Overview

  • 11 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,766

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: Laundry, Storage
  • Co List Office Mls Id: SAR1303
  • Co List Office Phone: 509-413-1956
  • Co List Office Phone: 509-413-1956
  • MLS Status: Sold
  • Reso Structure Type: Three Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Daylight, Laundry, Slab
  • Basement YN: No
  • Stories: 3

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Site, Alley Access, None
  • Total Parking Spaces: 12

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 11

Lot Info

  • Parcel Number: 13131.0506
  • Lot Size Sq Ft: 8313

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 7766
  • Tax Database ID: 1
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $862,800 -1.4% $120 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $874,900 +32.6% $122 / Sq Ft
07/27/2018 07/27/18 Sold $660,000 -1.3% $92 / Sq Ft View Prior Sale
06/03/2018 06/03/18 For Sale $669,000 +67.3% $93 / Sq Ft
10/01/2012 10/01/12 Sold $400,000 -8.6% $56 / Sq Ft View Prior Sale
07/19/2012 07/19/12 Pending -- -- --
08/26/2011 08/26/11 For Sale $437,586 -- $61 / Sq Ft
Source: Spokane Association of REALTORS®

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
2025 $12,074 $1,140,200 $116,380 $1,023,820
2024 $12,074 $1,097,600 $116,380 $981,220
2023 $9,055 $1,161,700 $116,380 $1,045,320
2022 $9,041 $1,083,600 $83,130 $1,000,470
2021 $7,461 $654,100 $83,130 $570,970
2020 $7,766 $638,230 $83,130 $555,100
2019 $4,615 $398,280 $49,880 $348,400
2018 $5,199 $390,680 $49,880 $340,800
2017 $4,791 $397,780 $49,880 $347,900
2016 $4,847 $387,680 $49,880 $337,800
2015 $4,703 $382,600 $66,500 $316,100
2014 -- $378,500 $66,500 $312,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202013616

Spokane Association of REALTORS®