NOT LISTED FOR SALE

121 5th St Cheney, WA 99004

6 Beds
5 Baths
3,504 Sq Ft
10,019 Sq Ft

Last Sold December 29, 2023

Last sale price $526,000 $150 Per Sq Ft

72 Days on Market

Highlights

  • City View
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Corner Lot
  • Formal Dining Room
  • Oversized Parking

About This Home

As of December 2023

Price Improvement! Excellent Investment Opportunity! Super Nice 4-Plex located 2 Blocks from EWU & 3 Blocks from Sutton Park. Perfect for owner Occupancy Rental. The Main Unit is 1734 SF, 3 Bdrm, 2 Bath, 2-Car Gar. It features a well-appointed kitchen w/ Granite Countertops, Lrg Dining Rm, Bright & Airy Living Rm w/ Gas F/P, Primary Bdrm w/ 3/4 Bath & Backyard Deck - currently leased for $1625/mo. The 3 units in the lower level include (2) Lrg studios, & (1) 1 Bdrm All w/ Laundry in units) – those 3 are currently leased for a total of $2095/mo. Total Gross Income $3720/mo. Leased thru 6/30/2024. New Electrical panels in 2018 & Sewer Line - 2021. Lots of Updating. Vinyl Wdws, 2 F/P in main home, Full yard Sprinkler System. See Assoc Docs for Update List. Must See!

Last Agent to Sell the Property

Clinton Sewright

Coldwell Banker Tomlinson License #105824 Listed on: 08/07/2023

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1957

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees

Property Views

  • City
  • Territorial

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,504 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 13132.4703

Community Details

Overview

  • 4 Units

Amenities

  • Building Patio
  • Community Deck or Porch

Building Details

  • Insurance Expense $1,659
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,338

Year Built

Built in 1957

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1957
  • Style Of Construction: 1 Story
  • Lvt Date: 08/07/2023
  • Common Interest Community: No
  • Geo Address Line: 121 5th St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/7/2023 6:13:53 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Jr High: Cheney
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 3504
  • Price Per Sq Ft: 150.11
  • Number of Stories: 1
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Basement: Yes
  • Special Features: Mn Flr Util, Wood Flr, Wood Wn Fr, Vinyl Wn Fr, Multi Pn Wn
  • Design: Rancher
  • Dining Room: Formal, Informal
  • Family/Recreation Room: Bsmt
  • Features: Breakers
  • Fireplace: Masonry, Gas, Insert
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer, Hard Surface Counters
  • Primary Bedroom: Dbl Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Estimated Unit D Sq Ft: 550
  • Number of Ranges: 4
  • Number of Refrigerators: 4

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Off St Prkg, Oversized
  • Garage Size: 2
  • Number Garages: 2

Utilities

  • Heating/Cooling: Gas, Elec, Basebd, El Wall Unit, Zonal Heating
  • Power Company: City
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Deck, Patio, DSL

Schools

  • School District: Cheney
  • Elementary School: Betz

Lot Info

  • Acres Mol: 0.23
  • Estimated Lot Sq Ft: 10000
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 121
  • Estimated Lot Dimension Depth: 100
  • Estimated Lot Dimension Front: 100
  • Lot Information: Spr Sys, Treed, Corner
  • Lot View: City, Territorial
  • Parcel Number: 13132.4703
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 184
  • Multiple Parcels: No

Tax Info

  • Tax Database Id: 1
  • Taxes: 4338
  • Assessor Parcel Number: 13132.4703

Multi Family

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

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $526,000 +0.2% $150 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
08/24/2023 08/24/23 Price Changed $525,000 -1.9% $150 / Sq Ft
08/07/2023 08/07/23 For Sale $535,000 +80.4% $153 / Sq Ft
02/13/2018 02/13/18 Sold $296,500 -1.1% $83 / Sq Ft View Prior Sale
01/11/2018 01/11/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $299,900 -- $84 / 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 $5,522 $511,200 $75,000 $436,200
2024 $5,522 $501,400 $90,000 $411,400
2023 $4,338 $476,000 $90,000 $386,000
2022 $3,315 $518,400 $60,000 $458,400
2021 $3,420 $299,300 $60,000 $239,300
2020 $3,369 $276,300 $60,000 $216,300
2019 $3,196 $275,600 $60,000 $215,600
2018 $3,670 $275,600 $60,000 $215,600
2017 $3,321 $275,600 $60,000 $215,600
2016 $3,258 $260,400 $60,000 $200,400
2015 $3,226 $262,300 $60,000 $202,300
2014 -- $263,300 $60,000 $203,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202320050

Spokane Association of REALTORS®

APN: 13132.4703

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