NOT LISTED FOR SALE

121 5th St Cheney, WA 99004

6 Beds
5 Baths
3,504 Sq Ft
10,000 Sq Ft Lot Lot

Sale Details

Date 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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