NOT LISTED FOR SALE

1407 1st St Cheney, WA 99004

Estimated Value: $326,299

-- Bed
-- Bath
8,800 Sq Ft
$37/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $205,000 $23 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,108/month

56 Days on Market

About This Home

As of October 2012

This is the first time on the market for this Established Mini Storage Facility. Built in 1979 this 90 unit complex has a nice mix of 5 x 10, 5 x 12, 10 x 10 and 10 x 24 units. These individual units are competitively priced in the Cheney market. A new, local, owner would have significant opportunities for both revenue enhancement and expense reduction. Well lighted, and with attractive signage, a chance like this comes along once in a lifetime, make your inquiries today as it may be gone tomorrow!

Last Listed By

Pat Isbell

Hilton Real Estate, Inc. License #18388 Listed on: 08/06/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1979

Lot Details

  • 0.58 Acre Lot

Parking

  • 900 Parking Spaces

Home Design

  • Slab Foundation
  • Metal Construction or Metal Frame

Interior Spaces

  • 8,800 Sq Ft Home
  • 1-Story Property

Community Details

  • 90 Units
  • Fuel Expense $3,366

Listing and Financial Details

  • Assessor Parcel Number 13124.2304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,383

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.58
  • Road Frontage Type: City Street, See Remarks
  • Co List Office Phone: 509-235-8484
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Stories: 1

Exterior Features

  • Roof: See Remarks
  • Construction Type: Metal

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 900

Utilities

  • Cooling: See Remarks
  • Heating: See Remarks

Fee Information

  • Annual Fuel Expense: 3366

Lot Info

  • Parcel Number: 13124.2304
  • Lot Size Sq Ft: 25275

Multi Family

  • Number Of Units Total: 90

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Holland Karlyn K and Holland Kyle J
Bought by
1St Street Self Storage Llc
Total Days on Market
56
Current Estimated Value
$326,299

Purchase Details

Closed on
Jul 21, 2023
Sold by
Isbell Family Trust
Bought by
Holland Karlyn K and Holland Kyle J

Purchase Details

Listed on
Aug 6, 2012
Closed on
Oct 12, 2012
Sold by
Kimlylon Llc
Bought by
The Isbell Family Trust
Seller's Agent
Pat Isbell
Hilton Real Estate, Inc.
Buyer's Agent
Pat Isbell
Hilton Real Estate, Inc.
List Price
$239,000
Sold Price
$205,000
Premium/Discount to List
-$34,000
-14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Dicus Lonnie and Dicus Lynn
Bought by
Kimlylon Llc

Purchase Details

Closed on
Mar 15, 2012
Sold by
Dicus Stanley R
Bought by
Dicus Lonnie and Dicus Lynn

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
1St Street Self Storage Llc -- First American Title
Holland Karlyn K -- First American Title
The Isbell Family Trust $205,000 First American Title Ins Co
Kimlylon Llc -- None Available
Dicus Lonnie -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $205,000 -14.2% $23 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $239,000 -- $27 / 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 $3,383 $306,750 $151,650 $155,100
2023 $1,901 $245,200 $101,100 $144,100
2022 $2,449 $226,400 $101,100 $125,300
2021 $2,353 $205,600 $101,100 $104,500
2020 $2,548 $208,700 $101,100 $107,600
2019 $2,372 $204,400 $101,100 $103,300
2018 $2,673 $200,600 $101,100 $99,500
2017 $2,416 $200,300 $101,100 $99,200
2016 $2,657 $212,300 $101,100 $111,200
2015 $3,094 $251,550 $151,650 $99,900
2014 -- $262,450 $151,650 $110,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201220858

Spokane Association of REALTORS®

APN: 13124.2304