NOT LISTED FOR SALE

1420 3rd St Cheney, WA 99004

Estimated Value: $290,000 - $322,000

4 Beds
2 Baths
1,788 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $252,000 $141 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,983/month

3 Days on Market

About This Home

As of April 2021

Excellent, investment duplex opportunity with a great rental history and close to EWU. This is an up/down duplex and has been well maintained and has a newer roof. Each unit has 2 bedrooms, 1 bathroom and comes with a dishwasher, range, fridge and frontload washer/dryers. Upper unit has a back deck and the lower unit has a daylight basement door. Rents currently are $750 and $690 and leases are up in the summer. Owner will be reviewing all offers on Monday, Mar 1st at 5pm.

Last Listed By

Dan Hilton

Hilton Real Estate, Inc. License #110611 Listed on: 02/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 1978

Lot Details

  • 5,000

Home Design

  • Traditional Architecture
  • Siding

Interior Spaces

  • 1,788 Sq Ft Home
  • Basement with some natural light

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Alley Access
  • Off-Site Parking

Additional Features

  • 5,000 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13124.3109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,966

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-235-8484
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Siding

Garage/Parking

  • Parking Features: Off Site, Alley Access

Utilities

  • Heating: Electric, Baseboard

Lot Info

  • Parcel Number: 13124.3109
  • Lot Size Sq Ft: 5000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1966.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
James Apple Lucas
Bought by
Apple Management Llc
Total Days on Market
3
Current Estimated Value
$311,460

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 9, 2021
Sold by
Stonebraer Properties Llc
Bought by
Apple Lucas James
Seller's Agent
Dan Hilton
Hilton Real Estate, Inc.
Buyer's Agent
Nichole Andreasen
Amplify Real Estate Services
List Price
$229,900
Sold Price
$252,000
Premium/Discount to List
$22,100
9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$189,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
Stone Suzanne F and Stone Susie
Bought by
Stonebraer Properties Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Stone Susie
Bought by
Stone Susie

Range of Values:

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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
Apple Management Llc -- None Listed On Document
Apple Lucas James $252,000 First American Title Ins Co
Stonebraer Properties Llc -- Accommodation
Stone Susie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apple Lucas James $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $252,000 +9.6% $141 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $229,900 -- $129 / 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 $2,882 $261,200 $55,000 $206,200
2023 $2,221 $248,200 $75,000 $173,200
2022 $2,064 $264,700 $75,000 $189,700
2021 $1,966 $171,600 $31,500 $140,100
2020 $1,912 $156,400 $30,000 $126,400
2019 $1,645 $141,600 $28,000 $113,600
2018 $1,809 $135,600 $28,000 $107,600
2017 $1,566 $129,600 $28,000 $101,600
2016 $1,549 $123,500 $28,000 $95,500
2015 $1,496 $121,300 $28,000 $93,300
2014 -- $121,300 $28,000 $93,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202111940

Spokane Association of REALTORS®

APN: 13124.3109