NOT LISTED FOR SALE

1506 2nd St Cheney, WA 99004

Estimated Value: $329,000 - $401,000

4 Beds
2 Baths
1,614 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $400,000 $248 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,411/month

7 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Double Oven
  • Oversized Parking
  • Tankless Water Heater

About This Home

As of November 2023

Here's your opportunity to own a turnkey Mid-Century 4-bed, 2-bath rancher on a prime 1/4 acre corner lot in the heart of Cheney near EWU, schools, restaurants, & shopping. The love put into this home is apparent from the new (under warranty): cedar deck, roof & fiber cement board shingles, gutters & gutter screens, ext paint, drip lines & existing sprinkler system. Private driveway leads to more off-street parking & 1 car garage w/workshop space. New ext steel doors w/keyless locks. Once inside, you are greeted w/: newly refinished wood floors, flagstone entry, a majestic stone gas fireplace insert, vinyl dual-pane windows, new window shades, fresh int paint, stunning built-ins, new Mid-Century lighting, & solar tubes bringing natural light. A tankless, gas water heater maximizes energy efficiency. Both remodeled bathrooms have striking finishes like quartz counters. It’s the perfect setup for end suite living w/main bedroom at one end & remaining bedrooms at the other end. Appliances stay incl LG dw & w/d.

Last Listed By

Misty Woodruff

Touchstone Real Estate Group License #22022832 Listed on: 10/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1963

Lot Details

  • 10,600 Sq Ft Lot
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,614 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Family Room with entrance to outdoor space
  • Dining Room
  • Crawl Space

Kitchen

  • Double Oven
  • Stove
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Grab Bars
  • Flash Smoke Alarm

Outdoor Features

  • Storage Shed

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 13124.2614

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,148

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Accessibility: Grab Bars, Flash Smoke Detector
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1963
  • Lvt Date: 10/11/2023
  • Common Interest Community: No
  • Geo Address Line: 1506 2nd St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/11/2023 6:44:29 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Year Renovated: 2022
  • Jr High: Cheney
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1614
  • Price Per Sq Ft: 247.83
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 4
  • First Floor Bedrooms: 4
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Crawl
  • Special Features: Mn Flr Util, Wood Flr, Vinyl Wn Fr, Multi Pn Wn, Solar Tube
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr, Outside Ent
  • Fireplace: Gas, Insert, Masonry
  • Kitchen Appliances: Fr Stnd Rng, Dbl Ovens, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1
  • Stove: Gas

Exterior Features

  • Exterior: Wood, Fiber Cement
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Shop Area, Opener, Off St Prkg, Oversized
  • Garage Size: 1

Utilities

  • Heating/Cooling: Elec, Basebd, El Wall Unit, Wall A/C
  • Power Company: Cheney
  • Water Company: Cheney

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Gas Hot Wtr, Tankls Wtr Htr

Schools

  • School District: Cheney
  • Elementary School: Betz
  • Middle School: Cheney
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Betz

Lot Info

  • Acres Mol: 0.24
  • Estimated Lot Sq Ft: 10600
  • Lot Information: Spr Sys, Level, Corner, Oversized
  • Parcel Number: 13124.2614
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 6, 2023
Sold by
Ferguson Holly M
Bought by
Greenleaf David Ira and Cox Valerie Jean
Seller's Agent
Misty Woodruff
Touchstone Real Estate Group
Buyer's Agent
MISC MISC
Edwards Real Estate Group
List Price
$390,000
Sold Price
$400,000
Premium/Discount to List
$10,000
2.56%
Total Days on Market
7
Views
34
Current Estimated Value
$368,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,018
Avg. Annual Appreciation
-5.07%
Original Mortgage
$360,000
Outstanding Balance
$355,045
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$13,937

Purchase Details

Listed on
Nov 25, 2015
Closed on
Apr 7, 2017
Sold by
Ojcius Aaron M and Ojcius Jennifer R
Bought by
Ferguson Holly M
Seller's Agent
Andrew Wright
Professional Realty Services
Buyer's Agent
Andrew Wright
Professional Realty Services
List Price
$167,500
Sold Price
$158,000
Premium/Discount to List
-$9,500
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$155,138
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2007
Sold by
Kim Dongho D and Kim Jason L
Bought by
Ojcius Aaron M and Ojcius Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Kim Jungja
Bought by
Kim Dongho D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Finnie Catherine Marie
Bought by
Finnie Scott Myron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Zeiger William W
Bought by
Finnie Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Greenleaf David Ira $400,000 Wfg National Title
Ferguson Holly M $158,000 First American Title Ins Co
Ojcius Aaron M $170,000 Spokane County Title Co
Kim Dongho D -- Transnation Title
Kim Dongho D $150,000 Transnation Title
Finnie Scott Myron -- First American Title Ins
Finnie Scott M $112,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenleaf David Ira $360,000
Previous Owner Ferguson Holly M $150,000
Previous Owner Ferguson Holly M $75,000
Previous Owner Ferguson Holly M $155,138
Previous Owner Ojcius Aaron M $167,220
Previous Owner Ojcius Aaron M $170,000
Previous Owner Kim Dongho D $110,000
Previous Owner Finnie Scott M $26,000
Previous Owner Finnie Scott M $90,000
Closed Finnie Scott M $16,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $400,000 +2.6% $248 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $390,000 +146.8% $242 / Sq Ft
04/10/2017 04/10/17 Sold $158,000 -5.7% $109 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/25/2015 11/25/15 For Sale $167,500 -- $116 / 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 $4,148 $376,400 $75,000 $301,400
2023 $2,568 $306,300 $75,000 $231,300
2022 $2,270 $306,300 $75,000 $231,300
2021 $2,245 $196,100 $31,500 $164,600
2020 $2,154 $176,300 $30,000 $146,300
2019 $1,837 $158,200 $28,000 $130,200
2018 $2,198 $164,900 $28,000 $136,900
2017 $1,960 $162,400 $28,000 $134,400
2016 $1,867 $149,000 $28,000 $121,000
2015 $1,682 $136,500 $28,000 $108,500
2014 -- $136,500 $28,000 $108,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202323124

Spokane Association of REALTORS®

APN: 13124.2614