NOT LISTED FOR SALE

1513 3rd St Unit 1515 (Upper Unit) Cheney, WA 99004

Estimated Value: $321,000 - $340,000

4 Beds
2 Baths
1,976 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $270,000 $137 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,127/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Attached Garage
  • Building Patio
  • Contemporary Architecture
  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of October 2021

Cheney Duplex! Nearly identical units featuring 2bd 1ba, linen storage in the hallway, large kitchen with washer & dryers and breakfast nook space, living room with a wood burning fireplace and a dining room with door to the backyard. The top floor unit will be vacant mid September and would be perfect for an owner occupant! Lower unit is on a one year lease through July 2022 which includes all utilities in exchange for lawn care, snow removal, etc. Property has a fenced back yard with upper and lower patio spaces as well as a 2 car attached carport that could be potentially enclosed into a garage. Roof is approx 5 years old. Cadet style wall heaters and vinyl windows. Each unit could use a little freshen up with newer flooring but otherwise makes a very solid rental property. Current rents below market rent rates.

Last Listed By

Melissa Blaine

Coldwell Banker Tomlinson License #23881 Listed on: 08/25/2021

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1968

Lot Details

  • 7,500 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Attached Garage
  • 2 Carport Spaces
  • RV Access or Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 13124.2613

Community Details

Overview

  • 2 Units

Amenities

  • Building Patio
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,167

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1968
  • Style Of Construction: Duplex Up-Down
  • Lvt Date: 08/25/2021
  • Common Interest Community: No
  • Geo Address Line: 1513 3rd St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/26/2021 12:10:23 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 1976
  • Price Per Sq Ft: 136.64
  • Number of Stories: 2
  • Basement: Full, Finished, Outside Entr
  • Special Features: Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Kit Eat Sp
  • Features: Breakers
  • Fireplace: Insert, Masonry, Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: T-111
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Carport, RV Parking
  • Garage Size: 0
  • Number Carports: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Deck, Patio

Schools

  • School District: Cheney
  • School District: Cheney

Lot Info

  • Acres Mol: 0.17
  • Estimated Lot Sq Ft: 7500
  • Estimated Lot Dimension Depth: 100
  • Estimated Lot Dimension Front: 75
  • Lot Information: Fncd Bk Yd, Level
  • Parcel Number: 13124.2613
  • Site Improvements: Pub Sewer, Swr Avail-St, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 2167
  • Assessor Parcel Number: 13124.2613

Multi Family

  • Number Of Units: 2
  • Number Units A: 1513
  • Number Units B: 1515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 6, 2021
Sold by
Rickman Cary D
Bought by
Bonsell Terrell E
Seller's Agent
Melissa Blaine
Coldwell Banker Tomlinson
Buyer's Agent
Melissa O'Bannon
Kelly Right Real Estate of Spokane
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Total Days on Market
6
Current Estimated Value
$327,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,527
Avg. Annual Appreciation
5.45%
Original Mortgage
$265,109
Outstanding Balance
$244,363
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$83,164

Purchase Details

Closed on
Jun 27, 2019
Sold by
Pollack Edward
Bought by
Rickman Cary O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2011
Sold by
Pengelly Pollack Aubra
Bought by
Pollack Edward

Purchase Details

Closed on
Mar 12, 2001
Sold by
Breitenfeldt Dorvan H
Bought by
Breitenfeldt Todd and Smith Cathy B

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
Bonsell Terrell E $270,000 None Available
Rickman Cary O $195,000 None Available
Pollack Edward -- None Available
Breitenfeldt Todd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonsell Terrell E $265,109
Previous Owner Rickman Cary O $151,500
Previous Owner Rickman Cary O $146,250
Previous Owner Pollack Edward M $60,000
Previous Owner Pollack Edward Michael $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $270,000 -1.8% $137 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $275,000 -- $139 / 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 $3,519 $319,100 $75,000 $244,100
2023 $2,511 $280,000 $75,000 $205,000
2022 $2,310 $299,500 $75,000 $224,500
2021 $1,083 $189,200 $31,500 $157,700
2020 $2,041 $167,000 $30,000 $137,000
2019 $1,754 $151,000 $28,000 $123,000
2018 $1,927 $144,500 $28,000 $116,500
2017 $1,668 $138,100 $28,000 $110,100
2016 $1,636 $130,500 $28,000 $102,500
2015 $1,579 $128,100 $28,000 $100,100
2014 -- $128,100 $28,000 $100,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202121184

Spokane Association of REALTORS®

APN: 13124.2613