NOT LISTED FOR SALE

1521 4th St Cheney, WA 99004

Estimated Value: $311,000 - $339,000

4 Beds
2 Baths
1,638 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $270,000 $165 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,998/month

11 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • Level Lot
  • Shed
  • Utility Room
  • Community Storage Space

About This Home

As of September 2021

Great Rental Investment Opportunity! Wonderful duplex in a desirable Cheney neighborhood near EWU. Two spacious well maintained units that features 2 bed 1 bath, and off street parking. Newly built porches on each as well.

Last Agent to Sell the Property

Emily Cowart

LT Real Estate License #124481 Listed on: 07/09/2021

Last Buyer's Agent

Chelsea McFarland

Prime Real Estate Group License #124056

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 1970

Lot Details

  • 7,000 Sq Ft Lot
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • City Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Schools

  • Cheney Middle School
  • Cheney High School

Additional Features

  • Shed
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 13124.3210

Community Details

Overview

  • 2 Units
  • Cheney Calloways Add To Callaways Add To The Town Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,997

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: Storage
  • Co List Office Phone: 509-315-8720
  • MLS Status: Sold
  • Subdivision Name: CHENEY CALLOWAYS ADD TO CALLAWAYS ADD TO THE TOWN
  • Architectural Style: Rancher
  • Reso Interior Features: Utility Room
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave
  • Basement YN: No
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Brick
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 2

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • Elementary School: Betz
  • High School: Cheney
  • Middle Or Junior School: Cheney

Lot Info

  • Parcel Number: 13124.3210
  • Lot Size Sq Ft: 7000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 8, 2021
Sold by
1521 4Th Street Llc
Bought by
Waggoner James Byron and Waggoner Angela Marie
Seller's Agent
Emily Cowart
LT Real Estate
Buyer's Agent
Chelsea McFarland
Prime Real Estate Group
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$323,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,558
Avg. Annual Appreciation
4.50%
Original Mortgage
$202,500
Outstanding Balance
$184,260
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$139,298

Purchase Details

Closed on
Jul 23, 2018
Sold by
Jarvis John R and Bowen Kevin J
Bought by
1521 4Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2018
Sold by
Miller Russel L and Miller Julie K
Bought by
Bowen Kevin J and Jarvis John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2018
Sold by
Jarvis Lyndsey and Jarvis John R
Bought by
Jarvis John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2006
Sold by
Butcher Donald P
Bought by
Miller Russel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Waggoner James Byron $270,000 Vista Title & Escrow Llc
1521 4Th Street Llc -- None Available
Bowen Kevin J $155,000 Vista Title And Escrow Llc
Jarvis John R -- Vista Titel And Escrwo Llc
Miller Russel L $110,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waggoner James Byron $202,500
Previous Owner Jarvis John R $116,250
Previous Owner Miller Russel L $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $270,000 -1.8% $165 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $275,000 -- $168 / 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
2025 $3,393 $308,700 $70,000 $238,700
2024 $3,393 $307,700 $75,000 $232,700
2023 $2,425 $270,500 $75,000 $195,500
2022 $2,135 $289,100 $75,000 $214,100
2021 $1,997 $174,300 $31,500 $142,800
2020 $1,934 $158,200 $30,000 $128,200
2019 $1,720 $148,100 $28,000 $120,100
2018 $1,756 $131,600 $28,000 $103,600
2017 $1,521 $125,900 $28,000 $97,900
2016 $1,405 $112,000 $28,000 $84,000
2015 $1,357 $110,000 $28,000 $82,000
2014 -- $110,000 $28,000 $82,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202118574

Spokane Association of REALTORS®

APN: 13124.3210