1605 3rd St Cheney, WA 99004
Estimated Value: $325,351 - $363,000
4
Beds
2
Baths
1,693
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Baseboard Heating
- High Speed Internet
About This Home
As of February 2021Well maintained and managed duplex, close to EWU, Betz Elementary, Cheney Middle School, and Cheney High School. Each unit features 2 bedrooms, 1 bath, free standing range, refrigerator, and pantry in both units. New carpet and vinyl in upper unit. Off street parking. Rents are currently under market value, Unit 1 - is being left empty for new owner, Unit 2 - $565/month. Great opportunity to own an investment property in a growing market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,791
Year Built
- Built in 1970
Lot Details
- 8,100 Sq Ft Lot
Home Design
- Contemporary Architecture
- Siding
Interior Spaces
- 1,693 Sq Ft Home
- Basement Fills Entire Space Under The House
- Free-Standing Range
Parking
- 4 Parking Spaces
- Off-Site Parking
Schools
- Cheney Middle School
- Cheney High School
Utilities
- Baseboard Heating
- High Speed Internet
Community Details
- 2 Units
- Water Sewer Expense $960
Listing and Financial Details
- Assessor Parcel Number 13124.3915
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2021
Sold by
Christian Darla Kay and Estate Of Jeremy Michael Chris
Bought by
Right Shania Annette Wright and Wright Michael Timothy
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Outstanding Balance
$152,622
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$196,716
Purchase Details
Listed on
Jan 6, 2021
Closed on
Feb 9, 2021
Sold by
Montecucco Management Inc
Bought by
Christian Jeremy M
Seller's Agent
Brad Foien
Cheney Realty, Inc.
Buyer's Agent
Brad Foien
Cheney Realty, Inc.
List Price
$235,000
Sold Price
$210,000
Premium/Discount to List
-$25,000
-10.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$200,000
Interest Rate
2.6%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 31, 2000
Sold by
Kessler Thomas E and Kessler Colleen
Bought by
Montecucco Management Inc
Purchase Details
Closed on
Sep 14, 1998
Sold by
Hood Edwin L and Hood Edwin L
Bought by
Kessler Colleen
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Similar Homes in Cheney, WA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Right Shania Annette Wright | $309,500 | Cw Title And Escrow | |
| Christian Jeremy M | $210,000 | First American Title | |
| Montecucco Management Inc | -- | First American Title Ins | |
| Kessler Colleen | -- | -- | |
| Hood Edwin L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Right Shania Annette Wright | $164,500 | |
| Previous Owner | Christian Jeremy M | $200,000 | |
| Previous Owner | Montecucco Management Inc | $274,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2021 02/10/21 | Sold | $210,000 | -10.6% | $124 / Sq Ft |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/06/2021 01/06/21 | For Sale | $235,000 | -- | $139 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 | $3,328 | $301,800 | $75,000 | $226,800 |
| 2023 | $2,379 | $265,500 | $75,000 | $190,500 |
| 2022 | $2,217 | $283,700 | $75,000 | $208,700 |
| 2021 | $1,840 | $160,500 | $31,500 | $129,000 |
| 2020 | $1,791 | $146,400 | $30,000 | $116,400 |
| 2019 | $1,541 | $132,600 | $28,000 | $104,600 |
| 2018 | $1,696 | $127,100 | $28,000 | $99,100 |
| 2017 | $1,469 | $121,600 | $28,000 | $93,600 |
| 2016 | $1,450 | $115,600 | $28,000 | $87,600 |
| 2015 | $1,401 | $113,600 | $28,000 | $85,600 |
| 2014 | -- | $113,600 | $28,000 | $85,600 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Foien
B
Seller's Agent in 2021
Brad Foien
Cheney Realty, Inc.
(509) 599-1917
48 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202110170
APN: 13124.3915
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