NOT LISTED FOR SALE

1613 4th St Unit 1615 4th st Cheney, WA 99004

Estimated Value: $319,854 - $356,000

4 Beds
2 Baths
-- Sq Ft
7,013 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $302,000

Est. 11% increase in value since last sale

Current estimated payment $2,072/month

71 Days on Market

About This Home

As of March 2022

Welcome to your new investment property. fully rented out this gem of a Duplex short distance to EWU, 2 bed 1 bath on each side with new carpet installed 2021. Rents are low with room to raise. Both Units are occupied and lease in place.

Last Agent to Sell the Property

Marcus Fleming

Amplify Real Estate Services License #138017 Listed on: 12/16/2021

Amplify Real Estate Services

Last Buyer's Agent

Mike Helmberger

eXp Realty, LLC License #131103

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1970

Lot Details

  • 7,013

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1.5-Story Property
  • Crawl Space

Schools

  • Cheney Elementary And Middle School
  • Cheney High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Available at Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13124.9803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,449

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1970
  • Style Of Construction: 1-1/2 Story
  • Lvt Date: 12/19/2021
  • Common Interest Community: No
  • Geo Address Line: 1613 4th St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 12/19/2021 6:55:08 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Jr High: Cheney
  • Allow Public Comments: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl
  • Number of Ranges: 2

Exterior Features

  • Exterior: Brick
  • Roof: Comp

Garage/Parking

  • Garage Size: 0

Utilities

  • Heating/Cooling: Basebd, El Wall Unit

Schools

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

Lot Info

  • Parcel Number: 13124.9803
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr, Gas Avail-St

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Mar 24, 2022
Sold by
Sun Liu and Sun Michelle
Bought by
Belden-West Shelby and Belden-West Chandler
Seller's Agent
Marcus Fleming
Amplify Real Estate Services
Buyer's Agent
Mike Helmberger
eXp Realty, LLC
List Price
$290,000
Sold Price
$302,000
Premium/Discount to List
$12,000
4.14%
Current Estimated Value
$336,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,714
Avg. Annual Appreciation
3.11%
Original Mortgage
$296,530
Outstanding Balance
$278,569
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$58,145

Purchase Details

Closed on
Apr 18, 2005
Sold by
Butcher Donald P
Bought by
Liu Yigang and Liu Michelle Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.77%
Mortgage Type
Negative Amortization
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
Belden-West Shelby $302,000 Cw Title
Liu Yigang $105,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belden-West Shelby $296,530
Previous Owner Liu Yigang $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $302,000 +4.1% --
02/25/2022 02/25/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $290,000 0.0% --
01/02/2022 01/02/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $290,000 -- --
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 $3,449 $316,800 $70,000 $246,800
2024 $3,449 $312,800 $75,000 $237,800
2023 $2,243 $274,700 $75,000 $199,700
2022 $2,198 $267,300 $75,000 $192,300
2021 $2,057 $179,600 $31,500 $148,100
2020 $1,985 $162,400 $30,000 $132,400
2019 $1,768 $152,200 $28,000 $124,200
2018 $1,833 $137,400 $28,000 $109,400
2017 $1,586 $131,300 $28,000 $103,300
2016 $1,520 $121,200 $28,000 $93,200
2015 $1,469 $119,100 $28,000 $91,100
2014 -- $119,100 $28,000 $91,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202126051

Spokane Association of REALTORS®

APN: 13124.3803