1621 4th St Unit 1623 Cheney, WA 99004
Estimated Value: $294,351 - $387,000
4
Beds
2
Baths
1,638
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Cooling Available
- Baseboard Heating
- Corner Lot
- Dining Room
- Satellite Dish
About This Home
As of September 2022INVESTMENT OPPORTUNITY! Side by Side duplex on corner lot in Cheney just in time for the 2022 school year for EWU. Both units are 2 bedrooms and 1 bath. Easy maintenance brick building. Rare off street parking. #1623 has new carpet, newer stove, frig and hot water heater. Tenants in #1621 are currently on a month to month lease. Rents are low with room to raise. Located just up the street from Rosa Pizza/Cheney Lanes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,070
Year Built
- Built in 1970
Lot Details
- 6,970 Sq Ft Lot
- Fenced Front Yard
- Corner Lot
Parking
- Off-Street Parking
Home Design
- Duplex
- Ranch Style House
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,638 Sq Ft Home
- Dining Room
- Crawl Space
- Free-Standing Range
Outdoor Features
- Storage Shed
Schools
- Betz Elementary School
- Middle School
- Cheney High School
Utilities
- Cooling Available
- Baseboard Heating
- Satellite Dish
Community Details
- 2 Units
- Water Sewer Expense $372
Listing and Financial Details
- Assessor Parcel Number 13124.3802
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2022
Closed on
Sep 30, 2022
Sold by
Revocable Trust
Bought by
Luo Weibiao and Li Jun
Seller's Agent
Jennifer Randolph
Realty One Group Eclipse
Buyer's Agent
Maria Walker
Windermere Manito, LLC
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Total Days on Market
15
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,338
Avg. Annual Appreciation
7.65%
Purchase Details
Closed on
Feb 5, 2020
Sold by
Edwards Richard A
Bought by
Gainer Clark A and The Darylyne Ruth Hatten Revocable Trust
Purchase Details
Closed on
Mar 19, 2018
Sold by
Edwards Richard A and The Estate Of Judith A Edwards
Bought by
Edwards Richard A and Edwards Living Trust
Purchase Details
Closed on
Sep 30, 2006
Sold by
Edwards Amanda R
Bought by
Edwards Richard A and Edwards Judith A
Purchase Details
Closed on
Jul 10, 2006
Sold by
Edwards Richard A and Edwards Judith A
Bought by
Edwards Richard A and Edwards Judith A
Purchase Details
Closed on
Sep 1, 1999
Sold by
Butcher Donald P
Bought by
Edwards Richard A and Edwards Judith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,380
Interest Rate
7.47%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Cheney, WA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luo Weibiao | -- | First American Title | |
| Gainer Clark A | $265,000 | First American Title Ins Co | |
| Edwards Richard A | -- | None Available | |
| Edwards Richard A | -- | None Available | |
| Edwards Richard A | -- | None Available | |
| Edwards Richard A | $90,500 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luo Weibiao | $237,300 | |
| Previous Owner | Edwards Richard A | $70,380 | |
| Closed | Edwards Richard A | $24,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $275,000 | -5.2% | $168 / Sq Ft |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- |
| 09/10/2022 09/10/22 | For Sale | $290,000 | 0.0% | $177 / Sq Ft |
| 09/04/2022 09/04/22 | Pending | -- | -- | -- |
| 08/31/2022 08/31/22 | For Sale | $290,000 | -- | $177 / 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 | $3,324 | $301,400 | $75,000 | $226,400 |
| 2023 | $3,000 | $265,200 | $75,000 | $190,200 |
| 2022 | $3,070 | $358,100 | $75,000 | $283,100 |
| 2021 | $2,901 | $253,700 | $31,500 | $222,200 |
| 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
-
Jennifer Randolph
Seller's Agent in 2022
Jennifer Randolph
Realty One Group Eclipse
(509) 844-2844
50 Total Sales
-
Maria Walker
Buyer's Agent in 2022
Maria Walker
Windermere Manito, LLC
(509) 747-1051
130 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202221984
APN: 13124.3802
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