NOT LISTED FOR SALE

1622 4th St Cheney, WA 99004

Estimated Value: $399,707 - $460,000

8 Beds
4 Baths
3,070 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $300,000 $98 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,845/month

85 Days on Market

About This Home

As of August 2020

Incredible location in Cheney near EWU. These units have been well maintained with a great rental history. Each unity has 4 bedrooms and 2 bathrooms. Corner lot with off street parking, near bus routes and stores.

Last Listed By

Gregg Patterson

Amplify Real Estate Services License #27328 Listed on: 04/01/2020

Amplify Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1960

Lot Details

  • 9,017

Parking

  • Off-Site Parking

Home Design

  • Siding
  • Metal Construction or Metal Frame

Interior Spaces

  • 3,070 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • Water Sewer Expense $350

Listing and Financial Details

  • Assessor Parcel Number 13124.3709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,696

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub-Type: Rental
  • Road Frontage Type: City Street
  • Co List Office Phone: 888-302-5550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1998

Interior Features

  • Basement: Full, Finished, Daylight, Rec/Family Area, Laundry, Walk-Out Access, See Remarks
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Metal, Siding

Garage/Parking

  • Parking Features: Slab/Strip, Off Site

Utilities

  • Heating: Baseboard
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 350

Lot Info

  • Parcel Number: 13124.3709

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 5, 2020
Sold by
Catlow Properties Llc
Bought by
Ryan Paul Christopher and Ryan Laura Hersey
Seller's Agent
Gregg Patterson
Amplify Real Estate Services
Buyer's Agent
Dave Reynolds
Source Real Estate
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Total Days on Market
85
Current Estimated Value
$438,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,427
Avg. Annual Appreciation
8.21%
Original Mortgage
$225,000
Outstanding Balance
$201,822
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$236,605

Purchase Details

Closed on
Dec 3, 2001
Sold by
Catlow Craig L and Catlow Sharon K
Bought by
Catlow Properties Llc

Purchase Details

Closed on
Nov 19, 2001
Sold by
Catlow Properties Llc
Bought by
Catlow Craig L and Catlow Sharon K

Purchase Details

Closed on
Apr 30, 1999
Sold by
Green Donald R and Green Joyce E
Bought by
Catlow Craig L and Catlow Sharon K

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
Ryan Paul Christopher $300,000 First American Title Ins Co
Catlow Properties Llc -- First American Title Ins
Catlow Craig L -- First American Title Ins
Catlow Craig L $27,500 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Paul Christopher $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $300,000 0.0% $98 / Sq Ft
04/13/2020 04/13/20 Off Market $300,000 -- --
04/01/2020 04/01/20 For Sale $324,900 -- $106 / 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 $4,696 $426,200 $75,000 $351,200
2023 $3,334 $370,000 $75,000 $295,000
2022 $3,368 $398,100 $75,000 $323,100
2021 $3,092 $270,500 $31,500 $239,000
2020 $2,993 $245,400 $30,000 $215,400
2019 $2,568 $221,400 $28,000 $193,400
2018 $2,868 $215,300 $28,000 $187,300
2017 $2,471 $204,900 $28,000 $176,900
2016 $2,424 $193,600 $28,000 $165,600
2015 $2,336 $189,800 $28,000 $161,800
2014 -- $191,500 $28,000 $163,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202013800

Spokane Association of REALTORS®

APN: 13124.3709