NOT LISTED FOR SALE

1702 3rd St Cheney, WA 99004

Estimated Value: $353,601 - $413,000

4 Beds
4 Baths
2,520 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $320,000 $127 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,475/month

6 Days on Market

About This Home

As of July 2021

Live in one side and rent out the other. A stone's throw to many restaurants, groceries, shopping, and the bus stop, and a short distance to Eastern Washington University. Rent is $750 on the occupied side and can be higher (approx $1000) on the vacant side. Large two story townhouse units with 2 bedrooms, 1.5 bathrooms each, corner lot, wall AC units, newer windows, roof replaced 2014, new flooring and fresh paint in the vacant unit, carports with storage, lots of room, sliders to patio areas. Excellent rental history. Full financials are attached, nothing more is available. Pending before listed but make a back-up offer.

Last Listed By

Deepak Malhotra

Cheney Realty, Inc. License #49942 Listed on: 06/24/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1967

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13124.4408

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,856

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-235-6191
  • MLS Status: Sold
  • Architectural Style: Contemporary, Townhouse
  • Master Plan Zoning: R-2
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Slab, None
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: No
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Construction Type: Siding

Garage/Parking

  • Parking Features: Carport, Off Site
  • Total Parking Spaces: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 13124.4408
  • Lot Size Sq Ft: 7000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1856.29
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 15, 2021
Sold by
Solomon Tina M
Bought by
Solomon John A T
Seller's Agent
Deepak Malhotra
Cheney Realty, Inc.
Buyer's Agent
Benji Estrellado
Cheney Realty, Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Total Days on Market
6
Current Estimated Value
$381,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,400
Avg. Annual Appreciation
4.65%
Original Mortgage
$236,250
Outstanding Balance
$216,670
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$164,730

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 14, 2021
Sold by
Natal Giraffe Llc
Bought by
Solomon John T
Seller's Agent
Deepak Malhotra
Cheney Realty, Inc.
Buyer's Agent
Benji Estrellado
Cheney Realty, Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Outstanding Balance
$216,670
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$164,730

Purchase Details

Closed on
Oct 18, 2016
Sold by
Malhotra Deepak
Bought by
Natal Giraffe Llc

Purchase Details

Closed on
Jan 25, 2011
Sold by
Murphy Malhotra Veronica
Bought by
Malhotra Deepak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2002
Sold by
C & D Properties Llc
Bought by
Soleil Showerhead Llc

Purchase Details

Closed on
Oct 31, 2000
Sold by
Miller Charles A and Dianne Miller M
Bought by
C & D Properties Llc

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
Solomon John A T -- First American Title Ins Co
Solomon John T $320,000 First American Title
Natal Giraffe Llc -- None Available
Malhotra Deepak -- Pacific Northwest Title
Malhotra Deepak -- Pacific Northwest Title
Soleil Showerhead Llc $88,300 Spokane County Title Co
C & D Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon John T $236,250
Previous Owner Malhotra Deepak $61,000
Previous Owner Soleil Showerhead Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $320,000 0.0% $127 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/24/2021 06/24/21 Off Market $320,000 -- --
06/24/2021 06/24/21 For Sale $325,000 -- $129 / 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 $4,089 $371,000 $75,000 $296,000
2023 $2,910 $323,600 $75,000 $248,600
2022 $2,502 $347,300 $75,000 $272,300
2021 $2,352 $205,500 $31,500 $174,000
2020 $2,309 $189,100 $30,000 $159,100
2019 $2,033 $175,100 $28,000 $147,100
2018 $2,232 $167,400 $28,000 $139,400
2017 $1,926 $159,600 $28,000 $131,600
2016 $1,810 $144,400 $28,000 $116,400
2015 $1,746 $141,700 $28,000 $113,700
2014 -- $141,700 $28,000 $113,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202117742

Spokane Association of REALTORS®

APN: 13124.4408