NOT LISTED FOR SALE

1708 3rd St Unit 1710 Cheney, WA 99004

Estimated Value: $304,379 - $374,000

4 Beds
2 Baths
1,980 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $290,000 $146 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,263/month

7 Days on Market

Highlights

  • Attached Garage
  • Halls are 32 inches wide or more
  • Heating Available
  • Cooling Available
  • Dining Room
  • 1-Story Property

About This Home

As of September 2021

EWU/Cheney investment opportunity. Well maintained duplex with good rental history . Side by side units are both 990 Sq Ft each, with 2 bedrooms, 1 bathroom, a living room and kitchen plus each unit has separate laundry. Sprinkler system. Close to shopping, bowling, bus route, and restaurants. Landlord pays water bill, tenants responsible for electric, sewer, and garbage. The tenants are scheduled to be out by Aug 31, 2021.

Last Listed By

Brad Foien

Cheney Realty, Inc. License #9107 Listed on: 08/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1967

Lot Details

  • 7,000 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Dining Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • Attached Garage
  • 2 Carport Spaces

Accessible Home Design

  • Halls are 32 inches wide or more

Schools

  • Betz Elementary School
  • CMS Middle School
  • Cheney High School

Utilities

  • Cooling Available
  • Heating Available
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 13124.4409

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $844
  • Water Sewer Expense $480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,370

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Accessibility: Doors 32+, Hallways 32+
  • Class: Rental Income
  • Year Built: 1967
  • Zone: R2
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 08/10/2021
  • Common Interest Community: No
  • Geo Address Line: 1708 3rd St
  • Geo Primary City: Cheney
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/11/2021 4:36:24 AM
  • Geo Zoom Level: 19
  • Sr High: Cheney
  • Jr High: CMS
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1980
  • Price Per Sq Ft: 146.46
  • Number of Stories: 1
  • Basement: Slab
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Fiber Cement
  • Roof: Comp

Garage/Parking

  • Carport Size: 2
  • Garage Parking: Attached, Carport
  • Garage Size: 0
  • Number Carports: 2

Utilities

  • Heating/Cooling: Elec
  • Power Company: Cheney
  • Water Company: Cheney

Schools

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

Lot Info

  • Acres Mol: 0.16
  • Estimated Lot Sq Ft: 7000
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 107
  • Estimated Lot Dimension Depth: 1000
  • Estimated Lot Dimension Front: 70
  • Lot Information: Spr Sys
  • Parcel Number: 13124.4409
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 176

Tax Info

  • Tax Database Id: 1
  • Taxes: 2370
  • Assessor Parcel Number: 13124.4409

Multi Family

  • Number Of Units: 2
  • Number Units A: 1708
  • Number Units B: 1710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 22, 2021
Sold by
Walker Keith and Walker Kathy
Bought by
Mulligan Dominic T
Seller's Agent
Brad Foien
Cheney Realty, Inc.
Buyer's Agent
Dan Hilton
Hilton Real Estate, Inc.
List Price
$290,000
Sold Price
$290,000
Total Days on Market
7
Current Estimated Value
$350,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,845
Avg. Annual Appreciation
5.34%
Original Mortgage
$284,747
Outstanding Balance
$262,464
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$88,381

Purchase Details

Closed on
Feb 8, 2016
Sold by
Walker Keith and Walker Kathy
Bought by
Keith & Kathy Walker Living Trust and Walker Kathy

Purchase Details

Closed on
Mar 26, 2002
Sold by
C & D Properties Llc
Bought by
Walker Keith W and Walker Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.84%

Range of Values:

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Average Value
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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
Mulligan Dominic T $290,000 First American Title Ins Co
Keith & Kathy Walker Living Trust -- None Available
Walker Keith W $86,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulligan Dominic T $284,747
Previous Owner Walker Keith W $102,400
Previous Owner Walker Keith W $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $290,000 0.0% $146 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $290,000 -- $146 / 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 $3,583 $325,000 $75,000 $250,000
2023 $2,558 $285,100 $75,000 $210,100
2022 $2,610 $305,100 $75,000 $230,100
2021 $2,370 $207,100 $31,500 $175,600
2020 $2,292 $187,700 $30,000 $157,700
2019 $2,039 $175,600 $28,000 $147,600
2018 $2,237 $167,800 $28,000 $139,800
2017 $1,932 $160,100 $28,000 $132,100
2016 $1,815 $144,800 $28,000 $116,800
2015 $1,751 $142,100 $28,000 $114,100
2014 -- $142,100 $28,000 $114,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202120320

Spokane Association of REALTORS®

APN: 13124.4409