NOT LISTED FOR SALE

1806 3rd St Cheney, WA 99004

Estimated Value: $332,000 - $353,000

4 Beds
2 Baths
1,980 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $275,000 $139 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,110/month

9 Days on Market

Highlights

  • 838 Car Attached Garage
  • High Speed Internet
  • Heating Available
  • Halls are 32 inches wide or more
  • Level Lot
  • 4-minute walk to Centennial Park

About This Home

As of June 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.

Last Agent to Sell the Property

Brad Foien

Cheney Realty, Inc. License #9107 Listed on: 04/20/2021

Last Buyer's Agent

Samuel Carrigan

REAL Broker LLC License #140268

REAL Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,297

Year Built

  • Built in 1968

Lot Details

  • 7,000 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Kitchen

  • Free-Standing Range
  • Dishwasher

Parking

  • 838 Car Attached Garage
  • 2 Carport Spaces

Accessible Home Design

  • Halls are 32 inches wide or more
  • Doors are 32 inches wide or more

Schools

  • CMS Middle School
  • Cheney High School

Utilities

  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 13124.5108

Community Details

Overview

  • 2 Units
  • Cheney Callaways Subdivision

Building Details

  • Water Sewer Expense $480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,297

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Level
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Phone: 509-235-6191
  • MLS Status: Sold
  • Subdivision Name: Cheney Callaways
  • Reso Accessibility Features: Door Width 32 Inches or More, Hallways 32+
  • Architectural Style: Rancher
  • Reso Interior Features: Windows Vinyl
  • Reso Structure Type: Duplex
  • Master Plan Zoning: R2
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Fiber Cement

Garage/Parking

  • Parking Features: Attached, Carport
  • Total Parking Spaces: 838

Utilities

  • Heating: Electric
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 480

Schools

  • Elementary School: Betz
  • High School: Cheney
  • Middle Or Junior School: CMS

Lot Info

  • Parcel Number: 13124.5108
  • Lot Size Sq Ft: 7000
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2297
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 2, 2021
Sold by
Walker Keith and Walker Kathy
Bought by
Carrigan Samuel
Seller's Agent
Brad Foien
Cheney Realty, Inc.
Buyer's Agent
Samuel Carrigan
REAL Broker LLC
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Current Estimated Value
$339,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,138
Avg. Annual Appreciation
4.95%
Original Mortgage
$275,000
Outstanding Balance
$248,978
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,160

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
Apr 8, 2005
Sold by
Mutch Robert M and Mutch Candee L
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
$94,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Carrigan Samuel $275,000 First American Title Ins Co
Keith & Kathy Walker Living Trust -- None Available
Walker Keith W $105,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrigan Samuel $275,000
Previous Owner Walker Keith W $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $275,000 -1.8% $139 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $280,000 -- $141 / 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
2025 $3,747 $341,900 $70,000 $271,900
2024 $3,747 $339,900 $75,000 $264,900
2023 $2,672 $297,600 $75,000 $222,600
2022 $2,446 $318,700 $75,000 $243,700
2021 $2,297 $200,700 $31,500 $169,200
2020 $2,222 $181,900 $30,000 $151,900
2019 $1,975 $170,100 $28,000 $142,100
2018 $2,073 $155,500 $28,000 $127,500
2017 $1,792 $148,400 $28,000 $120,400
2016 $1,647 $131,400 $28,000 $103,400
2015 $1,590 $129,000 $28,000 $101,000
2014 -- $129,000 $28,000 $101,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202114287

Spokane Association of REALTORS®

APN: 13124.5108