NOT LISTED FOR SALE

207 W 5th St Cheney, WA 99004

Estimated Value: $326,832 - $507,000

4 Beds
2 Baths
1,976 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $325,000 $164 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,262/month

96 Days on Market

Highlights

  • Baseboard Heating
  • Community Storage Space
  • 3-minute walk to Sutton Park

About This Home

As of October 2024

Spacious 2-bedroom, 1-bath duplex unit just a short 10-minute walk from EWU, local shops, restaurants, and nightlife. This well-located unit features an in-unit washer and dryer, covered parking, a private storage shed, and a fenced yard—offering both comfort and convenience in a prime location.

Last Agent to Sell the Property

Ryan Towner

LT Real Estate License #24027253 Listed on: 06/13/2024

Co-Listed By

Dallas Lightner

LT Real Estate License #26840

Last Buyer's Agent

Dallas Lightner

LT Real Estate License #26840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1967

Lot Details

  • 8,265 Sq Ft Lot

Home Design

  • Duplex
  • Hardboard

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Basement with some natural light

Parking

  • 2 Carport Spaces
  • Alley Access
  • Off-Site Parking

Schools

  • Cheney Middle School
  • Cheney High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 13133.1711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,300

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Storage
  • Co List Office Mls Id: SAR1400
  • Co List Office Phone: 509-481-0373
  • Co List Office Phone: 509-481-0373
  • MLS Status: Sold
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Parking Features: Carport, Off Site, Alley Access

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 2

Schools

  • Elementary School: Salnave
  • High School: Cheney
  • Middle Or Junior School: Cheney

Lot Info

  • Parcel Number: 13133.1711
  • Lot Size Sq Ft: 8265

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Oct 31, 2024
Sold by
Helm Roger Jon
Bought by
Cathcart Tierney L
Seller's Agent
Ryan Towner
LT Real Estate
Buyer's Agent
Dallas Lightner
LT Real Estate
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%
Views
36
Current Estimated Value
$377,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,458
Avg. Annual Appreciation
14.86%
Original Mortgage
$319,113
Outstanding Balance
$315,918
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$61,540

Purchase Details

Closed on
Nov 26, 2018
Sold by
Helm Roger Jon
Bought by
Helm Roger Jon

Purchase Details

Closed on
May 31, 2002
Sold by
Gering Virgil Earl and Gering Judith D
Bought by
Helm Donald J and Helm Ethel B

Purchase Details

Closed on
Oct 18, 2001
Sold by
Gering Martin L
Bought by
Gering Martin L and Betty L Gering Residuary Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cathcart Tierney L $325,000 First American Title
Helm Roger Jon -- None Available
Helm Donald J -- First American Title Ins
Gering Martin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathcart Tierney L $319,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Off Market $1,300 -- --
04/29/2025 04/29/25 For Rent $1,300 0.0% --
10/31/2024 10/31/24 Sold $325,000 -1.5% $164 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $330,000 0.0% $167 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $330,000 -- $167 / 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 $3,300 $309,800 $70,000 $239,800
2024 $3,300 $299,200 $75,000 $224,200
2023 $2,362 $263,900 $75,000 $188,900
2022 $2,329 $281,600 $75,000 $206,600
2021 $2,190 $191,300 $31,500 $159,800
2020 $2,115 $173,100 $30,000 $143,100
2019 $1,824 $157,100 $28,000 $129,100
2018 $2,012 $150,900 $28,000 $122,900
2017 $1,741 $144,200 $28,000 $116,200
2016 $1,682 $134,200 $28,000 $106,200
2015 $1,627 $132,000 $28,000 $104,000
2014 -- $132,000 $28,000 $104,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202418048

Spokane Association of REALTORS®

APN: 13133.1711