NOT LISTED FOR SALE

22022 W Watt Rd Cheney, WA 99004

Estimated Value: $465,000 - $488,000

43.8 Acres
$10,879 Price per Acre
1,907,928 Sq Ft Lot

Last Sold June 22, 2021

Last sale price $385,000

Est. 24% increase in value since last sale

Current estimated payment $2,707/month

67 Days on Market

Highlights

  • Horses Allowed On Property
  • Secluded Lot
  • Landscaped with Trees
  • 43.8 Acre Lot
  • Views
  • Cross Fenced

About This Lot

As of June 2021

Welcome to serene beauty of 43.80 acres nestled between Cheney and Tyler! This property is ready for your new home. Driveway approach is permitted and inspected. Underground power is permitted and inspected. Fabulous water is drilled at 240ft. pushing out 50 gallons per minute. (No pump is installed) Perc test has been done and approved. Cross fenced for animals and to show property lines. Abundant wildlife is often seen roaming the property. Many different kinds of trees on site offer shade, firewood, and tree houses. At $9,000 an acre on improved soil ready to build, you will not find a better homestead!

Last Agent to Sell the Property

Lenae Thornton

Keller Williams Spokane - Main License #27451 Listed on: 03/01/2021

Keller Williams Spokane - Main

Last Buyer's Agent

Katie Sonsalla

Windermere Valley License #127731

Windermere Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,878

Lot Details

  • 43.8 Acre Lot
  • Cross Fenced
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Landscaped with Trees
  • 02021.9022

Schools

  • Cheney Middle School
  • Cheney High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • Perc Test On File For Septic Tank

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 02021.9019

Property Details

Property Type

Land

Est. Annual Taxes

$1,878

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views, Cross Fncd, Treed, Level, Secluded, Open Lot, Horses Allowed
  • Lot Size Acres: 43.8
  • Road Frontage Type: City Street, Paved Road, Gravel
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • HighSpeedInternet: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Underground Utilities
  • Sewer: Appr Perc Tst
  • Water Source: Well

Schools

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

Lot Info

  • Parcel Number: 02021.9019
  • Lot Size Sq Ft: 1907928
  • Additional Parcels Description: 02021.9022
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 1878

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 9, 2021
Sold by
Oswald Samantha A and Oswald Andrew M
Bought by
Peterman Kevin L and Peterman Sheri A
Seller's Agent
Lenae Thornton
Keller Williams Spokane - Main
Buyer's Agent
Katie Sonsalla
Windermere Valley
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$476,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,500
Avg. Annual Appreciation
5.07%
Original Mortgage
$308,000
Outstanding Balance
$49,091
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$427,409

Purchase Details

Closed on
Nov 13, 2019
Sold by
Robinson Joshua D and Robinson Shawna N
Bought by
Oswald Samantha A and Oswald Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jan 29, 2019
Sold by
Marsh Kenneth W
Bought by
Robinson Joshua D and Robinson Shawna N
Seller's Agent
Brynn Rea
Redfin
Buyer's Agent
Shawn Ellis
Windermere North
List Price
$72,500
Sold Price
$62,000
Premium/Discount to List
-$10,500
-14.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.70%

Purchase Details

Closed on
Jul 8, 2015
Sold by
Hardie Mark L and Hardie Shirley L
Bought by
Marsh Kenneth W and Marsh Eveline L

Purchase Details

Closed on
Jul 7, 2015
Sold by
Hardi Mark L and Hardie Shirley L
Bought by
Marsh Kenneth W and Mash Eveline I
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
Peterman Kevin L $385,000 Nextitle
Oswald Samantha A $92,000 Ticor Title Co
Robinson Joshua D $61,719 Ticor Title Co
Marsh Kenneth W -- None Available
Marsh Kenneth W $45,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterman Kevin L $308,000
Previous Owner Oswald Samantha A $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $385,000 -2.5% --
05/07/2021 05/07/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $395,000 +537.1% --
02/06/2019 02/06/19 Sold $62,000 -14.5% -- View Prior Sale
08/10/2018 08/10/18 For Sale $72,500 -- --
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 $2,164 $212,760 $212,760 --
2024 $2,164 $219,660 $219,660 --
2023 $1,287 $219,660 $219,660 $0
2022 $1,221 $151,170 $151,170 $0
2021 $989 $87,150 $87,150 $0
2020 $732 $61,000 $61,000 $0
2019 $61 $67,780 $67,780 $0
2018 $68 $67,780 $67,780 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202111990

Spokane Association of REALTORS®

APN: 02021.9019