NOT LISTED FOR SALE

25000 S Phillips Rd Cheney, WA 99004

Estimated Value: $666,000 - $737,874

4.57 Acres
$151,853 Price per Acre
199,069 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $32,500

Est. 2,035% increase in value since last sale

Current estimated payment $4,133/month

83 Days on Market

Highlights

  • Secluded Lot
  • Landscaped with Trees
  • Level Lot
  • Territorial View
  • Fenced

About This Lot

As of May 2019

Beautiful undeveloped land. Very private, rare smaller 4.57 acre parcel just minutes south of Cheney & EWU, shopping and city conveniences. Property offers trees, flat and sloping areas, sub irrigated meadow. Partially fenced and plenty of wildlife in the area.

Last Agent to Sell the Property

Brad Foien

Cheney Realty, Inc. License #9107 Listed on: 01/31/2019

Last Buyer's Agent

Caylin Novell

Windermere Manito, LLC License #126159

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $351

Lot Details

  • 4.57 Acre Lot
  • Dirt Road
  • Fenced
  • Secluded Lot
  • Level Lot
  • Landscaped with Trees

Property Views

  • Territorial Views

Schools

  • Cheney Middle School
  • Cheney High School

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 12072.9005

Property Details

Property Type

Land

Est. Annual Taxes

$351

Lot Details

4.57 Acres

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Treed, Level, Secluded, Rolling Slope, Fencing
  • Lot Size Acres: 4.57
  • Road Frontage Type: City Street, Paved Road, Gravel, Dirt Road
  • View Type:Pond View: Territorial
  • Co List Office Phone: 509-235-6191
  • MLS Status: Sold
  • Master Plan Zoning: Res
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Utilities

  • Utilities: None
  • Sewer: None
  • Water Source: None

Schools

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

Lot Info

  • Parcel Number: 12072.9005
  • Lot Size Sq Ft: 199069

Tax Info

  • Tax Annual Amount: 351
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Marrazzo Eric and Marrazzo Rachel
Bought by
Marrazzo Eric J and Marrazzo Rachel K
Current Estimated Value
$693,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Outstanding Balance
$354,626
Interest Rate
4.25%
Mortgage Type
Construction
Estimated Equity
$339,343

Purchase Details

Listed on
Jan 31, 2019
Closed on
Apr 15, 2019
Sold by
Woodger Blair C and Birch Nancy J
Bought by
Marrazzo Eric and Marrazzo Rachel
Seller's Agent
Brad Foien
Cheney Realty, Inc.
Buyer's Agent
Caylin Novell
Windermere Manito, LLC
List Price
$40,000
Sold Price
$32,500
Premium/Discount to List
-$7,500
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.94%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Dau Polly J
Bought by
Woodger Blair C
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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Purchase History

Date Buyer Sale Price Title Company
Marrazzo Eric J -- Spokane County Title Co
Marrazzo Eric $32,500 First American Title Ins Co
Woodger Blair C -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrazzo Eric J $400,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $32,500 -18.8% --
04/24/2019 04/24/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $40,000 -- --
Source: Spokane Association of REALTORS®

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 $5,796 $600,340 $46,640 $553,700
2024 $5,796 $595,320 $51,420 $543,900
2023 $4,628 $584,020 $51,420 $532,600
2022 $4,307 $556,020 $51,420 $504,600
2021 $4,074 $368,250 $34,850 $333,400
2020 $356 $28,390 $28,390 $0
2019 $302 $25,390 $25,390 $0
2018 $351 $25,390 $25,390 $0
2017 $295 $23,390 $23,390 $0
2016 $321 $23,390 $23,390 $0
2015 $318 $23,390 $23,390 $0
2014 -- $23,390 $23,390 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201911212

Spokane Association of REALTORS®

APN: 12072.9005

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