NOT LISTED FOR SALE

31 N 3rd St Cheney, WA 99004

Estimated Value: $335,000 - $364,441

3 Beds
3 Baths
2,220 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $286,000 $129 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,157/month

11 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Dining Room
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Community Deck or Porch

About This Home

As of March 2021

Opportunity knocks at this Colonial House with partially finished basement on a Double Lot! Located in the heart of Cheney, this home features Box beam ceilings, Wood floors and a detached 2-car garage. Add your updated finishes to make it your own, or turn it into immediate rental income. All characteristics contribute to the value of this 3 bedroom, 3 bath home. Keep the elbow room, or create a second parcel and sell, if desired.

Last Agent to Sell the Property

Riley Long

RE/MAX Inland Empire License #133798 Listed on: 02/03/2021

Last Buyer's Agent

Jeff Thomas

Amplify Real Estate Services License #116180

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,785

Year Built

  • Built in 1915

Lot Details

  • 0.3 Acre Lot
  • Fenced Front Yard
  • Corner Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Composition Roof
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • EPA Certified Wood Stove
  • Dining Room
  • Built-In Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Internet Available

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 13124.1607

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,785

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: Renter's personal affects
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1915
  • Lvt Date: 02/03/2021
  • Common Interest Community: No
  • Geo Address Line: 31 N 3rd St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 2/3/2021 4:38:19 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2220
  • Price Per Sq Ft: 128.83
  • Bathrooms: 3
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 850
  • First Floor Bathrooms: 0.5
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 520
  • Second Floor Bedrooms: 3
  • Second Floor Bathrooms: 1
  • Basement: Full, Part Fin, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 850
  • Basement: Yes
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Mn Flr Util
  • Design: Colonial
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt
  • Features: Breakers, 200 AMP
  • Fireplace: Wood
  • Kitchen Appliances: Blt in R/O, Refrig, Washer, Dryer
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1
  • Stove: Certified

Exterior Features

  • Exterior: Cedar, Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Off St Prkg
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Wind A/C
  • Power Company: Avista
  • Water Company: Cheney

Condo/Co-op/Association

  • Amenities: Deck, Gas Hot Wtr, Cable Internet

Schools

  • School District: Cheney

Lot Info

  • Acres Mol: 0.3
  • Estimated Lot Sq Ft: 13068
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 107
  • Loc Numberblks N S: 176
  • Lot Information: Fncd Frt Yd, Level, Corner
  • Parcel Number: 13124.1607
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 25, 2021
Sold by
Guske Lowell J and Guske Shelly J
Bought by
Peterson Brad D and Peterson Debra R
Seller's Agent
Riley Long
RE/MAX Inland Empire
Buyer's Agent
Jeff Thomas
Amplify Real Estate Services
List Price
$275,000
Sold Price
$286,000
Premium/Discount to List
$11,000
4%
Current Estimated Value
$348,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,360
Avg. Annual Appreciation
4.39%
Original Mortgage
$271,700
Outstanding Balance
$243,560
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$104,800

Purchase Details

Listed on
Oct 8, 2013
Closed on
Oct 25, 2013
Sold by
The Secretary Of Veterans Affairs
Bought by
Guske Lowell J and Guske Shelly L
Seller's Agent
James Madsen
eXp Realty, LLC Branch
Buyer's Agent
Benji Estrellado
Cheney Realty, Inc.
List Price
$110,000
Sold Price
$115,005
Premium/Discount to List
$5,005
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$86,254
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Veterans Affairs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,254
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Nance Jeremy R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 17, 2007
Sold by
Dye Kristjan L and Dye Gail A
Bought by
Nance Jeremy R and Nance Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.27%
Mortgage Type
VA

Purchase Details

Closed on
Oct 16, 1995
Sold by
Walker Eleanore F and Hartman Joseph T
Bought by
Dye Kristjan L and Dye Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,950
Interest Rate
7.51%
Mortgage Type
VA

Purchase Details

Closed on
Aug 10, 1995
Sold by
Vanhorne Steven J and Vanhorne Kelli D
Bought by
Walker Eleanore F and Hartman Joseph T
Source: Public Records

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
Peterson Brad D $286,000 First American Title Ins Co
Guske Lowell J $115,005 Spokane County Title Co
The Secretary Of Veterans Affairs -- Spokane County Title Co
Wells Fargo Bank Na $123,382 Spokane County Title Co
Nance Jeremy R $194,000 Pacific Nw Title
Dye Kristjan L $122,500 Commonwealth Land Title Ins
Walker Eleanore F $127,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Brad D $271,700
Previous Owner Guske Lowell J $86,254
Previous Owner Nance Jeremy R $194,000
Previous Owner Dye Kristjan L $124,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2021 03/17/21 Sold $286,000 +4.0% $129 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $275,000 0.0% $124 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $275,000 +139.1% $124 / Sq Ft
12/06/2013 12/06/13 Sold $115,005 +4.6% $52 / Sq Ft View Prior Sale
10/29/2013 10/29/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $110,000 -- $50 / 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 $3,785 $354,900 $80,000 $274,900
2024 $3,785 $343,300 $80,000 $263,300
2023 $2,785 $332,300 $80,000 $252,300
2022 $3,022 $332,300 $80,000 $252,300
2021 $2,628 $229,700 $42,000 $187,700
2020 $2,510 $205,600 $40,000 $165,600
2019 $2,058 $177,300 $40,000 $137,300
2018 $2,273 $170,500 $40,000 $130,500
2017 $1,976 $163,700 $40,000 $123,700
2016 $2,012 $160,600 $40,000 $120,600
2015 $1,886 $153,100 $40,000 $113,100
2014 -- $155,700 $40,000 $115,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202111070

Spokane Association of REALTORS®

APN: 13124.1607