NOT LISTED FOR SALE

426 Leinum Ct Unit 428 Leinum Cheney, WA 99004

Estimated Value: $446,000 - $504,000

5 Beds
2 Baths
2,500 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $435,000 $174 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,984/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Great Room
  • Oversized Lot
  • Territorial View
  • Community Pool
  • Cul-De-Sac

About This Home

As of January 2022

Huge potential in this Cheney rental now available to all those investors out there! 2 units, plus a third non-conforming office/studio space. Lots of updates & remodeling in the past 5 years. Upstairs unit has a fabulous kitchen with an overhead hood & country farm sink. Stainless steel appliances, high quality wood cabinets & upper end finishes. Tiled floors for easy maintenance, gas forced air furnace, 3 beds & 1 full bath! The downstairs unit is tastefully done with tiled floors, 3 beds (one nonconforming), 1 bath & living room area. The bonus is garage that has been transformed into a working studio! All this on a cul-de-sac & close to EWU!

Last Agent to Sell the Property

Marie Pence

Windermere North License #99810 Listed on: 11/24/2021

Last Buyer's Agent

Kristi Kerkuta

REAL Broker LLC License #95892

REAL Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Oversized Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room
  • Territorial Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Car Garage
  • 1 Carport Space

Schools

  • Betz Elementary School
  • Cheney Middle School
  • Cheney High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 13144.4224

Community Details

Overview

  • 2 Units

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,605

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1977
  • Style Of Construction: 1 Story
  • Lvt Date: 11/24/2021
  • Common Interest Community: No
  • Geo Address Line: 426 Leinum Ct
  • Geo Primary City: Cheney
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/24/2021 7:09:53 PM
  • Geo Zoom Level: 16
  • Sr High: Cheney
  • Year Renovated: 2017
  • Jr High: Cheney
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2500
  • Price Per Sq Ft: 174
  • Number of Stories: 1
  • Basement: Full, Finished, Daylight, Fam/Rec Rm, Lndry, Outside Entr
  • Special Features: Vinyl Wn Fr, Multi Pn Wn
  • Design: Contemp
  • Dining Room: Eat Bar, Informal, Kit Eat Sp
  • Family/Recreation Room: Outside Ent, Great room, 1st Flr, Off Kit
  • Features: 200 AMP, Breakers
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Microwave, Kit Island
  • Primary Bedroom: 1st Flr

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Carport Size: 1
  • Garage Parking: Carport
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Elec, Forced Air, El Wall Unit
  • Power Company: Avista
  • Water Company: CityofChen

Condo/Co-op/Association

  • Amenities: Pool-In Gr, Deck, Patio

Schools

  • School District: Cheney
  • Elementary School: Betz
  • Middle School: Cheney
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Betz

Lot Info

  • Acres Mol: 0.25
  • Estimated Lot Sq Ft: 11058
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Culdesac, Oversized, Fenced
  • Lot View: Territorial
  • Parcel Number: 13144.4224
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 3605
  • Assessor Parcel Number: 13144.4224

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Antonio John Matthew R
Bought by
Jomaraan Rentals Llc
Current Estimated Value
$463,469

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 12, 2022
Sold by
Langeberg Heath F
Bought by
Antonio John Matthew R
Seller's Agent
Marie Pence
Windermere North
Buyer's Agent
Kristi Kerkuta
REAL Broker LLC
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$427,121
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2018
Sold by
Chapman Lisa D Lisa D
Bought by
Landeberg Heath F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2018
Sold by
G And L Investments Llc
Bought by
Landeberg Heath F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2017
Sold by
Mahar Jennifer Cavell and Mahar Theresa Cavell
Bought by
G & L Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
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
Jomaraan Rentals Llc -- --
Antonio John Matthew R $435,000 First American Title
Landeberg Heath F -- Spokane County Title
Landeberg Heath F $285,000 Spokane County Title Co
G & L Investments Llc $160,000 Inland Professional Title Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antonio John Matthew R $427,121
Previous Owner Langeberg Heath F $279,968
Previous Owner Landeberg Heath F $279,837
Previous Owner Landeberg Heath F $279,837
Previous Owner G & L Investments Llc $145,000
Previous Owner Mahar Theresa C $135,000
Previous Owner Mahar Theresa C $132,000
Previous Owner Mahar Theresa C $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $435,000 +2.4% $174 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $425,000 -- $170 / 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
2024 $4,824 $437,900 $75,000 $362,900
2023 $3,677 $451,800 $75,000 $376,800
2022 $3,721 $439,200 $75,000 $364,200
2021 $3,605 $315,500 $31,500 $284,000
2020 $3,584 $294,000 $30,000 $264,000
2019 $3,148 $271,500 $26,000 $245,500
2018 $2,600 $195,100 $26,000 $169,100
2017 $2,246 $186,200 $26,000 $160,200
2016 $1,978 $157,900 $26,000 $131,900
2015 $1,883 $152,900 $26,000 $126,900
2014 -- $153,800 $26,000 $127,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202125402

Spokane Association of REALTORS®

APN: 13144.4224