NOT LISTED FOR SALE

501 K St Cheney, WA 99004

Estimated Value: $474,000 - $553,000

6 Beds
6 Baths
2,560 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $520,000 $203 Per Sq Ft

Current estimated payment $3,127/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Utility Room
  • Property is near public transit
  • Patio
  • 3-minute walk to Sutton Park

About This Home

As of April 2024

Completely remodeled and updated duplex just a block from Eastern Washington University campus. Well maintained and excellent location. With campus on one side and just two blocks from shopping make this a Cheney dream for either owner-occupied income property or easy rental for investor. Units have all been redone top to bottom. Wonderfully rare, each bedroom has a bathroom. Ample parking both designated off street and street. Brand new and ready to go! Also see 511 K St.

Last Agent to Sell the Property

Khalil Beznaiguia

Windermere Manito, LLC License #79117 Listed on: 02/21/2024

Windermere Manito, LLC

Last Buyer's Agent

Dixie Simon

REAL Broker LLC License #136849

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 2016

Lot Details

  • 6,661 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Utility Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Parking

  • 4 Parking Spaces
  • Off-Site Parking

Schools

  • Cheney Middle School
  • Cheney High School

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13133.0412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,282

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Year Built: 2016
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Corner Lot, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Cable TV, Patio, High Speed Internet, See Remarks
  • Co List Office Phone: 509-747-1051
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Utility Room
  • Reso Structure Type: Two Story
  • Special Features: 4098
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Slab
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Ductless
  • NumberOfRanges: 2

Schools

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

Lot Info

  • Parcel Number: 13133.0412
  • Lot Size Sq Ft: 6661
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 2, 2024
Sold by
Ow Investments Llc
Bought by
Siperek Dustin and Siperek Jordan
Seller's Agent
Khalil Beznaiguia
Windermere Manito, LLC
Buyer's Agent
Dixie Simon
REAL Broker LLC
List Price
$524,999
Sold Price
$520,000
Premium/Discount to List
-$4,999
-0.95%
Views
53
Current Estimated Value
$522,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,088
Avg. Annual Appreciation
0.22%
Original Mortgage
$390,000
Outstanding Balance
$384,195
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$137,893

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 28, 2020
Sold by
Lybbert Enoch H and Lybbert Donna M
Bought by
Ow Investments Llc
Seller's Agent
Clinton Sewright
Coldwell Banker Tomlinson
Buyer's Agent
MISC MISC
NON MLS
List Price
$339,500
Sold Price
$325,000
Premium/Discount to List
-$14,500
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Siperek Dustin $520,000 First American Title
Ow Investments Llc $325,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siperek Dustin $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $520,000 -1.0% $203 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $524,999 +61.5% $205 / Sq Ft
07/31/2020 07/31/20 Sold $325,000 -4.3% $127 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $339,500 -- $133 / 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 $5,091 $475,500 $70,000 $405,500
2024 $5,091 $462,200 $75,000 $387,200
2023 $3,282 $361,700 $45,000 $316,700
2022 $3,380 $391,900 $45,000 $346,900
2021 $3,150 $275,600 $21,000 $254,600
2020 $3,055 $250,500 $20,000 $230,500
2019 $2,752 $237,300 $20,000 $217,300
2018 $2,188 $164,100 $20,000 $144,100
2017 $247 $20,000 $20,000 $0
2016 $257 $20,000 $20,000 $0
2015 $252 $20,000 $20,000 $0
2014 -- $20,000 $20,000 $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: 202412000

Spokane Association of REALTORS®

APN: 13133.0412