NOT LISTED FOR SALE

511 K St Cheney, WA 99004

7 Beds
5 Baths
3,856 Sq Ft
0.25 Acres

Last Sold October 10, 2023

Last sale price $489,000 $127 Per Sq Ft

26 Days on Market

Highlights

  • RV Access or Parking
  • Workshop
  • 1 Car Attached Garage
  • Ranch Style House
  • Formal Dining Room
  • 2-minute walk to Sutton Park

About This Home

As of October 2023

Wonderful investment property totally updated and fully leased at market rates. Clean and easy maintenance triplex ready for new owner. Great rental history and just a block from campus and shopping. Bright and versatile floor plan with room to expand on third unit. Great income generating property. Also see 501 K St.

Last Agent to Sell the Property

Khalil Beznaiguia

Windermere Manito, LLC License #79117 Listed on: 08/17/2023

Windermere Manito, LLC

Last Buyer's Agent

Ross Hamilton

Redfin License #20111868

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1947

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Hillside Location

Home Design

  • Duplex
  • Ranch Style House
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • 3,856 Sq Ft Home
  • Fireplace Features Masonry
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Microwave
  • Dishwasher

Partially Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Basement with some natural light

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Storage Shed

Schools

  • Cheney Middle School
  • Cheney High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13133.0411

Community Details

Overview

  • 3 Units

Amenities

  • Building Patio
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,645

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1947
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 08/17/2023
  • Common Interest Community: No
  • Geo Address Line: 511 K St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 8/17/2023 10:42:11 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Year Renovated: 2022
  • Jr High: Cheney
  • Allow Public Comments: No
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 3856
  • Price Per Sq Ft: 126.82
  • Basement: Partial, Finished, Daylight, Outside Entr, Workshop
  • Special Features: Mn Flr Util
  • Design: Rancher
  • Dining Room: Formal, Informal, Kit Eat Sp
  • Family/Recreation Room: Bsmt, 1st Flr
  • Fireplace: Masonry
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Microwave
  • Primary Bedroom: Full Bath, 1st Flr

Exterior Features

  • Exterior: Wood
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Under Hse, RV Parking, Off St Prkg
  • Garage Size: 1

Utilities

  • Heating/Cooling: Gas, Forced Air

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Cable Internet

Schools

  • School District: Cheney

Lot Info

  • Acres Mol: 0.25
  • Estimated Lot Sq Ft: 10052
  • Lot Information: Level, Hillside
  • Parcel Number: 13133.0411
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 3645

Multi Family

  • Number Of Units: 3
  • Number Units A: 1
  • Number Units B: 1
  • Number Units C: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2023 10/10/23 Sold $489,000 -0.2% $127 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $489,999 +55.6% $127 / Sq Ft
07/31/2020 07/31/20 Sold $315,000 -5.8% $106 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $334,500 -- $112 / 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 $5,142 $443,400 $75,000 $368,400
2024 $5,142 $466,870 $110,570 $356,300
2023 $3,645 $404,000 $75,000 $329,000
2022 $3,667 $435,300 $75,000 $360,300
2021 $2,623 $229,300 $31,500 $197,800
2020 $2,436 $199,500 $30,000 $169,500
2019 $2,138 $184,200 $28,000 $156,200
2018 $2,346 $176,000 $28,000 $148,000
2017 $2,026 $167,900 $28,000 $139,900
2016 $1,958 $156,300 $28,000 $128,300
2015 $1,888 $153,300 $28,000 $125,300
2014 -- $153,300 $28,000 $125,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202320550

Spokane Association of REALTORS®

APN: 13133.0411