NOT LISTED FOR SALE

5610 W Depot Springs Rd Cheney, WA 99004

Estimated Value: $548,388 - $689,000

3 Beds
1 Bath
2,080 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $740,000 $356 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,664/month

168 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • 312.79 Acre Lot
  • Barn
  • Home fronts a pond
  • Wood Burning Stove

About This Home

As of December 2019

312 acre FARM! Rare chance to own over 300 acres of absolutely gorgeous ranch land with an old farmhouse built in the late 1800's. The 3bd, 1 ba home comes with a barn and several out buildings and is only a 15-20 minute drive to Spokane. Located on 4 parcels, this land is filled with ponderosa pine trees, rocky bluffs, ponds and wildlife galore.

Last Agent to Sell the Property

Dan Hilton

Hilton Real Estate, Inc. License #110611 Listed on: 05/06/2019

Last Buyer's Agent

Mindy Jo Lyons

American R.E. Associates, Inc License #22019979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 1893

Lot Details

  • 312.79 Acre Lot
  • Home fronts a pond
  • Fenced
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Parking

  • Off-Street Parking

Property Views

  • Water
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Unfinished Basement
  • Exterior Basement Entry
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Seasonal Pond
  • Storage Shed
  • Shop

Utilities

  • Cooling Available
  • Baseboard Heating
  • Well
  • Septic System

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 23223.9041

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,471

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Gravel
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1893
  • Lvt Date: 05/06/2019
  • Common Interest Community: No
  • Geo Address Line: 5610 W Depot Springs Rd
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/24/2019 9:53:38 PM
  • Geo Zoom Level: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number of Stories: 2
  • Bathrooms: 1
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1040
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 264
  • Second Floor Bedrooms: 2
  • Basement: Unfinished, Outside Entr
  • Basement: Yes
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Number of Fireplaces: 1
  • Stove: Wood Burn

Exterior Features

  • Exterior: Wood
  • Out Buildings: Shop, Barn, Stge Shd
  • Roof: Comp
  • Waterfront Property: Pond, Seas Pond

Garage/Parking

  • Garage Parking: Off St Prkg
  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec, Basebd

Schools

  • School District: Cheney
  • School District: Cheney

Lot Info

  • Acres Mol: 312.79
  • Estimated Lot Sq Ft: 13625132
  • Loc Numberblk E W: 1
  • Loc Numberblks N S: 1
  • Lot Information: View, Treed, Rolling, Fenced, Horses Allowed
  • Lot View: Territorial, Water
  • Parcel Number: 23223.9041
  • Site Improvements: Septic Sys, Well Installed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Dec 2, 2019
Sold by
Madsen Dana C
Bought by
Chew Weslee
Seller's Agent
Dan Hilton
Hilton Real Estate, Inc.
Buyer's Agent
Mindy Jo Lyons
American R.E. Associates, Inc
List Price
$800,000
Sold Price
$740,000
Premium/Discount to List
-$60,000
-7.5%
Current Estimated Value
$622,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,537
Avg. Annual Appreciation
-2.93%
Original Mortgage
$592,000
Outstanding Balance
$525,950
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$96,513

Purchase Details

Closed on
Oct 28, 2008
Sold by
Madsen Theresa Marlene and Madsen Terry
Bought by
Madsen Dana C

Purchase Details

Closed on
May 17, 2000
Sold by
Kelly Cecelia
Bought by
Madsen Dana C and Madsen Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.08%
Mortgage Type
Seller Take Back
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
Chew Weslee $740,000 First American Title Ins Co
Madsen Dana C -- None Available
Madsen Dana C -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chew Weslee $592,000
Previous Owner Madsen Dana C $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $740,000 -7.5% $356 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $800,000 -- $385 / 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 $4,471 $504,670 $340,370 $164,300
2024 $4,471 $455,980 $279,980 $176,000
2023 $3,105 $402,510 $236,210 $166,300
2022 $2,790 $369,230 $202,930 $166,300
2021 $2,597 $232,130 $116,530 $115,600
2020 $2,385 $203,730 $108,030 $95,700
2019 $1,517 $202,730 $108,030 $94,700
2018 $1,461 $182,930 $98,030 $84,900
2017 $1,300 $181,030 $98,030 $83,000
2016 $1,261 $172,730 $98,030 $74,700
2015 $1,115 $168,040 $108,140 $59,900
2014 -- $245,480 $185,580 $59,900
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dan Hilton

    Hilton Real Estate, Inc.

    Section Image
  • Mindy Jo Lyons

    Buyer's Agent in 2019

    Mindy Jo Lyons

    American R.E. Associates, Inc

    (509) 710-9466

    45 Total Sales

    Mindy Jo Lyons
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 201915588

Spokane Association of REALTORS®

APN: 23223.9041

Washington Spokane County Cheney 99004

5610 W Depot Springs Rd, Cheney, WA

This home is located at 5610 W Depot Springs Rd, Cheney, WA 99004 since 06 May 2019 and is currently estimated at $622,463, approximately $299 per square foot. This property was built in 1893. 5610 W Depot Springs Rd is a home located in Spokane County with nearby schools including Salnave Elementary School, Cheney Middle School, and Cheney High School.

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