616 Chestnut St Cheney, WA 99004
4
Beds
2
Baths
1,515
Sq Ft
7,405
Sq Ft Lot
Highlights
- Contemporary Architecture
- Separate Outdoor Workshop
- Baseboard Heating
- No HOA
- 4 Car Detached Garage
About This Home
As of March 2025Don't miss this freshly updated 3-level home in Cheney with a fantastic 20x40 detached garage/SHOP and easy alley access with extra parking! It's a perfect investment/rental property. The home offers 4 beds, 1.5 baths and over 1500sf of living space. Brand new LVP flooring throughout the main floor. All new carpet upstairs and down. New roof! Updated ceilings, fixtures, and paint inside and out. Close to schools, parks, amenities, delicious eateries, and recreation. With over $30k in 2024 updates, this is a great price for either a primary residence or a great investment opportunity in this amazing little Eastern Washington University town. P.s. dogs love the freedom of the fenced backyard and the indoor/outdoor kennel.
Last Agent to Sell the Property
Windermere Valley License #24024536 Listed on: 10/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,638
Year Built
- Built in 1968
Parking
- 4 Car Detached Garage
- Alley Access
Home Design
- Contemporary Architecture
- Hardboard
Interior Spaces
- 1,515 Sq Ft Home
- 3-Story Property
- Basement
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Cheney Middle School
- Cheney High School
Utilities
- Furnace
- Baseboard Heating
Additional Features
- Separate Outdoor Workshop
- 7,405 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 13144.2199
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Mar 15, 2025
Sold by
Colburn Dale R and Colburn Rhonda
Bought by
Rasmussen Celena and Ginn Bradley
Seller's Agent
Rebecca Ruark
Windermere Valley
Buyer's Agent
Evan Kitt
Amplify Real Estate Services
List Price
$355,000
Sold Price
$340,000
Premium/Discount to List
-$15,000
-4.23%
Views
145
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,289
Avg. Annual Appreciation
1.47%
Original Mortgage
$333,841
Outstanding Balance
$333,565
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$7,724
Purchase Details
Closed on
Sep 14, 2007
Sold by
Day David C and Mortensen Day Betti Jo
Bought by
Colburn Dale R and Colburn Rhonda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 2, 2005
Sold by
Bruegman Dennise K and Knadler Dennise B
Bought by
Day David C and Mortensen Day Betti Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 24, 2000
Sold by
Martin Scott G and Martin Hitomi
Bought by
Knadler Eric and Knadler Dennise B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,925
Interest Rate
8.24%
Mortgage Type
FHA
Similar Homes in Cheney, WA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | Wfg National Title | |
| Warranty Deed | $175,000 | First American Title Ins | |
| Warranty Deed | $135,500 | First American Title Ins | |
| Warranty Deed | $89,500 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,841 | FHA | |
| Previous Owner | $135,335 | New Conventional | |
| Previous Owner | $140,000 | Purchase Money Mortgage | |
| Previous Owner | $108,400 | Purchase Money Mortgage | |
| Previous Owner | $13,500 | Credit Line Revolving | |
| Previous Owner | $88,925 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | Sold | $340,000 | +3.0% | $224 / Sq Ft |
| 02/22/2025 02/22/25 | Pending | -- | -- | -- |
| 02/01/2025 02/01/25 | Price Changed | $330,000 | -4.3% | $218 / Sq Ft |
| 10/24/2024 10/24/24 | Price Changed | $345,000 | -2.8% | $228 / Sq Ft |
| 10/14/2024 10/14/24 | For Sale | $355,000 | -- | $234 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
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 | $3,179 | $288,200 | $75,000 | $213,200 |
| 2023 | $2,265 | $281,700 | $75,000 | $206,700 |
| 2022 | $2,372 | $270,000 | $75,000 | $195,000 |
| 2021 | $2,202 | $192,300 | $31,500 | $160,800 |
| 2020 | $2,140 | $175,200 | $30,000 | $145,200 |
| 2019 | $1,842 | $158,600 | $24,000 | $134,600 |
| 2018 | $2,124 | $159,300 | $24,000 | $135,300 |
| 2017 | $1,733 | $143,500 | $24,000 | $119,500 |
| 2016 | $1,706 | $136,100 | $24,000 | $112,100 |
| 2015 | $1,759 | $142,800 | $24,000 | $118,800 |
| 2014 | -- | $142,800 | $24,000 | $118,800 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Ruark
Seller's Agent in 2025
Rebecca Ruark
Windermere Valley
(509) 991-0741
126 Total Sales
-
Evan Kitt
E
Buyer's Agent in 2025
Evan Kitt
Amplify Real Estate Services
(509) 828-7904
10 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202424373
APN: 13144.2119
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