$340,000
SOLD MAR 18, 2025

616 Chestnut St Cheney, WA 99004

4 Beds
2 Baths
1,515 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

4% Below List Price

131 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • 4 Car Detached Garage
  • No HOA
  • Separate Outdoor Workshop
  • Baseboard Heating

About This Home

As of March 2025

Don'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

Rebecca Ruark

Windermere Valley License #24024536 Listed on: 10/14/2024

Windermere Valley

Last Buyer's Agent

Evan Kitt

Amplify Real Estate Services License #23026400

Amplify Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,638

Year Built

  • Built in 1968

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Open Lot

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

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Cheney Middle School
  • Cheney High School

Utilities

  • Furnace
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13144.2199

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,638

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1968
  • Property Sub-Type: Residential
  • PropertyType: Residential
  • ResoLotFeatures: Fenced Yard, Level, Open Lot
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: (509) 928-1991
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • New Construction: No
  • Reso Structure Type: Three Level
  • Master Plan Zoning: R
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: No
  • Total Bedrooms: 4
  • Stories: 3

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding
  • Other Structures: Workshop

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached, Alley Access, Oversized

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Baseboard

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 13144.2199
  • Lot Size Sq Ft: 7405
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2638

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
$339,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$421
Avg. Annual Appreciation
-0.22%
Original Mortgage
$333,841
Outstanding Balance
$332,159
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$7,420

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 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 $140,000 Purchase Money Mortgage
Previous Owner $108,400 Purchase Money Mortgage
Previous Owner $88,925 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $3,179 $313,200 $75,000 $238,200
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

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202424373

Spokane Association of REALTORS®

APN: 13144.2119