723 2nd St Cheney, WA 99004
2
Beds
1
Bath
941
Sq Ft
5,000
Sq Ft Lot
Highlights
- Corner Lot
- Cooling Available
- Dining Room
- No HOA
- Bungalow
- 4-minute walk to Cheney Parks & Recreation
About This Home
As of December 2023Great investment opportunity or first home on a corner lot in Cheney! This charming, easy-to-maintain bungalow is just waiting for your creativity to bring it to life! With all one-floor living and a lovely and spacious kitchen including plenty of cabinet space, this would make a fantastic rental house due to the proximity to the university and downtown area or a blank canvas starter home. The fully fenced back yard is large enough for a garden and pets, and there is even off-street parking! New roof and newer appliances! This could be the place you are looking for to make your first home, or your first investment property. Schedule a showing today! Check the flexible zoning status for additional opportunities on investment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,803
Year Built
- Built in 1940
Lot Details
- 5,000 Sq Ft Lot
- Back Yard Fenced
- Corner Lot
- Level Lot
Parking
- Off-Street Parking
Home Design
- Bungalow
- Composition Roof
- Wood Siding
Interior Spaces
- 941 Sq Ft Home
- 1-Story Property
- Dining Room
- Partially Finished Basement
- Exterior Basement Entry
- Indoor Grill
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Schools
- Cheney Elementary And Middle School
- Cheney High School
Utilities
- Cooling Available
- Baseboard Heating
- 200+ Amp Service
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 13131.2504
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Nov 30, 2023
Sold by
Swiger Shaun and Swiger Victoria
Bought by
Pomeroy Alexandrea and Pomeroy Steven
Seller's Agent
Jo Skipper
American R.E. Associates, Inc
Buyer's Agent
Ali Pomeroy
Touchstone Real Estate Group
List Price
$240,000
Sold Price
$232,000
Premium/Discount to List
-$8,000
-3.33%
Total Days on Market
35
Views
117
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
$5,156
Avg. Annual Appreciation
1.50%
Original Mortgage
$261,258
Outstanding Balance
$258,087
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
-$20,931
Purchase Details
Listed on
Dec 24, 2020
Closed on
Feb 18, 2021
Sold by
Montecucco Management Inc
Bought by
Swiger Shaun
Seller's Agent
Brad Foien
Cheney Realty, Inc.
Buyer's Agent
Mike Chambliss
Deese Real Estate
List Price
$170,000
Sold Price
$185,000
Premium/Discount to List
$15,000
8.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$10,000
Interest Rate
2.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2007
Sold by
Rosenzweig Fred H
Bought by
Montecucco Management Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,592
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 1997
Sold by
Heglar M Fara and Hanson Peter O
Bought by
Rosenzweig Fred H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.5%
Map
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 | $232,000 | Ticor Title | |
| Warranty Deed | $185,000 | First American Title Ins Co | |
| Warranty Deed | $115,000 | First American Title Ins | |
| Warranty Deed | $65,000 | Pioneer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $261,258 | FHA | |
| Previous Owner | $10,000 | New Conventional | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $181,649 | FHA | |
| Previous Owner | $117,592 | Purchase Money Mortgage | |
| Previous Owner | $54,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $232,000 | +3.1% | $247 / Sq Ft |
| 10/18/2023 10/18/23 | Pending | -- | -- | -- |
| 10/10/2023 10/10/23 | Price Changed | $225,000 | -6.3% | $239 / Sq Ft |
| 09/13/2023 09/13/23 | For Sale | $240,000 | +29.7% | $255 / Sq Ft |
| 02/26/2021 02/26/21 | Sold | $185,000 | +8.8% | $197 / Sq Ft |
| 01/24/2021 01/24/21 | Pending | -- | -- | -- |
| 12/24/2020 12/24/20 | For Sale | $170,000 | -- | $181 / Sq Ft |
Source: Spokane Association of REALTORS®
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 | $2,338 | $211,700 | $55,000 | $156,700 |
| 2023 | $1,804 | $226,300 | $75,000 | $151,300 |
| 2022 | $1,625 | $214,700 | $75,000 | $139,700 |
| 2021 | $712 | $124,000 | $31,500 | $92,500 |
| 2020 | $1,402 | $114,400 | $30,000 | $84,400 |
| 2019 | $1,183 | $101,700 | $28,000 | $73,700 |
| 2018 | $1,307 | $97,800 | $28,000 | $69,800 |
| 2017 | $1,128 | $93,200 | $28,000 | $65,200 |
| 2016 | $1,073 | $85,400 | $28,000 | $57,400 |
| 2015 | $995 | $80,500 | $28,000 | $52,500 |
| 2014 | -- | $80,500 | $28,000 | $52,500 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with AREA Real Estate in Eastern Washington, Northern Idaho, and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Jo's Other Listings
Source: Spokane Association of REALTORS®
MLS Number: 202321788
APN: 13131.2504
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes