NOT LISTED FOR SALE

7508 S Fruitvale Rd Unit 7506 Cheney, WA 99004

Estimated Value: $330,000 - $587,000

2 Beds
2 Baths
1,650 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $315,000 $191 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,540/month

14 Days on Market

Highlights

  • City View
  • Detached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Ranch Style House
  • Dual Closets
  • Dining Room

About This Home

As of November 2021

Unique 1 bedroom units, identical side to side. Currently owner occupied and they can vacate in time for you to owner occupy, If you'd like. They are willing to sign a $900 per month 6 month lease as well, to make moving out easy for them and convenient for your buyer! The other Occupant just signed a new $900 per month year lease. Superior location just minutes from Amazon and Caterpillar, TWT and Fairchild AFB. The 2 car carport covers up just a small portion of all the exterior concrete that makes access pretty much bulletproof when others are fighting the snow and mud. Both fenced back yards are spacious places to privately enjoy the outdoors. This low maintenance, high return property could be the perfect start to your rental empire, or a solid addition to your existing collection. Don't delay, get you favorite realtor and come see it today!

Last Agent to Sell the Property

Pat Isbell

Hilton Real Estate, Inc. License #18388 Listed on: 09/17/2021

Last Buyer's Agent

Tanya Starkel

REAL Broker LLC License #21033417

REAL Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,503

Year Built

  • Built in 2012

Lot Details

  • 0.33 Acre Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Dual Closets
  • 1,650 Sq Ft Home
  • Dining Room
  • City Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 2 Carport Spaces

Outdoor Features

  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 200+ Amp Service

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 24073.0208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,503

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: freezer in Kitchen
  • Year Built: 2012
  • Style Of Construction: 1 Story
  • Lvt Date: 09/17/2021
  • Common Interest Community: No
  • Geo Address Line: 7508 S Fruitvale Rd
  • Geo Primary City: Cheney
  • Geo Quality: 1
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/17/2021 8:16:13 PM
  • Geo Zoom Level: 19
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1650
  • Price Per Sq Ft: 190.91
  • Basement: Slab
  • Design: Rancher
  • Dining Room: Informal
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: Dbl Clst, 1st Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

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

Garage/Parking

  • Carport Size: 2
  • Garage Parking: Detached, Carport
  • Number Carports: 2

Utilities

  • Heating/Cooling: Elec, Basebd, El Wall Unit
  • Power Company: Inlnad
  • Water Company: Spokane

Schools

  • School District: Cheney
  • School District: Cheney

Lot Info

  • Acres Mol: 0.33
  • Estimated Lot Sq Ft: 14400
  • Lot Information: Fncd Bk Yd, Level
  • Lot View: City
  • Parcel Number: 24073.0208
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 2503

Multi Family

  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 18, 2021
Sold by
Brunk William and Brunk Cathie
Bought by
Dobson Clinton W and Dobson Kristen L
Seller's Agent
Pat Isbell
Hilton Real Estate, Inc.
Buyer's Agent
Tanya Starkel
REAL Broker LLC
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$429,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,026
Avg. Annual Appreciation
8.11%
Original Mortgage
$236,250
Outstanding Balance
$215,687
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$213,339

Purchase Details

Closed on
Oct 27, 2015
Sold by
Zarecor Michael B and Zarecor Carmel J
Bought by
Brunk William and Brunk Cathie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,731
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2012
Sold by
Grove Hill Corporation
Bought by
Zarecor Michael B and Zarecor Carmel J
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
Dobson Clinton W $315,000 First American Title Ins Co
Brunk William $174,900 First American Title Ins Co
Zarecor Michael B -- None Available
Zarecor Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobson Clinton W $236,250
Previous Owner Brunk William $171,731
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $315,000 0.0% $191 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $315,000 -- $191 / 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 $3,259 $319,900 $80,000 $239,900
2024 $3,259 $324,600 $70,000 $254,600
2023 $2,648 $332,700 $70,000 $262,700
2022 $2,537 $307,500 $65,000 $242,500
2021 $2,502 $213,700 $41,500 $172,200
2020 $2,311 $187,800 $40,000 $147,800
2019 $2,080 $177,100 $40,000 $137,100
2018 $2,377 $173,400 $32,000 $141,400
2017 $2,051 $164,900 $30,000 $134,900
2016 $2,083 $159,700 $30,000 $129,700
2015 $401 $30,000 $30,000 $0
2014 -- $30,000 $30,000 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202122516

Spokane Association of REALTORS®

APN: 24073.0208