NOT LISTED FOR SALE

824 4th St Cheney, WA 99004

Estimated Value: $379,000 - $434,000

2 Beds
3 Baths
2,584 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $251,000 $97 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,411/month

37 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • Wood Frame Window
  • 4-minute walk to Cheney Parks & Recreation

About This Home

As of June 2019

Great opportunity for an owner occupied duplex or just own a great rental very close to EWU campus. 824 is the 1.5 story main floor unit w/wood floors and fireplace. There is a study/computer landing on the 2nd floor, the master bdrm on the 2nd floor is very large & has a possible 3rd bdrm. 822 is a very cute basement studio apartment with its separate meter and entry. Shared laundry is in the bsmt. Lots of storage.

Last Agent to Sell the Property

Benji Estrellado

Cheney Realty, Inc. License #11892 Listed on: 05/13/2019

Last Buyer's Agent

April Stallinga

Prime Real Estate Group License #114995

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1940

Lot Details

  • 5,000 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Metal Construction or Metal Frame

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Frame Window
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Oil

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 13131.4105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,899

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1940
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Treed, Level, Corner Lot
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Laundry
  • Co List Office Phone: 509-235-6191
  • MLS Status: Sold
  • Architectural Style: Traditional
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Wood Floor, Windows Wood
  • Reso Structure Type: One and a Half Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Laundry, Walk-Out Access
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Metal

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Oil, Forced Air, Baseboard, Ductless
  • NumberOfRanges: 2

Lot Info

  • Parcel Number: 13131.4105
  • Lot Size Sq Ft: 5000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2899
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 24, 2019
Sold by
Arthur Charles L and Arthur Sally A
Bought by
Hajek Pavel
Seller's Agent
Benji Estrellado
Cheney Realty, Inc.
Buyer's Agent
April Stallinga
Prime Real Estate Group
List Price
$259,900
Sold Price
$251,000
Premium/Discount to List
-$8,900
-3.42%
Current Estimated Value
$401,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,698
Avg. Annual Appreciation
7.47%
Original Mortgage
$188,250
Outstanding Balance
$165,182
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$236,516

Purchase Details

Closed on
Aug 8, 2007
Sold by
Hammer Ron E and Hammer Karen I
Bought by
Arthur Charles L and Arthur Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2006
Sold by
Davis Jonathan P
Bought by
Hammer Ron E and Hammer Karen I

Purchase Details

Closed on
Apr 27, 2005
Sold by
Ryten Investments Llc
Bought by
Davis Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Frostad Lawrence L and Frostad Andrea G
Bought by
Ryten Investments Llc

Purchase Details

Closed on
Jan 8, 2003
Sold by
Gohlert Ernst W and Gohlert Heide G
Bought by
Frostad Lawrence L and Frostad Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hajek Pavel $251,000 Spokane County Title Co
Arthur Charles L $229,000 First American Title Ins
Hammer Ron E $197,000 First American Title Ins
Davis Jonathan P $150,000 Spokane County Title Co
Ryten Investments Llc -- --
Frostad Lawrence L $102,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hajek Pavel $188,250
Previous Owner Arthur Charles L $183,200
Previous Owner Davis Jonathan P $135,000
Previous Owner Frostad Lawrence L $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $251,000 -3.4% $97 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $259,900 -- $101 / 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 $3,720 $356,100 $50,000 $306,100
2024 $3,720 $337,400 $55,000 $282,400
2023 $3,202 $407,200 $75,000 $332,200
2022 $3,055 $382,300 $75,000 $307,300
2021 $2,892 $252,900 $31,500 $221,400
2020 $3,048 $249,900 $30,000 $219,900
2019 $2,639 $227,500 $28,000 $199,500
2018 $2,896 $217,400 $28,000 $189,400
2017 $2,499 $207,200 $28,000 $179,200
2016 $2,432 $194,300 $28,000 $166,300
2015 $2,345 $190,500 $28,000 $162,500
2014 -- $190,500 $28,000 $162,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201916043

Spokane Association of REALTORS®

APN: 13131.4105