NOT LISTED FOR SALE

824 4th St Cheney, WA 99004

Estimated Value: $384,807 - $447,000

2 Beds
3 Baths
2,584 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 28, 2019

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

Est. 67% increase in value since last sale

Current estimated payment $2,659/month

37 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 3-minute walk to Cheney Parks & Recreation
  • 1 Car Detached Garage
  • Baseboard Heating

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 Listed By

Benji Estrellado

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1940

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Metal Construction or Metal Frame

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • 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

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
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 509-235-6191
  • MLS Status: Sold
  • Architectural Style: Traditional
  • 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%
Total Days on Market
37
Current Estimated Value
$419,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,702
Avg. Annual Appreciation
9.07%
Original Mortgage
$188,250
Outstanding Balance
$167,247
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$252,455

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

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 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 Change Sq Ft Price
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
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