NOT LISTED FOR SALE

Estimated Value: $327,000 - $353,000

4 Beds
2 Baths
1,380 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $345,000 $250 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,122/month

10 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Cooling Available
  • 0.97 Acre Lot
  • 1 Car Attached Garage
  • Home fronts a stream

About This Home

As of June 2023

Rare find! Fantastic income-producing duplex located on just under an acre lot! This side-by-side duplex has 2 bed/1 bath & 690sqft per side w/ lots of updates including newer vinyl windows, vinyl flooring, exterior/interior paint, updated bathrooms, and even a newer septic (2015) & well (2020)! One side has an attached garage and the other has a covered carport! Marshall Creek also located at the back of the property! Tenants love all the room and seclusion, w/ plenty of space for cars, pets, & toys. Great location between Cheney (EWU) and Spokane, with easy access to the airport, 1.2 miles to Scribner trailhead for Fish Lake trail and 4.1 miles to Fish Lake beach. Always rented! Left side currently pays $1450 and right side pays $1300. There is also income potential from the well, ask your agent about this! Also a great opportunity to potentially live in one side and rent out the other, lots you can do with this!

Last Agent to Sell the Property

Skylar Oberst

Amplify Real Estate Services License #132609 Listed on: 05/04/2023

Amplify Real Estate Services

Last Buyer's Agent

Aaron Beal

Amplify Real Estate Services License #20120770

Amplify Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1942

Lot Details

  • 0.97 Acre Lot
  • Home fronts a stream
  • Back and Front Yard Fenced
  • Secluded Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • RV Access or Parking

Schools

  • Windsor Elementary School
  • Cheney Middle School
  • Cheney High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Shared Well
  • Well
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 24153.9095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,978

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Easement, Pvt Rd, Gravel
  • Class: Rental Income
  • Year Built: 1942
  • Style Of Construction: 1 Story
  • Lvt Date: 05/04/2023
  • Common Interest Community: No
  • Geo Address Line: 9322 S Cheney Spokane Rd
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 5/4/2023 6:56:58 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Jr High: Cheney
  • Allow Public Comments: No
  • Estimated Well Gallons Per Minute: 30
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 1380
  • Price Per Sq Ft: 250
  • Number of Stories: 1
  • Special Features: Mn Flr Util, Vinyl Wn Fr
  • Design: Rancher
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Wood
  • Roof: Metal
  • Waterfront Property: Stream

Garage/Parking

  • Carport Size: 1
  • Garage Parking: Attached, Carport, RV Parking
  • Garage Size: 1
  • Number Garages: 1
  • Number Carports: 1

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: Avista
  • Water Company: Well

Schools

  • School District: Cheney
  • Elementary School: Windsor
  • Middle School: Cheney
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Windsor

Lot Info

  • Acres Mol: 0.97
  • Estimated Lot Sq Ft: 42121
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 52
  • Lot Information: Fncd Frt Yd, Fncd Bk Yd, Level, Secluded, Irreg, Surveyed
  • Parcel Number: 24153.9095
  • Site Improvements: Septic Sys, Well Installed, Shared Well
  • Loc Numberblk N S: 93
  • Multiple Parcels: No

Tax Info

  • Taxes: 1978

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
Aug 28, 2021
Closed on
Oct 1, 2021
Sold by
O Morchoe Llc
Bought by
Hornbaker Hannah V
Seller's Agent
Deepak Malhotra
Cheney Realty, Inc.
Buyer's Agent
Jarrod John
4 Degrees Real Estate
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%
Current Estimated Value
$341,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,114
Avg. Annual Appreciation
8.51%
Original Mortgage
$251,363
Outstanding Balance
$230,467
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$117,519

Purchase Details

Closed on
Jul 31, 2015
Sold by
Dittrich Wallace A and Dittrich Angela M
Bought by
O Morchoe Llc

Purchase Details

Closed on
Jul 21, 2015
Sold by
Sutor Molly P
Bought by
O Morchoe Llc

Purchase Details

Closed on
Jul 13, 2015
Sold by
Mcdonell John T and Mcdonell Richard R
Bought by
O Morchoe Llc

Purchase Details

Closed on
Nov 23, 2011
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Omorchoe Llc

Purchase Details

Closed on
Feb 2, 2011
Sold by
Evans William V
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York

Purchase Details

Closed on
Aug 22, 2005
Sold by
Evans William V Bill
Bought by
Evans Consulting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2005
Sold by
Evans Consulting Inc
Bought by
Evans William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac
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
Hornbaker Hannah V $256,000 First American Title Ins Co
O Morchoe Llc -- None Available
O Morchoe Llc -- None Available
O Morchoe Llc -- None Available
Omorchoe Llc $40,380 First American Title Ins Co
The Bank Of New York Mellon Trust Compan $68,250 Spokane County Title Co
Evans Consulting Inc -- Pacific Nw Title
Evans William -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornbaker Hannah V $251,363
Previous Owner O Morchoe Llc $60,250
Previous Owner Evans Consulting Inc $100,000
Previous Owner Evans William $106,250
Previous Owner Evans Consulting Inc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $345,000 -1.4% $250 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $349,900 +36.7% $254 / Sq Ft
11/05/2021 11/05/21 Sold $256,000 +2.4% --
09/10/2021 09/10/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $249,900 -- --
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 $3,058 $315,400 $90,000 $225,400
2024 $3,058 $312,400 $70,000 $242,400
2023 $1,979 $235,300 $40,000 $195,300
2022 $1,979 $235,300 $40,000 $195,300
2021 $1,509 $134,700 $27,500 $107,200
2020 $1,582 $135,300 $30,000 $105,300
2019 $1,392 $125,500 $30,000 $95,500
2018 $1,324 $101,200 $20,000 $81,200
2017 $1,191 $101,200 $20,000 $81,200
2016 $1,192 $97,400 $20,000 $77,400
2015 $1,120 $88,800 $20,000 $68,800
2014 -- $85,400 $20,000 $65,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202314856

Spokane Association of REALTORS®

APN: 24153.9095