new - 2 days on rocket

511 Clay St, Cheney, WA, 99004

$1,999,950

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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511 Clay St, Cheney$1,999,950

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached, Off Site, See Remarks
Garage2 spaces
Year Built2007
HeatingElectric, Ductless
BasementYes
MLS #202426108
Lot Size0.68 Acres
StatusActive
(New)

About 511 Clay St

Fully rented 8 unit complex comprised of 2 - 4 bedroom units, 6 - 5 bedroom units, 8 storage shed/closets and a 2 car garage. This well maintained complex is perfectly located in the heart of Cheney just a few blocks to grocery stores, parks, schools and EWU.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2007
  • Stories: 2

Listing Office:

  • Office Name: Touchstone Real Estate Group
  • Office Phone: (509) 559-9225
  • Listing Agent: Danielle LaBar

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Utility Room, Windows Vinyl

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Off Site, See Remarks

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Electric, Ductless

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,950

Tax Information:

  • Annual Amount: $13,261
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cheney, WA.

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Cheney, WA

City

Med. Sold Price

$424.3K

Med. Price/SqFt

$224

Avg. Days On Market

39

# of Sold Homes

12

511 Clay St vs Cheney

2 DAYS ON ROCKET

-37 Days

$1,999,950

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Cheney, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202426108

Listing Office:

  • Office Name: Touchstone Real Estate Group
  • Office Phone: (509) 559-9225
  • Listing Agent: Danielle LaBar

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 1:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 27, 2021Home Sold
$1,399,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,261$1,163,430
2020$12,995$1,068,630
2018$12,345$1,067,730
2017$14,197$1,001,330

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,062

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3809320
6
/10

  • Betz Elementary School

  • 317 N 7th St

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-3809321
4
/10

  • Salhave Elementary School

  • 1015 Salnave Rd

  • 1.85 miles

  • Public District Grades PK-5

school-card-donut-3809322
5
/10

  • Snowdon Elementary School

  • 6323 S Holly Rd

  • 6.75 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,359. The majority of Cheney, WA residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Washington›Spokane County›Cheney›99004›511 Clay St

This home is located at 511 Clay St in Cheney, WA and zip code 99004. This home, which was built in 2007, sits on a 0.68 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $1,999,950.

While more than 4 listings in Cheney, WA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Cheney, WA between October 2024 and November 2024 increased by 13.2%. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $424,397.

From Rocket Homes Real Estate and based on county public records data.

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