1306 3rdCheney, WA 99004

  • Residential income properties
  • 4,901 SF
Off market
$1,521,200 Estimated

Property Details for 1306 3rd

Year built
1966
Construction
STEEL FRAME
Lot size
0.27 AC
Property size (Sq ft)
4,901 SF
Property type
Residential income properties
Property subtype
High-rise multifamily apartments
APN
13124.2906
APU
131242906

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,238,340
    6.5%
    $1,143,083
    7%
    $1,061,434
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,619,660
    Geo Method
    $1,619,660
  • Alternative Use

    Use
    Valuation
    Residential
    $1,143,083
    Hospitality
    $1,047,058
    Educational
    $871,140
    Medical
    $901,100
    Retail
    $1,355,107
1306 3rd, Cheney, Washington

Location Insight

City
Cheney
County
Spokane
State
Washington
Latitude
47.4947
Longitude
-117.57
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,707
$70,200
$1,451,000
$1,521,200
-
$70,200
$1,451,000
$1,521,200

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