NOT LISTED FOR SALE

1016 S 4th Ln Pasco, WA 99301

Estimated Value: $305,000 - $405,000

4 Beds
2 Baths
1,625 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $215,000 $132 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,168/month

20 Days on Market

About This Home

As of May 2018

You'll have a hard time finding another Duplex this nice. Fabulous investment opportunity. This property has been completely renovated inside and out. One building, 2 units each with 2 bedrooms and 1 bath, laundry room, lots of off street parking, and timed UGS. There is also a storage building. You don't want to miss this one, call your favorite Realtor and ask to see it TODAY.

Last Agent to Sell the Property

DJ James

HomeSmart Elite Brokers License #117057 Listed on: 04/09/2018

HomeSmart Elite Brokers

Last Buyer's Agent

DJ James

HomeSmart Elite Brokers License #117057 Listed on: 04/09/2018

HomeSmart Elite Brokers

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,789

Year Built

1954

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Year Built: 1954
  • Street Road Information: Curbs, Paved
  • Headline: $13K PRICE REDUCTION TOTALLY RENOVATED DUPLEX
  • Second Address Number: 1016
  • Directions: 4th Ave South to 4th Pl home is on corner
  • Geo Address Line: 1016 S 4th Ln
  • Geo Longitude: -119.092206
  • Geo Primary City: Pasco
  • Geo Quality: 0.95
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: WA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven
  • Interior Flooring: Carpet(s), Dining-Eat in, Dining-Kitchen/Combo, Utility Room, Windows-Double, Windows-Vinyl, Laminate, New Floor Cover, New Paint, Tile, Vinyl
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Finished Sq Ft: 1625
  • Total Sq Ft: 1625
  • Price Per Sq Ft: 132.31

Exterior Features

  • Exterior Features: Bldg/Storage, Fencing/Partial
  • Roof: Composition Shingle
  • Building Exterior Siding: Stucco
  • Foundation Construction: Concrete, Crawl Space

Garage/Parking

  • Garage Parking: Off Street Spaces

Utilities

  • Air Conditioner: Electric, Air Wall
  • Water Sewer: Public Water, Sewer Connected
  • Heating: Electric, Hot Water/Floor, Wall
  • Utilities Electricity: Appl-Electric, Electric

Schools

  • School District: PASCO
  • School District: PASCO

Lot Info

  • Irrigation System: UGS, UGS Timed, Timer(s), Drip
  • Number Of Acres: 0.17
  • Zoning Type: MULTI-FAMILY RE
  • Irrigation Water Source: City Water
  • Geo Update Timestamp: 2018-04-29

Tax Info

  • Annual Taxes: 1215.02
  • Tax Year: 2018

Multi Family

  • Multi Family Information: Unit 1/AC, Unit 1/Carpets, Unit 1/Range/Oven, Unit 1/Utility Hook-Ups, Unit 2/AC, Unit 2/Carpets, Unit 2/Range/Oven, Unit 2/Utility Hook-Ups
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 22, 2018
Sold by
Empire Bros Cnstruction Llc
Bought by
Mendoza Erika and Mendoza Humberto
Seller's Agent
DJ James
HomeSmart Elite Brokers
Buyer's Agent
DJ James
HomeSmart Elite Brokers
List Price
$238,000
Sold Price
$215,000
Premium/Discount to List
-$23,000
-9.66%
Current Estimated Value
$350,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,449
Avg. Annual Appreciation
7.07%
Original Mortgage
$211,105
Outstanding Balance
$183,717
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$166,732

Purchase Details

Listed on
Apr 9, 2018
Closed on
Apr 5, 2018
Sold by
Zaragoza Hilario
Bought by
Empire Bros Constraction Llc
Seller's Agent
DJ James
HomeSmart Elite Brokers
Buyer's Agent
DJ James
HomeSmart Elite Brokers
List Price
$238,000
Sold Price
$215,000
Premium/Discount to List
-$23,000
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Outstanding Balance
$183,717
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$166,732

Purchase Details

Listed on
Apr 9, 2018
Closed on
Apr 4, 2018
Sold by
Zaragoza Hilario
Bought by
Empirs Bros Construction Llc
Seller's Agent
DJ James
HomeSmart Elite Brokers
Buyer's Agent
DJ James
HomeSmart Elite Brokers
List Price
$238,000
Sold Price
$215,000
Premium/Discount to List
-$23,000
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Outstanding Balance
$183,717
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$166,732

Purchase Details

Listed on
Mar 9, 2017
Closed on
Mar 30, 2017
Sold by
The Bank Of New York Mellon
Bought by
Zaragoza Hilario
Seller's Agent
Paul Presby
Berkshire Hathaway Homeservices TC
Buyer's Agent
Yolanda Garcia
Markel Properties
List Price
$20,900
Sold Price
$35,000
Premium/Discount to List
$14,100
67.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
437.00%

Purchase Details

Closed on
Nov 29, 2016
Sold by
Reyes Maria and Reyes Pedro
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 19, 2006
Sold by
Curiel Eleazar G and Curiel Manuela G
Bought by
Reyes Pedro and Reyes Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1998
Sold by
Nichols George E
Bought by
Curiel Eleazar G and Curiel Manuela G

Purchase Details

Closed on
Feb 24, 1995
Sold by
Benton Bert H and Benton Patricia L
Bought by
Curiel Eleazar G and Curiel Manuela G
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
Mendoza Erika $214,719 First American Title
Empire Bros Constraction Llc -- None Available
Empirs Bros Construction Llc -- None Listed On Document
Zaragoza Hilario $34,719 None Available
The Bank Of New York Mellon $56,000 Chicago Title
Reyes Pedro $123,000 Frontier Title & Escrow Co
Curiel Eleazar G -- Frontier Title & Escrow Co
Curiel Eleazar G -- Frontier Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Erika $9,895
Open Mendoza Erika $211,105
Previous Owner Reyes Pedro $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $215,000 -9.7% $132 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $238,000 +580.0% $146 / Sq Ft
04/25/2017 04/25/17 Sold $35,000 +67.5% $22 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $20,900 -- $13 / Sq Ft
Source: Pacific Regional MLS

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 $2,789 $330,100 $81,700 $248,400
2023 $2,595 $327,700 $51,200 $276,500
2022 $1,774 $197,200 $35,300 $161,900
2021 $1,709 $168,300 $35,300 $133,000
2019 $2,116 $208,000 $32,000 $176,000
2018 $1,215 $95,900 $23,600 $72,300
2017 $1,174 $92,900 $20,600 $72,300
2015 $1,130 $84,200 $20,000 $64,200
2013 -- $88,300 $20,000 $68,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pacific Regional MLS

MLS Number: 228641

Pacific Regional MLS

APN: 112-383-047