NOT LISTED FOR SALE

Estimated Value: $418,000 - $626,000

5 Beds
3 Baths
3,926 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $205,000 $52 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,024/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • Detached Garage
  • 0.5 Acre Lot
  • Family Room with Fireplace
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of June 2017

Attention investors! This house has a ton of income potential! Zoning is multi family, so the new owner might be able to add even more units! This is a house with a full basement. In the basement, there are two 1 bedroom 1 bath apartments which are separately metered! This could be an ideal rental property with potential rental income from main house and both apartments. If you want to increase your revenue even more, you could rent out the garages and shop. The way the garages are built, they can be separated into 3 garages. The owner currently has them as one big garage, but they can easily be set up more for multi family use. The apartments could use some cosmetic updating, which would really help to get the most out of your rental income, but at this price point, you would get a great return of your investment. Some features of the house are on the main level: a massive kitchen with newer appliances, and more cabinets than you know what to do with, a large living room and dining room, 2 pantries, big laundry room with counter and lots of storage, 3 very big bedrooms, 1 full bath with separate tub and shower, hardwood floors, a very large screen porch and a full size walk in attic for even more storage. On the lower level: There is a huge storage area separate from the apartments, both apartments have a kitchen, living room, bedroom, and a full bathroom. Since the owner is not using these as rentals, not all appliances are there in the apartments, but it is set up for full kitchens. On the property: In addition to the 2 separate carports, the 3 car garage also has a shop on the right side. There is room to park multiple RV's on this half acre lot, which is completely fenced. There is a wrap around driveway for easy pull through access with trailers. This property will fly off the market at this price, hurry and contact your REALTOR for an appointment to see this rare property.

Last Agent to Sell the Property

Burt Lovejoy

HomeSmart Elite Brokers License #105761 Listed on: 04/04/2017

HomeSmart Elite Brokers

Last Buyer's Agent

Sally Ashby

Retter and Company Sotheby's License #15312

Retter and Company Sotheby's

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 1954

Lot Details

  • 0.5 Acre Lot
  • Fenced
  • Sprinkler System
  • Garden

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,926 Sq Ft Home
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Parking

  • Detached Garage
  • Carport
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,951

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Year Built: 1954
  • Street Road Information: Paved, Street Lights
  • Headline: Attention investors!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave Oven, Range/Oven
  • Fireplace: Two, Wood Stove, Freestanding Stove-Wood, In Basement, In Family Room, FP-Wood
  • Interior Flooring: Carpet(s), Ceilings-Coffered, Dining-Eat in, Dining-Liv/Combo, Dining-L, Drapes/Curtains/Blinds, Extra Storage, Room-Family, Security System, Security System-Wired, Utility Room, Windows-Double, Windows-Vinyl, Ceiling Fan, Garage Door Opener, Laminate, Wood
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Basement Type: Finished, Full, Outside Entrance, Inside Entrance, Egress Windows
  • Below Grade Sq Ft: 1963
  • Finished Sq Ft: 3926
  • Total Sq Ft: 3926
  • Percentage Of Finished Be: 26%-50%
  • Price Per Sq Ft: 52.22

Exterior Features

  • Exterior Features: Bldg/Shop, Bldg/Storage, Fencing/Enclosed, Garden Area, Lighting, Patio/Open, Fruit Trees, Sprinkler
  • Roof: Composition Shingle
  • Building Exterior Siding: Brick, Vinyl
  • Foundation Construction: Concrete, Concrete Slab

Garage/Parking

  • Garage Type: Garage/Carport
  • Garage Parking: Detached, Carport-2 Car, Door Opener(s), Finished, Garage-3 Car, Off Street Spaces, RV Parking-Covered, RV Parking-Open, Workshop, Carport Attached, Carport Detached, Combination
  • Garage Per Unit: One-Car

Utilities

  • Air Conditioner: Air Window, Electric, Air Wall
  • Water Sewer: Public Water, Sewer Connected
  • Heating: Electric, Wall
  • Utilities Electricity: Appl-Electric, Cable, Electric, Separate Meters

Schools

  • School District: KENNEWICK

Lot Info

  • Irrigation Assmt: 167
  • Irrigation System: Entire Property, Pumped/Well, UGS, UGS Timed, Avail-Not Delivered, Irrigation Pump, Year Round
  • Lot Sq Ft: 21780
  • Number Of Acres: 0.5
  • Property Description: Loc in City Limits, Recorded Plat Map
  • Zoning Type: MULTI-FAMILY RE
  • Irrigation Water Source: Available, Fee/No Water Available, Well, Columbia Irrigation Dist

Tax Info

  • Annual Taxes: 1951

Multi Family

  • Multi Family Information: Unit 1/AC, Unit 1/Carpets, Unit 1/Dishwasher, Unit 1/Disposal, Unit 1/Drapes, Unit 1/Fireplace, Unit 1/Range/Oven, Unit 1/Utility Hook-Ups, Unit 2/Carpets, Unit 2/Dishwasher, Unit 2/Drapes, Unit 3/Carpets, Unit 3/Dishwasher
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 6, 2017
Sold by
Rigby Matthew L and Rigby Rebecca K
Bought by
Crosby Diana and Crosby Donald
Seller's Agent
Burt Lovejoy
HomeSmart Elite Brokers
Buyer's Agent
Sally Ashby
Retter and Company Sotheby's
List Price
$199,999
Sold Price
$205,000
Premium/Discount to List
$5,001
2.5%
Current Estimated Value
$499,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,932
Avg. Annual Appreciation
10.27%
Original Mortgage
$201,286
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2013
Sold by
Rigby Echo K
Bought by
Rigby Matthew L and Rigby Rebecca K
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
Crosby Diana $205,000 Stewart Title Company
Rigby Matthew L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosby Diana $100,000
Open Crosby Donald $225,000
Closed Crosby Donald $201,500
Closed Crosby Diana $201,286
Previous Owner Rigby Lon W $80,000
Previous Owner Rigby Lon W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $205,000 +2.5% $52 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $199,999 -- $51 / 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
2024 $3,662 $478,630 $70,000 $408,630
2023 $3,662 $424,140 $70,000 $354,140
2022 $2,509 $342,420 $70,000 $272,420
2021 $2,495 $233,190 $44,000 $189,190
2020 $2,589 $227,400 $24,200 $203,200
2019 $2,204 $227,400 $24,200 $203,200
2018 $2,248 $195,170 $24,200 $170,970
2017 $2,069 $164,340 $24,200 $140,140
2016 $1,951 $164,340 $24,200 $140,140
2015 $1,957 $152,000 $15,310 $136,690
2014 -- $152,000 $15,310 $136,690
2013 -- $152,000 $15,310 $136,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pacific Regional MLS

MLS Number: 220362

Pacific Regional MLS

APN: 136993040020001