NOT LISTED FOR SALE

116 S 40th St Yakima, WA 98901

Estimated Value: $302,000 - $386,000

4 Beds
2 Baths
1,968 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $340,000 $173 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,958/month

2 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 1-Story Property
  • Jetted Tub in Primary Bathroom
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Terrace Heights rancher with basement in convenient location. Prepare to pleasantly be surprised by the open feeling that the vaulted ceilings in the main living areas of this home provide. 2 bedrooms and 1 bathroom on the main level along with a second living space with cozy wood stove. Downstairs you will find a large primary bedroom with an extra space for an office, nursery, sitting room etc. The primary bathroom has a jetted tub and built in storage. 4th bedroom is non-conforming but has a closet. Don't miss the secret hideaway under the stairs, a great spot for kids to play! New furnace and heat pump in 2019 and newer roof. Seller willing to offer $5000 credit towards buyer closing costs with full price offer

Last Agent to Sell the Property

Peter & Marie Welch

John L Scott Yakima License #115517 Listed on: 04/20/2023

John L Scott Yakima

Last Buyer's Agent

Beverly Heaverlo

Coldwell Banker Cascade Real Estate License #10699

Coldwell Banker Cascade Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1968

Lot Details

  • 9,148 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned R3 - Multi Fam Res

Parking

  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Storage Shed

Listing and Financial Details

  • Assessor Parcel Number 19132111426

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1968

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Estimated Lot Size: 0.21
  • Estimated First Floor Sq Ft: 1176.00
  • Estimated Lower Sq Ft: 792.00
  • Directions: East on Yakima Ave, turn right on S. 40th St, house will be on the right.
  • Irrigation Irrigation District: Roza
  • Listing Member Name: Peter Welch
  • Prop. Type: Residential
  • Selling Member Short Id: BHeav
  • Spec Tax Designation: None
  • Building Style: 1 Story w/Basement
  • Property Sub Type: Residential/Site Built
  • Total Apx S F: 1968.00
  • Total B A R O O M S: 2.00
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Has Basement: Finished
  • Dining Room: Kitch Eating Space
  • Fireplace: One, Woodstove
  • Floor Coverings: Carpets, Concrete, Tile, Vinyl, Wood
  • Dining Kitchen: Free Stand R/O
  • P R I M A R Y B E D R O O M: Full Bath, Jetted Tub

Exterior Features

  • Exterior Construction: Frame
  • Foundation: Concrete
  • Lot Features: Fenced Back
  • Out Buildings: Storage Shed
  • Roof: Composition
  • Exterior Construction: Wood

Garage/Parking

  • Additional Parking: Off Street
  • Garage Capacity: None
  • Garage Type: None

Utilities

  • Sewer: Connected
  • Air Conditioner: Central Air
  • Domestic Water: Public Water
  • Heating: Electric, Forced Air, Heat Pump

Fee Information

  • Taxes: 3017.64

Lot Info

  • Irrigation: Agent Remarks
  • Lot Size: 0 - .25 Acres
  • Parcel #: 19132111426
  • Zoning: R3 - Multi Fam Res

Tax Info

  • Year: 2023

Multi Family

  • Total Bedrooms: 4
  • Total Full Baths: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 25, 2023
Sold by
Owens Gregory and Owens Kimberly
Bought by
Mares Margie Mae and Mares Jarvine K
Seller's Agent
Peter & Marie Welch
John L Scott Yakima
Buyer's Agent
Beverly Heaverlo
Coldwell Banker Cascade Real Estate
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Views
67
Current Estimated Value
$329,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,060
Avg. Annual Appreciation
-1.09%
Original Mortgage
$323,000
Outstanding Balance
$314,019
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$15,921

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 6, 2019
Sold by
Meza Joseph A and Arellano Beatriz A
Bought by
Owens Gregory and Owens Kimberly
Seller's Agent
Jaymie Doll
Keller Williams Yakima Valley
Buyer's Agent
Peter & Marie Welch
John L Scott Yakima
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$230,743
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 23, 2014
Sold by
Dahl Justin and Dahl Nicole
Bought by
Meza Joseph A and Arellano Beatriz A
Seller's Agent
Sharri Greene
Berkshire Hathaway HomeServices Central Washington Real Estate
Buyer's Agent
Teresa Renderos
Realty One Group Traditions
Sold Price
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$149,246
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2012
Sold by
Dahl Justin and Dahl Nicole
Bought by
Dahl Justin and Dahl Nicole

Purchase Details

Closed on
Dec 15, 2006
Sold by
Clements Denise E
Bought by
Dahl Justin and Gadd Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mares Margie Mae -- Valley Title
Owens Gregory $235,000 Valley Title Guarantee
Meza Joseph A -- Pacific Alliance Title
Dahl Justin -- Pacific Alliance Title
Dahl Justin $84,236 First American Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mares Margie Mae $323,000
Previous Owner Owens Gregory $230,743
Previous Owner Meza Joseph A $149,246
Previous Owner Dahl Justin $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $340,000 +1.5% $173 / Sq Ft
04/20/2023 04/20/23 For Sale $335,000 +42.6% $170 / Sq Ft
07/12/2019 07/12/19 Sold $235,000 +54.6% $119 / Sq Ft View Prior Sale
04/24/2019 04/24/19 Pending -- -- --
06/30/2014 06/30/14 Sold $152,000 -- $77 / Sq Ft View Prior Sale
05/16/2014 05/16/14 Pending -- -- --
Source: MLS Of Yakima Association Of REALTORS®

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 $3,171 $290,900 $60,800 $230,100
2023 $3,489 $246,500 $40,700 $205,800
2022 $3,011 $228,300 $40,700 $187,600
2021 $2,739 $198,200 $40,700 $157,500
2019 $2,141 $150,500 $40,700 $109,800
2014 $1,870 $124,200 $40,600 $83,600
2013 $1,870 $124,200 $40,600 $83,600
Source: Public Records

Agents Affiliated with this Home

  • Peter & Marie Welch

    Seller's Agent in 2023

    Peter & Marie Welch

    John L Scott Yakima

    (509) 985-3995

    11 in this area

    112 Total Sales

    Peter & Marie Welch
    Section Image

  • B

    Buyer's Agent in 2023

    Beverly Heaverlo

    Coldwell Banker Cascade Real Estate

    (509) 945-9868

    4 in this area

    25 Total Sales

    Beverly Heaverlo
    Section Image

  • J

    Seller's Agent in 2019

    Jaymie Doll

    Keller Williams Yakima Valley

    (509) 386-2375

    17 Total Sales

    Jaymie Doll
    Section Image
  • Sharri Greene

    Seller's Agent in 2014

    Sharri Greene

    Berkshire Hathaway HomeServices Central Washington Real Estate

    (509) 952-9839

    16 in this area

    154 Total Sales

    Sharri Greene
    Section Image

  • T

    Buyer's Agent in 2014

    Teresa Renderos

    Realty One Group Traditions

    (509) 833-7730

    11 Total Sales

    Teresa Renderos
    Section Image
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Map

Source: MLS Of Yakima Association Of REALTORS®

MLS Number: 23-784

MLS Of Yakima Association Of REALTORS®

APN: 191321-11426

Washington Yakima County Yakima 98901

116 S 40th St, Yakima, WA

Not Listed for Sale

Detached

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