NOT LISTED FOR SALE

1309 Farrell Ln Richland, WA 99354

7 Beds
5 Baths
3,500 Sq Ft
9,148 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $389,000 $111 Per Sq Ft

2 Days on Market

About This Home

As of October 2020

Great rental property with 3 well maintained units centrally located near Kadlec Hospital, downtown retail stores and much more. 2 units are occupied with great tenants and one vacant unit. Great rental history, always rented to quality tenants. There are two 3 bedroom, 1.5 bathroom units upstairs with living room, dining room, kitchen, dishwasher, range oven, refrigerator, plenty of extra storage and washer/dryer hookups. The third unit is very spacious with kitchen/dining area, living room, 1 bedroom, a 3/4 bathroom with washer & dryer hookup. Newer roof, electrical panels, sewer mainline to the street and much more. Recent updates throughout the units include newer carpets, engineered hardwood flooring, paint, some appliances and much more. Off street parking, 2 storage sheds, covered patio and large backyard for your tenants to enjoy. Monthly rental income of $3245 now that unit A is being advertised for $1,350 per month. This property pencils very well even with below market rents. Buyer to verify all information. Call your favorite Realtor for your own private viewing.

Last Agent to Sell the Property

Thadd Williams

Retter and Company Sotheby's License #89952 Listed on: 09/26/2020

Retter and Company Sotheby's

Co-Listed By

Kristeen Williams

Retter and Company Sotheby's License #132175

Last Buyer's Agent

Andrew Lybbert

Lybbert Fielding Real Estate License #21015512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 1944

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 84x114

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,104

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Tri-Plex
  • Year Built: 1944
  • Street Road Information: Paved
  • Headline: Richland Tri-Plex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Flooring: Carpet(s), Drapes/Curtains/Blinds, Extra Storage, Room-Family, Utility Room, Laminate
  • Bedrooms: 7
  • Total Bathrooms: 5
  • Basement Type: Full, Egress Windows
  • Below Grade Sq Ft: 1175
  • Finished Sq Ft: 3500
  • Total Sq Ft: 3525
  • Price Per Sq Ft: 110.35

Exterior Features

  • Exterior Features: Bldg/Storage, Patio/Covered
  • Roof: Composition Shingle
  • Building Exterior Siding: Vinyl
  • Foundation Construction: Concrete

Garage/Parking

  • Garage Parking: Off Street Spaces

Utilities

  • Air Conditioner: Central Air
  • Water Sewer: Public Water, Sewer Connected
  • Heating: Forced Air
  • Utilities Electricity: Appl-Electric

Schools

  • School District: RICHLAND

Lot Info

  • Irrigation System: UGS
  • Lot Dimensions: 84X114
  • Number Of Acres: 0.21
  • Property Description: Loc in City Limits
  • Zoning Type: MULTI-FAMILY RE
  • Irrigation Water Source: City Water

Tax Info

  • Annual Taxes: 3104

Multi Family

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

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

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $389,000 +9.3% $111 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $355,900 0.0% $102 / Sq Ft
08/14/2019 08/14/19 Rented $795 0.0% --
08/05/2019 08/05/19 For Rent $795 0.0% --
08/01/2019 08/01/19 Rented $795 0.0% --
07/08/2019 07/08/19 For Rent $795 0.0% --
06/24/2019 06/24/19 Rented $795 0.0% --
06/10/2019 06/10/19 Price Changed $795 -6.5% $1 / Sq Ft
04/30/2019 04/30/19 For Rent $850 -29.2% --
05/17/2018 05/17/18 Rented $1,200 -11.1% --
05/17/2018 05/17/18 Under Contract -- -- --
03/21/2018 03/21/18 For Rent $1,350 +69.8% --
05/09/2017 05/09/17 Rented $795 -6.5% --
05/09/2017 05/09/17 Under Contract -- -- --
04/20/2017 04/20/17 For Rent $850 +13.3% --
06/14/2016 06/14/16 Rented $750 0.0% --
06/14/2016 06/14/16 Under Contract -- -- --
06/06/2016 06/06/16 For Rent $750 +30.4% --
08/07/2013 08/07/13 Rented $575 -3.4% --
08/07/2013 08/07/13 Under Contract -- -- --
06/06/2013 06/06/13 For Rent $595 +3.5% --
06/29/2012 06/29/12 Rented $575 0.0% --
06/29/2012 06/29/12 Under Contract -- -- --
06/27/2012 06/27/12 For Rent $575 -- --
Source: Pacific Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pacific Regional MLS

MLS Number: 248952

Pacific Regional MLS

APN: 102983020704016