NOT LISTED FOR SALE

1431 Johnston Ave Richland, WA 99354

Estimated Value: $464,160 - $542,000

6 Beds
3 Baths
1,175 Sq Ft
$425/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $349,900 $298 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,988/month

4 Days on Market

About This Home

As of October 2020

Calling all Investors! This historical "A" Home can give you 2 rental incomes! This wonderful home features a potential of 6 totalbedrooms and 3.25 baths. The bottom level features a full 2nd Living Quarters with a private separate entrance but also can beaccessible from the inside of home. This spacious 2nd Living quarters features a living space, a large bedroom, an extra room which canbe used as storage or a future bedroom, 3/4 Bathroom and a Kitchenette. Kitchenette has brand new walls, freshly paint ,new flooring,brand new cabinets, counter tops, and sink. There is also a 2nd Laundry area in this level, it also has 2nd mailing address! Main homefeatures 4 Bedrooms and 2 full bathrooms, a renovated Kitchen and almost everything is only 2 years new. Electrical Panel, Furnace andHeat Pump are only 2 years old! There is outdoor parking for both units. and RV or Boat parking in the backyard! This is a great homewith so much to offer! Schedule a private tour today before its sold!

Last Agent to Sell the Property

Eliana Diaz

Windermere Group One/Tri-Cities License #130721 Listed on: 08/11/2020

Windermere Group One/Tri-Cities

Last Buyer's Agent

Peggy Beecher

RE/MAX Horizon License #24015316

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1949

Lot Details

  • 9,104

Home Design

  • 1,175 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,316

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Year Built: 1949
  • Headline: 2nd Living Quarters! Get 2 Rental Incomes!
  • Directions: N on George W Way, L on Torbett L on Johnston
  • Geo Address Line: 1431 Johnston Ave
  • Geo Longitude: -119.279568
  • Geo Primary City: Richland
  • Geo Quality: 0.95
  • OFFICELIST_STATE: WA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3+
  • Finished Sq Ft: 1175
  • Total Sq Ft: 3849

Lot Info

  • Zoning Type: MULTI-FAMILY RE

Tax Info

  • Annual Taxes: 3316.40
  • Tax Year: 2020

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 14, 2020
Sold by
Lucke Annie
Bought by
Duren Phillip and Lane Susan T
Seller's Agent
Eliana Diaz
Windermere Group One/Tri-Cities
Buyer's Agent
Peggy Beecher
RE/MAX Horizon
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$499,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,640
Avg. Annual Appreciation
7.27%
Original Mortgage
$279,920
Outstanding Balance
$248,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$250,566

Purchase Details

Listed on
Mar 10, 2018
Closed on
Jun 8, 2018
Sold by
Fraser Paul R
Bought by
Lucke Brandon L and Lucke Annie
Seller's Agent
Kuo-Ying Frenzel
Northwest Property Consortium
Buyer's Agent
Eliana Diaz
Windermere Group One/Tri-Cities
List Price
$279,900
Sold Price
$278,500
Premium/Discount to List
-$1,400
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$2,734,525
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2008
Sold by
Smith David G
Bought by
Fraser Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,650
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Duren Phillip $349,900 Ticor Title Company
Lucke Brandon L $324,007 First American Title Ins Co
Fraser Paul R $167,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duren Phillip $279,920
Previous Owner Lucke Brandon L $2,734,525
Previous Owner Fraser Paul R $158,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $349,900 0.0% $298 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $349,900 +25.6% $298 / Sq Ft
06/22/2018 06/22/18 Sold $278,500 -0.5% $75 / Sq Ft View Prior Sale
05/14/2018 05/14/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $279,900 -- $76 / 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 $4,318 $505,720 $50,000 $455,720
2023 $4,318 $461,260 $50,000 $411,260
2022 $3,747 $394,570 $50,000 $344,570
2021 $3,594 $338,990 $50,000 $288,990
2020 $3,316 $312,300 $50,000 $262,300
2019 $2,790 $272,150 $24,000 $248,150
2018 $2,643 $246,480 $24,000 $222,480
2017 $2,326 $195,140 $24,000 $171,140
2016 $2,293 $195,140 $24,000 $171,140
2015 $2,336 $195,140 $24,000 $171,140
2014 -- $195,140 $24,000 $171,140
2013 -- $195,140 $24,000 $171,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pacific Regional MLS

MLS Number: 247758

Pacific Regional MLS

APN: 102983020711010