NOT LISTED FOR SALE

1439 Kimball Ave Richland, WA 99354

Estimated Value: $437,000 - $523,000

6 Beds
4 Baths
3,000 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $400,000 $133 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,828/month

3 Days on Market

Highlights

  • Cooling Available
  • Garage
  • 4-minute walk to Stevens Park

About This Home

As of July 2021

MLS# 253191 Incredible Investment Opportunity at 6.5% Cap Rate! Completely updated "A" duplex in Central Richland! Updated and remodeled inside and out. One side has 4 BR 2 BA, other has 3 BR 2 BA plus both have finished basements (opportunity to add a fourth bedroom for 1437 side). Laminate wood floors, vinyl windows, updated electrical, plumbing, and siding. New exterior and interior paint. New doors and trim. Updated and remodeled kitchens and bathrooms. Both sides have mini split heat and cooling in bedrooms and main living areas. Plenty of off-street parking. 1439 side also has one-car garage. Partially fenced backyard. Both units offer shed/outdoor storage.

Last Agent to Sell the Property

Kellen Adcock

1Triple7-1.777% / HomeSmart Elite Brokers License #116310 Listed on: 04/22/2021

1Triple7-1.777% / HomeSmart Elite Brokers

Last Buyer's Agent

Marisol Tijerina

RE/MAX Northwest REALTORS License #94174

RE/MAX Northwest REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1944

Lot Details

  • 0.26

Home Design

  • 3,000 Sq Ft Home
  • Duplex
  • Composition Shingle Roof

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Garage
  • Off-Street Parking

Additional Features

  • 0.26 Acre Lot
  • Cooling Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,071

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Year Built: 1944
  • Street Road Information: Curbs, Paved, Sidewalks, Street Lights
  • Headline: Richland "A" Duplex!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Interior Flooring: Carpet(s), Dining-Kitchen/Combo, Drapes/Curtains/Blinds, Utility Room, Windows-Double, Windows-Vinyl, Laminate, Vinyl
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Basement Type: Full, Non Egress Windows, Unfinished, Inside Entrance
  • Below Grade Sq Ft: 1200
  • Finished Sq Ft: 3000
  • Total Sq Ft: 3600
  • Percentage Of Finished Be: 51%-75%

Exterior Features

  • Roof: Composition Shingle
  • Foundation Construction: Concrete

Garage/Parking

  • Garage Type: Garage
  • Garage Parking: Garage-1 Car, Off Street Spaces
  • Garage Per Unit: One-Car

Utilities

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

Lot Info

  • Lot Dimensions: IRR
  • Lot Sq Ft: 11108
  • Number Of Acres: 0.26
  • Property Description: Loc in City Limits, Plat Recorded
  • Zoning Type: MULTI-FAMILY RE

Tax Info

  • Annual Taxes: $2,746.85

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 6, 2021
Sold by
Rhoten Richard B and Rhoten Lindsey L
Bought by
Barbosa Cindy Noemi and Puga Lara Ana
Seller's Agent
Kellen Adcock
1Triple7-1.777% / HomeSmart Elite Brokers
Buyer's Agent
Marisol Tijerina
RE/MAX Northwest REALTORS
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$473,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,030
Avg. Annual Appreciation
3.97%
Original Mortgage
$300,000
Outstanding Balance
$272,203
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,827

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 3, 2021
Sold by
Rojas Gilberto Barbosa and Puga Lara Ana
Bought by
Barbosa Cindy Noemi and Puga Lara Ana
Seller's Agent
Kellen Adcock
1Triple7-1.777% / HomeSmart Elite Brokers
Buyer's Agent
Marisol Tijerina
RE/MAX Northwest REALTORS
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$272,203
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,827

Purchase Details

Closed on
Jun 2, 2011
Sold by
Rhoten Kerry R and Rhoten Gaylene M
Bought by
Rhoten Richard B and Rhoten Linsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,577
Interest Rate
4.75%
Mortgage Type
FHA
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
Barbosa Cindy Noemi $400,000 Ticor Title Company
Barbosa Cindy Noemi -- None Available
Rhoten Richard B $135,000 Cascade Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbosa Cindy Noemi $300,000
Previous Owner Rhoten Richard B $131,577
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2021 07/07/21 Sold $400,000 -3.6% $133 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $415,000 -- $138 / 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 $4,071 $475,970 $50,000 $425,970
2023 $4,071 $434,410 $50,000 $384,410
2022 $3,543 $372,080 $50,000 $322,080
2021 $2,747 $320,130 $50,000 $270,130
2020 $2,909 $237,790 $50,000 $187,790
2019 $2,451 $238,210 $24,000 $214,210
2018 $2,331 $216,050 $24,000 $192,050
2017 $2,048 $171,730 $24,000 $147,730
2016 $2,019 $171,730 $24,000 $147,730
2015 $2,057 $171,730 $24,000 $147,730
2014 -- $171,730 $24,000 $147,730
2013 -- $171,730 $24,000 $147,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pacific Regional MLS

MLS Number: 253191

Pacific Regional MLS

APN: 102983020717010