NOT LISTED FOR SALE

1606 Penny Ln Richland, WA 99352

Estimated Value: $683,000 - $803,000

4 Beds
2.5 Baths
2,660 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $495,000 $186 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,510/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Landscaped Professionally
  • Wood Flooring
  • Orchard Elementary School Rated A
  • Family Room with Fireplace
  • Bonus Room

About This Home

As of August 2019

Beautiful 4 bedroom 2.5 bathroom home located in desirable Lexington Heights in South Richland! Just minutes from the Orchard Elementary School this home offers so much! 4 possible bedrooms or 3 bedrooms and a den, 2.5 bathrooms, great room with vaulted ceilings & cozy gas fireplace w/ masonry surround, bright open kitchen featuring granite countertops, oversized island, designer 2-tone stain package on the custom cabinetry, stainless whirlpool appliances, wide plank hardwood flooring throughout entry, kitchen, dining- Large bonus room above the garage perfect for family/media room needs- Lavish, oversized master suite with oversized, 3-head full tile shower & dual vanities. This home has all the energy efficiency that comes with New Tradition Homes, energy star, built green certified with dual heating systems, tankless hot water system, & more- Huge 964sqft 3-car tandem garage is almost the size of a 4-car garage. Fully fenced and professionally landscaped yard with wrought iron fencing along the back of the lot to take full advantage of the views out the back of this stand alone lot. So well maintained and thoughtfully designed this home won’t last long! Please call today!

Last Agent to Sell the Property

Yuxia Wu

Professional Realty Services License #106859 Listed on: 06/17/2019

Professional Realty Services

Last Buyer's Agent

Jose Salazar

Coldwell Banker Tomlinson License #115142

Coldwell Banker Tomlinson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 2013

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x125
  • Fenced
  • Landscaped Professionally
  • Garden

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Shingle Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,660 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Furnace
  • Heating System Uses Gas
  • Gas Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,541

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style1: 1 Story w/ bonus room
  • Construction Type: Rock, Stucco
  • Ever Occupied: Yes
  • New: Existing Construction (Not New)
  • Street Road Info: Curbs, Sidewalks
  • Year Built: 2013
  • Headline: Location location location!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cook Top, Dishwasher, Garbage Disposal, Microwave Oven, Range/Oven
  • Fireplace Freestand Stove: 1, FP - Gas, In Family Room
  • Flooring: Carpet, Tile, Wood
  • Interior: Drapes/Curtains/Blinds, Ceiling Fan(s), French Doors
  • Windows: Windows - Double
  • Bedrooms: 4
  • Bedroom 1 Location: M
  • Bedroom 1 Size: 15x15
  • Bedroom 2 Location: M
  • Bedroom 2 Size: 11x12
  • Bedroom 3 Location: M
  • Bedroom 3 Size: 11x12
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: M
  • Dining Room Size: 12x11
  • Family Room: M
  • Family Room Size: 16x19
  • Kitchen: M
  • Kitchen Size: 10x15
  • Living Room: M
  • Living Room Size: 16x19
  • Den Study Location: M
  • Den Study Size: 11x11
  • Finished Sq Ft: 2660
  • Total Sq Ft: 2660
  • Price Per Sq Ft: 186.09

Exterior Features

  • Exterior Features: Fencing/Enclosed, Patio/Covered
  • Foundation Const: Crawl Space
  • Roof: Comp Shingle

Garage/Parking

  • Garage Capacity: Three
  • Garage Parking: Attached, Finished, 3 car

Utilities

  • Hvac: Forced Air, Gas - Heating, Furnace, Natural Gas, Electric - Cooling
  • Utilities: Appliances-Electric, Appliances-Gas, Cable, Electric, Gas
  • Water Sewer: Water - Public

Condo/Co-op/Association

  • Hoa Condo Fees: 230/yr

Schools

  • School District: Richland

Lot Info

  • Irrigation System: Entire Property, UGS Timed, Connected
  • Lot Dimensions: 100x125
  • Number Of Acres: 0.29
  • Property Description: Garden Area, Professionally Landscaped
  • Zoning Type: Residential

Tax Info

  • Annual Taxes: 4540.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 8, 2019
Sold by
Yang Xiu and Chen Cuiping
Bought by
Ngo Hung Le and Ngo Bich Nguyen
Seller's Agent
Yuxia Wu
Professional Realty Services
Buyer's Agent
Jose Salazar
Coldwell Banker Tomlinson
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Current Estimated Value
$738,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,410
Avg. Annual Appreciation
6.83%
Original Mortgage
$396,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2016
Sold by
Lenzi Jennifer and Lenzi Robert
Bought by
Yang Xiu and Chen Cuiping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2012
Closed on
Dec 21, 2012
Sold by
Lenzi Robert W
Bought by
Lenzi Jennifer M
Seller's Agent
Candie Bruchman
Windermere Group One/Tri-Cities
Buyer's Agent
Melissa Montgomery
RE/MAX Northwest REALTORS
List Price
$368,900
Sold Price
$380,443
Premium/Discount to List
$11,543
3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$356,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2012
Closed on
Dec 13, 2012
Sold by
New Tradition Homes Inc
Bought by
Lenzi Jennifer
Seller's Agent
Candie Bruchman
Windermere Group One/Tri-Cities
Buyer's Agent
Melissa Montgomery
RE/MAX Northwest REALTORS
List Price
$368,900
Sold Price
$380,443
Premium/Discount to List
$11,543
3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2009
Closed on
Aug 2, 2012
Sold by
Anderson Heights Development Llc
Bought by
New Tradition Homes Inc
Seller's Agent
Daniel Bruchman
Windermere Group One/Tri-Cities
Buyer's Agent
Daniel Bruchman
Windermere Group One/Tri-Cities
List Price
$74,000
Sold Price
$80,000
Premium/Discount to List
$6,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2659.63%
Original Mortgage
$276,600
Interest Rate
3.62%
Mortgage Type
Construction
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
Ngo Hung Le $575,882 First American Title Ins Co
Yang Xiu $407,000 Stewart Title Company
Lenzi Jennifer M -- Stewart Title Co 1
Lenzi Jennifer $386,276 Stewart Title Co 1
New Tradition Homes Inc $80,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Hung Le $373,450
Closed Ngo Hung Le $396,000
Previous Owner Yang Xiu $320,000
Previous Owner Lenzi Jennifer $356,250
Previous Owner New Tradition Homes Inc $276,600
Previous Owner New Tradition Homes Inc $276,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $495,000 -1.0% $186 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $499,900 +31.4% $188 / Sq Ft
01/21/2013 01/21/13 Sold $380,443 +375.6% $143 / Sq Ft
08/02/2012 08/02/12 Sold $80,000 -78.3% $30 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
05/28/2012 05/28/12 For Sale $368,900 +398.5% $139 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
09/16/2009 09/16/09 For Sale $74,000 -- $28 / 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 $5,938 $670,800 $85,000 $585,800
2023 $5,938 $637,320 $85,000 $552,320
2022 $5,190 $520,160 $85,000 $435,160
2021 $5,028 $469,950 $85,000 $384,950
2020 $5,385 $436,480 $85,000 $351,480
2019 $4,541 $442,250 $69,600 $372,650
2018 $4,681 $400,850 $69,600 $331,250
2017 $4,138 $345,640 $69,600 $276,040
2016 $4,517 $345,640 $69,600 $276,040
2015 $4,201 $345,640 $69,600 $276,040
2014 -- $313,640 $69,600 $244,040
2013 -- $313,640 $69,600 $244,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pacific Regional MLS

MLS Number: 238157

Pacific Regional MLS

APN: 127984060000008