NOT LISTED FOR SALE

525 Summerview Ln Unit Lot21 Richland, WA 99352

Estimated Value: $810,576 - $940,000

0.37 Acre
$2,377,416 Price per Acre
16,117 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $145,000

Est. 507% increase in value since last sale

Current estimated payment $5,528/month

14 Days on Market

About This Lot

As of January 2020

This home is located at 525 Summerview Ln Unit Lot21, Richland, WA 99352 since 06 December 2019 and is currently estimated at $879,644. This property was built in 2021. 525 Summerview Ln Unit Lot21 is a home located in Benton County with nearby schools including Orchard Elementary School, Enterprise Middle School, and Richland High School.

Last Agent to Sell the Property

Khea Longan

Windermere Group One/Tri-Cities License #108527 Listed on: 12/06/2019

Windermere Group One/Tri-Cities

Last Buyer's Agent

Jared Retter

Retter and Company Sotheby's License #82022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,084

Year Built

  • 2021

Lot Details

  • 0.37 Acre Lot
  • Property fronts a state road
  • Irrigation

Property Details

Property Type

Land

Est. Annual Taxes

$7,084

Year Built

2021

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Residential
  • Unit Space Number: Lot21
  • Street Road Information: Curbs, Paved, Unimproved, State/County Highway
  • Lvt Date: 12/06/2019
  • Headline: Great South Richland Location
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Price Per Sq Ft: 391891.89

Utilities

  • Water Sewer: Public Water

Lot Info

  • Number Of Acres: 0.37
  • Property Description: Apprvd Plat Map, Located in County, No ManufHomes, Plat Recorded, Recorded Plat Map
  • Zoning Type: SINGLE FAMILY R
  • Irrigable Acres: .37
  • Irrigated: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Chen Xingyuan
Bought by
Drake Jennifer and Drake Darren
Total Days on Market
14
Current Estimated Value
$879,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$549,105
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$330,539

Purchase Details

Listed on
Dec 6, 2019
Closed on
Jan 31, 2020
Sold by
Viking Builders Llc
Bought by
Chen Xingyuan
Seller's Agent
Khea Longan
Windermere Group One/Tri-Cities
Buyer's Agent
Jared Retter
Retter and Company Sotheby's
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.07%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Drake Jennifer $750,000 Stewart Title
Chen Xingyuan $171,852 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Jennifer $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $145,000 0.0% --
12/20/2019 12/20/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $145,000 -- --
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 $7,084 $695,430 $80,000 $615,430
2023 $7,084 $761,440 $80,000 $681,440
2022 $5,448 $612,380 $80,000 $532,380
2021 $930 $493,490 $80,000 $413,490
2020 $983 $80,000 $80,000 $0
2019 $0 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Khea Longan

    Seller's Agent in 2020

    Khea Longan

    Windermere Group One/Tri-Cities

    (509) 380-4834

    104 Total Sales

    Khea Longan
    Section Image
  • Jared Retter

    Buyer's Agent in 2020

    Jared Retter

    Retter and Company Sotheby's

    (509) 528-7006

    274 Total Sales

    Jared Retter
    Section Image
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Map

Source: Pacific Regional MLS

MLS Number: 242329

Pacific Regional MLS

APN: 134981060000021

Washington Benton County Richland 99352

525 Summerview Ln Unit Lot21, Richland, WA

This home is located at 525 Summerview Ln Unit Lot21, Richland, WA 99352 since 06 December 2019 and is currently estimated at $879,644. This property was built in 2021. 525 Summerview Ln Unit Lot21 is a home located in Benton County with nearby schools including Orchard Elementary School, Enterprise Middle School, and Richland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pacific Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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