Listed by The Paragon Group
NOT LISTED FOR SALE

724 W Ruby St Pasco, WA 99301

Pasco Area
-- Bed
-- Bath
7,392 Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: July 17, 2024

Last sale price $1,142,000 $154 Per Sq Ft

82 Days on Market

About This Home

As of July 2024

WORKFORCE LOCATION: Ideal workforce location in Pasco near Amazon Distribution Facilities, Darigold, and others. Property and neighborhood has sustained demand for Ruby8 with minimal vacancy for the past few years. VALUE-ADD POTENTIAL: Two units have been fully renovated and another two units partially renovated, proving market rents and property upside. NEIGHBORHOOD IMPROVEMENT: Tri-Cities Health acquired the property across the street with plans to convert it to additional parking, which will immediately improve the neighborhood and block. FLEXIBLE EXIT STRATEGY: Opportunity to split the two 4-plexes for acquisition and sales, capturing upside of residential financing and deep buyer pool for 4-unit investors.

Last Agent to Sell the Property

Mason Fiascone

The Paragon Group License #20115181 Listed on: 03/20/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2213101

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,467

Year Built

  • Built in 1977

Lot Details

  • 16,148 Sq Ft Lot
  • Lot Dimensions are 65x124.6
  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 7,392 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Utilities

  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Pasco Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113394211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,467

Year Built

Built in 1977

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 7392
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Foundation Details: Slab
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Pasco
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 113394211
  • Lot Size Acres: 0.3707
  • Lot Size: 65X124.6
  • Lot Size Sq Ft: 16148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.48
  • LeasedItems: None
  • TotalMonthlyIncome: 8915

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7467
  • AdditionalTaxIds: 113394220

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 1565
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 17, 2024
Sold by
Bought by
Seller's Agent
Mason Fiascone
The Paragon Group
List Price
$1,150,000
Sold Price
$1,142,000
Premium/Discount to List
-$8,000
-0.7%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,250
Outstanding Balance
$419,620
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 16, 2024
Sold by
Bought by
Seller's Agent
Mason Fiascone
The Paragon Group
List Price
$1,150,000
Sold Price
$1,142,000
Premium/Discount to List
-$8,000
-0.7%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,250
Outstanding Balance
$419,620
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 12, 2024
Sold by
Bought by
Seller's Agent
Mason Fiascone
The Paragon Group
List Price
$1,150,000
Sold Price
$1,142,000
Premium/Discount to List
-$8,000
-0.7%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,250
Outstanding Balance
$419,620
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.8%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pasco, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$571,000 Chicago Title
-- Chicago Title
$770,000 Cascade Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $428,250
Closed $428,250
Previous Owner $70,000
Previous Owner $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $1,142,000 -0.7% $154 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $1,150,000 0.0% $156 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $1,150,000 0.0% $156 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,150,000 -- $156 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,517 $658,700 $82,800 $575,900
2023 $5,346 $681,700 $52,100 $629,600
2022 $3,662 $411,800 $35,900 $375,900
2021 $3,103 $308,900 $35,900 $273,000
2019 $2,281 $224,500 $32,600 $191,900
2018 $2,577 $206,900 $25,000 $181,900
2017 $2,133 $171,400 $22,000 $149,400
2015 $2,020 $152,800 $20,000 $132,800
2013 -- $152,800 $20,000 $132,800
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2213101

Northwest Multiple Listing Service (NWMLS)

APN: 113-394-211

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