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314 South Reed Street

314 South Reed Street, Kennewick, WA 99336
Property in Benton
Sold Jan 06, 2022
$331,000
$314,450 by Summit Funding Inc
Mortgage Due Jan 01, 2052
Local assessors in Kennewick, WA have categorized 314 South Reed Street as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 9,740 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 314 South Reed Street has a total of 1,755 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 27, 2021 for $331,000. That's $188.60 per sqft. 314 South Reed Street was last assessed in 2023. The total value of the property was assessed at $295,570. Specifically, the land the property is located on was valued at $70,000. While improvements on the property were assessed at a total of $225,570. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,772. The initial tax year of delinquency was in 2023. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,740
  • Total Building Area: 1,755
  • Gross Building Area: 1,980
  • Building Area: 1,755
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,755
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDER PARK #2
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: HIGHLANDER PARK #2, BLOCK 1, LOT 3:

Ownership

  • Current Owner : HERNANDEZ GEIDE CABRERA
  • Current Owner 2: HERNANDEZ WENDY CABRERA
  • Previous Owner : CARDONA JUAN M
  • Previous Owner 2: CARDONA TARA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Kennewick School District
  • Census Tract: 011002

Geography

  • Parcel: 103892100001003
  • Block: 1
  • Lot: 3
  • Municipality: K-17-KH-PK-L-KLB
  • Latitude: 46.207
  • Longitude: -119.176

    Address

  • Full Address: 314 S Reed St
  • Address - House Number: 314
  • Street Direction: S
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: WA
  • City Name: Kennewick
  • Carrier Code: C038
  • 4-Digit Zip Code: 4264
  • Zip Code: 99336

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,772
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: K1

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 371,471
  • High Value: 459,841
  • Low Value: 283,102

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $327,028
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $314,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052
  • Second Open Lien Mortgage Lender: WASHINGTON STATE HOUSING FIN
  • Second Open Lien Mortgage Recording Date: Jan 06, 2022
  • Second Open Lien Mortgage Loan Amount: $12,578
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $295,570
  • Market Land Value: $70,000
  • Market Improvement Value: $225,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,570
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $225,570

    Sales

  • Current Sale Contract Date: Dec 27, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11876698185
  • Current Sale Price: $331,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-000685

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $314,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052
  • Second Mortgage Lender: WASHINGTON STATE HOUSING FIN
  • Second Mortgage Transaction Date: Jan 06, 2022
  • Second Mortgage Loan Amount: $12,578
  • Second Mortgage Loan Due Date: Aug 30, 2025

About Kennewick



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Frequently Asked Questions

What neighborhood is 314 South Reed Street located in?
The 314 South Reed Street is a located in the neighborhood of Benton in Kennewick, Kennewick.
What is the average sales price for listings in 314 South Reed Street?
The average sales price for units in 314 South Reed Street is $0 currently.

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