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367 Cottonwood Drive

367 Cottonwood Drive, Richland, WA 99352
Property in Benton
Sold Jan 28, 2022
$12,531
$245,000 by Reliance First Capital Llc
Mortgage Due Jun 01, 2052
Sold Jul 01, 2015
$169,719
$161,500 by Homestreet Bank
Mortgage Due Jul 01, 2045
367 Cottonwood Drive in Richland, WA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 367 Cottonwood Drive has 2,516 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,797 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 367 Cottonwood Drive sold most recently in Jan 21, 2022 for a total of $12,531. If you work out the math, that's approximately a cost of $4.98 per sqft. Before that, the property was also sold for $169,719 in Jun 29, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,558 in taxes each year. 367 Cottonwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $303,660. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $253,660. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Lot Size Frontage Feet: 60
  • Total Building Area: 2,516
  • Gross Building Area: 2,606
  • Building Area: 2,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLUMBIA HEIGHTS ADDITION
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: COLUMBIA HEIGHTS ADDITION BLOCK 169 LOT 14

Ownership

  • Current Owner : WOOD REBECCA LEA
  • Previous Owner : ALLEN WOOD JOSHUA
  • Owner Before Previous Owner: MCVAY ERIK
  • Owner Before Previous Owner 2: MCVAY DARCI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richland School District
  • Census Tract: 010300

Geography

  • Parcel: 115982030169014
  • Block: 169
  • Lot: 14
  • Municipality: R-400-PB
  • Latitude: 46.2667
  • Longitude: -119.299

    Address

  • Full Address: 367 Cottonwood Dr
  • Address - House Number: 367
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Richland
  • Carrier Code: C014
  • 4-Digit Zip Code: 4021
  • Zip Code: 99352

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,558
  • Tax Rate Code Area: R1

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 373,305
  • High Value: 430,437
  • Low Value: 316,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: RELIANCE FIRST CAPITAL LLC
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $245,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $303,660
  • Market Land Value: $50,000
  • Market Improvement Value: $253,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,660
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $253,660

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 28, 2022
  • Current Sale Transaction ID: 11878849009
  • Current Sale Price: $12,531
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 3499
  • Previous Sale Recording Date: Jul 01, 2015
  • Previous Sale Contract Date: Jun 29, 2015
  • Previous Sale Amount: $169,719
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTREET BANK
  • Previous Mortgage Transaction Date: Jul 01, 2015
  • Previous Mortgage Loan Amount: $161,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Richland



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Unit for rent at 409 Benham St, Richland, WA, 99352

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409 Benham St #409 Benham St. - 409 Banham St. #D, Richland, WA, 99352 Listing by Manager

Frequently Asked Questions

What neighborhood is 367 Cottonwood Drive located in?
The 367 Cottonwood Drive is a located in the neighborhood of Benton in Richland, Richland.
What is the average sales price for listings in 367 Cottonwood Drive?
The average sales price for units in 367 Cottonwood Drive is $0 currently.

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