Score
0Renton, WA
671 Pasco Place NE
1.2M
4 beds
3 baths
3,100 sqft
4 bd • 3 ba • 3,100 sf
This analysis was generated on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$1,188,000
Price/Sq.Ft
$383
Year Built
2002
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Meticulously maintained by original owners: The fact that the home has been meticulously maintained by its original owners suggests a high level of care and attention, reducing the likelihood of significant maintenance issues for the new buyers.
• Desirable East Renton location: The property is situated in the desirable East Renton area, known for its family-friendly environment, parks, and walking trails. This is a significant advantage for those seeking a suburban lifestyle.
• Proximity to highly-rated Issaquah schools: The property is located within the Issaquah School District, which boasts high ratings (e.g., Apollo Elementary 9/10, Maywood Middle 8/10, Liberty Sr High 9/10). This makes it highly appealing to families with school-aged children.
• Spacious 3,100 square feet: The large size of the home (3,100 sqft) provides ample living space, including 4 bedrooms, multiple living areas, and a 3-car garage, making it suitable for families and those who value spaciousness.
• Open floor plan: The light-filled, open floor plan is designed for comfort and entertaining, appealing to buyers who enjoy hosting gatherings and value a modern living space.
• Recent paint and upgrades: The recent interior and exterior paint enhance the property’s aesthetic appeal and suggests that the home is move-in ready.
• Functional features: The gas fireplace, chef's kitchen with a center island and breakfast nook, a king-size primary suite with a 5-piece bath and walk-in closet, a bonus area, and a patio with an automatic awning add to the functionality and desirability of the property.
The Bad
• Above-average price per square foot: At $383.23/sqft, this property is on the higher end compared to some other properties in Renton, which might deter some buyers seeking more value for their money. While the home is large, the price could be a concern for budget-conscious buyers.
• Home built in 2002: While well-maintained, the property is over 20 years old. This means that some systems and appliances may be nearing the end of their expected lifespan, potentially requiring replacements in the near future.
• Commute challenges: While the property is in East Renton, commuting to major employment centers in Seattle or Bellevue can be challenging during peak hours. This could be a major drawback for some buyers, particularly those working in those areas.
• Limited information on specific upgrades: While the listing mentions recent interior and exterior paint, it lacks specific details on other upgrades. This lack of transparency makes it challenging to assess the overall condition of the property and its systems.
• Generic property description: The property description, while highlighting positive aspects, is somewhat generic and doesn't provide specific details on unique features or recent improvements. This could make it difficult for potential buyers to differentiate the property from others.
The Ugly
• Severe air quality risk: The severe air quality risk (7/10) is a major concern. With 10 bad air days per year, this property may not be ideal for those with respiratory sensitivities or general health concerns. This risk could also affect future resale value.
• High estimated insurance cost: The estimated annual insurance cost of $4,276.8 is significantly higher than average for the region. This cost could add a substantial amount to the monthly ownership expenses.
• 251.7% price increase since 2002: While significant appreciation is generally positive, the 251.7% increase in value since 2002 may indicate that the property is currently priced at the higher end of its potential, which might affect future appreciation potential.
• Potential for traffic noise: Given Renton's proximity to the Boeing factory and Renton Municipal Airport, there is a potential for noise issues, especially for those sensitive to aircraft noise. The listing does not explicitly address this, so it should be investigated by potential buyers.
• Limited information on foundation and drainage: The description does not detail the foundation type or drainage systems. Given Renton's hilly terrain, these are critical factors to assess, and potential buyers should conduct a thorough inspection to avoid costly issues down the road.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Families with school-aged children: The property's location within the Issaquah School District, with highly-rated schools (Apollo Elementary 9/10, Maywood Middle 8/10, Liberty Sr High 9/10) within a 2-mile radius, makes it ideal for families prioritizing education.
• Buyers seeking a move-in ready home: The recent interior and exterior paint, coupled with the property's meticulous maintenance by the original owners, indicates that it's ready for immediate occupancy without needing major renovations.
• Homeowners desiring a spacious layout: With 3,100 square feet, 4 bedrooms, and multiple living areas including a formal living & dining, a family room, and a bonus room, this home offers ample space for comfortable living and entertaining.
• Professionals working in the Eastside tech corridor: The location in East Renton provides relatively convenient access to major tech hubs in Issaquah, Bellevue, and Redmond, while offering a suburban living environment.
• Buyers comfortable with a suburban environment: The Windwood neighborhood, with its parks and walking trails, provides a family-friendly, suburban atmosphere, suitable for those who prefer a quieter setting than a bustling urban core.
Not For
• Buyers with budget constraints: The price of $1,188,000 is significantly above the median home price in many areas, and the price per square foot of $383.23 is also higher than average for the broader Seattle metro area. This likely excludes buyers with lower budgets.
• Buyers sensitive to air quality issues: The property has a severe air quality risk score of 7/10, with an average of 10 bad air days per year. This makes the property less ideal for individuals with respiratory sensitivities or concerns about air pollution.
• Buyers prioritizing urban amenities: While Renton offers a suburban environment, it may not be suitable for buyers who prioritize immediate access to the urban amenities of downtown Seattle or Bellevue. Commuting to those areas can be challenging, especially during peak hours.
• Buyers looking for a low-maintenance home: While the home is described as well-maintained, the 3-car garage and large lot will still require ongoing maintenance, which can be time-consuming and expensive. Buyers seeking a low-maintenance option may find this property less attractive.
• Buyers seeking a newer home: While the property is well-maintained, it was built in 2002. Buyers looking for the newest construction with modern features might find it less appealing than newly built options.
Demographics
Area Median Income
$113,618
Property History
Price History
Ownership Timeline
$0Cash Purchase
Aug 1, 2002Louise Yin Lee ChanHoi Ching Chan, Louise Yin Lee Chan
Intrafamily Transfer
Non-Arm's Length Transactions
$337,790Cash Purchase
Jun 25, 2002Centex HomesLouise Yin Lee Chan
Warranty Deed
New Construction Residential Transactions
Property Taxes
$8,344
2023 Tax Assessment
10.2%from previous year
Assessed Value$838,000
Tax Rate1.00%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
9.0/10
ExcellentMiddle
8.0/10
ExcellentHigh
9.0/10
ExcellentFinancials
Monthly Costs
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$1,188,000
Price/sqft
$383
Layout
4 bd•3 ba
Days on market
4 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$1,077,667
10.2%
Your price is 10.2% above average
Median Price
$1,190,000
0.2%
Based on 6 recent sales
Price per Sq.Ft
$356
7.6%
Your price is 7.6% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 5132 NE 9th Place, Renton, WA 98059 | $1,145,000 | 3,050 | 5 | 3 | $3752.0% | 10/11/2024 |
| 780 Ilwaco Place NE, Renton, WA 98059 | $1,190,000 | 3,200 | 4 | 3 | $3723.0% | 10/3/2024 |
| 611 Field Place NE, Renton, WA 98059 | $1,250,000 | 3,083 | 4 | 3 | $4055.8% | 9/12/2024 |
| 5807 NE 1st Street, Renton, WA 98059 | $1,098,000 | 2,810 | 3 | 3 | $3912.0% | 10/10/2024 |
| 4301 NE 7th Place, Renton, WA 98059 | $518,000 | 3,060 | 5 | 3 | $16955.8% | 9/6/2024 |
| 5414 NE 13th Street, Renton, WA 98059 | $1,265,000 | 2,970 | 5 | 3 | $42611.1% | 9/6/2024 |
5132 NE 9th Place, Renton, WA 98059
Price: $1,145,000
Sq.Ft: 3,050
Beds/Baths: 5/3
$/Sq.Ft:
$3752.0%
Sale Date: 10/11/2024
780 Ilwaco Place NE, Renton, WA 98059
Price: $1,190,000
Sq.Ft: 3,200
Beds/Baths: 4/3
$/Sq.Ft:
$3723.0%
Sale Date: 10/3/2024
611 Field Place NE, Renton, WA 98059
Price: $1,250,000
Sq.Ft: 3,083
Beds/Baths: 4/3
$/Sq.Ft:
$4055.8%
Sale Date: 9/12/2024
5807 NE 1st Street, Renton, WA 98059
Price: $1,098,000
Sq.Ft: 2,810
Beds/Baths: 3/3
$/Sq.Ft:
$3912.0%
Sale Date: 10/10/2024
4301 NE 7th Place, Renton, WA 98059
Price: $518,000
Sq.Ft: 3,060
Beds/Baths: 5/3
$/Sq.Ft:
$16955.8%
Sale Date: 9/6/2024
5414 NE 13th Street, Renton, WA 98059
Price: $1,265,000
Sq.Ft: 2,970
Beds/Baths: 5/3
$/Sq.Ft:
$42611.1%
Sale Date: 9/6/2024
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