NOT LISTED FOR SALE

1137 W Gem Ave Moses Lake, WA 98837

Estimated Value: $326,000 - $350,000

5 Beds
4 Baths
1,700 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $275,990 $162 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,158/month

7 Days on Market

Highlights

  • Eat-In Kitchen
  • Bungalow
  • Level Lot
  • Cooling Available
  • Laundry Facilities
  • Wood Siding

About This Home

As of October 2021

Investor Opportunity! Tri-Plex on Large Lot, main unit 3 bd 1 ba 1 1/2 story, and 2# 1 bd 1 bath units in basement have shared entry on southside, shared laundry room with washer & dryer, community backyard fenced , alley access with parking and side driveway, plus street parking, newer roof, PUD package done, AC just updated, long time tenants with good rental history, storage shed (listing broker is related to seller)

Last Agent to Sell the Property

Gary Grant

C-21 Kelly Davis License #25233 Listed on: 07/28/2021

Last Buyer's Agent

MISC MISC

Edwards Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Open Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Alley Access
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • Cooling Available
  • Heating Available
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 091708000

Community Details

Building Details

  • Insurance Expense $927
  • Other Expense $1,140
  • Water Sewer Expense $2,968

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,207

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1950
  • Style Of Construction: 2 Story
  • Lvt Date: 07/29/2021
  • Common Interest Community: No
  • Geo Address Line: 1137 W Gem Ave
  • Geo Primary City: Moses Lake
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/29/2021 11:29:03 PM
  • Geo Zoom Level: 15
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 1700
  • Price Per Sq Ft: 162.35
  • Number of Stories: 2
  • Basement: Full, Finished, Outside Entr
  • Basement: Yes
  • Special Features: Vinyl Wn Fr, Multi Pn Wn
  • Design: Bungalow
  • Dining Room: Kit Eat Sp
  • Features: 200 AMP, Breakers
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 1st Flr
  • Number of Ranges: 3
  • Number of Refrigerators: 3

Exterior Features

  • Exterior: Brk Accent, Wood
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Slab, Off St Prkg, Alley Access
  • Garage Size: 0
  • Number Parking Spaces: 6

Utilities

  • Heating/Cooling: Elec
  • Power Company: PUD
  • Water Company: Moses lake

Condo/Co-op/Association

  • Common Amenities: Lndry

Lot Info

  • Acres Mol: 0.17
  • Estimated Lot Sq Ft: 7500
  • Lot Information: Fncd Bk Yd, Level, Open
  • Parcel Number: 091708000
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Taxes: 2207

Multi Family

  • Number Air Cond: 1
  • Number Of Units: 3
  • Number Units A: 1
  • Number Units B: 1
  • Number Units C: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 6, 2021
Sold by
Keene Laura K and Keene Ryan
Bought by
Keene Ryan
Seller's Agent
Gary Grant
C-21 Kelly Davis
Buyer's Agent
MISC MISC
Edwards Real Estate Group
List Price
$289,500
Sold Price
$275,990
Premium/Discount to List
-$13,510
-4.67%
Current Estimated Value
$341,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,168
Avg. Annual Appreciation
7.52%
Original Mortgage
$206,992
Outstanding Balance
$190,794
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$170,144

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 5, 2021
Sold by
Foy Robert L and Foy Cynthia A
Bought by
Keene Ryan and Zettle Lucas
Seller's Agent
Gary Grant
C-21 Kelly Davis
Buyer's Agent
MISC MISC
Edwards Real Estate Group
List Price
$289,500
Sold Price
$275,990
Premium/Discount to List
-$13,510
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,992
Outstanding Balance
$190,794
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$170,144

Purchase Details

Closed on
May 12, 2005
Sold by
Loewen Rob and Loewen Evi
Bought by
Foy Robert L and Foy Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Keene Ryan -- Frontier Title & Escrow Co
Keene Ryan $275,990 Frontier Title & Escrow
Foy Robert L $96,000 Security Title Guara
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keene Ryan $206,992
Previous Owner Foy Robert L $120,000
Previous Owner Foy Robert $89,500
Previous Owner Foy Robert L $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $275,990 -4.7% $162 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $289,500 -- $170 / Sq Ft
Source: Spokane Association of REALTORS®

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 $3,098 $266,202 $62,500 $203,702
2023 $2,688 $195,355 $25,000 $170,355
2022 $2,356 $195,355 $25,000 $170,355
2021 $2,231 $195,355 $25,000 $170,355
2020 $2,207 $178,770 $25,000 $153,770
2019 $2,290 $155,990 $25,000 $130,990
2018 $2,134 $134,130 $25,000 $109,130
2017 $2,097 $134,130 $25,000 $109,130
2016 $1,786 $113,755 $21,600 $92,155
2013 -- $113,755 $21,600 $92,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202119728

Spokane Association of REALTORS®

APN: 091708000