NOT LISTED FOR SALE

1204 W Franklin St Moses Lake, WA 98837

Estimated Value: $408,002 - $514,000

6 Beds
4 Baths
2,605 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $275,000 $106 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,900/month

375 Days on Market

Highlights

  • Territorial View
  • Central Air
  • 1-Story Property
  • Patio
  • Wall to Wall Carpet

About This Home

As of March 2018

Attention Investors. Here is your opportunity to own a well-maintained one-level duplex with desirable 3 bedroom, 2 bath floor plans. Attached garages. Excellent rental history. One owner. Located near fairgrounds, baseball sports complex, dog park, and Home Depot. Quick access to Highway 17. Rental properties are in high demand in Moses Lake due to a robust economy.

Co-Listed By

Jay Kincaid

Windermere RE K-2 Realty License #105228

Windermere RE K-2 Realty

Last Buyer's Agent

Jennifer Kron

Moses Lake Realty Group License #129766

Moses Lake Realty Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1072949

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 2008

Lot Details

  • 8,000 Sq Ft Lot
  • Sprinkler System
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,605 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Patio

Schools

  • Moses Lake High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Field Of Dreams Condos
  • Moses Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 091415504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,545

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2008
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Field of Dreams
  • New Construction: No
  • CalculatedSquareFootage: 2605
  • Special Features: None
  • Cumulative Days on Market: 546

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: GC PUD
  • SewerCompany: City of ML
  • WaterCompany: City of ML
  • WaterSewerGarbage: 2703

Schools

  • Junior High Dist: Moses Lake
  • High School: Moses Lake High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 091415504
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio,Sprinkler System
  • MLSLotSizeSource: County Records
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 25140
  • Net Operating Income: 18062
  • Number Of Units Total: 2
  • Insurance Expense: 554
  • Leasable Area: 2605
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3545

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Feb 27, 2018
Sold by
Melekai Ronelle Joy Kolohe Makalea and Armstrong Ronelle J
Bought by
Crosetto Deborah Ann Clark and Deborah Clark Crosetto Trust
Buyer's Agent
Jennifer Kron
Moses Lake Realty Group
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Current Estimated Value
$465,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,751
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Dec 11, 2008
Sold by
Smart Homes Inc
Bought by
Armstrong Ronelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2007
Sold by
Crawford Jerry T
Bought by
Smart Homes Inc
Source: Public Records

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Range of Values:

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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
Crosetto Deborah Ann Clark $275,000 Stewart Title
Armstrong Ronelle J $269,000 Stewart-Security Title Guara
Smart Homes Inc -- Security Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Ronelle $213,350
Previous Owner Armstrong Ronelle J $215,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2018 03/05/18 Sold $275,000 0.0% $106 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
11/30/2017 11/30/17 Off Market $275,000 -- --
06/22/2017 06/22/17 For Sale $290,000 0.0% $111 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/20/2017 04/20/17 Price Changed $290,000 -1.7% $111 / Sq Ft
02/01/2017 02/01/17 For Sale $295,000 -- $113 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $3,663 $303,820 $27,500 $276,320
2023 $3,451 $299,995 $27,500 $272,495
2022 $3,675 $299,995 $27,500 $272,495
2021 $3,193 $299,995 $27,500 $272,495
2020 $3,152 $249,470 $27,500 $221,970
2019 $3,603 $241,970 $20,000 $221,970
2018 $3,211 $206,470 $20,000 $186,470
2017 $3,545 $227,190 $20,000 $207,190
2016 $2,859 $182,455 $37,500 $144,955
2013 -- $182,455 $37,500 $144,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1072949

Northwest Multiple Listing Service (NWMLS)

APN: 091415504