NOT LISTED FOR SALE

1205 W Franklin St Moses Lake, WA 98837

Estimated Value: $355,732 - $470,000

2 Beds
4 Baths
2,166 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $272,000 $126 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,660/month

1 Day on Market

Highlights

  • Territorial View
  • Central Air
  • 1-Story Property
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of March 2020

Don't miss out on this Income Producing Property! Built in 2008 this tenant occupied duplex is rarely vacant (Since 11/2015 Unit A was only vacant 17 days and Unit B was never vacant. Monthly rental income $1,885. UGS, garage, off and on street parking. Each side of the duplex has 2 bedrooms (1 master w/ en-suite bath), 1.75 baths, HVAC, W/D and 1 car garage. Tenants require 24 hr notice for showings. Current property manager is GRQ Properties, LLC.

Last Agent to Sell the Property

Marianne Kirwan

National Real Estate Mgmt Grp. License #27634 Listed on: 02/20/2020

Last Buyer's Agent

Vivian Pantelich

John L. Scott, Inc. License #19926

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1566890

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 2008

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 79' x 107'x 79'x 107'
  • Sprinkler System
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,166 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Park Orchard Elementary School
  • Frontier Mid Middle School
  • Columbia Basin Alt H High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Field Of Dreams Major Plat Condos
  • Moses Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 091415510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,223

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: FIELD OF DREAMS MAJOR PLAT
  • New Construction: No
  • CalculatedSquareFootage: 2166
  • SOCComments: See Agent Remarks
  • Special Features: None
  • Cumulative Days on Market: 293

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Grant Co PUD
  • SewerCompany: City of Moses Lake
  • WaterCompany: City of Moses Lake
  • WaterSewerGarbage: 3228

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Moses Lake
  • High School: Columbia Basin Alt H
  • Middle Or Junior School: Frontier Mid

Lot Info

  • Parcel Number: 091415510
  • Lot Size Acres: 0.1837
  • Lot Size: 79' x 107'x 79'x 107'
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Sprinkler System
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1855

Multi Family

  • Gross Scheduled Income: 22260
  • Net Operating Income: 11990
  • Number Of Units Total: 6
  • Insurance Expense: 845
  • Leasable Area: 2166
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3223

MLS Schools

  • Elementary School: Park Orchard Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2008
Sold by
Smart Homes Inc
Bought by
Crossley Jonathan and Crossley Gretchen
Current Estimated Value
$428,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Outstanding Balance
$115,003
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$334,552

Purchase Details

Closed on
Oct 18, 2007
Sold by
Crawford Jerry T
Bought by
Smart Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
6.29%
Mortgage Type
Construction
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
Crossley Jonathan $254,900 Stewart-Security Title
Smart Homes Inc -- Security Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crossley Jonathan $171,000
Previous Owner Smart Homes Inc $181,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $272,000 0.0% $126 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $272,000 -- $126 / 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 $3,298 $269,635 $27,500 $242,135
2023 $3,102 $266,270 $27,500 $238,770
2022 $3,292 $266,270 $27,500 $238,770
2021 $2,874 $266,270 $27,500 $238,770
2020 $2,840 $221,925 $27,500 $194,425
2019 $3,223 $214,425 $20,000 $194,425
2018 $2,866 $183,320 $20,000 $163,320
2017 $3,145 $201,465 $20,000 $181,465
2016 $2,576 $164,330 $37,500 $126,830
2013 -- $164,330 $37,500 $126,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1566890

Northwest Multiple Listing Service (NWMLS)

APN: 091415510