NOT LISTED FOR SALE

1209 W Franklin St Moses Lake, WA 98837

Estimated Value: $468,000 - $558,000

2 Beds
4 Baths
2,166 Sq Ft
$231/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $485,000 $224 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,063/month

87 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet

About This Home

As of January 2024

Fantastic Duplex in Moses Lake! Each unit has 2 BR, 2 Bathrooms w/1-car garage each. Well maintained units with minimal upkeep. Easy to rent w/below market rents. Washer/dryer in separate utility room.

Last Agent to Sell the Property

Surinder Khela

Better Properties Kent LLC License #8179 Listed on: 09/09/2023

Better Properties Kent LLC

Last Buyer's Agent

Ram Thiru

Kelly Right RE of Seattle LLC License #116925

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2160208

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 2008

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Park Orchard Elementary School
  • Frontier Mid Middle School
  • Moses Lake High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Moses Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / Field of Dreams
  • Assessor Parcel Number 091415509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

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: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: 2
  • New Construction: No
  • CalculatedSquareFootage: 2166
  • Special Features: VirtualTour
  • Cumulative Days on Market: 379

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Grant City PUD
  • SewerCompany: City of Moses Lake
  • WaterCompany: City of Moses Lake
  • WaterSewerGarbage: 3010

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Moses Lake
  • High School: Moses Lake High
  • Middle Or Junior School: Frontier Mid

Lot Info

  • Parcel Number: 091415509
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.47
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 26336
  • Number Of Units Total: 2
  • Insurance Expense: 1152
  • Leasable Area: 2186
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3102

MLS Schools

  • Elementary School: Park Orchard Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Jan 2, 2024
Sold by
Pandher Jasdeep Singh and Pandher Jatinder
Bought by
Palaniyandi Saravanan and Ramasamy Sakthi
Seller's Agent
Surinder Khela
Better Properties Kent LLC
Buyer's Agent
Ram Thiru
Kelly Right RE of Seattle LLC
List Price
$519,999
Sold Price
$485,000
Premium/Discount to List
-$34,999
-6.73%
Views
24
Current Estimated Value
$500,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,424
Avg. Annual Appreciation
2.17%
Original Mortgage
$363,750
Outstanding Balance
$359,343
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$141,081

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jan 26, 2021
Sold by
Silcock Emily and Silcock Nicholas
Bought by
Pandher Jasdeep Singh and Khela Pandher Jatinder
Seller's Agent
Lorene Fitterer
Moses Lake Realty Group
Buyer's Agent
Tom Hanna
BrokersGroup R.E.Professionals
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.82%

Purchase Details

Listed on
Jul 27, 2018
Closed on
Dec 11, 2018
Sold by
Moses Lake Property Group Llc
Bought by
Shubin Emily and Silcock Nicholas
Buyer's Agent
Lorene Fitterer
Moses Lake Realty Group
List Price
$295,000
Sold Price
$220,000
Premium/Discount to List
-$75,000
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%
Original Mortgage
$165,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2014
Sold by
Mccullar Family Llc
Bought by
Moses Lake Property Group Llc

Purchase Details

Closed on
Jul 18, 2014
Sold by
Lemke Brad and Lemke Heather
Bought by
Mccullar Family Llc

Purchase Details

Closed on
Nov 4, 2011
Sold by
Levin Sol Scott
Bought by
H & B Ventures Llc

Purchase Details

Closed on
Jun 11, 2008
Sold by
Smart Homes Inc
Bought by
Levin Sol Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,429
Interest Rate
6.05%
Mortgage Type
VA

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

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Range of Values:

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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
Palaniyandi Saravanan $485,000 Stewart Title
Pandher Jasdeep Singh $300,000 Stewart Title
Shubin Emily $220,000 Stewart Title Co
Moses Lake Property Group Llc -- None Available
Mccullar Family Llc -- None Available
Lemke Brad -- None Available
H & B Ventures Llc $181,000 Stewart Title
Levin Sol Scott $256,950 Stewart-Security Title Guara
Smart Homes Inc -- Security Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palaniyandi Saravanan $363,750
Previous Owner Singh Jasdeep $227,500
Previous Owner Silcock Nicholas $170,000
Previous Owner Shubin Emily $165,000
Previous Owner Levin Sol Scott $265,429
Previous Owner Smart Homes Inc $181,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $485,000 -6.7% $224 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $519,999 +73.3% $240 / Sq Ft
01/27/2021 01/27/21 Sold $300,000 0.0% $139 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $300,000 +36.4% $139 / Sq Ft
12/31/2018 12/31/18 Sold $220,000 -25.4% $102 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $295,000 -- $136 / 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 $3,297 $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: 2160208

Northwest Multiple Listing Service (NWMLS)

APN: 091415509