NOT LISTED FOR SALE

1212 W Franklin St Moses Lake, WA 98837

Estimated Value: $384,952 - $509,000

3 Beds
2 Baths
2,605 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $264,000 $101 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,861/month

146 Days on Market

Highlights

  • Thermal Windows
  • Ceramic Tile Flooring
  • High Speed Internet
  • Patio
  • Central Air
  • Property is in very good condition

About This Home

As of February 2018

Think Investment! A great opportunity to propel your financial future with this lovely well-maintained duplex. One level, attached garage, granite counters, appliances all stay; large yard and privacy fencing. 3 bedroom, 2 bathroom floor plan is spacious. Close to shopping and schools. One owner: one original tenant and one tenant on renewed lease. Ready, set, go!

Last Agent to Sell the Property

Linda Cheatwood

BHGRE Gary Mann Realty License #90745 Listed on: 08/16/2017

BHGRE Gary Mann Realty

Last Buyer's Agent

Blake Rollins

Nest Realty Company License #23009291

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1179040

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 2008

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,605 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Ceramic Tile Flooring

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Moses Lake High School

Utilities

  • Central Air
  • High Speed Internet
  • Cable TV Available

Community Details

  • Moses Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091415502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,859

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
  • New Construction: No
  • CalculatedSquareFootage: 2605
  • Special Features: VirtualTour
  • Cumulative Days on Market: 439

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Moses Lake
  • WaterCompany: City of Moses Lake
  • WaterSewerGarbage: 2762

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 091415502
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: NWMLS
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2045

Multi Family

  • Gross Scheduled Income: 23429
  • Net Operating Income: 17830
  • Number Of Units Total: 2
  • Leasable Area: 1303
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2859

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Feb 13, 2018
Sold by
Gilberts Marilyn
Bought by
Hernandez Amanda
Seller's Agent
Linda Cheatwood
BHGRE Gary Mann Realty
Buyer's Agent
Blake Rollins
Nest Realty Company
List Price
$285,000
Sold Price
$264,000
Premium/Discount to List
-$21,000
-7.37%
Current Estimated Value
$458,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,738
Avg. Annual Appreciation
7.90%
Original Mortgage
$259,218
Outstanding Balance
$231,054
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$229,665

Purchase Details

Closed on
Mar 3, 2009
Sold by
Smart Homes Inc
Bought by
Gilberts Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
5.08%
Mortgage Type
FHA

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
Hernandez Amanda $264,000 None Available
Gilberts Marilyn $265,000 Stewart-Security
Smart Homes Inc -- Security Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Amanda $259,218
Previous Owner Gilberts Marilyn $247,674
Previous Owner Gilberts Marilyn $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $264,000 -6.0% $101 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
11/24/2017 11/24/17 Price Changed $281,000 -1.4% $108 / Sq Ft
08/16/2017 08/16/17 For Sale $285,000 -- $109 / 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: 1179040

Northwest Multiple Listing Service (NWMLS)

APN: 091415502