NOT LISTED FOR SALE

1213 W Franklin St Moses Lake, WA 98837

Estimated Value: $381,964 - $504,000

3 Beds
4 Baths
2,562 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $279,000 $109 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,896/month

5 Days on Market

Highlights

  • Territorial View
  • Central Air
  • 1-Story Property
  • Wood Flooring
  • Property is Fully Fenced

About This Home

As of July 2019

Great investment property with excellent rental history! Some of the features that set these units apart are, granite counters, beautiful cabinets, hardwood floors, fully fenced back yards and centrally located in a neighborhood of newer construction. 1 year lease in place. This property produces 8% return.

Last Agent to Sell the Property

Justin Good

BHGRE Gary Mann Realty License #127805 Listed on: 06/03/2019

BHGRE Gary Mann Realty

Last Buyer's Agent

Tyson Mollotte

Coldwell Banker Tomlinson R&H License #98514

Coldwell Banker Tomlinson R&H

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1468134

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 2008

Lot Details

  • 8,000 Sq Ft Lot
  • Property is Fully Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,562 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Field Of Dreams Mp Condos
  • Moses Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 091415508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,573

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 MP
  • New Construction: No
  • CalculatedSquareFootage: 2562
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 297

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Central A/C, Ceramic Tile, Hardwood, 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 Products
  • Foundation Details: Poured Concrete
  • 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
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Grant County PUD
  • SewerCompany: City of Moses Lake
  • WaterCompany: City of Moses Lake
  • WaterSewerGarbage: 2640

Schools

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

Lot Info

  • Parcel Number: 091415508
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Sprinkler System
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Electric

Rental Info

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

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 23387
  • Number Of Units Total: 2
  • Insurance Expense: 1100
  • Leasable Area: 2562
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3573

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 11, 2019
Sold by
Grant Anthony J and Grant Suzanne K
Bought by
Walker Daniel D and Walker Aurora R
Seller's Agent
Justin Good
BHGRE Gary Mann Realty
Buyer's Agent
Tyson Mollotte
Coldwell Banker Tomlinson R&H
List Price
$279,900
Sold Price
$279,000
Premium/Discount to List
-$900
-0.32%
Current Estimated Value
$465,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,491
Avg. Annual Appreciation
9.02%
Original Mortgage
$223,200
Outstanding Balance
$152,599
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$313,796

Purchase Details

Closed on
May 21, 2008
Sold by
Firouzi Reza
Bought by
Grant Anthony J and Grant Suzanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2007
Sold by
Crawford Jerry T
Bought by
Smart Homes Inc

Purchase Details

Closed on
Dec 3, 2007
Sold by
Smart Homes Inc
Bought by
Firouzi Reza
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
Walker Daniel D $280,000 Frontier Title And Escrow Co
Grant Anthony J $295,000 Chicago Title
Smart Homes Inc -- Security Title Guaranty
Firouzi Reza $100,000 Security Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Daniel D $223,200
Previous Owner Grant Anthony J $208,950
Previous Owner Grant Anthony J $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $279,000 -0.3% $109 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $279,900 -- $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 $3,636 $301,300 $27,500 $273,800
2023 $3,426 $297,520 $27,500 $270,020
2022 $3,647 $297,520 $27,500 $270,020
2021 $3,168 $297,520 $27,500 $270,020
2020 $3,128 $247,310 $27,500 $219,810
2019 $3,573 $239,810 $20,000 $219,810
2018 $3,184 $204,660 $20,000 $184,660
2017 $3,514 $225,175 $20,000 $205,175
2016 $3,048 $194,510 $37,500 $157,010
2013 -- $194,510 $37,500 $157,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1468134

Northwest Multiple Listing Service (NWMLS)

APN: 091415508