NOT LISTED FOR SALE

1222 -1224 Pershing Rd Moses Lake, WA 98837

Estimated Value: $253,000 - $293,590

4 Beds
2 Baths
1,958 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $200,000 $102 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,653/month

76 Days on Market

Highlights

  • Territorial View
  • Partially Fenced Property
  • 1-Story Property
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of January 2021

Newly updated! This duplex has a strong rental history! Both units are 2 bedroom and 1 bath, with various updates including new hot water heater, vinyl windows, and roof, all replaced within the last 2 months. All appliances will stay! This is a great investment opportunity you don't want to pass up!

Last Agent to Sell the Property

Emily Sawyer

Nest Realty Company License #140601 Listed on: 09/25/2020

Last Buyer's Agent

Cody Wurzer

Keller Williams Columbia Basin License #114493

Keller Williams Columbia Basin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1669411

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1951

Lot Details

  • 0.48 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,958 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Larson Subdivision

Listing and Financial Details

  • Tax Lot 395
  • Assessor Parcel Number 310395000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1951
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1958
  • Special Features: None
  • Cumulative Days on Market: 469

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • 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: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Grant County PUD
  • SewerCompany: City of Moses Lake
  • WaterCompany: City of Moses Lake
  • WaterSewerGarbage: 432

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 310395000
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20908
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: County Website
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 395

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 16800
  • Net Operating Income: 13808
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 1958
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1560

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Jan 29, 2021
Sold by
Ziemer Fred L and Ziemer Karla R
Bought by
Tapia Ernesto and Tapia Jennifer Lynn
Seller's Agent
Emily Sawyer
Nest Realty Company
Buyer's Agent
Cody Wurzer
Keller Williams Columbia Basin
List Price
$215,250
Sold Price
$200,000
Premium/Discount to List
-$15,250
-7.08%
Current Estimated Value
$268,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,148
Avg. Annual Appreciation
6.27%
Original Mortgage
$150,000
Outstanding Balance
$136,224
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$124,993

Purchase Details

Closed on
Mar 14, 2014
Sold by
Holmes Doyle J
Bought by
Ziemer Freddie L and Ziemer Karla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
Sold by
Holmes Janice R
Bought by
Holmes Doyle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Tapia Ernesto $200,000 Frontier Title And Escrow Co
Ziemer Freddie L $511,405 Frontier Title
Holmes Doyle J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Ernesto $150,000
Previous Owner Ziemer Freddie L $78,750
Previous Owner Holmes Doyle J $88,000
Previous Owner Holmes Doyle $15,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $200,000 -7.1% $102 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $215,250 -- $110 / 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 $1,904 $148,325 $34,500 $113,825
2023 $2,284 $184,795 $34,500 $150,295
2022 $2,372 $184,795 $34,500 $150,295
2021 $1,585 $184,795 $34,500 $150,295
2020 $1,560 $112,085 $34,500 $77,585
2019 $1,805 $122,860 $20,000 $102,860
2018 $2,043 $128,685 $20,000 $108,685
2017 $1,503 $103,605 $20,000 $83,605
2016 $1,323 $89,250 $20,000 $69,250
2013 -- $89,250 $20,000 $69,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1669411

Northwest Multiple Listing Service (NWMLS)

APN: 310395000