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 March 17, 2014

Last sale price $102,500 $52 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,653/month

151 Days on Market

Highlights

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

About This Home

As of March 2014

Recently updated DUPLEX with excellent long term tenants provides solid Return On Investment. Each unit has 2 bedrooms, 1 bath with appliances including washer & dryer and one car garages. Tenants pay water/electric/sewer. Owner pay trash ($17/mo.) Sits on extra large 20,000+ sf lot. Over 11% cap rate on below average rents of $550 each. This is the duplex you have been waiting for.

Last Agent to Sell the Property

Jason Hall

BHGRE Gary Mann Realty License #24921 Listed on: 04/28/2013

BHGRE Gary Mann Realty

Last Buyer's Agent

Raymond Gravelle

Keller Williams Columbia Basin License #104264

Keller Williams Columbia Basin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 479251

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,490

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Larson Subdivision Condos
  • Larson Subdivision

Listing and Financial Details

  • Tax Lot 395
  • Assessor Parcel Number 310395000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,490

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
  • Building Name: Larson Subdivision
  • CalculatedSquareFootage: 1958
  • Special Features: None
  • Cumulative Days on Market: 446

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • 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
  • 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: 204

Schools

  • Junior High Dist: Moses Lake

Lot Info

  • Parcel Number: 310395000
  • Lot Size Acres: 0.4813
  • Lot Size Sq Ft: 20967
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 395

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 1100

Multi Family

  • Gross Scheduled Income: 13200
  • Net Operating Income: 10949
  • Number Of Units Total: 2
  • Insurance Expense: 557
  • Leasable Area: 1958
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 1490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Ziemer Fred L and Ziemer Karla R
Bought by
Tapia Ernesto and Tapia Jennifer Lynn
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.
Original Mortgage
$150,000
Outstanding Balance
$135,617
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$125,600

Purchase Details

Listed on
Apr 28, 2013
Closed on
Mar 14, 2014
Sold by
Holmes Doyle J
Bought by
Ziemer Freddie L and Ziemer Karla R
Seller's Agent
Jason Hall
BHGRE Gary Mann Realty
Buyer's Agent
Raymond Gravelle
Keller Williams Columbia Basin
List Price
$124,900
Sold Price
$102,500
Premium/Discount to List
-$22,400
-17.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
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
03/17/2014 03/17/14 Sold $102,500 -17.9% $52 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
04/28/2013 04/28/13 For Sale $124,900 -- $64 / 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

  • Jason Hall

    Seller's Agent in 2014

    Jason Hall

    Gary Mann

    (509) 750-2001

    57 Total Sales

    Jason Hall
    Section Image
  • Raymond Gravelle

    Buyer's Agent in 2014

    Raymond Gravelle

    Keller Williams Columbia Basin

    (509) 771-0027

    102 Total Sales

    Raymond Gravelle
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 479251

Northwest Multiple Listing Service (NWMLS)

APN: 310395000

Washington Grant County Moses Lake 98837

1222 1224 Pershing Rd, Moses Lake, WA

This home is located at 1222 1224 Pershing Rd, Moses Lake, WA 98837 since 28 April 2013 and is currently estimated at $268,148, approximately $136 per square foot. This property was built in 1951. 1222 1224 Pershing Rd is a home located in Grant County with nearby schools including North Elementary School, Endeavor Middle School, and Moses Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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