Buyer's Agent in 2019
Rich Makela
AgencyOne Realty
(509) 350-0129
38 Total Sales
1257 Basin St SW Ephrata, WA 98823
Estimated Value: $828,371
--
Bed
--
Bath
--
Sq Ft
0.48
Acres
About This Home
As of April 2019Sixteen unit motel in Prime Downtown Location. Ten 2 Queen Bedroom Units (400sq ft), Five One Queen Bedroom Units (350sq ft), One Suite with King Bed and full Kitchen (650sq ft). All Rooms are operating. Laminate Wood flooring and Flat screen TV's. 1000mbps Wifi. New front load laundry units. New Paint and Landscaped exterior. Nine hundred square foot apartment next to the office for management and a two car garage.
The overall condition of the motel is Amazing and worth viewing.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1379673
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,600
Year Built
- Built in 1940 | Remodeled
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 146x144
Home Design
- Block Foundation
- Metal Roof
- Stucco
Interior Spaces
- 2-Story Property
- Laminate Flooring
Parking
- 24 Parking Spaces
- 2 Covered Spaces
- Open Parking
Community Details
- Ephrata Subdivision
Listing and Financial Details
- Assessor Parcel Number 141184000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2018
Closed on
Apr 24, 2019
Sold by
Illahee Hospitality Llc
Bought by
Krishna Hospitality Inc
Buyer's Agent
Rich Makela
AgencyOne
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,371
Avg. Annual Appreciation
7.46%
Original Mortgage
$364,000
Outstanding Balance
$320,021
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$508,350
Purchase Details
Closed on
Apr 7, 2009
Sold by
Tandel Dharmesh H and Tandel Urvashi D
Bought by
Illahee Hospitality Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 18, 2005
Sold by
Jagaji Inc
Bought by
Tandel Dharmesh H and Tandel Urvashi D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.68%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 8, 2004
Sold by
Kenco Development Corp
Bought by
Jagaji Inc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krishna Hospitality Inc | $508,000 | Stewart Title Company | |
| Illahee Hospitality Llc | $610,000 | Security Title | |
| Tandel Dharmesh H | $310,000 | Chicago Title Ins Co | |
| Jagaji Inc | -- | Chicago Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krishna Hospitality Inc | $364,000 | |
| Previous Owner | Illahee Hospitality Llc | $512,000 | |
| Previous Owner | Tandel Dharmesh H | $166,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2019 04/25/19 | Sold | $520,000 | -1.0% | -- |
| 01/31/2019 01/31/19 | Pending | -- | -- | -- |
| 01/08/2019 01/08/19 | Price Changed | $525,000 | -4.5% | -- |
| 10/25/2018 10/25/18 | For Sale | $550,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $10,049 | $894,678 | $88,340 | $806,338 |
| 2023 | $5,191 | $402,210 | $76,765 | $325,445 |
| 2022 | $5,292 | $426,045 | $76,765 | $349,280 |
| 2021 | $5,578 | $426,045 | $76,765 | $349,280 |
| 2020 | $5,404 | $427,665 | $76,765 | $350,900 |
| 2019 | $3,788 | $357,935 | $76,765 | $281,170 |
| 2018 | $5,757 | $398,715 | $121,470 | $277,245 |
| 2017 | $5,394 | $398,715 | $121,470 | $277,245 |
| 2016 | $5,209 | $356,845 | $121,470 | $235,375 |
| 2013 | -- | $419,295 | $121,470 | $297,825 |
Source: Public Records
Agents Affiliated with this Home
-
Rich Makela
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1379673
APN: 141184000
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Based on information submitted to the MLS GRID
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