Listed by HomeSmart, Bought with Nick McLean Real Estate Group
NOT LISTED FOR SALE

1287 Highway 28 W Ephrata, WA 98823

Estimated Value: $402,000 - $428,000

4 Beds
3 Baths
3,404 Sq Ft
$122/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $360,000 $106 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,146/month

117 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 1-Story Property
  • No HOA

About This Home

As of January 2023

Nice 4-unit mobile home park with 3 park owned units. 24x40 shop, rented. Large pump house/storage. Lots of room for storage units or possible expansion. Buyer to verify. Fiber internet. Well and septic systems. Wide access. Good location between Ephrata and Soap Lake. Lots of fruit trees. Easy to rent, all long-term tenants. All on almost 2 acres.

Last Agent to Sell the Property

Keith Rupprecht

HomeSmart License #94641 Listed on: 08/04/2022

HomeSmart

Last Buyer's Agent

Luis Alvarez Nunez

Nick McLean Real Estate Group License #102266

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1977835

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1972

Lot Details

  • 1.88 Acre Lot

Home Design

  • Quadruplex
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,404 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ephrata Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160764000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,017

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3404
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 466

Interior Features

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

Exterior Features

  • Roof: Metal
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Property Condition: Fair
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Grant PUD
  • SewerCompany: Septic
  • WaterCompany: private
  • WaterSewerGarbage: 664

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ephrata
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 160764000
  • Lot Size Acres: 1.88
  • Lot Size Sq Ft: 81893
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Shop
  • MLSLotSizeSource: county
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2635

Multi Family

  • Gross Scheduled Income: 31920
  • Net Operating Income: 29279
  • Number Of Units Total: 3
  • Electric Expense: 360
  • Insurance Expense: 600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1017

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2007
Sold by
Stuckmeyer Edwin L
Bought by
Hillstrom Ben L
Current Estimated Value
$378,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$61,186
Interest Rate
6.1%
Mortgage Type
Seller Take Back
Estimated Equity
$357,481
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
Hillstrom Ben L $140,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillstrom Ben L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $360,000 -4.0% $106 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $374,900 -3.6% $110 / Sq Ft
08/04/2022 08/04/22 For Sale $389,000 -- $114 / 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 $1,018 $86,627 $24,550 $62,077
2023 $1,002 $79,270 $24,550 $54,720
2022 $1,017 $79,270 $24,550 $54,720
2021 $1,011 $79,270 $24,550 $54,720
2020 $1,059 $75,390 $24,550 $50,840
2019 $840 $77,635 $24,550 $53,085
2018 $1,212 $82,325 $19,400 $62,925
2017 $1,137 $82,325 $19,400 $62,925
2016 $1,015 $69,440 $19,400 $50,040
2013 -- $77,955 $19,400 $58,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1977835

Northwest Multiple Listing Service (NWMLS)

APN: 160764000