Listed by BHGRE Gary Mann Realty, Bought with CENTURY 21 Real Estate Center
NOT LISTED FOR SALE

7923 Valley Rd NE Moses Lake, WA 98837

Estimated Value: $164,000 - $548,000

2 Beds
1 Bath
4,750 Sq Ft
$79/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $499,000 $105 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $2,109/month

62 Days on Market

Highlights

  • Wood Siding
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of July 2021

A total of 3 parcels included in sale. (120348000: 7913-7923 Valley Road, 120349000 includes 3720 Lee, 7929 Valley & 3740 Lee, 120347000). 2 bedroom 1 bath home on Valley with 360 sq. ft. shop built in 1943. 9 apartments on Lee drive with 936 sq. ft. shop built in 1966. The owner pays water, sewer, garbage and PUD. No repairs or maintenance figured in.

Last Agent to Sell the Property

Dan Eilers

BHGRE Gary Mann Realty License #33441 Listed on: 05/05/2021

BHGRE Gary Mann Realty

Co-Listed By

Dan Adair

BHGRE Gary Mann Realty License #2512

Last Buyer's Agent

Boota Singh

CENTURY 21 Real Estate Center License #51556

CENTURY 21 Real Estate Center

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1768214

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 1943

Lot Details

  • 4,750 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 4,750 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Cascade Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120348000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,960

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1943
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4750
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: See Remarks
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Grant County PUD
  • SewerCompany: Septic
  • WaterCompany: Cascade Valley
  • WaterSewerGarbage: 4329

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Moses Lake

Lot Info

  • Parcel Number: 120348000
  • Lot Size Acres: 0.109
  • Lot Size Sq Ft: 4750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 59969
  • Net Operating Income: 35184
  • Number Of Units Total: 10
  • Electric Expense: 6299
  • Insurance Expense: 3200
  • Leasable Area: 4750
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4960
  • AdditionalTaxIds: 120349000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Davis Michael R
Bought by
Moro Maria Felbc
Current Estimated Value
$374,333

Purchase Details

Closed on
May 9, 2016
Sold by
Davis Denise
Bought by
Davis Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2008
Sold by
Velouria Properties Of Washington Llc
Bought by
Garside Luanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moro Maria Felbc $573 Aegis Title
Davis Michael R -- Stewart Title
Davis Michael R $279,900 Stewart Title
Garside Luanne $198,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Michael R $195,000
Previous Owner Garside Luanne $138,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $499,000 0.0% $105 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $499,000 -16.8% $105 / Sq Ft
05/05/2021 05/05/21 For Sale $600,000 -- $126 / 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 $1,400 $109,045 $48,000 $61,045
2023 $1,131 $116,195 $48,000 $68,195
2022 $1,461 $116,195 $48,000 $68,195
2021 $1,148 $116,195 $48,000 $68,195
2020 $1,126 $86,350 $48,000 $38,350
2019 $1,195 $77,940 $34,000 $43,940
2018 $1,197 $71,415 $34,000 $37,415
2017 $1,267 $81,590 $34,000 $47,590
2016 $1,099 $69,290 $34,000 $35,290
2013 -- $37,245 $12,000 $25,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1768214

Northwest Multiple Listing Service (NWMLS)

APN: 120348000