Listed by AgencyOne, Bought with Sunset Real Estate
NOT LISTED FOR SALE

8725 Lybbert Dr NE Moses Lake, WA 98837

Estimated Value: $311,000 - $458,000

5 Beds
2 Baths
2,408 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $135,000 $56 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,053/month

24 Days on Market

Highlights

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

About This Home

As of August 2016

Attention investors looking for a good investment rental or Home buyer looking to live in one side and rent out the other to help with the mortgage. 1200 sq ft each side. Unit 8725 is updated and in good condition with 2 bedrooms and 1 bath and a large laundry room. Unit 8725A is in average condition with 3 bedrooms and 1 bath and a large laundry room. Large divided back yard that is partially fenced. Lots of parking for both sides.

Last Agent to Sell the Property

Rich Makela

AgencyOne License #91009 Listed on: 06/15/2016

AgencyOne

Last Buyer's Agent

Lisa Garmon

Sunset Real Estate License #25865

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 961431

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1959

Lot Details

  • 0.49 Acre Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 2,408 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Hillcrest Acres #2 Condos
  • Upper Basin Homes Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 120242000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1959
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hillcrest Acres #2
  • New Construction: No
  • CalculatedSquareFootage: 2408
  • Special Features: None

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, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Grant o PUD
  • SewerCompany: septic
  • WaterCompany: Hillcrest Water
  • WaterSewerGarbage: 1296

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: 120242000
  • Lot Size Acres: 0.4936
  • Lot Size Sq Ft: 21500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 16

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 1320

Multi Family

  • Gross Scheduled Income: 15840
  • Net Operating Income: 12581
  • Number Of Units Total: 6
  • Insurance Expense: 493
  • Leasable Area: 2408
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1470

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
2L Investments Inc
Bought by
214 Cedar Llc
Current Estimated Value
$353,535

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jul 26, 2016
Sold by
Sauvage Richard C
Bought by
2L Investments Inc
Seller's Agent
Rich Makela
AgencyOne
Buyer's Agent
Lisa Garmon
Sunset Real Estate
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
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
214 Cedar Llc -- None Listed On Document
2L Investments Inc $135,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $135,000 -2.9% $56 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
07/05/2016 07/05/16 Price Changed $139,000 -6.7% $58 / Sq Ft
06/15/2016 06/15/16 For Sale $149,000 -- $62 / 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 $2,055 $154,380 $37,050 $117,330
2023 $2,080 $170,270 $37,050 $133,220
2022 $2,220 $170,270 $37,050 $133,220
2021 $2,017 $170,270 $37,050 $133,220
2020 $2,017 $148,360 $37,050 $111,310
2019 $2,238 $144,350 $29,450 $114,900
2018 $2,020 $126,015 $29,450 $96,565
2017 $2,185 $140,095 $29,450 $110,645
2016 $1,470 $91,750 $25,000 $66,750
2013 -- $91,750 $25,000 $66,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 961431

Northwest Multiple Listing Service (NWMLS)

APN: 120242000