Listed by North Cascade Land & Home Co., Bought with Kelly Right RE of Seattle LLC
$170,000
SOLD OCT 10, 2024

1005 1st Ave S Okanogan, WA 98840

2 Beds
-- Bath
1,344 Sq Ft
0.47 Acres

Recently Sold

$126 Per Sq Ft

26% Below List Price

Highlights

  • RV Access or Parking
  • Waterfront
  • Deck
  • River View
  • 0.47 Acre Lot
  • No HOA

About This Home

As of October 2024

Income opportunity. 1 story rambler Duplex. Front brick feature. Freshly Painted Wood exterior /brick facade. This Duplex is located on a large riverfront lot. Each Unit is 1 bed/1 bath including each having a carport. Large yard with Garden area. 1 small storage garden shed w/Unit B. Path to River under tree canopy. Both Units A & B are Tenant occupied. Show with discretion. By appointment.

Last Agent to Sell the Property

Tricia Eyre

North Cascade Land & Home Co. License #49977 Listed on: 05/10/2024

Last Buyer's Agent

Kristine Gaffney

Kelly Right RE of Seattle LLC License #88432

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2234968

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1966

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 96x309
  • Waterfront
  • Property is in average condition

Property Views

  • River
  • City
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Brick Exterior Construction
  • Concrete Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Grainger Elementary School
  • Okanogan Jr-Sr High Middle School
  • Okanogan Jr-Sr High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Kahlows 2Nd Add Condos
  • Okanogan Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / Tax 2
  • Assessor Parcel Number 1200130002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,458

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1966
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Kahlows 2nd ADD
  • New Construction: No
  • CalculatedSquareFootage: 1344
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Variable SOC 7F.
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Possible Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Metal
  • View: City, Mountain(s), River, Territorial
  • View: Yes
  • Waterfront Features: Bank-Medium
  • Waterfront: Yes
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Concrete Ribbon, Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community, Public
  • Cooling: Window Unit A/C
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City Sewer Okanogan
  • WaterCompany: City water Okanogan
  • WaterSewerGarbage: 3660

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Okanogan
  • High School: Okanogan Jr-Sr High
  • Middle Or Junior School: Okanogan Jr-Sr High

Lot Info

  • Parcel Number: 1200130002
  • Lot Size Acres: 0.47
  • Lot Size: 96x309
  • Lot Size Sq Ft: 20473
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,RV Parking
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 13

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1335

Multi Family

  • Gross Scheduled Income: 14460
  • Net Operating Income: 6009
  • Number Of Units Total: 2
  • Insurance Expense: 891
  • Leasable Area: 1344
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1458

MLS Schools

  • Elementary School: Grainger Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Oct 8, 2024
Sold by
Sonrise 4 Investments Llc
Bought by
Shepard Brett
Seller's Agent
Tricia Eyre
North Cascade Land & Home Co.
Buyer's Agent
Kristine Gaffney
Kelly Right RE of Seattle LLC
List Price
$230,000
Sold Price
$170,000
Premium/Discount to List
-$60,000
-26.09%
Views
57
Current Estimated Value
$232,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,732
Avg. Annual Appreciation
37.87%

Purchase Details

Closed on
Dec 24, 2020
Sold by
Timbers Charles J and Timbers Janice C
Bought by
Sonrise 4 Investments Llc

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 13, 2018
Sold by
Riggs Warren M and Riggs Laura L
Bought by
Timbers Charles J and Timbers Janice C
Seller's Agent
Kathy Wilcox
Okanogan County Realty, LLC
Buyer's Agent
Tricia Eyre
North Cascade Land & Home Co.
List Price
$140,000
Sold Price
$132,000
Premium/Discount to List
-$8,000
-5.71%

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%

Purchase Details

Closed on
Oct 18, 2007
Sold by
Ames Melvin L and Ames Janette K
Bought by
Riggs Warren M and Riggs Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.42%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $170,000 Cw Title And Escrow
Quit Claim Deed -- None Available
Warranty Deed $132,000 Inland Professional Title Ll
Warranty Deed $108,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,400 Commercial
Previous Owner $50,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $170,000 -26.1% $126 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $230,000 +74.2% $171 / Sq Ft
01/02/2019 01/02/19 Sold $132,000 -5.7% $98 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $140,000 -- $104 / 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
2025 $1,458 $175,800 $22,600 $153,200
2024 $1,458 $137,800 $22,600 $115,200
2023 $1,520 $137,800 $22,600 $115,200
2022 $1,412 $104,900 $22,600 $82,300
2021 $1,458 $104,900 $22,600 $82,300
2020 $1,510 $104,900 $22,600 $82,300
2019 $1,430 $104,900 $22,600 $82,300
2018 $1,485 $91,800 $22,600 $69,200
2017 $1,258 $91,800 $22,600 $69,200
2016 $1,254 $91,800 $22,600 $69,200
2015 $1,221 $91,800 $22,600 $69,200
2013 -- $91,800 $22,600 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2234968

Northwest Multiple Listing Service (NWMLS)

APN: 1200130002