NOT LISTED FOR SALE

1061 N Alvin Ct East Wenatchee, WA 98802

Estimated Value: $630,931 - $786,000

6 Beds
3 Baths
2,480 Sq Ft
$294/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $677,500 $273 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,423/month

49 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • Forced Air Heating and Cooling System
  • No HOA
  • Vinyl Plank Flooring

About This Home

As of February 2024

Well maintained building. Built in 2007. One unit on 1 year lease. One unit month to month with long term tenant. Unit A refurbished one year ago with new carpets and planked vinyl flooring, new stove, newer washer and dryer, painted all interior walls and ceilings, some new fixtures. Both units front doors replace year ago. Great tenants who pay on time.

Last Agent to Sell the Property

Marge Bearman

CB Cascade - Lake Chelan License #23009700 Listed on: 12/15/2023

CB Cascade - Lake Chelan

Last Buyer's Agent

Royce Moriarty

COMPASS License #106650

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2185192

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 2007

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lee Elementary School
  • Sterling K-7 Middle School
  • Eastmont Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Vantassell's Acre Tracts Condos
  • East Wenatchee Subdivision

Listing and Financial Details

  • Legal Lot and Block tax 534 in lot 7 / blk1
  • Assessor Parcel Number 07500100702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,040

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: vantassell's acre tracts
  • New Construction: No
  • CalculatedSquareFootage: 2480
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Douglas county PUD
  • SewerCompany: Douglas County Sewer
  • WaterCompany: East Wenatchee Water District
  • InternetConnected: LocalTel
  • WaterSewerGarbage: 2900

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Eastmont
  • High School: Eastmont Snr High
  • Middle Or Junior School: Sterling K-7

Lot Info

  • Parcel Number: 07500100702
  • Lot Size Acres: 0.21
  • Lot Size: 100X92 aprox
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: public records
  • MLSSquareFootageSource: public records
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: tax 534 in lot 7

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 31660
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 3152
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5039.58
  • AdditionalTaxIds: 07500100702

MLS Schools

  • Elementary School: Lee Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Mar 4, 2024
Sold by
Bearman Gene D and Bearman Marjorie L
Bought by
Focher Kathryn and Schwartz Cole
Seller's Agent
Marge Bearman
CB Cascade - Lake Chelan
Buyer's Agent
Royce Moriarty
COMPASS
List Price
$685,000
Sold Price
$677,500
Premium/Discount to List
-$7,500
-1.09%
Views
26
Current Estimated Value
$728,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,483
Avg. Annual Appreciation
5.66%
Original Mortgage
$654,888
Outstanding Balance
$647,086
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$86,750

Purchase Details

Closed on
Nov 28, 2017
Sold by
Wenatchee Reclamtion District
Bought by
Marjorie L Bearman Gene D

Purchase Details

Closed on
Feb 13, 2008
Sold by
Vanlith Gary Van and Lith Pamela K Va
Bought by
Bearman Gene D and Bearman Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.04%
Mortgage Type
New Conventional
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
Focher Kathryn $677,500 Cw Title
Marjorie L Bearman Gene D -- None Available
Bearman Gene D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Focher Kathryn $654,888
Previous Owner Bearman Gene D $93,750
Previous Owner Bearman Gene D $214,264
Previous Owner Bearman Gene D $246,000
Previous Owner Vanvanlith Gary Van $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $677,500 -1.1% $273 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $685,000 -- $276 / 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 $4,766 $565,500 $100,000 $465,500
2024 $4,766 $570,000 $100,000 $470,000
2023 $5,085 $524,000 $100,000 $424,000
2022 $4,650 $443,500 $80,000 $363,500
2021 $3,915 $443,500 $80,000 $363,500
2020 $3,779 $343,400 $72,000 $271,400
2018 $3,369 $290,000 $30,000 $260,000
2017 $3,097 $290,000 $30,000 $260,000
2016 $2,349 $279,400 $60,000 $219,400
2015 $2,451 $210,600 $60,000 $150,600
2014 -- $210,600 $60,000 $150,600
2013 -- $210,600 $60,000 $150,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2185192

Northwest Multiple Listing Service (NWMLS)

APN: 07-50-01-00702