NOT LISTED FOR SALE

1107 Methow St Wenatchee, WA 98801

Estimated Value: $358,000 - $433,000

2 Beds
1 Bath
1,760 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $385,000 $219 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,534/month

29 Days on Market

Highlights

  • Mountain View
  • Baseboard Heating
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding
  • 1-Story Property

About This Home

As of August 2023

One-level side-by-side duplex with attached garages located across the street from Lincoln Elementary in Wenatchee. Significant upside opportunity for new buyers to do improvements and increase the monthly rental rate and for an owner-occupied Buyer with income to offset the mortgage. Low-down owner-occupied financing options are available OAC. Convenient location that is close to everything including the freshly updated Lincoln Park. Included a 1-year AHS Home Warranty. Home Pre-inspection completed and available upon request. Great 1031 Exchange opportunity. A must-see!

Last Agent to Sell the Property

Jeffrey Hallman

HomeSmart License #82831 Listed on: 06/26/2023

HomeSmart

Co-Listed By

Skip Hughes

HomeSmart License #4393

Last Buyer's Agent

Vera Salas

Windermere Real Estate/NCW License #47608

Windermere Real Estate/NCW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2131482

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1978

Lot Details

  • 6,969 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Abraham Lincoln Elementary School
  • Pioneer Mid Middle School
  • Wenatchee High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Hanson's Addition, Chelan County, Wa Condos
  • Wenatchee Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 222010603030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,476

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 3/1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hanson's Addition, Chelan County, WA
  • New Construction: No
  • CalculatedSquareFootage: 1760
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 3% first 100,000.00, 1.5% on the rest
  • Special Features: None
  • Cumulative Days on Market: 527

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: Composition
  • View: Mountain(s)
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Window Unit A/C
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: CCPUD
  • SewerCompany: City
  • WaterCompany: Wenatchee
  • CableConnected: LocalTel
  • InternetConnected: LocalTel
  • WaterSewerGarbage: 1800

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Wenatchee
  • High School: Wenatchee High
  • Middle Or Junior School: Pioneer Mid

Lot Info

  • Parcel Number: 222010603030
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 27620
  • Number Of Units Total: 2
  • Insurance Expense: 1500
  • Leasable Area: 1760
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1476

MLS Schools

  • Elementary School: Abraham Lincoln Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Daut Rodney M
Bought by
Ward Cleveland
Total Days on Market
29
Current Estimated Value
$401,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.23%
Mortgage Type
Construction
Source: Public Records

Similar Homes in Wenatchee, WA

  • 904 Cashmere St, Wenatchee, WA 98801

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,268 Sq Ft
    • 904 Cashmere St
    • Wenatchee, WA

    This well-maintained multi-family property offers two detached small homes on one lot. Completely separate living with two units ideally located near schools, shopping, parks, and public transportation. Front home features a spacious 1 bedroom, 1 full bathroom, in-unit stackable laundry, and kitchen equipped with a refrigerator, oven/stove, and dishwasher. The back home offers a main level with 1

    Trevor King Nick McLean Real Estate Group

    Section Image
  • 104 N Buchanan Ave, Wenatchee, WA 98801

    $440,000

    • 2 Beds
    • 2 Baths
    • 2,082 Sq Ft
    • 104 N Buchanan Ave
    • Wenatchee, WA

    Charming Historic Duplex in Prime Downtown Location – STR Zoned! Experience the best of city living with this beautifully duplex, ideally located just steps from top-tier restaurants, shopping, and entertainment. Each side of this property has its own tax parcel, making it a rare and versatile investment opportunity. Whether you're looking for a primary residence, or a short-term rental income

    Amanda Dallman Real Broker LLC

    Section Image
  • 110 N Delaware Ave Unit A/B, Wenatchee, WA 98801

    $479,000

    • 4 Beds
    • 2 Baths
    • 2,612 Sq Ft
    • 110 N Delaware Ave
    • Unit A/B
    • Wenatchee, WA

    Investors and home owners!! Great opportunity to own a duplex in the heart of Wenatchee! Two units: main floor is 3 bd, 1 ba; upper unit is 1 bd, 1 ba, plus unfinished basement. Remodeled upstairs, 2019 roof main house, new electrical, two storage units outside, shared laundry downstairs. Fenced yard with nice space. The property has additional off-street parking. Quick access to downtown by

    Greg Hurley Nick McLean Real Estate Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ward Cleveland -- Central Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ward Cleveland $322,000
Previous Owner Daut Rodney M $78,120
Previous Owner Daut Rodney M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $385,000 -3.7% $219 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $399,900 -4.1% $227 / Sq Ft
06/26/2023 06/26/23 For Sale $416,900 -- $237 / 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
2021 $1,623 $152,378 $60,000 $92,378
2020 $1,475 $128,118 $50,000 $78,118
2019 $1,426 $130,632 $50,000 $80,632
2018 $1,745 $133,255 $50,000 $83,255
2017 $1,658 $135,878 $50,000 $85,878
2016 $1,812 $140,698 $50,000 $90,698
2015 $1,812 $143,154 $50,000 $93,154
2013 $1,812 $147,134 $50,000 $97,134
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2131482

Northwest Multiple Listing Service (NWMLS)

APN: 222010603030