NOT LISTED FOR SALE

1117 Cedar Ln East Wenatchee, WA 98802

Estimated Value: $636,252 - $821,000

1 Bed
4 Baths
540 Sq Ft
$1,343/Sq Ft Est. Value

About This Home

?? 1 Bedroom Apartment for Rent — East Wenatchee, WA (4-Plex Building)
Available January 1st

This clean, comfortable, and affordable 1-bedroom apartment in a quiet East Wenatchee 4-plex is ready for its next tenant. The unit features brand-new flooring and new windows, offering improved comfort and efficiency.

?? Rent & Deposits

Rent: $1,287/month
Refundable Damage Deposit: $1,500
Non-Refundable Relocking Fee: $50

?? Tenant Requirements

Prospective tenants must meet the following screening criteria:

Provide positive references (previous rental history strongly preferred)
No felonies
Minimum household gross income of $51,000/year
Typically verified with 3 months of paystubs
Full-time hourly work at approximately $24.54/hour is typically used for proof of income, but other sources of income will be considered provided proof is demonstrated (E.g. multiple tenants with proof of income, retirement sources, etc.).
Credit and background checks required through a third-party screening service (paid by applicant)

?? Amenities & Utilities

Shared coin-op laundry onsite
Owner pays: water, sewer, trash, and HOA lawn/yard care
Tenant pays: electricity (Douglas Utility) and optional internet
Building is fiber-ready, capable of 100 Mbps+ service
?? Parking

Both on-street and off-street parking available.

?? Location

A convenient, central East Wenatchee location:

Close to downtown, City Hall, and the Apple Capital Loop Trail
Less than ¼ mile to two Link Transit bus routes (12, 18, 25)— easy (and free) commuting access
?? Pet Policy

No pets
1 Year Lease switching to monthly thereafter

***Available early January 2026***

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Columbia Village Properties Llc
Bought by
Gingerich Andrew and Gingerich Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Outstanding Balance
$446,240
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$278,823

Purchase Details

Closed on
Dec 2, 2014
Sold by
Harrison Phillip E and Harrison Debbie
Bought by
Columbia Village Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,051
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gingerich Andrew $655,000 Fig Title
Columbia Village Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingerich Andrew $458,500
Previous Owner Columbia Village Properties Llc $388,051
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 For Rent $1,287 -- --

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 $10,020 $582,700 $110,000 $472,700
2024 $5,140 $589,900 $110,000 $479,900
2023 $5,131 $511,100 $110,000 $401,100
2022 $4,796 $441,700 $88,000 $353,700
2021 $4,292 $441,700 $88,000 $353,700
2020 $4,197 $362,200 $79,200 $283,000
2018 $3,894 $321,900 $60,000 $261,900
2017 $3,306 $321,900 $60,000 $261,900
2016 $2,614 $294,900 $60,000 $234,900
2015 $2,726 $234,300 $60,000 $174,300
2014 -- $234,300 $60,000 $174,300
2013 -- $234,300 $60,000 $174,300
Source: Public Records

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