Listed by John L. Scott Wenatchee, Bought with Laura Mounter Real Estate
NOT LISTED FOR SALE

124 N Buchanan Ave Wenatchee, WA 98801

Estimated Value: $381,000 - $440,717

-- Bed
3 Baths
1,800 Sq Ft
$230/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $300,000 $167 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,604/month

125 Days on Market

Highlights

  • City View
  • Partially Fenced Property
  • 1-minute walk to Pennsylvania Park
  • High Speed Internet

About This Home

As of April 2019

4-Plex!!! Great income potential! Located walking distance to downtown Wenatchee. Newly Painted. 4 brand new sheds(potential future income?). Alley access for parking lot. Great rental history!

Last Agent to Sell the Property

Nicole Begin

John L. Scott Wenatchee License #132944 Listed on: 11/10/2018

John L. Scott Wenatchee

Last Buyer's Agent

Christine Douglas

Laura Mounter Real Estate License #133763

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1385270

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $167

Year Built

  • Built in 1918

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • City
  • Mountain

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • Outbuilding
  • High Speed Internet

Community Details

  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222003590254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$167

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1918
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s)
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 171

Fee Information

  • Annual Fuel Expense: 100

Schools

  • Junior High Dist: Wenatchee

Lot Info

  • Parcel Number: 222003590254
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2950

Multi Family

  • Gross Scheduled Income: 35400
  • Net Operating Income: 28344
  • Number Of Units Total: 4
  • Electric Expense: 50
  • Insurance Expense: 100
  • Leasable Area: 1800
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2018
Closed on
Apr 25, 2019
Sold by
Global Prosperity Llc
Bought by
Art At Los Palos Llc
Seller's Agent
Nicole Begin
John L. Scott Wenatchee
Buyer's Agent
Christine Douglas
Laura Mounter Real Estate
List Price
$359,000
Sold Price
$300,000
Premium/Discount to List
-$59,000
-16.43%
Current Estimated Value
$413,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,239
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Jan 19, 2018
Closed on
Apr 26, 2018
Sold by
Flores Joyce E
Bought by
Global Prosperity Llc
Seller's Agent
Cindy Smith
Laura Mounter Real Estate
Buyer's Agent
Angie Coleman
Nick McLean Real Estate Group
List Price
$220,000
Sold Price
$180,000
Premium/Discount to List
-$40,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.83%
Original Mortgage
$150,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2017
Sold by
Flores Joyce E and Estate Of David Alan Flores
Bought by
Flores Joyce E
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
Art At Los Palos Llc $300,000 North American T&E Llc
Global Prosperity Llc $180,000 First American Title
Flores Joyce E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Global Prosperity Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $300,000 -14.0% $167 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $349,000 -2.8% $194 / Sq Ft
01/29/2019 01/29/19 For Sale $359,000 0.0% $199 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
11/10/2018 11/10/18 For Sale $359,000 +99.4% $199 / Sq Ft
04/27/2018 04/27/18 Sold $180,000 -18.2% --
03/18/2018 03/18/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $220,000 -- --
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 $2,727 $277,838 $60,000 $217,838
2020 $2,154 $235,306 $60,000 $175,306
2019 $1,921 $207,884 $60,000 $147,884
2018 $2,000 $195,850 $60,000 $135,850
2017 $1,560 $166,983 $57,600 $109,383
2016 $1,733 $141,339 $60,000 $81,339
2015 $1,733 $144,374 $60,000 $84,374
2013 $1,733 $145,985 $60,000 $85,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1385270

Northwest Multiple Listing Service (NWMLS)

APN: 222003590254