Listed by CB Cascade - Lake Chelan, Bought with HomeSmart One Realty
NOT LISTED FOR SALE

133 E Chelan Ave Chelan, WA 98816

Estimated Value: $1,095,000

-- Bed
-- Bath
3,080 Sq Ft
$356/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $847,500 $275 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,243/month

11 Days on Market

Highlights

  • Patio
  • Central Air
  • 1-Story Property
  • Chelan High School Rated A-
  • Wall to Wall Carpet

About This Home

As of November 2020

Desirable five plex in downtown Chelan, close to Lake Chelan, parks and shopping. Great owner occupant income opportunity. Three two bedroom, one bath apartments and one 2 bedroom, 2 bath plus one studio apartment. Each apartment has a front patio and storage unit. Flexible Downtown Mixed Use zoning. All one level units with excellent long term rental history in this great location. Heat pump and central air, includes all appliances, plenty of off street and carport parking. Well maintained.

Last Agent to Sell the Property

Anita Day

CB Cascade - Lake Chelan License #18430 Listed on: 08/20/2020

CB Cascade - Lake Chelan

Co-Listed By

Garett Bos

CB Cascade - Lake Chelan

Last Buyer's Agent

Gordy Lindstrom

HomeSmart One Realty License #27278

HomeSmart One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1647591

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1968

Lot Details

  • 8,276 Sq Ft Lot
  • Sprinkler System

Home Design

  • Metal Roof
  • Wood Composite

Interior Spaces

  • 3,080 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Morgen Owings Elementary School
  • Chelan Mid Middle School
  • Chelan High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Chelan Block Condos
  • Chelan Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 & 18 / 18
  • Assessor Parcel Number 272213512269

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Chelan Block
  • New Construction: No
  • CalculatedSquareFootage: 3080
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Heat Pump, Central A/C, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: See Remarks
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Chelan
  • WaterCompany: City of Chelan
  • WaterSewerGarbage: 5800

Schools

  • Junior High Dist: Lake Chelan
  • High School: Chelan High
  • Middle Or Junior School: Chelan Mid

Lot Info

  • Parcel Number: 272213512269
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio,Sprinkler System
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • LotNumber: 17 & 18

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5425

Multi Family

  • Gross Scheduled Income: 65000
  • Net Operating Income: 52759
  • Number Of Units Total: 5
  • Electric Expense: 100
  • Insurance Expense: 2360
  • Leasable Area: 3080
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3181

MLS Schools

  • Elementary School: Morgen Owings Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 5, 2020
Sold by
Carlton Vista Llc
Bought by
Twin Peaks Holdings Llc
Seller's Agent
Anita Day
CB Cascade - Lake Chelan
Buyer's Agent
Gordy Lindstrom
HomeSmart One Realty
List Price
$870,000
Sold Price
$847,500
Premium/Discount to List
-$22,500
-2.59%
Current Estimated Value
$1,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,500
Avg. Annual Appreciation
5.37%
Original Mortgage
$177,500
Outstanding Balance
$158,233
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$936,767
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
Twin Peaks Holdings Llc $847,500 North Meridian T&E Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twin Peaks Holdings Llc $177,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $847,500 -2.6% $275 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $870,000 -- $282 / 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
2024 $5,255 $862,476 $150,000 $712,476
2023 $5,255 $778,833 $75,000 $703,833
2022 $6,733 $778,833 $75,000 $703,833
2021 $6,995 $778,833 $80,000 $698,833
2020 $3,181 $778,833 $80,000 $698,833
2019 $3,097 $342,000 $50,000 $292,000
2018 $3,435 $342,000 $50,000 $292,000
2017 $3,214 $342,000 $50,000 $292,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1647591

Northwest Multiple Listing Service (NWMLS)

APN: 44413