Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE

135 Lavender Ct Unit 1-31 Wenatchee, WA 98801

-- Bed
-- Bath
16,717 Sq Ft
1.3 Acres

Last Sold January 14, 2021

Last sale price $3,150,000 $188 Per Sq Ft

14 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Cul-De-Sac
  • Deck
  • Thermal Windows
  • 3-minute walk to Washington Park

About This Home

As of January 2021

31 Units, 5.7% Cap Rate, Market Cap rate 6.4%,mix of studio,1 & 2-bedroom units,individual air conditioning,7 buildings,many storage lockers & owned coin operated laundry,limited competition & steady rental rate.Upside available with cosmetic updating & increasing rents.Investor could realize an 8% cash return.15 garages & 17 parking spots total 32 spaces,next door to Washington park & minutes to town.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 10/19/2020

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1679433

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,309

Year Built

  • Built in 1948

Lot Details

  • 1.3 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 16,717 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 32 Parking Spaces
  • 15 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222009110100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,309

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 16717
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 15
  • Open Parking Spaces: 17
  • Open Parking: Yes
  • Total Parking Spaces: 32
  • ParkingUncoveredSpaces: 17

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 30213

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Wenatchee
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 222009110100
  • Lot Size Acres: 1.3
  • Lot Size Sq Ft: 56628
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 26640

Multi Family

  • Gross Scheduled Income: 319686
  • Net Operating Income: 171931
  • Number Of Units Total: 31
  • Insurance Expense: 9036
  • Leasable Area: 16717
  • UnitsInBuildingTotal: 31
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 16309

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $3,150,000 +5.0% $188 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $3,000,000 -- $179 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Donna Marshall

    Seller's Agent in 2021

    Donna Marshall

    Skyline Properties, Inc

    (425) 422-0954

    36 Total Sales

    Donna Marshall
    Section Image
  • Dan Swanson

    Seller Co-Listing Agent in 2021

    Dan Swanson

    Kidder Mathews

    (425) 444-6501

    58 Total Sales

    Dan Swanson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1679433

Northwest Multiple Listing Service (NWMLS)
Washington Chelan County Wenatchee 98801

135 Lavender Ct Unit 1-31, Wenatchee, WA

This home is located at 135 Lavender Ct Unit 1-31, Wenatchee, WA 98801 since 19 October 2020. This property was built in 1948. 135 Lavender Ct Unit 1-31 is a home located in Chelan County with nearby schools including Washington Elementary School, Orchard Middle School, and Wenatchee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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