Listed by Windermere Real Estate/NCW, Bought with eXp Realty
NOT LISTED FOR SALE

197 2nd St SE East Wenatchee, WA 98802

Estimated Value: $561,176 - $802,000

6 Beds
4 Baths
2,574 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $670,000 $260 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,324/month

18 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Forced Air Heating and Cooling System
  • Mountain View
  • No HOA
  • High Speed Internet

About This Home

As of August 2023

Investment Alert! Well-maintained duplex in quiet location. Unit 195: VACANT, move-in ready! Two-story, recently renovated, 3 bed, 2 bath, LED lighting, NEW hot water heater, trex deck & furnace motor. Laundry room with storage & attached one-car garage. Unit 197: Two-story with LONG-TERM tenant. Features 3 bed, 2 bath, NEW cooking range on main floor & trex deck with yard access. Newer furnace & water heater. Plus, lower level kitchen (no range) & bonus room. NEW roof installed in 2017. Huge yard space, sprinkler system & vinyl fencing for private outdoors. Ample parking space for RVs & toys! Plus, detached two-car garage. Conveniently located near shopping, medical, & schools. Don't miss this one!

Last Agent to Sell the Property

Addy Hernandez

Windermere Real Estate/NCW License #132271 Listed on: 07/12/2023

Windermere Real Estate/NCW

Last Buyer's Agent

Vicki Smith

eXp Realty License #129502

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2129885

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1969

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Sprinkler System

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,574 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Grant Elementary School
  • Eastmont Jnr High Middle School
  • Eastmont Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61300200400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2574
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 354

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 2940

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Eastmont
  • High School: Eastmont Snr High
  • Middle Or Junior School: Eastmont Jnr High

Lot Info

  • Parcel Number: 61300200400
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.75
  • LeasedItems: Furnace/Burner,Washer/Dryer
  • TotalMonthlyIncome: 4400

Multi Family

  • Gross Scheduled Income: 52800
  • Net Operating Income: 45431
  • Number Of Units Total: 2
  • Leasable Area: 2574
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4429

MLS Schools

  • Elementary School: Grant Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 31, 2023
Sold by
Elsensohn Richard D and Elsensohn Geri J
Bought by
Thayer Hardy
Seller's Agent
Addy Hernandez
Windermere Real Estate/NCW
Buyer's Agent
Vicki Smith
eXp Realty
List Price
$669,000
Sold Price
$670,000
Premium/Discount to List
$1,000
0.15%
Views
52
Current Estimated Value
$720,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,558
Avg. Annual Appreciation
2.73%
Original Mortgage
$647,638
Outstanding Balance
$636,553
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$69,325

Purchase Details

Closed on
Aug 20, 2013
Sold by
Elsensohn Richard D
Bought by
Elsensohn Richard D and Elsensohn Geri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,300
Interest Rate
4.51%
Mortgage Type
New Conventional
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
Thayer Hardy -- Fig Title
Elsensohn Richard D -- Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thayer Hardy $647,638
Previous Owner Elsensohn Richard D $61,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $670,000 +0.1% $260 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $669,000 -- $260 / 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
2025 $4,136 $512,400 $100,000 $412,400
2024 $4,266 $493,300 $100,000 $393,300
2023 $4,429 $442,800 $100,000 $342,800
2022 $4,086 $377,600 $80,000 $297,600
2021 $3,660 $377,600 $80,000 $297,600
2020 $3,538 $310,100 $72,000 $238,100
2018 $2,735 $224,700 $60,000 $164,700
2017 $2,262 $224,700 $60,000 $164,700
2016 $1,856 $200,200 $60,000 $140,200
2015 $1,936 $166,400 $60,000 $106,400
2014 -- $166,400 $60,000 $106,400
2013 -- $166,400 $60,000 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2129885

Northwest Multiple Listing Service (NWMLS)

APN: 61-30-02-00400