Listed by CB Cascade - Wenatchee, Bought with Tamarack Home Group, LLC
NOT LISTED FOR SALE

220 Methow St Unit 7-10 Wenatchee, WA 98801

Estimated Value: $391,000 - $520,846

2 Beds
2 Baths
2,372 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $500,000 $211 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,755/month

23 Days on Market

Highlights

  • City View
  • Wood Siding
  • 4-minute walk to Memorial Park

About This Home

As of July 2021

Duplex home + TWO rambler homes on one parcel, in downtown Wenatchee. (Unit-7): 1 bed, 1 bath on main level of duplex. (Unit-8): 1 bed, 1 bath upstairs of duplex. *Both duplex units have access to shared laundry room on site. (Unit-9): 1 bed, 1 bath house +1 spare room in basement, approx. 1,152 sqft. with finished basement and laundry in unit. (Unit-10): 1 bed, 1 bath house, located in back closest to alleyway *Off-street parking and gravel private parking lot access. *Kitchen appliances & flooring in all units, updated. Convenient Location right by City Hall. *Gross Annual Income: $42,300. *Full-occupancy, tenants have various lease terms.

Last Agent to Sell the Property

Chelsea Fennell

CB Cascade - Wenatchee License #119817 Listed on: 04/09/2021

CB Cascade - Wenatchee

Last Buyer's Agent

Colton Riblett

Tamarack Home Group, LLC License #25018579

Tamarack Home Group, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1754475

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,725

Year Built

  • Built in 1916

Lot Details

  • 8,712

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,372 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • City Views

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Columbia Elementary School
  • Orchard Mid Middle School
  • Wenatchee High School

Additional Features

  • 8,712 Sq Ft Lot
  • Cable TV Available

Community Details

  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222010590446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,725

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1916
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2372
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Forced Air, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Alley
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Fair
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: PUD
  • WaterCompany: PUD
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Wenatchee
  • High School: Wenatchee High
  • Middle Or Junior School: Orchard Mid

Lot Info

  • Parcel Number: 222010590446
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Tax Assessment
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3525

Multi Family

  • Gross Scheduled Income: 42300
  • Number Of Units Total: 4
  • Leasable Area: 2872
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2725

MLS Schools

  • Elementary School: Columbia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 24, 2021
Sold by
Eider Properties Llc
Bought by
Stockton Lacy and Shaban Hassan
Seller's Agent
Chelsea Fennell
CB Cascade - Wenatchee
Buyer's Agent
Colton Riblett
Tamarack Home Group, LLC
List Price
$556,000
Sold Price
$500,000
Premium/Discount to List
-$56,000
-10.07%
Current Estimated Value
$437,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,718
Avg. Annual Appreciation
-3.10%
Original Mortgage
$375,000
Outstanding Balance
$339,516
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$97,766

Purchase Details

Closed on
Mar 18, 2016
Sold by
Cooper Chase
Bought by
Eider 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
$128,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2015
Sold by
Higgins Lee and Higgins Selina M
Bought by
Cooper Chase
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
Stockton Lacy $500,000 Central Washington Ttl Svcs
Eider Properties Llc $125,000 North Meridian Title & Escro
Cooper Chase -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockton Lacy $375,000
Previous Owner Eider Properties Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $500,000 -10.1% $211 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $556,000 -- $234 / 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
2021 $3,170 $323,300 $69,600 $253,700
2020 $2,888 $259,304 $49,500 $209,804
2019 $2,674 $279,318 $51,300 $228,018
2018 $2,563 $273,210 $34,650 $238,560
2017 $1,659 $214,327 $24,750 $189,577
2016 $1,318 $150,408 $22,500 $127,908
2015 $1,318 $116,023 $36,000 $80,023
2013 $1,318 $126,296 $45,000 $81,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1754475

Northwest Multiple Listing Service (NWMLS)

APN: 222010590446