Listed by Nick McLean Real Estate Group, Bought with Windermere RE/Lake Chelan
NOT LISTED FOR SALE

243 N Emerson Ave Wenatchee, WA 98801

Estimated Value: $375,000 - $450,559

2 Beds
2 Baths
2,328 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: April 26, 2024

Last sale price $402,500 $173 Per Sq Ft

Current estimated payment $2,431 / mo

47 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Pennsylvania Park
  • Vinyl Plank Flooring

About This Home

As of April 2024

MOTIVATED SELLERS!! Great opportunity to own a multi-family tri-plex in the heart of Wenatchee. Ample on-site parking. The largest unit boasts just under 1,200 sqft of living space with two bedrooms, along with open-concept living. 2nd unit with 628 sqft and one bedroom/one bathroom. 3rd Unit with 500 sqft and one bedroom/one bathroom. Community laundry in the basement services all three units. Wenatchee is thriving and now is the time to purchase this multi-family property. Purchase as an investment, or live in one unit and rent out the others for positive cash flow. Financials are available as per request.

Last Agent to Sell the Property

Angie Coleman

Nick McLean Real Estate Group License #114699 Listed on: 02/21/2024

Last Buyer's Agent

Arturo Zavala

Windermere RE/Lake Chelan License #116445

Windermere RE/Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2200417

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Triplex
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property

Flooring

  • Vinyl Plank
  • Vinyl

Schools

  • Orchard Mid Middle School
  • Wenatchee High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222003548080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,748

Year Built

Built in 1930

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1930
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2328
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Wenatchee
  • WaterCompany: City of Wenatchee

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 222003548080
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3100

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2748

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Nov 29, 2018
Sold by
Bought by
Seller's Agent
Steve Bishop
Premier One Properties
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$400,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,853
Avg. Annual Appreciation
7.64%
Original Mortgage
$149,500
Outstanding Balance
$131,713
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$269,140
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Wenatch
$230,000 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $149,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $402,500 +0.9% $173 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $399,000 0.0% $171 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $399,000 -7.2% $171 / Sq Ft
03/04/2024 03/04/24 For Sale $429,900 0.0% $185 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $429,900 +86.9% $185 / Sq Ft
11/30/2018 11/30/18 Sold $230,000 -4.1% -- View Prior Sale
10/16/2018 10/16/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $239,900 -4.0% --
08/16/2018 08/16/18 For Sale $249,900 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,125 $399,288 $100,000 $299,288
2024 $2,993 $361,862 $100,000 $261,862
2023 $2,993 $355,180 $100,800 $254,380
2022 $2,083 $311,471 $60,000 $251,471
2021 $2,181 $211,808 $40,000 $171,808
2020 $1,901 $207,267 $40,000 $167,267
2019 $1,421 $183,299 $40,000 $143,299
2018 $1,396 $144,532 $40,000 $104,532
2017 $1,255 $116,224 $48,000 $68,224
2016 $1,214 $113,541 $40,000 $73,541
2015 $1,214 $106,657 $40,000 $66,657
2013 $1,214 $103,148 $40,000 $63,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2200417

Northwest Multiple Listing Service (NWMLS)

APN: 222003548080

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