Listed by Windermere Real Estate JS, Bought with John L. Scott RE Cle Elum
NOT LISTED FOR SALE

301 E 2nd St Cle Elum, WA 98922

Estimated Value: $452,000 - $653,000

2 Beds
4 Baths
2,454 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $380,000 $155 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,246/month

22 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Corner Lot

About This Home

As of November 2023

Investor - Builder Alert!! Estate Sale, 3 Unit Converted Apartment Building in Downtown Cle Elum with endless possibilities. Property is Zoned Multi Family and includes a 2 Bed 2 Bath Unit / 1 Bd 1 Bath Unit / Studio 1 Bath w/ Kitchen Unit. The structure is sound but in need of renovation and updating. The lower unit still has much of the original charm including Millwork, Hardwoods, Hardware and Enclosed Front Porch. Only 1 unit is currently occupied month to month at this time allowing for renovation in the others. Large unfinished Basement not included in the Sq Footage. Plenty of on and off street parking, storage sheds and on natural gas, within minutes to everything in Down Town Cle Elum.

Last Agent to Sell the Property

Bud Laird

Windermere Real Estate JS License #4945 Listed on: 09/27/2023

Windermere Real Estate JS

Last Buyer's Agent

Lindsey Flowers

John L. Scott RE Cle Elum License #127891

John L. Scott RE Cle Elum

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2165553

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Fixer Upper
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,454 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Cle Elum Roslyn Elementary School
  • Walter Strom Jnr Middle School
  • Cle Elum Roslyn High School

Utilities

  • Radiator

Community Details

  • No Home Owners Association
  • Cle Elum Subdivision

Listing and Financial Details

  • Assessor Parcel Number 773435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,398

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1920
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2454
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Triplex

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
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Cle Elum
  • WaterCompany: City of Cle Elum
  • WaterSewerGarbage: 3400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Cle Elum-Roslyn
  • High School: Cle Elum Roslyn High
  • Middle Or Junior School: Walter Strom Jnr

Lot Info

  • Parcel Number: 773435
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • GrossRentMultiplier: 58
  • LeasedItems: None
  • TotalMonthlyIncome: 650

Multi Family

  • Gross Scheduled Income: 650
  • Net Operating Income: 7800
  • Number Of Units Total: 3
  • Electric Expense: 2800
  • Insurance Expense: 2545
  • Leasable Area: 2430
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 66

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2398

MLS Schools

  • Elementary School: Cle Elum Roslyn Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 8, 2023
Sold by
Phillips R B
Bought by
Hansen Collective Llc
Seller's Agent
Bud Laird
Windermere Real Estate JS
Buyer's Agent
Lindsey Flowers
John L. Scott RE Cle Elum
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%
Views
24
Current Estimated Value
$576,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,483
Avg. Annual Appreciation
23.77%
Original Mortgage
$336,700
Interest Rate
7.31%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hansen Collective Llc $380,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Collective Llc $336,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $380,000 -10.6% $155 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $425,000 -5.6% $173 / Sq Ft
10/02/2023 10/02/23 For Sale $450,000 0.0% $183 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $450,000 -- $183 / 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 $2,273 $519,620 $90,400 $429,220
2023 $2,273 $396,530 $67,800 $328,730
2022 $296 $329,650 $52,800 $276,850
2021 $306 $320,990 $44,240 $276,750
2019 $333 $261,360 $35,440 $225,920
2018 $403 $187,020 $27,720 $159,300
2017 $403 $187,020 $27,720 $159,300
2016 $398 $187,020 $27,720 $159,300
2015 $370 $187,020 $27,720 $159,300
2013 -- $187,020 $27,720 $159,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2165553

Northwest Multiple Listing Service (NWMLS)

APN: 773435