Listed by John L. Scott RE Cle Elum
NOT LISTED FOR SALE

302 W 2nd St Unit A-D Cle Elum, WA 98922

Estimated Value: $531,000 - $667,541

5 Beds
4 Baths
3,096 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $391,000 $126 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,217/month

6 Days on Market

Highlights

  • City View
  • Patio
  • Partially Fenced Property
  • Corner Lot
  • High Speed Internet
  • Wood Siding

About This Home

As of April 2020

Amazing opportunity for investment real estate. This 4 unit apartment home is a great opportunity to make some rental income. You could live in one unit and rent out the other 3 - or rent all 4! Has storage, flat back yard, fenced w/ outbuilding & new insulation blown in . Each unit has been painted, new heaters, & updated. Unit's have open floor plans. Great location, in town, close walking distance to stores and parks, . Lots of Street parking. Well maintained property. It is a must see!

Last Agent to Sell the Property

Kerry Jo Horn

John L. Scott RE Cle Elum License #113080 Listed on: 03/11/2020

John L. Scott RE Cle Elum

Co-Listed By

Rod Jovanovich

John L Scott Lake Cle Elum License #93019

John L Scott Lake Cle Elum

Last Buyer's Agent

Rod Jovanovich

John L Scott Lake Cle Elum License #93019

John L Scott Lake Cle Elum

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1576324

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 3,096 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Cle Elum Subdivision

Listing and Financial Details

  • Assessor Parcel Number 283435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1925
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3096
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Metal
  • View: City, Mountain(s), Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: city of Cle Elum
  • WaterCompany: city of Cle Elum
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Cle Elum-Roslyn

Lot Info

  • Parcel Number: 283435
  • Lot Size Acres: 0.14
  • Lot Size: 50 x 120
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: PUBLIC RECRODS
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

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

Multi Family

  • Gross Scheduled Income: 3300
  • Number Of Units Total: 6
  • Leasable Area: 3096
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2020
Sold by
Hensler Jeff
Bought by
Billings Rental Llc
Current Estimated Value
$571,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$223,864
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$318,411

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 2, 2020
Sold by
Lippert Benjamin J and Lippert Kelli L
Bought by
Hensler Jeff
Seller's Agent
Kerry Jo Horn
John L. Scott RE Cle Elum
Buyer's Agent
Rod Jovanovich
John L Scott Lake Cle Elum
List Price
$395,000
Sold Price
$391,000
Premium/Discount to List
-$4,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Scheer Mark P and Scheer Amy
Bought by
Lippert Benjamin J and Lippert Kelli L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
4.19%

Purchase Details

Closed on
Aug 15, 2012
Sold by
Hidden Valley Ii Llc
Bought by
Scheer Mark P

Purchase Details

Closed on
Jun 7, 2007
Sold by
Scheer Mark P and Curtis Scheer Kimberly J
Bought by
Hidden Valley Ii Llc

Purchase Details

Closed on
Feb 20, 2007
Sold by
Nendick Maureen G
Bought by
Scheer Mark P and Curtis Scheer Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.21%
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
Billings Rental Llc -- None Available
Hensler Jeff $396,000 None Available
Lippert Benjamin J $185,663 None Available
Scheer Mark P $123,375 Amerititle
Hidden Valley Ii Llc -- None Available
Scheer Mark P $310,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lippert Benjamin J $172,800
Previous Owner Scheer Mark P $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2020 04/06/20 Sold $391,000 -1.0% $126 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $395,000 -- $128 / 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 $2,225 $494,300 $100,000 $394,300
2023 $2,225 $385,500 $75,000 $310,500
2022 $2,230 $310,920 $60,000 $250,920
2021 $2,245 $300,920 $50,000 $250,920
2019 $2,092 $259,270 $40,000 $219,270
2018 $1,771 $195,980 $33,000 $162,980
2017 $1,771 $195,980 $33,000 $162,980
2016 $1,762 $195,980 $33,000 $162,980
2015 $1,695 $195,980 $33,000 $162,980
2013 -- $195,980 $33,000 $162,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1576324

Northwest Multiple Listing Service (NWMLS)

APN: 283435