NOT LISTED FOR SALE

302 W 2nd St Cle Elum, WA 98922

Estimated Value: $464,000 - $603,100

5 Beds
4 Baths
3,096 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $216,000 $70 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,192/month

83 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of March 2017

Thinking of investing in rental property? This investment property featuring 3 units total, Duplex & detached cottage is close to downtown & is looking for a new owner. Great corner lot, convenient location within minutes of restaurants, shopping & services. Strong rental history. Duplex w/shared laundry facility, fenced yard, off-street parking & storage. Duplex units are vacant and ready to rent. Detached cottage has separately fenced yard, w/d hookups & provides for additional rental income.

Last Listed By

Kitty Wallace

RE/MAX Integrity License #23865 Listed on: 10/21/2016

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1045269

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,225

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Home Design

  • Triplex
  • Poured Concrete
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

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

Community Details

  • Cle Elum Subdivision

Listing and Financial Details

  • Assessor Parcel Number 283435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,225

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1925
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3096
  • Special Features: None
  • Cumulative Days on Market: 337

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Cle Elum
  • WaterCompany: City of Cle Elum
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 283435
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1675

Tax Info

  • Year: 2016

Multi Family

  • Number Of Units Total: 3
  • Leasable Area: 3096
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Cle Elum Roslyn Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2020
Sold by
Hensler Jeff
Bought by
Billings Rental Llc
Total Days on Market
83
Current Estimated Value
$542,275

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
$224,860
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$312,280

Purchase Details

Closed on
Apr 2, 2020
Sold by
Lippert Benjamin J and Lippert Kelli L
Bought by
Hensler Jeff

Purchase Details

Listed on
Oct 21, 2016
Closed on
Feb 27, 2017
Sold by
Scheer Mark P and Scheer Amy
Bought by
Lippert Benjamin J and Lippert Kelli L
Seller's Agent
Kitty Wallace
RE/MAX Integrity
Buyer's Agent
Kerry Jo Horn
John L. Scott Real Estate CLM
List Price
$229,000
Sold Price
$216,000
Premium/Discount to List
-$13,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
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

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
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
Open Billings Rental Llc $250,000
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
03/03/2017 03/03/17 Sold $216,000 -5.7% $70 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
10/22/2016 10/22/16 For Sale $229,000 -- $74 / 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: 1045269

Northwest Multiple Listing Service (NWMLS)

APN: 283435