Listed by ER Properties
NOT LISTED FOR SALE

320 Methow St Wenatchee, WA 98801

Estimated Value: $393,000 - $651,796

4 Beds
3 Baths
8,276 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $232,750 $28 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,006/month

38 Days on Market

About This Home

As of March 2020

Investor's opportunity! Four Rental Units all occupied! Older home, with so much potential. Unfinished basement with possibility to expand!

Last Agent to Sell the Property

Erika Rodriguez

ER Properties License #24001931 Listed on: 02/08/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1563359

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1918

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Covered Spaces

Home Design

  • Quadruplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 8,276 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Schools

  • Wenatchee High School

Community Details

  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222010534065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,665

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1918
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8276
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Sewer: Available
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Electric
  • PowerCompany: Chelan PUD
  • SewerCompany: Wenatchee City
  • WaterCompany: Wenatchee City

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Wenatchee
  • High School: Wenatchee High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 222010534065
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Tax Info

  • Year: 2018
  • Tax Annual Amount: 1665

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 200
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Matthew Flynn
Bought by
Lewman Holdings Llc
Current Estimated Value
$480,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$364,262
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,337

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 26, 2020
Sold by
Aguilar Eliseo Muniz
Bought by
Flynn Matthew
Seller's Agent
Erika Rodriguez
ER Properties
List Price
$299,900
Sold Price
$232,750
Premium/Discount to List
-$67,150
-22.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%
Original Mortgage
$150,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 24, 2020
Sold by
Johnson Bethany P
Bought by
Flynn Matthew
Seller's Agent
Erika Rodriguez
ER Properties
List Price
$299,900
Sold Price
$232,750
Premium/Discount to List
-$67,150
-22.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2007
Sold by
Barry J Douglas and Barry Pam N
Bought by
Aguilar Eliseo Muniz
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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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
Lewman Holdings Llc $325,000 North Meridian Title
Flynn Matthew $245,000 First American Title Ins Co
Flynn Matthew -- First American Ttl Wenatchee
Aguilar Eliseo Muniz $100,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewman Holdings Llc $390,000
Previous Owner Flynn Matthew $150,000
Previous Owner Flynn Matthew $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $232,750 -22.4% $28 / Sq Ft
02/08/2020 02/08/20 For Sale $299,900 -- $36 / 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 $2,680 $273,055 $69,600 $203,455
2020 $1,666 $172,421 $49,500 $122,921
2019 $1,472 $160,397 $51,300 $109,097
2018 $1,418 $149,721 $34,650 $115,071
2017 $1,442 $118,083 $24,750 $93,333
2016 $1,285 $130,597 $22,500 $108,097
2015 $1,285 $102,069 $36,000 $66,069
2013 $1,285 $110,592 $45,000 $65,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1563359

Northwest Multiple Listing Service (NWMLS)

APN: 222010534065