NOT LISTED FOR SALE

323 Methow St Unit 1 Wenatchee, WA 98801

Estimated Value: $457,000 - $481,000

4 Beds
3 Baths
2,094 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $325,000 $155 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,980/month

51 Days on Market

Highlights

  • Patio
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of June 2020

Investment Opportunity!!! Tri-plex with 2- 1 bed/1bath units and 1- 2 bed/1 bath unit. Each unit has its own laundry area and basement access for storage. One unit is vacant, with new paint and flooring and waiting for an owner to live in and have the tenants help pay the mortgage.

Last Agent to Sell the Property

Stephenie Jones

Alpine Group License #27989 Listed on: 03/03/2020

Last Buyer's Agent

Susan Wall

Nick McLean Real Estate Group License #112451

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1571965

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1926

Lot Details

  • 6,970

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,094 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

  • Columbia Elementary School
  • Orchard Mid Middle School
  • Wenatchee High School

Additional Features

  • Patio
  • 6,970 Sq Ft Lot

Community Details

  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222010815166

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,011

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1926
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2094
  • Special Features: None
  • Cumulative Days on Market: 291

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2500

Schools

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

Lot Info

  • Parcel Number: 222010815166
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1890

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3011

Multi Family

  • Number Of Units Total: 3
  • Leasable Area: 2550
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 33

MLS Schools

  • Elementary School: Columbia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jun 5, 2020
Sold by
Ness Loren and Ness Jennifer
Bought by
Christensen Lynn and Christensen Maritza
Seller's Agent
Stephenie Jones
Alpine Group
Buyer's Agent
Susan Wall
Nick McLean Real Estate Group
List Price
$339,000
Sold Price
$325,000
Premium/Discount to List
-$14,000
-4.13%
Total Days on Market
51
Current Estimated Value
$472,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,555
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jul 7, 2005
Sold by
Ness Jennifer Cel
Bought by
Ness Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
5.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2005
Sold by
Siridakis John V
Bought by
Ness Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
5.58%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Christensen Lynn $325,000 None Available
Ness Loren -- Central Washington Title Ser
Ness Loren $140,000 Central Washington Title Ser
Siridakis John -- Central Washington Title Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ness Loren $133,000
Previous Owner Ness Loren $133,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $325,000 -4.1% $155 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $339,000 0.0% $162 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $339,000 0.0% $162 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $339,000 0.0% $162 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $339,000 -- $162 / 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 $3,382 $345,029 $69,600 $275,429
2020 $2,921 $262,592 $49,500 $213,092
2019 $3,012 $282,558 $51,300 $231,258
2018 $2,888 $307,889 $34,650 $273,239
2017 $2,757 $241,577 $24,750 $216,827
2016 $1,360 $250,820 $22,500 $228,320
2015 $1,360 $172,859 $36,000 $136,859
2013 $1,360 $164,091 $45,000 $119,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1571965

Northwest Multiple Listing Service (NWMLS)

APN: 222010815166