NOT LISTED FOR SALE

420 E Chelan Ave Chelan, WA 98816

Estimated Value: $432,000 - $616,000

4 Beds
2 Baths
1,824 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $618,000 $339 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,456/month

130 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Thermal Windows
  • Territorial View
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Located on a very quiet street, zoned Multi-family, this newly remodeled duplex will make a great investment property. Or live in one unit and rent the other out, either way, it's a great deal. In walking distance to Downtown Chelan and adjacent to MOE school. The top unit (A) has two bedrooms, 1 bath, a kitchen and living room and enters from E Chelan Ave. The lower unit enters from the alley side and has the same amount of rooms just slightly smaller. Both units enjoy a yard with parking in front and in the rear. Totally remodeled just 8 years ago with a new roof installed in 2020. Appointments are welcome, please allow 24 hours for the convenience of the tenants. Call today! Lower unit is vacant and ready for a new tenant. Call today!

Last Agent to Sell the Property

Mary Signorelli

RE/MAX Advantage License #113023 Listed on: 01/06/2024

RE/MAX Advantage

Last Buyer's Agent

Mary Signorelli

RE/MAX Advantage License #113023 Listed on: 01/06/2024

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2189393

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $232

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Property is Fully Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Chelan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 272213512307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$232

Year Built

Built in 1931 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1931
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1824
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • PowerCompany: CHELAN COUNTY PUD
  • SewerCompany: CITY OF CHELAN
  • WaterCompany: CITY OF CHELAN

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Lake Chelan
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 272213512307
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: COUNTY
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Tax Info

  • Year: 2023
  • Tax Annual Amount: 232

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 40.49
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2015
Closed on
Dec 1, 2015
Sold by
The Bank Of New York Mellon
Bought by
Boyce Gerald W and Boyce Laura P
Seller's Agent
Kandi Wilson
eXp Realty
Buyer's Agent
Mary Signorelli
RE/MAX Advantage
List Price
$153,900
Sold Price
$161,250
Premium/Discount to List
$7,350
4.78%
Current Estimated Value
$553,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,589
Avg. Annual Appreciation
13.05%
Original Mortgage
$112,850
Outstanding Balance
$88,826
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$465,013

Purchase Details

Closed on
Jul 2, 2015
Sold by
Farias Negrete Dulce M
Bought by
The Bank Of New York Mellon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boyce Gerald W $161,250 Pioneer Title Co
The Bank Of New York Mellon $155,597 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyce Gerald W $112,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $618,000 -1.1% $339 / Sq Ft
05/22/2024 05/22/24 For Sale $625,000 0.0% $343 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $625,000 +1.1% $343 / Sq Ft
03/21/2024 03/21/24 For Sale $618,000 0.0% $339 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $618,000 0.0% $339 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $618,000 -1.1% $339 / Sq Ft
01/06/2024 01/06/24 For Sale $625,000 +287.6% $343 / Sq Ft
12/04/2015 12/04/15 Sold $161,250 +4.8% $177 / Sq Ft View Prior Sale
10/23/2015 10/23/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $153,900 -- $169 / 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 $2,884 $332,453 $49,560 $282,893
2020 $2,537 $306,451 $46,200 $260,251
2019 $2,061 $272,424 $46,200 $226,224
2018 $2,346 $227,055 $42,000 $185,055
2017 $1,935 $233,119 $42,000 $191,119
2016 $1,226 $205,383 $42,000 $163,383
2015 $1,226 $121,313 $42,000 $79,313
2013 $1,226 $111,892 $37,500 $74,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2189393

Northwest Multiple Listing Service (NWMLS)

APN: 272213512307