Listed by Windermere RE K-2 Realty, Bought with Keller Williams Realty Spokane
$199,800
SOLD JUN 11, 2018

430 1st Ave NE Soap Lake, WA 98848

-- Bed
-- Bath
3,266 Sq Ft
0.41 Acres

Recently Sold

$61 Per Sq Ft

6 Days on Market

Highlights

  • Wood Siding
  • 1-Story Property
  • 1-minute walk to East Beach Park
  • Wall to Wall Carpet

About This Home

As of July 2019

Here is an opportunity to purchase 5 cabins in Soap Lake with great rental history. These are located two blocks from the lake, with excess property to add more cabins. These do need some work, so be ready to bring a tool belt and your skills to make these more desirable and potential for more income.

Last Agent to Sell the Property

Kevin Burgess

Windermere RE K-2 Realty License #12318 Listed on: 04/26/2018

Windermere RE K-2 Realty

Last Buyer's Agent

Julie Kelley-Peterson

Keller Williams Realty Spokane License #78594

Keller Williams Realty Spokane

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1280684

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 1930

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 150x125

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

  • Soap Lake Elementary School
  • Soap Lake Mid & High Middle School
  • Soap Lake Mid & High School

Community Details

  • Soap Lake Subdivision

Listing and Financial Details

  • Tax Lot 13-15
  • Assessor Parcel Number 081655000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,778

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1930
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 355

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Grant PUD
  • SewerCompany: City
  • WaterCompany: City of Soap Lake
  • WaterSewerGarbage: 7200

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Soap Lake
  • High School: Soap Lake Mid & High
  • Middle Or Junior School: Soap Lake Mid & High

Lot Info

  • Parcel Number: 081655000
  • Lot Size Acres: 0.4132
  • Lot Size: 150x125
  • Lot Size Sq Ft: 18000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 13-15

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 2575

Multi Family

  • Gross Scheduled Income: 30900
  • Net Operating Income: 15377
  • Number Of Units Total: 6
  • Electric Expense: 1400
  • Insurance Expense: 1200
  • Leasable Area: 3266
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 1778

MLS Schools

  • Elementary School: Soap Lake Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $250,000 -7.4% $77 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $270,000 +35.1% $83 / Sq Ft
06/11/2018 06/11/18 Sold $199,800 0.0% $61 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $199,800 -- $61 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1280684

Northwest Multiple Listing Service (NWMLS)