NOT LISTED FOR SALE

480 N Colorado Ave East Wenatchee, WA 98802

-- Bed
-- Bath
3,640 Sq Ft
0.35 Acres

Last Sold August 02, 2021

Last sale price $700,000 $192 Per Sq Ft

4 Days on Market

Highlights

  • Patio
  • Wood Siding
  • Wall to Wall Carpet
  • Central Air

About This Home

As of August 2021

Attention Investors! Well maintained and updated 4-plex that features townhouse-style units each with 2 bdrm, 1.5 bath. Also offers a spacious backyard, balconies, patios, central air, and lots of parking. No worries about vacancy here. Last advertised unit had 100 applications. Located a few blocks from the WV Mall and all services. Here's the perfect way to participate in the tremendous growth of the vibrant and beautiful Wenatchee Valley.

Last Agent to Sell the Property

Kelly Boyle

Premier One Properties License #10690 Listed on: 05/24/2021

Premier One Properties

Last Buyer's Agent

Matt Johnston

Northmarq Multifamily, LLC License #135732

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1779142

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 1972

Lot Details

  • 0.35

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Patio
  • 0.35 Acre Lot

Community Details

  • East Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40100003304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,243

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3640
  • Special Features: None
  • Cumulative Days on Market: 271

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Wall to Wall Carpet, Laminate
  • 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: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Douglas PUD
  • SewerCompany: East Wenatchee
  • WaterCompany: East Wenatchee
  • WaterSewerGarbage: 5450

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 40100003304
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 4150

Multi Family

  • Gross Scheduled Income: 49800
  • Net Operating Income: 38736
  • Number Of Units Total: 4
  • Insurance Expense: 1375
  • Leasable Area: 3640
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3243

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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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
08/02/2021 08/02/21 Sold $700,000 +7.7% $192 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $650,000 -- $179 / 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: 1779142

Northwest Multiple Listing Service (NWMLS)