NOT LISTED FOR SALE

485 N Joseph Ave East Wenatchee, WA 98802

Estimated Value: $544,839 - $707,000

5 Beds
3 Baths
2,112 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $542,500 $257 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,380/month

60 Days on Market

Highlights

  • Mountain View
  • Partially Fenced Property
  • Mini Split Air Conditioners
  • Wood Flooring
  • Wood Siding
  • 1-Story Property

About This Home

As of January 2022

This well maintained Duplex is found in a central location in beautiful East Wenatchee. One side has 3 bedrooms and 2 baths and the other side has 2 bedrooms and 1 bath. This duplex also has a great backyard and sits back on a private dead end street. Other features include a new roof in 2020 and all new insulation in 2021. Smaller unit has a mini split unit that was just installed in 2021. Seller pays water and tenants pay other utilities. All appliances stay in both units. 2 Electrical meters. These units are turn key and ready for a new investor! Please do not drive by and bother tenants. Both units are occupied. Shown By Appointment Only.

Last Listed By

Kelly Thompson

Premier One Properties License #27115 Listed on: 10/07/2021

Premier One Properties

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1849738

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1977

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Kenroy Elementary School
  • Clovis Point Intermediate
  • Eastmont Snr High School

Utilities

  • Mini Split Air Conditioners

Community Details

  • East Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60100300104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,162

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3/1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2112
  • SOCComments: 3% on first $100K and 1.5% after
  • Special Features: None
  • Cumulative Days on Market: 313

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 90

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Eastmont
  • High School: Eastmont Snr High
  • Middle Or Junior School: Clovis Point Intermediate

Lot Info

  • Parcel Number: 60100300104
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2925

Multi Family

  • Gross Scheduled Income: 35100
  • Number Of Units Total: 2
  • Insurance Expense: 487
  • Leasable Area: 2112
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3162

MLS Schools

  • Elementary School: Kenroy Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 19, 2022
Sold by
Dennis Herrera
Bought by
Clark Brenda R and Nelson Stephanie L
Seller's Agent
Kelly Thompson
Premier One Properties
Buyer's Agent
Heidi Favor
Premier One Properties
List Price
$579,900
Sold Price
$542,500
Premium/Discount to List
-$37,400
-6.45%
Total Days on Market
60
Current Estimated Value
$603,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,210
Avg. Annual Appreciation
3.12%
Original Mortgage
$392,500
Outstanding Balance
$366,593
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$234,231

Purchase Details

Closed on
Sep 22, 2020
Sold by
Cervantes Miguel and Cervantes Paulina
Bought by
Herrera Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2010
Sold by
Parks Timothy A and Parks Deborah J
Bought by
Cervantes Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Clark Brenda R $542,500 North Meridian Title
Herrera Dennis $375,000 North Meridian Ttl Escrow Ll
Cervantes Miguel $250,130 North Meridian Title & Escro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Brenda R $392,500
Previous Owner Herrera Dennis $318,750
Previous Owner Cervantes Miguel C $177,000
Previous Owner Cervantes Miguel $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $542,500 -3.0% $257 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $559,000 -3.6% $265 / Sq Ft
10/07/2021 10/07/21 For Sale $579,900 -- $275 / 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
2025 $400 $456,700 $100,000 $356,700
2024 $4,235 $456,700 $100,000 $356,700
2023 $4,524 $424,100 $100,000 $324,100
2022 $4,042 $356,300 $80,000 $276,300
2021 $3,493 $356,300 $80,000 $276,300
2020 $3,361 $280,600 $72,000 $208,600
2018 $3,072 $244,900 $60,000 $184,900
2017 $2,433 $244,900 $60,000 $184,900
2016 $1,804 $207,700 $60,000 $147,700
2015 $1,882 $161,700 $60,000 $101,700
2014 -- $161,700 $60,000 $101,700
2013 -- $161,700 $60,000 $101,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1849738

Northwest Multiple Listing Service (NWMLS)

APN: 60-10-03-00104