NOT LISTED FOR SALE

516 1st St Wenatchee, WA 98801

Estimated Value: $736,000 - $781,000

9 Beds
4 Baths
3,700 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $744,500 $201 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,926/month

71 Days on Market

Highlights

  • Mountain View
  • High Speed Internet
  • 3-minute walk to Pennsylvania Park
  • No HOA
  • Wood Siding

About This Home

As of August 2023

Newly remodeled 5-plex in the heart of Wenatchee on First Street situated on a corner lot with large covered porch, nice backyard and newly landscaped lawn & irrigation. Three blocks to downtown and centrally located with detached 2 car garage. New plumbing, electrical, & composite roof. Each unit has been fully updated with new cabinets, flooring, lighting, appliances, paint, kitchen & bathrooms. Community Washer/Dryer in Basement.

Last Listed By

Kevin Lynch

BHHS Leavenworth&Cascade Prop License #23649 Listed on: 05/05/2023

BHHS Leavenworth&Cascade Prop

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2062666

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 6,969 Sq Ft Lot

Property Views

  • Mountain
  • Limited

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 4-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Wenatchee Subdivision

Listing and Financial Details

  • Tax Lot 8 & (
  • Assessor Parcel Number 222003732420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3700
  • Special Features: VirtualTour
  • Cumulative Days on Market: 307

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Wenatchee
  • WaterCompany: City of Wenatchee
  • WaterSewerGarbage: 2600

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 222003732420
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 8 & (

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.53
  • LeasedItems: None
  • TotalMonthlyIncome: 5700

Multi Family

  • Gross Scheduled Income: 66000
  • Net Operating Income: 60489
  • Number Of Units Total: 5
  • Insurance Expense: 1910
  • Leasable Area: 3700
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1000.22

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2021
Sold by
Beverick Mike
Bought by
Lavelle Brenten and Lavelle Robin
Total Days on Market
71
Current Estimated Value
$752,833

Purchase Details

Closed on
Aug 15, 2018
Sold by
Sla Than and Sla Vanny Soun
Bought by
Krj Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2018
Sold by
Sla Than and Sla Vanny Soun
Bought by
Krj Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2006
Sold by
Allen Oral Edna
Bought by
Sla Than

Range of Values:

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Average Value
Not Available
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
Lavelle Brenten $41,000 Accommodation
Krj Estates Llc $169,000 Pioneer Title Co
Sla Than $4,372,977 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krj Estates Llc $122,500
Previous Owner Krj Estates Llc $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $744,500 -0.7% $201 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $749,500 -6.2% $203 / Sq Ft
07/10/2023 07/10/23 For Sale $799,000 +7.3% $216 / Sq Ft
06/29/2023 06/29/23 Off Market $744,500 -- --
05/30/2023 05/30/23 Price Changed $799,000 -9.1% $216 / Sq Ft
05/05/2023 05/05/23 For Sale $879,000 -- $238 / 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 $1,487 $150,744 $42,858 $107,886
2020 $1,610 $151,903 $42,858 $109,045
2019 $1,490 $154,994 $42,858 $112,136
2018 $2,543 $151,594 $42,858 $108,736
2017 $1,880 $212,621 $38,400 $174,221
2016 $2,083 $170,593 $40,000 $130,593
2015 $2,083 $170,526 $40,000 $130,526
2013 $2,083 $169,698 $40,000 $129,698
Source: Public Records

Agents Affiliated with this Home

  • Kevin Lynch

    Seller's Agent in 2023

    Kevin Lynch

    BHHS Leavenworth&Cascade Prop

    (509) 433-1020

    168 Total Sales

    Kevin Lynch
    Section Image
  • Kelly Pedeferri

    Seller Co-Listing Agent in 2023

    Kelly Pedeferri

    BHHS Leavenworth&Cascade Prop

    (206) 679-2985

    67 Total Sales

    Kelly Pedeferri
    Section Image
  • Nicole Begin

    Buyer's Agent in 2023

    Nicole Begin

    John L. Scott Real Estate

    (509) 995-6926

    65 Total Sales

    Nicole Begin
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2062666

Northwest Multiple Listing Service (NWMLS)

APN: 222003732420

Washington Chelan County Wenatchee 98801

516 1st St, Wenatchee, WA

Homes for Sale in Wenatchee, WA

This home is located at 516 1st St, Wenatchee, WA 98801 since 05 May 2023 and is currently estimated at $752,833, approximately $203 per square foot. This property was built in 1910. 516 1st St is a home located in Chelan County with nearby schools including Columbia Elementary School, Orchard Middle School, and Wenatchee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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