Listed by Laura Mounter Real Estate, Bought with eXp Realty
NOT LISTED FOR SALE

517 N Baker Ave East Wenatchee, WA 98802

Estimated Value: $393,575 - $535,000

4 Beds
2 Baths
1,484 Sq Ft
$304/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $405,000 $273 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,414/month

5 Days on Market

Highlights

  • City View
  • Patio
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

As of July 2024

Conforming DUPLEX nestled in the heart of East Wenatchee with short-term rental flexibility! Multifamily residence consists of (2) 2-bed/1-bath units, ~750sf, washer/dryer hookup, storage, private patio & carport parking. Proforma Gross Income supports +$36,000/annually with all leases currently month-to-month, allowing for owner occupancy or the potential to increase rents for a higher ROI. Unit 517 has been remodeled and previously used as Airbnb, showcasing STR potential. Unit 519 needs cosmetic reno to yield optimal rents. Long term tenants in place. Close to shopping and incredible views of the Wenatchee Foothills. Let's invest for the future.

Last Agent to Sell the Property

Danny Zavala

Laura Mounter Real Estate License #20116095 Listed on: 05/14/2024

Last Buyer's Agent

Sara Wagg

eXp Realty License #22004525

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2236529

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System
  • Property is in good condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Lee Elementary School
  • Eastmont Jnr High Middle School
  • Eastmont Snr High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • East Wenatchee Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 40100002806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.50
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1484
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Douglas County PUD
  • SewerCompany: Douglas County Sewer District
  • WaterCompany: East Wenatchee Water District
  • WaterSewerGarbage: 1839.72

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Eastmont
  • High School: Eastmont Snr High
  • Middle Or Junior School: Eastmont Jnr High

Lot Info

  • Parcel Number: 40100002806
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 28

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.2
  • LeasedItems: None
  • TotalMonthlyIncome: 1980

Multi Family

  • Gross Scheduled Income: 23760
  • Net Operating Income: 17108
  • Number Of Units Total: 2
  • Electric Expense: 535
  • Insurance Expense: 1676.63
  • Leasable Area: 1484
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2600.23

MLS Schools

  • Elementary School: Lee Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 2, 2024
Sold by
Penado Jose Marcos Diaz and Urquilla Rosa T
Bought by
Urquilla Rosa T
Seller's Agent
Danny Zavala
Laura Mounter Real Estate
Buyer's Agent
Sara Wagg
eXp Realty
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Views
16
Current Estimated Value
$451,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,144
Avg. Annual Appreciation
10.25%
Original Mortgage
$384,750
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 1, 2024
Sold by
Schwarzmiller Zachary and Schwarzmiller Molly
Bought by
Urquilla Rosa and Urquilla Ivon L
Seller's Agent
Danny Zavala
Laura Mounter Real Estate
Buyer's Agent
Sara Wagg
eXp Realty
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 27, 2024
Sold by
Schwarzmiller Zachary and Schwarzmiller Molly
Bought by
Urquilla Rosa and Urquilla Ivon L
Seller's Agent
Danny Zavala
Laura Mounter Real Estate
Buyer's Agent
Sara Wagg
eXp Realty
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 27, 2020
Sold by
Dexter Dennis and Dexter Lori
Bought by
Schwarzmiller Zachary and Schwarzmiller Molly
Buyer's Agent
Zach Schwarzmiller
Waterstone Properties
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$274,928
Interest Rate
3.4%
Mortgage Type
FHA
Source: Public Records

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
Urquilla Rosa T -- Fig Title
Urquilla Rosa $405,000 Fig Title
Urquilla Rosa $405,000 Fig Title
Schwarzmiller Zachary $280,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urquilla Rosa $384,750
Previous Owner Schwarzmiller Zachary $274,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $405,000 +5.2% $273 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $385,000 +37.5% $259 / Sq Ft
03/31/2020 03/31/20 Sold $280,000 0.0% $189 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $280,000 -- $189 / 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 $260 $310,200 $100,000 $210,200
2024 $2,811 $316,300 $100,000 $216,300
2023 $2,980 $292,200 $100,000 $192,200
2022 $2,753 $249,200 $80,000 $169,200
2021 $2,502 $249,200 $80,000 $169,200
2020 $2,429 $207,400 $72,000 $135,400
2018 $2,261 $183,300 $60,000 $123,300
2017 $1,678 $183,300 $60,000 $123,300
2016 $1,375 $144,900 $60,000 $84,900
2015 $1,435 $123,300 $60,000 $63,300
2014 -- $123,300 $60,000 $63,300
2013 -- $123,300 $60,000 $63,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2236529

Northwest Multiple Listing Service (NWMLS)

APN: 40-10-00-02806