Development opportunity, Priced well below Assessed Value. Value in the land. Four parcels. Older small rental home and even smaller vacant home on 11 city lots, totally 1.60 acres. The property is zoned for many downtown mixed uses i.e. multifamily homes, apartments or town homes. Can also be boundary adjusted for more options. The property has several terraces, the upper tier offering great views of the city, Lake Chelan and surrounding foothills The property is served by city water, sewer and PUD power. The structures are in fair condition, but not financeable,. Good access off Allen Ave. A portion of Chelan St has also been vacated to expand the acreage to just shy of 2 acres.
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ICE
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First American
First American
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Quantarium
Quantarium
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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
Tax History
Year
Tax Paid
Tax AssessmentTax 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
$1,425
$163,244
$73,151
$90,093
2020
$1,290
$158,445
$73,151
$85,294
2019
$1,213
$137,548
$68,191
$69,357
2018
$1,181
$133,006
$68,191
$64,815
2017
$1,241
$116,692
$68,191
$48,501
2016
$1,241
$131,149
$68,191
$62,958
2015
$1,241
$102,257
$60,312
$41,945
2013
$1,241
$99,271
$53,850
$45,421
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
06/13/202506/13/25
Pending
--
--
--
03/18/202503/18/25
Price Changed
$650,000
+30.0%
$671 / Sq Ft
03/18/202503/18/25
For Sale
$499,900
--
$516 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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