NOT LISTED FOR SALE

538 S Chelan Ave Wenatchee, WA 98801

Estimated Value: $283,000 - $298,076

1 Bed
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $165,000

Est. 76% increase in value since last sale

Current estimated payment $1,836/month

60 Days on Market

Highlights

  • Wood Siding
  • 1-Story Property
  • 4-minute walk to Peshastin Pinnacles State Park
  • Wall to Wall Carpet

About This Home

As of June 2018

What a great cash flow from this property. $2,300/month rental income. All three units are stand alone houses. Electric heat. Net Operating Income approximately $16.685, which is about a 10% return. Great location right in the center of the path of progress.

Last Agent to Sell the Property

Steve Bishop

Premier One Properties License #23943 Listed on: 03/12/2018

Premier One Properties

Co-Listed By

Sharon Moreland

Premier One Properties License #65387

Last Buyer's Agent

Scott Teuber

George Washington Realty License #7915

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1256983

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1926

Lot Details

  • 6,970

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Columbia Elementary School
  • Pioneer Mid Middle School
  • Wenatchee High School

Additional Features

  • 1-Story Property
  • 6,970 Sq Ft Lot

Community Details

  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222010815560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,118

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1926
  • Buyer Agency Compensation: 3/1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • SOCComments: 3% First Hundred Thousand/1.5 thereafter
  • Special Features: None
  • Cumulative Days on Market: 339

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3516

Schools

  • Junior High Dist: Wenatchee
  • High School: Wenatchee High
  • Middle Or Junior School: Pioneer Mid

Lot Info

  • Parcel Number: 222010815560
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Multi Family

  • Net Operating Income: 16685
  • Number Of Units Total: 3
  • Leasable Area: 1900
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018

MLS Schools

  • Elementary School: Columbia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 31, 2018
Sold by
Flores Joyce E
Bought by
Belonis Miguel
Seller's Agent
Steve Bishop
Premier One Properties
Buyer's Agent
Scott Teuber
George Washington Realty
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Total Days on Market
60
Current Estimated Value
$291,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,025
Avg. Annual Appreciation
7.98%
Original Mortgage
$165,000
Interest Rate
6%

Purchase Details

Closed on
Nov 29, 2017
Sold by
Flores Joyce E and Estate Of David Alan Flores
Bought by
Flores Joyce E
Source: Public Records

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
Belonis Miguel $165,000 First American Title
Flores Joyce E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Belonis Miguel $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $165,000 -8.3% --
05/12/2018 05/12/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $179,900 -- --
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 $2,118 $215,382 $69,600 $145,782
2020 $1,919 $169,975 $49,500 $120,475
2019 $1,731 $185,071 $51,300 $133,771
2018 $1,622 $176,327 $34,650 $141,677
2017 $982 $135,219 $24,750 $110,469
2016 $866 $88,524 $22,500 $66,024
2015 $866 $77,811 $36,000 $41,811
2013 $866 $88,800 $45,000 $43,800
Source: Public Records

Agents Affiliated with this Home

  • Steve Bishop

    Seller's Agent in 2018

    Steve Bishop

    Premier One Properties

    (509) 679-7004

    278 Total Sales

    Steve Bishop
    Section Image
  • Sharon Moreland

    Seller Co-Listing Agent in 2018

    Sharon Moreland

    Premier One Properties

    (509) 670-0075

    257 Total Sales

    Sharon Moreland
    Section Image
  • Scott Teuber

    Buyer's Agent in 2018

    Scott Teuber

    George Washington Realty

    (509) 797-3634

    167 Total Sales

    Scott Teuber
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1256983

Northwest Multiple Listing Service (NWMLS)

APN: 222010815560

Washington Chelan County Wenatchee 98801

538 S Chelan Ave, Wenatchee, WA

This home is located at 538 S Chelan Ave, Wenatchee, WA 98801 since 12 March 2018 and is currently estimated at $291,025. This property was built in 1926. 538 S Chelan Ave is a home located in Chelan County with nearby schools including John Newbery Elementary School, Foothills 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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