Listed by WindermereRE/Central Basin LLC, Bought with Sunset Real Estate
NOT LISTED FOR SALE

727 729 2nd Ave NE Soap Lake, WA 98851

Estimated Value: $250,000 - $388,000

4 Beds
2 Baths
1,804 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $210,000 $116 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,009/month

10 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Patio
  • City View
  • Thermal Windows
  • High Speed Internet

About This Home

As of March 2021

These units are in good condition, with good tenants. Several off street parking spaces in front and in back of the units. Large 12,000 sq ft lot. All appliances included. Concrete poured for future additional building, however, buyer should consult with City building department to research current codes. Great investment!

Last Agent to Sell the Property

Debra Adams

WindermereRE/Central Basin LLC License #11995 Listed on: 01/22/2021

WindermereRE/Central Basin LLC

Co-Listed By

Scott Adams

WindermereRE/Central Basin LLC License #115233

Last Buyer's Agent

Amanda Cruz

Sunset Real Estate License #27390

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1720464

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 2000

Lot Details

  • 0.28 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,804 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • City Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Soap Lake Elementary School
  • Soap Lake Mid & High Middle School

Utilities

  • High Speed Internet

Community Details

  • Soap Lake Heights 1St Addn Condos
  • Soap Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block E 100' of W250' Lot 3 / 5
  • Assessor Parcel Number 080802000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,580

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2000
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Soap Lake Heights 1st Addn
  • New Construction: No
  • CalculatedSquareFootage: 1804
  • Special Features: None
  • Cumulative Days on Market: 359

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Grant County PUD
  • SewerCompany: City of Soap Lake
  • WaterCompany: City of Soap Lake
  • WaterSewerGarbage: 2500

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Soap Lake
  • High School: Buyer To Verify
  • Middle Or Junior School: Soap Lake Mid & High

Lot Info

  • Parcel Number: 080802000
  • Lot Size Acres: 0.2754
  • Lot Size Sq Ft: 11996
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • LotNumber: E 100' of W250' Lot 3

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Multi Family

  • Gross Scheduled Income: 18000
  • Net Operating Income: 11170
  • Number Of Units Total: 2
  • Insurance Expense: 950
  • Leasable Area: 1804
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1580

MLS Schools

  • Elementary School: Soap Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 9, 2021
Sold by
Balle Humberto and Balle Alma C
Bought by
Anderson James E and Anderson Andrea C
Seller's Agent
Debra Adams
WindermereRE/Central Basin LLC
Buyer's Agent
Amanda Cruz
Sunset Real Estate
List Price
$198,000
Sold Price
$210,000
Premium/Discount to List
$12,000
6.06%
Current Estimated Value
$339,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,328
Avg. Annual Appreciation
10.85%
Original Mortgage
$115,000
Outstanding Balance
$104,254
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$227,547

Purchase Details

Closed on
Mar 22, 2016
Sold by
Tongue David
Bought by
Balle Humberto and Balle Alma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Anderson James E $210,000 First American Title Ins Co
Balle Humberto $105,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson James E $115,000
Previous Owner Balle Humberto $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $210,000 +6.1% $116 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $198,000 -- $110 / 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
2024 $1,923 $198,102 $19,530 $178,572
2023 $1,866 $196,740 $19,530 $177,210
2022 $1,952 $196,740 $19,530 $177,210
2021 $1,469 $196,740 $19,530 $177,210
2020 $1,580 $142,610 $19,530 $123,080
2019 $1,610 $159,080 $14,280 $144,800
2018 $1,760 $137,015 $12,240 $124,775
2017 $1,677 $137,015 $12,240 $124,775
2016 $1,457 $115,785 $12,240 $103,545
2013 -- $74,890 $14,400 $60,490
Source: Public Records

Agents Affiliated with this Home

  • Debra Adams

    Seller's Agent in 2021

    Debra Adams

    Windermere Corporate

    (509) 797-3698

    139 Total Sales

    Section Image
  • Scott Adams

    Seller Co-Listing Agent in 2021

    Scott Adams

    Windermere Corporate

    (509) 797-3698

    128 Total Sales

    Section Image
  • Amanda Cruz

    Buyer's Agent in 2021

    Amanda Cruz

    Sunset Real Estate

    (509) 431-1787

    102 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1720464

Northwest Multiple Listing Service (NWMLS)

APN: 080802000

Washington Grant County Soap Lake 98851

727 729 2nd Ave NE, Soap Lake, WA

This home is located at 727 729 2nd Ave NE, Soap Lake, WA 98851 since 22 January 2021 and is currently estimated at $339,328, approximately $188 per square foot. This property was built in 2000. 727 729 2nd Ave NE is a home located in Grant County with nearby schools including Soap Lake Elementary School, Soap Lake Middle/High School, and RISE Academy.

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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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