6% RETURN ON INVESTMENT! Duplex with panoramic river view and privacy in a quiet East Wenatchee location. Both units were just updated with new stainless kitchen appliances, granite counters, laminate flooring, lighting fixtures, interior paint, trim, carpet, sinks, toilets and a new slider to the view deck. Wall between living and dining was removed to create an open floor plan.
Premier One PropertiesLicense #24772Listed on: 01/29/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1558616
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,483
Year Built
Built in 1991 | Remodeled
Lot Details
0.43 Acre Lot
Cul-De-Sac
Secluded Lot
Sprinkler System
Property Views
River
Mountain
Territorial
Home Design
Duplex
Brick Exterior Construction
Poured Concrete
Metal Roof
Wood Composite
Interior Spaces
2,000 Sq Ft Home
1-Story Property
Flooring
Wall to Wall Carpet
Laminate
Parking
4 Parking Spaces
2 Covered Spaces
Open Parking
Outdoor Features
Deck
Schools
Grant Elementary School
Eastmont Jnr High Middle School
Eastmont Snr High School
Utilities
Central Air
Septic Tank
Septic System
Community Details
Lot 3; J & M Investments Short Plat Ewlp 13 22 20 Condos
East Wenatchee Subdivision
Listing and Financial Details
Tax Lot 3
Assessor Parcel Number 40200006020
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,483
Year Built
Built in 1991 | Remodeled
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1991
Buyer Agency Compensation: 3/1.5
MLS Status: Sold
Prev Status: Closed
Building Name: LOT 3; J & M INVESTMENTS SHORT PLAT EWLP 13-22-20
New Construction: No
CalculatedSquareFootage: 2000
SOCComments: Variable rate commission, see remarks.
Special Features: None
Cumulative Days on Market: 266
Interior Features
Possible Use: Residential
Fireplace: No
Flooring: Laminate, Carpet
Interior Amenities: Central A/C, Forced Air, Laminate Hardwood, Wall to Wall Carpet
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Metal
View: Mountain(s), River, Territorial
Lot Features: Cul-De-Sac, Paved, Secluded
View: Yes
Waterfront: No
Exterior Features: Brick, Wood Products
Foundation Details: Poured Concrete
Property Condition: Remodeled
Structure Type: Duplex
ConstructionMethods: Standard Frame
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: Septic Tank
Water Source: Public
Cooling Y N: Yes
Utilities: Septic System, Electric
PowerCompany: PUD
SewerCompany: EWSD
WaterCompany: EWWD
WaterSewerGarbage: 1336
Condo/Co-op/Association
Association Fee Frequency: Annually
Schools
Junior High Dist: Eastmont
High School: Eastmont Snr High
Middle Or Junior School: Eastmont Jnr High
Lot Info
Parcel Number: 40200006020
Lot Size Acres: 0.43
Lot Size Sq Ft: 18731
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Deck,Sprinkler System
MLSLotSizeSource: Assessor
ZoningJurisdiction: City
ZoningClass: Residential
LotNumber: 3
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 13
LeasedItems: None
TotalMonthlyIncome: 2900
Multi Family
Gross Scheduled Income: 34800
Net Operating Income: 28719
Number Of Units Total: 2
Insurance Expense: 866
Leasable Area: 2000
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2020
Tax Annual Amount: 3483
MLS Schools
Elementary School: Grant Elem
Ownership History
DateNameOwned ForOwner Type
Feb 2021 - PresentCalingaert Christopher and Schutter Tawni L4 Years and 3 Months
Private Individual
Purchase Details
Closed on
Feb 19, 2021
Sold by
Callingaret Christopher and Schutter Tawni L
Bought by
Calingaert Christopher and Schutter Tawni L
Total Days on Market
7
Current Estimated Value
$598,906
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,700
Outstanding Balance
$311,583
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$249,007
Feb 2020 - Feb 2021Schutter Tawni L and Calingaert Christopher1 Year
Private Individual
Purchase Details
Listed on
Jan 29, 2020
Closed on
Feb 20, 2020
Sold by
Calingaert Christopher and Schutter Tawni L
Bought by
Schutter Tawni L and Calingaert Christopher
Seller's Agent
Paul Mares
Premier One Properties
Buyer's Agent
Nannette Saint
Laura Mounter Real Estate
List Price
$474,900
Sold Price
$470,000
Premium/Discount to List
-$4,900
-1.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$275,880
Interest Rate
3.6%
Mortgage Type
Commercial
Feb 2020 - Feb 2020Schutter Tawni LLess than a month
Private Individual
Purchase Details
Listed on
Jan 29, 2020
Closed on
Feb 19, 2020
Sold by
Dpe Properties Llc
Bought by
Schutter Tawni L
Seller's Agent
Paul Mares
Premier One Properties
Buyer's Agent
Nannette Saint
Laura Mounter Real Estate
List Price
$474,900
Sold Price
$470,000
Premium/Discount to List
-$4,900
-1.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,880
Interest Rate
3.6%
Mortgage Type
Commercial
Nov 2019 - Feb 2020Dpe Properties Llc3 Months
Company
Purchase Details
Closed on
Nov 12, 2019
Sold by
Meenach Matthew D and Meenach Carolyn S
Bought by
Dpe Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,562
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Oct 2018 - Nov 2019Meenach Matthew D and Meenach Carolyn S1 Year and 1 Month
Private Individual
Purchase Details
Closed on
Oct 19, 2018
Sold by
Iblings Kenneth D
Bought by
Meenach Matthew D and Meenach Carolyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,197
Interest Rate
4.5%
Mortgage Type
Commercial
Nov 2017 - Oct 2018Iblings Kenneth D and Iblings Gerald A11 Months
Private Individual
Purchase Details
Closed on
Nov 15, 2017
Sold by
Liv Iblings Kenneth D
Bought by
Iblings Kenneth D and Iblings Gerald A
Oct 2015 - Nov 2017Liv Iblings Kenneth D and Gerald A Iblings Revocable Living Trust2 Years and 1 Month
Private Individual
Purchase Details
Closed on
Oct 2, 2015
Sold by
Iblings Gerald A
Bought by
Liv Iblings Kenneth D and Gerald A Iblings Revocable Living Trust
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Duplex! Unit A is occupied by long term tenant; Unit B is ready to start producing income! Each side is 2 bedroom, 1 bath, galley kitchen, laundry room with washer and dryer in unit. Rear yard is partially fenced- opportunity to build additional duplex or ADU? Septic only- sewer is not available. Good location off of Sunset Hwy, dead end street. Current tenant lease expires on October 1st and is
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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.
This home is located at 990 Highline Dr, East Wenatchee, WA 98802 since 29 January 2020 and is currently estimated at $598,906, approximately $299 per square foot. This property was built in 1991. 990 Highline Dr is a home located in Douglas County with nearby schools including Grant Elementary School, Clovis Point Intermediate School, and Eastmont Junior High School.
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