This month eight homes and one condo sold in the Leavenworth area.

915 Pine Street, Leavenworth

List price: $325,000.  Sold price: $200,000.

Days on Market: 364

3 bedrooms | 1 bath | 1552 sqft | .45 acres

This is a multi-building property that included a 3 bedroom home and a former church all on 5 1/2 city lots.  It will be interesting to see what happens with this property.

12774 Wilson Street, Leavenworth

List price: $209,800.  Sold price: $220,000.

Days on Market: 60

3 bedrooms | 2 bath | 1384 sqft | 1.06 acres

This house was a foreclosure with multiple offers.  This house last sold in Jan 2007 for $300,000.  The new owner then put it back on the market two months later in March for $439,900.

8449 Mountain Home Road, Leavenworth

List price: $310,000.  Sold price: $310,000.

Days on Market: 60

2 bedrooms | 1 bath | 1152 sqft |  7.27 acres

Cute cabin in the woods.  In the winter, the house does not have road access.  It is snowmobile or ski in.

23095 Lake Wenatchee Highway

List price: $450,000.  Sold price: $407,500.

Days on Market: 77

3 bedrooms | 2 bath | 1822 sqft | .45 acres

Great cabin across North Shore Dr from Lake Wenatchee.  Lake and beach access are across the street.  The house had a large basement with another family room for entertaining.

12275 Village View Drive, Leavenworth

List price: $699,000.  Sold price: $495,000.

Days on Market: 617

4 bedrooms | 2.5 bath | 2635 sqft | .57 acres

New construction home on Ski Hill outside the city limits.  Nice view of Wedge Mountain.  The house was on the market during construction.

14132 Idlewild Road, Leavenworth

List price: $549,000.  Sold price: $745,000.

Days on Market: 244

2 bedrooms | 1 bath | 2232 sqft | .31 acres

This cabin is on Fish Lake.  The house was sold with an adjoining waterfront lot, which is why the sales price is higher than the asking price.  Originally the house was listed for $875,000 which included the lot.

6310 Campbell Road, Peshastin

List price: $685,000.  Sold price: $540,000.

Days on Market: 1317

3 bedrooms | 2 bath | 2103 sqft | 40 acres

This house has been on the market since October 2006.  The whole property consisted of 100 acres, in five 20 acre parcels and was listed for $1,600,000.  Over the years they have tried to sell the property a variety of ways; the house plus 20 acres for $775,000 & again at $499,000, the remaining lots separately for around $225,000, the house plus 40 acres, etc.  It is a very private setting on the Peshastin side of Mountain Home ridge.

8156 Icicle Road, Leavenworth

List price: $799,000.  Sold price: $742,000.

Days on Market: 55

4 bedrooms | 3.5 bath | 4168 sqft | 1.01 acres

Custom home out Icicle Road on an acre.  The apartment above the garage had a view of Wedge Mountain.  A buyer was waiting in the wings for this house and it was under contract quickly.

Leavenworth Sold Condos

900 Main Street #303, Leavenworth

List price: $400,000.  Sold price: $245,000.

Days on Market: 1124

2 bedrooms | 1.75 bath | 1096 sqft |

One of the last remaining condos in the building still with developer.  This is an interior condo on the third floor.

More Leavenworth Real Estate Info

• Click Here to See Leavenworth Sold Homes for May 2010
• Click Here to See Cashmere Sold Homes for June 2010
• Click Here to Search for Leavenworth Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

But even our small market in Leavenworth is made of a number of different sub-markets and neighborhoods and while we may have an oversupply of condos at Kahler Glen, properties for sale on Lake Wenatchee are pretty rare.

With that in mind, we created a chart to help consumers sort this out:

Chart: Is Leavenworth a Buyer’s Market or a Seller’s Market?:

What do you think? Does this represent the number of real estate signs you’re seeing around town?

Before we get to May, there was one additional house that closed in April but was not reported as sold until May.

20689 Miracle Mile, Leavenworth

List price: $698,800.  Sold price: $480,000.

Days on Market: 818

4 bedrooms | 4.25 bath | 3128 sqft | .39 acres

This is a large home in Kahler Glen that backs to the 18th fairway and a pond.  It was used as a nightly rental and could accommodate a large number of guest and as set up to be business retreat.  The sellers were a non-profit organization who were gifted the house when the previous owners couldn’t sell it.

May Sold Homes in Leavenworth and Lake Wenatchee: 

This month 5 homes and 1 condo sold.

8475 Lake Street, Peshastin

List price: $135,000.  Sold price: $135,000.

Days on Market: 38

3 bedrooms | 1 bath | 1452 sqft | .11 acres

This starter home in Peshastin went pending the first day it was on the market.

21829 Pinto Lane, Leavenworth

List price: $354,500.  Sold price: $275,000.

Days on Market: 211

2 bedrooms | 2 bath | 1200 sqft | .26 acres

New construction home in the Ponderosa Neighborhood near Plain.

12790 Pobst Place, Leavenworth

List price: $439,000.  Sold price: $360,000.

Days on Market: 261

0 bedrooms | 1 bath | 500 sqft | 5.01 acres

This house was a converted garage with a loft.  The acreage was nicely forested, backed to Forest Service property, and had a small creek.

12789 Spring Street, Leavenworth

List price: $699,000.  Sold price: $419,000.

Days on Market: 1175

3 bedrooms | 2.5 bath | 2096 sqft | 1.0 acres

This house has interesting design with three different levels of living space.  It also has a two car garage and accessory dwelling unit that was used as a rental.  Sellers went through three different agents and ended up chasing the market down.

17801 North Shore Drive, Leavenworth

List price: $750,000.  Sold price: $522,000.

Days on Market: 546

2 bedrooms | 1 bath | 840 sqft | .34 acres

Older cabin on the lake with 75′ of waterfront and a dock.  The lot didn’t really have a driveway down to the house and most of the value was in the lot.

Leavenworth Condos

138 West Whitman Street #2, Leavenworth

List price: $215,000.  Sold price: $133,000.

Days on Market: 271

2 bedrooms | 2.5 bath | 1066 sqft

This is a non-nightly rental condo in the residential part of Leavenworth.  Two of its sister condos sold in Feb 2010 for $129,000.  There is currently still one condo similar to this one on the market.

More Leavenworth Real Estate Info

• Click Here to See Leavenworth Sold Homes for April 2010
• Click Here to See Cashmere Sold Homes for May 2010
• Click Here to Search for Leavenworth Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

One condo and seven homes sold in Leavenworth during the month of March.

22543 Meadow Creek Road, Leavenworth

List price: $299,800.  Sold price: $200,000.

Days on Market: 547

1 bedrooms | 1 bath | 1044 sqft | .31 acres

This home located in the Alpine Tracts neighborhood on Fish Lake had lake access but no real lake views.  The home backed to Chiwawa River Road and had a challenging layout.

10512 Chumstick Highway, Leavenworth

List price: $227,000.  Sold price: $237,600.

Days on Market: 87

3 bedrooms | 1.75 bath | 1344 sqft | 5 acres

Approximately a mile from Leavenworth, this home was a foreclosure sale.  Most of the acreage is hillside but the home sits on a large flat area and has a huge car port.  Sellers paid $5000 in closing costs.

2314 Pine Tree Road, Leavenworth

List price: $585,000.  Sold price: $280,000.

Days on Market: 661

3 bedrooms | 2 bath | 1805 sqft | .45 acres

This cabin is in the Chiwawa River Pines neighborhood on the Chiwawa River.  It has an additional 2 bedroom guest house.  This home was a foreclosure.

21202 Stetson Road, Leavenworth

List price: $369,900.  Sold price: $299,900.

Days on Market: 382

2 bedrooms | 2.5 bath | 1175 sqft | .31 acres

This log cabin is in the Ponderosa Estates neighborhood.  Built in 2007, the cabin had a large living room with a bedroom on either side.

236 Scholze Street, Leavenworth

List price: $349,900.  Sold price: $315,000.

Days on Market: 364

4 bedrooms | 2 bath | 2008 sqft | .31 acres

In town Leavenworth home built in 1965 has a two car garage with a man cave.  Great landscaping in the back with a zen rock garden.

9762 North Road, Leavenworth

List price: $358,900.  Sold price: $3240,500.

Days on Market: 98

4 bedrooms | 2.5 bath | 2496 sqft | 1.09 acres

This home on North Road sits on an acre, has a two car detached garage, and was a foreclosure.

9515 Lone Pine Orchard Drive, Peshastin

List price: $3,900,000.  Sold price: $2,250,000.

Days on Market: 937

6 bedrooms | 6.5 bath | 8,888 sqft | 2.86 acres

This exquisite log home sits on the Wenatchee River and was used for corporate retreats.  Huge home with lots of bedrooms.

Leavenworth Condos

525 Alpine Place B-4, Leavenworth

List price: $239,900.  Sold price: $200,000.

Days on Market: 335

2 bedrooms | 2 bath | 923 sqft

Upstairs unit at Alpine Place, this unit has vaulted ceilings and came furnished.

More Leavenworth Real Estate Info

• Click Here to See Leavenworth Sold Homes for Feb 2010
• Click Here to See Cashmere Sold Homes for March 2010
• Click Here to Search for Leavenworth Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Darel Ansley at People’s Bank in Wenatchee writes:

If you are involved in any purchases requiring flood insurance, there are currently no policies being issued, and these transactions cannot close without flood insurance.

As you may have heard, the National Flood Insurance Program’s authorization from Congress expired March 28, which means they cannot issue any new flood insurance policies until their authorization is restored sometime after Congress returns to work. They have a hearing scheduled for April 21st , and sometime after that will be able to vote on re-storing flood insurance. (I guess Congress was too busy with another issue the last few months so they didn’t get to this one before their recess). Your client can get a flood insurance quote, but closing will be delayed until NFIP gets their approval from Congress and can then start issuing coverage.

Luckily, Erik Kossian of Leavenworth Insurance followed up with his own update.

Flood Insurance: If you are involved in any purchases requiring flood insurance, there are currently no  National Flood Policies being issued, but some insurance companies still are writing their own flood insurance.

As you may have heard, the National Flood Insurance Program’s authorization from Congress expired March 28, which means they cannot issue any new flood insurance policies until their authorization is restored sometime after Congress returns to work. They have a hearing scheduled for April 21st , and sometime after that will be able to vote on re-storing flood insurance

However, we may be able to help!

I have flood available for many but not all flood zones through regular insurance companies (not insured by the federal national flood program.)

My policy covers residential dwellings for the perils of earthquake, landslide, and flood, all in one policy. The highest limit available is $12.5 million.

Here are the Coverage Details:

• Coverage includes the following limits as a percentage of the dwelling value:

Other Structures 10% (may be increased)

Personal Property 20% (may be increased)

Additional Living Expense or Loss of Rents 10% (may be increased)

• Replacement Cost on both dwelling and contents

• Deductibles are based on a percentage of the highest coverage limit: 5%, 10%, or 20%

(i.e. if the highest coverage is the Dwelling at $250,000, a 5% deductible would equal $12,500)

• 80% Co-Insurance

• 4% Inflation Guard

Optional Coverages:

• Since “Other Structures” does NOT include docks, bulkheads, piers and retaining walls, coverage may be available via endorsement; submit to your underwriter with details: limit, construction material, and exposure

• Earthquake or other peril may be excluded to avoid duplicate coverage

Other Notes:

• Any type of construction

• Dwelling does not have to be retrofitted

• No age restrictions

• Condo Owner coverage available

• Coverage is not available in all Flood Zones, especially high risk of flood.

• Underwriting is conducted on a per location basis; no use of generic maps

• Cannot be vacant for more than 90 consecutive days

• Low minimum premiums

• 24-hour in-house quoting turn around

• Financing, Direct Bill, and Mortgage Bill are available