“Serving Leavenworth, Lake Wenatchee, Plain and Beyond”

Leavenworth Real Estate | Sold Homes February 2010

 

In February, 6 homes and 4 condos sold.

 

 

2521 Kinnikinnick Drive, Leavenworth

2521 Kinnikinnick Drive, Leavenworth

List price: $249,000.  Sold price: $240,000.

Days on Market: 87

3 bedrooms | 1 bath | 1152 sqft | .64 acres

Cute cabin with detached garage in the Chiwawa River Pines Neighborhood.

 

 

 

 

 

NNA Sears Creek, Leavenworth

NNA Sears Creek, Leavenworth

List price: $324,000.  Sold price: $250,000.

Days on Market: 174

2 bedrooms | 0 bath | 1000 sqft | 21 acres

Secluded cabin with no PUD electric or septic.  The property has 21 acres split by White River and is approximately 2 miles from winter plowing.  Property has extra bunk house, propane and generator for electric.

 

 

 

 

2213 Riffle Dr, Leavenworth

2213 Riffle Drive, Leavenworth

List price: $390,000.  Sold price: $266,000.

Days on Market: 547

3 bedrooms | 1 bath | 1186 sqft | .86 acres

Chiwawa River Pines cabin on a corner lot.  Upstairs loft is divided in half to make two rooms.  The property has a detached garage.

 

 

 

 

 

3183 Allen Lane, Peshastin

3183 Allen Lane, Peshastin

List price: $309,900.  Sold price: $289,000.

Days on Market: 262

3 bedrooms | 1.5 bath | 2524 sqft | .46 acres

This is a 1980’s home in the Valley Hi neighborhood off of Hwy 97.  The home backs to Peshastin Creek.  Included in the sqft is a large rec room above the garage and 3rd bonus bedroom.

 

 

 

 

 

2311 Pine Tree Road, Leavenworth

2311 Pine Tree Road, Leavenworth

List price: $499,000.  Sold price: $296,500.

Days on Market: 428

2 bedrooms | 1.5 bath | 1417 sqft | .41 acres

This home, in Chiwawa River Pines neighborhood, fronts the Chiwawa River.  It has a nice deck and picture windows that face the river.

 

 

 

 

17233 North Shore Drive, Leavenworth

17233 North Shore Drive, Leavenworth

List price: $850,000.  Sold price: $850,000.

Days on Market: 35

3 bedrooms | 3 bath | 2400 sqft | .13 acres

Beautiful home on the north shore of Lake Wenatchee.  Huge prow front with floor to ceiling windows give fantastic views of the lake.  Home was under contract with 3 to 4 days and buyers paid cash.

 

 

 

Leavenworth Condos

 

 

138 West Whitman, Leavenworth

138 West Whitman #5, Leavenworth

List price: $129,000.  Sold price: $129,000.

Days on Market: 48

2 bedrooms | 2.5 bath | 1066 sqft |

Excellent price on this non-nightly rental condo in Leavenworth.

 

 

 

 

 

 

 

138 West Whitman, Leavenworth

138 West Whitman #3, Leavenworth.

List price: $129,000.  Sold price: $129,000.

Days on Market: 48

2 bedrooms | 2.5 bath | 1066 sqft |

Sister condo to #5 above.  Again, excellent price.

 

 

 

 

 

 

 

1107 Front Street, Leavenowrth

1107 Front Street #3, Leavenworth

List price: $298,000.  Sold price: $240,000.

Days on Market: 185

2 bedrooms | 1.75 bath | 1223 sqft |

The last of the Cascade Crest condos in downtown Leavenworth.  These are high end condos that can be used as nightly rentals.  The condo was available two summers ago for $519,000 and was sold in a Short Sale situation.

 

 

 

 

20795 Kahler Drive C-8, Leavenworth

20795 Kahler Drive C-8, Leavenworth

List price: $300,000.  Sold price: $260,000.

Days on Market: 279

2 bedrooms | 1.75 bath | 1266 sqft |

Upper level Kahler Glen condo that has had some updating including new carpet, paint and slate fire place.

 

 

 

 

More Leavenworth Real Estate Info

 

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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.

Cashmere Real Estate | Sold Homes February 2010

 

No homes sold in Cashmere for the month of February.

 

 

More Leavenworth and Cashmere Real Estate Info

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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.

Earthquake Insurance in Washington State

This is a guest post by Eric Kossian of Leavenworth Insurance. Eric sent it to me as an email and I thought it might be important info to share.

 

With the recent earthquakes in Haiti and Chile, now is a prudent time to review the earthquake coverage you have or don’t have before we have an earthquake.

Photo from Seattle Municipal Archives

Photo from Seattle Municipal Archives

 

Your Earthquake Exposure:

 

Traditional Earthquake coverage has a very high deductible of at least 10% of your home insurance amount and is designed to provide catastrophic coverage. For example, if your home is insured for $350,000, your out of pocket earthquake deductible would be $52,500 before the 1st dollar of earthquake coverage would be paid out for damage to your home, there would be a separate deductible of $52,500 for damage to contents.

 

Your homeowner’s or landlord insurance policy does NOT include this earthquake coverage unless it is separately endorsed and extra premium is charged. From my experience, helping settle earthquake claims in the Loma Prieta earthquake in California, which was a 7.5 on the Richter scale, 98% of homes had less than $50,000 in damage. In this case, the above Earthquake coverage would never come into effect. All costs would be out of pocket. Keep in mind though, that especially in Western Washington, we could have a much larger earthquake that might be literally be 100 times as powerful, causing damage in the Seattle area like we see today in Haiti and Chile. This catastrophic damage is designed to be covered by this these high deductible policies.

 

Our Earthquake Solutions:

 

In addition to offering the high deductible earthquake endorsement we also offer a Stand Alone Earthquake policy that is designed to work with your catastrophic earthquake coverage. It will cover up to the 1st $50,000 of damage to your home and/or contents. You can choose the coverage amount and premium amount you want. Because it only has a $1000 deductible, in the event of an earthquake of 5.0 or higher –this policy would very likely be accessible by you for damage to your home or contents. This is an excellent, affordable solution that I highly recommend.

 

 

Here the key features of this policy and why I like it so much:

 

• You choose the coverage amount you want: $10,000, $25,000, or $50,000.

• Low $1,000 deductible for each and every loss.

• It pays for actual cash value (not replacement cost) for damage to your home and/or contents coverage.

• Coverage is for the direct loss caused only by earthquake including, but not limited to, structural damage to the insured’s dwelling, contents of the dwelling, and additional living expenses if the dwelling is uninhabitable.

• Covers damage resulting from earthquakes registering 5.0 + on the Richter Scale at time of initial occurrence for up to100 miles from the epicenter.

• Subsequent aftershocks, occurring more than 72 hours following the initial shock shall be treated as separate occurrences and the same conditions will prevail as were necessary to qualify for coverage of the initial loss

• May be used in addition to another earthquake policy already in force as a means to pay the larger deductible, or as a standalone policy.

You can reach Eric at leavenworthinsurance@gmail.com , 509-548-5488 or on the web at www.LeavenworthInsurance.com

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Leavenworth Condo Update: Spring 2010

The Leavenworth condominium  market seems to be on the road to recovery. There are still some bumps in the road, but we are headed towards a healthy market again.

Photo by Indigoprime

Photo by Indigoprime

In 2009, 18 condominiums sold that were recorded in the North Central WA Multiple Listing Service (MLS).  This does not include condos sold at auction in December of 2008 that closed in 2009.

In 2010 6 condos have sold so far and another 6 are pending.  Currently there are 30 condos for sale, though I expect more to come on the market as the season develops.

Leavenworth Condos

Leavenworth Condos

What condos have been selling in Leavenworth?

Condos at Kahler Glen  have sold well in the past year. Oversupply at Kahler Glen  drove down prices and buyers have taken advantage of those deals. 5 condos have sold at Kahler Glen and a 3 bedroom Natapoc unit is currently under contract. The average price for an older 2 bedroom condo at Kahler Glen in the past year was $263,000.

The Cascade Crest Condos  also sold well. All six units sold in less than 6 months after the bank holding the construction loan agreed to sell them at short sale prices. The average price for these units was $240,000.

An investor holding numerous units at the Tumwater Townhomes decided to liquidate and we saw those units going for $129,000. Most of those sales have closed and no units are currently available at that price.

Condos Still Available

New construction condominiums are still available at Ski View aka Ski Blick (on Titus Road) as well as the Boulders on the Wenatchee River.  No condos have sold at Haus Wunderbar (across from Gustav’s).  These units are not currently listed on the MLS and a reliable source tells me that they are going to auction sometime soon.

Click Here to see all Leavenworth Condos for Sale

Condo Dreams Abandoned

A number of condo projects in Leavenworth were not built or have been delayed indefinitely. These include:

  • Obststadl 
  •  Sonnenterrassen
  • Black Bird

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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.

Two Minute Home Inspection: Plumbing Fixtures

If you’re new to the Two Minute Home Inspection series, it’s true, you can’t do a home inspection in 2 minutes.

 A home inspection generally takes 2-4 hours and we always recommend using a home inspector who is licensed by the State of Washington and a member of a national home inspection organization like ASHI or NACHI.

Here’s another guest post by Chip Roberson, of Mission Home and Pest Inspection:

 

When looking at a house you are considering turning into your home, take two minutes to examine the plumbing fixtures.

 

Plumbing fixtures include the faucets, tubs, toilets and sinks in all their varieties.

Photo by Spider.dog

Photo by Spider.dog

 

 

 

 

 

 

 

 

To begin, visually inspect all faucets and supply piping for any drips or leakage as well as any missing, broken, cracked, loose, corroded or rusty components as well as any temporary or suspect repairs. These less important matters may be of small monetary consequence; however, they can contribute to other maintenance problems that can seriously affect other components in the house such as counter tops, cabinetry, flooring and/or structural members by contributing to damage and/or infestations from wood rot, wood destroying insects and/or mold.

 

It is important to evaluate the operation of all of the faucets. I suggest starting by engaging the water stoppers at sinks and tubs, and noting their operation, followed by opening the faucets and noting their operation and confirming that hot water is available and piped to the left side of the faucet. Then release the water stopper mechanisms to allow the water to drain, note the rate of drainage and examine the visible drainage piping connections for any signs of leakage. Damp stains at the bottom of the cabinetry and/or corrosion on the supply and/or drainage piping are reliable signs of previous or ongoing problems that should be evaluated further. Fixtures that are slow to drain should be evaluated further as this can be a sign of a blockage and/or poor ventilation in the system.

 

You will also want to check for the amount of water that flows through the faucets during their operation. The most common method is to run two or more faucets at the same time, preferably at the highest level in the house. A significant drop in water flow at an individual faucet during this test is a reliable sign for potential problems such as poor water supply pressure or partially clogged piping. Excessive water pressure should be avoided with the use of a pressure regulator to help avoid wear on the supply piping and faucets.

 

All toilets should be evaluated by looking closely at the water supply valve, piping and all connections for signs of rust, corrosion or leakage. Also observe the quality of waste flush, stability and/or connection to the floor and other possible defects such as cracked or missing components, stains and soft or damaged flooring.

 

Sinks, bath tubs and shower pans should all be examined for stability, damage, rust and corrosion as well as maintained water tight sealants/caulking at all junctures along the counter top, floor and walls to prevent moisture intrusion and material damage.

Interested in more articles by Chip Roberson?

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