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Sold for $520,000
  • $520,000

    108 S Water St, Ellensburg, WA 98926

    1beds
    1,486sqft
    Single Family Residence
    Built in 1950
    0.28 Acres Lot
    $429,400 Zestimate®
    $350/sqft
    $1,116 Estimated rent

    Home value

    $429,400

    $365,000 - $494,000

    $1,116/mo

    Zestimate® history
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    What's special

    Fantastic investment opportunity, 2 city lots and three commercial buildings with excellent visibility and great street frontage in the heart of Ellensburg. 12,000 sq/ft lot with 100/ft of street frontage, aprox 1500 sq/ft total building space. 3 separate rental income opportunities including restaurant/take-out, a 1+ bedroom residence and an open studio/office, $4700 average rent when all 3 are occupied. Additional storage buildings and covered spaces for outdoor dining. Directly across from Fred-Meyer parking lot. A thriving college town with a vibrant art community. High traffic area, near one of the most traveled intersections in town. Ample parking/w easy access from Water street. Possible short term owner contract/w sizeable down.

    Zillow last checked:

    Source: John L Scott Real Estate,MLS#: 2274236

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Interior area
    • Total structure area: 1,486
    • Total interior livable area: 1,486 sqft

    Property

    Features
    • Patio & porch: Deck
    • Exterior features: Garden
    • Has view: Yes
    • View description: Territorial, City
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 497133

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood
    • Roof: Metal
    Condition
    • Year built: 1950

    Community & HOA

    Location
    • Region: Ellensburg

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $355,370
    • Annual tax amount: $3,361
    • Date on market: 8/3/2024
    • Lease term: Contact For Details
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/31/2025Sold$520,000$350/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,361 +13.1%$355,370 +11.6%
    2023$2,973 -0.9%$318,560 +8.4%
    2022$2,999 -2.2%$294,000 +22.4%
    2021$3,065 +17.3%$240,100 +11%
    2019$2,613 +4.8%$216,220 +1.6%
    2018$2,493 $212,780 +18.8%
    2017$2,493 $179,070
    2016$2,493 $179,070
    2015$2,493 +3.4%$179,070
    2013$2,410 $179,070 -4.4%
    2010-- $187,400
    2009-- $187,400
    Find assessor info on the county website

    Neighborhood: 98926

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $429,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $429,400