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  • Listed by: CB Cascade RE - Lake Chelan
    Bought with: Real Broker LLC
    $495,000

    227 E Franklin, Chelan, WA 98816

    4beds
    1,704sqft
    Single Family Residence
    Built in 1971
    6,098.4 Square Feet Lot
    $493,400 Zestimate®
    $290/sqft
    $2,783 Estimated rent

    Home value

    $493,400

    $469,000 - $518,000

    $2,783/mo

    Zestimate® history
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    What's special

    Spacious side yardCorner lotFenced backyardShaded front yard
    This ideally located 4-bedroom home on a large corner lot offers easy access to the lake, Riverwalk Park, Chelan Schools & scenic walking trails—all just a 15-minute stroll from downtown shops & restaurants. Set on a quiet street, the home has solid bones & has been well-maintained, including new roof in 2024 and new HVAC in 2020 . For those who enjoy light projects, a few small cosmetic updates would add great value. The shaded front yard, fenced backyard & spacious side yard create privacy. The side yard may offer ADU potential or potentially even a separate lot (buyer to verify either City). With its prime location, generous lot size & versatile layout, this home is an excellent opportunity for both investors and full-time residents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessie Simmons,

    CB Cascade RE - Lake Chelan

    Bought with:

    Maria Lopez, 21025806

    Real Broker LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2446647MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Other
    • Level: Lower
    Family room
    • Level: Lower
    Living room
    • Level: Main
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Forced Air, Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)
    Features
    • Flooring: Laminate
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,704
    • Total interior livable area: 1,704 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached Carport
    • Carport spaces: 1
    Features
    • Levels: Multi/Split
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 6,098 sqft
    • Features: Corner Lot, Cable TV, Deck, Fenced-Partially, High Speed Internet, Sprinkler System
    • Topography: Level
    Details
    • Parcel number: 272213850365
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Split Entry
    • Property subtype: Single Family Residence
    Materials
    • See Remarks
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1971

    Utilities & green energy

    • Electric: Company: Chelan CO PUD
    • Sewer: Sewer Connected, Company: City of Chelan
    • Water: Public, Company: City of Chelan
    • Utilities for property: Localtel, Localtel

    Community & neighborhood

    Location
    • Region: Chelan
    • Subdivision: Chelan

    Other

    Other facts
    • Listing terms: Conventional,USDA Loan,VA Loan
    • Cumulative days on market: 125 days

    Price history

    DateEventPrice
    4/24/2026Sold$495,000$290/sqft
    Source: NWMLS as distributed by MLS GRID #2446647 Report a problem
    2/24/2026Pending sale$495,000$290/sqft
    Source: NWMLS as distributed by MLS GRID #2446647 Report a problem
    11/20/2025Price change$495,000-7.5%$290/sqft
    Source: NWMLS as distributed by MLS GRID #2446647 Report a problem
    10/23/2025Listed for sale$535,000+139.8%$314/sqft
    Source: NWMLS as distributed by MLS GRID #2446647 Report a problem
    9/6/2025Listing removed$2,600$2/sqft
    Source: Zillow Rentals Report a problem
    8/27/2025Listed for rent$2,600$2/sqft
    Source: Zillow Rentals Report a problem
    3/15/2021Sold$223,094+18%$131/sqft
    Source: Public Record Report a problem
    4/8/2009Sold$189,000$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,520 +47.3%$358,711 +42.4%
    2023$1,711 -25.5%$251,882 -20.6%
    2022$2,299 +14.2%$317,164 +37%
    2021$2,013 -5.2%$231,458 -1.5%
    2020$2,122 +16.4%$234,982 +17.1%
    2018$1,823 -7.6%$200,630 +2.4%
    2017$1,973 +59.7%$195,876 -3.3%
    2016$1,235 $202,569 +27.2%
    2015$1,235 $159,219 +5.9%
    2013$1,235 $150,375 +45.1%
    2012-- $103,605 -16.9%
    2011$1,212 -32.8%$124,743 -8.2%
    2010$1,803 $135,842 -39.3%
    2008-- $223,643 +132.2%
    2007-- $96,334
    2006-- $96,334

    Find assessor info on the county website

    Neighborhood: 98816

    Nearby schools

    GreatSchools rating
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