Sold

Street View

Listed by: CB Cascade RE - Lake Chelan • Jessie Simmons

Bought with: Real Broker LLC

$495,000

227 E Franklin, Chelan, WA 98816

4beds

1,704sqft

Single Family Residence

Built in 1971

6,098 Square Feet Lot

$493,500 Zestimate^®

$290/sqft

$2,662 Estimated rent

Home value

$493,500

$434,000 - $558,000

$2,662/mo

Zestimate^® history

Owner options

List your home for rent

$2,662/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,662/mo

Rent Zestimate^®

Refinance and save

$2,996/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$2,996/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

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.

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 Square Feet
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 & HOA

Community

Subdivision: Chelan

Location

Region: Chelan

Financial & listing details

Price per square foot: $290/sqft
Tax assessed value: $358,711
Annual tax amount: $2,520
Date on market: 1/20/2026
Cumulative days on market: 183 days
Listing terms: Conventional,USDA Loan,VA Loan
Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)

Price history

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

Public tax history

Year	Property taxes	Tax 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