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507 2nd Ave

Okanogan, WA 98840

4 bd 2 ba 1,916 sqft Built 1924 Lot 4,000 sqft single_family
Most recent sale
$264,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Listed $249,900 MLS #1904578
May 20, 2022 Sold $264,000 MLS #1904578
Mar 30, 2022 Listed $249,900 MLS #1904578
Aug 9, 2016 Listing removed $137,500 NWMLS
Jul 29, 2016 Sold $137,500 Public Record
Jul 1, 2016 Listed $137,500 MLS #970618
Jun 30, 2009 Sold $128,000 Public Record
Jun 14, 2009 Listing removed $149,500 NWMLS
Jan 28, 2009 Listed $149,500 MLS #29014326
Feb 8, 2008 Sold $95,000 Public Record
Jun 30, 1995 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $312,700 $8,000 $320,700 $2,968
2025 $284,300 $8,000 $292,300 $2,863
2024 $284,300 $8,000 $292,300 $3,070
2023 $238,200 $8,000 $246,200 $2,702
2022 $162,000 $8,000 $170,000 $2,295
2021 $120,900 $8,000 $128,900 $2,418
2020 $120,900 $8,000 $128,900 $1,914
2019 $92,300 $8,000 $100,300 $1,807
2018 $92,300 $8,000 $100,300 $1,618
2017 $92,300 $8,000 $100,300 $1,370
2016 $92,300 $8,000 $100,300 $1,366
2015 $92,300 $8,000 $100,300 $1,330
2014 $92,300 $8,000 $100,300 $1,345
2013 $92,300 $8,000 $100,300 $1,345
2012 $78,000 $10,000 $88,000 $1,206
2011 $78,000 $10,000 $88,000 $1,144
2010 $78,000 $10,000 $88,000 $932
2009 $78,000 $10,000 $88,000 $932
2008 $78,000 $10,000 $88,000 $52

Property facts

Year built
1924
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,916 sqft
Lot size
4,000 sqft
ZIP code
98840
City
Okanogan
Street
2nd Ave
Coordinates
48.36645, -119.57788

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,584
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 2nd Ave last sell?
507 2nd Ave most recently sold on May 20, 2022 for $264,000.
What is the current tax assessment for 507 2nd Ave?
The most recent total assessment for 507 2nd Ave (year 2026) is $320,700 with $2,968 in property tax.
How does 507 2nd Ave's assessment compare to its last sale price?
The current assessment is 21.5% above the last sale price of $264,000.
When was 507 2nd Ave built?
507 2nd Ave was built in 1924.
How does 507 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 507 2nd Ave?
507 2nd Ave is a 4 bed, 2 bath, 1,916 sqft, 4,000 sqft lot single_family.
Is 507 2nd Ave a flip candidate?
No — 507 2nd Ave does not appear in our flips dataset.
Is 507 2nd Ave a tax-appeal candidate?
Yes — 507 2nd Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.0%
2026 Q1
$390.5K
2026 Q2
$399.6K
ZIP 98840 — Median Price History + Forecast

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