Listed by Windermere RE/Lk Chelan Dwntwn, Bought with KW NCW
NOT LISTED FOR SALE

103 Trout Ln Chelan, WA 98816

Estimated Value: $2,085,000 - $2,638,000

0.77 Acre
$3,037,719 Price per Acre
33,493 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $2,100,000

Est. 11% increase in value since last sale

Current estimated payment $13,728/month

67 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Gated Community
  • 0.77 Acre Lot
  • Chelan High School Rated A-
  • Lake View
  • Canal Access

About This Lot

As of September 2022

Welcome to Chelan Bay! 12 Exclusive Waterfront Properties on Lake Chelan available for the first time! 3 peninsulas of land each offering 4 residential lots w/ all utilities available. The Up Lake & Center peninsulas have private gated entrances w/ estate sized properties & the Down Lake peninsula, which allows short term rentals, offers slightly smaller lots. Beautiful stone staircases provide easy lake access & every 2 lots have brand new shared docks! A privacy fence & substantial landscape has been installed to privatize & beautify these unique properties. All lots have large building envelopes, & are accessed via private drives which have been built w/ a gorgeous sand finished concrete. Chelan Bay is located just 1 mile from Downtown.

Last Agent to Sell the Property

Rhett Crow

Windermere RE/Lk Chelan Dwntwn License #23789 Listed on: 06/23/2022

Windermere RE/Lk Chelan Dwntwn

Last Buyer's Agent

Russ McClellan

KW NCW License #12632

KW NCW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1955277

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 0.77 Acre Lot
  • Low Bank Waterfront Property
  • Lake Front
  • Street terminates at a dead end
  • Level Lot
  • Zoning described as C-W

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Lake
  • City
  • Canal
  • Mountain

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 272214700070

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, snow removal
  • Chelan Bay Condos
  • Chelan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Recreation

  • Canal Access

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Chelan Bay
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Corners Flagged
  • Restrictions: CC&R,NO Manufactured Homes,See Remarks
  • Improvements: Cable TV Available,Dock,Fenced-Partially
  • AssessmentFees: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Canal, City, Lake, Mountain(s), See Remarks
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • Road Surface Type: Paved, See Remarks
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Canal Access, Lake
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Paved,Privately Maintained,See Remarks
  • WaterJurisdiction: City of Chelan
  • Easements: See Title

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Road Maintenance, Snow Removal, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: CCRs, Gated
  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Vacant Land

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance, Snow Removal

Schools

  • Junior High Dist: Lake Chelan

Lot Info

  • Parcel Number: 272214700070
  • Topography: Level
  • Lot Size Acres: 0.7689
  • Lot Size Sq Ft: 33493
  • Zoning Description: C-W
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Plat Map
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 7

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Coulter East Ii Llc
Bought by
Coulter Travis and Coulter Kelly
Current Estimated Value
$2,335,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Outstanding Balance
$2,902,777
Interest Rate
7%
Mortgage Type
Construction
Estimated Equity
-$567,075

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 23, 2022
Sold by
Tripen Inc
Bought by
Coulter Travis and Coulter Kelly
Seller's Agent
Rhett Crow
Windermere RE/Lk Chelan Dwntwn
Buyer's Agent
Russ McClellan
KW NCW
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$1,500,000
Interest Rate
5.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coulter Travis -- First American Title
Coulter Travis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coulter Travis $2,940,000
Previous Owner Coulter Travis $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $2,100,000 0.0% --
08/29/2022 08/29/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $2,100,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,148 $2,143,916 $2,129,381 $14,535
2023 $14,098 $2,100,999 $2,085,626 $15,373
2022 $5,174 $716,880 $716,880 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1955277

Northwest Multiple Listing Service (NWMLS)

APN: 69171