NOT LISTED FOR SALE

118 Lookout Way Chelan, WA 98816

Estimated Value: $923,145 - $972,000

3 Beds
1 Bath
2,656 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $525,000 $198 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,228/month

2 Days on Market

Highlights

  • Waterfront Community
  • Lake View
  • 1 Fireplace
  • Chelan High School Rated A-
  • Contemporary Architecture
  • Community Pool

About This Home

As of October 2019

This Lake Chelan Hills home offers 2 master suites, 2 family rooms, den/computer room, guest bedroom, and incredible, unobstructed, sweeping views of Lake Chelan. Pride of ownership is evident with the condition of this home, well kept, and maintained. The home has had recent upgrades to the decks and deck railing system including new Terx decking. Large yard with mature landscaping. Lake Chelan Hills home owners enjoy the use of 2 community waterfront areas on Lake Chelan and 2 community pools.

Last Agent to Sell the Property

Bob Knauss

New Horizons Real Estate LLC License #26522 Listed on: 09/15/2019

Last Buyer's Agent

John Gasper

Windermere RE/Lake Chelan License #22034903

Windermere RE/Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1519639

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,210

Year Built

  • Built in 1987

Lot Details

  • 0.25

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 272210665030

Community Details

Overview

  • Lake Chelan Hills Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,210

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3194
  • Square Footage Finished: 2656

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: City, Lake, Mountain, Territorial
  • Pool: Community

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Heat Pump
  • Power Company: Chelan County PUD
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: City of Chelan
  • Water Company: City of Chelan
  • Water Heater: electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 48
  • Community Name: Lake Chelan Hills
  • Project: Lake Chelan Hills NO 2
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

  • School District: LCH

Lot Info

  • Lot Number: 10
  • Lot Sq Ft: 10890
  • Parcel Number: 272210665030
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 3643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2019
Closed on
Oct 25, 2019
Sold by
Norman Robert W and Norman Cheryl L
Bought by
Granger Scott Michael and Granger Stephanie M
Seller's Agent
Bob Knauss
New Horizons Real Estate LLC
Buyer's Agent
John Gasper
Windermere RE/Lake Chelan
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$947,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,715
Avg. Annual Appreciation
11.23%
Original Mortgage
$472,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Granger Scott Michael $525,000 First American Ttl Wenatchee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granger Scott M $575,000
Closed Granger Scott Michael $487,200
Closed Granger Scott Michael $472,500
Previous Owner Norman Robert W $50,000
Previous Owner Norman Robert W $205,000
Previous Owner Norman Robert W $75,000
Previous Owner Norman Robert W $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $525,000 0.0% $198 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/15/2019 09/15/19 For Sale $525,000 -- $198 / Sq Ft
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
2021 $5,210 $602,163 $161,700 $440,463
2020 $4,324 $530,523 $126,500 $404,023
2019 $3,643 $465,579 $115,500 $350,079
2018 $3,789 $402,483 $113,300 $289,183
2017 $3,853 $377,423 $111,034 $266,389
2016 $4,125 $410,233 $106,090 $304,143
2015 $4,125 $413,927 $103,000 $310,927
2013 $4,125 $345,876 $99,000 $246,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1519639

Northwest Multiple Listing Service (NWMLS)

APN: 272210665030