Listed by Windermere RE/Lk Chelan Dwntwn, Bought with RE/MAX Advantage
$648,000
SOLD JUN 12, 2025

123 Fair Way Chelan, WA 98816

3 Beds
2 Baths
2,311 Sq Ft
0.42 Acres

Recently Sold

$280 Per Sq Ft

4% Below List Price

154 Days on Market

Highlights

  • Lake View
  • 0.42 Acre Lot
  • Deck
  • Chelan High School Rated A-
  • Craftsman Architecture
  • Property is near public transit

About This Home

As of June 2025

Charming home w/ peak a boo view of Lake Chelan in the quiet neighborhood of Golf Course Terrace! Excellent location only 2 miles from downtown Chelan & 1 mile from the Chelan Golf Course! Home sits in a quaint area of Chelan w/ easy paved access, lots of parking, 2 car garage, & landscaped property w/ nice sized fenced in back yard. The main living area offers vaulted ceilings, rocked propane fireplace, spacious kitchen w/ granite counters, & separate family room or flex space. Plenty of outdoor living on 2 nice size decks & numerous updates over the recent years including new roof, ext & int paint, new fridge, water heater, heated gutters, & more! Private & roomy primary suite has walk in closet, 5-piece bath, & large lake view deck!

Last Agent to Sell the Property

Rhett Crow

Windermere RE/Lk Chelan Dwntwn License #23789 Listed on: 12/05/2024

Windermere RE/Lk Chelan Dwntwn

Last Buyer's Agent

Diane Leigh

RE/MAX Advantage License #23552

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2314312

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 1992

Lot Details

  • 0.42 Acre Lot
  • South Facing Home
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,311 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Chelan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,796

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1992
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,LeasedEquipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Golf Course Terrace 2nd Addition
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2311
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: true
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2314312?w=Consumer&agent=74527
  • Special Features: None
  • Cumulative Days on Market: 379

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Fireplace, Laminate, Skylight(s), Water Heater
  • Living Area: 2311
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2311
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: South
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Chelan
  • WaterCompany: City of Chelan
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • InternetConnected: LocalTel

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Chelan
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 272211591410
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dog Run,Fenced-Partially,High Speed Internet,Patio,Propane,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 41

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4796

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 24, 2020
Sold by
Slaugenhaupt James B and Slaugenhaupt Suzanne K
Bought by
Reed Audra Beth and Reed Rick E
Seller's Agent
Kathy Porter
Windermere RE/Lake Chelan
Buyer's Agent
Jolene Baker
CB Cascade - Lake Chelan
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$250,000
Outstanding Balance
$225,489
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$508,327
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 Type Sale Price Title Company
Warranty Deed $475,000 North Meridian T&E Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $187,500 New Conventional
Previous Owner $233,100 New Conventional
Previous Owner $66,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $648,000 -1.5% $280 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $658,000 -2.9% $285 / Sq Ft
04/17/2025 04/17/25 For Sale $678,000 0.0% $293 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $678,000 -3.0% $293 / Sq Ft
12/05/2024 12/05/24 For Sale $699,000 +47.2% $302 / Sq Ft
12/02/2020 12/02/20 Sold $475,000 -4.8% $206 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $499,000 -- $216 / 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 $4,067 $469,669 $103,313 $366,356
2020 $3,273 $355,006 $80,975 $274,031
2019 $2,918 $351,894 $80,975 $270,919
2018 $3,100 $322,116 $81,700 $240,416
2017 $2,897 $308,591 $81,700 $226,891
2016 $2,452 $308,064 $81,700 $226,364
2015 $2,452 $327,572 $107,500 $220,072
2013 $2,452 $247,463 $56,250 $191,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2314312

Northwest Multiple Listing Service (NWMLS)

APN: 272211591410