Listed by CB Cascade - Lake Chelan, Bought with CB Cascade - Lake Chelan
NOT LISTED FOR SALE

1425 Cottage Ln Chelan, WA 98816

Estimated Value: $1,059,829

2 Beds
2.5 Baths
1,100 Sq Ft
$963/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,000,000 $909 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,049/month

Highlights

  • Waterfront Community
  • Spa
  • Vaulted Ceiling
  • Chelan High School Rated A-
  • Clubhouse
  • Sport Court

About This Home

As of June 2022

Turnkey, fully furnished vacation rental in Lake Chelan! The best cottage in The Lookout! The builder's cottage at The Lookout comes with numerous upgrades and the perfect location overlooking the year-round pool. This home is vacation rentable, but until now has only been used by owner and comes in impeccable condition. This cottage comes with shiplap ceiling, upgraded lighting throughout, full tiled showers, upgraded appliances, upgraded countertops, radiant floor heat, an extra large slider out to pool deck, Marvin fiberglass windows and door, Acacia hardwood flooring, upgraded heating system, smooth drywall and full vanities in bathrooms. Enjoy the good life with community waterfront park, moorage, 2 pools, parks, clubhouse and more!

Last Agent to Sell the Property

Jessie Simmons

CB Cascade - Lake Chelan License #132757 Listed on: 05/27/2022

CB Cascade - Lake Chelan

Last Buyer's Agent

Daicy Leyva Sanchez

CB Cascade - Lake Chelan License #21007388

CB Cascade - Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1925923

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,982

Year Built

  • Built in 2019

Lot Details

  • 1,742 Sq Ft Lot

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Sport Court

Utilities

  • Mini Split Air Conditioners
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 272211575390

Community Details

Overview

  • Dallas Widmark Association
  • Secondary HOA Phone (360) 630-7540
  • The Lookout Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,982

Year Built

Built in 2019

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2019
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1100
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Ductless HP-Mini Split, Bath Off Primary, Vaulted Ceiling(s)
  • Living Area: 1100
  • Bathrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 1100
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Metal
  • Pool Features: Community
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Structure Type: House
  • PoolType: Community

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Propane, Sewer Connected, Electricity Available, Propane, Common Area Maintenance, Garbage
  • HeatingCoolingType: Ductless HP-Mini Split,Radiant

Condo/Co-op/Association

  • Community Features: CCRs, Club House, Community Waterfront/Pvt Beach, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 370
  • Association Fee Frequency: Monthly
  • Phone: 360-630-7540
  • Association: Yes
  • AssociationContactName: Dallas Widmark

Schools

  • Junior High Dist: Lake Chelan

Lot Info

  • Parcel Number: 272211575390
  • Land Lease: No
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Hot Tub/Spa,Moorage,Propane
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3982

Multi Family

  • EnergySource: Electric,Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 28, 2022
Sold by
Hamlin Angela R and Hamlin Justin C
Bought by
Hwang Frank and Hwang Alleen
Seller's Agent
Jessie Simmons
CB Cascade - Lake Chelan
Buyer's Agent
Daicy Leyva Sanchez
CB Cascade - Lake Chelan
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$1,059,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,829
Avg. Annual Appreciation
1.80%
Original Mortgage
$800,000
Outstanding Balance
$761,109
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$298,720

Purchase Details

Listed on
Nov 8, 2019
Closed on
Nov 6, 2019
Sold by
Hamlin Justin C
Bought by
Hamlin Angela R
Seller's Agent
Adam Rynd
CB Cascade - Lake Chelan
Buyer's Agent
Adam Rynd
CB Cascade - Lake Chelan
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.98%
Original Mortgage
$140,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2019
Closed on
Oct 16, 2019
Sold by
Chelan Lookout Lllp
Bought by
Hamlin Angela R
Seller's Agent
Adam Rynd
CB Cascade - Lake Chelan
Buyer's Agent
Adam Rynd
CB Cascade - Lake Chelan
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hwang Frank -- New Title Company Name
Hamlin Angela R -- First American Title
Hamlin Angela R $200,000 First American Ttl Wenatchee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Frank $800,000
Previous Owner Hamlin Angela R $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $1,000,000 +0.5% $909 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $995,000 +397.5% $905 / Sq Ft
11/08/2019 11/08/19 Sold $200,000 0.0% $182 / Sq Ft
11/08/2019 11/08/19 For Sale $200,000 -- $182 / 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 $3,982 $408,743 $200,277 $208,466
2020 $1,794 $383,403 $186,116 $197,287
2019 $2,046 $192,100 $192,100 $0
2018 $0 $225,435 $225,435 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1925923

Northwest Multiple Listing Service (NWMLS)

APN: 272211575390