NOT LISTED FOR SALE

1461 Cottage Ln Chelan, WA 98816

Estimated Value: $926,352 - $1,427,000

2 Beds
3 Baths
1,056 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $825,000 $781 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,953/month

Highlights

  • Waterfront Community
  • Mountain View
  • Deck
  • Chelan High School Rated A-
  • Clubhouse
  • Patio

About This Home

As of May 2021

Welcome to "Be our Guest" at the Lookout! Inviting front porch and view-soaked patio perfect for happy hour. Prized location looks across Lookout pool to downtown Chelan and Butte. Efficient layout sleeps six. Upstairs guest suites each feature their own 3/4 bath. Home borders green space to west providing expansive sunset views. Home sold turn-key with furnishings and electronics provided by Deep Water Home and Electronics. 50K+ value. Cottage grossed over $58,000 in 2020. Lookout amenities include multiple parks, pools, waterfront marina, beach cove, premium vacation rental service and more. Don't miss this rare opportunity to enjoy Lake Chelan this summer in your own Lookout cottage! Offers will be reviewed on 4/16.

Last Agent to Sell the Property

Guy Evans

Guy Evans Lake Chelan Real Est License #27637 Listed on: 04/09/2021

Last Buyer's Agent

John Gasper

Windermere RE/Lake Chelan License #22034903

Windermere RE/Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1755014

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,857

Year Built

  • Built in 2019

Lot Details

  • Level Lot
  • Drought Tolerant Landscaping
  • Value in Land

Parking

  • Off-Street Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 272211575420

Community Details

Overview

  • The Lookout Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,857

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, High Tech Cabling, Vaulted Ceilings, Walk In Pantry
  • Floor Covering: Ceramic Tile, Concrete, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 2.25
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1056
  • Square Footage Finished: 1056

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Heat Pump
  • Power Company: Chelan County PUD
  • Sewer: Sewer Connected
  • Sewer Company: CIty of Chelan
  • Water Company: City of Chelan
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 349
  • Community Name: The Lookout
  • Community Features: CCRs, Clubhouse, Community Waterfront/Pvt Beach, J, K

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: LCH

Lot Info

  • Lot Details: Alley, Drought Res Landscpe, Value In Land
  • Lot Sq Ft: 1742
  • Lot Topography Vegetation: Level
  • Parcel Number: 272211575420
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 5, 2021
Sold by
Erhart Bruce A and Erhart Veronica S
Bought by
Poolside Happiness Lllp
Seller's Agent
Guy Evans
Guy Evans Lake Chelan Real Est
Buyer's Agent
John Gasper
Windermere RE/Lake Chelan
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$1,103,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,451
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 17, 2018
Sold by
Chelan Lookout Lllp
Bought by
Erhart Bruce A and Erhart Veronica S
Seller's Agent
Laura Harris
Windermere RE/Lake Chelan
Buyer's Agent
Laura Harris
Windermere RE/Lake Chelan
List Price
$226,997
Sold Price
$210,000
Premium/Discount to List
-$16,997
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.24%
Source: Public Records

Range of Values:

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Average Value
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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
Poolside Happiness Lllp $825,000 First American Ttl Wenatchee
Erhart Bruce A $210,000 First American Title Insuran
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $825,000 0.0% $781 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $825,000 +292.9% $781 / Sq Ft
11/14/2018 11/14/18 Sold $210,000 -7.5% --
08/06/2018 08/06/18 For Sale $226,997 -- --
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 $3,857 $445,872 $200,277 $245,595
2020 $2,855 $412,882 $186,116 $226,766
2019 $2,046 $306,795 $192,100 $114,695
2018 $0 $225,435 $225,435 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1755014

Northwest Multiple Listing Service (NWMLS)

APN: 272211575420