NOT LISTED FOR SALE

227 Bandera Way Chelan, WA 98816

Estimated Value: $113,000 - $254,000

0.53 Acre
$346,226 Price per Acre
23,087 Sq Ft Lot

Last Sold March 25, 2016

Last sale price $66,300

Est. 177% increase in value since last sale

Current estimated payment $1,201/month

949 Days on Market

Highlights

  • Lake View
  • Chelan High School Rated A-
  • Lot Has A Rolling Slope

About This Lot

As of March 2016

Beautiful Lake Chelan view lots at Bear Mt Ranch. Bear Mountain Ranch is a golf course community nestled in the Cascade Mtn Range & overlooks Lake Chelan, a pristine 50 mile glacier-fed lake that averages 300 days of annual sunshine. The gold course has been ranked as one of the top 6 new courses in the US by PGA touring pros! These are bank owned properties priced accordingly for today's market and the bank is motivated!

Last Listed By

Rhett Crow

Windermere RE/Lk Chelan Dwntwn License #23789 Listed on: 06/20/2013

Windermere RE/Lk Chelan Dwntwn

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM505349

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $785

Lot Details

Property Views

  • Lake
  • Golf Course
  • Mountain
  • Territorial

Additional Features

  • Lot Has A Rolling Slope
  • Sewer Not Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 272218480530

Property Details

Property Type

Land

Est. Annual Taxes

$785

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Recreational
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR, NO Manufactured Homes
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved
  • View: Golf Course, Lake, Mountain, Territorial
  • Water Jurisdiction: Bear Mt Water District

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: Chelan
  • Project: Bandera @ Bear Mt
  • Community Features: CCRs

Schools

  • Elementary School: Morgen Owings Elem
  • Middle School: Chelan Mid
  • High School: Chelan High
  • School District: LCH

Lot Info

  • Lot Number: 53
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Parcel Number: 272218480530
  • Topography: Rolling
  • Zoning Jurisdiction: County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2013
Closed on
Mar 16, 2016
Sold by
Peoples Bank
Bought by
Ferraro Christopher J and Ferraro Rita P
Seller's Agent
Rhett Crow
Windermere RE/Lk Chelan Dwntwn
Buyer's Agent
Rhett Crow
Windermere RE/Lk Chelan Dwntwn
List Price
$69,000
Sold Price
$66,300
Premium/Discount to List
-$2,700
-3.91%
Total Days on Market
949
Current Estimated Value
$183,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,200
Avg. Annual Appreciation
10.32%
Original Mortgage
$378,000
Outstanding Balance
$305,650
Interest Rate
3.65%
Mortgage Type
Seller Take Back
Estimated Equity
-$143,150

Purchase Details

Closed on
Apr 7, 2011
Sold by
Bear Mountain Ranch Holdings Llc
Bought by
Peoples Bank

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Property in Chelan, WA

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    $175,000

    • Land
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    Rhett Crow Windermere RE/Lk Chelan Dwntwn

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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
Ferraro Christopher J $472,500 First Amer Title Wenatchee
Peoples Bank -- North Meridian Title & Escro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Christopher J $378,000
Previous Owner Bmr Construction & Development Llc $1,163,207
Previous Owner Bu Bmr Construction And Development Llc $163,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $66,300 -3.9% --
01/25/2016 01/25/16 Pending -- -- --
06/20/2013 06/20/13 For Sale $69,000 -- --
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
2021 $785 $87,740 $87,740 $0
2020 $781 $82,320 $82,320 $0
2019 $728 $82,320 $82,320 $0
2018 $811 $78,020 $78,020 $0
2017 $766 $79,200 $79,200 $0
2016 $1,169 $79,200 $79,200 $0
2015 $1,169 $53,900 $53,900 $0
2013 $1,169 $71,500 $71,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM505349

Northwest Multiple Listing Service (NWMLS)

APN: 272218480530