NOT LISTED FOR SALE

305 E Gibson Ave Chelan, WA 98816

Estimated Value: $703,390 - $837,000

4 Beds
2 Baths
2,573 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $375,000 $146 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,746/month

31 Days on Market

Highlights

  • Greenhouse
  • Spa
  • Fruit Trees
  • Chelan High School Rated A-
  • RV Access or Parking
  • Mountain View

About This Home

As of May 2019

Quails Nest: Is what this 4b/1.5ba, 2,573 sqft home is known as by locals. Uniquely settled on 6 city lots, this home offers comfort and space centrally located in downtown. This ample, homey kitchen serves as the nucleus for gatherings. A big home, shop, and Multi-family zoning allows for many opportunities: transform the detached shop into an ADU for more income generating potential.

Last Agent to Sell the Property

Arturo Zavala

Windermere RE/Lake Chelan License #116445 Listed on: 02/22/2019

Windermere RE/Lake Chelan

Last Buyer's Agent

Mary Signorelli

RE/MAX Advantage License #113023

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1414765

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1930

Lot Details

  • Partially Fenced Property
  • Brush Vegetation
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned Downtown Mixed Res

Property Views

  • Mountain
  • Territorial

Home Design

  • Block Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Greenhouse
  • Outbuilding

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Chelan Community

Listing and Financial Details

  • Assessor Parcel Number 272212590164

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,506

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.50
  • Bathrooms Main: Main
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2573
  • Square Footage Finished: 2573

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood Products
  • Foundation: Concrete Block, Poured Concrete
  • Roof: Metal
  • View: Mountain, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Insert, Stove/Free Standing, Wall
  • Power Company: Chelan County PUD
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Available
  • Sewer Company: City of Chelan
  • Water Company: City of Chelan
  • Water Heater: upstairs bathroom-electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Chelan

Schools

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

Lot Info

  • Lot Dimensions: 125x80
  • Lot Sq Ft: 12197
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level
  • Parcel Number: 272212590164
  • Zoning Code: Downtown Mixed Res
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 3074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 22, 2019
Sold by
Jerome Michelle
Bought by
Chelan Investments Gibson Llc
Seller's Agent
Arturo Zavala
Windermere RE/Lake Chelan
Buyer's Agent
Mary Signorelli
RE/MAX Advantage
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%
Current Estimated Value
$753,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,130
Avg. Annual Appreciation
11.59%
Original Mortgage
$300,000
Outstanding Balance
$263,225
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$489,905

Purchase Details

Listed on
Nov 8, 2014
Closed on
Mar 10, 2015
Sold by
Ross Kenneth G and Ross Mary P
Bought by
Jerome Michelle
Seller's Agent
Mary Signorelli
RE/MAX Advantage
Buyer's Agent
Arturo Zavala
Windermere RE/Lake Chelan
List Price
$329,000
Sold Price
$319,000
Premium/Discount to List
-$10,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$227,000
Interest Rate
3.61%
Mortgage Type
New Conventional
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
Chelan Investments Gibson Llc $375,000 Central Wa Ttl Svcs Inc
Jerome Michelle $319,000 North Meridian Title & Escro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chelan Investments Gibson Llc $300,000
Previous Owner Jerome Michelle $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $375,000 -1.3% $146 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $380,000 +19.1% $148 / Sq Ft
03/13/2015 03/13/15 Sold $319,000 -3.0% $124 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $329,000 +3.1% $128 / Sq Ft
12/20/2014 12/20/14 Off Market $319,000 -- --
11/08/2014 11/08/14 For Sale $329,000 -- $128 / 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 $3,506 $404,532 $84,252 $320,280
2020 $3,332 $376,552 $78,540 $298,012
2019 $2,686 $358,294 $41,580 $316,714
2018 $3,074 $296,381 $37,800 $258,581
2017 $2,557 $305,945 $37,800 $268,145
2016 $212 $271,830 $37,800 $234,030
2015 $212 $169,509 $37,800 $131,709
2013 $212 $172,534 $33,750 $138,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1414765

Northwest Multiple Listing Service (NWMLS)

APN: 272212590164