NOT LISTED FOR SALE

354 Substation Rd Chelan, WA 98816

Estimated Value: $403,000 - $885,468

10.65 Acres
$58,356 Price per Acre
463,914 Sq Ft Lot

Last Sold August 17, 2020

Last sale price $215,000

Est. 189% increase in value since last sale

Current estimated payment $3,916/month

105 Days on Market

Highlights

  • River View
  • Secluded Lot
  • Level Lot
  • Chelan High School Rated A-

About This Lot

As of August 2020

Over 10 acre bluff site w/ massive Mtn & Columbia River views! Property has new gravel driveway & approx 5 acres of usable level/rolling land w/irrigation water. Dead end road adds ultimate privacy & there are no CCRs!!! Tons of flexibility- Use w/ RV, rambler style home, large shop, vineyard/AG, equestrian, winery, build a "secure" compound, or combination thereof. Rare to find a property w/ no restrictions, big views, privacy, good access, close to Chelan, irrigation, & plenty of usable land!

Last Agent to Sell the Property

Rhett Crow

Windermere RE/Lk Chelan Dwntwn License #23789 Listed on: 02/24/2020

Windermere RE/Lk Chelan Dwntwn

Last Buyer's Agent

Rhett Crow

Windermere RE/Lk Chelan Dwntwn License #23789 Listed on: 02/24/2020

Windermere RE/Lk Chelan Dwntwn

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1568138

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,519

Lot Details

  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot

Property Views

  • River
  • Mountain
  • Territorial

Utilities

  • Sewer Not Available

Community Details

  • Chelan Community

Listing and Financial Details

  • Assessor Parcel Number 282334440050

Property Details

Property Type

Land

Est. Annual Taxes

$1,519

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Partially Cleared, Irrigation
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Access Easement, Gravel, Paved
  • View: Mountain, River, Territorial
  • Water Jurisdiction: Greater Wenatchee Irrigation District

Utilities

  • Electricity: Available
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Well Needed

Condo/Co-op/Association

  • Community Name: Chelan

Schools

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

Lot Info

  • General Zoning Classification: Agricultural, Residential
  • Improvements: Fenced-Partially
  • Lot Details: Dead End Street, Secluded
  • Lot Sq Ft: 463914
  • Parcel Number: 282334440050
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 1144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 11, 2020
Sold by
2910 Nora Dr Llc
Bought by
Potter Randal A and Potter Dawn M
Seller's Agent
Rhett Crow
Windermere RE/Lk Chelan Dwntwn
Buyer's Agent
Rhett Crow
Windermere RE/Lk Chelan Dwntwn
List Price
$255,000
Sold Price
$215,000
Premium/Discount to List
-$40,000
-15.69%
Current Estimated Value
$621,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,489
Avg. Annual Appreciation
22.79%
Original Mortgage
$172,000
Outstanding Balance
$122,130
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$499,359

Purchase Details

Listed on
Jul 19, 2019
Closed on
Jul 18, 2019
Sold by
Robert Family Enterprises Inc
Bought by
2910 E Nora Dr Llc
Seller's Agent
Rhett Crow
Windermere RE/Lk Chelan Dwntwn
Buyer's Agent
Rhett Crow
Windermere RE/Lk Chelan Dwntwn
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.88%

Purchase Details

Closed on
Apr 23, 2013
Sold by
Sorella Winery Inc
Bought by
Roberts Family Enterprises Inc

Purchase Details

Closed on
Mar 3, 2009
Sold by
Locke Martha
Bought by
Sorella Winery Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.08%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Potter Randal A $215,000 Simplifiled Llc North Meridi
2910 E Nora Dr Llc $180,000 Central Wa Ttl Svcs Inc
Roberts Family Enterprises Inc -- None Available
Sorella Winery Inc $225,000 Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Randal A $172,000
Previous Owner Sorella Winery Inc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $215,000 -10.0% --
06/08/2020 06/08/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $239,000 -6.3% --
02/24/2020 02/24/20 For Sale $255,000 +41.7% --
07/19/2019 07/19/19 Sold $180,000 0.0% -- View Prior Sale
07/19/2019 07/19/19 For Sale $180,000 -- --
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 $1,519 $176,925 $176,925 $0
2020 $1,952 $178,045 $178,045 $0
2019 $1,876 $124,296 $124,296 $0
2018 $1,863 $119,816 $119,816 $0
2017 $1,776 $119,816 $119,816 $0
2016 $1,588 $124,296 $124,296 $0
2015 $1,588 $124,296 $124,296 $0
2013 $1,588 $106,271 $106,271 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1568138

Northwest Multiple Listing Service (NWMLS)

APN: 282334440050