NOT LISTED FOR SALE

401 Mackinaw Ln Chelan, WA 98816

Estimated Value: $1,450,000 - $1,921,507

0.11 Acre
$15,062,145 Price per Acre
4,792 Sq Ft Lot

Last Sold August 30, 2018

Last sale price $387,132 $167 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $10,441/month

8 Days on Market

Highlights

  • Waterfront Community
  • Lake View
  • Corner Lot
  • Chelan High School Rated A-
  • Clubhouse

About This Lot

As of August 2018

700 feet of amazing lake access with a 70 slip marina with boat rentals, sandy beach cove, parks, pool, hot tub, outdoor fireplaces, playground, trails and clubhouse. The "Peshastin" home plan; a 2,029 SF three story home with 4bd/3.5bth has been designed for this homesite and features lake, mountain, and city views, spacious rooms, and a classic wrap around porch opening onto Vineyard Park. VACATION HOME RENTAL, Hospitality and Property Management program available on-site.

Last Agent to Sell the Property

Laura Harris

Windermere RE/Lake Chelan License #118360 Listed on: 05/27/2018

Windermere RE/Lake Chelan

Last Buyer's Agent

Laura Harris

Windermere RE/Lake Chelan License #118360 Listed on: 05/27/2018

Windermere RE/Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1306496

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,594

Lot Details

  • Corner Lot
  • Level Lot

Property Views

  • Lake
  • City
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 272211570342

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,594

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved, Privately Maintained
  • Road On Which Sideof Property: West
  • View: City, Lake, Mountain
  • Water Jurisdiction: City of Chelan

Utilities

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

Condo/Co-op/Association

  • Community Name: The Lookout
  • Project: The Lookout at Lake Chelan -Lot 342 -The Peshastin
  • Community Features: CCRs, Clubhouse, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Number: Lot 342
  • General Zoning Classification: Residential
  • Lot Details: Alley, Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 41.30x90.07x75.41x66.56
  • Lot Sq Ft: 4947
  • Parcel Number: 272211570342
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: 201 - CH 129 CD4 H2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2018
Closed on
Aug 20, 2018
Sold by
Chelan Lookout Lllp
Bought by
Arnett Thomas F and Arnett Wendy L
Seller's Agent
Laura Harris
Windermere RE/Lake Chelan
Buyer's Agent
Laura Harris
Windermere RE/Lake Chelan
List Price
$417,132
Sold Price
$387,132
Premium/Discount to List
-$30,000
-7.19%
Current Estimated Value
$1,656,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,269,704
Avg. Annual Appreciation
22.80%
Original Mortgage
$656,020
Outstanding Balance
$569,727
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$1,087,109
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
Arnett Thomas F $387,132 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnett Thomas F $656,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $387,132 -7.2% $167 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $417,132 -- $180 / 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 $7,594 $878,680 $353,430 $525,250
2020 $3,153 $825,525 $328,440 $497,085
2019 $2,917 $339,000 $339,000 $0
2018 $2,150 $322,050 $322,050 $0
2017 $0 $213,570 $213,570 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1306496

Northwest Multiple Listing Service (NWMLS)

APN: 272211570342