NOT LISTED FOR SALE

508 Highpoint Ln Chelan, WA 98816

Estimated Value: $1,359,000 - $1,810,000

4 Beds
3 Baths
3,460 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $1,095,000 $316 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,724/month

54 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • RV Access or Parking
  • Chelan High School Rated A-
  • Spa
  • Lake View

About This Home

As of August 2019

Stunning custom built Chelan Highlands home on a private, gated 2.5 acre lot. Expansive lake and mountain views with year round southern exposure. Recently updated deck, baths, and master bedroom. Open floor plan with 4 bedrooms, 4 bathrooms and 2 garages. Tons of storage plus RV and boat parking. Community waterfront includes 2 parks with docks, 2 pools, boat launch and buoys.

Last Agent to Sell the Property

Kim Gardner

Gardner Realty Group LLC License #18612 Listed on: 06/02/2019

Last Buyer's Agent

Shayne Turgeon

Realogics Sotheby's Int'l Rlty License #128453

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1467900

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,043

Year Built

  • Built in 1994

Lot Details

  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Dog Run
  • Gated Home
  • Secluded Lot
  • Steep Slope
  • Sprinkler System
  • Wooded Lot
  • Garden

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 3 Bathrooms
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck

Utilities

  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 272203520210

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,043

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Homebuilder: Harkey
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Fireplace In Mstr Br, Hot Tub/Spa, Sauna, Security System, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Daylight, Fully Finished
  • Extra Finished Room: Lower
  • Kitchen: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3460
  • Square Footage Finished: 3460

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain
  • Pool: Community

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: Chelan County PUD
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Water Company: Lake View Maintenance Association
  • Water Heater: Basement-Electric
  • Water Source: Community, Public

Condo/Co-op/Association

  • HOA Fees: 48
  • Community Name: Chelan
  • Project: Robert J. Fedor Short Plat No. 1188
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

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

Lot Info

  • Lot Number: 2
  • Lot Details: Cul-De-Sac, Dead End Street, Open Space, Paved Street, Secluded
  • Lot Sq Ft: 108900
  • Lot Topography Vegetation: Garden Space, Sloped, Steep Slope, Terraces, Wooded
  • Parcel Number: 272203520210
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Sloped, Steep Slope, Terraces, Wooded

Tax Info

  • Tax Amount: 5337

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Aug 23, 2019
Sold by
Schmidt Cherie L
Bought by
Reines Catherine and Reines Martin
Seller's Agent
Kim Gardner
Gardner Realty Group LLC
Buyer's Agent
Shayne Turgeon
Realogics Sotheby's Int'l Rlty
List Price
$1,095,000
Sold Price
$1,095,000
Current Estimated Value
$1,543,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,115
Avg. Annual Appreciation
5.76%
Original Mortgage
$985,500
Outstanding Balance
$864,883
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$678,232

Purchase Details

Closed on
Nov 2, 2012
Sold by
Abbott Gary D and Abbott Barbara L
Bought by
Schmidt Randolph L and Schmidt Cherie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Fedor Jan V and Fedor Kathleen R
Bought by
Abbott Gary D and Abbott Barbara L
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
Reines Catherine $1,093,876 First American Ttl Wenatchee
Schmidt Randolph L $595,000 First Amer Title Wenatchee
Abbott Gary D $1,462 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reines Catherine $985,500
Previous Owner Schmidt Randolph L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $1,095,000 0.0% $316 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
06/02/2019 06/02/19 For Sale $1,095,000 -- $316 / 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 $9,043 $1,063,986 $271,431 $792,555
2020 $6,553 $897,697 $259,624 $638,073
2019 $5,336 $720,862 $232,400 $488,462
2018 $5,890 $595,847 $223,104 $372,743
2017 $5,448 $597,167 $223,415 $373,752
2016 $4,341 $585,477 $184,675 $400,802
2015 $4,341 $564,847 $190,900 $373,947
2013 $4,341 $465,634 $166,000 $299,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1467900

Northwest Multiple Listing Service (NWMLS)

APN: 272203520210