NOT LISTED FOR SALE

721 E Wapato Ave Chelan, WA 98816

Estimated Value: $717,000 - $733,000

3 Beds
3.5 Baths
2,183 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $690,000 $316 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,505/month

15 Days on Market

Highlights

  • Sauna
  • Cape Cod Architecture
  • Deck
  • RV Access or Parking
  • Mountain View
  • Vaulted Ceiling

About This Home

As of November 2024

FIRST CLASS Cape Cod inspired great producing VACATION RENTAL in downtown Chelan, in the unique Highway Service Commercial Zoning District. Home is a completely turn-key 3bed/3.25bath, 2,183sqft two-story w/ a daylight rambler. Investment has an active STR permit in Chelan, & is easily transferable for the next owner, which is rare. This home is a guest favorite offering optimal interior/ exterior entertaining spaces such as a gourmet kitchen, great room, media room w/ wet bar, & an epic backyard patio & pool set up for summer conveniences. Lastly, location is a hop-skip-and-a-jump from lake access at Riverwalk Park, boat launch, trails to the Butte, all downtown shops & eateries. Most competitively priced Vacation Rental in the Valley.

Last Agent to Sell the Property

Arturo Zavala

Windermere RE/Lake Chelan License #116445 Listed on: 08/08/2024

Windermere RE/Lake Chelan

Last Buyer's Agent

Arturo Zavala

Windermere RE/Lake Chelan License #116445 Listed on: 08/08/2024

Windermere RE/Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2275566

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,638

Year Built

  • Built in 2009

Lot Details

  • 5,227 Sq Ft Lot
  • Open Space
  • South Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Value in Land
  • Zoning described as Highway Service Commercial

Property Views

  • Mountain
  • Territorial

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,183 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Loft
  • Sauna
  • Dishwasher
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Parking

  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Morgen Owings Elementary School
  • Chelan Mid Middle School
  • Chelan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Chelan Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,638

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2009
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher(s),LeasedEquipment,Refrigerator(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cape Cod
  • Building Name: Lake View Addition to Chelan
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2183
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: true
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2275566?w=Consumer&agent=100147
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher(s), Refrigerator(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Loft, Sauna, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar
  • Living Area: 2183
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 2183
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Refrigerator(s)

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Open Space, Value In Land
  • Pool Features: In Ground
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • PoolType: In-Ground

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street, RV Parking

Utilities

  • Sewer: Available, Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Central A/C, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Chelan
  • WaterCompany: City of Chelan
  • WaterHeaterLocation: Basement bedroom location
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Chelan
  • High School: Chelan High
  • Middle Or Junior School: Chelan Mid

Lot Info

  • Parcel Number: 272318665280
  • Topography: Level,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.12
  • Lot Size: 48ft x 115ft
  • Lot Size Sq Ft: 5227
  • Zoning Description: Highway Service Commercial
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • LotNumber: 19

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4638

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Morgen Owings Elem

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 1, 2020
Sold by
Hanson Ronald G and Hanson Debra Cobb
Bought by
Linzbach Amy Marie and Linzbach William Henry
Seller's Agent
Brian Merrill
Windermere RE/Lake Chelan
Buyer's Agent
Kara Schell
Windermere RE/Lake Chelan
List Price
$575,000
Sold Price
$626,000
Premium/Discount to List
$51,000
8.87%
Current Estimated Value
$723,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,898
Avg. Annual Appreciation
2.76%
Original Mortgage
$426,000
Outstanding Balance
$378,741
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$345,157

Purchase Details

Closed on
Feb 7, 2012
Sold by
Hanson Debra Cobb and Jessup Debra A
Bought by
Hanson Ronald G and Hanson Debra Cobb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Cameron Larry and Cameron Oonagh
Bought by
Jessup Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 7, 2005
Sold by
Rutherford Samuel C and Rutherford Katherine H
Bought by
Cameron Larry and Cameron Oonaugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
5.7%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Linzbach Amy Marie $626,000 First American Ttl Wenatchee
Hanson Ronald G -- Pioneer Title Co
Jessup Debra A $150,000 First American Title Insuran
Cameron Larry -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linzbach Amy Marie $426,000
Previous Owner Hanson Ronald G $193,000
Previous Owner Jessup Debra A $30,600
Previous Owner Jessup Debra A $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Sold $690,000 -4.8% $316 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $725,000 +15.8% $332 / Sq Ft
09/04/2020 09/04/20 Sold $626,000 +8.9% $287 / Sq Ft View Prior Sale
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $575,000 -- $263 / 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 $4,360 $503,583 $80,640 $422,943
2020 $4,096 $488,582 $80,640 $407,942
2019 $4,824 $440,912 $55,860 $385,052
2018 $4,864 $533,533 $50,820 $482,713
2017 $3,154 $484,926 $46,200 $438,726
2016 $2,613 $335,563 $42,000 $293,563
2015 $2,613 $273,010 $42,000 $231,010
2013 $2,613 $266,993 $37,500 $229,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2275566

Northwest Multiple Listing Service (NWMLS)

APN: 272318665280