Listed by Windermere RE/Lake Chelan, Bought with Windermere RE/Lk Chelan Dwntwn
NOT LISTED FOR SALE

7540 Chelan Ridge Rd Chelan, WA 98816

Estimated Value: $1,400,677 - $1,937,000

4 Beds
3 Baths
5,300 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $930,000 $175 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,379/month

291 Days on Market

Highlights

  • Waterfront Community
  • Spa
  • Craftsman Architecture
  • Chelan High School Rated A-
  • Lake View
  • Deck

About This Home

As of November 2020

Overlooking Lake Chelan and located in the popular Community Waterfront area called Chelan Ridge. This beautifully designed custom home is 5300 sq. ft., .63 acre lot, featuring 4 bedrooms, 3 bth, Master suite w/grand bathroom, jetted tub, large tile shower, W/D and even coffee bar, 2 kitchens, 2 living areas, W/D on each floor, Arizona stone fireplace, 4 car garage, covered view decks, hot tub, exquisite new rock patio and water feature too. Community waterfront allows access to Lake Chelan!

Last Agent to Sell the Property

Kara Schell

Windermere RE/Lake Chelan License #80797 Listed on: 10/03/2019

Windermere RE/Lake Chelan

Co-Listed By

Brian Merrill

Windermere RE/Lake Chelan License #91274

Last Buyer's Agent

Rhett Crow

Windermere RE/Lk Chelan Dwntwn License #23789

Windermere RE/Lk Chelan Dwntwn

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1525036

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 2008

Lot Details

  • 0.63 Acre Lot
  • Street terminates at a dead end
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 5,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Hydromassage or Jetted Bathtub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Utilities

  • Propane
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • High Tech Cabling

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 272103527050

Community Details

Overview

  • Built by Collins
  • Chelan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,902

Year Built

Built in 2008

Lot Details

0

HOA Fees

$33 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2008
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Chelan Ridge
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5300
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 323

Interior Features

  • Fireplaces: 1
  • Private Spa: Yes
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Water Heater
  • Living Area: 5300
  • Main Level Bedrooms: 2
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 5300
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Builder Name: Collins
  • Exterior Features: See Remarks, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electricity Available
  • PowerCompany: Chelan Co PUD
  • SewerCompany: Septic
  • WaterCompany: PUD
  • WaterHeaterLocation: Mechanical Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach
  • Association Fee: 33
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 272103527050
  • Topography: Level,Sloped
  • Lot Size Acres: 0.63
  • Lot Size Sq Ft: 27443
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dog Run,Fenced-Partially,High Speed Internet,Hot Tub/Spa,Patio,Propane,Sprinkler System
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5902

MLS Schools

  • Elementary School: Morgen Owings Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2015
Sold by
Cary Charles L and Cary Kathleen M
Bought by
Living Charles and Living Kathleen Cary Revocable
Current Estimated Value
$1,597,752

Purchase Details

Closed on
Jul 19, 2013
Sold by
Cary Charles L and Cary Kathleen M
Bought by
Cary Charles L and Cary Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2011
Sold by
Cary Charles L and Cary Kathleen M
Bought by
Cary Charles L and Cary Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Cary Charles L and Cary Kathleen M
Bought by
Cary Charles L and Cary Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Cary Charles L and Cary Kathleen M
Bought by
Cary Charles L and Cary Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2008
Sold by
Cary Charles and Cary Kathleen
Bought by
Cary Charles L and Cary Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 16, 2008
Sold by
Denniston Gary
Bought by
Cary Charles L and Cary Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,250
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2008
Sold by
Gary Denniston Living Trust
Bought by
Denniston Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,250
Interest Rate
6.42%
Mortgage Type
Unknown
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
Living Charles -- Accommodation
Cary Charles L -- Accommodation
Cary Charles L -- Accommodation
Cary Charles L -- First Amer Title Wenatchee
Cary Charles L -- None Available
Cary Charles L -- First American Title
Cary Charles L $217,250 First American Title
Denniston Gary -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cary Charles L $417,000
Closed Cary Charles L $65,000
Closed Cary Charles L $410,000
Closed Cary Charles L $70,000
Closed Cary Charles L $325,000
Previous Owner Cary Charles L $117,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $930,000 -1.1% $175 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $940,000 -1.1% $177 / Sq Ft
04/09/2020 04/09/20 Price Changed $950,000 -2.0% $179 / Sq Ft
10/03/2019 10/03/19 For Sale $969,000 -- $183 / 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 $7,627 $894,262 $166,706 $727,556
2020 $6,236 $695,359 $126,084 $569,275
2019 $5,903 $683,979 $126,084 $557,895
2018 $6,643 $657,313 $124,583 $532,730
2017 $6,539 $671,843 $104,500 $567,343
2016 $5,861 $848,125 $104,500 $743,625
2015 $5,861 $678,316 $104,500 $573,816
2013 $5,861 $569,658 $104,500 $465,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1525036

Northwest Multiple Listing Service (NWMLS)

APN: 272103527050