Listed by Richard Beckman Rlty Group LLC, Bought with Better Properties NW
NOT LISTED FOR SALE

114 W Cedar St Shelton, WA 98584

4 Beds
-- Bath
7,379 Sq Ft
0.28 Acres

Last Sold January 11, 2018

Last sale price $435,000 $59 Per Sq Ft

Highlights

  • City View
  • Wood Siding
  • Wall to Wall Carpet
  • High Speed Internet

About This Home

As of January 2018

10 Unit 2 story Apartment building located in downtown Shelton across from Pro Build and Dary Queen. All units are currently occupied with an average monthly income of $4,229. Building consists of 10 units which four are Studio apartments, five are 1 bedroom apartments, and one 2 bedroom unit. Currently renting under fair market value. 8+% cap rate potential. Includes two Parcels 320195002007 & 320195002008

Last Agent to Sell the Property

Darin Holland

Richard Beckman Rlty Group LLC License #120109 Listed on: 12/14/2017

Richard Beckman Rlty Group LLC

Last Buyer's Agent

Andre Scott

Better Properties NW License #110296

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1226438

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,244

Year Built

  • Built in 1935

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 101' x 120'

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,379 Sq Ft Home
  • 2-Story Property
  • City Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Schools

  • Evergreen Elementary School
  • Shelton Mid Middle School
  • Shelton High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Francis Sheltons Add Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 & 8 / 2
  • Assessor Parcel Number 320195002008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,244

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1935
  • Buyer Agency Compensation: 3.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Francis Sheltons Add
  • New Construction: No
  • CalculatedSquareFootage: 7379
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Fire Sprinklers

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Alley, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD #3
  • SewerCompany: City of Shelton
  • WaterCompany: City of Shelton
  • WaterSewerGarbage: 13986

Schools

  • Junior High Dist: Shelton
  • High School: Shelton High
  • Middle Or Junior School: Shelton Mid

Lot Info

  • Parcel Number: 320195002008
  • Lot Size Acres: 0.28
  • Lot Size: 101' x 120'
  • Lot Size Sq Ft: 12196
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 7 & 8

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 5195

Multi Family

  • Gross Scheduled Income: 62340
  • Net Operating Income: 27133
  • Number Of Units Total: 10
  • Insurance Expense: 1277
  • Leasable Area: 6691
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7244

MLS Schools

  • Elementary School: Evergreen Elem

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
01/11/2018 01/11/18 Sold $435,000 -5.8% $59 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $462,000 -- $63 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Darin Holland

    Seller's Agent in 2018

    Darin Holland

    Richard Beckman Realty Group

    (360) 463-7624

    21 Total Sales

    Darin Holland
    Section Image

  • A

    Buyer's Agent in 2018

    Andre Scott

    Better Properties NW

    (253) 202-1454

    82 Total Sales

    Andre Scott
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1226438

Northwest Multiple Listing Service (NWMLS)
Washington Mason County Shelton 98584

114 W Cedar St, Shelton, WA

This home is located at 114 W Cedar St, Shelton, WA 98584 since 14 December 2017. This property was built in 1935. 114 W Cedar St is a home located in Mason County with nearby schools including Evergreen Elementary School, Olympic Middle School, and Oakland Bay Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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