NOT LISTED FOR SALE

1227 W Alder St Shelton, WA 98584

Estimated Value: $228,000 - $317,191

1 Bed
1 Bath
1,200 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $190,000 $158 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,658/month

40 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • 1-Story Property

About This Home

As of May 2021

Wonderful area for this duplex that is in need of lots of TLC. Extra large corner lot could have potential for more buildings, buyer to verify with city. Cash or hard money loans only. Roof was replaced but the ceiling damage inside was never repaired and will need repairs. Bathrooms are begging to be remodeled, with probably removal of tub to fix flooring in one unit. All new flooring and interior paint is needed. Cash or hard money loans only. Please respect the tenants, appointments only.

Last Agent to Sell the Property

J.C. Nowacki

RE/MAX Top Executives License #8113 Listed on: 03/25/2021

RE/MAX Top Executives

Last Buyer's Agent

Peter Henry

Networks Real Estate LLC License #47516

Networks Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1748033

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1949

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Community Details

  • Shelton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 320185140001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,993

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1949
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1200
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 330

Interior Features

  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Foundation Details: See Remarks
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD 3
  • SewerCompany: City of Shelton
  • WaterCompany: City of Shelton
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Shelton

Lot Info

  • Parcel Number: 320185140001
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1993

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1200
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 27, 2021
Sold by
Leedbetter Lynn M
Bought by
Gt Investments Llc
Seller's Agent
J.C. Nowacki
RE/MAX Top Executives
Buyer's Agent
Peter Henry
Networks Real Estate LLC
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%
Current Estimated Value
$267,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,548
Avg. Annual Appreciation
9.04%
Original Mortgage
$177,125
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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
Gt Investments Llc $190,000 Stewart Title Company
Gt Investments Llc $190,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gt Investments Llc $225,000
Closed Gt Investments Llc $177,125
Previous Owner Leadbetter Lynn M $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $190,000 -5.0% $158 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/02/2021 05/02/21 Price Changed $200,000 -9.1% $167 / Sq Ft
03/25/2021 03/25/21 For Sale $220,000 -- $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
2025 $2,002 $207,780 $40,610 $167,170
2023 $2,002 $182,960 $34,180 $148,780
2022 $2,004 $160,305 $32,245 $128,060
2021 $1,993 $160,305 $32,245 $128,060
2020 $1,816 $146,970 $35,050 $111,920
2018 $1,154 $69,065 $42,500 $26,565
2017 $1,012 $69,065 $42,500 $26,565
2016 $995 $65,510 $42,500 $23,010
2015 $966 $65,510 $42,500 $23,010
2014 -- $62,770 $40,000 $22,770
2013 -- $69,760 $37,500 $32,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1748033

Northwest Multiple Listing Service (NWMLS)

APN: 32018-51-40001