Listed by Windermere RE/Himlie, Bought with Windermere Abode
NOT LISTED FOR SALE

1314 1316 S 2nd St Shelton, WA 98584

Estimated Value: $376,000 - $521,000

3 Beds
2 Baths
2,816 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $188,000 $67 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,769/month

118 Days on Market

Highlights

  • RV Access or Parking
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Patio
  • Wood Siding

About This Home

As of May 2015

Duplex Investment Opportunity. Spacious 1408 SF townhouse style 3 bedroom, 2 bath units with attached carports located on Angleside. Excellent long term rental history, large 11,700 SF lot in a great neighborhood. Move-in ready and let the other unit make your payment.

Last Agent to Sell the Property

KEITH FULLER

Windermere RE/Himlie License #3891 Listed on: 09/03/2014

Windermere RE/Himlie

Last Buyer's Agent

Jessica Knicely

Windermere Abode License #105814

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 690138

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,816 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Bordeaux Elementary School
  • Oakland Bay Jr High Middle School
  • Shelton High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Seattle Syndicate Add Condos
  • Shelton Subdivision

Listing and Financial Details

  • Legal Lot and Block 9-11/vac Grandview Ave / 33
  • Assessor Parcel Number 320195933009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1970
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Seattle Syndicate Add
  • New Construction: No
  • CalculatedSquareFootage: 2816
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

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

Schools

  • Junior High Dist: Shelton
  • High School: Shelton High
  • Middle Or Junior School: Oakland Bay Jr HS

Lot Info

  • Parcel Number: 320195933009
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 9-11/vac Grandview Ave

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 1665

Multi Family

  • Gross Scheduled Income: 19980
  • Net Operating Income: 14585
  • Number Of Units Total: 2
  • Insurance Expense: 720
  • Leasable Area: 2816
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2675

MLS Schools

  • Elementary School: Bordeaux Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
May 27, 2015
Sold by
Brennan Mahri T
Bought by
Orsi Michele Giovanni
Seller's Agent
KEITH FULLER
Windermere RE/Himlie
Buyer's Agent
Jessica Knicely
Windermere Abode
List Price
$188,000
Sold Price
$188,000
Current Estimated Value
$452,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,307
Avg. Annual Appreciation
8.82%
Original Mortgage
$159,800
Outstanding Balance
$123,281
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$329,026

Purchase Details

Closed on
Apr 1, 2009
Sold by
Brennan Mahri T and Brennan Mahri T
Bought by
Brennah Mahri T
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
Orsi Michele Giovanni $188,000 Land Title Co
Orsi Michele Giovanni -- Land Title Co
Brennah Mahri T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orsi Michele Giovanni $159,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $188,000 0.0% $67 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $188,000 -- $67 / 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 $4,449 $445,700 $44,715 $400,985
2023 $4,449 $381,950 $37,640 $344,310
2022 $4,149 $331,785 $35,510 $296,275
2021 $4,005 $331,785 $35,510 $296,275
2020 $3,763 $295,395 $38,595 $256,800
2018 $3,442 $206,075 $51,000 $155,075
2017 $2,862 $206,075 $51,000 $155,075
2016 $2,814 $185,305 $51,000 $134,305
2015 -- $185,305 $51,000 $134,305
2014 -- $180,920 $48,000 $132,920
2013 -- $173,770 $45,000 $128,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 690138

Northwest Multiple Listing Service (NWMLS)

APN: 32019-59-33009