Listed by Keller Williams Downtown Sea, Bought with Berkshire Hathaway HS NW
NOT LISTED FOR SALE

1421 Olympic Hwy S Shelton, WA 98584

Estimated Value: $288,000 - $322,000

0.78 Acre
$399,263 Price per Acre
33,977 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $387,500 $386 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,843/month

Highlights

  • Views of a Sound
  • Corner Lot
  • Cul-De-Sac

About This Lot

As of November 2021

PRICE REDUCED! DEVELOPER ALERT~ 33,833 sqft DEVELOPMENT SITE in DOWNTOWN SHELTON ON OLYMPIC HIGHWAY, ZONED COMMERCIAL MIXED USE~A PROJECTED DEVELOPMENT GROUND FLOOR ~ RETAIL-OFFICE-RESTAURANT- GROCERY ~ CITY ALLOWS LOTS OF USES PERMITTED EVEN GAS STATIONS- ZONING ALLOWS TO BUILD UP TO 35 FEET WITH 2 FLOORS OF RESIDENTIAL TOWNHOMES-CONDOS-APARTMENTS OR MULTIFAMILY. ALL FIVE PARCELS ARE CONNECTED TO SEWER & WATER, CONDO'S / APARTMENTS OR MULTIFAMILY. The Top Floors with Wonderful Mountain & Water Views. 2 Bedroom House is Currently Rented on Month to Month Lease and Can Will be Vacated in 30 Days, Collect Income from the House & Large Old House / Storage for some Income while you obtain your Building Permits. Residential is Grandfathering in

Last Agent to Sell the Property

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068 Listed on: 05/12/2020

Keller Williams Downtown Sea

Last Buyer's Agent

Mike Kerrigan

Berkshire Hathaway HS NW License #8043

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1601923

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,302

Lot Details

  • Cul-De-Sac
  • Corner Lot
  • Level Lot

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Utilities

  • Sewer in Street

Community Details

  • Downtown Community

Listing and Financial Details

  • Assessor Parcel Number 320205006003

Property Details

Property Type

Land

Est. Annual Taxes

$2,302

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained
  • View: Bay, City, Mountain, Sound, Territorial

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Available, In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Downtown

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SHL
  • Junior High: Buyer To Verify

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Cable Tv Available
  • Lot Details: Corner Lot, Cul-De-Sac, Curbs, Sidewalk
  • Lot Dimensions: 268 x 155 x 264 x 140
  • Lot Sq Ft: 33833
  • Parcel Number: 320205006003
  • Topography: Level, Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: SFR

Tax Info

  • Year: 2018
  • Tax Amount: 4612

MLS Schools

  • Elementary School: Buyer To Verify
  • Senior High: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Nov 19, 2021
Sold by
Guzman Balbuena Jose Luis D
Bought by
Ibarra Iremly
Seller's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
Buyer's Agent
Mike Kerrigan
Berkshire Hathaway HS NW
List Price
$448,700
Sold Price
$387,500
Premium/Discount to List
-$61,200
-13.64%
Current Estimated Value
$311,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,075
Avg. Annual Appreciation
-5.49%

Purchase Details

Closed on
Mar 18, 2016
Sold by
Myer David Leslie and Myer Robin Hruska
Bought by
Myer David Leslie and Myer Robin Hruska
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
Ibarra Iremly -- Olympic Title Company
Ibarra Iremly $385,000 Olympic Title Company
Ibarra Iremly -- Olympic Title Company
Ibarra Iremly $385,000 Olympic Title Company
Myer David Leslie -- Olympic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $387,500 0.0% $386 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/06/2021 10/06/21 Price Changed $387,500 -8.8% $386 / Sq Ft
04/28/2021 04/28/21 Price Changed $424,750 -0.2% $423 / Sq Ft
12/16/2020 12/16/20 Price Changed $425,700 +6.5% $424 / Sq Ft
11/18/2020 11/18/20 Price Changed $399,700 -6.0% $398 / Sq Ft
06/22/2020 06/22/20 Price Changed $425,000 -5.3% $423 / Sq Ft
05/12/2020 05/12/20 For Sale $448,700 -- $447 / 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 $2,302 $243,370 $60,060 $183,310
2023 $2,302 $188,025 $60,060 $127,965
2022 $2,342 $187,315 $80,080 $107,235
2021 $2,521 $187,315 $80,080 $107,235
2020 $2,388 $185,950 $86,110 $99,840
2018 $1,811 $108,410 $73,150 $35,260
2017 $1,601 $108,410 $73,150 $35,260
2016 $1,575 $103,685 $73,150 $30,535
2015 $1,525 $103,685 $73,150 $30,535
2014 -- $99,065 $68,845 $30,220
2013 -- $118,375 $64,545 $53,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1601923

Northwest Multiple Listing Service (NWMLS)

APN: 32020-50-06003