Listed by John L. Scott Shelton, Bought with Olympic Sotheby's Int'l Realty
NOT LISTED FOR SALE

1560 E Island Lake Dr Shelton, WA 98584

Estimated Value: $800,000 - $1,034,281

5 Beds
3 Baths
2,800 Sq Ft
$330/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $375,800 $134 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $5,529/month

160 Days on Market

Highlights

  • Docks
  • Deck
  • Sport Court
  • Lake View
  • 1 Fireplace
  • Attached Garage

About This Home

As of February 2015

Ready for lake front living at its very best? This is it! Nice big house right on Island Lake with plenty of room for everyone, and lots of deck to enjoy, too. 90' of lake frontage on this double lot! Lake not enough for you? How about your own private tennis court! The home has five bedrooms plus an office, and a large kitchen and family room in addition to a living room. Island lake has no dues, and is a water-ski, jet-ski lake near schools, shopping, and Hwy 101. Don't wait on this one.

Last Agent to Sell the Property

Kristy Buck

John L. Scott Shelton License #50017 Listed on: 06/26/2014

John L. Scott Shelton

Last Buyer's Agent

Sterling Stock

Olympic Sotheby's Int'l Realty License #20207

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM658634

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,259

Year Built

  • Built in 1965

Lot Details

  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Vinyl

Outdoor Features

  • Docks
  • Deck
  • Outbuilding

Utilities

  • Propane
  • Shared Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 320065002039

Community Details

Overview

  • Island Lake Community

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,259

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Jetted Tub, Vaulted Ceilings
  • Floor Covering: Laminate, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2800
  • Square Footage Finished: 2800

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 90

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Insert, Wall
  • Power Company: PUD 3
  • Sewer: Septic
  • Sewer Company: Individual Septic
  • Water Company: Shared w/ one neighbor
  • Water Heater: Storage Room-Electric
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Island Lake
  • Project: Island Lk Shorelands

Schools

  • School District: SHL

Lot Info

  • Lot Number: 39-40
  • Lot Details: Paved Street
  • Lot Dimensions: Irregular-See Plat
  • Lot Sq Ft: 38768
  • Lot Topography Vegetation: Garden Space, Level, Rolling
  • Parcel Number: 320065002039
  • Zoning Code: Residential
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Rolling

Tax Info

  • Tax Amount: 5027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Jan 20, 2015
Sold by
Knudsen Jennifer
Bought by
Penney James and Penney Margaret Jo
Seller's Agent
Kristy Buck
John L. Scott Shelton
Buyer's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
List Price
$410,000
Sold Price
$375,800
Premium/Discount to List
-$34,200
-8.34%
Current Estimated Value
$923,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,270
Avg. Annual Appreciation
8.74%
Original Mortgage
$383,879
Outstanding Balance
$293,164
Interest Rate
3.76%
Mortgage Type
VA
Estimated Equity
$629,906
Source: Public Records

Range of Values:

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Average Value
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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
Penney James $376,080 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penney James $383,879
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2015 02/06/15 Sold $375,800 -2.4% $134 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
10/07/2014 10/07/14 Price Changed $385,000 -2.5% $138 / Sq Ft
07/24/2014 07/24/14 Price Changed $395,000 -3.7% $141 / Sq Ft
06/26/2014 06/26/14 For Sale $410,000 -- $146 / 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 $8,259 $939,925 $194,350 $745,575
2023 $8,259 $692,840 $222,880 $469,960
2022 $6,570 $543,135 $135,075 $408,060
2021 $7,145 $543,135 $135,075 $408,060
2020 $6,629 $541,550 $150,080 $391,470
2018 $7,965 $496,565 $170,690 $325,875
2017 $6,108 $496,565 $170,690 $325,875
2016 $4,122 $421,775 $162,660 $259,115
2015 $4,830 $289,380 $162,660 $126,720
2014 -- $332,160 $158,640 $173,520
2013 -- $350,425 $150,610 $199,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM658634

Northwest Multiple Listing Service (NWMLS)

APN: 32006-50-02039