NOT LISTED FOR SALE

162 E Lakeway Dr Shelton, WA 98584

Estimated Value: $281,000 - $381,000

1 Bed
1 Bath
700 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $275,000 $393 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,893/month

26 Days on Market

Highlights

  • Low Bank Waterfront Property
  • RV Access or Parking
  • Deck
  • Docks
  • Lake View
  • Wood Flooring

About This Home

As of June 2019

This 700 sq ft cabin located on 80' of amazing Spencer Lake waterfront could be just what you're looking for! Open concept cabin is an adorable, rustic lake get-away for now OR build your dream home in this amazing location. Deck across the home overlooks the lake & the dock. There are 2 RV carports. One carport features an attached office, many other uses for this room. 2nd RV carport is metal, along w/another standard sized metal carport. Access to utility room is off the covered porch.

Last Agent to Sell the Property

Lori Brady

RE/MAX Top Executives License #35906 Listed on: 04/15/2019

RE/MAX Top Executives

Last Buyer's Agent

Lori Brady

RE/MAX Top Executives License #35906 Listed on: 04/15/2019

RE/MAX Top Executives

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1439950

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1950

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Level Lot

Home Design

  • Cabin
  • Built-Up Roof
  • Wood Siding

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Outbuilding

Utilities

  • Propane
  • Shared Well
  • Septic System

Additional Features

  • Lake Views
  • Oven or Range
  • 1 Bathroom

Community Details

  • Spencer Lake Community

Listing and Financial Details

  • Assessor Parcel Number 221321490053

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room, Vaulted Ceilings
  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 1
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Estimated Sq Ft: 700
  • Square Footage Finished: 700

Exterior Features

  • Exterior: Wood
  • Roof: Built-Up
  • View: Lake
  • Waterfront: Bank-Low
  • Waterfront Frontage: 80

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Power Company: PUD3
  • Septic Approved for Number of Bedrooms: 1
  • Sewer: Septic
  • Water Heater: electric
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Spencer Lake

Schools

  • Elementary School: Pioneer Primary Sch
  • Middle School: Pioneer Intermed/Mid
  • High School: Shelton High
  • School District: PI

Lot Info

  • Lot Number: 3
  • Lot Details: Dead End Street
  • Lot Sq Ft: 37026
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 221321490053
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 2050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 14, 2019
Sold by
Nicklaus Arthur R and Nicklaus Arthur R
Bought by
Brisbane Curt S and Brisbane Rosita
Seller's Agent
Lori Brady
RE/MAX Top Executives
Buyer's Agent
Lori Brady
RE/MAX Top Executives
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Current Estimated Value
$331,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,087
Avg. Annual Appreciation
2.99%
Original Mortgage
$247,500
Outstanding Balance
$217,613
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$113,474
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
Brisbane Curt S $274,719 Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brisbane Curt S $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2019 06/25/19 Sold $275,000 -12.7% $393 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $315,000 -3.1% $450 / Sq Ft
04/15/2019 04/15/19 For Sale $325,000 -- $464 / 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 $1,653 $206,805 $146,405 $60,400
2023 $1,653 $222,375 $172,240 $50,135
2022 $2,246 $228,215 $172,240 $55,975
2021 $2,353 $228,215 $172,240 $55,975
2020 $2,319 $220,845 $172,240 $48,605
2018 $2,171 $190,060 $156,585 $33,475
2017 $1,791 $190,055 $156,580 $33,475
2016 $1,792 $161,660 $124,160 $37,500
2015 $1,606 $161,410 $124,160 $37,250
2014 -- $160,910 $124,160 $36,750
2013 -- $165,500 $128,000 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1439950

Northwest Multiple Listing Service (NWMLS)

APN: 22132-14-90053