NOT LISTED FOR SALE

1640 E Island Lake Dr Shelton, WA 98584

Estimated Value: $611,000 - $892,561

3 Beds
1 Bath
2,555 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $460,000 $180 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,492/month

59 Days on Market

Highlights

  • Docks
  • Lake View
  • Northwest Architecture
  • RV Access or Parking
  • Deck
  • Wood Flooring

About This Home

As of September 2019

Opportunity awaits! Welcome to your little piece of Paradise on Island Lake. Peacefully enjoy your morning beverage on the deck looking south over Island Lake. 75 feet of waterfront with a large dock for your boat. Located within minutes of schools, shopping, hospital, and tons of amenities, yet feels like you are far from town. 3 bedrooms, with the potential for 4. Master suite on main with 2 bedrooms in daylight basement. Large living room on main, large family room in daylight basement.

Last Agent to Sell the Property

Terrance Meyer

Better Properties - Metro License #1127 Listed on: 06/06/2019

Better Properties - Metro

Last Buyer's Agent

Margaret Motl

M4 Real Estate Group License #27190

M4 Real Estate Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1468462

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,089

Year Built

  • Built in 1960

Lot Details

  • Level Lot
  • Property is zoned NR

Property Views

  • Lake
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Parking

  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Shared Well
  • Septic System
  • Cable TV Available

Community Details

  • Island Lake Community

Listing and Financial Details

  • Assessor Parcel Number 320065002043

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,089

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Jetted Tub
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2555
  • Square Footage Finished: 2555

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: Lake, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 75

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Power Company: Mason County PUD
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Shared well with Neighbor
  • Water Heater: Basement/Cellar-Electric
  • Water Source: Shared Well

Condo/Co-op/Association

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

Schools

  • School District: SHL

Lot Info

  • Lot Number: 43+42 1/2
  • Lot Details: Paved Street
  • Lot Dimensions: 75x512x58x36x475
  • Lot Sq Ft: 36155
  • Lot Topography Vegetation: Level, Partial Slope, Terraces
  • Parcel Number: 320065002043
  • Zoning Code: NR
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 3603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 27, 2019
Sold by
Adamson Richard C and Adamson Verlane J
Bought by
Klokkevold Mark W and Klokkevold Josie
Seller's Agent
Terrance Meyer
Better Properties - Metro
Buyer's Agent
Margaret Motl
M4 Real Estate Group
List Price
$550,000
Sold Price
$460,000
Premium/Discount to List
-$90,000
-16.36%
Current Estimated Value
$743,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,890
Avg. Annual Appreciation
8.12%
Original Mortgage
$368,000
Outstanding Balance
$323,650
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$420,240
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
Klokkevold Mark W $459,719 Mason County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klokkevold Mark W $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2019 09/03/19 Sold $460,000 -8.0% $180 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/26/2019 07/26/19 Price Changed $500,000 -9.1% $196 / Sq Ft
07/05/2019 07/05/19 For Sale $550,000 0.0% $215 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $550,000 -- $215 / 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 $7,089 $778,770 $192,000 $586,770
2023 $7,089 $523,800 $220,185 $303,615
2022 $4,447 $367,475 $133,440 $234,035
2021 $4,843 $367,475 $133,440 $234,035
2020 $4,173 $367,075 $148,270 $218,805
2018 $4,391 $273,745 $142,240 $131,505
2017 $3,603 $273,745 $142,240 $131,505
2016 $3,503 $248,835 $135,550 $113,285
2015 $3,513 $245,925 $135,550 $110,375
2014 -- $241,605 $132,200 $109,405
2013 -- $251,490 $125,510 $125,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1468462

Northwest Multiple Listing Service (NWMLS)

APN: 32006-50-02043