Listed by RE/MAX Advantage, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

1773 Stewart St Unit 1777 Shelton, WA 98584

Estimated Value: $380,000 - $471,000

2 Beds
1 Bath
2,520 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $55,000 $22 Per Sq Ft

Est. 674% increase in value since last sale

Current estimated payment $2,571/month

5 Days on Market

About This Home

As of March 2016

Great investor opportunity for this Shelton duplex. This property had a fire a few years ago and has been vacant since. Each unit has three bedrooms, utility rooms, and large living space. Bring your imagination and turn it into an income producing property again. Maybe live in one side and rent out the other unit. Lots of options. The back area has plenty of off street parking and a two car garage/shop. Current owner started the cleanup but not completed. Large yard for outdoor living space.

Last Agent to Sell the Property

Terry Mahlum

RE/MAX Advantage License #18905 Listed on: 02/12/2016

RE/MAX Advantage

Last Buyer's Agent

Wesley Neal

Abbey Realty Inc License #33977

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 895402

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.33 Acre Lot

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Arcadia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 320295201013

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1945
  • Buyer Agency Compensation: 4
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2520
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal, See Remarks
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PUD 3
  • SewerCompany: Septic
  • WaterCompany: City of Shelton
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Shelton
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 320295201013
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Shop
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2268

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2000
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Feb 23, 2016
Sold by
Csn Investments Llc
Bought by
S & T Time Llc
Seller's Agent
Terry Mahlum
RE/MAX Advantage
Buyer's Agent
Wesley Neal
Abbey Realty Inc
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$425,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,890
Avg. Annual Appreciation
23.76%
Original Mortgage
$56,100
Outstanding Balance
$44,678
Interest Rate
3.92%
Mortgage Type
Unknown
Estimated Equity
$381,212

Purchase Details

Closed on
Jul 16, 2012
Sold by
Canopus Inv2 Llc
Bought by
Cns Investments Llc

Purchase Details

Closed on
Dec 27, 2007
Sold by
Canopus Inv2 Llc
Bought by
Woodward Robert L and Woodward Amanda E

Purchase Details

Closed on
Aug 24, 2006
Sold by
Johnson Jeanne
Bought by
Zick Norma
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
S & T Time Llc $55,000 First American Title
Cns Investments Llc $402,808,988 None Available
Woodward Robert L -- Mason County Title Ins Co
Zick Norma -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & T Time Llc $56,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $55,000 -8.2% $22 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $59,900 -- $24 / 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 $3,754 $392,915 $49,470 $343,445
2023 $3,754 $302,030 $44,030 $258,000
2022 $3,108 $270,715 $35,795 $234,920
2021 $3,021 $270,715 $35,795 $234,920
2020 $2,809 $239,185 $27,535 $211,650
2018 $3,009 $191,190 $47,300 $143,890
2017 $773 $191,190 $47,300 $143,890
2016 $870 $54,210 $41,800 $12,410
2015 $1,202 $61,510 $41,800 $19,710
2014 -- $86,170 $37,400 $48,770
2013 -- $133,915 $41,250 $92,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 895402

Northwest Multiple Listing Service (NWMLS)

APN: 32029-52-01013