Listed by Coldwell Banker Danforth, Bought with RE/MAX Top Executives
NOT LISTED FOR SALE

204 Laurel St Shelton, WA 98584

Estimated Value: $418,313 - $435,000

2 Beds
1 Bath
1,760 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $435,000 $247 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,554/month

91 Days on Market

Highlights

  • Home fronts a creek
  • No HOA
  • Vinyl Plank Flooring
  • Territorial View
  • Cul-De-Sac
  • Property is in very good condition

About This Home

As of March 2023

Buy this investmt property & live in one side/Rent 2nd Unit to help pay your mortgage. Newly Remodeled Duplex on a very large lot located next to cute little creek. New vinyl plank flooring & brand new carpet, new ceilings, new paint inside & out, new toilets & counters, New roof 2019 & gutters, new blinds & Curtains, newer LG microwave, New GE dishwasher, New lighting, windows & new doors. New paint inside & out. Both units have covered front and back porches. Newly Landscaped w/New privacy fence. Plenty of Room for gardening, etc. Only 2 blocks to Kobe Teriyaki, Located downtown, next to Shopping, bus line, & only 3 blocks to Hwy 3. Hwy 101 is also located nearby. Great location & rental history. 1031 Exchg. Previous buyer lost funding.

Last Agent to Sell the Property

Heidi Gilbert

Coldwell Banker Danforth License #25281 Listed on: 11/18/2022

Coldwell Banker Danforth

Co-Listed By

Jen Johnston

Coldwell Banker Danforth License #22005517

Last Buyer's Agent

Shelly Dunnington

RE/MAX Top Executives License #138992

RE/MAX Top Executives

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2017618

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Olympic Mid Middle School

Community Details

  • No Home Owners Association
  • Reeds Add/ Downtown Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 320185202001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,991

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Reeds Add/ Downtown
  • New Construction: No
  • CalculatedSquareFootage: 1760
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: See Remarks, Territorial
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PUD 3
  • SewerCompany: City of Shelton
  • WaterCompany: City of Shelton
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 2844

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 320185202001
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 5
  • LeasedItems: None
  • TotalMonthlyIncome: 2075

Multi Family

  • Gross Scheduled Income: 24900
  • Net Operating Income: 18085
  • Number Of Units Total: 2
  • Insurance Expense: 980
  • Leasable Area: 1760
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2991

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Mar 15, 2023
Sold by
Gilbert Michael P and Gilbert Heidi R
Bought by
Apaez-Mendiola Cesar E and Carretero Yazmin Aguilar
Seller's Agent
Heidi Gilbert
Coldwell Banker Danforth
Buyer's Agent
Shelly Dunnington
RE/MAX Top Executives
List Price
$429,000
Sold Price
$435,000
Premium/Discount to List
$6,000
1.4%
Views
42
Current Estimated Value
$424,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,672
Avg. Annual Appreciation
-0.97%
Original Mortgage
$427,121
Outstanding Balance
$414,163
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$10,165

Purchase Details

Closed on
Sep 27, 2017
Sold by
Boyle Weston and Boyle Amy
Bought by
Gilbert Michael P and Gilbert Heidi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,850
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Redman Christine C
Bought by
Boyle Weston and Boyle Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.74%
Mortgage Type
New Conventional
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
Apaez-Mendiola Cesar E -- Olympic Title
Gilbert Michael P $201,000 Land Title
Boyle Weston $78,320 Mason County Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apaez-Mendiola Cesar E $427,121
Previous Owner Gilbert Michael P $170,850
Previous Owner Boyle Weston $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $435,000 +1.4% $247 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $429,000 0.0% $244 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $429,000 -1.2% $244 / Sq Ft
01/21/2023 01/21/23 Price Changed $434,000 -1.1% $247 / Sq Ft
01/15/2023 01/15/23 Price Changed $439,000 -1.3% $249 / Sq Ft
12/19/2022 12/19/22 Price Changed $445,000 -1.1% $253 / Sq Ft
11/18/2022 11/18/22 For Sale $450,000 -- $256 / 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 $3,649 $376,070 $42,735 $333,335
2023 $3,649 $282,485 $35,970 $246,515
2022 $2,991 $239,220 $33,935 $205,285
2021 $2,906 $239,220 $33,935 $205,285
2020 $2,739 $214,325 $36,885 $177,440
2018 $2,701 $161,720 $51,000 $110,720
2017 $2,277 $161,720 $51,000 $110,720
2016 $2,239 $147,405 $51,000 $96,405
2015 $2,209 $147,405 $51,000 $96,405
2014 -- $143,450 $48,000 $95,450
2013 -- $141,405 $45,000 $96,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2017618

Northwest Multiple Listing Service (NWMLS)

APN: 32018-52-02001