Listed by Riley Jackson Real Estate Inc., Bought with Better Properties N. Proctor
$138,000
SOLD SEP 5, 2024

261 E Budd Dr Shelton, WA 98584

2 Beds
1 Bath
648 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

23% Below List Price

276 Days on Market

Highlights

  • Community Boat Launch
  • Territorial View
  • 1 Car Detached Garage
  • Clubhouse
  • Engineered Wood Flooring
  • Community Playground

About This Home

As of September 2024

Great opportunity to fix up this cute A frame cabin with a 203K FHA REHAB loan with 3.5% down payment or replace with a new site built or manufactured home! See Supplements for information on 203K loans. Fully fenced lot has loads of potential with plenty of room for gardens and recreation. Timberlakes is 15 minutes from downtown Shelton and 30 minutes from Olympia, Timberlakes has several freshwater lakes which are perfect for boating, kayaking, canoeing, water skiing, paddle boarding, swimming and well stocked for your fishing pleasure! Cash buyers are preferred. Home is habitable but is in need of repairs and will only qualify for a rehab loan. Selling AS IS- seller will make no repairs.

Last Agent to Sell the Property

Cherie Allen

Riley Jackson Real Estate Inc. License #138650

Last Buyer's Agent

Debbie Black

Better Properties N. Proctor License #19140

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2154017

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1976

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x130
  • Property is Fully Fenced
  • Brush Vegetation
  • Garden
  • Zoning described as RR5

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cabin
  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 648 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Territorial Views
  • Stove

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • Timberlake Homeowners Association
  • Secondary HOA Phone (360) 427-8928
  • Timberlakes Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1976

Lot Details

0

HOA Fees

$22 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • Inclusions: Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: OneAndOneHalf
  • New Construction: No
  • CalculatedSquareFootage: 648
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2154017?w=Consumer&agent=126663
  • Special Features: None
  • Cumulative Days on Market: 503

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Vinyl
  • Interior Amenities: Fireplace
  • Living Area: 648
  • Main Level Bathrooms: 1
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 648
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Block
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD 3
  • SewerCompany: Private on site septic
  • WaterCompany: Timberlake Community Water

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Club House, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 260
  • Association Fee Frequency: Annually
  • Phone: 360-427-8928
  • Association: Yes
  • AssociationContactName: Timberlake Homeowners Association

Schools

  • Junior High Dist: Shelton

Lot Info

  • Parcel Number: 220175200065
  • Land Lease: No
  • Lot Size Acres: 0.21
  • Lot Size: 70x130
  • Lot Size Sq Ft: 9148
  • Zoning Description: RR5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1360

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Jul 16, 2024
Sold by
Gonzalez-Gomez Lucas and Sebastian Eulalia Juan
Bought by
Limber Susan Eleanor
Seller's Agent
Cherie Allen
Riley Jackson Real Estate Inc.
Buyer's Agent
Debbie Black
Better Properties N. Proctor
List Price
$180,000
Sold Price
$138,000
Premium/Discount to List
-$42,000
-23.33%
Total Days on Market
276
Views
1529
Current Estimated Value
$144,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,088
Avg. Annual Appreciation
-2.35%
Original Mortgage
$183,517
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2016
Sold by
Audette Steven P
Bought by
Gonzalez Gomez Lucas and Gonzalez Gomez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Map

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 Type Sale Price Title Company
Warranty Deed $138,000 Horizon Title Group
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $183,517 New Conventional
Previous Owner $15,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $138,000 -8.0% $213 / Sq Ft
05/26/2024 05/26/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $150,000 -16.7% $231 / Sq Ft
04/29/2024 04/29/24 For Sale $180,000 0.0% $278 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $180,000 0.0% $278 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $180,000 -12.2% $278 / Sq Ft
09/15/2023 09/15/23 Price Changed $204,900 -4.7% $316 / Sq Ft
08/24/2023 08/24/23 For Sale $214,900 -- $332 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $1,053 $138,015 $34,165 $103,850
2023 $1,053 $149,285 $27,930 $121,355
2022 $1,276 $127,625 $11,170 $116,455
2021 $1,198 $127,625 $11,170 $116,455
2020 $1,075 $110,800 $7,980 $102,820
2018 $789 $66,095 $9,500 $56,595
2017 $520 $66,095 $9,500 $56,595
2016 $521 $44,355 $9,000 $35,355
2015 $413 $44,355 $9,000 $35,355
2014 -- $38,550 $7,500 $31,050
2013 -- $40,550 $9,500 $31,050
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2154017

Northwest Multiple Listing Service (NWMLS)

APN: 22017-52-00065