Listed by RE/MAX Top Executives, Bought with COMPASS
NOT LISTED FOR SALE

2700 E Phillips Lake Loop Rd Shelton, WA 98584

Estimated Value: $467,000 - $531,000

2 Beds
1 Bath
624 Sq Ft
$789/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $330,000 $529 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,796/month

57 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Community Boat Launch
  • Deck
  • Docks
  • Lake View
  • Wooded Lot

About This Home

As of July 2020

Extremely unique lake front property! Here's your chance to enjoy a fantastic lake front retreat with the HUGE added bonus of 2 additional lots directly across the street offering endless opportunities. Extremely popular Phillips Lake is perfect for water skiing, jet skis, fishing and more. This cozy home puts you right on the lake with a large dock, sprawling decks and big lake view from the master bedroom. Even a detached 2 car garage, it's everything you want from a lake front property!

Last Agent to Sell the Property

Susan Garrick

RE/MAX Top Executives License #103274 Listed on: 04/16/2020

RE/MAX Top Executives

Co-Listed By

Tay Krull

Berkshire Hathaway HS NW License #25263

Last Buyer's Agent

Megan Wiese

COMPASS License #140541

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1590518

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1963

Lot Details

  • 0.33 Acre Lot
  • 62 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Outbuilding

Schools

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

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 220055200048

Community Details

Overview

  • Phillips Lake Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,453

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1963
  • Inclusions: Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 624
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Ceiling Fan(s), Skylight(s), Water Heater
  • Living Area: 624
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 624
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dryer,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Structure Type: House
  • WaterfrontFootage: 62

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Septic System, Wood
  • PowerCompany: PUD 3
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Boat Launch

Schools

  • Junior High Dist: Pioneer #402
  • High School: Shelton High
  • Middle Or Junior School: Pioneer Intermed/Mid

Lot Info

  • Parcel Number: 220055200048
  • Topography: Level,Sloped
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Outbuildings
  • MLSLotSizeSource: county
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2453

MLS Schools

  • Elementary School: Pioneer Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jun 30, 2020
Sold by
Krull Tay C and Estate Of Karl Krull
Bought by
Wiese Marc and Wiese Megan
Seller's Agent
Susan Garrick
RE/MAX Top Executives
Buyer's Agent
Megan Wiese
COMPASS
List Price
$324,900
Sold Price
$330,000
Premium/Discount to List
$5,100
1.57%
Current Estimated Value
$492,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,188
Avg. Annual Appreciation
7.64%
Original Mortgage
$264,000
Outstanding Balance
$234,532
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$257,656
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wiese Marc $330,000 Mason County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiese Marc $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $330,000 +1.6% $529 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $324,900 0.0% $521 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $324,900 -- $521 / 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 $2,480 $344,660 $140,900 $203,760
2023 $2,480 $269,325 $165,765 $103,560
2022 $2,705 $273,830 $165,765 $108,065
2021 $2,707 $273,830 $165,765 $108,065
2020 $2,453 $252,545 $165,765 $86,780
2018 $2,350 $199,915 $138,140 $61,775
2017 $2,420 $199,915 $138,140 $61,775
2016 $2,415 $212,110 $150,350 $61,760
2015 $2,177 $211,375 $150,350 $61,025
2014 -- $210,875 $150,350 $60,525
2013 -- $216,760 $155,000 $61,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1590518

Northwest Multiple Listing Service (NWMLS)

APN: 22005-52-00048