Listed by eXp Realty, Bought with Oak & Stone Realty Group LLC
NOT LISTED FOR SALE

35 Lost Lake Block: 1 S 43 165 Shelton, WA 98584

Estimated Value: $255,000 - $256,058

0.2 Acre
$1,252,593 Price per Acre
8,886 Sq Ft Lot

Last Sold November 07, 2022

Last sale price $237,000

Est. 8% increase in value since last sale

Current estimated payment $1,444/month

About This Lot

As of November 2022

Extremely rare opportunity to own gorgeous lakefront property in the coveted Lost Lake Community. Large lot nearly a quarter acre of paradise with 50 feet of waterfront. Waterfront feats staircase to low bank bulkhead with a spectacular beachfront area to lounge, BBQ, camp, sunbathe, toast the mallows, or just watch the stars. Waterfront also comes with storage sheds to stash your paddle boards, kayaks, fishing gear, and other belongings. The top side of the lot is nestled between the trees with a newly constructed camper covering. Make this your summer getaway or build your dream home. Lost lake is the best-kept secret around. Freshwater lake is open to full water sports, year-round fishing, and stocked with fish yearly.

Last Agent to Sell the Property

Brandon Stephens

eXp Realty License #113147 Listed on: 09/11/2022

eXp Realty

Last Buyer's Agent

Candace Juarez

Oak & Stone Realty Group LLC License #21003160

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1994823

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,070

Lot Details

  • 8,886 Sq Ft Lot
  • Low Bank Waterfront Property
  • 51 Feet of Waterfront
  • Sloped Lot

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Lake
  • Territorial

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 519015001035

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • Lost Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$1,070

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Partially Cleared,Recreational
  • Restrictions: CC&R
  • Improvements: Outbuilding(s)
  • Special Features: None

Interior Features

  • Possible Use: Residential, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Lake, Territorial
  • View: Yes
  • Waterfront Features: Bank-High, Bank-Low, Bulkhead
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Access Easement
  • Easements: Ingress/Egress/ Water Access
  • WaterfrontFootage: 50.6

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: See Remarks
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Road Maintenance, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance

Schools

  • Junior High Dist: Shelton

Lot Info

  • Parcel Number: 519015001035
  • Topography: Sloped
  • Lot Size Acres: 0.204
  • Lot Size Sq Ft: 8886
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax
  • ZoningJurisdiction: County
  • ZoningClass: Residential,See Remarks
  • LotNumber: 35

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2022
Closed on
Nov 3, 2022
Sold by
Stepp David M and Stepp Pamela R
Bought by
Steele Joshua G and Steele Janis L
Seller's Agent
Brandon Stephens
eXp Realty
Buyer's Agent
Candace Juarez
Oak & Stone Realty Group LLC
List Price
$250,000
Sold Price
$237,000
Premium/Discount to List
-$13,000
-5.2%
Views
1
Current Estimated Value
$255,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,529
Avg. Annual Appreciation
2.56%
Original Mortgage
$165,900
Outstanding Balance
$78,974
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$176,555

Purchase Details

Closed on
Aug 26, 2022
Sold by
Stepp David M and Stepp Pamela R
Bought by
Rae Kevin M and Harvey Kendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
Doyle Vernell M
Bought by
Stepp David M and Deshon Stepp Pamela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Vernell Doyle Revocable Trust
Bought by
Doyle Vernell

Purchase Details

Closed on
Jun 2, 2006
Sold by
Doyell Vernell
Bought by
Doyle Vernell and Vernell Doyle Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Steele Joshua G -- Aegis Land Title Group
Rae Kevin M $550,000 New Title Company Name
Stepp David M $420,000 Land Title Co
Doyle Vernell -- None Available
Doyle Vernell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Joshua G $165,900
Previous Owner Rae Kevin M $250,000
Previous Owner Stepp David M $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2022 11/07/22 Sold $237,000 -5.2% --
09/21/2022 09/21/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $250,000 -- --
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 $1,070 $104,380 $97,505 $6,875
2023 $1,070 $158,600 $158,600 $101,615
2022 $6,015 $521,530 $427,660 $93,870
2021 $6,362 $521,530 $427,660 $93,870
2020 $5,453 $506,170 $427,660 $78,510
2018 $6,341 $405,920 $346,500 $59,420
2017 $4,969 $405,920 $346,500 $59,420
2016 $4,688 $369,115 $319,000 $50,115
2015 $5,374 $351,760 $302,500 $49,260
2014 -- $397,135 $343,750 $53,385
2013 -- $339,810 $288,750 $51,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1994823

Northwest Multiple Listing Service (NWMLS)

APN: 5-19-01-50-01035