Listed by Keller Williams South Sound, Bought with Emerald Real Estate Group Inc.
NOT LISTED FOR SALE

40 E Prairie Ct Shelton, WA 98584

Estimated Value: $401,000 - $434,175

4 Beds
4 Baths
1,808 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 11, 2019

Last sale price $243,000 $134 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,488/month

7 Days on Market

Highlights

  • Deck
  • Patio
  • Wood Siding
  • Cul-De-Sac
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of April 2019

Opportunity for investor or savvy homebuyer. Townhouse duplex with garages and fully fenced yard. 2 bed/1.5 bath units have successful rental history. Units have received continual upgrading. Single car, finished garages with upper/lower decks on each unit. Large lot with community ownership in well and large tract across the street. All appliances included. Excellent off street location. Solid return on investment or live in one side and enjoy the rental income from your neighbors.

Last Agent to Sell the Property

Cindy Gonzalez

Keller Williams South Sound License #135380 Listed on: 02/11/2019

Keller Williams South Sound

Last Buyer's Agent

Jesse Stover

Emerald Real Estate Group Inc. License #24033633

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1408542

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Mountain View Elementary School
  • Oakland Bay Jr High Middle School
  • Shelton High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Johns Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 320075200001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,611

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1808
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PUD 3
  • SewerCompany: Septic
  • WaterCompany: Community
  • WaterSewerGarbage: 120

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Shelton
  • High School: Shelton High
  • Middle Or Junior School: Oakland Bay Jr HS

Lot Info

  • Parcel Number: 320075200001
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 1000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 17504
  • Number Of Units Total: 6
  • Insurance Expense: 3285
  • Leasable Area: 1808
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2611

MLS Schools

  • Elementary School: Mountain View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 8, 2019
Sold by
Zehm Kirstie
Bought by
Nordquist Miriam C
Seller's Agent
Cindy Gonzalez
Keller Williams South Sound
Buyer's Agent
Jesse Stover
Emerald Real Estate Group Inc.
List Price
$249,000
Sold Price
$243,000
Premium/Discount to List
-$6,000
-2.41%
Current Estimated Value
$420,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,544
Avg. Annual Appreciation
8.75%
Original Mortgage
$182,250
Outstanding Balance
$160,230
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$260,314

Purchase Details

Closed on
Jul 7, 2016
Sold by
Moore Robin A and Boardman Irrevocable Living Trust
Bought by
Zehm Kirstie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,459
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2016
Sold by
Moore Robin A
Bought by
Moore Robin A and David R Boardman Irrevocable Living Trus
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
Nordquist Miriam C $242,719 Olympic Title And Escrow
Zehm Kirstie -- --
Zehm Kirstie -- --
Moore Robin A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordquist Miriam C $182,250
Previous Owner Zehm Kirstie $186,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2019 04/11/19 Sold $243,000 -2.4% $134 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $249,000 -- $138 / 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 $3,180 $321,845 $53,470 $268,375
2023 $3,180 $288,765 $37,735 $251,030
2022 $2,928 $246,480 $22,870 $223,610
2021 $3,052 $246,480 $22,870 $223,610
2020 $2,625 $235,440 $25,410 $210,030
2018 $3,259 $206,565 $47,600 $158,965
2017 $2,604 $206,565 $47,600 $158,965
2016 $2,483 $182,275 $45,360 $136,915
2015 $2,506 $178,775 $45,360 $133,415
2014 -- $176,490 $44,240 $132,250
2013 -- $170,240 $42,000 $128,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1408542

Northwest Multiple Listing Service (NWMLS)

APN: 32007-52-00001