Listed by Better Properties Gig Harbor, Bought with Wilcox Real Estate
NOT LISTED FOR SALE

501 E Leeds Dr Shelton, WA 98584

Estimated Value: $703,000 - $1,168,819

3 Beds
1 Bath
1,440 Sq Ft
$662/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $655,000 $455 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,789/month

22 Days on Market

Highlights

  • Low Bank Waterfront Property
  • RV Access or Parking
  • Deck
  • Views of a Sound
  • Fruit Trees
  • Secluded Lot

About This Home

As of September 2018

This is the Legacy property you have been looking for! Location!! Lower bank, 325' +/- Salt Waterfront, 5 acres, includes tideland parcel, with an 1891 restored Farmhouse. Views from most every room, 3 bedrooms, Master on the main, 2 bathrooms. Updated electrical, Foundation, and 4 bedroom septic, possible expansion. 2 Outbuildings, bulkhead, well. Parking for most anything. Fruit trees, grapes, shellfish and more. Incredible views of Saltwater, and Mt. Rainier. Perfect exposure, sunshine!

Last Agent to Sell the Property

Sandy Flett

Better Properties Gig Harbor License #104545 Listed on: 07/14/2018

Better Properties Gig Harbor

Last Buyer's Agent

Kathie Sharp

Wilcox Real Estate License #110548

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1328763

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,856

Year Built

  • Built in 1891

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Open Space
  • Dog Run
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Drought Tolerant Landscaping

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Traditional Architecture
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Deck
  • Outbuilding

Utilities

  • Private Water Source
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Agate Community

Listing and Financial Details

  • Assessor Parcel Number 320221490121

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,856

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1891
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1440
  • Square Footage Finished: 1440

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Poured Concrete
  • Roof: Composition
  • View: Bay, Sound
  • Waterfront: Bank-Low, Bay, Bulkhead, Saltwater, Tideland Rights
  • Waterfront Frontage: 325' +/-

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PUD#3
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Heater: Basement-Electric
  • Water Source: Private

Condo/Co-op/Association

  • Community Name: Agate

Schools

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

Lot Info

  • Lot Number: 1
  • Lot Details: Drought Res Landscpe, Open Space, Paved Street, Secluded
  • Lot Sq Ft: 218671
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 320221490121
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 3822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2018
Closed on
Aug 22, 2018
Sold by
Callan Kevin H and Callan Jody A
Bought by
Melseaux Michel and Melseaux Richelle M
Seller's Agent
Sandy Flett
Better Properties Gig Harbor
Buyer's Agent
Kathie Sharp
Wilcox Real Estate
List Price
$725,000
Sold Price
$655,000
Premium/Discount to List
-$70,000
-9.66%
Current Estimated Value
$952,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,705
Avg. Annual Appreciation
5.43%
Original Mortgage
$453,100
Outstanding Balance
$393,499
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$559,206

Purchase Details

Listed on
Feb 13, 2013
Closed on
Sep 6, 2013
Sold by
Wright Roxanne
Bought by
Callan Kevin H and Callan Jody A
Seller's Agent
George Graham
John L. Scott, Inc
Buyer's Agent
Sandy Flett
Better Properties Gig Harbor
List Price
$319,650
Sold Price
$325,000
Premium/Discount to List
$5,350
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
May 14, 2010
Sold by
Paulson Richard H and Wright Roxanne
Bought by
Paulson Richard and Paulson Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
5.21%
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
Melseaux Michel $655,000 Mason County Title Company
Callan Kevin H $325,000 First American Title
Paulson Richard -- Mason County Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melseaux Michel $453,100
Previous Owner Paulson Richard $349,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $655,000 -3.0% $455 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $675,000 -6.9% $469 / Sq Ft
07/14/2018 07/14/18 For Sale $725,000 +123.1% $503 / Sq Ft
09/12/2013 09/12/13 Sold $325,000 +1.7% $226 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $319,650 -- $222 / 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 $8,856 $1,119,965 $496,590 $623,375
2023 $8,856 $839,310 $200,585 $638,725
2022 $7,660 $780,675 $167,155 $613,520
2021 $5,594 $780,675 $167,155 $613,520
2020 $6,912 $523,780 $232,160 $291,620
2018 $3,821 $326,110 $263,820 $62,290
2017 $5,491 $326,110 $263,820 $62,290
2016 $5,212 $483,170 $418,145 $65,025
2015 $3,946 $457,975 $396,135 $61,840
2014 -- $383,580 $330,115 $53,465
2013 -- $405,585 $352,120 $53,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1328763

Northwest Multiple Listing Service (NWMLS)

APN: 32022-14-90121