509 W B St Shelton, WA 98584
Estimated payment $2,086/month
About This Lot
Rare development and investment opportunity in the heart of Mason county! This parcel is 6.22 acres and zoned for six duplexes totaling 12 future units. Whether you want to just do the development phase and sell the project from there or take it from infrastructure to rental portfolio - you can't go wrong. Ideal location near shopping, schools & amenities all while being on a quiet street. Preliminary plat approval was issued 5/15/23 and is valid for 5 years - 2028. Developer will need to construct civil improvements and have them approved/accepted by the city to get the final plat issued. Selling for less than $65k/duplex making this a killer investment!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2453645
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,276
Lot Details
- 6.22 Acre Lot
- Sloped Lot
- Zoning described as Multi-Family
Additional Features
- Territorial Views
- Sewer in Street
Community Details
- No Home Owners Association
- Mountain View Subdivision
Listing and Financial Details
- Assessor Parcel Number 420241590064
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,044 | $116,705 | $116,705 | -- |
| 2023 | $1,044 | $98,235 | $98,235 | $0 |
| 2022 | $1,159 | $92,675 | $92,675 | $0 |
| 2021 | $1,366 | $92,675 | $92,675 | $0 |
| 2020 | $1,159 | $101,040 | $101,040 | $0 |
| 2018 | -- | $114,750 | $114,750 | $0 |
| 2017 | -- | $114,750 | $114,750 | $0 |
| 2016 | -- | $114,750 | $114,750 | $0 |
| 2015 | -- | $114,750 | $114,750 | $0 |
| 2014 | -- | $108,000 | $108,000 | $0 |
| 2013 | -- | $101,250 | $101,250 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $375,000 | +29.3% | -- | |
| 05/15/2020 05/15/20 | Sold | $290,000 | 0.0% | $232 / Sq Ft | View Prior Sale |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- | |
| 03/10/2020 03/10/20 | For Sale | $289,900 | -- | $232 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $230,000 | Aegis Land Title Group |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Seller Take Back |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2453645
APN: 42024-15-90064
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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