NOT LISTED FOR SALE

511 SE Channel Point Rd Shelton, WA 98584

Estimated Value: $299,000 - $476,000

2 Beds
1 Bath
1,500 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $210,000 $140 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,206/month

657 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Siding
  • Cabin
  • Brush Vegetation

About This Home

As of May 2021

Bring your tools and imagination. This is located on Oakland Bay, just south of Shelton. 65 feet of waterfront with stairs to the water. Fix it up or tear down and re build. Seller would be willing to tear down with significant offer. Completely gutted, ready to re-do. No appliances. Check it out. Septic and community water system. Sold AS IS. Make an offer.

Last Agent to Sell the Property

Linda Hoff

John L. Scott SHL Listed on: 07/11/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1488912

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1980

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Brush Vegetation
  • Value in Land
  • Property is zoned county

Home Design

  • Cabin
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Additional Features

  • Bay Views
  • 1 Bathroom
  • Septic System

Community Details

  • Arcadia Community

Listing and Financial Details

  • Assessor Parcel Number 320255100007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,861

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Loft, Vaulted Ceilings
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1500
  • Square Footage Unfinished: 1500

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Bay
  • Waterfront: Bank-High, Bay, Saltwater
  • Waterfront Frontage: 65

Utilities

  • Power Company: PUD#3
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Arcadia
  • Project: Channel Point

Schools

  • School District: SHL

Lot Info

  • Lot Number: tr7&1/18 int in tr2&1oftr14
  • Lot Details: Dead End Street, Paved Street, Value In Land
  • Lot Sq Ft: 9583
  • Lot Topography Vegetation: Brush
  • Parcel Number: 320255100007
  • Zoning Code: county
  • Zoning Jurisdiction: County
  • Lot Topography: Brush

Tax Info

  • Tax Amount: 1503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
May 6, 2021
Sold by
Lanphear Marc R and Lanphear Kari M
Bought by
Sg1 Llc
Seller's Agent
Linda Hoff
John L. Scott SHL
List Price
$239,500
Sold Price
$210,000
Premium/Discount to List
-$29,500
-12.32%
Total Days on Market
657
Current Estimated Value
$371,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,339
Avg. Annual Appreciation
11.59%
Original Mortgage
$139,154
Outstanding Balance
$127,704
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,246

Purchase Details

Closed on
Dec 4, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lanphear Marc R and Lanphear Kari M

Purchase Details

Closed on
Aug 31, 2009
Sold by
Miklethun Darrell J
Bought by
Federal Home Loan Mortgage Corporation
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
Sg1 Llc $210,000 Aegis Land Title Group
Sg1 Llc $210,000 Aegis Land Title Group
Lanphear Marc R -- First American Title
Federal Home Loan Mortgage Corporation $256,964 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sg1 Llc $139,154
Closed Sg1 Llc $139,154
Previous Owner Miklethun Darrell J $50,000
Previous Owner Miklethun Darrell J $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $210,000 -12.3% $140 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $239,500 0.0% $160 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
06/23/2020 06/23/20 For Sale $239,500 0.0% $160 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
07/11/2019 07/11/19 For Sale $239,500 -- $160 / 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 $1,861 $234,135 $196,875 $37,260
2023 $1,861 $177,410 $135,250 $42,160
2022 $1,679 $159,570 $124,080 $35,490
2021 $1,946 $159,570 $124,080 $35,490
2020 $1,995 $168,620 $134,870 $33,750
2018 $1,805 $134,880 $110,500 $24,380
2017 $1,775 $134,880 $110,500 $24,380
2016 $1,857 $133,045 $110,500 $22,545
2015 $1,759 $143,540 $120,250 $23,290
2014 -- $132,535 $110,500 $22,035
2013 -- $137,190 $113,750 $23,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1488912

Northwest Multiple Listing Service (NWMLS)

APN: 32025-51-00007