NOT LISTED FOR SALE

540 E Mason Lake Dr E Grapeview, WA 98546

Estimated Value: $450,000 - $537,000

2 Beds
1 Bath
1,216 Sq Ft
$407/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $419,500 $345 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,984/month

15 Days on Market

Highlights

  • Waterfront Community
  • RV Access or Parking
  • Clubhouse
  • Community Boat Launch
  • Lake View
  • Deck

About This Home

As of November 2021

OPPORTUNITY KNOCKS! One of the largest back lots in the Paradise Community! This Mason Lake gem is located right across the street from Mason Lake and is within easy walking distance to the lake and private community boat launch, marina, swimming/fishing dock & park! Home would serve as a fantastic recreational property and/or full-time residence! Spend your summer days out boating on Mason Lake & your winter days enjoying the endless dirt-bike/quad trails. Huge tandem detached garage is deceiving at first glance. Garage is extra deep and fits 2 vehicles and a boat easily with extra shop space left over. Great shop equipped with 220 Power & set up with air compressor hoses. Additional RV parking available next to garage/shop.

Last Listed By

Chad Hauer

Keller Williams Rty Tacoma License #19004 Listed on: 10/14/2021

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1853345

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1977

Lot Details

  • Open Space
  • Level Lot
  • Value in Land

Property Views

  • Lake
  • Territorial
  • Limited

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Grapeview Elementary School

Utilities

  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 221085200052

Community Details

Overview

  • Mason Lake Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,905

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Effective Year Built: 1481
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Common Interest Community YN: Y
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Washer, K
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1216
  • Square Footage Finished: 1216
  • Total Square Footage: 1216

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Partial, Territorial

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, Insert
  • Power Company: PUD #3
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Paradise Shore Estates Water
  • Water Heater: Laundry Room-Electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 22
  • Community Name: Mason Lake
  • Project: Paradise
  • Community Features: Boat Launch, CCRs, Clubhouse, Community Waterfront/Pvt Beach, Tennis Courts, Park, Playground

Schools

  • Elementary School: Grapeview Elem
  • High School: North Mason Snr High
  • School District: GRP

Lot Info

  • Lot Details: Open Space, Value In Land
  • Lot Sq Ft: 14810
  • Lot Topography Vegetation: Level
  • Parcel Number: 221085200052
  • Lot Topography: Level

Tax Info

  • Year: 2021
  • Tax Amount: 2421

MLS Schools

  • Elementary School: Grapeview Elem
  • Senior High: North Mason Snr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 17, 2021
Sold by
Sorenson Ryan P
Bought by
Watson Matthew and Obrien Robyn
Seller's Agent
Chad Hauer
Keller Williams Rty Tacoma
Buyer's Agent
Stacey Kronquist
Coldwell Banker Danforth
List Price
$425,000
Sold Price
$419,500
Premium/Discount to List
-$5,500
-1.29%
Total Days on Market
15
Current Estimated Value
$494,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,038
Avg. Annual Appreciation
6.46%
Original Mortgage
$335,600
Outstanding Balance
$311,591
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$208,436

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
Watson Matthew $419,500 Aegis Land Title Group
Watson Matthew $419,500 Aegis Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Robyn $335,600
Closed Watson Matthew $335,600
Previous Owner Sorenson Ryan P $178,000
Previous Owner Sorenson Ryan P $170,000
Previous Owner Sorenson Ryan P $146,250
Previous Owner Sorenson Ryan P $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $419,500 -1.3% $345 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $425,000 -- $350 / 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 $2,905 $367,815 $99,455 $268,360
2023 $2,905 $323,585 $54,645 $268,940
2022 $2,748 $312,145 $66,975 $245,170
2021 $2,421 $312,145 $66,975 $245,170
2020 $1,891 $257,900 $57,735 $200,165
2018 $2,331 $199,125 $48,820 $150,305
2017 $2,154 $199,285 $48,980 $150,305
2016 $1,524 $191,700 $45,775 $145,925
2015 $1,540 $134,525 $33,750 $100,775
2014 -- $134,525 $33,750 $100,775
2013 -- $134,525 $33,750 $100,775
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1853345

Northwest Multiple Listing Service (NWMLS)

APN: 22108-52-00052