NOT LISTED FOR SALE

5500 E Mason Lake Dr W Grapeview, WA 98546

Estimated Value: $704,956 - $881,000

0.45 Acre
$1,812,198 Price per Acre
19,602 Sq Ft Lot

Last Sold May 26, 2016

Last sale price $215,000

Est. 279% increase in value since last sale

Current estimated payment $4,827/month

16 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Community Boat Launch
  • Lake View

About This Lot

As of May 2016

Amazing Mason Lake waterfront. Site has newer Glendon Septic system installed and approved for three bedroom home. Private well and underground utilities are ready for your dream home. Come sit on the dock and watch the boats go by. Enjoy all Mason Lake has to offer. Located near the boat launch for easy access. Small bunk house already on site.

Last Listed By

Angela Barnes

RE/MAX Top Executives License #23705 Listed on: 04/11/2016

RE/MAX Top Executives

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM923528

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,670

Year Built

  • 2022

Lot Details

  • Low Bank Waterfront Property
  • Sloped Lot

Property Views

  • Lake Views

Listing and Financial Details

  • Assessor Parcel Number 222335100098

Community Details

Overview

  • Mason Lake Community

Recreation

  • Community Boat Launch

Property Details

Property Type

Land

Est. Annual Taxes

$3,670

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Interior Features

  • Approved Number of Bedrooms: 3
  • Level: Level

Exterior Features

  • Road Information: Paved
  • View: Lake
  • Waterfront: Bank-Low, Lake, No Bank
  • Waterfront Frontage: 59ft

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Septic System Installed: Y
  • Sewer: On Property
  • Water: Drilled Well

Condo/Co-op/Association

  • Community Name: Mason Lake
  • Project: Madings Sunny Shore A
  • Community Features: Boat Launch

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: GRP

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Dock, Outbuilding(s)
  • Lot Details: Paved Street
  • Lot Sq Ft: 19490
  • Parcel Number: 222335100098
  • Topography: Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 2268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 17, 2016
Sold by
Merz Donald R and Merz Lisa J
Bought by
Olson Charles C
Seller's Agent
Angela Barnes
RE/MAX Top Executives
Buyer's Agent
Angela Barnes
RE/MAX Top Executives
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Total Days on Market
16
Current Estimated Value
$815,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,489
Avg. Annual Appreciation
15.54%

Range of Values:

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Average Value
Not Available
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
Olson Charles C $215,000 Mason County Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $215,000 -4.4% --
04/27/2016 04/27/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $225,000 -- --
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 $3,670 $524,470 $226,645 $297,825
2023 $3,670 $325,045 $215,855 $109,190
2022 $2,135 $241,825 $223,825 $18,000
2021 $2,583 $241,825 $223,825 $18,000
2020 $2,282 $275,270 $257,270 $18,000
2018 $2,517 $215,250 $196,710 $18,540
2017 $2,267 $215,250 $196,710 $18,540
2016 $2,268 $201,840 $183,840 $18,000
2015 $2,293 $201,075 $170,575 $30,500
2014 -- $201,075 $170,575 $30,500
2013 -- $201,075 $170,575 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM923528

Northwest Multiple Listing Service (NWMLS)

APN: 22233-51-00098