Listed by RE/MAX Top Executives, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

720 E Island Lake Dr Shelton, WA 98584

Estimated Value: $435,000 - $980,745

2 Beds
1 Bath
1,316 Sq Ft
$526/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $330,000 $251 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,131/month

133 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Community Boat Launch
  • Lake View
  • Docks
  • RV Access or Parking
  • Deck

About This Home

As of August 2016

Amazing waterfront home on Island Lake. What a great location to everything. This home sits on 50 ft of waterfront with your own private dock. Home features 2bd, 2 bth with great views through out the house. Open concept with a large kitchen and propane fireplace, large deck with fire pit and only steps away from the water. Detached 24X38 garage is heated and finished with extra rooms. Beautiful low maintenance landscaped yard with sprinkler system and RV parking.

Last Agent to Sell the Property

Angela Barnes

RE/MAX Top Executives License #23705 Listed on: 03/14/2016

RE/MAX Top Executives

Last Buyer's Agent

Shelley Morritt Gran

John L. Scott, Inc. License #85338

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM908897

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 1950

Lot Details

  • Low Bank Waterfront Property
  • Sloped Lot
  • Sprinkler System
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 320065003008

Community Details

Overview

  • Island Lake Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,002

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, High Tech Cabling, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1316
  • Square Footage Finished: 1316

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Lake, No Bank
  • Waterfront Frontage: 50 Ft

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Wall
  • Power Company: PUD 3
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Island Lake
  • Community Features: Boat Launch

Schools

  • School District: SHL

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 19166
  • Lot Topography Vegetation: Garden Space, Sloped
  • Parcel Number: 320065003008
  • Lot Topography: Garden Space, Sloped

Tax Info

  • Tax Amount: 3555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Aug 12, 2016
Sold by
Tobaison Eric J
Bought by
Anderson Paul T and Anderson Debbie M
Seller's Agent
Angela Barnes
RE/MAX Top Executives
Buyer's Agent
Shelley Morritt Gran
John L. Scott, Inc.
List Price
$336,000
Sold Price
$330,000
Premium/Discount to List
-$6,000
-1.79%
Current Estimated Value
$692,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,436
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Sep 17, 2009
Sold by
Willet Donald and Willet Dorothy
Bought by
Tobiason John E

Purchase Details

Closed on
May 5, 2005
Sold by
Sandridge Donald W and Sandridge Katherine K
Bought by
Willet Donald D and Willet Dorothy O N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Anderson Paul T $330,000 Mason County Title Co
Tobiason John E $360,000 Land Title Co
Willet Donald D $269,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willet Donald D $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $330,000 -1.8% $251 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $336,000 0.0% $255 / Sq Ft
07/21/2016 07/21/16 For Sale $336,000 +1.8% $255 / Sq Ft
07/16/2016 07/16/16 Off Market $330,000 -- --
06/30/2016 06/30/16 Price Changed $349,999 -2.8% $266 / Sq Ft
03/14/2016 03/14/16 For Sale $360,000 -- $274 / 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 $6,002 $693,360 $186,880 $506,480
2023 $6,002 $467,820 $214,310 $253,510
2022 $4,185 $345,820 $129,880 $215,940
2021 $4,564 $345,820 $129,880 $215,940
2020 $4,157 $345,905 $144,315 $201,590
2018 $4,350 $271,185 $126,440 $144,745
2017 $3,551 $271,185 $126,440 $144,745
2016 $3,541 $245,235 $120,490 $124,745
2015 $3,555 $248,620 $120,490 $128,130
2014 -- $244,495 $117,515 $126,980
2013 -- $238,545 $111,565 $126,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM908897

Northwest Multiple Listing Service (NWMLS)

APN: 32006-50-03008