NOT LISTED FOR SALE

720 E Phillips Lake Loop Rd Shelton, WA 98584

Estimated Value: $603,000 - $722,000

2 Beds
2 Baths
1,016 Sq Ft
$641/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $625,000 $615 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,902/month

2 Days on Market

Highlights

  • Boathouse
  • Docks
  • Lake View
  • Low Bank Waterfront Property
  • Community Boat Launch
  • Deck

About This Home

As of October 2023

Rare opportunity to own this custom-built home nestled on the shores of Phillips Lake. This charming cabin offers the perfect blend of rustic charm and tranquility with nature. With breathtaking water views and direct access to the lake for swimming, boating, and fishing. Inside you will be greeted by an expansive wall of windows that allow the natural light to flood in, bringing the outdoors inside. Along with an open concept living design this cabin boasts two comfortable bedrooms, a soaking tub, 2 outdoor decks, a boat dock, storage shed, tree house and a unique gypsy wagon sauna/studio. Whether you're seeking a weekend getaway or a year-round residence, this lakeside retreat has it all. Welcome to your own piece of paradise!

Last Agent to Sell the Property

Gina Galando

Better Properties Kent LLC License #122801 Listed on: 09/20/2023

Better Properties Kent LLC

Co-Listed By

Calvin Gligorea

Better Properties Kent LLC License #32506

Last Buyer's Agent

Dawn Cundy

RE/MAX Northwest License #47111

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2161177

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 2000

Lot Details

  • 0.36 Acre Lot
  • Low Bank Waterfront Property
  • 63 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Brush Vegetation
  • Sloped Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • Driveway

Property Views

  • Lake
  • Territorial

Home Design

  • Cabin
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Agate Subdivision

Recreation

  • Community Boat Launch
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,581

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 2000
  • Inclusions: Dishwasher,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1016
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2161177?w=Consumer&agent=106827
  • Special Features: None
  • Cumulative Days on Market: 611

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Vaulted Ceiling(s), Water Heater
  • Living Area: 1016
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 1016
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Dirt Road
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 63'

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD 3
  • SewerCompany: Septic System
  • WaterCompany: Individual Well
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Propane

Condo/Co-op/Association

  • Community Features: Boat Launch, Park
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Pioneer #402
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 220055100002
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15682
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Deck,Dock,Outbuildings,Propane
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: County Records

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3581

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Labourr Jenna and Ham Young-Ji
Bought by
Wil Winning Rentals Llc
Total Days on Market
2
Current Estimated Value
$651,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 13, 2023
Sold by
Lamberson Luke and Lamberson Jenna M
Bought by
Labourr Jenna M
Seller's Agent
Gina Galando
Better Properties Kent LLC
Buyer's Agent
Dawn Cundy
RE/MAX Northwest
List Price
$595,000
Sold Price
$625,000
Premium/Discount to List
$30,000
5.04%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$625,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 12, 2023
Sold by
Andrews Frederick L and Andrews Vicki
Bought by
Ham As Young-Ji
Seller's Agent
Gina Galando
Better Properties Kent LLC
Buyer's Agent
Dawn Cundy
RE/MAX Northwest
List Price
$595,000
Sold Price
$625,000
Premium/Discount to List
$30,000
5.04%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2018
Sold by
Andrews Frederick L
Bought by
Andrews Frederick L
Source: Public Records

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Range of Values:

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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
Wil Winning Rentals Llc -- None Listed On Document
Labourr Jenna M -- Stewart Title
Ham Young-Ji -- Stewart Title
Ham As Young-Ji $625,000 Stewart Title
Andrews Frederick L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ham Young-Ji $472,500
Previous Owner Ham Young-Ji $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $625,000 +5.0% $615 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $595,000 -- $586 / 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 $3,167 $495,250 $139,570 $355,680
2024 $3,167 $397,280 $139,570 $257,710
2023 $3,581 $398,320 $164,200 $234,120
2022 $3,854 $391,370 $164,200 $227,170
2021 $3,681 $391,370 $164,200 $227,170
2020 $3,328 $344,025 $164,200 $179,825
2018 $3,084 $262,870 $136,835 $126,035
2017 $2,856 $262,865 $136,830 $126,035
2016 $2,842 $250,565 $145,500 $105,065
2015 $2,562 $248,965 $145,500 $103,465
2014 -- $248,465 $145,500 $102,965
2013 -- $255,065 $150,000 $105,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2161177

Northwest Multiple Listing Service (NWMLS)

APN: 22005-51-00002