Listed by Keller Williams West Sound, Bought with Windermere RE/Maple Valley
NOT LISTED FOR SALE

850 E Phillips Lake Loop Rd Shelton, WA 98584

Estimated Value: $524,000 - $624,934

2 Beds
1 Bath
900 Sq Ft
$640/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $600,000 $667 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,274/month

4 Days on Market

Highlights

  • 60 Feet of Waterfront
  • RV Access or Parking
  • Deck
  • Spa
  • Lake View
  • Wooded Lot

About This Home

As of May 2023

This 2BD Lakefront Home is perfect for summer & offers turnkey living, making it an excellent option for short-term rental income, a vacation home, or a be a local & live on the lake full-time. Featuring a new 40-year roof & gutters, fresh interior & exterior paint, Mini-split w/AC, hot tub, outdoor shower, low maintenance landscaping, a dock, & stunning views of Phillips Lake & the Olympic Mountains! Gorgeous remodeled kitchen perfect for entertaining, the river rock fireplace adds coziness on chilly nights, & beautiful hardwood floors throughout. Enjoy activities like boating, waterskiing, golf cart rides, & evening walks. This home is an excellent investment & a perfect place to call home w/its serene ambiance & vibrant lake community.

Last Agent to Sell the Property

Terri Hagen

Keller Williams West Sound License #134714 Listed on: 05/11/2023

Keller Williams West Sound

Last Buyer's Agent

Jacob Linde

Windermere RE/Maple Valley License #21022018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2059981

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 60'x210'
  • 60 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • West Facing Home
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Property is in good condition
  • Zoning described as RR5

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Flooring
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Spa Bath

Outdoor Features

  • Spa
  • Deck

Schools

  • Pioneer Primary Sch Elementary School
  • Pioneer Intermed/Mid Middle School
  • Shelton High School

Utilities

  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Phillips Lake Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 220055100012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,989

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1968
  • Inclusions: Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 900
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Hardwood, Ceiling Fan(s), Double Pane/Storm Window, Hot Tub/Spa, Water Heater
  • Living Area: 900
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 900
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Dirt Road
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 60

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PUD #3
  • SewerCompany: Septic Tank - New Intalled Aug/Sept 2023
  • WaterCompany: Well-Rebuilt and updated August 2023
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Hood Canal Communication
  • InternetConnected: Hood Canal Communication

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Pioneer #402
  • High School: Shelton High
  • Middle Or Junior School: Pioneer Intermed/Mid

Lot Info

  • Parcel Number: 220055100012
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.29
  • Lot Size: 60'x210'
  • Lot Size Sq Ft: 12632
  • Zoning Description: RR5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Hot Tub/Spa,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2989

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Pioneer Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
May 26, 2023
Sold by
Potts Kenneth J and Potts Jo M
Bought by
Griffin And Keely Meyers Living Trust
Seller's Agent
Terri Hagen
Keller Williams West Sound
Buyer's Agent
Jacob Linde
Windermere RE/Maple Valley
List Price
$525,000
Sold Price
$600,000
Premium/Discount to List
$75,000
14.29%
Views
75
Current Estimated Value
$575,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,266
Avg. Annual Appreciation
-1.69%

Purchase Details

Closed on
Aug 3, 2012
Sold by
Leon Russ
Bought by
Potts Kenneth J
Source: Public Records

Range of Values:

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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
Griffin And Keely Meyers Living Trust $600,000 Ticor Title
Potts Kenneth J $265,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $600,000 +14.3% $667 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $525,000 -- $583 / 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 $3,119 $449,540 $139,570 $309,970
2024 $3,119 $391,255 $139,570 $251,685
2023 $2,731 $303,030 $164,200 $138,830
2022 $3,040 $308,025 $164,200 $143,825
2021 $2,989 $308,025 $164,200 $143,825
2020 $2,694 $279,035 $164,200 $114,835
2018 $2,550 $217,090 $136,835 $80,255
2017 $2,352 $217,085 $136,830 $80,255
2016 $2,347 $206,035 $145,500 $60,535
2015 $2,115 $205,325 $145,500 $59,825
2014 -- $204,825 $145,500 $59,325
2013 -- $209,890 $150,000 $59,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2059981

Northwest Multiple Listing Service (NWMLS)

APN: 22005-51-00012