Listed by Westmoreland Properties, Bought with AgencyOne
NOT LISTED FOR SALE

900 E Phillips Lake Rd Unit A Shelton, WA 98584

Shelton Area

Estimated Value: $403,000 - $500,000

2 Beds
2 Baths
2,772 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2023

Last sale price $330,000 $119 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,828 / mo

5 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • High Speed Internet
  • No HOA
  • Open Space
  • Wood Siding

About This Home

As of August 2023

!Investor Special! 2 units total. Both leases are month to month with income of $2,200. 4 bedroom septic but both units live as 3 bedrooms. Rents have not been raised since prior to 2019. With minor improvements market rents would be closer to $1600 per unit. Both units include garage, stove, fridge. Unit B includes dishwasher and washer/dryer. Priced for a competitive cap rate as a passive investment or bring your work boots to unlock unrealized value. Same seller offering 2 more duplexes close by at MLS#2101894

Last Agent to Sell the Property

Jensen Westmoreland

Westmoreland Properties License #112583 Listed on: 06/09/2023

Last Buyer's Agent

Rudranil Manna

AgencyOne License #22024506

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2125154

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,193

Year Built

  • Built in 1995

Lot Details

  • 14,810 Sq Ft Lot
  • Open Space
  • Cul-De-Sac

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,772 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert

Parking

  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Shelton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 221325100001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,193

Year Built

Built in 1995

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 2772
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Open Space
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Insert
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Shelton

Lot Info

  • Parcel Number: 221325100001
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3193

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 10, 2023
Sold by
Bought by
Seller's Agent
Jensen Westmoreland
Westmoreland Properties
Buyer's Agent
Rudranil Manna
AgencyOne
List Price
$330,000
Sold Price
$330,000
Views
41
Current Estimated Value
$471,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,264
Avg. Annual Appreciation
12.75%
Original Mortgage
$281,241
Interest Rate
0.0671%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
0.0687%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Pacific Northwest Title
$157,000 Mason County Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Closed $281,241
Closed $281,241
Previous Owner $400,000
Previous Owner $89,000
Previous Owner $125,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $330,000 0.0% $119 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $330,000 -- $119 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,114 $442,085 $45,470 $396,615
2025 $2,929 $396,960 $36,460 $360,500
2023 $2,929 $356,540 $32,350 $324,190
2022 $3,221 $337,640 $42,570 $295,070
2021 $3,193 $337,640 $42,570 $295,070
2020 $2,855 $307,950 $42,215 $265,735
2018 $2,552 $225,315 $35,180 $190,135
2017 $2,059 $225,315 $35,180 $190,135
2016 $2,029 $187,710 $14,550 $173,160
2015 $1,819 $184,645 $14,550 $170,095
2014 -- $184,245 $14,550 $169,695
2013 -- $188,160 $15,000 $173,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2125154

Northwest Multiple Listing Service (NWMLS)

APN: 22132-51-00001

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