NOT LISTED FOR SALE

904 E Phillips Lake Rd Unit A & B Shelton, WA 98584

Estimated Value: $423,000 - $492,186

2 Beds
4 Baths
2,772 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $230,345 $83 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,740/month

1 Day on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Wood Siding
  • Deck
  • Cul-De-Sac
  • Wall to Wall Carpet

About This Home

As of May 2018

Great duplex near the Phillips lake boat launch. Three bed and 2 bath with 1386 square feet in both units with garage. Don't miss this great investment, you wont see many investment opportunities with this return.

Sara Peterson

Van Dorm Realty, Inc License #91523 Listed on: 04/25/2018

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1280274

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1995

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,772 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Phillips Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 221325100002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,059

Year Built

Built in 1995

Lot Details

0

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
  • CalculatedSquareFootage: 2772
  • Special Features: None
  • Cumulative Days on Market: 288

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PUD 3
  • SewerCompany: Septic
  • WaterCompany: Community
  • WaterSewerGarbage: 300

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 221325100002
  • Lot Size Acres: 0.4127
  • Lot Size Sq Ft: 17977
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2080

Multi Family

  • Gross Scheduled Income: 24960
  • Net Operating Income: 21826
  • Number Of Units Total: 2
  • Insurance Expense: 804
  • Leasable Area: 2772
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2059

MLS Schools

  • Elementary School: Pioneer Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Sec 3 Llc
Bought by
5D Llc
Total Days on Market
1
Current Estimated Value
$446,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$221,139
Interest Rate
6.47%
Mortgage Type
Seller Take Back
Estimated Equity
$225,408

Purchase Details

Closed on
Jan 11, 2023
Sold by
Peterson Sara
Bought by
Sec 3 Llc

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 22, 2018
Sold by
Jackson Brian D
Bought by
Peterson Sara A
Buyer's Agent
Sara Peterson
Van Dorm Realty, Inc
List Price
$224,900
Sold Price
$230,345
Premium/Discount to List
$5,445
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$172,759
Interest Rate
4.4%
Mortgage Type
New Conventional
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
5D Llc $400,000 Aegis Land Title
Sec 3 Llc -- --
Peterson Sara A $230,626 Mason County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5D Llc $250,000
Previous Owner Peterson Sara A $172,759
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $230,345 +2.4% $83 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $224,900 -- $81 / 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 $2,946 $399,100 $38,655 $360,445
2023 $2,946 $357,650 $33,605 $324,045
2022 $3,238 $339,405 $44,215 $295,190
2021 $3,211 $339,405 $44,215 $295,190
2020 $2,871 $309,690 $43,850 $265,840
2018 $2,568 $226,755 $36,545 $190,210
2017 $2,059 $226,750 $36,540 $190,210
2016 $2,030 $187,760 $14,550 $173,210
2015 $1,819 $184,695 $14,550 $170,145
2014 -- $184,295 $14,550 $169,745
2013 -- $188,210 $15,000 $173,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1280274

Northwest Multiple Listing Service (NWMLS)

APN: 22132-51-00002