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  • Listed by: 

    Jensen Westmoreland,

    Westmoreland Properties

    Bought with: AgencyOne
    $330,000

    900 E Phillips Lake Road, Shelton, WA 98584

    --beds
    --baths
    2,772sqft
    Duplex
    Built in 1995
    -- sqft lot
    $436,900 Zestimate®
    $119/sqft
    $2,087 Estimated rent

    Home value

    $436,900

    $398,000 - $481,000

    $2,087/mo

    Zestimate® history
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    $1,876/mo

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    What's special

    !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

    Zillow last checked: 8 hours ago

    Listing updated: September 05, 2024 at 05:47am

    Listed by:

    Jensen Westmoreland,

    Westmoreland Properties

    Bought with:

    Rudranil Manna, 22024506

    AgencyOne

    Source: NWMLS,MLS#: 2125154MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,772
    • Total interior livable area: 2,772 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Covered spaces: 2
    • Uncovered spaces: 6
    Lot
    • Size: 0.34 Acres
    • Features: Cul-De-Sac, Open Lot, Deck, High Speed Internet
    Details
    • Parcel number: 221325100001
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Fair
    • Year built: 1995
    • Major remodel year: 1995

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Shelton
    • Subdivision: Shelton

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 654 days

    Price history

    DateEventPrice
    8/11/2023Sold$330,000$119/sqft
    Source: NWMLS #2125154 Report a problem
    6/14/2023Pending sale$330,000$119/sqft
    Source: NWMLS #NWM2125154 Report a problem
    6/9/2023Listed for sale$330,000+110.2%$119/sqft
    Source: NWMLS #NWM2125154 Report a problem
    4/26/2005Sold$157,000+16.3%$57/sqft
    Source: Public Record Report a problem
    8/22/2002Sold$135,000$49/sqft
    Source: NWMLS #22070447 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,114 +6.3%$379,715 +6.5%
    2023$2,929 -5.7%$356,540 +5.6%
    2022$3,107 -3.5%$337,640 +9.6%

    Find assessor info on the county website

    Neighborhood: 98584

    Nearby schools

    GreatSchools rating
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    Estimated market value$436,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $436,900