900 East Phillips Lake Road
900 East Phillips Lake Road
Shelton, WA 98584
$330,000
Last Sold Price
4
Beds
4
Baths
2,772 Sq. Ft.
$119 / Sq. Ft.
2,772
Sq. Ft.
$119
per Sq. Ft.
Sold 8/11/23
Sold 8/11/23
Listing provided courtesy of Westmoreland Properties, AgencyOne
Description
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...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
- Listed by Jensen Westmoreland • Westmoreland Properties
Property Details for 900 East Phillips Lake Road
Community Name
Shelton
School DistrictShelton
Number of Assigned Spaces8
Total Covered Parking2
Entry Date06-09-2023
Energy SourceElectric
SewerSeptic Tank
Location
Listing Courtesy of Westmoreland Properties![]()
Sold By AgencyOne
Add your commute
LISTING UPDATED: 08/14/2023 08:55 PM
Property Details for 900 East Phillips Lake Road
| Status | Sold |
|---|---|
| MLS # | 2125154 |
| Days on Market | 5 |
| Cumulative Days on Market | 224 |
| Taxes | $3,193 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1995 |
| Lot Size | 0.34 AC / 14,810 SF |
| County | Mason County |
Location
Listing Courtesy of Westmoreland Properties![]()
Sold By AgencyOne
Add your commute
Building Information for 900 East Phillips Lake Road
Stories2Residences2Year Built1995Building Size-Lot Size0.34 AC / 14,810 SF
Payment Calculator
$2,067 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,801
Property Taxes
$266
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 900 East Phillips Lake Road
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Deck, High Speed Internet
- Area: 176 - Agate
- Effective Year Built Source: Public Records
- Directions: From Highway 3 heading south, turn left on E Pickering Rd. Turn right on E Phillips Lake Rd. Property on right.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 6.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Amenities: Basement
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Insert
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1995
- Photos Count: 3
Lot Information
- Lot Details: Cul-De-Sac, Open Space
- Lot Size Source: Realist
- Parcel Number Free Text: 221325100001
- Building Condition: Fair
- Calculated Square Footage: 2772
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2772.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 3193
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $26,400
- Insurance Expense: $0
- Net Operating Income: $0
- Other Expenses: $0
- Total Monthly Income: 2200
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 1386
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1386
- Rent Unit 2: $1,100.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2772.0
- Leasable Area Units: Square Feet
Property History for 900 East Phillips Lake Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 900 East Phillips Lake Road
Taxable ValueLand$32,350Additions$324,190Total$356,540
Tax Record2023$3,107 ($259 / month)
Home Facts
Total Finished SqFt2,772 SqFtAbove Ground SqFt2,772 SqFtStories2Lot Size14,810 SqFtStyleDuplexYear Built1995CountyMASONAPN22132-51-00001
Schools near 900 East Phillips Lake Road
This home is within Pioneer School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Private - | 1 to 11 |
Rating | School | Distance |
|---|---|---|
Pioneer Elementary School PublicPK to 5 | ||
Pioneer Intermediate/Middle School Public6 to 8 | ||
Abba's Garden Academy Private1 to 11 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Westmoreland Properties
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.