Sold

Listed by: Keller Williams South Sound • Jason Munoz

Bought with: AgencyOne

$375,000

123 W Alder Street, Shelton, WA 98584

--beds

--baths

3,276sqft

Multi Family

Built in 1940

-- sqft lot

$447,200 Zestimate^®

$114/sqft

$1,884 Estimated rent

Home value

$447,200

$394,000 - $501,000

$1,884/mo

Zestimate^® history

Owner options

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$1,884/mo

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$1,884/mo

Rent Zestimate^®

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$1,782/mo

Est. payment

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$1,782/mo

Est. payment

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What's special

Attention Investors! Discover this spacious four-plex in downtown Shelton, boasting over 3,000 square feet. With income potential from four units, this property is ripe for restoration to its former glory. Enjoy endless possibilities in a prime location near shopping, hiking, lakes, the canal, and more. Just 25 minutes from Olympia and an easy commute to JBLM. Seize this opportunity today!

Facts & features

Interior

Heating

Forced Air, Wall Unit(s), Electric, Natural Gas

Cooling

None

Features

Flooring: Hardwood, Laminate, Vinyl, Vinyl Plank, Carpet
Has fireplace: No

Interior area

Total structure area: 3,276
Total interior livable area: 3,276 sqft

Property

Parking

Total spaces: 4
Parking features: Open
Uncovered spaces: 4

Features

Patio & porch: Hardwood, Laminate, Wall to Wall Carpet
Has view: Yes
View description: Territorial

Lot

Size: 6,098 Square Feet
Features: Curbs, Paved, Value In Land, Cable TV

Details

Parcel number: 320184500700
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1940

Utilities & green energy

Electric: Company: PUD #3
Sewer: Sewer Connected, Company: City of Shelton
Water: Public, Company: City of Shelton

Community & HOA

Community

Features: Golf
Subdivision: Shelton

Location

Region: Shelton

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $283,970
Annual tax amount: $2,953
Date on market: 8/20/2024
Cumulative days on market: 584 days
Listing terms: Conventional,FHA,USDA Loan,VA Loan

Price history

Date	Event	Price
8/26/2024	Sold	$375,000-6.3%$114/sqft
Source: NWMLS as distributed by MLS GRID #2259584 Report a problem
7/11/2024	Pending sale	$400,000$122/sqft
Source: NWMLS as distributed by MLS GRID #2259584 Report a problem
7/2/2024	Listed for sale	$400,000+5.3%$122/sqft
Source: NWMLS as distributed by MLS GRID #2259584 Report a problem
5/13/2022	Sold	$380,000-2.5%$116/sqft
Source: NWMLS as distributed by MLS GRID #1902544 Report a problem
4/14/2022	Pending sale	$389,900$119/sqft
Source: NWMLS as distributed by MLS GRID #1902544 Report a problem
3/17/2022	Listed for sale	$389,900$119/sqft
Source: NWMLS as distributed by MLS GRID #1902544 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,953 +5.7%	$283,970 +12.6%
2023	$2,794 +6%	$252,100 +109.2%
2022	$2,635	$120,535 +9%
2021	--	$110,580 +22.7%
2020	$1,499 +15.2%	$90,150 -35.8%
2018	$1,302 -34.5%	$140,450
2017	$1,987 -15.3%	$140,450 +8.3%
2016	$2,346 +17.1%	$129,685 -3.1%
2015	$2,003 -1.4%	$133,780 +3.2%
2014	$2,032	$129,580 -13.6%
2013	$2,032	$149,975 -18.3%
2012	--	$183,600 -16.5%
2011	--	$220,000
2010	--	$220,000
2009	--	$220,000