Sold

Listed by: eXp Realty • Britney Britton

Bought with: eXp Realty

$700,000

150 SE Drake Lane, Shelton, WA 98584

3beds

2,496sqft

Single Family Residence

Built in 1990

2.51 Acres Lot

$713,800 Zestimate^®

$280/sqft

$2,716 Estimated rent

Home value

$713,800

$671,000 - $764,000

$2,716/mo

Zestimate^® history

Owner options

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$2,716/mo

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$2,716/mo

Rent Zestimate^®

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$4,405/mo

Est. payment

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$4,405/mo

Est. payment

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What's special

Ready for Summertime! New Deck, natural light, 2496 sq ft living/entertaining space w/3bdr/2bth on 2.5 ac 170’ tidelands, w/150’ concrete bulkhead. Endless income producing options-clam harvesting, Airbnb, VRBO, ADU or just yours! Home features primary bedroom with walk-in closet; open concept living w/fantastic storage in Kitchen+eat-in counter, dining table space & living room that captures. Finished downstairs features larger living room & 2nd kitchen+2 bedrooms. Arcadia Point boat ramp-1 mile. Great outdoor life-eagles, seals, annual whale sightings, deer, & variety of birds. Fruit trees, grape vines, fantastic forest. Accessible ramp access. Furnace=2019 Deck overlooking water ideal for relaxing on beautiful days & entertaining guests!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main

Bedroom

Level: Lower

Bedroom

Level: Lower

Bathroom full

Level: Lower

Bathroom full

Level: Main

Bonus room

Level: Lower

Den office

Level: Main

Dining room

Level: Main

Entry hall

Level: Main

Great room

Level: Lower

Kitchen with eating space

Level: Main

Kitchen without eating space

Level: Lower

Living room

Level: Main

Rec room

Level: Lower

Utility room

Level: Garage

Heating

Forced Air, Heat Pump, Electric

Cooling

Heat Pump

Appliances

Included: Dishwashers_, Dryer(s), Microwaves_, Refrigerators_, StovesRanges_, Trash Compactor, Washer(s), Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Electric, Water Heater Location: Garage

Features

Dining Room
Flooring: Bamboo/Cork, Vinyl, Carpet
Doors: French Doors
Basement: Finished
Has fireplace: No

Interior area

Total structure area: 2,496
Total interior livable area: 2,496 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Attached Garage
Attached garage spaces: 2

Accessibility

Accessibility features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Entrance

Features

Levels: One
Stories: 1
Entry location: Main
Patio & porch: Wall to Wall Carpet, Bamboo/Cork, Second Kitchen, Dining Room, French Doors, Walk-In Closet(s), Water Heater
Has view: Yes
View description: Canal, Sound, Territorial
Has water view: Yes
Water view: Canal,Sound
Waterfront features: Bank-Medium, Bay/Harbor, Bulkhead, Saltwater, Sound
Frontage length: Waterfront Ft: 170'/150' Conc. Bulk

Lot

Size: 2.51 Acres
Features: Dead End Street, Drought Res Landscape, Secluded, Deck, Outbuildings
Topography: PartialSlope
Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded

Details

Parcel number: 220203300020
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: 1 Story w/Bsmnt.
Property subtype: Single Family Residence

Materials

Wood Siding, Wood Products
Foundation: Block, Slab
Roof: Composition

Condition

Year built: 1990

Utilities & green energy

Electric: Company: PUD3
Sewer: Septic Tank, Company: Private Septic
Water: Individual Well, Company: Individual Well

Community & HOA

Community

Subdivision: Arcadia

Location

Region: Shelton

Financial & listing details

Price per square foot: $280/sqft
Tax assessed value: $616,575
Annual tax amount: $6,316
Offers reviewed: 06/07/2024
Date on market: 7/1/2024
Listing terms: Conventional,USDA Loan,VA Loan
Inclusions: Dishwashers, Dryers, Microwaves, Refrigerators, StovesRanges, TrashCompactor, Washers
Road surface type: Dirt

Price history

Date	Event	Price
6/27/2024	Sold	$700,000+4.5%$280/sqft
Source: NWMLS as distributed by MLS GRID #2245710 Report a problem
6/8/2024	Pending sale	$670,000$268/sqft
Source: NWMLS as distributed by MLS GRID #2245710 Report a problem
6/1/2024	Listed for sale	$670,000+219%$268/sqft
Source: NWMLS as distributed by MLS GRID #2245710 Report a problem
3/23/2012	Sold	$210,000-43.2%$84/sqft
Source: NWMLS as distributed by MLS GRID #253975 Report a problem
9/25/2010	Listed for sale	$370,000$148/sqft
Source: Keller Williams - Olympia #98366 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,494 +20.3%	$616,575 -5.3%
2024	$6,228 -1.4%	$651,145 +11.2%
2023	$6,316 +3.5%	$585,570 +20.4%
2022	$6,101 +8.9%	$486,265 +0.5%
2021	$5,602 -8.6%	$483,720 +10.6%
2020	$6,128 +2.9%	$437,280 +57%
2018	$5,956 +54.1%	$278,505
2017	$3,866 -12.2%	$278,505 +6.2%
2016	$4,402 +17.1%	$262,155 -6%
2015	$3,758 -5.1%	$278,885 +6.7%
2014	$3,962	$261,345 +1.5%
2013	$3,962	$257,420 -12.3%
2012	--	$293,525 -20.9%
2011	--	$371,285
2010	--	$371,285
2009	--	$371,285