Sold579d on market
261 E Budd Drive
Shelton, WA, 98584 • 98584 • Mason County
$138,000
$213/sqft
2Beds
1Baths
648Sqft
0.21 acLot
1976Built
Property DNA
Territorial Views
Territorial
Cabin Style
Built 1976 · 50 years of history
Timberlakes
98584
Outdoor Living
Fireplace
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
1-Car Garage
Driveway · Detached Garage
Engineered Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
579 days on market
Established listing
$213/sqft
Price per square foot
About this home
Single Family · Built 1976
Great opportunity to fix up this cute A frame cabin with a 203K FHA REHAB loan with 3.5% down payment or replace with a new site built or manufactured home! See Supplements for information on 203K loans. Fully fenced lot has loads of potential with plenty of room for gardens and recreation. Timberlakes is 15 minutes from downtown Shelton and 30 minutes from Olympia, Timberlakes has several freshwater lakes which are perfect for boating, kayaking, canoeing, water skiing, paddle boarding, swimming and well stocked for your fishing pleasure! Cash buyers are preferred. Home is habitable but is in need of repairs and will only qualify for a rehab loan. Selling AS IS- seller will make no repairs.
Standout features identified
Our analysis highlights in need of repairs, freshwater lakes, and cute a frame cabin as key attractions of this home.
Estimated monthly payment
Based on current rates
$915/month
Principal & Interest$709
Property Tax$138
Insurance$46
HOA$22
Down payment20% ($27,600)
3%50%
Est. 6.65% rate · 30yr fixed · $110,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1976
HeatingFireplace, Wall Unit(s), Electric
CoolingNone
Parking1 Garage space
HOA$260 annually
Lot9,147 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCabin
ConditionFixer
Year built1976
Systems
HeatingFireplace, Wall Unit(s), Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerCommunity, Company: Timberlake Community Water / Septic Tank, Company: Private on site septic
Parking & Outdoor
ParkingDriveway, Detached Garage
Garage1 spaces
BasementNone
Fireplaces1
Lot9,147 sqft
Location & Tax
Neighborhood98584
Annual tax$1,360
Parcel220175200065
Bathrooms & Fees
Full baths1
HOA$22/mo
Features & details
11 categories of property features
Interior Features
Appliances
Refrigerator(s)
Stove(s)/Range(s)
Flooring
Engineered Hardwood
Vinyl
Heating
Fireplace
Wall Unit(s)
Electric
Cooling
None
Fireplace
Wood Burning
Main Level: 1
Fireplace
Exterior Features
Parking
Driveway
Detached Garage
Construction
Wood Siding
Patio & Porch
Fireplace
Lot Features
Paved
Fenced-Fully
Outbuildings
Community
Boat Launch
CCRs
Clubhouse
Park
Playground
Trail(s)
Views
Territorial
Room details
6 rooms detailed
Bedroom
SecondBedroom
SecondBathroom Full
MainEntry Hall
MainKitchen With Eating Space
MainLiving Room
MainListing insights
Market data and value estimates
StatusSold
Days on market579
Est. value$167,400
Est. rent$1,437/mo
Tax rate0.63%
Price/sqft$213
On marketDec 31, 2023
PostedAug 24, 2023
Last sold$138,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views3
How are the schools in Shelton?
2 schools rated nearby
Location
Shelton, WA, 98584
Price history
11 events
DateEventPrice$/sqftSource
Sep 5, 2024Sold$138,000$213NWMLS as distributed by MLS GRID
May 28, 2024Pending Sale$150,000$231NWMLS as distributed by MLS GRID
May 15, 2024Price Change$150,000$231NWMLS as distributed by MLS GRID
Apr 29, 2024Listed For Sale$180,000$278NWMLS as distributed by MLS GRID
Apr 15, 2024Pending Sale$180,000$278NWMLS as distributed by MLS GRID
Apr 4, 2024Listed For Sale$180,000$278NWMLS as distributed by MLS GRID
Mar 22, 2024Pending Sale$180,000$278NWMLS as distributed by MLS GRID
Feb 16, 2024Price Change$180,000$278NWMLS as distributed by MLS GRID
Sep 15, 2023Price Change$204,900$316NWMLS as distributed by MLS GRID
Aug 24, 2023Listed For Sale$214,900$332NWMLS as distributed by MLS GRID
Mar 19, 2003Sold$20,000$31NWMLS as distributed by MLS GRID
Sold$138,000
Sep 5, 2024•$213/sqft•NWMLS as distributed by MLS GRID
Pending Sale$150,000
May 28, 2024•$231/sqft•NWMLS as distributed by MLS GRID
Price Change$150,000
May 15, 2024•$231/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$180,000
Apr 29, 2024•$278/sqft•NWMLS as distributed by MLS GRID
Pending Sale$180,000
Apr 15, 2024•$278/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$180,000
Apr 4, 2024•$278/sqft•NWMLS as distributed by MLS GRID
Pending Sale$180,000
Mar 22, 2024•$278/sqft•NWMLS as distributed by MLS GRID
Price Change$180,000
Feb 16, 2024•$278/sqft•NWMLS as distributed by MLS GRID
Price Change$204,900
Sep 15, 2023•$316/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$214,900
Aug 24, 2023•$332/sqft•NWMLS as distributed by MLS GRID
Sold$20,000
Mar 19, 2003•$31/sqft•NWMLS as distributed by MLS GRID
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024$1,137$129,665
Apr 8, 2023$1,053$149,285
Apr 8, 2022$1,360$127,625
Apr 8, 2021$1,276$110,800
Apr 8, 2020$1,198$90,795
Apr 8, 2018$1,075$66,095
Apr 8, 2017$923$66,095
Apr 8, 2016$789$44,355
Apr 8, 2015$520$44,355
Apr 8, 2014$521$38,550
Apr 8, 2013$521$40,550
Apr 8, 2012—$42,375
Apr 8, 2011—$51,235
Apr 8, 2010—$67,885
Apr 8, 2009—$67,885
Nearby homes
Neighborhood details
Local context around this listing
Shelton, WA • Mason County
Nearby cities
AllynBelfairElmaGrapeviewHoodsportLilliwaupMatlockShelton
Nearby zip codes
98546985609858498592
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Based on information submitted to the MLS GRID as of 2026-04-07 23:59:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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