Listed by Windermere Real Estate/PSR Inc
NOT LISTED FOR SALE
2 Beds
2 Baths
11,136 Sq Ft
0.65 Acres

Last Sold November 15, 2012

Last sale price $920,000 $83 Per Sq Ft

97 Days on Market

Highlights

  • 0.65 Acre Lot
  • Territorial View
  • Thermal Windows
  • Kentwood High School Rated A-
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of November 2012

Rare opportunity to pick up 12 units in nice complex in great location! End of cul-de-sac, very close to shopping and buses, always rented, 2 bedroom/1.5 bath flats in 2 story buildings, 14 covered parking spaces, 12 uncovered, easy to rent, tile roofs, 3 fourplexes, award winning Kent schools and more!

Last Agent to Sell the Property

Bill Grover

Windermere Real Estate/PSR Inc License #8226 Listed on: 05/02/2012

Windermere Real Estate/PSR Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 351004

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,948

Year Built

  • Built in 1986

Lot Details

  • 0.65 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 11,136 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 26 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Benson Crest Condos
  • Kent Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0738200070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,948

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1986
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Benson Crest
  • CalculatedSquareFootage: 11136
  • SOCComments: May be subject to lien holder approval
  • Special Features: 12

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Tile
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 14
  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 26
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • WaterSewerGarbage: 17289

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 0738200070
  • Lot Size Acres: 0.6544
  • Lot Size Sq Ft: 28504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • ZoningClass: Multi-Family
  • LotNumber: 7

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 9230

Multi Family

  • Gross Scheduled Income: 110760
  • Net Operating Income: 64997
  • Number Of Units Total: 12
  • Insurance Expense: 4710
  • Leasable Area: 11136
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2011
  • Tax Annual Amount: 15948

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $920,000 -12.4% $83 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $1,050,000 -- $94 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 351004

Northwest Multiple Listing Service (NWMLS)