Listed by John L. Scott, Inc, Bought with Pellego, Inc.
$1,600,000
SOLD DEC 23, 2024
2.06 Acres
$777,756 Price per Acre
89,612 Sq Ft Lot

Recently Sold

$672 Per Sq Ft

16% Below List Price

88 Days on Market

About This Lot

As of December 2024

10 Pre-approved Lots final engineering stamped sets of drawing. !!! Welcome to an Exclusive Opportunity for Builders, Investors, & Developers on a 2.05 acres which is zoned SR6 in Kent and Renton border. Step into this beautifully remodeled house offering the perfect blend of comfort & opportunity. With 2380 sq.ft. of refined living space,4 bd & 1.75 ba along w/ 2 detached garages. Enjoy the tranquility of your remodeled home while envisioning the future growth & development that awaits. With each house approved for construction, seize this rare opportunity to transform this expansive land into a vibrant community. Don't miss the golden opportunity to secure a future in a location primed for Growth & Prosperity.

Last Agent to Sell the Property

Boney Mathew

John L. Scott, Inc License #26236 Listed on: 05/04/2024

John L. Scott, Inc

Last Buyer's Agent

Anika Sinha

Pellego, Inc. License #126388

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2233131

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,866

Lot Details

  • 2.06 Acre Lot

Community Details

  • No Home Owners Association
  • East Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0522059052

Property Details

Property Type

Land

Est. Annual Taxes

$6,866

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 237

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved,Privately Maintained

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 0522059052
  • Lot Size Acres: 2.0572
  • Lot Size Sq Ft: 89613
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Nov 24, 2020
Sold by
Grant Terry M and Grant Thomas R
Bought by
Mathew Joseph and Mathew Susha
Seller's Agent
Harry Eng
John L. Scott, Inc
Buyer's Agent
Boney Mathew
John L. Scott, Inc
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%
Current Estimated Value
$1,225,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,560
Avg. Annual Appreciation
11.96%
Source: Public Records

Similar Property in Kent, WA

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    • 1.51 Acres
    • $926,490 per Acre
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    BUILDERS & INVESTORS! GREAT opportunity for a 1.51 Acre development with a LOCATION that cannot be beat. Zoned SR-6, and possibly can be divided up to 9 lots. Existing 1,930 SqFt home with 4 bedrooms and bonus room which can be 5th bedroom. Property can be rented while waiting on permits. Home was remodeled in 2015 and offers hardwood floors, updated kitchen, granite countertops, updated

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    Section Image

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $850,000 First American
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $1,600,000 0.0% $672 / Sq Ft
12/23/2024 12/23/24 Sold $1,600,000 -15.8% $672 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/31/2024 07/31/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $1,899,950 0.0% $798 / Sq Ft
04/19/2024 04/19/24 For Sale $1,899,950 +123.5% $798 / Sq Ft
12/14/2020 12/14/20 Sold $850,000 -5.5% $357 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $899,500 -10.0% $378 / Sq Ft
05/05/2020 05/05/20 Price Changed $999,500 -13.1% $420 / Sq Ft
04/01/2020 04/01/20 For Sale $1,150,000 -- $483 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,866 $677,000 $390,000 $287,000
2023 $6,514 $615,000 $414,000 $201,000
2022 $6,345 $659,000 $377,000 $282,000
2021 $5,689 $531,000 $330,000 $201,000
2020 $5,581 $452,000 $309,000 $143,000
2018 $7,747 $422,000 $295,000 $127,000
2017 $6,957 $595,000 $281,000 $314,000
2016 $6,845 $539,000 $281,000 $258,000
2015 $6,685 $502,000 $264,000 $238,000
2014 -- $480,000 $253,000 $227,000
2013 -- $406,000 $230,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2233131

Northwest Multiple Listing Service (NWMLS)

APN: 052205-9052