Listed by Specialty Real Estate Group, Bought with Specialty Real Estate Group
NOT LISTED FOR SALE

11416 SE 256th Place Kent, WA 98030

East Hill Neighborhood

Estimated Value: $645,000 - $751,043

4 Beds
4 Baths
2,500 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $599,950 $240 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,211/month

6 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • Partially Fenced Property
  • No HOA
  • High Speed Internet
  • Wood Siding

About This Home

As of November 2022

Investor alert! Duplex opportunity located in Kent's East Hill. Townhome style units that live like single family homes. 2 bedrooms and den on the upper floor, living room with vaulted ceilings, private garage with in-unit laundry, and each unit has their very own fenced backyard with patio and lawn for outdoor enjoyment. Spacious driveway with ample off-street parking. Below market rents allow for value add and endless income potential - perfect for house hack, travel nurses, short-term rental, and more. Easy access to freeways, major employers, Sounder Train, and upcoming Lakepointe Urban Village development. Viewings by appointment in this time window only: Sat 10/15 3-5pm and Sun 3-5pm.

Last Agent to Sell the Property

Adrian Chu

Specialty Real Estate Group License #26434 Listed on: 10/13/2022

Co-Listed By

tracy zelenka

Specialty Real Estate Group License #21035181

Last Buyer's Agent

Khanh Nguyen

Specialty Real Estate Group License #20112687

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2007483

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 1984

Lot Details

  • 8,539 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Schools

  • George T. Daniel Ele Elementary School
  • Meridian Jnr High Middle School
  • Kent-Meridian High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6379000070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,951

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2500
  • SOCComments: Show & Sell
  • Special Features: VirtualTour
  • Cumulative Days on Market: 372

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Laminate Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent
  • WaterSewerGarbage: 2640

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Meridian Jnr High

Lot Info

  • Parcel Number: 6379000070
  • Lot Size Acres: 0.196
  • Lot Size: 8539
  • Lot Size Sq Ft: 8539
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2860

Multi Family

  • Gross Scheduled Income: 36720
  • Net Operating Income: 28229
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 2500
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4951

MLS Schools

  • Elementary School: George T. Daniel Ele

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 9, 2022
Sold by
Le Molinda and Le Hien
Bought by
Le Hien
Seller's Agent
Adrian Chu
Specialty Real Estate Group
Buyer's Agent
Khanh Nguyen
Specialty Real Estate Group
List Price
$599,950
Sold Price
$599,950
Views
1
Current Estimated Value
$677,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,311
Avg. Annual Appreciation
4.39%
Original Mortgage
$449,963
Outstanding Balance
$436,837
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$240,424

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 8, 2022
Sold by
Wong Dennis Ka Hang and Wong Alice Hsueh
Bought by
Le Hien
Seller's Agent
Adrian Chu
Specialty Real Estate Group
Buyer's Agent
Khanh Nguyen
Specialty Real Estate Group
List Price
$599,950
Sold Price
$599,950
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,963
Outstanding Balance
$436,837
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$240,424

Purchase Details

Closed on
Mar 6, 2011
Sold by
Wong Sik Kee and Wong Mary Chee Fung
Bought by
Wong Dennis Ka Hang and Meng Alice Hsueh

Purchase Details

Closed on
Apr 9, 1990
Sold by
Thom Eugene D and Thom Jean E
Bought by
Wong Sik K and Wong May C
Source: Public Records

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 Buyer Sale Price Title Company
Le Hien -- Wfg National Title Company Of
Le Hien $599,950 Wfg National Title Company Of
Wong Dennis Ka Hang $67,180 None Available
Wong Sik K $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Hien $449,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $599,950 0.0% $240 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $599,950 -- $240 / 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 $6,591 $645,000 $199,000 $446,000
2023 $5,428 $575,000 $199,000 $376,000
2022 $4,951 $509,000 $190,000 $319,000
2021 $4,464 $406,000 $154,000 $252,000
2020 $4,383 $347,000 $132,000 $215,000
2018 $4,008 $330,000 $105,000 $225,000
2017 $3,994 $292,000 $100,000 $192,000
2016 $3,979 $296,000 $125,000 $171,000
2015 $3,690 $281,000 $119,000 $162,000
2014 -- $253,000 $119,000 $134,000
2013 -- $227,000 $119,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2007483

Northwest Multiple Listing Service (NWMLS)

APN: 637900-0070