Listed by Berkshire Hathaway HS NW, Bought with Homes & Equity Real Estate Grp
NOT LISTED FOR SALE

Estimated Value: $812,144 - $1,049,000

7 Beds
3 Baths
3,032 Sq Ft
$315/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $930,000 $307 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,755/month

8 Days on Market

About This Home

As of September 2021

Single Family with Duplex. Large corner lot with income potential! Zoned Multi Family. Single family 3 bed 2 bath is freshly remodeled. New quartz counter tops, wall to wall carpet and blinds throughout. Freshly painted exterior and interior. Home is move in ready. Updated kitchen looks out into large family and dining room. Private off-street driveway and oversized garage are great for any car enthusiast. Both units in duplex are 2 bed 1 bath with individual attached garages and secluded fully fenced back yards. CAP rate 6%. Come take a look at this GREAT investment opportunity.

Last Agent to Sell the Property

Jason Liberty

Berkshire Hathaway HS NW License #128531 Listed on: 07/26/2021

Berkshire Hathaway HS NW

Last Buyer's Agent

Nadia D'Cafango

Homes & Equity Real Estate Grp License #17676

Homes & Equity Real Estate Grp

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1813640

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 1942

Lot Details

  • 0.32 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,032 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Travertine

Parking

  • 10 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • East Hill Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Community Details

  • Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2621600005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,905

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1942
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3032
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Travertine, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent
  • WaterSewerGarbage: 1440

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Mill Creek Mid Sch

Lot Info

  • Parcel Number: 2621600005
  • Lot Size Acres: 0.3237
  • Lot Size Sq Ft: 14100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5000

Multi Family

  • Gross Scheduled Income: 61800
  • Net Operating Income: 51955
  • Number Of Units Total: 3
  • Insurance Expense: 1500
  • Leasable Area: 3142
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6905

MLS Schools

  • Elementary School: East Hill Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 3, 2021
Sold by
Cornellus Lawrence H
Bought by
Kazachenko Viorika
Seller's Agent
Jason Liberty
Berkshire Hathaway HS NW
Buyer's Agent
Nadia D'Cafango
Homes & Equity Real Estate Grp
List Price
$875,000
Sold Price
$930,000
Premium/Discount to List
$55,000
6.29%
Current Estimated Value
$955,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,286
Avg. Annual Appreciation
0.66%
Original Mortgage
$430,000
Outstanding Balance
$391,268
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$564,018

Purchase Details

Closed on
Mar 11, 1996
Sold by
Cornelius Sheila
Bought by
Cornelius Lawrence H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
7.01%
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
Kazachenko Viorika $930,000 Old Republic Title Ltd
Cornelius Lawrence H -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazachenko Viorika $430,000
Previous Owner Cornelius Lawrence H $151,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $930,000 +6.3% $307 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $875,000 -- $289 / 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 $8,049 $779,000 $207,000 $572,000
2023 $8,409 $694,000 $207,000 $487,000
2022 $7,664 $794,000 $223,000 $571,000
2021 $6,905 $633,000 $180,000 $453,000
2020 $6,775 $541,000 $154,000 $387,000
2018 $6,187 $514,000 $123,000 $391,000
2017 $5,213 $455,000 $118,000 $337,000
2016 $5,206 $383,000 $129,000 $254,000
2015 $4,850 $365,000 $123,000 $242,000
2014 -- $330,000 $123,000 $207,000
2013 -- $296,000 $123,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1813640

Northwest Multiple Listing Service (NWMLS)

APN: 262160-0005