NOT LISTED FOR SALE

Maple Lane Court 1601 Maple Ln Unit B1-8 Kent, WA 98030

Estimated Value: $230,088 - $247,000

2 Beds
6 Baths
930 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $400,000 $430 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $1,511/month

80 Days on Market

About This Home

As of January 2014

First buyer backed out before inspection, so back on market! 8 Condos close to buslines, shopping, freeway and Kent Station. 2 Bedrooms, 1 bath. 930 square feet! Kitchen appliances included. Deck/patio and play yard. $750/month rent. HOA is only $125/month, and pays for common area maintenance and garbage service. Water bill abotu $100/month/unit. Please don't bother tenants, happy to show with signed offer. 8 units for sale, all of the "B" building. Photos are of a sample unit to show layout.

Last Listed By

Aaron Stafford

John L. Scott, Inc. License #49417 Listed on: 09/29/2013

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 549650

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 2.79

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 930 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • Open Parking

Community Details

  • Maple Lane Court Condos
  • Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5097600090

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Maple Lane Court
  • New Construction: No
  • CalculatedSquareFootage: 930
  • Special Features: None
  • Cumulative Days on Market: 327

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 9600

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 5097600090
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 6000

Multi Family

  • Gross Scheduled Income: 72000
  • Net Operating Income: 33116
  • Number Of Units Total: 8
  • Insurance Expense: 800
  • Leasable Area: 7440
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2012
  • Tax Annual Amount: 12252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2017
Sold by
Yang Properties Llc
Bought by
Nadlan Llc
Total Days on Market
80
Current Estimated Value
$238,022

Purchase Details

Listed on
Sep 29, 2013
Closed on
Jan 17, 2014
Sold by
Truong Khai and Huynh Jackie
Bought by
Yang Properties
Seller's Agent
Aaron Stafford
John L. Scott, Inc.
Buyer's Agent
John Whitney
Heaton Dainard, LLC
List Price
$472,000
Sold Price
$400,000
Premium/Discount to List
-$72,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.18%

Purchase Details

Listed on
Sep 29, 2013
Closed on
Jan 16, 2014
Sold by
Trudng Khai and Huynh Jackie
Bought by
Truong Khai and Huynh Jackie
Seller's Agent
Aaron Stafford
John L. Scott, Inc.
Buyer's Agent
John Whitney
Heaton Dainard, LLC
List Price
$472,000
Sold Price
$400,000
Premium/Discount to List
-$72,000
-15.25%

Purchase Details

Closed on
Jun 3, 2004
Sold by
Epley Howard W and Epley Karen L
Bought by
Truong Khai and Huynh Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.92%

Purchase Details

Closed on
Apr 26, 1995
Sold by
Karsten Leroy H and Lavonne Karsten B
Bought by
Epley Howard W and Epley Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
8.44%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nadlan Llc $635,000 Fidelity Natio
Yang Properties $400,000 First American
Truong Khai -- Fidelity Natio
Truong Khai $424,320 Fidelity Natio
Epley Howard W $297,500 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truong Khai $350,000
Previous Owner Epley Howard W $203,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $400,000 -15.3% $430 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $472,000 -- $508 / 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 $2,024 $189,000 $33,200 $155,800
2023 $1,865 $187,000 $31,200 $155,800
2022 $1,853 $169,000 $29,300 $139,700
2021 $1,645 $148,000 $29,300 $118,700
2020 $1,552 $124,000 $29,300 $94,700
2018 $1,388 $110,000 $19,500 $90,500
2017 $833 $97,000 $17,600 $79,400
2016 $857 $55,000 $17,600 $37,400
2015 $876 $55,000 $15,600 $39,400
2014 -- $55,000 $15,600 $39,400
2013 -- $64,000 $15,600 $48,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 549650

Northwest Multiple Listing Service (NWMLS)

APN: 509760-0090