NOT LISTED FOR SALE

1605 "B" Maple Ln Kent, WA 98030

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

2 Beds
1 Bath
7,440 Sq Ft
$32/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $635,000 $85 Per Sq Ft

Current estimated payment $1,668/month

140 Days on Market

About This Home

As of May 2017

INVESTORS ALERT! 8 Condos in Maple Lane Condominium, close to bus lines, shopping, freeway and Kent Station. Can be bought and individually sold. 2 bedrooms and 1 bathrooms. 930 sq.ft. units. Very easily rents out. HOA is $300 a month per unit, and pays for common area maintenance, garbage services, water/sewer. Deck/patio and play yard. 8 Units for sale, all of the "B" building. Please don't bother tenants. No restrictions on rental. 62 condos in complex.

Last Listed By

James Dainard

Heaton Dainard, LLC License #108050 Listed on: 10/19/2016

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1043722

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 1979

Lot Details

  • 2.79 Acre Lot

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 7,440 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5097600090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,752

Year Built

Built in 1979

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1979
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7440
  • Special Features: None
  • Cumulative Days on Market: 396

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • 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: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee: 2000
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Kent
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5097600090
  • Lot Size Acres: 2.789
  • Lot Size Sq Ft: 121491
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 7567

Multi Family

  • Gross Scheduled Income: 91000
  • Net Operating Income: 44828
  • Number Of Units Total: 8
  • Insurance Expense: 3887
  • Leasable Area: 7440
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6752

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
May 4, 2017
Sold by
Yang Properties Llc
Bought by
Nadlan Llc
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Ilanit Inbar
Skyline Properties, Inc.
List Price
$779,950
Sold Price
$635,000
Premium/Discount to List
-$144,950
-18.58%
Total Days on Market
140
Current Estimated Value
$238,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$396,978
Avg. Annual Appreciation
-11.46%

Purchase Details

Closed on
Jan 17, 2014
Sold by
Truong Khai and Huynh Jackie
Bought by
Yang Properties

Purchase Details

Closed on
Jan 16, 2014
Sold by
Trudng Khai and Huynh Jackie
Bought by
Truong Khai and Huynh Jackie

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
05/05/2017 05/05/17 Sold $635,000 -18.6% $85 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $779,950 0.0% $105 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $779,950 -2.5% $105 / Sq Ft
10/19/2016 10/19/16 For Sale $799,950 -- $108 / 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
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1043722

Northwest Multiple Listing Service (NWMLS)

APN: 509760-0090