Listed by John L. Scott, Inc., Bought with Dove Realty, Inc.
$415,000
SOLD APR 18, 2017

20244 108th Ave SE Kent, WA 98031

Meridian Neighborhood
4 Beds
2 Baths
2,040 Sq Ft
1.06 Acres

Recently Sold

$203 Per Sq Ft

8% Below List Price

131 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Wood Siding
  • Kentridge High School Rated A
  • Attached Garage

About This Home

As of April 2017

Value in Land ! Attention Builders & Developers !! Excellent Piece of Property w/ great development potential. Zoned MR-M with potential of up to 38 Units on both Parcels. All utilities available on street. A prime real estate for Apartment, Town Homes, Day Care & Assisted Living Facility etc. EZ access to Panther Lake Shopping Center, Major Freeways, Schools, Churches & Major Restaurants etc. Priced for a Quick Sale !! Rent out both Houses while development process is completed. Bring offers !!

Last Agent to Sell the Property

Jessie Cheema

John L. Scott, Inc. License #18324 Listed on: 10/26/2016

John L. Scott, Inc.

Last Buyer's Agent

Jason Sharp

Dove Realty, Inc. License #77497

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1046694

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,002

Year Built

  • Built in 1955

Lot Details

  • Corner Lot
  • Value in Land

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Partially Finished Basement

Utilities

  • Shared Well
  • Septic System

Community Details

  • Panther Lake Community

Listing and Financial Details

  • Assessor Parcel Number 0522059128

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,002

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Partially Finished
  • Dining Room: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2040
  • Square Footage Finished: 2040

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Panther Lake

Schools

  • Elementary School: Glenridge Elem
  • Middle School: Meeker Jnr High
  • High School: Kentridge High
  • School District: KNT

Lot Info

  • Lot Details: Corner Lot, Curbs, Sidewalk, Value In Land
  • Lot Sq Ft: 46310
  • Parcel Number: 0522059128

Tax Info

  • Tax Amount: 1116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Apr 13, 2017
Sold by
Welch Carlene O
Bought by
Farm & Home Andrade Llc
Seller's Agent
Jessie Cheema
John L. Scott, Inc.
Buyer's Agent
Jason Sharp
Dove Realty, Inc.
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$269,750
Outstanding Balance
$226,460
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$753,259

Purchase Details

Closed on
Dec 9, 2010
Sold by
Welch Carlene O
Bought by
Welch Carlene O

Purchase Details

Closed on
Sep 8, 2004
Sold by
Welch Albert O and Welch Carlene O
Bought by
Welch Carlene O

Purchase Details

Closed on
Jul 8, 1997
Sold by
Olson Carl A and Olson Opal B
Bought by
Welch Albert O and Welch Carlene O

Purchase Details

Closed on
Feb 1, 1996
Sold by
Welch Albert O and Welch Carlene O
Bought by
Welch Albert O and Welch Carlene O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed $415,000 Rainier Title Llc
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Warranty Deed -- --
Interfamily Deed Transfer -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $269,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2024 09/15/24 Pending -- -- --
09/15/2024 09/15/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $1,275,000 0.0% $536 / Sq Ft
07/27/2024 07/27/24 For Sale $1,275,000 +207.2% --
04/18/2017 04/18/17 Sold $415,000 -7.8% $203 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $450,000 0.0% $221 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $450,000 0.0% $221 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $450,000 -- $221 / 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 $7,002 $683,000 $353,000 $330,000
2023 $6,339 $590,000 $306,000 $284,000
2022 $6,293 $652,000 $279,000 $373,000
2021 $5,809 $521,000 $225,000 $296,000
2020 $5,696 $457,000 $235,000 $222,000
2018 $4,981 $429,000 $179,000 $250,000
2017 $1,128 $367,000 $163,000 $204,000
2016 $1,116 $348,000 $155,000 $193,000
2015 $1,192 $338,000 $155,000 $183,000
2014 -- $325,000 $155,000 $170,000
2013 -- $333,000 $206,000 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1046694

Northwest Multiple Listing Service (NWMLS)

APN: 052205-9128