Listed by John L. Scott, Inc., Bought with COMPASS
$275,000
SOLD AUG 11, 2017

20254 108th Ave SE Kent, WA 98031

Meridian Neighborhood
2 Beds
1 Bath
1,300 Sq Ft
0.6 Acres

Recently Sold

$212 Per Sq Ft

21% Below List Price

138 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • 5-minute walk to Panther Lake
  • Kentridge High School Rated A
  • Attached Garage

About This Home

As of August 2017

Attention Builders & Developers !! Value in Land. Excellent Piece of Property w/ great development potential. Zoned MR-M w/ potential to build up to 38 Units combined with Parcel Next door. Parcel # 052205-9128. Great property for Apartment complex, Townhomes, Day Care & Assisted Living Facilities etc. EZ access to Panther Lake Shopping Center, Schools, Major Freeways, Churches, all Major Restaurants etc. Rent out both Homes while development process is completed. Priced for a Quick Sale !!!

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

Peng Tea

COMPASS License #22024881

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1046701

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 1959

Lot Details

  • Corner Lot
  • Value in Land

Parking

  • Attached Garage

Home Design

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

Additional Features

  • 1 Fireplace
  • Septic System
  • Partially Finished Basement

Community Details

  • Panther Lake Community

Listing and Financial Details

  • Assessor Parcel Number 0522059037

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,439

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Partially Finished
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1300
  • Square Footage Finished: 1300

Exterior Features

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

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

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

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: 26168
  • Parcel Number: 0522059037

Tax Info

  • Tax Amount: 3916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Kim Chi Sol and Kim Guihua
Bought by
Shafa Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 26, 2016
Closed on
Jun 21, 2017
Sold by
Welch Carlene and Welch Carlene O
Bought by
Kim Chi Sol and Kim Guihua
Seller's Agent
Jessie Cheema
John L. Scott, Inc.
Buyer's Agent
Peng Tea
COMPASS
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%

Purchase Details

Closed on
Oct 23, 2015
Sold by
Welch Carlene
Bought by
Welch Carlene
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 $850,000 Fidelity National Title
Warranty Deed $275,000 Rainier Title Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $595,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $1,395,000 -12.5% --
12/22/2024 12/22/24 For Sale $1,595,000 +480.0% --
08/11/2017 08/11/17 Sold $275,000 -21.4% $212 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $350,000 0.0% $269 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $350,000 0.0% $269 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $350,000 -- $269 / 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 $4,439 $433,000 $292,000 $141,000
2023 $4,018 $374,000 $253,000 $121,000
2022 $3,986 $413,000 $230,000 $183,000
2021 $4,791 $330,000 $185,000 $145,000
2020 $4,705 $383,000 $189,000 $194,000
2018 $4,089 $360,000 $144,000 $216,000
2017 $3,823 $308,000 $131,000 $177,000
2016 $3,916 $292,000 $125,000 $167,000
2015 $3,846 $284,000 $125,000 $159,000
2014 -- $273,000 $125,000 $148,000
2013 -- $217,000 $169,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1046701

Northwest Multiple Listing Service (NWMLS)

APN: 052205-9037