Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE

23816 100th Ave SE Kent, WA 98031

East Hill Neighborhood
-- Bed
-- Bath
33,000 Sq Ft
2.76 Acres

Last Sold November 21, 2019

Last sale price $4,575,000 $139 Per Sq Ft

33 Days on Market

Highlights

  • 2.76 Acre Lot
  • Kentwood High School Rated A-
  • Wood Siding

About This Home

As of November 2019

Land Lease Opportunity! 44-unit community located near Kent’s Easthill neighborhood. All 2BD/1BTH units with W/D hookups. 35 units have a W/D installed. The apartments are located within a reasonable commuting distance from several major employment centers to the north and south and offers double digit cash flow. The property is a prime target for renovation and repositioning.

Last Agent to Sell the Property

Dave Meissner

Paragon Real Estate Advisors License #44841 Listed on: 08/22/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1508834

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $62,119

Year Built

  • Built in 1960

Lot Details

  • 2.76 Acre Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 33,000 Sq Ft Home
  • 2-Story Property

Parking

  • 87 Parking Spaces
  • Open Parking

Community Details

  • East Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1722059153

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$62,119

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1960
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 33000
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 87
  • Open Parking: Yes
  • Total Parking Spaces: 87
  • ParkingUncoveredSpaces: 87

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 57550

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 1722059153
  • Lot Size Acres: 2.7595
  • Lot Size Sq Ft: 120206
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 42360

Multi Family

  • Gross Scheduled Income: 508321
  • Net Operating Income: 184759
  • Number Of Units Total: 44
  • Insurance Expense: 7560
  • Leasable Area: 33000
  • UnitsInBuildingTotal: 44
  • UnitsBelowGrade: false
  • VacancyRate: 7

Tax Info

  • Year: 2019
  • Tax Annual Amount: 62119

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $4,575,000 +4.0% $139 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $4,400,000 -- $133 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Meissner

    Seller's Agent in 2019

    Dave Meissner

    Paragon Real Estate Advisors

    (206) 623-8880

    2 Total Sales

    Dave Meissner
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1508834

Northwest Multiple Listing Service (NWMLS)
Washington King County Kent 98031 East Hill

23816 100th Ave SE, Kent, WA

This home is located at 23816 100th Ave SE, Kent, WA 98031 since 22 August 2019. This property was built in 1960. 23816 100th Ave SE is a home located in King County with nearby schools including East Hill Elementary School, Kentwood High School, and Sunbeams Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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