Listed by T-Square Properties, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

2715 S 256th Place Kent, WA 98032

Estimated Value: $875,000 - $1,029,989

7 Beds
4 Baths
2,896 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $670,000 $231 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,605/month

1 Day on Market

About This Home

As of May 2020

Great Investment Property. Four unit, low maintenance apartment building close to all services. Well maintained with longer term tenants. Three 2BR units and One 1BR unit. Eight total parking spots. Coin Op-Laundry Room provides extra income. Buyer to verify square footage to their satisfaction. Tenants pay for their own separately metered utilities.

Last Agent to Sell the Property

Tom Tollifson

T-Square Properties License #13364 Listed on: 04/23/2020

Last Buyer's Agent

Nelya Calev

John L. Scott, Inc License #97542

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1591510

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,460

Year Built

  • Built in 1977

Lot Details

  • 7,220 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in average condition

Home Design

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

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Western View Estates Condos
  • Lake Fenwick Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9292900240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,460

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Western View Estates
  • New Construction: No
  • CalculatedSquareFootage: 2896
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

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: 765

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 9292900240
  • Lot Size Acres: 0.1657
  • Lot Size Sq Ft: 7220
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4665

Multi Family

  • Gross Scheduled Income: 55980
  • Net Operating Income: 37723
  • Number Of Units Total: 4
  • Electric Expense: 468
  • Insurance Expense: 1000
  • Leasable Area: 2896
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Zhou Yanling
Bought by
Yu Xiaodan
Current Estimated Value
$937,997

Purchase Details

Closed on
Jan 13, 2023
Sold by
Chen Huaiwei and Chen Chunxian
Bought by
Zhou Yanling and Chen Deyu

Purchase Details

Closed on
Nov 7, 2021
Sold by
2715 S 256Th Llc
Bought by
Chen Huaiwei and Li Chunxian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lipstein Allan and Lipstein Sari Brosh
Bought by
2715 S 256Th Llc

Purchase Details

Listed on
Apr 23, 2020
Closed on
May 11, 2020
Sold by
Kundu Abhijit and Banerjee Anwesha
Bought by
Lipstein Allan and Lipstein Sari Brosh
Seller's Agent
Tom Tollifson
T-Square Properties
Buyer's Agent
Nelya Calev
John L. Scott, Inc
List Price
$669,988
Sold Price
$670,000
Premium/Discount to List
$12
0.002%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$502,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 7, 2017
Sold by
Wastell Blaine and Wastell Ellen S
Bought by
Kundu Abhijit and Banerjee Anwesha
Buyer's Agent
Greg Wilhonen
Keller Williams Western Realty
List Price
$499,950
Sold Price
$491,000
Premium/Discount to List
-$8,950
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$150,000
Interest Rate
4.03%

Purchase Details

Closed on
Nov 20, 2003
Sold by
Bialoszewski Jerzy and Bialoszewski Maria
Bought by
Watell Blaine and Wastell Ellen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.25%

Purchase Details

Closed on
Feb 10, 1996
Sold by
Mcmillin Michael J
Bought by
Mcmillin Michael J and Mcmillin Jean
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Yu Xiaodan $313 None Listed On Document
Zhou Yanling -- --
Chen Huaiwei $900,000 Fidelity National Title
2715 S 256Th Llc -- Accommodation
Lipstein Allan $670,000 First American Title
Kundu Abhijit $491,000 Fidelity Natio
Watell Blaine $345,000 Fidelity Natio
Mcmillin Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Huaiwei $540,000
Previous Owner Lipstein Allan $502,500
Previous Owner Kundu Abhijit $150,000
Previous Owner Watell Blaine $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $670,000 0.0% $231 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $669,988 +36.5% $231 / Sq Ft
06/08/2017 06/08/17 Sold $491,000 -1.8% $150 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $499,950 -- $153 / 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 $7,819 $780,000 $200,000 $580,000
2023 $8,473 $833,000 $160,000 $673,000
2022 $8,253 $788,000 $140,000 $648,000
2021 $7,472 $664,000 $120,000 $544,000
2020 $6,579 $566,000 $120,000 $446,000
2018 $6,255 $404,000 $85,000 $319,000
2017 $5,482 $382,000 $80,000 $302,000
2016 $5,665 $345,000 $75,000 $270,000
2015 $4,528 $349,000 $75,000 $274,000
2014 -- $303,000 $75,000 $228,000
2013 -- $313,000 $75,000 $238,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1591510

Northwest Multiple Listing Service (NWMLS)

APN: 929290-0240