Listed by RE/MAX Metro Realty, Inc., Bought with John L. Scott, Inc
NOT LISTED FOR SALE

27229 116th Place SE Kent, WA 98030

East Hill Neighborhood

Estimated Value: $535,000 - $797,000

0.28 Acre
$2,378,571 Price per Acre
12,197 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $37,000

Est. 2,250% increase in value since last sale

Current estimated payment $4,629/month

About This Lot

As of September 2021

Settled Residential Area. Here's your chance to acquire what is probably the last available parcel. Situated on a low traffic on cul-de-sac in Kent. Water and electric in the street. Sewer is also accessible. You're not required to build immediately. You can land bank this and hold the property as an investment for future appreciation or continue with development.

Last Agent to Sell the Property

Mark Foley

RE/MAX Metro Realty, Inc. License #17201 Listed on: 05/14/2021

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

George Graham

John L. Scott, Inc License #26889

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1774562

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12

Lot Details

  • Cul-De-Sac
  • Level Lot

Community Details

  • Kent Community

Listing and Financial Details

  • Assessor Parcel Number 2005600130

Property Details

Property Type

Land

Est. Annual Taxes

$12

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: South
  • Water Jurisdiction: City Of Kent

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: Available
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: Kent

Schools

  • School District: KNT

Lot Info

  • Lot Number: 13
  • General Zoning Classification: Residential
  • Improvements: Cable Tv Available
  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 12320
  • Parcel Number: 2005600130
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: R4

Tax Info

  • Tax Amount: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Sep 13, 2021
Sold by
Leavenwerk Properties Llc
Bought by
Cao Brian
Seller's Agent
Mark Foley
RE/MAX Metro Realty, Inc.
Buyer's Agent
George Graham
John L. Scott, Inc
List Price
$44,975
Sold Price
$37,000
Premium/Discount to List
-$7,975
-17.73%
Current Estimated Value
$869,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,500
Avg. Annual Appreciation
104.15%

Purchase Details

Closed on
Apr 25, 2019
Sold by
Leavenwerk Properties Llc
Bought by
Cao Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7%

Purchase Details

Closed on
Jun 18, 2018
Sold by
County Of King
Bought by
Leavenwerk Properties Llc

Purchase Details

Closed on
Dec 16, 2011
Sold by
Matheson Scott
Bought by
King County

Purchase Details

Closed on
Dec 14, 2007
Sold by
Sanders Phil
Bought by
Looney William A

Purchase Details

Closed on
Dec 12, 2003
Sold by
Guy Ken
Bought by
Federal Asset Recovery Inc
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 Buyer Sale Price Title Company
Cao Brian -- First American Title
Chung Joey $37,000 First American Title
Cao Brian $34,500 First American Title
Leavenwerk Properties Llc $29,100 None Available
King County -- None Available
Looney William A -- None Available
Federal Asset Recovery Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cao Brian $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $37,000 -7.4% --
08/25/2021 08/25/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $39,975 -11.1% --
05/14/2021 05/14/21 For Sale $44,975 -- --
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 $12 $54,000 $54,000 --
2023 $12 $40,000 $40,000 $0
2022 $17 $38,000 $38,000 $0
2021 $12 $87,000 $87,000 $0
2020 $17 $0 $0 $0
2018 $8 $0 $0 $0
2017 $11 $67,000 $67,000 $0
2016 $8 $67,000 $67,000 $0
2015 $11 $67,000 $67,000 $0
2014 -- $67,000 $67,000 $0
2013 -- $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1774562

Northwest Multiple Listing Service (NWMLS)

APN: 200560-0130