Listed by Keller Williams Rty Tacoma, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

27531 148th Ave SE Kent, WA 98042

Estimated Value: $617,000 - $1,204,393

0.16 Acre
$6,723,882 Price per Acre
6,799 Sq Ft Lot

Last Sold March 04, 2024

Last sale price $300,000

Est. 250% increase in value since last sale

Current estimated payment $5,960/month

40 Days on Market

About This Lot

As of March 2024

Welcome to Lot #5 of nine lots in this enclave gated community located directly across the street from Lake Meridian. 6,779 sq ft level, partially fenced ready to go. Foundation is already poured! Water, sewer, gas and electricity are stubbed to the property. Bring your builder and build your dream home! Shopping, entertainment and restaurants are all nearby. Easy commute to Hwy 18, 167 and more. Four homes are completed in the neighborhood. Rendering is shown to see the possibilities.

Last Agent to Sell the Property

Rochelle Chorak

Keller Williams Rty Tacoma License #135193 Listed on: 11/10/2023

Keller Williams Rty Tacoma

Co-Listed By

Shelly Crane

Keller Williams Rty Tacoma License #17905

Last Buyer's Agent

Taj Sukhija

Kelly Right RE of Seattle LLC License #84731

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2179138

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $905

Lot Details

  • 6,799 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

HOA Fees

  • $45 Monthly HOA Fees

Community Details

  • Association fees include common area maintenance
  • Lake Meridian Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3422059266

Property Details

Property Type

Land

Est. Annual Taxes

$905

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Restrictions: CC&R
  • Improvements: Fenced-Partially
  • Special Features: None
  • Cumulative Days on Market: 584

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 45
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 3422059266
  • Topography: Level
  • Lot Size Acres: 0.1561
  • Lot Size Sq Ft: 6799
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County

Tax Info

  • Year: 2023
  • Tax Annual Amount: 905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Amrutha Kachireddy and Reddy Edula Nagaraja
Bought by
Reddy Edula Nagaraja
Current Estimated Value
$1,049,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Outstanding Balance
$666,255
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$168,853

Purchase Details

Closed on
Dec 26, 2024
Sold by
Tripathi Bhagyashree
Bought by
Mishra Sumit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Outstanding Balance
$666,255
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$168,853

Purchase Details

Listed on
Nov 10, 2023
Closed on
Feb 7, 2024
Sold by
Beautiful Dreams Nw Llc
Bought by
Snsr Properties Llc
Seller's Agent
Rochelle Chorak
Keller Williams Rty Tacoma
Buyer's Agent
Taj Sukhija
Kelly Right RE of Seattle LLC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.79%
Original Mortgage
$643,616
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2021
Sold by
Purewal Pavitarpal and Purewal Kulbir
Bought by
Beautiful Dreams Nw Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reddy Edula Nagaraja $313 Ticor Title
Kovuru Rajkumar $313 Ticor Title
Boreddy Showreddy $313 Ticor Title
Mishra Sumit $313 Ticor Title
Mishra Sumit $313 Ticor Title
Snsr Properties Llc $300,000 None Listed On Document
Beautiful Dreams Nw Llc $410,000 Chicago Title Company Of Wa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boreddy Showreddy $668,000
Previous Owner Snsr Properties Llc $643,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $300,000 -7.7% --
12/20/2023 12/20/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $325,000 -- --
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 $2,484 $259,000 $259,000 --
2023 $1,930 $192,000 $192,000 $0
2022 $2,046 $180,000 $180,000 $0
2021 $693 $179,000 $179,000 $0
2020 $672 $57,000 $57,000 $0
2018 -- $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2179138

Northwest Multiple Listing Service (NWMLS)

APN: 342205-9266