Listed by 206 REALTY LLC, Bought with Best Choice Network LLC
NOT LISTED FOR SALE

Estimated Value: $888,000 - $1,431,781

10 Beds
4 Baths
3,210 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2021

Last sale price $1,100,000 $343 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,841 / mo

21 Days on Market

Highlights

  • 0.48 Acre Lot
  • High Speed Internet
  • 1-Story Property
  • Territorial View
  • Wood Siding

About This Home

As of February 2021

Outstanding opportunity with an unbeatable location! Nearly 1/2 acre lot w/2 separate duplex units- 4 rentals! Short walk to Sounder, Kent Station w/restaurants, theaters, retail shops & KC Regional Justice Center. City of Kent continues its steady growth & revitalization of the downtown core. Property has 1 duplex facing 4th Ave. & 2nd one faces Cloudy St. Property borders rear parking lot of Showare Center home of The Seattle Thunderbirds with a nice pedestrian buffer. Fully remodeled!

Last Agent to Sell the Property

Vasi Nemes, Jr.

206 REALTY LLC License #25874 Listed on: 12/29/2020

Co-Listed By

Andreea Mogovan

HomeSmart Real Estate Assoc License #134801

Last Buyer's Agent

Elie Saad

Best Choice Network LLC License #121992

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1712425

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942 | Remodeled

Lot Details

  • 20,950 Sq Ft Lot

Parking

  • Open Parking

Home Design

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

Interior Spaces

  • 3,210 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Territorial Views

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1322049144

Property Details

Home Type

Multi-Family

Year Built

Built in 1942 | Remodeled

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1942
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Quadruplex
  • CalculatedSquareFootage: 3210
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Forced Air, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 1322049144
  • Lot Size Acres: 0.4809
  • Lot Size Sq Ft: 20950
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 6850

Tax Info

  • Year: 2020

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 16, 2021
Sold by
Bought by
Seller's Agent
Vasi Nemes, Jr.
206 REALTY LLC
Buyer's Agent
Elie Saad
Best Choice Network LLC
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Current Estimated Value
$1,128,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,195
Avg. Annual Appreciation
0.46%
Original Mortgage
$825,000
Outstanding Balance
$721,830
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$406,365

Purchase Details

Closed on
Dec 1, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2020
Sold by
Bought by

Purchase Details

Listed on
May 9, 2018
Closed on
Aug 28, 2018
Sold by
Bought by
Seller's Agent
Lori Bakken
Redfin
Buyer's Agent
Vasi Nemes, Jr.
206 REALTY LLC
List Price
$685,000
Sold Price
$525,000
Premium/Discount to List
-$160,000
-23.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$393,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1992
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 1991
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Kent, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Cw Title
-- Wfg Natl Ttl Co Of Wa Llc
-- None Available
$525,000 Cw Title
$163,900 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $825,000
Previous Owner $510,000
Previous Owner $393,750
Previous Owner $208,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $1,100,000 -4.3% $343 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $1,150,000 +119.0% $358 / Sq Ft
09/05/2018 09/05/18 Sold $525,000 -23.4% $164 / Sq Ft View Prior Sale
07/28/2018 07/28/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $685,000 0.0% $213 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $685,000 -- $213 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,674 $680,000 $207,000 $473,000
2024 $6,855 $657,000 $187,000 $470,000
2023 $7,080 $585,000 $187,000 $398,000
2022 $6,479 $663,000 $230,000 $433,000
2021 $5,826 $529,000 $186,000 $343,000
2020 $5,551 $452,000 $159,000 $293,000
2018 $4,902 $401,000 $127,000 $274,000
2017 $4,405 $355,000 $121,000 $234,000
2016 $4,407 $321,000 $147,000 $174,000
2015 $4,080 $306,000 $140,000 $166,000
2014 -- $276,000 $140,000 $136,000
2013 -- $248,000 $140,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1712425

Northwest Multiple Listing Service (NWMLS)

APN: 132204-9144

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