Listed by John L. Scott, Inc, Bought with Homes & Equity Real Estate Grp
NOT LISTED FOR SALE

603 E Smith St Kent, WA 98030

Mill Creek - Kent Neighborhood

Estimated Value: $303,358

0.65 Acre
$468,724 Price per Acre
28,192 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $700,000

Current estimated payment $1,925/month

31 Days on Market

Highlights

  • 0.65 Acre Lot
  • No HOA
  • 3-minute walk to Mill Creek Earthworks Park
  • Corner Lot
  • Open Space

About This Lot

As of May 2023

Own a large block of COMMERCIAL land in Downtown Kent! 2 tax lots - 603 & 623 E Smith ST - for a total lot size of 28,193 SQ FT of prime, level, commercial land. Zoned DCET & spanning corner to corner on high traffic, high visibility E Smith ST, this listing offers exciting developmental possibilities! Some uses according to the City of Kent Code incl: Retail, Industrial (light manufacturing, assembly & fabrication), Residential (multi-family townhouses & dwellings), Senior Housing/Assisted Living, Complexes (mixture of office, storage, manufacturing & commercial) & more! Quick access to WA-167, close to Kent Station, Showare Center, shops, restaurants, schools & more! Value is in the land, but enjoy revenue from rents until ready to build.

Last Agent to Sell the Property

Vu Nguyen

John L. Scott, Inc License #103650 Listed on: 08/10/2022

John L. Scott, Inc

Last Buyer's Agent

Jaspinder Athwal

Homes & Equity Real Estate Grp License #109660

Homes & Equity Real Estate Grp

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1978543

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,267

Lot Details

  • 0.65 Acre Lot
  • Open Space
  • Corner Lot
  • Level Lot
  • Zoning described as DCET

Community Details

  • No Home Owners Association
  • Clarks 2Nd Add To Kent Condos
  • Downtown Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1612500310

Property Details

Property Type

Land

Est. Annual Taxes

$7,267

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Clarks 2nd Add to Kent
  • CalculatedSquareFootage: 0
  • PropertyFeatures: Brush,Garden/Fruit Trees,Partially Cleared
  • Restrictions: Unknown
  • Improvements: Cable TV Available,Dwelling,Outbuilding(s)
  • LevelComment: Essentially leveled
  • Special Features: None
  • Cumulative Days on Market: 839

Interior Features

  • Possible Use: Commercial, Industrial, Multi-Family, Office, Residential, Retail
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Corner Lot, Curbs, Open Space, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved
  • RoadOnWhichSide: W, S & E
  • WaterJurisdiction: City of Kent

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 1612500310
  • Topography: Level
  • Lot Size Acres: 0.6472
  • Lot Size Sq Ft: 28193
  • Zoning Description: DCET
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Industrial-Light,Multi-Family,Office,Residential,Retail

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7267
  • AdditionalTaxIds: 1612500312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
May 26, 2023
Sold by
Athwal Krystal
Bought by
Athwal Jaspinder
Seller's Agent
Vu Nguyen
John L. Scott, Inc
Buyer's Agent
Jaspinder Athwal
Homes & Equity Real Estate Grp
List Price
$999,990
Sold Price
$700,000
Premium/Discount to List
-$299,990
-30%
Views
1
Current Estimated Value
$303,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$396,642

Purchase Details

Closed on
Aug 28, 2000
Sold by
Nowak Susan Avone
Bought by
Panlasigui Fernando G and Panlasigui Corazon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
8.2%

Purchase Details

Closed on
Sep 9, 1993
Sold by
Nowak Frank D
Bought by
Nowak Susan Avone
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
Athwal Jaspinder -- First American Title
Athwal Jaspinder $300,000 First American Title Insurance
Panlasigui Fernando G $92,000 Pacific Northwest Title
Nowak Susan Avone -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Athwal Jaspinder $501,275
Previous Owner Panlasigui Fernando G $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $700,000 -30.0% --
09/10/2022 09/10/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $999,990 -- --
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 $3,163 $285,300 $173,400 $111,900
2023 $2,997 $274,900 $149,600 $125,300
2022 $3,066 $264,900 $149,600 $115,300
2021 $3,021 $237,900 $141,800 $96,100
2020 $2,853 $224,500 $141,800 $82,700
2018 $2,948 $209,000 $105,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Vu Nguyen

    Seller's Agent in 2023

    Vu Nguyen

    John L Scott

    (206) 226-4197

    1 in this area

    43 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jaspinder Athwal

    Homes & Equity Real Estate Grp

    (206) 919-6882

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1978543

Northwest Multiple Listing Service (NWMLS)

APN: 161250-0312

Washington King County Kent 98030 Mill Creek - Kent

603 E Smith St, Kent, WA

This home is located at 603 E Smith St, Kent, WA 98030 since 10 August 2022 and is currently estimated at $303,358. 603 E Smith St is a home located in King County with nearby schools including East Hill Elementary School, Mill Creek Middle School, and Kent-Meridian High 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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