Listed by Westlake Associates, Inc.
NOT LISTED FOR SALE
-- Bed
-- Bath
15,900 Sq Ft
1.07 Acres

Last Sold June 10, 2025

Last sale price $4,726,667 $297 Per Sq Ft

123 Days on Market

Highlights

  • 1.07 Acre Lot
  • Vinyl Plank Flooring
  • 1-Story Property
  • No HOA
  • Wood Siding

About This Home

As of June 2025

21-Unit apartment community. The property is situated on a 1.07 acre lot sitting on two parcels, less than a mile away from Kent Station light rail stop. The apartments have front and back entrances that open up to grassy rear yards, along with off-street parking for residents. The unit interiors feature full size washer and dryer hookups, vaulted ceilings, and fireplaces in the end units. All units have been recently remodeled and buildings have new electrical panels.

Last Agent to Sell the Property

Brian Thirtyacre

Westlake Associates, Inc. License #1648 Listed on: 11/11/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2309915

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,436

Year Built

  • Built in 1962

Lot Details

  • 1.07 Acre Lot
  • 9197100201

Home Design

  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 15,900 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring

Parking

  • 32 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9197100200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,436

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1962
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 15900
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Torch Down
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 32

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 9197100200
  • Lot Size Acres: 1.0749
  • Lot Size Sq Ft: 46824
  • Additional Parcels Description: 9197100201
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.61
  • LeasedItems: None
  • TotalMonthlyIncome: 38494

Tax Info

  • Year: 2024
  • Tax Annual Amount: 41436

Multi Family

  • Number Of Units Total: 21
  • EnergySource: Electric
  • UnitsBelowGrade: false

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2025 06/10/25 Sold $4,726,667 -3.5% $297 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $4,900,000 -8.4% $308 / Sq Ft
11/11/2024 11/11/24 For Sale $5,350,000 +32.1% $336 / Sq Ft
03/21/2022 03/21/22 Sold $4,050,000 -4.7% $255 / Sq Ft View Prior Sale
12/09/2021 12/09/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $4,250,000 -- $267 / 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 $22,661 $2,146,000 $239,300 $1,906,700
2023 $21,829 $1,991,000 $239,300 $1,751,700
2022 $17,085 $1,889,000 $234,400 $1,654,600
2021 $15,885 $1,350,000 $234,400 $1,115,600
2020 $13,288 $1,202,000 $234,400 $967,600
2018 $10,796 $819,050 $214,800 $604,250
2017 $10,033 $739,200 $214,800 $524,400
2016 $9,882 $708,100 $214,800 $493,300
2015 -- $672,000 $215,700 $456,300
2014 -- $609,000 $215,700 $393,300
2013 -- $550,000 $215,700 $334,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2309915

Northwest Multiple Listing Service (NWMLS)