K
Seller's Agent in 2023
Kyle Simon
Global Real Estate Group LLC
(206) 228-6043
2 in this area
6 Total Sales
Listed by Global Real Estate Group LLC, Bought with COMPASS
723 1st Ave S Kent, WA 98032
South Kent Neighborhood
2
Beds
2
Baths
3,992
Sq Ft
9,316
Sq Ft Lot
Highlights
- Engineered Wood Flooring
- Baseboard Heating
- Property is in very good condition
- No HOA
About This Home
As of August 2023Huge cash flowing property!! ZERO owner utility expense, tenants pay all utilities. Maintained meticulously; hard to find Townhome style units w/ convenient half bath on main floor. Spacious units feel & rent like 3 bdrms due to an original partition wall in all units (closet & egress included). Always rent fast & stay rented! Each unit with its own patio & fully fenced private yard. Prime location in Kent! One of the largest industrial corridors in the nation is just two minutes away. A job hub that provides over 100,000 jobs to local residents! Rental income exceeds $110k at market rents. Room for future improvement with a permit for a 3rd bdrm. Turn key, cash flowing asset. (May be purchased with adjacent building MLS: 2039401)
Last Agent to Sell the Property
Global Real Estate Group LLC License #27563 Listed on: 03/01/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2039429
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,400
Year Built
- Built in 1979
Lot Details
- 9,316 Sq Ft Lot
- Property is in very good condition
Parking
- Open Parking
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Vinyl Construction Material
Interior Spaces
- 3,992 Sq Ft Home
- 2-Story Property
Flooring
- Engineered Wood
- Wall to Wall Carpet
- Laminate
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
- Kent Subdivision
Listing and Financial Details
- Assessor Parcel Number 9197100322
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
Mar 1, 2023
Closed on
Aug 14, 2023
Sold by
Bought by
Seller's Agent
Kyle Simon
Global Real Estate Group LLC
Buyer's Agent
Sue Dhillon
COMPASS
List Price
$1,249,000
Sold Price
$1,150,000
Premium/Discount to List
-$99,000
-7.93%
Views
222
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
0.0671%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 10, 2022
Closed on
Feb 18, 2022
Sold by
Bought by
Seller's Agent
Marius Ion
COMPASS
Buyer's Agent
Marius Ion
COMPASS
List Price
$849,998
Sold Price
$950,000
Premium/Discount to List
$100,002
11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%
Original Mortgage
$824,750
Interest Rate
0.0355%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2021
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
$258,450
Interest Rate
0.0225%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2004
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
$300,000
Interest Rate
0.0462%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 20, 2004
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
$300,000
Interest Rate
0.0462%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 2, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 12, 2001
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
$420,000
Interest Rate
0.0754%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 24, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,150,000 | Rainier Title | ||
| $950,000 | New Title Company Name | ||
| -- | Accommodation | ||
| -- | -- | ||
| $400,000 | Ticor National | ||
| -- | Chicago Title Insurance Co | ||
| -- | Chicago Title Insurance Co | ||
| -- | -- | ||
| $390,000 | -- |
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 | $700,000 | ||
| Previous Owner | $824,750 | ||
| Previous Owner | $258,450 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $420,000 |
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 |
|---|---|---|---|---|---|
| 08/15/2023 08/15/23 | Sold | $1,150,000 | -7.9% | $288 / Sq Ft | |
| 06/08/2023 06/08/23 | Pending | -- | -- | -- | |
| 04/28/2023 04/28/23 | For Sale | $1,249,000 | 0.0% | $313 / Sq Ft | |
| 03/12/2023 03/12/23 | Pending | -- | -- | -- | |
| 03/01/2023 03/01/23 | For Sale | $1,249,000 | +31.5% | $313 / Sq Ft | |
| 02/24/2022 02/24/22 | Sold | $950,000 | +11.8% | $238 / Sq Ft | View Prior Sale |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- | |
| 02/10/2022 02/10/22 | For Sale | $849,998 | -- | $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 | $14,005 | $1,201,000 | $156,000 | $1,045,000 |
| 2024 | $12,614 | $1,161,000 | $155,000 | $1,006,000 |
| 2023 | $11,473 | $951,000 | $155,000 | $796,000 |
| 2022 | $10,400 | $1,027,000 | $150,000 | $877,000 |
| 2021 | $9,679 | $804,000 | $150,000 | $654,000 |
| 2020 | $8,376 | $717,000 | $150,000 | $567,000 |
| 2018 | $6,965 | $551,000 | $113,000 | $438,000 |
| 2017 | $5,944 | $467,000 | $113,000 | $354,000 |
| 2016 | $5,575 | $405,000 | $93,100 | $311,900 |
| 2015 | $5,358 | $362,000 | $90,000 | $272,000 |
| 2014 | -- | $336,000 | $90,000 | $246,000 |
| 2013 | -- | $364,000 | $80,000 | $284,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Simon
-
Sue Dhillon
Buyer's Agent in 2023
Sue Dhillon
COMPASS
(425) 894-9007
2 in this area
100 Total Sales
-
Marius Ion
Seller's Agent in 2022
Marius Ion
COMPASS
(425) 466-7876
2 in this area
154 Total Sales
-
Duy Hoang
D
Seller Co-Listing Agent in 2022
Duy Hoang
COMPASS
(425) 628-4368
2 in this area
44 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2039429
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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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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