Listed by Keller Williams Realty PS, Bought with Berkshire Hathaway HS NW
NOT LISTED FOR SALE

Estimated Value: $496,000 - $567,000

3 Beds
2 Baths
1,096 Sq Ft
$487/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $550,000 $502 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,262/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Thermal Windows
  • Disabled Access
  • Wood Flooring
  • Patio
  • Central Air

About This Home

As of January 2016

Incredibly unique detached rentals - 2 houses + 2 apartments on 2 parcels! Live in one, rent the others. Houses are 3 bed/1.75 bath 1096 sq ft. ramblers. Vaulted ceilings, light & bright, hardwood floors, air conditioning. Built in 2003, both with ramps to front door. Separated by a grassy courtyard, 2 detached garages + laundry & heated storage w/1 bedroom apartments above. Floor plan available to view. All appliances stay. Built in 2005 & always fully rented. Cap rate based on pro forma.

Last Agent to Sell the Property

Heidi North

Keller Williams Realty PS License #25707 Listed on: 11/25/2015

Keller Williams Realty PS

Last Buyer's Agent

Ameet Prasad

Berkshire Hathaway HS NW License #80882

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 873083

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 2004

Lot Details

  • 5,080 Sq Ft Lot
  • Dog Run
  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 9 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6146600285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,904

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Accessibility Features: Other
  • Year Built: 2004
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1096
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Hardwood, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent
  • WaterSewerGarbage: 5240

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 6146600285
  • Lot Size Acres: 0.1166
  • Lot Size Sq Ft: 5080
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Disabled Access,Dog Run,Fenced-Partially,Outbuildings,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2550

Multi Family

  • Gross Scheduled Income: 30600
  • Net Operating Income: 17342
  • Number Of Units Total: 6
  • Electric Expense: 600
  • Insurance Expense: 1514
  • Leasable Area: 3152
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2015
Closed on
Jan 25, 2016
Sold by
Mccluer Cynthia
Bought by
Sangha Tejpal S and Sangha Victoria M
Seller's Agent
Heidi North
Keller Williams Realty PS
Buyer's Agent
Ameet Prasad
Berkshire Hathaway HS NW
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$533,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,160
Avg. Annual Appreciation
-0.31%
Original Mortgage
$220,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Mccluer Angelica
Bought by
Mccluer Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 2003
Sold by
Traditions Design/Build Corp
Bought by
Mccluer Cynthia and Mccluer Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,950
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
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
Sangha Tejpal S $275,000 First American
Mccluer Cynthia -- Fidelity Natio
Mccluer Cynthia $189,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangha Tejpal S $220,000
Previous Owner Mccluer Cynthia $220,000
Previous Owner Mccluer Cynthia $170,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $550,000 0.0% $502 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/25/2015 11/25/15 For Sale $550,000 -- $502 / 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 $5,184 $512,000 $160,000 $352,000
2023 $5,037 $456,000 $160,000 $296,000
2022 $4,597 $481,000 $190,000 $291,000
2021 $4,131 $384,000 $154,000 $230,000
2020 $4,056 $328,000 $132,000 $196,000
2018 $3,555 $300,000 $105,000 $195,000
2017 $3,169 $266,000 $100,000 $166,000
2016 $3,197 $241,000 $111,000 $130,000
2015 $2,952 $231,000 $106,000 $125,000
2014 -- $208,000 $106,000 $102,000
2013 -- $186,000 $106,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 873083

Northwest Multiple Listing Service (NWMLS)

APN: 614660-0285