Listed by LISTINGS.COM, Bought with Multifamily Properties
NOT LISTED FOR SALE

Estimated Value: $391,000 - $482,000

2 Beds
2 Baths
1,150 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $320,000 $278 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,629/month

33 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio
  • Gated Home
  • 1-Story Property

About This Home

As of October 2021

Duplex in Downtown Kent,Great for Owner Occupied Investment or will Cash Flow easy for an investor.Rents out very easy if need be and can get $1100 pr mth.Long term tenant in front unit on mth to mth lease,walking distance to Kent Station-Sounder Transit and ShoWare.
Park and Ride is 2 blks away.Nice Yard for both Front and Back unit with back unit having a patio,alley access also along with carport and large storage area.Each 575 Square feet unit is the same,1 Bedroom,1 Bath, Kitchen with Eating Space,Living room,Stackable Washer & Dryers & Full Bath.Close to all shopping and freeways.No H.O.A.,yard for pets,parking right in front of your home.Roof is 20 yrs old, recently bldg & concrete washed.Basic Home warranty paid for at closing.

Last Agent to Sell the Property

Michelle Johnston

LISTINGS.COM License #129137 Listed on: 08/20/2021

Co-Listed By

Dane Johnston

LISTINGS.COM License #10551

Last Buyer's Agent

Brandon Vukelich

Multifamily Properties License #27939

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1815368

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1955

Lot Details

  • 4,960 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • North Park Addition To Kent Condos
  • Kent Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 6146600015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,484

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1955
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: North Park Addition to Kent
  • New Construction: No
  • CalculatedSquareFootage: 1150
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Buyers Broker must be present for comm.
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Block, Post & Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecurityGate, PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: P.S.E.
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Mill Creek Mid Sch

Lot Info

  • Parcel Number: 6146600015
  • Lot Size Acres: 0.1139
  • Lot Size: 4,960
  • Lot Size Sq Ft: 4960
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 750

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3484

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 14, 2021
Sold by
Johnston Dane L and Estate Of Lana M Johnston
Bought by
Tseng Li Wei
Seller's Agent
Michelle Johnston
LISTINGS.COM
Buyer's Agent
Brandon Vukelich
Multifamily Properties
List Price
$349,999
Sold Price
$320,000
Premium/Discount to List
-$29,999
-8.57%
Current Estimated Value
$433,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,848
Avg. Annual Appreciation
7.61%
Original Mortgage
$240,000
Outstanding Balance
$218,858
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$214,990

Purchase Details

Closed on
May 20, 1999
Sold by
Vay Jack Gregory and Vay Teresa Gayle
Bought by
Johnston Lana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 1992
Sold by
Taylor Sr James G and Mills Lois L
Bought by
Vay Teresa Gayle and Jack Gregory

Purchase Details

Closed on
Apr 1, 1992
Sold by
Taylor Sr James G
Bought by
Taylor James G and Mills Lois Lee
Source: Public Records

Range of Values:

--
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

Purchase History

Date Buyer Sale Price Title Company
Tseng Li Wei $320,000 First American Title
Johnston Lana M $93,671 --
Vay Teresa Gayle -- --
Taylor James G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tseng Li Wei $240,000
Previous Owner Johnston Lana M $97,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $320,000 -5.9% $278 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $339,999 -2.9% $296 / Sq Ft
08/30/2021 08/30/21 For Sale $349,999 0.0% $304 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $349,999 -- $304 / 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 $4,184 $411,000 $144,000 $267,000
2023 $3,896 $366,000 $144,000 $222,000
2022 $3,876 $405,000 $168,000 $237,000
2021 $3,485 $323,000 $136,000 $187,000
2020 $3,326 $276,000 $117,000 $159,000
2018 $2,914 $245,000 $94,000 $151,000
2017 $1,674 $217,000 $90,000 $127,000
2016 $1,681 $121,000 $34,000 $87,000
2015 $1,566 $116,000 $33,000 $83,000
2014 -- $105,000 $33,000 $72,000
2013 -- $94,000 $33,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1815368

Northwest Multiple Listing Service (NWMLS)

APN: 614660-0015