Listed by KW Lake Washington So, Bought with PRO RLTYSRVCS Eastside
NOT LISTED FOR SALE

Estimated Value: $575,418 - $875,000

4 Beds
2 Baths
1,560 Sq Ft
$432/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $175,000 $112 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $4,010/month

83 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Wall to Wall Carpet
  • 0.31 Acre Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of July 2015

Wow! Investors take a look at this opportunity! Pencils out!! Always-has-been-rented duplex in Downtown Kent. Revitalized street and community - wonderful location near Kent Station. Walk to shops, movies, train and more. Close to major freeways and historic Downtown shopping. 2 bedrooms and 1 bath units with decks. Plenty of parking - bring RV toys. Very large, flat and usable yard. Alley access. Professionally maintained landscaping and managed units. Please do not disturb tenants.

Last Agent to Sell the Property

Rosie Rourke

KW Lake Washington So License #23610 Listed on: 04/17/2015

Last Buyer's Agent

Leslie Fuller

PRO RLTYSRVCS Eastside License #28036

PRO RLTYSRVCS Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 769565

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1977

Lot Details

  • 0.31 Acre Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Neely O Brien Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Downtown Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6147600100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,760

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 1236

Schools

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

Lot Info

  • Parcel Number: 6147600100
  • Lot Size Acres: 0.3089
  • Lot Size Sq Ft: 13457
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,RV Parking
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 19740
  • Net Operating Income: 11724
  • Number Of Units Total: 2
  • Electric Expense: 1692
  • Insurance Expense: 756
  • Leasable Area: 1560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2760

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jul 15, 2015
Sold by
Vranizan & Associates
Bought by
Supasatit Iv Llc
Seller's Agent
Rosie Rourke
KW Lake Washington So
Buyer's Agent
Leslie Fuller
PRO RLTYSRVCS Eastside
List Price
$229,950
Sold Price
$175,000
Premium/Discount to List
-$54,950
-23.9%
Current Estimated Value
$673,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,855
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
May 31, 2002
Sold by
Schenk Matiel R
Bought by
Schenk Matiel R and The Schenk Family Living Trust

Purchase Details

Closed on
Oct 16, 1998
Sold by
Hunter Joyce L
Bought by
Schenk Matiel R
Source: Public Records

Range of Values:

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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
Supasatit Iv Llc $175,000 Old Republic
Schenk Matiel R -- Old Republic
Schenk Matiel R -- --
Schenk Matiel R $146,500 Pacific Northwest Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $175,000 -23.9% $112 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $229,950 -- $147 / 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 $5,248 $514,000 $184,000 $330,000
2023 $5,441 $458,000 $184,000 $274,000
2022 $4,967 $518,000 $210,000 $308,000
2021 $4,463 $413,000 $170,000 $243,000
2020 $4,255 $353,000 $146,000 $207,000
2018 $3,724 $313,000 $117,000 $196,000
2017 $3,093 $277,000 $112,000 $165,000
2016 $3,127 $232,000 $127,000 $105,000
2015 $2,887 $223,000 $121,000 $102,000
2014 -- $201,000 $121,000 $80,000
2013 -- $180,000 $121,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 769565

Northwest Multiple Listing Service (NWMLS)

APN: 614760-0100