Listed by Skyline Properties, Inc., Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $914,441 - $1,047,000

6 Beds
5 Baths
3,300 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $875,600 $265 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,770/month

40 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Ceramic Tile Flooring
  • Territorial View
  • Patio
  • High Speed Internet

About This Home

As of January 2023

Turn key investment-this property is set up as a duplex for instant income, multigen living, or restore into a traditional SF. Investors dream & first time home buyers best opportunity! Front unit: 3 BR (top floor) + bonus room x 2.5 BA. Master suite, private bath & walk-in closet. Back unit: 3 BR x 2 BA townhome w/2 car garage can be rented for $2800/month! New kitchens, SS appliances, quartz counters, carpet & flooring. Fenced yard w/shed for Xtra storage. New roof & gutters, vaulted ceilings, flooded w/natural light & RV parking. Near DT Kent, freeways, Blue Origin, IKEA & more. Centrally located to Bellevue, Seattle & Tacoma. Don’t miss this easy opportunity to grow your wealth today!

Last Agent to Sell the Property

Stephanie Wang

Skyline Properties, Inc. License #112950 Listed on: 11/10/2022

Skyline Properties, Inc.

Co-Listed By

Zachary Niehaus

Skyline Properties, Inc. License #128066

Last Buyer's Agent

Kevin Lam

eXp Realty License #122340

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2015928

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 5,080 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

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

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Panther Lake Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Kent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6147600264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,868

Year Built

Built in 1991 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 6147600264
  • Lot Size Acres: 0.1166
  • Lot Size Sq Ft: 5080
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.29
  • LeasedItems: None
  • TotalMonthlyIncome: 6100

Multi Family

  • Gross Scheduled Income: 73200
  • Net Operating Income: 66132
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 3300
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5868

MLS Schools

  • Elementary School: Panther Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Jan 4, 2023
Sold by
Zhang Yuan
Bought by
Kinnison Krissie Marie and Ribble Zandra
Seller's Agent
Stephanie Wang
Skyline Properties, Inc.
Buyer's Agent
Kevin Lam
eXp Realty
List Price
$899,950
Sold Price
$875,600
Premium/Discount to List
-$24,350
-2.71%
Views
69
Current Estimated Value
$966,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,260
Avg. Annual Appreciation
3.71%
Original Mortgage
$54,500
Outstanding Balance
$52,897
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$913,963

Purchase Details

Closed on
Jan 19, 1999
Sold by
Sharp Thomas N and Sharp Jane L
Bought by
Zhang Yuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,450
Interest Rate
6.73%

Purchase Details

Closed on
Nov 23, 1992
Sold by
Morford Gary A and Morford Tammie R
Bought by
T N S Properties Profit Sharin

Purchase Details

Closed on
Feb 27, 1992
Sold by
Tnx America Corporation
Bought by
Morford Gary A and Morford Tammie 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
Kinnison Krissie Marie $875,600 First American Title Insurance
Zhang Yuan $189,950 --
T N S Properties Profit Sharin $147,000 --
Morford Gary A $29,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinnison Krissie Marie $54,500
Previous Owner Zhang Yuan $180,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $875,600 +3.0% $265 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/06/2022 12/06/22 Price Changed $849,950 -5.6% $258 / Sq Ft
11/23/2022 11/23/22 For Sale $899,950 0.0% $273 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $899,950 -- $273 / 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 $7,725 $757,000 $160,000 $597,000
2023 $6,427 $674,000 $160,000 $514,000
2022 $5,868 $604,000 $190,000 $414,000
2021 $5,287 $482,000 $154,000 $328,000
2020 $5,194 $412,000 $132,000 $280,000
2018 $4,597 $378,000 $105,000 $273,000
2017 $3,712 $335,000 $100,000 $235,000
2016 $3,727 $270,000 $111,000 $159,000
2015 $3,470 $259,000 $106,000 $153,000
2014 -- $234,000 $106,000 $128,000
2013 -- $210,000 $106,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2015928

Northwest Multiple Listing Service (NWMLS)

APN: 614760-0264