20244 108th Avenue SE
Kent, WA 98031
- 8 beds
- 3 baths
- 2,380 sqft
- ~1 acre lot
- $535 per sqft
- 1955 build
Earn a lavish cash flow with awesome long-term tenants while going through the development process. Property has historically been used as a non-conforming duplex, but with MR-M zoning, the possibility exists to convert existing home into a conforming multi-family dwelling or keep as-is. 20+ units can be built on the existing parcel; work with the owners of the corner lot and potentially cost share in some of the development. New state laws have passed likely making it more favorable for lucrative development options, City of Kent in process of incorporating these changes to their Comprehensive Plan to be finished in summer of 2025. No critical areas! Current NOI= $42,181
Last checked:
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Checking…
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Last updated Nov 14, 2024
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MLS# 2285401 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1955
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Year Built:1955
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Year Built Source:Public Records
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New Construction:false
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Building Information:Built On Lot
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Structure Type:House
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Exterior Features:Wood
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Roof:Composition
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Foundation Details:Poured Concrete
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Security Features:PartiallyFenced
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Levels:One
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Building Area Total:2380
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Building Area Units:Square Feet
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Calculated SqFt:2380
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SqFt Source:see remarks
Interior
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Interior Features:Second Kitchen, Hardwood, Wall to Wall Carpet
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Living Area:2380
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Flooring:Hardwood, Vinyl, Vinyl Plank, Carpet
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Fireplace:false
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Finished SqFt:2380
Financial & Terms
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Possession:Closing, Tenant's Rights
Location
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Latitude:47.420079
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Longitude:-122.196388
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Directions:GPS works
The Property
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Property Type:Residential
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Property Subtype:Residential
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Property Condition:Good
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Parcel Number:0522059128
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Lot Features:Curbs, Secluded, Value In Land
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Lot Size Units:Square Feet
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Lot Size Acres:1.0631
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Lot Size SqFt:46310
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Lot Size Source:public records
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Zoning Jurisdiction:City
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Land Lease:false
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (253) 565-3683
- Office phone:
- (253) 565-3683
Taxes
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Tax Year:2024
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Tax Annual Amount:6339
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
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Bedrooms Upper Level:4
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Bedrooms Lower Level:4
Baths
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Total Baths:3
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Baths:3
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Full Baths:3
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Upper Level Full Baths:1
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Lower Level Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Forced Air
Utilities
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Water Company:Soos Creek
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Water Source:Public, See Remarks
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Sewer:Available, Septic Tank
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Power Company:Pse
Appliances
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Appliances:See Remarks
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Appliances Included:See Remarks
Schools
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Elementary School:Glenridge Elem
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Middle Or Junior School:Meeker Jnr High
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High School:Kentridge High
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High School District:Kent
The Community
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Subdivision Name:Panther Lake
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Senior Community:false
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Association:false
Parking
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Parking Features:Off Street
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Open Parking:false
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Attached Garage:false
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Garage SqFt:340
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Carport:false
Listing courtesy of NWMLS / Dove Realty, Inc.
Monthly cost estimate
Asking price
$1,275,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,827
|
| Taxes | $528 |
| Insurance | $350 |
| Utilities | $162 See report |
| Total | $7,867/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/16/24
Sep 16, 2024
|
Pending | NWMLS | $1,275,000 | |
|
8/31/24
Aug 31, 2024
|
Listed / Active | NWMLS | $1,275,000 | 207.2% (28.1% / YR) |
|
7/27/24
Jul 27, 2024
|
Listed / Active | NWMLS |
