tomo logo

$950,000

Beds
3
Baths
1.0
sq ft
1,608

12013 SE Kent Kangley Rd, Kent, WA 98030

12013 SE Kent Kangley Rd

Kent, WA 98030

  • 1 day on market
ATTENTION INVESTORS! Discover this prime investment opportunity for shy 5 acres zoned R6. Front of property is located on Kent Kangley with a 1,608 sf, 2 bedroom 1 bath fixer built in 1938. Lower level partially finished out with kitchen, bedroom and 3/4 bath. Back of property is accessed from 120th Ave SE & holds opportunities for development. Wetlands cross the middle of the property & a Sensitive Area Easement has been granted to the City of Kent. Build your custom home or subdivide and build multiple homes, all while enjoying the privacy a wetland buffer will offer, providing a unique balance between development & nature preservation.

Details

Property type

Single Family Residence

Est. home value

$633,150

Property condition

Fixer

Lot size

4.97 acres

Price per sq ft

$591

Year built

1938

Annual property taxes

$4,821

Price History

09/19/2024
NorthwestMLS

NorthwestMLS #2291323

Listed
$950,000
+813.46%
08/05/2009
NorthwestMLS

NorthwestMLS #29064183

Sold
$104,000
-59.85%
08/13/2004
NorthwestMLS

NorthwestMLS #24087117

Sold
$259,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Kent

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$822,144
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$51,856
Cash to seller
$822,144

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Axia Financial Llc

Loan start date

December 2009

Original loan amount

$75,549

Est. remaining balance

$51,856

Interest rate

5%

Loan type

FHA, 30 year

Seller

Michael Hoard

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 7:55 PM

Listing updated: 09/19/2024 at 7:18 PM

Listed by: Carol Fisher, RE/MAX Integrity Phone #: (425) 391-1997

MLS: NorthwestMLS #2291323

NorthwestMLS logo

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