20528 Southeast 281st Street
20528 Southeast 281st Street, Kent, WA 98042
Property
in
Lake Morton-Berrydale
Sold Oct 09, 2020
$680,000
Buyer
Seller
$510,000
by Quontic Bank Fsb
Mortgage Due Nov 01, 2050
Sold Dec 27, 1991
$158,500
Seller
20528 Southeast 281st Street has been categorized by the local assessors in Kent, WA as a residential type of property.
The building on the property was first built in 1990 and is 34 years old.
The home has a total of 3 bedrooms.
Residents will have access to 2 full bathrooms.
There are 3 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 20528 Southeast 281st Street has 1,770 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 45,738 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 2,040 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 20528 Southeast 281st Street sold most recently in Oct 4, 2020 for a total of $680,000. If you work out the math, that's approximately a cost of $277.55 per sqft. Before that, the property was also sold for $158,500 in Dec 27, 1991. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,215 in taxes each year. The initial year of tax delinquency occurred in 2021. 20528 Southeast 281st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $732,000. If we break it down further, the land itself was valued at $255,000. Improvements to the property, however, were assessed at a total of $477,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 2,040 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 20528 Southeast 281st Street sold most recently in Oct 4, 2020 for a total of $680,000. If you work out the math, that's approximately a cost of $277.55 per sqft. Before that, the property was also sold for $158,500 in Dec 27, 1991. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,215 in taxes each year. The initial year of tax delinquency occurred in 2021. 20528 Southeast 281st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $732,000. If we break it down further, the land itself was valued at $255,000. Improvements to the property, however, were assessed at a total of $477,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.