720 Washington Avenue North

Kent, WA 98032

$3,150,000
Price
19
Beds
17
Baths
8,775 Sq. Ft.
$359 / Sq. Ft.
8,775
Sq. Ft.
$359
per Sq. Ft.
Listing provided courtesy of Paragon Real Estate Advisors

Description

The Green Tree Court Apartments is an attractive and updated 17-unit community in a dynamic Kent location with lots of remaining upside and value-add potential. This two-story, garden-style community is comprised of 15 - 1BD/1BA and two - 2BD/1BA units. The property is conveniently located near the Kent Station retail mall and commuter rail. Built in 1968, the property has been well-maintained with many recent improvements including a new mansard roof, new doors and windows, and new exterior paint....The Green Tree Court Apartments is an attractive and updated 17-unit community in a dynamic Kent location with lots of remaining upside and value-add potential. This two-story, garden-style community is comprised of 15 - 1BD/1BA and two - 2BD/1BA units. The property is conveniently located near the Kent Station retail mall and commuter rail. Built in 1968, the property has been well-maintained with many recent improvements including a new mansard roof, new doors and windows, and new exterior paint. In addition, 10 of the 17 units have been renovated, including new kitchen cabinets and quartz countertops, new solid surface flooring, upgraded appliances, and new bathroom vanities and tub surrounds.
  1. Listed by Ryan Iles • Paragon Real Estate Advisors

Property Details for 720 Washington Avenue North

Community Name
Kent
School District
Kent
Number of Assigned Spaces
17
Total Covered Parking
0
Entry Date
08-21-2024
Energy Source
Electric
Sewer
Available
LISTING UPDATED: 11/13/2024 12:25 PM

Property Details for 720 Washington Avenue North

StatusActive
MLS #2280542
Days on Market122
Cumulative Days on Market122
Taxes$27,173 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.47 AC / 20,280 SF
CountyKing County

Building Information for 720 Washington Avenue North

Stories2Residences17Year Built1968Building Size-Lot Size0.47 AC / 20,280 SF

Property Information for 720 Washington Avenue North

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 330 - Kent
  • Directions: From Seattle, take I-5 S and WA-167 S to Willis St in Kent. Take the WA-516/Willis St exit from WA-167 S. Follow WA-181 N/Washington Ave S.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 17.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Wood
  • Roof: Flat, Torch Down
Property
Utilities
  • Water/Sewer/Garbage: 22558
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 30
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 3832000218
  • Calculated Square Footage: 8775
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8775.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 17
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 17
  • Units Below Grade: false
  • Units In Building Total: 17
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 95584
  • Gross Adjusted Income: 278764
  • Gross Rent Multiplier: 10.73
  • Gross Scheduled Income: $293,436
  • Insurance Expense: $9,214
  • Net Operating Income: $183,180
  • Other Expenses: $36,639
  • Total Monthly Income: 24453
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 445
  • Rent Unit 1: $1,258.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 102
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 445
  • Rent Unit 2: $1,220.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 103
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 445
  • Rent Unit 3: $1,475.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 104
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 445
  • Rent Unit 4: $1,315.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 105
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 445
  • Rent Unit 5: $1,310.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 106
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1050
  • Rent Unit 6: $1,750.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 107
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 445
  • Rent Unit 7: $1,500.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 108
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 445
  • Rent Unit 8: $1,375.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 201
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 445
  • Rent Unit 9: $1,475.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 202
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 445
  • Rent Unit 10: $1,500.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 203
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 445
  • Rent Unit 11: $1,500.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 204
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 445
  • Rent Unit 12: $1,500.00
  • Bedrooms Unit 12: 1
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 205
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 445
  • Rent Unit 13: $1,340.00
  • Bedrooms Unit 13: 1
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 206
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 445
  • Rent Unit 14: $1,260.00
  • Bedrooms Unit 14: 1
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 207
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: true
  • Square Feet Unit 15: 1050
  • Rent Unit 15: $1,530.00
  • Bedrooms Unit 15: 2
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 208
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: true
  • Square Feet Unit 16: 445
  • Rent Unit 16: $1,475.00
  • Bedrooms Unit 16: 1
  • Bathrooms Unit 16: 1
Unit 17
  • Name Unit 17: 209
  • Range/Oven Unit 17: true
  • Refrigerator Unit 17: true
  • Dishwasher Unit 17: true
  • Square Feet Unit 17: 445
  • Rent Unit 17: $1,500.00
  • Bedrooms Unit 17: 1
  • Bathrooms Unit 17: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8775.0
  • Leasable Area Units: Square Feet

Property History for 720 Washington Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 720 Washington Avenue North

Taxable ValueLand$192,600Additions$2,182,400Total$2,375,000
Tax Record2022$25,442 ($2,120 / month)
Home Facts
Total Finished SqFt7,378 SqFtAbove Ground SqFt7,378 SqFtStories2Lot Size20,280 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968Year Renovated1992ZoningMR-MCountyKINGAPN383200-0218

Schools near 720 Washington Avenue North

This home is within Kent School District.
Rating
School
Type
Grades
Distance
River Ridge Elementary
Public - PK to 6
Mill Creek Middle School
Public - 7 to 8
Kent-Meridian High School
Public - 9 to 12
Individualized Graduation & Degree Program
Public - 9 to 12
Rating
School
Distance
River Ridge Elementary
PublicPK to 6

Mill Creek Middle School
Public7 to 8

Kent-Meridian High School
Public9 to 12

Individualized Graduation & Degree Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 720 Washington Avenue North, Kent, WA 98032

720 Washington Avenue North is a multi-family home for sale in Kent, WA 98032. This property was listed for sale on August 21, 2024 by Paragon Real Estate Advisors, it's currently listed at $3,150,000. It has been on the market for a total of 122 days and was last sold on October 6, 2017. This listing's school district is Kent School District. Nearby schools include River Ridge Elementary, Mill Creek Middle School and Kent-Meridian High School. 720 Washington Avenue North is a 19-bed, 17-bath, 8,775 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.