3 months on rocket

412-418 W Meeker St, Kent, WA, 98032

$2,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,376 SqFt
$245/SqFt
House
Schools Nearby

Location

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412-418 W Meeker St, Kent$2,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1958
MLS #2190944
Lot Size0.19 Acres
StatusActive

About 412-418 W Meeker St

Centrally located in the heart of Downtown Kent--this presents a compelling opportunity to acquire a highly visible mixed-use property, with 60% of its units having undergone renovation since 2021. The prospective owner not only inherits the stability of existing retail tenants but also possesses the value-add potential to renovate the remaining apartment units and bring all the rents to market. The Melbourne Building boasts a versatile design, featuring three leased retail spaces on the ground floor and five apartment units on the top floor. All three retail units have been leased and undergone comprehensive interior renovations within the past two years.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 2
  • Living Area: 8,376 SqFt

Listing Office:

  • Office Name: Paragon Real Estate Advisors
  • Listing Agent: Ben Douglas

Exterior Features

Exterior Information:

  • Exterior: Brick

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Kent-Meridian High School, Public District Grades 9-12
  • Mill Creek Middle School, Public District Grades 7-8
  • Kent Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From downtown 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. Continue on Willis St. Take 4th Ave S to W Meeker St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,050,000
  • Price Per SqFt: $245/SqFt
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Housing Market Comparison

See how this home compares to others in Kent, WA.

Med. Sold Price

$630K

Med. Price/SqFt

$334

Avg. Days On Market

24

# of Sold Homes

102

412-418 W Meeker St vs Kent

101 DAYS ON ROCKET

+77 Days

$2,050,000

+$1.4M More

$245/SqFt

-$90 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $90/SqFt less than other homes in Kent, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2190944

Listing Office:

  • Office Name: Paragon Real Estate Advisors
  • Listing Agent: Ben Douglas

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:17:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,213

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1381005
3
/10
  • Kent Elementary School

  • 24700 64th Ave S

  • 0.53 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1381006
2
/10
  • Mill Creek Middle School

  • 620 Central Ave N

  • 1.60 miles

  • Public District Grades 7-8

High School

school-card-donut-1381007
2
/10
  • Kent-Meridian High School

  • 10020 SE 256th St

  • 2.63 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,224. The most common annual income of people living in Kent, WA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 412-418 W Meeker St

What is the listing price of this property?

The listing price of 412-418 W Meeker St property is $2,050,000.

What type of property is this?

The property 412-418 W Meeker St is a house located in Kent, Washington, 98032.

Is this property for sale now?

Active Listing: 412-418 W Meeker St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 412-418 W Meeker St are:
Kent Elementary School: GreatSchools Rating 3/10
Mill Creek Middle School: GreatSchools Rating 2/10
Kent-Meridian High School: GreatSchools Rating 2/10

What is the square footage of this property?

The property 412-418 W Meeker St is 8,376 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 412-418 W Meeker St is 1958.

Rocket HomesWashingtonKing CountyKent98032412-418 W Meeker St

This home is located at 412-418 W Meeker St in Kent, WA and zip code 98032. This 8,376 square foot home, which was built in 1958, sits on a 0.19 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $2,050,000.

Over 45 listings were sold over their listed price in March 2024 in Kent, WA. In the same period over 23 listings were sold below the listed price and 34 listings were sold for the listed price. In March 2024 in Kent, WA there were 14.3% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $630,000, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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