Listed by eXp Realty, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

23301 54th Ave S Unit 1-4 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $427,000 - $462,000

3 Beds
2.5 Baths
1,242 Sq Ft
$357/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $480,000 $386 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,078/month

2 Days on Market

Highlights

  • 5.42 Acre Lot
  • End Unit
  • Balcony
  • Property is near public transit
  • Corner Lot
  • Patio

About This Home

As of May 2024

Discover comfort and style in this 3 bed, 2.5 bath townhouse nestled in Kent's Lakes neighborhood. Light-filled living space, modern kitchen with stainless steel appliances, and ample storage await. Upstairs, you'll find two additional bedrooms, a full bath. Step into a luxurious primary suite with en-suite bathroom, providing a peaceful retreat at the end of the day. A charming patio area invites you to enjoy the picturesque surroundings of the neighborhood. With easy access to nearby parks, shopping, dining, and major commuter routes, this townhome offers the perfect balance of tranquility and urban convenience. Don't miss your chance to make this exceptional property your new home sweet home in Kent, Wa! Schedule your showing today.

Last Agent to Sell the Property

Annelaraine Olivares

eXp Realty License #139451 Listed on: 03/29/2024

eXp Realty

Last Buyer's Agent

Tien Tran

Coldwell Banker Bain License #22012191

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2216877

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1996

Lot Details

  • End Unit

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,242 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, water
  • 60 Units
  • Secondary HOA Phone (425) 344-6560
  • Promenade At The Lakes Condos
  • Kent Subdivision
  • Park Phone (425) 344-6560 | Manager Sharon McKinney

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,705

Year Built

Built in 1996

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1996
  • Buyer Agency Compensation: **3**
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Promenade at the Lakes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1242
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath
  • SOCComments: Thank you
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2216877?w=Consumer&agent=127503
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Fireplace, Water Heater
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)
  • StorageLocation: Patio
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Utility closet under the stairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Park Manager Name: Sharon McKinney
  • Park Manager Phone: 425-344-6560
  • Senior Community: No
  • Association Fee: 395
  • Association Fee Frequency: Monthly
  • Phone: 425-344-6560
  • Association: Yes
  • Pets Allowed: Yes
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Kent
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 6899950040
  • Lot Size Acres: 5.4171
  • Lot Size Sq Ft: 235968
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4705

Multi Family

  • Number Of Units In Community: 60
  • Total Actual Rent: 2800
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Apr 19, 2024
Sold by
Olivares Annalaraine and Grantham Annalaraine
Bought by
Pemambo Pewing
Seller's Agent
Annelaraine Olivares
eXp Realty
Buyer's Agent
Tien Tran
Coldwell Banker Bain
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%
Views
26
Current Estimated Value
$443,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,258
Avg. Annual Appreciation
-5.20%
Original Mortgage
$441,600
Outstanding Balance
$434,989
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$8,753

Purchase Details

Closed on
Oct 5, 2004
Sold by
Reloaction
Bought by
Olivares Annalaraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
6.37%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Murrietta Katherine M
Bought by
Exult Relocation Services Inc

Purchase Details

Closed on
Feb 24, 2004
Sold by
Cohen Howard S
Bought by
Murrietta Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,900
Interest Rate
5.64%

Purchase Details

Closed on
Nov 13, 2003
Sold by
Cohen Howard
Bought by
Howard S Cohen Revocable Living Trust

Purchase Details

Closed on
Apr 2, 2003
Sold by
Camgat Hugo L and Camgat Caroline M
Bought by
Cohen Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
5.78%

Purchase Details

Closed on
Aug 16, 1999
Sold by
Mollett Mitch D and Mollett Bonnie J
Bought by
Caingat Hugo L and Caingat Caroline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Interest Rate
7%

Purchase Details

Closed on
Apr 24, 1997
Sold by
Promenade One Llc
Bought by
Mollett Mitch D and Mollett Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7.86%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pemambo Pewing $480,000 Chicago Title Company Of Washi
Olivares Annalaraine $174,000 Old Republic T
Exult Relocation Services Inc $182,000 Old Republic T
Murrietta Katherine M $130,082 Chicago Title
Howard S Cohen Revocable Living Trust -- --
Cohen Howard $164,000 Old Republic T
Caingat Hugo L $139,000 Washington Title
Mollett Mitch D $123,390 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pemambo Pewing $441,600
Previous Owner Olivares Annalaraine $139,200
Previous Owner Murrietta Katherine M $20,900
Previous Owner Cohen Howard $131,200
Previous Owner Caingat Hugo L $132,050
Previous Owner Mollett Mitch D $119,500
Closed Olivares Annalaraine $34,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $480,000 +2.3% $386 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $469,000 -- $378 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,061 $390,000 $35,400 $354,600
2023 $4,142 $440,000 $33,700 $406,300
2022 $3,623 $388,000 $33,700 $354,300
2021 $3,651 $302,000 $32,000 $270,000
2020 $3,481 $291,000 $32,000 $259,000
2018 $2,879 $255,000 $26,900 $228,100
2017 $2,311 $215,000 $26,900 $188,100
2016 $2,265 $174,000 $26,900 $147,100
2015 $2,191 $162,000 $26,900 $135,100
2014 -- $153,000 $26,900 $126,100
2013 -- $122,000 $26,900 $95,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2216877

Northwest Multiple Listing Service (NWMLS)

APN: 689995-0040