NOT LISTED FOR SALE

23331 56th Ave S Unit 15 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $668,885 - $688,000

4 Beds
2.5 Baths
1,784 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $630,000 $353 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,449/month

2 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Wood Flooring
  • Contemporary Architecture
  • Vaulted Ceiling
  • Ground Level Unit

About This Home

As of March 2023

Stunning, spacious & bright in gated Lakeside at Cypress Cove in The Lakes Community. Open concept, vaulted ceilings, & loads of natural light. Spacious rooms, light and bright at every turn. Formal living and dining. Kitchen with large island for gathering and casual dining - open to family room with gas fireplace and slider to spacious and private backyard. Half bathroom on main, two-car garage, A/C & more. Upper level primary suite with spacious walk-in closet, 5-piece bath + 3 additional bedrooms plus laundry room. Beautifully landscaped backyard with large patio which backs to greenbelt with ample privacy! Located near freeways, Green River Trail, Kent Station, Golf, Sounder/Sound Transit, shopping, schools and so much more! Must see.

Last Agent to Sell the Property

Laura Hodgson

The Cascade Team License #93313 Listed on: 02/17/2023

The Cascade Team

Last Buyer's Agent

Yibekal Kassa

Windermere RE North, Inc. License #122334

Windermere RE North, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2036706

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,189

Year Built

  • Built in 1997

Lot Details

  • Private Yard
  • Yard

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,784 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4141900150

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • 42 Units
  • Macphersons Property Mgmt Association
  • Secondary HOA Phone (425) 747-5900
  • The Lakes Subdivision
  • Park Phone (425) 747-5900 | Manager MacPhersons Property Mgmt

Additional Features

  • Community Garden
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,189

Year Built

Built in 1997

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1997
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1784
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Ground Floor,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Vaulted Ceilings,Walk-in Closet,Yard
  • Special Features: VirtualTour
  • Cumulative Days on Market: 815

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Stone, Wood
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Garden Space, Gated, Outside Entry, Gated, See Remarks
  • Park Manager Name: MacPhersons Property Mgmt
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 160
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Association: Yes
  • Pets Allowed: See Remarks
  • AssociationContactName: MacPhersons Property Mgmt
  • CommonPropertyFeatures: Cable TV,Garden Space,Gated Entry,Outside Entry,Security Gate,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 4141900150
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5189

Multi Family

  • Number Of Units In Community: 42
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 9, 2023
Sold by
Michael Steven Flowers and Michael Leah Alicia
Bought by
Tesfaye Endalkachew and Nami Shunbu Wesene
Seller's Agent
Laura Hodgson
The Cascade Team
Buyer's Agent
Yibekal Kassa
Windermere RE North, Inc.
List Price
$600,000
Sold Price
$630,000
Premium/Discount to List
$30,000
5%
Total Days on Market
2
Views
123
Current Estimated Value
$678,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,721
Avg. Annual Appreciation
3.41%
Original Mortgage
$576,922
Outstanding Balance
$561,915
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$116,806

Purchase Details

Closed on
Oct 1, 2020
Sold by
Flowers Michael S and Flowers Leah A
Bought by
Flowers Michael Steven and Flowers Leah Alicia

Purchase Details

Closed on
May 4, 2018
Sold by
Davison Daniel and Davison Lisa
Bought by
Flowers Michael S and Flowers Leah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,350
Interest Rate
4.4%

Purchase Details

Closed on
Jul 26, 2004
Sold by
Elliott Curtis and Elliott Stacey
Bought by
Davison Daniel and Davison Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.27%

Purchase Details

Closed on
Aug 4, 1998
Sold by
Promenade Ii Llc
Bought by
Elliott Curtis and Elliott Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,899
Interest Rate
6.93%
Source: Public Records

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Range of Values:

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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
Tesfaye Endalkachew $630,000 Wfg National Title Company Of
Flowers Michael Steven -- None Available
Flowers Michael S $453,000 Stewart Title Company
Davison Daniel $265,000 Stewart Title
Elliott Curtis $196,990 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesfaye Endalkachew $576,922
Previous Owner Flowers Michael S $430,350
Previous Owner Davidson Daniel $80,000
Previous Owner Davison Daniel $20,000
Previous Owner Davison Daniel $237,250
Previous Owner Davison Daniel $244,000
Previous Owner Davison Daniel $212,000
Previous Owner Elliott Curtis $202,899
Closed Davison Daniel $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $630,000 +5.0% $353 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $600,000 -- $336 / 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 $5,920 $590,000 $55,000 $535,000
2023 $5,657 $632,000 $52,400 $579,600
2022 $5,189 $544,000 $52,400 $491,600
2021 $5,478 $437,000 $49,800 $387,200
2020 $5,385 $442,000 $49,800 $392,200
2018 $4,978 $399,000 $41,900 $357,100
2017 $4,154 $381,000 $41,900 $339,100
2016 $3,995 $322,000 $41,900 $280,100
2015 $4,335 $293,000 $41,900 $251,100
2014 -- $313,000 $41,900 $271,100
2013 -- $172,000 $41,900 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2036706

Northwest Multiple Listing Service (NWMLS)

APN: 414190-0150