Listed by eXp Realty, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

23505 54th Ave S Unit 1-3 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $300,000 - $337,000

1 Bed
1 Bath
800 Sq Ft
$274/mo HOA Fee

Last Sold December 13, 2022

Last sale price $299,950 $375 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,244/month

5 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Territorial View
  • Unit is on the top floor
  • Property is near public transit
  • Vaulted Ceiling

About This Home

As of December 2022

Enjoy living in a charming 1 bedroom 1 full bath unit in the desirable West Bay at the Lakes community. This Home Features a large individual 1 car garage with room for storage, open patio space with an awning, New water heater, New bathroom appliance, Walk-in-closet, washer & dryer, and Updated windows which provides great light throughout the home. Enjoy a nice warm fireplace that opens to a spacious family room, that is also open to the Kitchen, which includes an extended countertop, and dining room area. West Bay at the Lakes also includes a clubhouse w/exercise room and sauna.

Last Agent to Sell the Property

Matt Lagerquist

eXp Realty License #111816 Listed on: 11/03/2022

eXp Realty

Co-Listed By

Jerome Watson

Icon Group License #116955

Last Buyer's Agent

Anthony Butz

Windermere Real Estate/East License #107994

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2013375

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1995

Lot Details

  • Open Space

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 9263700990

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, snow removal, water
  • Teresa May Association
  • Secondary HOA Phone (425) 747-5900
  • The Lakes Subdivision
  • Park Phone (425) 747-5900 | Manager Teresa May

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,790

Year Built

Built in 1995

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1995
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 800
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Top Floor,Vaulted Ceilings,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 968

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Stone
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Road Maintenance, Snow Removal
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Playground, Sauna
  • Park Manager Name: Teresa May
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 274
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Teresa May
  • CommonPropertyFeatures: Club Houses,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Playground,Sauna

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 9263700990
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2790

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 5, 2022
Sold by
Simmons Mary
Bought by
Smith Mileah K
Seller's Agent
Matt Lagerquist
eXp Realty
Buyer's Agent
Anthony Butz
Windermere Real Estate/East
List Price
$299,950
Sold Price
$299,950
Views
30
Current Estimated Value
$307,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,972
Avg. Annual Appreciation
1.13%
Original Mortgage
$224,963
Outstanding Balance
$219,454
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$89,542

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 30, 2016
Sold by
Wasson Kandi K
Bought by
Simmons Mary
Seller's Agent
Derrick Monroy
Windermere R E/Lake Tapps, Inc
Buyer's Agent
Jim Burton
Better Properties Kent LLC
List Price
$159,000
Sold Price
$164,000
Premium/Discount to List
$5,000
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$159,000
Interest Rate
3.65%

Purchase Details

Closed on
Apr 26, 2011
Sold by
Morales Ana M
Bought by
Wasson Kandi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
4.72%

Purchase Details

Closed on
Oct 21, 2005
Sold by
Langlois Cindy L
Bought by
Morales Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 11, 1997
Sold by
West Bay Llc
Bought by
Langlois Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
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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
Smith Mileah K $299,950 Equity Title
Simmons Mary $164,000 Cw Title Co
Wasson Kandi K $74,500 The Talon Grou
Morales Ana M $145,000 Stewart Title
Langlois Cindy L $83,990 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mileah K $224,963
Previous Owner Simmons Mary $151,100
Previous Owner Simmons Mary $25,100
Previous Owner Simmons Mary $159,000
Previous Owner Wasson Kandi K $59,600
Previous Owner Morales Ana M $166,147
Previous Owner Morales Ana M $116,000
Previous Owner Langlois Cindy L $81,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $299,950 0.0% $375 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $299,950 +82.9% $375 / Sq Ft
03/31/2016 03/31/16 Sold $164,000 +3.1% $205 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $159,000 -- $199 / 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 $3,227 $312,000 $28,400 $283,600
2023 $3,034 $326,000 $27,000 $299,000
2022 $2,790 $284,000 $27,000 $257,000
2021 $2,734 $233,000 $25,700 $207,300
2020 $2,638 $218,000 $25,700 $192,300
2018 $2,402 $190,000 $21,600 $168,400
2017 $1,994 $181,000 $21,600 $159,400
2016 $1,601 $152,000 $21,600 $130,400
2015 $1,447 $114,000 $21,600 $92,400
2014 -- $100,000 $21,600 $78,400
2013 -- $81,000 $22,700 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2013375

Northwest Multiple Listing Service (NWMLS)

APN: 926370-0990