NOT LISTED FOR SALE

23526 55th Ave S Unit 14-2 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $421,000 - $432,216

2 Beds
2 Baths
1,125 Sq Ft
$280/mo HOA Fee

Last Sold September 02, 2022

Last sale price $450,000 $400 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,990/month

2 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Property is near public transit
  • Unit is on the top floor
  • Clubhouse
  • Sauna

About This Home

As of September 2022

Impeccably maintained and exceptionally clean 2 bedroom/2 bathroom top-floor, end unit with beautiful views of the lake. Tons of natural light and high ceilings offer an inviting + warm home. Home completely refreshed in last 4 years-all new appliances, custom California Closets in bedrooms, new insulation, new solid doors, fresh paint throughout and new carpet. Desirable West Bay community within The Lakes neighborhood boasting tranquil views of Mt Rainier + several water features, walking trails and parks. Centrally located minutes to Kent Station, ShoWare Center, light rail, Seatac airport and so much more! Extremely well-managed HOA in quiet community with friendly neighbors. Absolutely move in ready, don't miss your opportunity!

Last Listed By

David Kim

Every Door Real Estate License #27899 Listed on: 08/03/2022

Every Door Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1978179

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1995

Lot Details

  • Open Space
  • Cul-De-Sac

HOA Fees

  • $280 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Alarm System

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

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 9263700740

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, water
  • 150 Units
  • Teresa May Association
  • Secondary HOA Phone (425) 747-5900
  • West Bay Condos
  • The Lakes Subdivision
  • Park Phone (425) 747-5900 | Manager Teresa May

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Fitness Center
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,370

Year Built

Built in 1995

Lot Details

0

HOA Fees

$280 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
  • Building Name: West Bay
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1125
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 15
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Insulated Windows,Jetted/Soaking Tub,Top Floor,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 979

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: See Remarks,Unit
  • BusRouteNumber: 165

Garage/Parking

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

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: Baseboard
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Sauna, Trail(s)
  • Park Manager Name: Teresa May
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Teresa May
  • CommonPropertyFeatures: Club Houses,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Sauna,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 9263700740
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3370

Multi Family

  • Number Of Units In Community: 150
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Aug 30, 2022
Sold by
Kemper Douglas R and Fung Deh
Bought by
Peng Lingling and Su Zhen Hua
Seller's Agent
David Kim
Every Door Real Estate
Buyer's Agent
Xinying He
Skyline Properties, Inc.
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Total Days on Market
2
Current Estimated Value
$427,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,696
Avg. Annual Appreciation
-1.91%
Original Mortgage
$360,000
Outstanding Balance
$347,894
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$79,410

Purchase Details

Listed on
Oct 13, 2017
Closed on
Nov 27, 2017
Sold by
Mcintosh Shelby and Mcintosh Scot
Bought by
Kemper Doug R and Hu Deh Fung
Seller's Agent
Lori West
COMPASS
Buyer's Agent
Every Door Real Estate
Every Door Real Estate
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$220,000
Interest Rate
3.88%

Purchase Details

Closed on
Nov 23, 2009
Sold by
Mcintosh Scot L
Bought by
Berneck Shelby A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.88%

Purchase Details

Closed on
Mar 16, 1999
Sold by
Wood Dennis A and Smith Wood Charlotte Ann
Bought by
Berneck Shelby A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.73%

Purchase Details

Closed on
Sep 18, 1996
Sold by
West Bay Llc
Bought by
Wood Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
7.87%

Range of Values:

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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
Peng Lingling $450,000 None Listed On Document
Kemper Doug R $275,000 Chicago Title Company Of Wa
Berneck Shelby A -- First American
Berneck Shelby A $125,500 Old Republic Title Ltd
Wood Dennis A $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Lingling $360,000
Previous Owner Kemper Doug R $202,000
Previous Owner Kemper Doug R $220,000
Previous Owner Berneck Shelby A $110,000
Previous Owner Berneck Shelby A $87,500
Previous Owner Wood Dennis A $106,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $450,000 +3.4% $400 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $435,000 +58.2% $387 / Sq Ft
12/01/2017 12/01/17 Sold $275,000 0.0% $244 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $275,000 -- $244 / 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 $4,090 $398,000 $28,400 $369,600
2023 $3,707 $420,000 $27,000 $393,000
2022 $3,370 $348,000 $27,000 $321,000
2021 $3,328 $282,000 $25,700 $256,300
2020 $3,244 $266,000 $25,700 $240,300
2018 $3,161 $251,000 $21,600 $229,400
2017 $2,555 $240,000 $21,600 $218,400
2016 $2,179 $196,000 $21,600 $174,400
2015 -- $157,000 $21,600 $135,400
2014 -- $131,000 $21,600 $109,400
2013 -- $102,000 $22,700 $79,300
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1978179

Northwest Multiple Listing Service (NWMLS)

APN: 926370-0740