NOT LISTED FOR SALE

23544 55th Ave S Unit 13 5 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $413,000 - $463,000

2 Beds
2 Baths
1,138 Sq Ft
$271/mo HOA Fee

Last Sold September 02, 2021

Last sale price $380,000 $334 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,035/month

3 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Engineered Wood Flooring
  • Unit is on the top floor
  • Clubhouse
  • 1 Fireplace

About This Home

As of September 2021

Upper level, end unit condo features two bedrooms and two full bathrooms with water views from both bedrooms and the balcony. The kitchen has stainless steel appliances, cherry cabinets with under-counter lighting, granite countertops with tile accents, and hand-scraped, engineered hardwood flooring. Both bathrooms have cherry cabinets, granite countertops, and tile flooring. Features include white mill work and 6-panel doors. The unit has a one car, attached garage with plenty of storage, as well as one extra (un-assigned) parking space. Easy access to freeways, Kent Station, and the Sounder train.

Last Listed By

Victoria Gulsvig

Windermere RE/Maple Valley License #17747 Listed on: 08/20/2021

Windermere RE/Maple Valley

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1825393

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,542

Year Built

  • Built in 1995

Lot Details

  • 10

HOA Fees

  • $271 Monthly HOA Fees

Property Views

  • Lake
  • Territorial
  • Limited

Home Design

  • Composition Roof
  • Stone Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,138 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Blinds
  • French Doors

Kitchen

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

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • Neely O Brien Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • End Unit
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 9263700710

Community Details

Overview

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

Amenities

  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Spa
  • Trails

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,542

Year Built

Built in 1995

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1995
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: West Bay/The Lakes
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1138
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,French Doors,Insulated Windows,Primary Bath,Top Floor,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,156

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Lake, Partial, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Stone, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage, Uncovered
  • ParkingSpaceNumbers: None Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Cable TV, Club House, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Hot Tub, Outside Entry, Trail(s)
  • Park Manager Name: MacPhersons Property Management
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 271
  • 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
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Club Houses,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Hot Tub,Outside Entry,Trails

Fee Information

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

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Mill Creek Mid Sch

Lot Info

  • Parcel Number: 9263700710
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • 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: 2021
  • Tax Annual Amount: 3542

Multi Family

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

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Aug 30, 2021
Sold by
Suchland Jeffrey and Suchland Corinne
Bought by
Yemane Absalom
Seller's Agent
Victoria Gulsvig
Windermere RE/Maple Valley
Buyer's Agent
Christy Bach
Skyline Properties, Inc.
List Price
$370,000
Sold Price
$380,000
Premium/Discount to List
$10,000
2.7%
Total Days on Market
3
Current Estimated Value
$432,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,610
Avg. Annual Appreciation
3.73%

Purchase Details

Listed on
Mar 15, 2019
Closed on
May 8, 2019
Sold by
Emerich Bobby E and Emerich Kelsey K
Bought by
Suchland Jeffrey and Suchland Corinne
Seller's Agent
Roger Stensland
The Cascade Team
Buyer's Agent
Michael Pederson
Rain Town Realty + JPAR
List Price
$300,000
Sold Price
$309,500
Premium/Discount to List
$9,500
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$294,025
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2015
Sold by
Adler Adelheid H
Bought by
Emerich Bobby E and Emerich Kelsey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,678
Interest Rate
3.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2014
Sold by
Saxwold Jack and Saxwold Barbara
Bought by
The Adler Family Living Trust

Purchase Details

Closed on
Aug 7, 2013
Sold by
Papritz Laura
Bought by
Saxwold Jack and Saxwold Barbara

Purchase Details

Closed on
Feb 20, 1997
Sold by
West Bay Llc
Bought by
Bayles John R W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,289
Interest Rate
7.86%
Mortgage Type
VA

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
Yemane Absalom $380,000 First American Title
Suchland Jeffrey $309,500 Stewart Title
Emerich Bobby E $229,950 First American
The Adler Family Living Trust $212,500 Old Republic
Saxwold Jack $130,000 Ticor
Bayles John R W $114,990 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suchland Jeffrey $294,025
Previous Owner Emerich Bobby E $9,678
Previous Owner Emerich Bobby E $9,678
Previous Owner Emerich Bobby E $223,052
Previous Owner Bayles John R W $10,000
Previous Owner Bayles John R W $165,000
Previous Owner Bayles John R W $117,289
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $380,000 +2.7% $334 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $370,000 +19.5% $325 / Sq Ft
05/16/2019 05/16/19 Sold $309,500 +3.2% $272 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $300,000 -- $264 / 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 $4,111 $400,000 $28,400 $371,600
2023 $3,728 $423,000 $27,000 $396,000
2022 $3,529 $350,000 $27,000 $323,000
2021 $3,542 $296,000 $25,700 $270,300
2020 $3,268 $284,000 $25,700 $258,300
2018 $3,087 $240,000 $21,600 $218,400
2017 $2,580 $234,000 $21,600 $212,400
2016 $2,089 $198,000 $21,600 $176,400
2015 $1,905 $150,000 $21,600 $128,400
2014 -- $133,000 $21,600 $111,400
2013 -- $102,000 $22,700 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1825393

Northwest Multiple Listing Service (NWMLS)

APN: 926370-0710