NOT LISTED FOR SALE

23608 55th Ave S Unit 11-4 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $317,000 - $383,000

1 Bed
1 Bath
800 Sq Ft
$280/mo HOA Fee

Last Sold August 05, 2022

Last sale price $320,000 $400 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,471/month

38 Days on Market

Highlights

  • Fitness Center
  • Canal Access
  • Clubhouse
  • Waterfront
  • Canal View
  • Sauna

About This Home

As of August 2022

West Bay at the Lakes offers this very charming 1 bedroom 1 full bath unit with a large individual 1 car garage with room for storage. Home Features peek-a-boo views of the Main Lake and canal at the Lakes and has close access to the boardwalk. The stunning slate fireplace surround is a beautiful focal point in the family room and is open to the Kitchen and dining room area. West Bay at the Lakes offers a clubhouse w/exercise room and sauna.

Last Agent to Sell the Property

Jaime Auvil

Redfin License #108618 Listed on: 06/07/2022

Redfin

Last Buyer's Agent

Elizabeth Lee

Better Properties Eastside License #42350

Better Properties Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1946240

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1995

Lot Details

  • Waterfront
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Canal Views
  • Alarm System

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Balcony
  • Patio

Schools

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

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9263700580

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets 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

$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 At Lakes
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 800
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 15
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,066

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 Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, 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: Canal
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • ParkingSpaceNumbers: Garage 1 car

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: Baseboard,Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House, Exercise Room, Fire Sprinklers, Sauna
  • Park Manager Name: Teresa May
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • CoOp: false
  • CommonPropertyFeatures: Club Houses,Exercise Room,Fire Sprinklers,Sauna

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 9263700580
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist- Buyer to Verify
  • MLSSquareFootageSource: Realist- Buyer to Verify

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2790

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
Jun 7, 2022
Closed on
Aug 3, 2022
Sold by
Mee-Ae Kim Karen
Bought by
Kim Ken Hyeong-Dal
Seller's Agent
Jaime Auvil
Redfin
Buyer's Agent
Elizabeth Lee
Better Properties Eastside
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%
Total Days on Market
38
Current Estimated Value
$343,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,354
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Rector Hyein
Bought by
Rector Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,920
Interest Rate
4.09%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Fannie Mae
Bought by
Rector Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,920
Interest Rate
4.09%

Purchase Details

Closed on
May 21, 2011
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 2011
Sold by
Meng Shannon
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2006
Sold by
Hendrix Shannon and Meng Shannon
Bought by
Meng Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.57%

Purchase Details

Closed on
May 21, 2003
Sold by
Hutcheson Shirley A
Bought by
Hendrix Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,450
Interest Rate
5.75%

Purchase Details

Closed on
Feb 12, 1997
Sold by
West Bay Llc
Bought by
Hutcheson Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
7.85%
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
Kim Ken Hyeong-Dal -- Rainier Title Company
Kim Hyeong Taek $320,000 Rainier Title Company
Rector Roger E -- Chicago Title
Rector Roger E -- Chicago Title
Federal National Mortgage Association $133,128 Accommodation
Federal National Mortgage Assoc $133,100 --
Gmac Mortgage Llc $133,128 None Available
Meng Shannon -- Transcontinental Title Co
Hendrix Shannon $118,300 Lawyers Title
Hutcheson Shirley A $80,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rector Roger E $59,920
Previous Owner Meng Shannon $156,000
Previous Owner Meng Shannon E $149,250
Previous Owner Meng Shannon $126,000
Previous Owner Hendrix Shannon E $10,000
Previous Owner Hendrix Shannon $106,450
Previous Owner Hutcheson Shirley A $78,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $320,000 -3.0% $400 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $330,000 -4.3% $413 / Sq Ft
06/07/2022 06/07/22 For Sale $345,000 -- $431 / 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 $3,094 $326,000 $27,000 $299,000
2022 $2,790 $290,000 $27,000 $263,000
2021 $2,734 $233,000 $25,700 $207,300
2020 $2,638 $218,000 $25,700 $192,300
2018 $2,526 $205,000 $21,600 $183,400
2017 $1,994 $191,000 $21,600 $169,400
2016 $1,730 $152,000 $21,600 $130,400
2015 -- $124,000 $21,600 $102,400
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: 1946240

Northwest Multiple Listing Service (NWMLS)

APN: 926370-0580