NOT LISTED FOR SALE

23625 55th Place S Unit 14-3 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $396,416 - $410,000

2 Beds
2.5 Baths
1,041 Sq Ft
$380/mo HOA Fee

Last Sold February 13, 2023

Last sale price $365,000 $351 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,943/month

12 Days on Market

Highlights

  • 6.74 Acre Lot
  • Garage
  • Wood Burning Fireplace
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of February 2023

Welcome to the very desirable Spinnaker Pointe Community. This condo is tucked into a beautiful, quiet community with exclusive walking paths, benches & ponds/fountains in a serene lake setting. Move-in ready condo features lots of natural light, fireplace, gorgeous floors on the main floor, new appliances, and upstairs wall heaters. Both bedrooms have their own private ensuite bathrooms. Minutes from parks, restaurants, shopping, schools and entertainment. Easy access to major freeways, light rail, airport and sounder.

Last Agent to Sell the Property

Guriqbal Singh

KW Mountains to Sound Realty License #127769 Listed on: 01/06/2023

KW Mountains to Sound Realty

Co-Listed By

Andrew Pounder

KW Mountains to Sound Realty License #131846

Last Buyer's Agent

Rashan Clark

ANB Homes License #97712

ANB Homes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2025413

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,460

Year Built

  • Built in 1995

Lot Details

  • 7

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,041 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 7922680530

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, water
  • Heather Ladue Association
  • Secondary HOA Phone (425) 897-3400
  • Spinnaker Pointe At The Lakes Condos
  • The Lakes Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,460

Year Built

Built in 1995

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1995
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Spinnaker Pointe at the Lakes
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1041
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 3
  • Special Features: None
  • Cumulative Days on Market: 855

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Cooking-Electric, Dryer-Electric, Washer
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Community Features: See Remarks
  • Senior Community: No
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Phone: 425-897-3400
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Heather LaDue
  • CommonPropertyFeatures: See Remarks

Fee Information

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

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 7922680530
  • Lot Size Acres: 6.7422
  • Lot Size Sq Ft: 293692
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3460

Multi Family

  • EnergySource: Electric,Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 7, 2022
Sold by
Yahia Majeed
Bought by
Kaur Harpreet and Singh Pakhar
Seller's Agent
Karen Mitchell
Skyline Properties, Inc.
Buyer's Agent
Guriqbal Singh
KW Mountains to Sound Realty
List Price
$380,000
Sold Price
$380,000
Total Days on Market
12
Current Estimated Value
$401,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,104
Avg. Annual Appreciation
1.83%
Original Mortgage
$342,000
Outstanding Balance
$327,702
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$73,402

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 6, 2022
Sold by
Guriqbal Singh
Bought by
Kaur Harpret
Seller's Agent
Karen Mitchell
Skyline Properties, Inc.
Buyer's Agent
Guriqbal Singh
KW Mountains to Sound Realty
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$327,702
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$73,402

Purchase Details

Closed on
Apr 23, 2021
Sold by
Majeed Yahia
Bought by
Majeed Yahia and Rabaa Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,428
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2016
Closed on
Feb 4, 2017
Sold by
Egal Safia
Bought by
Majeed Yahia
Seller's Agent
Telotha Levinson
John L. Scott, Inc.
Buyer's Agent
Karen Mitchell
Skyline Properties, Inc.
List Price
$210,000
Sold Price
$198,200
Premium/Discount to List
-$11,800
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$148,200
Interest Rate
4.2%

Purchase Details

Closed on
Aug 4, 2003
Sold by
Souve Melanie J
Bought by
Egal Safia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
8.6%

Purchase Details

Closed on
Feb 22, 1996
Sold by
Spinnaker Pointe Llc
Bought by
Souve Melanie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
7.1%
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
Kaur Harpreet $380,000 Rainier Title Company
Kaur Harpret -- Rainier Title Company
Majeed Yahia $69,393 Chicago Title Company Of Wa
Majeed Yahia $198,200 Ticor National
Egal Safia $153,000 Washington Tit
Souve Melanie J $96,990 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Harpreet $342,000
Previous Owner Majeed Yahia $145,428
Previous Owner Majeed Yahia $148,200
Previous Owner Egal Safia $174,600
Previous Owner Egal Safia $145,350
Previous Owner Souve Melanie J $94,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $365,000 -1.3% $351 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $369,950 -2.6% $355 / Sq Ft
06/15/2022 06/15/22 Sold $380,000 0.0% $365 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $380,000 +91.7% $365 / Sq Ft
02/17/2017 02/17/17 Sold $198,200 -5.6% $190 / Sq Ft
01/15/2017 01/15/17 Pending -- -- --
12/17/2016 12/17/16 For Sale $210,000 0.0% $202 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $210,000 0.0% $202 / Sq Ft
09/11/2016 09/11/16 Price Changed $209,999 -4.5% $202 / Sq Ft
08/12/2016 08/12/16 For Sale $220,000 -- $211 / 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 $3,834 $369,000 $37,100 $331,900
2023 $3,782 $399,000 $35,300 $363,700
2022 $3,460 $354,000 $35,300 $318,700
2021 $3,303 $289,000 $33,600 $255,400
2020 $3,062 $263,000 $33,600 $229,400
2018 $2,664 $222,000 $28,300 $193,700
2017 $2,516 $199,000 $28,300 $170,700
2016 $2,175 $192,000 $28,300 $163,700
2015 $2,204 $156,000 $28,300 $127,700
2014 -- $155,000 $28,300 $126,700
2013 -- $112,000 $28,300 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2025413

Northwest Multiple Listing Service (NWMLS)

APN: 792268-0530