Listed by Skyline Properties, Inc., Bought with KW Mountains to Sound Realty
$380,000
SOLD JUN 15, 2022

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

The Lakes Neighborhood
2 Beds
2.5 Baths
1,041 Sq Ft
$342/mo HOA Fee

Recently Sold

$365 Per Sq Ft

6 Days on Market

Highlights

  • 6.74 Acre Lot
  • Territorial View
  • Walk-In Closet
  • Property is near public transit
  • 1 Fireplace
  • Community Playground

About This Home

As of February 2023

Welcome to the very desirable Spinnaker Pointe Community at The Lakes!! This well laid out, move-in ready condo features lots of natural light, gorgeous new floors on the main floor, w/a fireplace and slider to the back patio. Each of 2 primary bedrooms has it's own private ensuite bathroom! One w/a 3/4 bath, one w/a full bath! Fantastic Location! Minutes from parks, restaurants, shopping and entertainment! Close to Kent Station, Downtown Des Moines, SeaTac Airport. Easy access to freeways, light rail and sounder. Tucked into a beautiful, quiet community w/exclusive walking paths, benches & ponds/fountains in a serene lake setting! All appliances stay! Garage & Storage room included. Ask about the FREE 1 YEAR HOME WARRANTY! Welcome Home!!

Last Agent to Sell the Property

Karen Mitchell

Skyline Properties, Inc. License #113753 Listed on: 05/11/2022

Skyline Properties, Inc.

Last Buyer's Agent

Guriqbal Singh

KW Mountains to Sound Realty License #127769

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1930745

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,303

Year Built

  • Built in 1995

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • Garage

Home Design

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

Interior Spaces

  • 1,041 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7922680530

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, water
  • 83 Units
  • Heather Ladue Association
  • Secondary HOA Phone (425) 897-3400
  • Spinnaker Pointe At Lakes Condo
  • The Lakes Subdivision
  • Park Phone (425) 897-3400 | Manager The Management Trust

Recreation

  • Community Playground

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,303

Year Built

Built in 1995

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1995
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Spinnaker Pointe at Lakes Condo
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1041
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,149

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Stories: 2
  • 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,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood, Wood Products
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 913

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, Wood, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: Baseboard,Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Playground
  • Park Manager Name: The Management Trust
  • Park Manager Phone: 425-897-3400
  • Senior Community: No
  • Association Fee: 342
  • Association Fee Frequency: Monthly
  • Phone: 425-897-3400
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Heather LaDue
  • CommonPropertyFeatures: Playground

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, 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
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3303

Multi Family

  • Number Of Units In Community: 83
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 4

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
Current Estimated Value
$389,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,154
Avg. Annual Appreciation
0.90%
Original Mortgage
$342,000
Outstanding Balance
$327,702
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$63,188

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
$63,188

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
8.36%
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 Type Sale Price Title Company
Warranty Deed $380,000 Rainier Title Company
Quit Claim Deed -- Rainier Title Company
Quit Claim Deed $69,393 Chicago Title Company Of Wa
Warranty Deed $198,200 Ticor National
Warranty Deed $153,000 Washington Tit
Warranty Deed $96,990 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,000 New Conventional
Previous Owner $145,428 New Conventional
Previous Owner $148,200 No Value Available
Previous Owner $174,600 No Value Available
Previous Owner $145,350 No Value Available
Previous Owner $94,250 No Value Available
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: 1930745

Northwest Multiple Listing Service (NWMLS)

APN: 792268-0530