NOT LISTED FOR SALE

23715 56th Place S Unit 7-4 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $507,000 - $530,000

3 Beds
2.5 Baths
1,439 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $494,950 $344 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,663/month

1 Day on Market

Highlights

  • Property is near public transit
  • End Unit
  • Balcony
  • Vaulted Ceiling
  • Corner Lot
  • Soaking Tub

About This Home

As of March 2023

Welcome to Regatta at The Lakes. This end unit townhome offers new paint & new laminate flooring on the main level. Vaulted ceilings, formal dining & patio access make this feel more like a home than a townhome. We believe this is the only unit with a gas fireplace in the entire complex. Original owner had extra insulation installed on the exterior walls & privacy film over the windows allowing you to see out but limiting visibility from the exterior. Kitchen features updated bleached oak cabinetry & eat up bar. Attached drywalled 2 car garage. Upper level features primary suite w/ 5pc bath & walk in closet w/ built ins. Full bath + 2 more rooms - one setup w/ built in office. HOA covers water/sewer/exterior/common area maintenance.

Last Agent to Sell the Property

Ryan Runge

American Classic Homes License #25405 Listed on: 02/24/2023

Last Buyer's Agent

Andrew Timm

John L. Scott, Inc License #96177

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2039230

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $738

Year Built

  • Built in 1994

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,439 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Blinds

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Property is near public transit
  • Baseboard Heating

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 7212220140

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, water
  • 66 Units
  • Regatta Condos
  • The Lakes Subdivision
  • Park Phone (425) 747-5900 | Manager MacPhersons

Recreation

  • Community Playground
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$738

Year Built

Built in 1994

Lot Details

0

HOA Fees

$380 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1994
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Regatta
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1439
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Vaulted Ceilings,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 818

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • WindowCoverings: Blinds
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Metal/Vinyl
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Community Features: Outside Entry, Playground, See Remarks, Trail(s)
  • Park Manager Name: MacPhersons
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • CoOp: false
  • CommonPropertyFeatures: Outside Entry,Playground,See Remarks,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: 7212220140
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 738

Multi Family

  • Number Of Units In Community: 66
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 7, 2023
Sold by
Hadlow Caroline
Bought by
Borovicka Christopher D and Day Jo Ann
Seller's Agent
Ryan Runge
American Classic Homes
Buyer's Agent
Andrew Timm
John L. Scott, Inc
List Price
$494,950
Sold Price
$494,950
Total Days on Market
1
Views
18
Current Estimated Value
$517,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,731
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
Oct 28, 2008
Sold by
Powers Michael J and Powers Mary P
Bought by
Hadlow Caroline

Purchase Details

Closed on
Feb 27, 1995
Sold by
Regatta At The Lakes Ltd Prtsp
Bought by
Powers Michael J and Powers Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.09%
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
Borovicka Christopher D $494,950 Chicago Title
Hadlow Caroline $255,000 Old Republic T
Powers Michael J $134,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hadlow Caroline M $30,000
Previous Owner Powers Michael J $140,425
Previous Owner Powers Michael J $75,000
Previous Owner Powers Michael J $50,000
Previous Owner Powers Michael J $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $494,950 0.0% $344 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $494,950 -- $344 / 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 $4,528 $434,000 $41,900 $392,100
2023 $643 $486,000 $39,900 $446,100
2022 $738 $423,000 $39,900 $383,100
2021 $875 $365,000 $37,900 $327,100
2020 $865 $262,000 $26,200 $235,800
2018 $830 $262,000 $26,200 $235,800
2017 $775 $282,000 $34,900 $247,100
2016 $1,143 $239,000 $34,900 $204,100
2015 $1,030 $207,000 $34,900 $172,100
2014 -- $192,000 $34,900 $157,100
2013 -- $130,000 $34,900 $95,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2039230

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0140