NOT LISTED FOR SALE

Estimated Value: $457,000 - $469,000

3 Beds
3 Baths
1,233 Sq Ft
6 Acres

Last Sold December 21, 2020

Last sale price $360,000 $292 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,814/month

5 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Garage
  • Bamboo Flooring

About This Home

As of December 2020

Golden opportunity to own a 3 bedroom townhome in the community of Regatta at The Lakes! Featuring an open main living space with a cozy wood burning fireplace, an abundance of natural light, gorgeous bamboo flooring, soaring ceilings and opens to your private trex deck. Exquisitely updated kitchen comes with hickory cabinets, corian countertops and stainless steel appliances (2 yrs old). Spacious master bedroom with a large closet, stylish fixture and private bath with dual sinks. Detached 1 car garage and additional storage on back deck. Easy commute to 167 and I-5, seatac airport and kent station. Strong HOA with no special assessments & covers W/S/G as well as common area maintenance. Don't miss your chance to call this great unit home!

Last Agent to Sell the Property

Jon Bye

John L. Scott, Inc License #25593 Listed on: 11/12/2020

John L. Scott, Inc

Last Buyer's Agent

Judy Guo

Kelly Right RE of Seattle LLC License #140125

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1687420

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1994

Lot Details

  • 6

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 7212220190

Community Details

Overview

  • 4 Units
  • The Lakes Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,092

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Entrance Level: Main
  • Senior Exemption: Y
  • Unit Floor Number: 1
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1233

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Individual Garage, Uncovered

Utilities

  • Heating And Cooling: Wall

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • Numberof Units In Complex: 66
  • HOA Fees: 360
  • Community Name: The Lakes
  • Project: Regatta at The Lakes
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: MacPhersons Property Mngmnt (425) 747-5900
  • Association Contact: Sharon McKinney (425) 747-5900
  • Common Property Features: Cable Tv, High Speed Int Avail, Outside Entry, Trails
  • Home Owner Dues Included: Earthquake Ins., Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Insulated Windows, Master Bath, Vaulted Ceilings, Walk-In Closet

Schools

  • School District: KNT

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 7212220190

Tax Info

  • Tax Amount: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 17, 2020
Sold by
Merkel Philip R and Tasca Rosemarie
Bought by
Maiuri Kellen Michael
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
Judy Guo
Kelly Right RE of Seattle LLC
List Price
$359,950
Sold Price
$360,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$451,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,630
Avg. Annual Appreciation
5.82%
Original Mortgage
$288,000
Outstanding Balance
$217,852
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$250,249

Purchase Details

Closed on
Apr 2, 1996
Sold by
Mathisen Karen K
Bought by
Merkel Philip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,240
Interest Rate
7.34%

Purchase Details

Closed on
Apr 24, 1995
Sold by
Regatta At The Lakes Ltd Partnership
Bought by
Mathisen Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
8.44%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maiuri Kellen Michael $360,000 Old Republic Title Ltd
Merkel Philip R $112,000 Old Republic Title Ltd
Mathisen Karen K $128,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maiuri Kellen Michael $288,000
Previous Owner Merkel Philip R $111,625
Previous Owner Merkel Philip R $114,240
Previous Owner Mathisen Karen K $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $360,000 0.0% $292 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $359,950 -- $292 / 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 $4,092 $391,000 $41,900 $349,100
2023 $4,090 $438,000 $39,900 $398,100
2022 $3,948 $381,000 $39,900 $341,100
2021 $3,496 $329,000 $37,900 $291,100
2020 $721 $242,000 $34,900 $207,100
2018 $3,230 $242,000 $34,900 $207,100
2017 $2,705 $242,000 $34,900 $207,100
2016 $2,463 $205,000 $34,900 $170,100
2015 $2,323 $176,000 $34,900 $141,100
2014 -- $162,000 $34,900 $127,100
2013 -- $114,000 $34,900 $79,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1687420

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0190