Listed by LPT Realty LLC, Bought with Better Properties Summit
NOT LISTED FOR SALE

23909 56th Ct S Unit F5 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $405,000 - $454,000

2 Beds
2 Baths
1,339 Sq Ft
1989 Built

Last Sold October 30, 2017

Last sale price $281,500 $210 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,618/month

2 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Corner Lot
  • Vaulted Ceiling
  • End Unit
  • Ground Level Unit

About This Home

As of October 2017

Remodeled, RARE single level end unit at The Lakes! Upgraded & move-in ready, this stunner boasts 2 bedrooms + den with glass french doors, vaulted great room w/fireplace, kitchen w/quartz counters, white cabinetry, & new flooring. Updated bathrooms feature granite counters, custom tile & new fixtures. Detached garage & spacious backyard. Very well maintained grounds & exterior by HOA. Walking distance to the Interurban Trail, ShoWare Center, Riverbend Golf Complex, Kent Commons & Ice Center.

Last Agent to Sell the Property

Tracie Balado

LPT Realty LLC License #112928 Listed on: 09/21/2017

LPT Realty LLC

Last Buyer's Agent

Laurie Colt

Better Properties Summit License #127066

Better Properties Summit

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1194301

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,339 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • French Doors
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Additional Features

  • Disabled Access
  • Balcony
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1085680260

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance
  • 26 Units
  • Diane Demeerler Association
  • Secondary HOA Phone (206) 755-6227
  • Bridgewater IV Condos
  • The Lakes Subdivision

Recreation

  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,708

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Other
  • Year Built: 1989
  • Inclusions: Dishwasher,Garbage Disposal,Microwave,Range/Oven
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Bridgewater IV
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1339
  • SeniorExemption: false
  • RemodeledUpdated: true
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Disabled Access,End Unit,French Doors,Ground Floor,Primary Bath,Vaulted Ceilings,Yard
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Yard, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Fireplace
  • Main Level Bedrooms: 2
  • Stories: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Range/Oven
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Alarm System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer

Condo/Co-op/Association

  • Community Features: Trail(s)
  • Senior Community: No
  • Association Fee: 276
  • Phone: 206-755-6227
  • AssociationContactName: Diane DeMeerler
  • CoOp: false
  • CommonPropertyFeatures: High Speed Int Avail,Trails

Fee Information

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

Schools

  • Junior High Dist: Kent
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1085680260
  • Irrigation Water Rights: No
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2708

Multi Family

  • Number Of Units In Community: 26
  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Martorana Diane
Bought by
Demeerleer Jared
Current Estimated Value
$431,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$185,384
Interest Rate
4.9%
Estimated Equity
$245,289

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 24, 2017
Sold by
Balado Jose A and Balado Tracie
Bought by
Martorana Diane
Seller's Agent
Tracie Balado
LPT Realty LLC
Buyer's Agent
Laurie Colt
Better Properties Summit
List Price
$273,950
Sold Price
$281,500
Premium/Discount to List
$7,550
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$81,500
Interest Rate
3.78%

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 23, 2017
Sold by
Ritchie James F
Bought by
Balado Jose A and Balado Tracie
Buyer's Agent
Tracie Balado
LPT Realty LLC
List Price
$247,900
Sold Price
$247,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.89%
Original Mortgage
$198,320
Interest Rate
4.09%

Purchase Details

Closed on
Feb 9, 2016
Sold by
Estate Of Jan M Ritchie
Bought by
Ritchie James F and Jan M Ritchie Credit Trust

Purchase Details

Closed on
Mar 23, 2015
Sold by
Bridgewater
Bought by
City Of Kent

Purchase Details

Closed on
Feb 22, 2006
Sold by
Pfitzner James H
Bought by
Dixon Jan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,750
Interest Rate
6.08%

Purchase Details

Closed on
Aug 6, 1997
Sold by
Glenn Dessie A
Bought by
Pfitzner James J and Pfitzner Audrey

Purchase Details

Closed on
Jan 26, 1994
Sold by
Gorman Barbara
Bought by
Glenn Dessie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,959
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Demeerleer Jared $285,000 Rainier Title Llc
Martorana Diane $281,500 Ticor Title
Balado Jose A $247,900 Cw Title Co
Ritchie James F -- None Available
City Of Kent -- Accommodation
Dixon Jan M $216,250 Pacific Nw Tit
Pfitzner James J $114,500 Commonwealth Land Title Ins
Glenn Dessie A $110,000 Transamerica Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demeerleer Jared $210,000
Previous Owner Martorana Diane $81,500
Previous Owner Balado Jose A $198,320
Previous Owner Dixon Jan M $142,750
Previous Owner Glenn Dessie A $150,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2017 10/30/17 Sold $281,500 +2.8% $210 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $273,950 +10.5% $205 / Sq Ft
03/01/2017 03/01/17 Sold $247,900 0.0% $185 / Sq Ft View Prior Sale
02/01/2017 02/01/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $247,900 -- $185 / 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 $4,198 $403,000 $54,100 $348,900
2023 $4,133 $455,000 $51,500 $403,500
2022 $4,038 $386,000 $51,500 $334,500
2021 $4,013 $338,000 $48,900 $289,100
2020 $3,714 $321,000 $48,900 $272,100
2018 $3,060 $269,000 $46,400 $222,600
2017 $2,708 $229,000 $46,200 $182,800
2016 $2,479 $206,000 $46,200 $159,800
2015 $2,751 $178,000 $46,200 $131,800
2014 -- $195,000 $46,200 $148,800
2013 -- $127,000 $46,200 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1194301

Northwest Multiple Listing Service (NWMLS)

APN: 108568-0260