NOT LISTED FOR SALE

5123 S 234th Place Unit 16-2 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $408,000 - $463,000

2 Beds
2 Baths
1,036 Sq Ft
28 Acres

Last Sold September 21, 2020

Last sale price $350,000 $338 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,750/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Garage
  • Wall to Wall Carpet
  • 1 Fireplace
  • Wood Siding

About This Home

As of September 2020

Recently refreshed condo in the gated community of Marina Pointe. New carpet, new paint, professionally cleaned so its ready to move into and call home! Private back patio, A/C, gas fireplace, 1-car garage, large open kitchen with ample cabinets and vaulted ceilings throughout living space. 2 full baths! Well maintained complex, no assessments.

Last Listed By

Christian Lalario

Coldwell Banker Bain License #77958 Listed on: 08/12/2020

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1644113

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1996

Lot Details

  • Street terminates at a dead end

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 5148970510

Community Details

Overview

  • The Lakes Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,071

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Craftsman
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1036

Exterior Features

  • Exterior: Metal/Vinyl, Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: garage-gas

Condo/Co-op/Association

  • Numberof Units In Complex: 150
  • HOA Fees: 330
  • Community Name: The Lakes
  • Project: Marina Pointe
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: MacPherson (425) 747-5900
  • Common Property Features: Cable Tv, High Speed Int Avail, Security Gate, Trails
  • Home Owner Dues Included: Earthquake Ins., Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Master Bath, Vaulted Ceilings

Schools

  • Elementary School: Neely O Brien Elem
  • Middle School: Kent Jnr High
  • High School: Kent-Meridian High
  • School District: KNT

Lot Info

  • Lot Details: Curbs, Dead End Street, Paved Street, Sidewalk
  • Parcel Number: 5148970510

Tax Info

  • Tax Amount: 2952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 10, 2020
Sold by
Mcmanus John and The Ross Family 1995 Revocable
Bought by
Telnova Svetlana and Grebennikovs Valerijs
Seller's Agent
Christian Lalario
Coldwell Banker Bain
Buyer's Agent
Jamie Balise
Lotside
List Price
$350,000
Sold Price
$350,000
Total Days on Market
8
Current Estimated Value
$432,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,824
Avg. Annual Appreciation
4.66%
Original Mortgage
$339,500
Outstanding Balance
$304,167
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,657

Purchase Details

Closed on
Apr 22, 2020
Sold by
Momanus John and Estate Of David J Ross
Bought by
The Ross Family 1995 Revocable Trust

Purchase Details

Closed on
Dec 13, 2019
Sold by
Ross David J
Bought by
Estate Of David J Ross

Purchase Details

Listed on
Apr 12, 2017
Closed on
Apr 11, 2017
Sold by
Maks Group Llc
Bought by
Ross David J
Seller's Agent
Mary Orvis
Orvis & Orvis Real Estate LLC
Buyer's Agent
No Member Specified
NWMLS-NonOffice
List Price
$274,000
Sold Price
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$183,501
Interest Rate
4.12%

Purchase Details

Listed on
Apr 12, 2017
Closed on
Feb 16, 2017
Sold by
Cavanaugh Christine D
Bought by
Maks Group Llc and Eastside Funding Llc
Seller's Agent
Mary Orvis
Orvis & Orvis Real Estate LLC
Buyer's Agent
No Member Specified
NWMLS-NonOffice
List Price
$274,000
Sold Price
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,501
Interest Rate
4.12%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Eastside Funding Llc
Bought by
Maks Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,501
Interest Rate
4.12%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Baer Lester H and Baer Linda L
Bought by
Cavanaugh Victor R and Cavanaugh Christine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.12%

Purchase Details

Closed on
Jan 28, 2000
Sold by
Padgett C G and Padgett Donie
Bought by
Baer Lester H and Baer Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.96%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Marina Pointe Two Llc
Bought by
Padgett C G and Padgett Donie

Range of Values:

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Average Value
Not Available
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
Telnova Svetlana $350,000 First American
The Ross Family 1995 Revocable Trust -- None Available
Estate Of David J Ross -- None Available
Ross David J $274,000 First American
Maks Group Llc $198,626 None Available
Maks Group Llc -- None Available
Cavanaugh Victor R $149,750 Chicago Title Insurance Co
Baer Lester H $135,000 Evergreen Title Company Inc
Padgett C G $132,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Telnova Svetlana $339,500
Previous Owner Maks Group Llc $183,501
Previous Owner Cavanaugh Christine D $309,000
Previous Owner Cavanaugh Victor R $99,750
Previous Owner Baer Lester H $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $350,000 0.0% $338 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $350,000 +27.7% $338 / Sq Ft
04/12/2017 04/12/17 Sold $274,000 0.0% $264 / Sq Ft
04/12/2017 04/12/17 For Sale $274,000 -- $264 / 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 $4,071 $394,000 $61,100 $332,900
2023 $4,030 $426,000 $58,000 $368,000
2022 $3,901 $379,000 $58,000 $321,000
2021 $3,706 $328,000 $54,900 $273,100
2020 $3,587 $297,000 $54,900 $242,100
2018 $3,073 $247,000 $51,800 $195,200
2017 $990 $232,000 $51,800 $180,200
2016 $973 $222,000 $51,800 $170,200
2015 $991 $182,000 $51,800 $130,200
2014 -- $181,000 $51,800 $129,200
2013 -- $123,000 $49,600 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1644113

Northwest Multiple Listing Service (NWMLS)

APN: 514897-0510