Listed by Terry Wise & Associates, Bought with Coldwell Banker Danforth
$490,000
SOLD MAR 27, 2025

5401 S 237th Place Unit 17-4 Kent, WA 98032

The Lakes Neighborhood
3 Beds
2.5 Baths
1,439 Sq Ft
$390/mo HOA Fee

Recently Sold

$341 Per Sq Ft

4% Below List Price

Highlights

  • Territorial View
  • End Unit
  • Balcony
  • Vaulted Ceiling
  • Corner Lot
  • Skylights

About This Home

As of March 2025

Renovated in 2021, this corner-unit townhouse features three bedrooms, 2.5 baths, and a wood-burning fireplace. The layout includes a two-story entry, skylight, and vaulted ceilings in the living room, creating an open feel. An attached two-car garage provides convenient parking and storage. Just steps away from the Green River Trail for walking, running and biking. Located near I-5 and Highway 167, the home offers easy access to downtown Kent and Federal Way for a quick commute.

Last Agent to Sell the Property

Jeffrey McCann

Terry Wise & Associates License #19157 Listed on: 02/06/2025

Last Buyer's Agent

Mindy McClean

Coldwell Banker Danforth License #36758

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2329442

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 1994

Lot Details

  • End Unit

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 1,439 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, water
  • 66 Units
  • Community Association Manager Association
  • Secondary HOA Phone (425) 344-6560
  • Regatta At The Lakes Condos
  • The Lakes Subdivision

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,759

Year Built

Built in 1994

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1994
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Regatta at the Lakes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1439
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Skylights,Vaulted Ceilings,Walk-in Closet
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2329442?w=Consumer&agent=46042
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Structure Type: Townhouse
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 0

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless HP-Mini Split
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: PSE
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent
  • WaterHeaterLocation: Laudry

Condo/Co-op/Association

  • Community Features: Cable TV, High Speed Int Avail, Playground
  • Senior Community: No
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Phone: 425-344-6560
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Community Association Manager
  • CommonPropertyFeatures: Cable TV,High Speed Int Avail,Playground

Fee Information

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

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 7212220660
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

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

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4759

Multi Family

  • Number Of Units In Community: 66
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 22, 2025
Sold by
Cullinan Kamella K
Bought by
Mcclean Timothy H
Seller's Agent
Jeffrey McCann
Terry Wise & Associates
Buyer's Agent
Mindy McClean
Coldwell Banker Danforth
List Price
$513,000
Sold Price
$490,000
Premium/Discount to List
-$23,000
-4.48%
Views
56
Current Estimated Value
$492,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,434
Avg. Annual Appreciation
0.90%
Original Mortgage
$490,000
Outstanding Balance
$487,492
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$4,942

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jun 30, 2022
Sold by
Elaine C Diorio Trust
Bought by
Cullinan Kamella K
Seller's Agent
Gabrielle Nemes
RE/MAX Realty South
Buyer's Agent
Joshua Hall
John L. Scott, Inc
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
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
6.77%
Original Mortgage
$328,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2004
Sold by
Mclean Brian Patrick and Yari Julie M
Bought by
Diorio Elaine C and Elaine C Diorio Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
5.76%

Purchase Details

Closed on
Feb 19, 2001
Sold by
Mclean Brian Patrick and Yari Julie M
Bought by
Mclean Brian Patrick and Yari Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.89%

Purchase Details

Closed on
Jun 16, 1995
Sold by
Regatta At The Lakes Ltd Ptrshp
Bought by
Mclean Brian Patrick and Yari Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,450
Interest Rate
8.37%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $490,000 Chicago Title
Warranty Deed $410,000 Stewart Title
Warranty Deed $196,000 Stewart Title
Warranty Deed -- Stewart Title
Warranty Deed $142,990 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 New Conventional
Previous Owner $328,000 New Conventional
Previous Owner $156,800 No Value Available
Previous Owner $140,000 No Value Available
Previous Owner $137,450 No Value Available
Closed $23,200 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2025 03/27/25 Sold $490,000 -4.5% $341 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $513,000 +25.1% $356 / Sq Ft
07/07/2022 07/07/22 Sold $410,000 +2.8% $285 / Sq Ft View Prior Sale
06/13/2022 06/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $399,000 -- $277 / 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 $4,299 $410,000 $42,100 $367,900
2023 $4,759 $441,000 $40,100 $400,900
2022 $4,314 $417,000 $40,100 $376,900
2021 $4,014 $360,000 $38,100 $321,900
2020 $4,094 $319,000 $38,100 $280,900
2018 $3,742 $316,000 $35,100 $280,900
2017 $3,013 $282,000 $35,100 $246,900
2016 $2,877 $229,000 $35,100 $193,900
2015 $2,732 $207,000 $35,100 $171,900
2014 -- $192,000 $35,100 $156,900
2013 -- $130,000 $35,100 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2329442

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0660