NOT LISTED FOR SALE

5403 S 234th St Unit 5-3 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $474,000 - $507,000

3 Beds
2.5 Baths
1,394 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $462,000 $331 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,479/month

129 Days on Market

Highlights

  • Property is near public transit
  • Ground Level Unit
  • Walk-In Closet
  • Vaulted Ceiling
  • Private Yard
  • Bathroom on Main Level

About This Home

As of December 2024

Well maintained upscale townhouse at Promenade at the Lakes. Great location w/ easy access to river trails, golf, bike paths & Kent Station. 2.5 miles to the Light Rail system. Close to all amenities. The large Primary Bedroom has vaulted ceilings, a full bath & a big walk-in closet, second bedroom is amazingly large, attached garage, living and dining area very spacious All appliances are included! One additional parking pass provided.

Last Agent to Sell the Property

Dan Joehnk

Greater Peninsula Properties License #27512 Listed on: 08/01/2024

Last Buyer's Agent

Diana Bilovol

Skyline Properties, Inc. License #21025536

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2273293

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,992

Year Built

  • Built in 1996

Lot Details

  • North Facing Home
  • Private Yard
  • Yard

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Blinds

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Electric Dryer
  • Washer

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Neely O Brien Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include sewer, water
  • 220 Units
  • Sharon Mckinney Association
  • Secondary HOA Phone (425) 344-6560
  • Promenade By The Lakes Condos
  • Kent Subdivision
  • Park Phone (425) 344-6560 | Manager Sharon McKinney

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,992

Year Built

Built in 1996

Lot Details

0

HOA Fees

$385 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1996
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Promenade By the Lakes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1394
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Ground Floor,Primary Bath,Vaulted Ceilings,Walk-in Closet,Yard
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2273293?w=Consumer&agent=107209
  • Special Features: None
  • Cumulative Days on Market: 282

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), 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: Laminate, Vinyl, Carpet
  • Interior Amenities: Cooking-Electric, Dryer-Electric, Fireplace, Laminate, Wall to Wall Carpet, Washer, Water Heater, Yard
  • 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),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • WindowCoverings: Blinds
  • NWM_NumberOfBathtubs: 2

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Park Manager Name: Sharon McKinney
  • Park Manager Phone: 425-344-6560
  • Senior Community: No
  • Association Fee: 385
  • Association Fee Frequency: Monthly
  • Phone: 425-344-6560
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Sharon McKinney
  • CoOp: false

Fee Information

  • Association Fee Includes: Sewer, Water

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Mill Creek Mid Sch

Lot Info

  • Parcel Number: 6899950190
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4992

Multi Family

  • Number Of Units In Community: 220
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Dec 30, 2024
Sold by
Pappas John Steven
Bought by
Wilson Christofer Scott and Clarke Lisa M
Seller's Agent
Dan Joehnk
Greater Peninsula Properties
Buyer's Agent
Diana Bilovol
Skyline Properties, Inc.
List Price
$505,000
Sold Price
$462,000
Premium/Discount to List
-$43,000
-8.51%
Total Days on Market
129
Views
81
Current Estimated Value
$493,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,182
Avg. Annual Appreciation
14.77%
Original Mortgage
$453,632
Outstanding Balance
$452,461
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$42,481

Purchase Details

Listed on
Sep 21, 2019
Closed on
Nov 4, 2019
Sold by
Weston Bradley T and Weston Leslie W
Bought by
Pappas John Steven
Seller's Agent
Angela Angell
Coldwell Banker Bain
Buyer's Agent
Dan Joehnk
Greater Peninsula Properties
List Price
$327,000
Sold Price
$305,000
Premium/Discount to List
-$22,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
Feb 10, 2012
Closed on
Mar 14, 2012
Sold by
Harper Stephen R and Harper Lisa D
Bought by
Weston Bradley T and Weston Leslie W
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$119,200
Interest Rate
3.91%

Purchase Details

Closed on
Jul 25, 2003
Sold by
Steeds Mark W and Steeds Sonhui P
Bought by
Harper Stephen P and Harper Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,770
Interest Rate
4.75%

Purchase Details

Closed on
Apr 10, 2002
Sold by
Steeds Mark W
Bought by
Steeds Mark W and Steeds Sonhui P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.08%

Purchase Details

Closed on
Dec 13, 1996
Sold by
Promenade One Llc
Bought by
Steeds Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
7.67%
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
Wilson Christofer Scott $462,000 Aegis Land Title Group
Pappas John Steven $305,000 Stewart Title
Weston Bradley T $149,000 Rainier Title
Harper Stephen P $179,770 Washington Tit
Steeds Mark W -- Transnation Title Insurance
Steeds Mark W $130,990 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Christofer Scott $453,632
Previous Owner Weston Bradley T $119,200
Previous Owner Harper Stephen P $172,000
Previous Owner Harper Stephen P $32,250
Previous Owner Harper Stephen P $179,770
Previous Owner Steeds Mark W $122,000
Previous Owner Steeds Mark W $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $462,000 -2.7% $331 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $475,000 -3.1% $341 / Sq Ft
09/27/2024 09/27/24 Price Changed $489,950 -3.0% $351 / Sq Ft
08/01/2024 08/01/24 For Sale $505,000 +65.6% $362 / Sq Ft
11/06/2019 11/06/19 Sold $305,000 -4.4% $219 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $319,000 -2.4% $229 / Sq Ft
10/10/2019 10/10/19 For Sale $327,000 0.0% $235 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $327,000 +119.5% $235 / Sq Ft
04/06/2012 04/06/12 Sold $149,000 0.0% $107 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $149,000 -- $107 / 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 $4,281 $411,000 $35,400 $375,600
2023 $4,992 $467,000 $33,700 $433,300
2022 $3,849 $413,000 $33,700 $379,300
2021 $3,887 $321,000 $32,000 $289,000
2020 $3,741 $310,000 $32,000 $278,000
2018 $3,077 $270,000 $26,900 $243,100
2017 $2,565 $230,000 $26,900 $203,100
2016 $2,378 $194,000 $26,900 $167,100
2015 $2,319 $170,000 $26,900 $143,100
2014 -- $162,000 $26,900 $135,100
2013 -- $128,000 $26,900 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2273293

Northwest Multiple Listing Service (NWMLS)

APN: 689995-0190