NOT LISTED FOR SALE

5406 S 237th Place Unit 1-4 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $396,000 - $417,000

3 Beds
2 Baths
1,063 Sq Ft
6.07 Acres

Last Sold February 18, 2021

Last sale price $355,100 $334 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,433/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Corner Lot
  • Territorial View
  • 1 Fireplace
  • Garage

About This Home

As of February 2021

Live, shop, work, play! Stylish one level, ADA-accessible end-unit offers open concept living spaces, cozy gas frplc, fresh paint, new carpet and more. Cheery kitchen features granite countertops, SS applcs (stay). Three bdrms incld primary suite w/bath; full guest bath. Mature plants and trees provide privacy; patio ideal for BBQs, has addtl storage. Garage plus ADA pkg space. Just out your door: Community playground, Little Library, historic Neely homestead/garden. Walk it, ride it -- 19.5 miles of Green River Trail, exercise stations. Golf/driving range, Hogan Prk synthetic turf for soccer/flag football/rugby yr 'round, three natural turf ball fields. Ice center, batting cages, mini golf, eateries, Sounders Transit, main commutes nearby.

Last Agent to Sell the Property

Kathi Suske-Jones

KW Mountains to Sound Realty License #49140 Listed on: 02/04/2021

KW Mountains to Sound Realty

Last Buyer's Agent

Grace Lee

John L. Scott, Inc. License #116888

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1719462

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • 6.07

Home Design

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

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Garage
  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 7212220380

Community Details

Overview

  • 4 Units
  • The Lakes Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Craftsman
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Laminate, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Off patio
  • Storage Number: Self contained
  • Estimated Sq Ft: 1063
  • Window Coverings: Included

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Individual Garage, Off Street, Uncovered
  • Parking Space Number: ADA

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: Storage-Gas

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • Numberof Units In Complex: 66
  • HOA Fees: 370
  • Community Name: The Lakes
  • Project: Regatta At The Lakes
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: MacPherson's Property Mgt (425) 747-5900
  • Association Contact: S. McKinney (425) 344-6560
  • Common Property Features: High Speed Int Avail, Outside Entry, Trails
  • Home Owner Dues Included: Cable Tv, Central Hot Water, Earthquake Ins., Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Insulated Windows, Master Bath, Yard

Schools

  • School District: KNT

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 7212220380

Tax Info

  • Tax Amount: 3354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Feb 16, 2021
Sold by
Griggs Phillip Bryan and Griggs Karen Male
Bought by
Zhang Shenggang and Li Zhengrong
Seller's Agent
Kathi Suske-Jones
KW Mountains to Sound Realty
Buyer's Agent
Grace Lee
John L. Scott, Inc.
List Price
$325,000
Sold Price
$355,100
Premium/Discount to List
$30,100
9.26%
Current Estimated Value
$403,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,041
Avg. Annual Appreciation
2.68%

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 2, 2016
Sold by
Mehta Madhu
Bought by
Griggs Phillip and Griggs Karen M
Seller's Agent
Kathi Suske-Jones
KW Mountains to Sound Realty
Buyer's Agent
Belinda Hodge
Coldwell Banker Bain
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Sep 16, 2003
Sold by
Ridzon Magdalena M
Bought by
Mehta Madhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,950
Interest Rate
6.3%

Purchase Details

Closed on
Mar 26, 2001
Sold by
Schons David A and Schons Yvonne
Bought by
Ridzon Magdalena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,350
Interest Rate
7.19%

Purchase Details

Closed on
Apr 12, 1995
Sold by
Regatta At The Lakes Ltd Ptrshp
Bought by
Schons David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zhang Shenggang $355,100 Ticor Title
Griggs Phillip $240,000 Fidelity Natio
Mehta Madhu $159,950 Stewart Title
Ridzon Magdalena M $142,500 Stewart Title
Schons David A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Madhu $127,950
Previous Owner Ridzon Magdalena M $135,350
Previous Owner Schons David A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2021 02/18/21 Sold $355,100 +9.3% $334 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $325,000 +35.4% $306 / Sq Ft
06/06/2016 06/06/16 Sold $240,000 0.0% $226 / Sq Ft View Prior Sale
05/18/2016 05/18/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $240,000 -- $226 / 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 $3,754 $358,000 $41,900 $316,100
2023 $3,763 $403,000 $39,900 $363,100
2022 $3,640 $350,000 $39,900 $310,100
2021 $3,334 $303,000 $37,900 $265,100
2020 $3,354 $264,000 $37,900 $226,100
2018 $2,905 $248,000 $34,900 $213,100
2017 $2,437 $217,000 $34,900 $182,100
2016 $933 $184,000 $34,900 $149,100
2015 $989 $157,000 $34,900 $122,100
2014 -- $144,000 $34,900 $109,100
2013 -- $104,000 $34,900 $69,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1719462

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0380