Listed by RE/MAX Integrity, Bought with Real Broker LLC
$477,000
SOLD OCT 17, 2024

5408 S 237th Place Unit 2-1 Kent, WA 98032

The Lakes Neighborhood
3 Beds
2.5 Baths
1,247 Sq Ft
$380/mo HOA Fee

Recently Sold

$383 Per Sq Ft

5% Below List Price

Highlights

  • Property is near public transit
  • End Unit
  • Patio
  • Territorial View
  • Balcony
  • Bathroom on Main Level

About This Home

As of October 2024

Welcome to this gorgeous townhome in Regatta at the Lakes! Featuring a full interior remodel from top to bottom this lovely home has 3 bdrms & 2.5 baths. Step into beautiful LVP flooring throughout the main level & all-new carpet upstairs. The fully updated kitchen boasts white shaker cabinetry, SS appliances & quartz countertops. The spacious living and dining rooms, with a cozy fireplace, provide the perfect space for relaxation and entertaining. Upstairs, you'll love the luxurious Primary suite with Ensuite bathroom. Additional features include a one-car garage for your convenience. The location is unbeatable, with close proximity to I-5, 167, Kent Station, schools, airport, Riverbend Golf course, skating rink & over 19 miles of trails!

Last Agent to Sell the Property

Carol Fisher

RE/MAX Integrity License #23023389 Listed on: 07/18/2024

RE/MAX Integrity

Last Buyer's Agent

Lauren Amador

Real Broker LLC License #21024873

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2265446

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,664

Year Built

  • Built in 1994

Lot Details

  • End Unit

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,247 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Neely O Brien Elementary School

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • 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
  • HOA Advisory Group Sharon Mckinney Association
  • Secondary HOA Phone (425) 344-6560
  • The Lakes Condos
  • The Lakes Subdivision
  • Park Phone (425) 344-6560 | Manager HOA Advisory Group - Sharon McKinney

Recreation

  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,664

Year Built

Built in 1994

Lot Details

0

HOA Fees

$380 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1994
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Garbage Disposal,LeasedEquipment,Microwave(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: The Lakes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1247
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath
  • SOCComments: Staged and ready to show!
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2265446?w=Consumer&agent=59725
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Electric, Dryer-Electric, Fireplace, Ice Maker, Laminate, Wall to Wall Carpet, Washer, Water Heater
  • Main Level Bathrooms: 1
  • Stories: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Stove(s)/Range(s)
  • StorageLocation: Patio
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

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

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,Ice Maker,Washer
  • WaterHeaterLocation: Upstairs closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, High Speed Int Avail, Outside Entry, Trail(s)
  • Park Manager Name: HOA Advisory Group - Sharon McKinney
  • Park Manager Phone: 425-344-6560
  • Senior Community: No
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Phone: 425-344-6560
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: HOA Advisory Group - Sharon McKinney
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,High Speed Int Avail,Outside Entry,Trails

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 7212220390
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: County

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4664

Multi Family

  • Number Of Units In Community: 66
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2016
Sold by
Emery Monica E
Bought by
Emery Monica E and Blake Tracy
Current Estimated Value
$474,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Outstanding Balance
$77,448
Interest Rate
3.43%
Estimated Equity
$396,591

Purchase Details

Closed on
Feb 14, 2007
Sold by
Price Thomas H and Price Lucile E
Bought by
Emery Monica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.19%

Purchase Details

Closed on
Dec 13, 1994
Sold by
Regatta At The Lakes Ltd Partnership
Bought by
Price Thomas H and Price Lucile E
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 -- Servicelink
Warranty Deed $252,500 Fidelity Natio
Warranty Deed $118,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,500 No Value Available
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $477,000 -0.6% $383 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $480,000 -1.4% $385 / Sq Ft
08/10/2024 08/10/24 Price Changed $487,000 -2.6% $391 / Sq Ft
07/18/2024 07/18/24 For Sale $500,000 -- $401 / 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 $4,035 $385,000 $41,900 $343,100
2023 $4,664 $434,000 $39,900 $394,100
2022 $3,891 $375,000 $39,900 $335,100
2021 $3,596 $324,000 $37,900 $286,100
2020 $3,616 $285,000 $37,900 $247,100
2018 $3,230 $274,000 $34,900 $239,100
2017 $2,705 $242,000 $34,900 $207,100
2016 $2,463 $205,000 $34,900 $170,100
2015 $2,323 $176,000 $34,900 $141,100
2014 -- $162,000 $34,900 $127,100
2013 -- $114,000 $34,900 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2265446

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0390