Listed by Keller Williams Realty Bothell, Bought with Tribeca NW Real Estate
NOT LISTED FOR SALE

5420 S 237th Place Unit 15-2 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $401,000 - $411,054

2 Beds
2.5 Baths
1,041 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $415,000 $399 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,823/month

30 Days on Market

Highlights

  • Territorial View
  • Patio
  • Ceramic Tile Flooring
  • Balcony
  • Bathroom on Main Level
  • Baseboard Heating

About This Home

As of July 2024

Welcome to The Lakes Community! Discover this charming townhouse-style condo in a prime location! This home boasts 2 bedrooms, 2.25 bathrooms, and a fantastic HOA that covers water, sewer and more. Plenty of parking throughout community. With newer LVP flooring on the main floor, modern appliances, and smart switches throughout, this condo is move-in ready. Enjoy the convenience of an individual garage and a Samsung washer and dryer that stay. Nestled centrally between Tacoma, Bellevue, and Seattle, you'll have easy access to all the area's attractions. Plus, the Green River Trail is right behind your new home, perfect for outdoor enthusiasts. Don't miss this opportunity to own a beautifully updated condo in a highly desirable location!

Last Agent to Sell the Property

Richard Vannoy

Keller Williams Realty Bothell License #23033740 Listed on: 05/16/2024

Keller Williams Realty Bothell

Last Buyer's Agent

Emily Butts

Tribeca NW Real Estate License #23012558

Tribeca NW Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2231380

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 1994

Lot Details

  • Sprinkler System

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,041 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include central hot water, common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, water
  • 66 Units
  • HOA Advisory Group Sharon Mckinney Association
  • Secondary HOA Phone (425) 344-6560
  • Regatta At The Lakes Condos
  • The Lakes Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,490

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: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Regatta at The Lakes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1041
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Sprinkler System
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2231380?w=Consumer&agent=101489
  • 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: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Fireplace, Water Heater
  • Main Level Bathrooms: 1
  • Stories: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • StorageNo: Patio
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Patio & Garage

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Phone: 425-344-6560
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: HOA Advisory Group - Sharon McKinney

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 7212220560
  • Irrigation Water Rights: No
  • ShowMapLink: true

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

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

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4490

Multi Family

  • Number Of Units In Community: 66
  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 13, 2021
Sold by
Stacy Theresa
Bought by
Gineo Michael Joseph and Lee Seulbee
Seller's Agent
Kathi Suske-Jones
KW Mountains to Sound Realty
Buyer's Agent
Chung Moon
Keller Williams Realty Bothell
List Price
$355,000
Sold Price
$375,000
Premium/Discount to List
$20,000
5.63%
Current Estimated Value
$404,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,264
Avg. Annual Appreciation
1.91%
Original Mortgage
$375,000
Outstanding Balance
$344,809
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$59,455

Purchase Details

Closed on
Dec 22, 1994
Sold by
Regatta At The Lakes Ltd Partnership
Bought by
Stacy Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
9.2%

Purchase Details

Closed on
Jul 11, 1994
Sold by
Overbye Olive E
Bought by
Viehmann Betty J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gineo Michael Joseph $375,000 Ticor Title
Stacy Theresa $108,990 Transamerica Title Ins Co
Viehmann Betty J $192,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gineo Michael Joseph $375,000
Previous Owner Stacy Theresa $105,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $415,000 0.0% $399 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $415,000 -1.2% $399 / Sq Ft
05/16/2024 05/16/24 For Sale $420,000 +12.0% $403 / Sq Ft
12/17/2021 12/17/21 Sold $375,000 +5.6% $360 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $355,000 -- $341 / 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 $3,799 $363,000 $42,100 $320,900
2023 $4,490 $419,000 $40,100 $378,900
2022 $3,548 $345,000 $40,100 $304,900
2021 $3,249 $295,000 $38,100 $256,900
2020 $3,257 $257,000 $38,100 $218,900
2018 $2,817 $241,000 $35,100 $205,900
2017 $2,362 $210,000 $35,100 $174,900
2016 $2,100 $178,000 $35,100 $142,900
2015 $1,980 $149,000 $35,100 $113,900
2014 -- $137,000 $35,100 $101,900
2013 -- $99,000 $35,100 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2231380

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0560