Listed by KW Mountains to Sound Realty, Bought with John L. Scott Port Ludlow
NOT LISTED FOR SALE

5431 S 237th Place Unit 13-1 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $448,243 - $474,000

3 Beds
2.5 Baths
1,233 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $342,000 $277 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,056/month

4 Days on Market

Highlights

  • Craftsman Architecture
  • Territorial View
  • End Unit
  • Property is near public transit
  • 1 Fireplace
  • Corner Lot

About This Home

As of September 2020

Classy end unit showcases open concept living, light-fill spaces, rich finishes and style galore. Custom cherry kitchen cbnts, buffet, granite, newer SS fridge, stove. Upper level: Master suite w/own bath, two addtl bdrms, guest bath; half bath, W&D down. Patio ideal for container garden. Garage w/storage. Playground + 5 workout stations, b-ball crt + biking/walking 19.5 mi trails + 5 ball fields + 18 hole golf + ice rink + Meeker Street Urban Village. Bus, Sounder, light rail transit options.

Last Agent to Sell the Property

Kathi Suske-Jones

KW Mountains to Sound Realty License #49140 Listed on: 08/27/2020

KW Mountains to Sound Realty

Last Buyer's Agent

Jamie Jensen

John L. Scott Port Ludlow License #25359

John L. Scott Port Ludlow

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1641565

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,676

Year Built

  • Built in 1999

Lot Details

  • Open Space
  • End Unit

HOA Fees

  • $360 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,233 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Blinds
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Garage
  • Uncovered Parking

Location

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

Schools

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

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7212220470

Community Details

Overview

  • Association fees include central hot water, common area maintenance, lawn service, road maintenance, water/sewer
  • 66 Units
  • S Mckinney Association
  • Secondary HOA Phone (425) 344-6560
  • Regatta At The Lakes Condos
  • The Lakes Subdivision
  • Park Phone (425) 747-4590 | Manager MacPhersons Property Mgt
  • Property is near a preserve or public land

Recreation

  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,676

Year Built

Built in 1999

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1999
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,RangeOven,Refrigerator,SeeRemarks
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Regatta at The Lakes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1233
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: End Unit,Insulated Windows,Primary Bath
  • SOCComments: Vacant! Easy sell at full 3%
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Cooking-Electric, Water Heater
  • 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: 3
  • StorageNo: NA
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Range/Oven,Refrigerator,See Remarks
  • StorageLocation: Off patio, garage
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: See Remarks, Territorial
  • Lot Features: Adjacent to Public Land, Corner Lot, Curbs, Open Space, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Structure Type: Townhouse
  • BusLineNearby: true
  • BusRouteNumber: 913

Garage/Parking

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

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Water/Sewer
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Outside Entry, Trail(s)
  • Park Manager Name: MacPhersons Property Mgt
  • Park Manager Phone: 425-747-4590
  • Association Fee: 360
  • Association Fee Frequency: Monthly
  • Phone: 425-344-6560
  • AssociationContactName: S McKinney
  • CommonPropertyFeatures: Outside Entry,Trails

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Lawn Service, Road Maintenance, See Remarks, Water/Sewer

Schools

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

Lot Info

  • Parcel Number: 7212220470
  • Irrigation Water Rights: No
  • ShowMapLink: true

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3676

Multi Family

  • Number Of Units In Community: 66

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 25, 2020
Sold by
Mcgloughin Glenn R and Mcgloughin Virginia D
Bought by
Patterson Lane C
Seller's Agent
Kathi Suske-Jones
KW Mountains to Sound Realty
Buyer's Agent
Jamie Jensen
John L. Scott Port Ludlow
List Price
$325,000
Sold Price
$342,000
Premium/Discount to List
$17,000
5.23%
Current Estimated Value
$447,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,679
Avg. Annual Appreciation
6.04%
Original Mortgage
$307,800
Outstanding Balance
$273,772
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$190,789

Purchase Details

Closed on
Oct 7, 2011
Sold by
Curran John E and Curran Kathie L
Bought by
Mcgloughin Glenn R and Mcgloughin Virginia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,950
Interest Rate
4.05%

Purchase Details

Closed on
Jun 4, 1999
Sold by
Ballard Michael S and Ballard Ingrid
Bought by
Curran John E and Curran Kathie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
6.9%

Purchase Details

Closed on
Jun 7, 1995
Sold by
Regatta At The Lakes Ltd Partnership
Bought by
Ballard Michael S and Ballard Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,209
Interest Rate
8.36%
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
Patterson Lane C $342,000 Rainier Title
Mcgloughin Glenn R $189,900 Fidelity Natio
Curran John E $136,500 --
Ballard Michael S $112,990 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Lane C $307,800
Previous Owner Mcgloughin Glenn R $193,950
Previous Owner Curran John E $109,200
Previous Owner Ballard Michael S $115,209
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $342,000 +5.2% $277 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $325,000 -- $264 / 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 $4,092 $391,000 $42,100 $348,900
2023 $4,090 $438,000 $40,100 $397,900
2022 $3,948 $381,000 $40,100 $340,900
2021 $3,632 $329,000 $38,100 $290,900
2020 $3,676 $288,000 $38,100 $249,900
2018 $3,230 $274,000 $35,100 $238,900
2017 $2,705 $242,000 $35,100 $206,900
2016 $2,463 $205,000 $35,100 $169,900
2015 $2,323 $176,000 $35,100 $140,900
2014 -- $162,000 $35,100 $126,900
2013 -- $114,000 $35,100 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1641565

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0470