NOT LISTED FOR SALE

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

The Lakes Neighborhood

Estimated Value: $447,000 - $494,000

3 Beds
1 Bath
1,233 Sq Ft
6 Acres

Last Sold September 29, 2020

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

Est. 36% increase in value since last sale

Current estimated payment $2,813/month

4 Days on Market

Highlights

  • Craftsman Architecture
  • 1 Fireplace
  • Open Space
  • Territorial View
  • Corner Lot
  • Garage

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#: NWM1641565

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1999

Lot Details

  • Open Space

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 2-Story Property
  • 1 Fireplace
  • Blinds
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 7212220470

Community Details

Overview

  • 4 Units
  • The Lakes Community

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,092

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Craftsman
  • Entrance Level: Main
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Off patio, garage
  • Estimated Sq Ft: 1233
  • Window Coverings: Blinds

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Individual Garage, Uncovered

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • Numberof Units In Complex: 66
  • HOA Fees: 360
  • Community Name: The Lakes
  • Project: Regatta at The Lakes
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: MacPhersons Property Mgt (425) 747-4590
  • Association Contact: S McKinney (425) 344-6560
  • Common Property Features: Outside Entry, Trails
  • Home Owner Dues Included: Central Hot Water, Earthquake Ins., Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: End Unit, Insulated Windows, Master Bath

Schools

  • Elementary School: Neely O Brien Elem
  • Middle School: Mill Creek Mid Sch
  • High School: Kent-Meridian High
  • School District: KNT

Lot Info

  • Lot Details: Corner Lot, Curbs, Open Space, Paved Street, Sidewalk
  • Parcel Number: 7212220470

Tax Info

  • Tax Amount: 3676

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%
Total Days on Market
4
Current Estimated Value
$465,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,891
Avg. Annual Appreciation
6.86%
Original Mortgage
$307,800
Outstanding Balance
$278,675
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$188,216

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

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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
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 Change Sq Ft Price
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: NWM1641565

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0470