Listed by COMPASS, Bought with John L. Scott Des Moines
$203,000
SOLD OCT 21, 2016

5502 S 237th Place Unit 4-2 Kent, WA 98032

The Lakes Neighborhood
2 Beds
1 Bath
1,041 Sq Ft
7 Acres

Recently Sold

$195 Per Sq Ft

2% Above List Price

17 Days on Market

Highlights

  • 1 Fireplace
  • Garage
  • Wood Siding
  • Ceramic Tile Flooring

About This Home

As of October 2021

Lightly lived in, great location for commuters and FHA Approved! This darling 1,041 sq ft Regatta at the Lakes townhome is move-in ready! Updated with laminate floor in the living/dining room, tile in kitchen & bathrooms & new lighting fixtures. Clean & bright kitchen with lots of cabinets. Each bdrm has it's own private bath, great for roommates. Stacking W/D & storage closet off the patio, 1 car garage and xtra parking space. Minutes to I-5, Kent Station, Hwy 167! Great price for a great home!

Last Agent to Sell the Property

Andrea Taylor

COMPASS License #79407 Listed on: 08/16/2016

COMPASS

Last Buyer's Agent

Dave Bomgardner

John L. Scott Des Moines License #12856

John L. Scott Des Moines

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1014537

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,646

Year Built

  • Built in 1994

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 7212220020

Community Details

Overview

  • The Lakes Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,646

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Townhouse
  • Entrance Level: Main
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • 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
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Patio
  • Estimated Sq Ft: 1041

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage, Off Street

Utilities

  • Heating And Cooling: Wall

Condo/Co-op/Association

  • HOA Fees: 320
  • Community Name: The Lakes
  • Project: Regatta at the Lakes
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: MacPherson Prop Mgmt (425) 344-6560
  • Association Contact: Sharon McKinney
  • Common Property Features: Cable Tv, High Speed Int Avail
  • Home Owner Dues Included: Earthquake Ins., Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: KNT

Lot Info

  • Lot Sq Ft: 289463
  • Parcel Number: 7212220020

Tax Info

  • Tax Amount: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 18, 2021
Sold by
Quigley Paula Browning
Bought by
Arellano Felmar and Arellano Sheila Mae
Seller's Agent
Andrew Parker
RE/MAX Metro Realty, Inc.
Buyer's Agent
Austin Thomas
Kelly Right RE of Seattle LLC
List Price
$320,000
Sold Price
$330,000
Premium/Discount to List
$10,000
3.12%
Current Estimated Value
$406,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,014
Avg. Annual Appreciation
6.08%
Original Mortgage
$12,960
Outstanding Balance
$12,003
Interest Rate
3.01%
Mortgage Type
Unknown
Estimated Equity
$399,958

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 15, 2018
Sold by
Tivis Jeffrey D and Tivis Malinda S
Bought by
Quigley Paula Browning
Seller's Agent
Dave Bomgardner
John L. Scott Des Moines
Buyer's Agent
Andrew Parker
RE/MAX Metro Realty, Inc.
List Price
$250,000
Sold Price
$247,950
Premium/Discount to List
-$2,050
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$235,552
Interest Rate
4.04%

Purchase Details

Listed on
Aug 16, 2016
Closed on
Oct 10, 2016
Sold by
Macdonald Norman H and Solomon Nancy
Bought by
Tivis Jeffrey D and Tivis Malinda S
Seller's Agent
Andrea Taylor
COMPASS
Buyer's Agent
Dave Bomgardner
John L. Scott Des Moines
List Price
$200,000
Sold Price
$203,000
Premium/Discount to List
$3,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%
Original Mortgage
$199,323
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2016
Sold by
Macdonald Norman H and Solomon Nancy
Bought by
Norman Macdonald & Nancy Solomon Living

Purchase Details

Closed on
Jul 7, 2014
Sold by
Macdonald Norman H and Macdonald Kathleen S
Bought by
Macdonald Norman H and Solomon Nancy

Purchase Details

Closed on
Feb 25, 2002
Sold by
Hansen Norman E
Bought by
Macdonald Norman H and Macdonald Kathleen S

Purchase Details

Closed on
Nov 22, 1994
Sold by
Regatta At The Lakes Ltd Ptrshp
Bought by
Hansen Norman E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
6.37%
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 Type Sale Price Title Company
Warranty Deed $330,000 Rainier Title
Warranty Deed $247,950 Ticor Title
Warranty Deed $203,000 Rainier Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $135,500 Fidelity National Title
Warranty Deed $98,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,960 Unknown
Open $324,022 FHA
Previous Owner $235,552 No Value Available
Previous Owner $199,323 FHA
Previous Owner $93,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $330,000 +3.1% $317 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $320,000 +29.1% $307 / Sq Ft
02/28/2018 02/28/18 Sold $247,950 0.0% $238 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/19/2017 12/19/17 Price Changed $247,950 -0.8% $238 / Sq Ft
11/09/2017 11/09/17 For Sale $250,000 +23.2% $240 / Sq Ft
10/21/2016 10/21/16 Sold $203,000 +1.5% $195 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $200,000 -- $192 / 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 $3,646 $347,000 $41,900 $305,100
2023 $4,201 $390,000 $39,900 $350,100
2022 $3,491 $336,000 $39,900 $296,100
2021 $3,226 $290,000 $37,900 $252,100
2020 $3,209 $255,000 $37,900 $217,100
2018 $2,817 $241,000 $34,900 $206,100
2017 $2,362 $210,000 $34,900 $175,100
2016 $2,100 $178,000 $34,900 $143,100
2015 $1,980 $149,000 $34,900 $114,100
2014 -- $137,000 $34,900 $102,100
2013 -- $99,000 $34,900 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1014537

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0020