NOT LISTED FOR SALE

5506 S 234th Place Unit 21 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $314,000 - $371,000

1 Bed
1 Bath
815 Sq Ft
10 Acres

Last Sold November 24, 2021

Last sale price $297,500 $365 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,163/month

7 Days on Market

Highlights

  • Lake View
  • 1 Fireplace
  • Ceramic Tile Flooring
  • Contemporary Architecture
  • Open Space
  • Garage

About This Home

As of November 2021

Welcome Home to West Bay at the lakes Condo, the beautiful open floor plan, very bright south exposure gives natural light, the wood burning fireplace is cozy for the winter. The one bedroom, one full bathroom with washer and dryer offers all new LG range, dishwasher, microwave in the kitchen and in the garage a new water heater. West bay offers a very quiet peaceful complex, plenty of parking for your guest. Very low HOAs and living expenses. The lakes offer many trails for walking, biking, golf and enjoy viewing the wild life on your morning walks. The Amazing location is close to Transit, Sounder, Sea Tac airport, and Seattle. Don't miss this hidden GEM!

Last Agent to Sell the Property

Tina Moran

Newberry Realty, Inc. Listed on: 10/18/2021

Last Buyer's Agent

Issachar Nistrian

Best Choice Realty LLC License #102733

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1854256

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,233

Year Built

  • Built in 1995

Lot Details

  • Open Space
  • Street terminates at a dead end

Parking

  • Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

  • Neely O Brien Elementary School
  • Mill Creek Mid Sch Middle School

Listing and Financial Details

  • Assessor Parcel Number 9263700270

Community Details

Overview

  • Kent Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,233

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Contemporary
  • Dwelling Type: ATTCH
  • Effective Year Built: 1996
  • Entrance Level: Lower
  • Unit Floor Number: 2
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1995

Interior Features

  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer, K
  • Bedrooms: 1.00
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Fireplaces: 1
  • Dining Room: Upper
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Storage: garage
  • Estimated Sq Ft: 815
  • Total Square Footage: 815

Exterior Features

  • Exterior: Brick, Metal/Vinyl
  • Roof: Composition
  • View: Lake, Territorial
  • Waterfront: Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Insert
  • Water Heater: Garage-Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 150
  • HOA Fees: 270
  • Community Name: Kent
  • Project: West Bay at The Lakes
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Teresa May (425) 747-5900
  • Association Contact: MacPherson Management (425) 747-5900
  • Common Property Features: Club House, Exercise Room, Fire Sprinklers, Trails
  • Home Owner Dues Included: Earthquake Ins., Road Maintenance, Common Area Maintenance, Lawn Service, O, P
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Jetted/Soaking Tub, Top Floor, Vaulted Ceilings, Walk-In Closet

Association/Amenities

  • Unit: 21

Schools

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

Lot Info

  • Lot Details: Curbs, Dead End Street, Open Space, Paved Street, Sidewalk
  • Parcel Number: 9263700270

Tax Info

  • Year: 2021
  • Tax Amount: 2739

MLS Schools

  • Elementary School: Neely O Brien Elem
  • Senior High: Kent-Meridian High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Nov 18, 2021
Sold by
Moran Daniel R and Moran Tina M
Bought by
Nistrian Issachar
Seller's Agent
Tina Moran
Newberry Realty, Inc.
Buyer's Agent
Issachar Nistrian
Best Choice Realty LLC
List Price
$295,000
Sold Price
$297,500
Premium/Discount to List
$2,500
0.85%
Total Days on Market
7
Current Estimated Value
$337,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
2.88%
Original Mortgage
$282,625
Outstanding Balance
$262,937
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$65,884

Purchase Details

Closed on
Oct 22, 2020
Sold by
Dugan Jeffrey M
Bought by
Moran Daniel R and Moran Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2001
Sold by
Adams Michelle
Bought by
Dugan Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,098
Interest Rate
6.73%

Purchase Details

Closed on
May 31, 1996
Sold by
West Bay Llc
Bought by
Adams Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
7.96%
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
Nistrian Issachar $297,500 Rainier Title
Moran Daniel R $243,000 Old Republic Title Ltd
Dugan Jeffrey M $109,900 Old Republic Title
Adams Michelle $82,990 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nistrian Issachar $282,625
Previous Owner Moran Daniel R $182,250
Previous Owner Dugan Jeffrey M $151,200
Previous Owner Dugan Jeffrey M $60,000
Previous Owner Dugan Jeffrey M $112,098
Previous Owner Adams Michelle $66,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $297,500 +0.8% $365 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $295,000 -- $362 / 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 $3,233 $312,000 $28,000 $284,000
2023 $3,039 $326,000 $26,600 $299,400
2022 $2,795 $284,000 $26,600 $257,400
2021 $2,739 $233,000 $25,300 $207,700
2020 $2,642 $218,000 $25,300 $192,700
2018 $2,406 $190,000 $21,300 $168,700
2017 $1,999 $181,000 $21,300 $159,700
2016 $1,605 $152,000 $21,300 $130,700
2015 $1,451 $114,000 $21,300 $92,700
2014 -- $100,000 $21,300 $78,700
2013 -- $81,000 $22,400 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1854256

Northwest Multiple Listing Service (NWMLS)

APN: 926370-0270