Listed by CENTURY 21 North Homes Realty
$449,950
OPEN SAT 1PM - 3PM

5506 S 237th Place Unit 4-4 Kent, WA 98032

The Lakes Neighborhood

Estimated payment $3,111/month

Total Views 28
3 Beds
2.5 Baths
1,233 Sq Ft
$365 Price per Sq Ft

Highlights

  • 6.65 Acre Lot
  • Engineered Wood Flooring
  • Corner Lot
  • Contemporary Architecture
  • End Unit
  • Ground Level Unit

About This Home

Welcome to Regatta at The Lakes! This light-filled corner-unit townhome offers 3 bedrooms and 2.5 baths with a thoughtful open-concept design perfect for everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, and plenty of space to cook and gather. Large windows throughout fill the home with natural light, creating a warm and inviting atmosphere. Upstairs, the spacious primary suite includes its own private bath for comfort and convenience. A detached 1-car garage provides additional storage and parking. Ideally located just minutes from shopping, dining, parks, and commuter routes, this home combines style, functionality, and a fantastic location.

Listing Agent

Armie Iglesias

CENTURY 21 North Homes Realty License #103966 Listed on: 09/24/2025

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2431001

Northwest Multiple Listing Service (NWMLS)

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,035

Year Built

  • Built in 1994

Lot Details

  • Open Space
  • End Unit
  • Street terminates at a dead end
  • South Facing Home

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,233 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, snow removal, trash, water
  • 66 Units
  • Sharon Mckinney Association
  • Secondary HOA Phone (425) 747-5900
  • Regatta At Lakes Condo
  • The Lakes Subdivision
  • Park Manager: McKeey

Amenities

  • Community Garden

Recreation

  • Community Playground
  • Trails

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,035

Year Built

Built in 1994

Lot Details

0

HOA Fees

$390 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1994
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Contemporary
  • Building Name: Regatta At Lakes Condo
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1233
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: End Unit,Ground Floor,Primary Bath,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2431001?w=Consumer&agent=81935
  • Special Features: OpenHouse

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Vinyl Plank, Carpet
  • Interior Amenities: Cooking-Gas, Dryer-Electric, End Unit, Fireplace, Ground Floor, Primary Bathroom, Walk-In Closet(s), Washer, Water Heater
  • Stories: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • StorageNo: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Outside the unit
  • WindowCoverings: Blind

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Direction Faces: South
  • Exterior Features: Metal/Vinyl, Wood Products
  • Structure Type: Townhouse

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Main floor
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Garden Space, Playground, Trail(s)
  • Park Manager Name: McKeey
  • Senior Community: No
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Association: Yes
  • Pets Allowed: Subject to Restrictions
  • AssociationContactName: Sharon McKinney
  • CommonPropertyFeatures: Garden Space,Playground,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 721222004005
  • Lot Size Acres: 6.6451
  • Lot Size Sq Ft: 289463
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: public

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4035

Multi Family

  • Number Of Units In Community: 66
  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,035 $385,000 $41,900 $343,100
2023 $4,664 $434,000 $39,900 $394,100
2022 $3,891 $375,000 $39,900 $335,100
2021 $3,596 $324,000 $37,900 $286,100
2020 $3,616 $285,000 $37,900 $247,100
2018 $3,230 $274,000 $34,900 $239,100
2017 $2,705 $242,000 $34,900 $207,100
2016 $2,463 $205,000 $34,900 $170,100
2015 $2,323 $176,000 $34,900 $141,100
2014 -- $162,000 $34,900 $127,100
2013 -- $114,000 $34,900 $79,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2025 09/24/25 For Sale $449,950 +76.5% $365 / Sq Ft
09/08/2016 09/08/16 Sold $255,000 +2.0% $207 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $250,000 -- $203 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $255,000 Stewart Title
Warranty Deed $118,000 Chicago Title
Warranty Deed $225,700 Chicago Title
Warranty Deed $126,000 Pacific Northwest Title Co
Warranty Deed $105,900 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,381 FHA
Previous Owner $118,000 No Value Available
Previous Owner $222,760 No Value Available
Previous Owner $119,700 No Value Available
Previous Owner $87,400 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2431001

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0040