5506 S 237th Place Unit 4-4 Kent, WA 98032
The Lakes NeighborhoodEstimated payment $3,040/month
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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2431001
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
Utilities
- Forced Air Cooling System
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- Water Heater
Additional Features
- Number of ADU Units: 0
- Ground Level Unit
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 721222004005
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
- Pets Allowed with Restrictions
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | Pending | -- | -- | -- | |
| 10/16/2025 10/16/25 | Price Changed | $439,950 | -2.2% | $357 / Sq Ft | |
| 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 | View Prior Sale |
| 07/27/2016 07/27/16 | Pending | -- | -- | -- | |
| 07/22/2016 07/22/16 | For Sale | $250,000 | -- | $203 / Sq Ft |
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 |
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: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2431001
APN: 721222-0040
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Based on information submitted to the MLS GRID
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