NOT LISTED FOR SALE

5507 S 237th Place Unit 12-4 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $493,000 - $532,000

3 Beds
3 Baths
1,439 Sq Ft
6.07 Acres

Last Sold August 05, 2016

Last sale price $265,000 $184 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,162/month

1 Day on Market

Highlights

  • River View
  • 1 Fireplace
  • Garage
  • Craftsman Architecture
  • Open Space
  • Wood Siding

About This Home

As of August 2016

Enjoy this immaculate end unit home perfectly situated on the wide open spaces with views overlooking river and sunset. Vaulted ceilings, window wall, Living, dining rooms & kitchen finished in wood/laminate, wall to wall upper. A cozy wood burning FP, sunny deck - barbecues. Master BR w/walk-in closet, master bath, 2 sinks, soaking tub + 2 more BR & full baths. Powder RM, laundry, 2 car gar. Beautiful Regatta- riverside walking/bike trails, golf, Kent Station shopping & dining.

Last Agent to Sell the Property

Anita Lo

Western Homes Realty License #115518 Listed on: 06/16/2016

Western Homes Realty

Last Buyer's Agent

Patrick Smith

John L. Scott, Inc. License #25186

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM961811

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1994

Lot Details

  • Open Space

Home Design

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

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • River Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 7212220340

Community Details

Overview

  • 4 Units
  • The Lakes Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,528

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Craftsman
  • Entrance Level: Lower
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Dining Room: Lower
  • Living Room: Lower
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 1439

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Wall

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • Numberof Units In Complex: 66
  • HOA Fees: 320
  • Community Name: The Lakes
  • Project: Regatta at The Lake
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: MacPherson's Property Management (425) 747-5900
  • Common Property Features: High Speed Int Avail, Trails
  • Home Owner Dues Included: Water/Sewer
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath, Skylights, Vaulted Ceilings, Walk-In Closet, Yard

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: Curbs, Open Space, Paved Street
  • Parcel Number: 7212220340

Tax Info

  • Tax Amount: 3046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 4, 2016
Sold by
Rabb Darryl
Bought by
Rabb Tammy
Seller's Agent
Anita Lo
Western Homes Realty
Buyer's Agent
Patrick Smith
John L. Scott, Inc.
List Price
$229,000
Sold Price
$265,000
Premium/Discount to List
$36,000
15.72%
Current Estimated Value
$512,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,220
Avg. Annual Appreciation
7.72%
Original Mortgage
$212,000
Outstanding Balance
$171,847
Interest Rate
3.56%
Estimated Equity
$348,589

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 29, 2016
Sold by
Halligan Sau Wan
Bought by
Masse Morgan and Rabb Tammy
Seller's Agent
Anita Lo
Western Homes Realty
Buyer's Agent
Patrick Smith
John L. Scott, Inc.
List Price
$229,000
Sold Price
$265,000
Premium/Discount to List
$36,000
15.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$171,847
Interest Rate
3.56%
Estimated Equity
$348,589

Purchase Details

Closed on
Sep 20, 2013
Sold by
Halligan Sau Wan
Bought by
The Sau Wan Halligan Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2013
Sold by
Perkins Michelle L
Bought by
Halligan Sau Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2000
Sold by
Metcalf Betty J
Bought by
Perkins Edmund A and Perkins Michelle L

Purchase Details

Closed on
Mar 11, 1998
Sold by
Bramel Margaret A
Bought by
Perkins Edmund A and Perkins Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
7.06%

Purchase Details

Closed on
Feb 16, 1995
Sold by
Regatta At The Lakes Ltd Partnership
Bought by
Bramel Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
6.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rabb Tammy -- Wfg National T
Masse Morgan $265,000 Wfg National T
The Sau Wan Halligan Revocable Trust -- None Available
Halligan Sau Wan $215,000 Old Republic
Perkins Edmund A -- Stewart Title
Perkins Edmund A $157,000 Chicago Title Insurance Co
Bramel Margaret A $150,990 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masse Morgan $212,000
Previous Owner Halligan Sau Wan $121,000
Previous Owner Perkins Michelle L $168,000
Previous Owner Perkins Edmund A $125,600
Previous Owner Bramel Margaret A $143,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $265,000 +15.7% $184 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $229,000 -- $159 / 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 $4,528 $434,000 $42,100 $391,900
2023 $4,529 $486,000 $40,100 $445,900
2022 $4,371 $423,000 $40,100 $382,900
2021 $4,049 $365,000 $38,100 $326,900
2020 $4,165 $322,000 $38,100 $283,900
2018 $3,742 $316,000 $35,100 $280,900
2017 $3,135 $282,000 $35,100 $246,900
2016 $3,046 $239,000 $35,100 $203,900
2015 $2,731 $220,000 $35,100 $184,900
2014 -- $192,000 $35,100 $156,900
2013 -- $130,000 $35,100 $94,900
Source: Public Records

Agents Affiliated with this Home

  • Anita Lo

    Seller's Agent in 2016

    Anita Lo

    Western Homes Realty

    (425) 698-0201

    2 Total Sales

    Anita Lo
    Section Image
  • Patrick Smith

    Buyer's Agent in 2016

    Patrick Smith

    John L Scott

    (425) 260-3691

    43 Total Sales

    Patrick Smith
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM961811

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0340

Washington King County Kent 98032 The Lakes

5507 S 237th Place Unit 12-4, Kent, WA

This home is located at 5507 S 237th Place Unit 12-4, Kent, WA 98032 since 16 June 2016 and is currently estimated at $512,220, approximately $355 per square foot. This property was built in 1994. 5507 S 237th Place Unit 12-4 is a home located in King County with nearby schools including Neely O Brien Elementary School, Mill Creek Middle School, and Kent-Meridian High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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