NOT LISTED FOR SALE

5508 S 236th Place Unit 8-4 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $473,487 - $486,000

3 Beds
3 Baths
1,247 Sq Ft
7 Acres

Last Sold September 14, 2018

Last sale price $309,500 $248 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,039/month

6 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Garage
  • Traditional Architecture
  • 1 Fireplace
  • Wood Siding

About This Home

As of September 2018

This waterfront townhome in the Lakes complex is ready to move into. Sit on the private deck and enjoy the lake. Located close to shopping, schools, Sounder Station, bus line, trails and Kent Station. The main level features a large living room/dining room, kitchen and half-bath. The Master is on the second level with two additional bedrooms and two bathrooms. Lots of additional storage in the attached garage.

Last Agent to Sell the Property

Jake Jacobson

Windermere Real Estate Midtown License #3531 Listed on: 08/16/2018

Windermere Real Estate Midtown

Last Buyer's Agent

Rhonda Calabrese

John L. Scott, Inc License #49803

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1346887

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 1995

Lot Details

  • 7

Parking

  • Garage

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Blinds
  • Lake Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7922680300

Community Details

Overview

  • The Lakes Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,310

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Traditional
  • Entrance Level: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Estimated Sq Ft: 1247
  • Window Coverings: Blinds

Exterior Features

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

Garage/Parking

  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • HOA Fees: 280
  • Community Name: The Lakes
  • Project: The Lakes Condo/Spinnaker Point
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Denise Rasmusen (253) 472-0825
  • Association Contact: Roy Trettin (253) 813-2394
  • Common Property Features: Cable Tv, Trails
  • Home Owner Dues Included: Cable Tv, Common Area Maintenance, Lawn Service

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 7922680300

Tax Info

  • Tax Amount: 3227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2020
Sold by
Mihic Sladana
Bought by
Josifovic Nenad
Total Days on Market
6
Current Estimated Value
$477,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2018
Closed on
Sep 6, 2018
Sold by
Prospek William L
Bought by
Josifovic Nenad
Seller's Agent
Jake Jacobson
Windermere Real Estate Midtown
Buyer's Agent
Rhonda Calabrese
John L. Scott, Inc
List Price
$297,500
Sold Price
$309,500
Premium/Discount to List
$12,000
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$278,550
Interest Rate
4.6%

Purchase Details

Closed on
Aug 8, 2004
Sold by
Rowles Stephen D
Bought by
Prospek William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.25%

Purchase Details

Closed on
Apr 20, 1999
Sold by
Williams Mat S and Galarosa Cindy A
Bought by
Rowles Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
7.1%

Purchase Details

Closed on
Oct 4, 1995
Sold by
Spinnaker Pointe Llc
Bought by
Williams Mat S and Galarosa Cindy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,629
Interest Rate
7.92%
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
Josifovic Nenad -- Wfg Natl Ttl Co Of Wa Llc
Josifovic Nenad $309,500 Cw Title
Prospek William L $194,000 Chicago Title
Rowles Stephen D $140,250 --
Williams Mat S $131,990 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Josifovic Nanad $262,000
Previous Owner Josifovic Nenad $260,000
Previous Owner Josifovic Nenad $278,550
Previous Owner Prospek William L $140,000
Previous Owner Rowles Stephen D $100,000
Previous Owner Rowles Stephen D $112,200
Previous Owner Williams Mat S $134,629
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $309,500 +4.0% $248 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $297,500 0.0% $239 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $297,500 -- $239 / 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 $4,310 $416,000 $37,100 $378,900
2023 $4,362 $450,000 $35,300 $414,700
2022 $3,929 $410,000 $35,300 $374,700
2021 $3,746 $329,000 $33,600 $295,400
2020 $3,518 $299,000 $33,600 $265,400
2018 $3,227 $277,000 $28,300 $248,700
2017 $2,922 $243,000 $28,300 $214,700
2016 $2,823 $224,000 $28,300 $195,700
2015 $2,614 $205,000 $28,300 $176,700
2014 -- $185,000 $28,300 $156,700
2013 -- $130,000 $28,300 $101,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1346887

Northwest Multiple Listing Service (NWMLS)

APN: 792268-0300