Listed by The Amber Bills Group, Bought with Michael J Real Estate LLC
NOT LISTED FOR SALE

5519 S 237th Place Unit 11-4 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $500,000 - $536,000

3 Beds
2.5 Baths
1,439 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $505,000 $351 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,635/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • 1 Fireplace
  • Territorial View
  • Wood Flooring
  • End Unit

About This Home

As of July 2022

Welcome to The Lakes, a community of homes nestled near lakes & trails off the Green River. From the moment you enter in the 2-story great room you’ll feel right at home - this end unit is abundant in natural light w/ open concept living & conveniently located just a short walk to lakes, parks & Green River Trails! Summer ready - relax & unwind on the private large deck w/ beautiful landscaping & water feature. Kitchen features white cabinetry, solid surface counters & stainless steel appliances. Granite surround fireplace in great room. Spacious owner suite w/walk-in closet & 5 piece bathroom. Upstairs bathroom w/ heated tile floors! Large 2 car garage + guest parking. Easy commute - minutes from highway, freeway & transit access!

Last Agent to Sell the Property

Amber Bills

The Amber Bills Group License #25546 Listed on: 06/30/2022

Last Buyer's Agent

Michael Jerabek

Michael J Real Estate LLC License #13011

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1957276

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1994

Lot Details

  • End Unit
  • Private Yard
  • Yard

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,439 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Blinds
  • Territorial Views
  • Electric Dryer

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Patio

Schools

  • Kent-Meridian High School

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7212220300

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, water
  • 66 Units
  • Regatta At Lakes Condos
  • The Lakes Subdivision
  • Park Phone (425) 747-5900 | Manager Sharon McKinney
  • Property is near a preserve or public land

Recreation

  • Trails

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,370

Year Built

Built in 1994

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1994
  • Inclusions: Dishwasher,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Regatta at Lakes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1439
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Vaulted Ceilings,Walk-in Closet,Yard
  • Special Features: None
  • Cumulative Days on Market: 1,119

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Microwave, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Cooking-Electric, Dryer-Electric, Ice Maker, Water Heater
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Stove/Range
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Townhouse
  • ConstructionMethods: Standard Frame
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Outside Entry, Trail(s)
  • Park Manager Name: Sharon McKinney
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • CommonPropertyFeatures: Cable TV,Outside Entry,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 7212220300
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: King County Tax Records
  • MLSSquareFootageSource: 1439

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4370

Multi Family

  • Number Of Units In Community: 66
  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jul 21, 2022
Sold by
Mcdowell and Hannah
Bought by
Cobb-Love Marlene D and Cobb Avon A
Seller's Agent
Amber Bills
The Amber Bills Group
Buyer's Agent
Michael Jerabek
Michael J Real Estate LLC
List Price
$475,000
Sold Price
$505,000
Premium/Discount to List
$30,000
6.32%
Current Estimated Value
$526,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,263
Avg. Annual Appreciation
1.26%
Original Mortgage
$393,900
Outstanding Balance
$379,789
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$144,857

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 25, 2020
Sold by
King Connie and King Edward
Bought by
Mcdowell Ryan and Mcdowell Hannah
Seller's Agent
Gini Anderson
BCR LLC
Buyer's Agent
Richard Hicks
John L. Scott, Inc
List Price
$395,950
Sold Price
$400,000
Premium/Discount to List
$4,050
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$386,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
Bujnowski Michael Thomas and Bujnowski Caryn Francis
Bought by
King Edward and King Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,960
Interest Rate
6.22%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Regatta At The Lakes Ltd Partnership
Bought by
Bujnowski Michael Thomas and Bujnowski Caryn Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,700
Interest Rate
5.75%
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
Cobb-Love Marlene D $505,000 Chicago Title
Mcdowell Ryan $400,000 Fidelity National Title
King Edward $299,950 Chicago Title
Bujnowski Michael Thomas $149,190 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb-Love Marlene D $393,900
Previous Owner Mcdowell Ryan $386,000
Previous Owner King Edward $239,960
Previous Owner Bujnowski Michael Thomas $141,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $505,000 +6.3% $351 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $475,000 +18.8% $330 / Sq Ft
08/28/2020 08/28/20 Sold $400,000 +1.0% $278 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $395,950 -- $275 / 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 $4,651 $447,000 $42,100 $404,900
2023 $5,525 $518,000 $40,100 $477,900
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1957276

Northwest Multiple Listing Service (NWMLS)

APN: 721222-0300