Listed by John L. Scott, Inc., Bought with John L. Scott Des Moines
NOT LISTED FOR SALE

5523 S 231st Place Unit 12-3 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $460,000 - $478,000

3 Beds
3 Baths
1,405 Sq Ft
4.95 Acres

Last Sold May 16, 2016

Last sale price $255,000 $181 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,885/month

5 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Garage
  • Wood Flooring

About This Home

As of May 2016

Convenient Promenade North @ the Lakes Downtown Kent location. Close to Kent Station, SeaTac, REI, Amazon, ShoWare - you name it! This 3 bedroom, 2.5 bath 2 level condo has brand new carpet & paint, stainless steel appliances, cozy main floor fireplace, and a serene backyard. Come claim this gem as your own!

Last Agent to Sell the Property

Marianne Barkman

John L. Scott, Inc. License #2044 Listed on: 04/08/2016

John L. Scott, Inc.

Co-Listed By

Lisa Molinaro

John L. Scott, Inc. License #116728

Last Buyer's Agent

Dave Bomgardner

John L. Scott Des Moines License #12856

John L. Scott Des Moines

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM922073

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,549

Year Built

  • Built in 1997

Lot Details

  • Street terminates at a dead end

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6899970430

Community Details

Overview

  • Kent Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,549

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1405

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 300
  • Community Name: Kent
  • Project: Promenade North @ The Lakes
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Sharon McKinney (866) 404-0004
  • Home Owner Dues Included: Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Vaulted Ceilings, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Curbs, Dead End Street, Paved Street
  • Parcel Number: 6899970430

Tax Info

  • Tax Amount: 2148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Ferrin Dana P and Ferrin Sandra L
Bought by
Ramirez Jorge J
Current Estimated Value
$470,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,791
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2017
Sold by
Ferrin Dana Philip and Ferrin Sandra Lee
Bought by
Ferrin Justin Philip

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 10, 2016
Sold by
Porter Jason K and Porter Jennifer L
Bought by
Ferrin Dana P and Ferrin Sandra L
Seller's Agent
Marianne Barkman
John L. Scott, Inc.
Buyer's Agent
Dave Bomgardner
John L. Scott Des Moines
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$250,381
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2007
Sold by
Moffat Robert Scott and Moffat Heather E
Bought by
Porter Jason K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.1%

Purchase Details

Closed on
Jun 4, 2004
Sold by
Anthony Kevin B and Anthony Karen M
Bought by
Moffat Robert Scott and Moffat Heather E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.99%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Village Ii Llc
Bought by
Rouse Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,850
Interest Rate
7.16%
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
Ramirez Jorge J $330,000 Modus
Ferrin Justin Philip -- None Available
Ferrin Dana P $255,000 First American
Porter Jason K $289,000 Chicago Title
Moffat Robert Scott $187,000 Fidelity Natio
Rouse Karen M $147,890 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Jorge J $326,791
Previous Owner Ferrin Dana P $250,381
Previous Owner Porter Jason K $226,900
Previous Owner Porter Jason K $231,200
Previous Owner Moffat Robert Scott $90,000
Previous Owner Moffat Robert Scott $149,600
Previous Owner Rouse Karen M $141,850
Closed Moffat Robert Scott $28,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $255,000 0.0% $181 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $255,000 -- $181 / 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 $4,549 $439,000 $39,200 $399,800
2023 $4,159 $447,000 $37,400 $409,600
2022 $3,782 $388,000 $37,400 $350,600
2021 $3,662 $315,000 $35,500 $279,500
2020 $3,647 $291,000 $35,500 $255,500
2018 $3,127 $281,000 $30,000 $251,000
2017 $2,603 $234,000 $30,000 $204,000
2016 $2,418 $197,000 $30,000 $167,000
2015 $2,148 $173,000 $30,000 $143,000
2014 -- $149,000 $30,000 $119,000
2013 -- $105,000 $36,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM922073

Northwest Multiple Listing Service (NWMLS)

APN: 689997-0430