Listed by Windermere Real Estate/PSR Inc, Bought with Better Properties Kent LLC
$460,000
SOLD JUN 28, 2023

5525 S 231st Place Unit 12-2 Kent, WA 98032

The Lakes Neighborhood
3 Beds
2.5 Baths
1,394 Sq Ft
$360/mo HOA Fee

Recently Sold

$330 Per Sq Ft

8% Above List Price

3 Days on Market

Highlights

  • Unit is on the top floor
  • Vaulted Ceiling
  • Walk-In Closet
  • Territorial View
  • Balcony
  • Patio

About This Home

As of June 2023

This move-in ready gem offers everything you need & more! Nestled in a quiet & desirable neighborhood, this 3-bedroom, 2.5-bath home with an attached garage boasts inviting kitchen, complete with a breakfast nook & SS appliances. The dining & living rooms feature a cozy fireplace, creating a warm & welcoming atmosphere for entertaining guests. Upstairs, you'll find all the bedrooms, including a gorgeous master suite w/ a walk-in closet, providing ample space for all your needs. Step outside to discover a backyard with a patio overlooking lush green space. It's the perfect setting for outdoor relaxation & gatherings with friends. Minutes from parks, Southcenter Mall, Kent Station, Seatac & Amazon. Easy access to I-5,167 & 18

Last Agent to Sell the Property

Alican Bodur

Windermere Real Estate/PSR Inc License #20114575 Listed on: 06/08/2023

Windermere Real Estate/PSR Inc

Last Buyer's Agent

Cindy Unzeitig

Better Properties Kent LLC License #97992

Better Properties Kent LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2078174

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,138

Year Built

  • Built in 1997

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • Neely O Brien Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Additional Features

  • Sprinkler System
  • Unit is on the top floor
  • Baseboard Heating

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, sewer, water
  • 48 Units
  • Sharon Mckinney Association
  • Kent Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,138

Year Built

Built in 1997

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1997
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1394
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Insulated Windows,Primary Bath,Sprinkler System,Top Floor,Vaulted Ceilings,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2078174?w=Consumer&agent=131314
  • Special Features: None
  • Cumulative Days on Market: 523

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace
  • Stories: 2
  • 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
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Townhouse
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • ParkingSpaceNumbers: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 360
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Sharon McKinney

Fee Information

  • Association Fee Includes: Common Area Maintenance, Sewer, Water

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Mill Creek Mid Sch

Lot Info

  • Parcel Number: 6899970420
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4138.29

Multi Family

  • Number Of Units In Community: 48
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 23, 2023
Sold by
Decarvalho Amanda
Bought by
Davis Vetra
Seller's Agent
Alican Bodur
Windermere Real Estate/PSR Inc
Buyer's Agent
Cindy Unzeitig
Better Properties Kent LLC
List Price
$425,000
Sold Price
$460,000
Premium/Discount to List
$35,000
8.24%
Views
42
Current Estimated Value
$479,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,099
Avg. Annual Appreciation
1.98%
Original Mortgage
$437,000
Outstanding Balance
$426,697
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$52,402

Purchase Details

Listed on
Nov 29, 2017
Closed on
Feb 23, 2018
Sold by
Ufford Gordon D and Ufford Yukako A
Bought by
Decarvalho Amanda and Richardson Derrick
Seller's Agent
Kwasi Bowie
John L. Scott, Inc
Buyer's Agent
Alec Pulley
Pellego, Inc.
List Price
$272,500
Sold Price
$285,000
Premium/Discount to List
$12,500
4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$228,000
Interest Rate
4.04%

Purchase Details

Closed on
Jun 18, 2004
Sold by
Ayala Stacy L and Ayala Orin J
Bought by
Ufford Gordon D and Ufford Yukako A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.37%

Purchase Details

Closed on
Aug 3, 2003
Sold by
Fry Elza E and Fry Linda D
Bought by
Ayala Stacy L and English Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,300
Interest Rate
5.29%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Village Ii Llc
Bought by
English Stacy L and Fry Elza E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,950
Interest Rate
7.05%
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 Type Sale Price Title Company
Warranty Deed $460,000 Cw Title
Warranty Deed $285,000 Chicago Title
Warranty Deed $185,000 Lawyers Title
Warranty Deed -- Chicago Title
Warranty Deed $139,990 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,000 New Conventional
Previous Owner $228,000 No Value Available
Previous Owner $90,865 No Value Available
Previous Owner $146,400 No Value Available
Previous Owner $50,634 No Value Available
Previous Owner $148,000 No Value Available
Previous Owner $104,300 No Value Available
Previous Owner $104,950 No Value Available
Closed $37,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $460,000 +8.2% $330 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $425,000 +49.1% $305 / Sq Ft
03/05/2018 03/05/18 Sold $285,000 +4.6% $204 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $272,500 0.0% $195 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/26/2017 12/26/17 Price Changed $272,500 -2.3% $195 / Sq Ft
12/01/2017 12/01/17 For Sale $279,000 -- $200 / 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 $437,000 $39,200 $397,800
2023 $4,138 $445,000 $37,400 $407,600
2022 $3,758 $386,000 $37,400 $348,600
2021 $3,638 $313,000 $35,500 $277,500
2020 $3,634 $289,000 $35,500 $253,500
2018 $3,102 $280,000 $30,000 $250,000
2017 $2,590 $232,000 $30,000 $202,000
2016 $2,404 $196,000 $30,000 $166,000
2015 $2,134 $172,000 $30,000 $142,000
2014 -- $148,000 $30,000 $118,000
2013 -- $104,000 $36,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2078174

Northwest Multiple Listing Service (NWMLS)

APN: 689997-0420